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Organisation of Commerce and Management Official 2024-2025 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: 2024-2025
Date & Time: 15th February 2025, 11:00 am
Duration: 3h
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  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.i

______ 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.ii

______ creates time utility.

Warehouse 

Transport 

Government

Communication

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

Businessmen are ______ of the society.

Representatives

Members

Trustees

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

The term market is derived from the ______ word ‘Mercatus’.

French

Latin

Italian

Greek

Concept: undefined - undefined
Chapter: [0.08] Marketing
[1]1.A.v

Principle of indemnity is not applicable to ______.

Life insurance

Fire insurance

Marine insurance

Concept: undefined - undefined
Chapter: [0.02] Business Services
[5]1.B
[1]1.B.i

Give one Word/Phrase/Term for the following statement.

The right person at the job with the right pay. 

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[1]1.B.ii

Give one Word/Phrase/Term for the following statement.

The first step in online transaction.

Concept: undefined - undefined
Chapter:
[1]1.B.iii

Give one word or phrase or a term which can substitute the following.

An activity motivated by profit.

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

Give one word/phrase/term for the following sentence.

One who consumes or uses any commodity or service.

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

Write a word/term/phrase for the following sentence.

Giving of distinct name to one's product.

Concept: undefined - undefined
Chapter: [0.08] Marketing
[5]1.C | State whether the following statements are true or false:
[1]1.C.i

Every function of management is not based on planning.

True

False

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

E-business allows you to work across the globe in any field.

True

False

Concept: undefined - undefined
Chapter: [0.03] Emerging Modes of Business [0.05] Emerging Modes of Business
[1]1.C.iii

Business ethics is a code of conduct.

True

False

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

Consumer Protection Act provides protection to the producer.

True

False

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

Air transport is the cheapest mode of transport.

True

False

Concept: undefined - undefined
Chapter: [0.04] Business Services
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[5]1.D
[1]1.D.i

Find the odd one.

District Commission

State Commission

NGO

National Commission

Concept: undefined - undefined
Chapter: [0.07] Consumer Protection
[1]1.D.ii

Find the odd one.

NABARD

RBI

SIDBI

EXIM

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

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.iv

Find the odd one.

Planning

Organizing

Staffing

Writing

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

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 technique of scientific management:

Motion study

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[2]2.B

Explain the following term/concept.

Controlling

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

Explain the following term/concept:

Banded Warehouses

Concept: undefined - undefined
Chapter:
[2]2.D

Explain the following term/concept:

Consumer Protection

Concept: undefined - undefined
Chapter:
[2]2.E

Explain the following term/concept in detail.

E-mail

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

Explain the following term/concept:

Co-ordinating

Concept: undefined - undefined
Chapter:
[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:

Mr. Sharad is a businessman. He has his own factories in Pune and Nashik. He lives in Pune with his wife and 2 daughters aged 5 and 8 years old:

  1. Can Mr. Sharad take a life insurance policy for his wife and 2 children?
  2. Can Mr. Sharad take a marine insurance policy for his factories?
  3. Which types of insurance should Mr. Sharad take for protecting his factories from loss due to fire?
Concept: undefined - undefined
Chapter:
[3]3.B

Study the following case/situation and express your opinion:

Mr. Suresh made his payment by chaque. At the same time, Mr. Saksham made his payment by fund transfer:

  1. Whose payment is faster?
  2. Whose payment is related to traditional business?
  3. Whose payment is related to e-business?
Concept: undefined - undefined
Chapter:
[3]3.C

Study the following case/situation and express your opinion:

An organisation manufacturing paints has been enjoying a prominent market position since many years. It has been dumping its untreated poisonous waste on the river bank, which has created many health problems for the nearby villages:

  1. Which responsibility is neglected by manufacturing organisations?
  2. What kind of pollution are they are doing?
  3. State any one precautionary measure they need to take.
Concept: undefined - undefined
Chapter:
[12]4 | Distinguish between the following (Any THREE):
[4]4.A

Distinguish between the following:

Road transport and Water transport

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

Distinguish between the following:

Life insurance and Fire insurance

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

Distinguish between the following:

Organising and Staffing

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[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 responsibilities of a consumer.

Concept: undefined - undefined
Chapter:
[4]5.C

Explain any four facilitating functions of marketing.

Concept: undefined - undefined
Chapter: [0.08] Marketing
[8]6 | Justify the following statements (Any TWO):
[4]6.A

Justify the following statement.

Organizing facilitates administration as well as the operation of the organization.

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[4]6.B

Justify the following statement:

Consumer organisations and non-government organisations play an important role in consumer education.

Concept: undefined - undefined
Chapter:
[4]6.C

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.D

Justify the following statement.

Expectations of society towards business are changing.

Concept: undefined - undefined
Chapter: [0.06] Social Responsibilities of Business
[10]7 | Attempt the following (Any TWO):
[5]7.A

Explain in detail the functions of an entrepreneur.

Concept: undefined - undefined
Chapter:
[5]7.B

Explain the importance of marketing to the consumers.

Concept: undefined - undefined
Chapter: [0.08] Marketing
[5]7.C

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
[8]8 | Answer the following question in detail (Any ONE):
[8]8.A

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
[8]8.B

What is Bank?

Concept: undefined - undefined
Chapter:

Explain the primary functions of commercial banks.

Concept: undefined - undefined
Chapter:

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