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Organisation of Commerce and Management Official 2023-2024 HSC Commerce (English Medium) 12th Standard Board Exam Question Paper Solution

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

Academic Year: 2023-2024
Date & Time: 26th February 2024, 11:00 am
Duration: 3h
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Note:

  1. All questions are compulsory.
  2. Figures to the right indicate full marks for the questions.
  3. Figures to the left indicate question numbers.
  4. Answer to every question must be started on a new page.

[20]1
[5]1.A | Select the correct options and rewrite the sentences :
[1]1.A.1

______ was regarded as the Father of Scientific Management. 

Henry Fayol

F.W. Taylor

Philip Kotler

Concept: undefined - undefined
Chapter: [0.01] Principles of Management
[1]1.A.2

Start-Up India is an initiative of the ______.

RBI

Government of India

World Bank

Concept: undefined - undefined
Chapter: [0.03] Entrepreneurship Development
[1]1.A.3

Door to door service is provided by _________ transport.

Railway

Road

Air

Concept: undefined - undefined
Chapter: [0.04] Business Services
[1]1.A.4

For economic growth and national security ______ stability is required.

Political

Social

Economic

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics. [0.06] Social Responsibilities of Business
[1]1.A.5

In India, the consumer protection act was initiated in the year ______.

1947

1989

1986

Concept: undefined - undefined
Chapter: [0.07] Consumer Protection
[5]1.B

Match the correct pair:

Group 'A' Group 'B'
(a) Principle of Unity of direction (1) Right to information
(b) Planning (2) Last function of Management
(c) Warehousing (3) Distinct Name
(d) Consumer Right (4) One head one plan
(e) Registered brands (5) Seller
    (6) Basic function of management
    (7) Time Utility
    (8) General guidelines
    (9) Trademark
    (10) Place Utility
Concept: undefined - undefined
Chapter: [0.01] Principles of Management
[5]1.C | State whether the following statements are true or false :
[1]1.C.1

Cooperation is not necessary for the smooth flow of organizational activities.

True

False

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[1]1.C.2

Current Account is opened by salaried persons.

True

False

Concept: undefined - undefined
Chapter: [0.04] Business Services
[1]1.C.3

With the help of outsourcing company we can focus on the core areas.

True

False

Concept: undefined - undefined
Chapter: [0.05] Emerging Modes of Business
[1]1.C.4

The seller has to recognize the rights of the Consumer.

True

False

Concept: undefined - undefined
Chapter: [0.07] Consumer Protection
[1]1.C.5

The term market is derived from the Latin word 'Mercatus'.

True

False

Concept: undefined - undefined
Chapter: [0.08] Marketing
[5]1.D
[1]1.D.1

Find the odd one.

Selecting

Training

Co-ordinating

Placing

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[1]1.D.2

Find the odd one.

NABARD

RBI

SIDBI

EXIM

Concept: undefined - undefined
Chapter: [0.04] Business Services
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[1]1.D.3

Find the odd one.

Debit card

Credit card

Aadhar card

ATM card

Concept: undefined - undefined
Chapter: [0.05] Emerging Modes of Business
[1]1.D.4

Find the odd one.

Job security

Health and safety measures

Good working condition

Reasonable profit

Concept: undefined - undefined
Chapter: [0.06] Social Responsibilities of Business
[1]1.D.5

Find the odd one.

Price

People

Promotion

Product

Concept: undefined - undefined
Chapter: [0.08] Marketing
[8]2 | Explain the following terms/concepts (Any FOUR) :
[2]2.A

Explain the following term/concept:

Principle of Discipline

Concept: undefined - undefined
Chapter: [0.01] Principles of Management
[2]2.B

Explain the following term/concept.

Communication

Concept: undefined - undefined
Chapter: [0.04] Business Services
[2]2.C

Explain the following term/concept.

Business ethics

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics. [0.06] Social Responsibilities of Business
[2]2.D

Explain the following term/concept.

Corporate Social Responsibility

Concept: undefined - undefined
Chapter: [0.06] Social Responsibilities of Business
[2]2.E

Explain the following term/concept:

Right to choose

Concept: undefined - undefined
Chapter: [0.07] Consumer Protection
[2]2.F

Explain the following term/concept.

