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Organisation of Commerce and Management 2014-2015 HSC Commerce (English Medium) 12th Standard Board Exam Question Paper Solution

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Organisation of Commerce and Management
Marks: 80 Maharashtra State Board
HSC Commerce (English Medium)
HSC Commerce: Marketing and Salesmanship

Academic Year: 2014-2015
Date & Time: 5th October 2015, 4:00 pm
Duration: 3h
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[15]1
[5]1.A | Select the proper option from the options given below and rewrite the sentences
[1]1.A.1

A sole trading concern ensures ______________ business secrecy.

(a) minimum

(b) maximum 

(c) limited

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[1]1.A.2

Select the proper option from the options given below and rewrite the completed sentence:
For online transaction, ________ is required.

trading

registration

business

Concept: undefined - undefined
Chapter: [0.03] Emerging Modes of Business [0.05] Emerging Modes of Business
[1]1.A.3

Credit or Debit cards are popularly known as ____________ money.

(a) paper
(b) plastic
(c) polymer
Concept: undefined - undefined
Chapter: [0.02] Business Services
[1]1.A.4

To make timely payment of proper taxes is the responsibility of organisation towards the ___________

shareholders
customers

government

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[1]1.A.5

Under the Consumer Protection Act 1986, there is a  quasi judicial consumer dispute redressal machinery for solving the complaints of the consumers.

(a) two-tier 

(b) five-tier 

(c) three-tier

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[5]1.B | Match the correct pairs:
Group 'A'
Group 'B'
a. Public Company
1. Father of Scientific Management
b. Henry Fayol
2. Corrective action taking.
c. Controlling
3. Commercial bank
d. Reserve Bank Of India. (R.B.I.)
4. Withdrawal after fixed period of time.
e. Fixed deposit account
5. Maximum 50 members.
 
6. Central Bank
 
7. Unlimited members
 
8. Father of modern management
 
9. Taking action against employees
 
10. Withdrawal before the fixed period of time.
Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]1.C | Write a word or a phrase or a term which can substitute each one of the following statements:
[1]1.C.1

The type of commercial organisation established for providing services to its members.

Concept: undefined - undefined
Chapter: [0.02] Business Services
[1]1.C.2
Getting good quality products is the basic right of this group of society.
 
Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[1]1.C.3

Write only ‘one’ word or phrase or term which can substitute the following statement :

A consumer dispute redressal agency the handles claims of more than ` 1 (one) crore.

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[1]1.C.4
The statements which disclose fundamental truth of management.
Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
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[1]1.C.5

A process where in the manager instructs, guides and communicates with employees.

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[15]2 | Distinguish between the following (Any Three)
[5]2.A

Distinguish between Partnership Firm Joint Stock Company

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]2.B

Current Account Saving Account

Concept: undefined - undefined
Chapter: [0.02] Business Services
[5]2.C

State Commission National Commission

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[5]2.D

Differences between Planning and Controlling

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[5]2.E

Co - operative Society Joint Hindu Family Firm

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[15]3 | Write short notes on Any Three of the following:
[5]3.A

Write short notes .

Advantages of e - business

Concept: undefined - undefined
Chapter: [0.03] Emerging Modes of Business [0.05] Emerging Modes of Business
[5]3.B

Explain meaning of principles of management and discuss the nature principles of management.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[5]3.C

Write short answer of the following.
State the features of co-operative society

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]3.D

Write short notes

Importance of organising.

 

 

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[5]3.E

Principles of Insurance?

Concept: undefined - undefined
Chapter: [0.02] Business Services
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[15]4 | State with reasons whether the following statements are True or False.
[5]4.A

State with reasons whether the following statements are True or False. 

Maximization of profit is the main motto of co-operative society.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]4.B

State with reasons whether the following statements are True or False

e-business allows you lo work across the globe in any field.

Concept: undefined - undefined
Chapter: [0.03] Emerging Modes of Business [0.05] Emerging Modes of Business
[5]4.C

State with reasons, whether the following statement is True or False:

The business organisation has various types of social responsibilities.

True

False

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics. [0.06] Social Responsibilities of Business
[5]4.D

State with reasons whether the following statements are True or False

'Lok Adalat' is one of the effective ways to resolve consumer problems.

 

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[5]4.E

State with reasons whether the following statements are True or False

Principles of management are rigid.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[10]5 | Attempt the following
[5]5.A

State the responsibilities of business towards government. –

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[5]5.B

Explain the characteristics of entrepreneur.

Concept: undefined - undefined
Chapter: [0.03] Entrepreneurship Development
[5]5.C

State the importance of co-ordinating.

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[5]5.D

Write short note on the following:

Importance of consumer protection

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[10]6
[10]6.A

Define a sole trading concern. Explain its merits and
demerits.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
OR
[10]6.B

Define Bank.

Concept: undefined - undefined
Chapter: [0.04] Business Services

Explain different types of banks.

Concept: undefined - undefined
Chapter: [0.02] Business Services

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