Market

Concept: undefined - undefined
Chapter: [0.08] Marketing
[6]3 | Study the following case/situation and express your opinion (Any TWO) :
[3]3.A

Study the following case/situation and express your opinion.

In XYZ Company, Mr. Lele gives instructions to the employees working under him, provides guidance, and motivates them for their best performance. On the other hand, Mr.Sayyad takes effort to harmonize the work done by the employees of different departments while achieving organizational goals. Mr.Desai is looking after the arrangement of the required resources for the business organization. Mention the name of an employee engaged in the following functions:

  1. Organization
  2. Direction
  3. Coordination
Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[3]3.B

Study the following case/situation and express your opinion.

Mr. Ashok visited a shop to buy a pair of shoes for Rs. 700. The salesman forced him to buy a pair of bigger size shoes of the ordinary company by claiming this size would be suitable to him. After reaching home, he discovered that shoes are still too big for him. He complained about the shoes to the shopkeeper. It was denied by the shopkeeper to replace the shoes despite the availability of stock.

In the above case,

  1. Which right has been violated?
  2. Is Ashok a buyer or end user?
  3. Where can Mr. Ashok file his complaint?
Concept: undefined - undefined
Chapter: [0.07] Consumer Protection
[3]3.C

Study the following case/situation and express your opinion:

Mr. A deals in import and export business so he needs different foreign currencies. For the expansion of his business, he borrows money from a commercial bank. He invests his funds in the equity shares.

  1. From where does Mr. A borrow money?
  2. Name the market where does Mr. A invest his funds.
  3. Which type of currency is required for the international market?
Concept: undefined - undefined
Chapter: [0.08] Marketing
[12]4 | Distinguish Between the following (Any THREE) :
[4]4.A

Distinguish between the following:

Directing and Co-ordinating.

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[4]4.B

Distinguish between.

Road Transport and Rail Transport

Concept: undefined - undefined
Chapter: [0.04] Business Services
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[4]4.C

Distinguish between.

Duty Paid Warehouse and Bonded Warehouse

Concept: undefined - undefined
Chapter: [0.04] Business Services
[4]4.D

Distinguish between the following:

District Commission and State Commission

Concept: undefined - undefined
Chapter: [0.07] Consumer Protection
[8]5 | Answer in brief (Any TWO) :
[4]5.A

State any 'five principles of Henry Fayol.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management
[4]5.B

Explain the characteristics of entrepreneur.

Concept: undefined - undefined
Chapter: [0.03] Entrepreneurship Development
[4]5.C

Explain advantages of Business Process Outsourcing (BPO).

Concept: undefined - undefined
Chapter: [0.05] Emerging Modes of Business
[8]6 | Justify the following statements (Any TWO) :
[4]6.A

Justify the following statement.

Management principles are helpful in optimum utilization of resources.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[4]6.B

Justify the following statement.

It is easy to set up e-business as compared to traditional business.

Concept: undefined - undefined
Chapter: [0.03] Emerging Modes of Business [0.05] Emerging Modes of Business
[4]6.C

Justify the following statement.

The business should allow workers to participate in management.

Concept: undefined - undefined
Chapter: [0.06] Social Responsibilities of Business
[4]6.D

Justify the following statement.

There is a need for branding to get recognition among consumers.

Concept: undefined - undefined
Chapter: [0.08] Marketing
[10]7 | Answer the following (Any TWO) :
[5]7.A

State the Importance of Planning ?

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[5]7.B

Explain the following term/concept:

E-banking Services

Concept: undefined - undefined
Chapter: [0.04] Business Services
[5]7.C

State any four rights of the consumer.

Concept: undefined - undefined
Chapter: [0.07] Consumer Protection
[8]8
[8]8.A

What is insurance?

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

Explain the types of Life Insurance Policies?

Concept: undefined - undefined
Chapter: [0.04] Business Services
OR
[8]8.B

What is Marketing Mix?

Concept: undefined - undefined
Chapter: [0.08] Marketing

Explain in detail the 7Ps of Marketing.

Concept: undefined - undefined
Chapter: [0.08] Marketing

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