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Organisation of Commerce and Management Set 1 2017-2018 HSC Commerce (English Medium) 12th Standard Board Exam Question Paper Solution

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Organisation of Commerce and Management [Set 1]
Marks: 80 Maharashtra State Board
HSC Commerce (English Medium)
HSC Commerce: Marketing and Salesmanship

Academic Year: 2017-2018
Date: जुलै 2018
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[15]1
[5]1.A | Select the proper option from the possible options given below and rewrite the complete statements:
[1]1.A.1

Select the proper option from the options given below and rewrite the completed sentence.

The Co-operative societies act was passed in the year ____________

(a) 1932
(b) 1912

(c) 1956

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[1]1.A.2
Postal Services are administered by ___________
(a) Private companies
(b) Government of India

(c) Panchayat

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

Select the proper option from the options given below and rewrite the sentences:

Ultimate goal of business must be the sa tisfaction of ..... ... .. .......... ... .

(a) shareholders

(b) consumers

c) owners

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[1]1.A.5

Henry Fayol in called as the father of __________ management. 

(a) modern
(b) scientific

(c) technical

Concept: undefined - undefined
Chapter: [0.06] Principles of Management
[5]1.B
Group A
Group B
(a) Registration of a company
(1) 24th December
(b) E-business
(2) One man one boss
(c) World consumers’ Right Day
(3) Giving direction
(d) Principle of unity of command
(4) One man many bosses
(e) Controlling
(5) Outsourcing.
 
(6) 15th March
 
(7) Optional
 
(8) Electronic business
 
(9) Taking corrective action
 
(10) Compulsory
Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]1.C | Write only ‘one’ word or phrase or term which can substitute the following statements
[1]1.C.1

Write a word or a phrase or a term which can substitute the following.

A partner who gives his name to a partnership firm.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[1]1.C.2
The bank account suitable for salaried people.
Concept: undefined - undefined
Chapter: [0.02] Business Services
[1]1.C.3

Answer in a word / phrase / term.

A set of Principles of right conduct.

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics. [0.06] Social Responsibilities of Business
[1]1.C.4

A consumer dispute redressal agency working at a national level.

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
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[1]1.C.5

A management function directly related to human resources.

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

Sole Trading Concern and Partnership Firm

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

Road Transport V/s Rail Transport

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

Planning and Staffing. Distinguish between HSC OCM.

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 the following (Any Three)
[5]3.A

Merits and Demerits of Joint Hindu Family?

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

Write short answers of the following:

State the advantages of outsourcing.

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

State the social responsibilities of business organization towards government. 

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[5]3.D

A Consumer Disputes Redressal Forum, to be known as the District Forum.

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[5]3.E

Nature of principles of management.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
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[15]4 | State the reasons whether the following statements are true or false. (Any three)
[5]4.A

State Whether the Following Statement Are True Or False (Give Reason)

The main purpose of a cooperative organization is to earn profit.

True

False

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

State Whether the Following Statement Are True Or False (Give Reason)

Principles of utmost good faith is only applicable to life insurance contract.

Concept: undefined - undefined
Chapter: [0.02] Business Services
[5]4.C

State Whether the Following Statement Are True Or False (Give Reason)

The consumer protection act was passed in the interest of the consumers.

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[5]4.D

State Whether the Following Statement Are True Or False (Give Reason)

According to F. W. Taylor, there should be scientific selection and training of employees.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[5]4.E

State Whether the Following Statement Are True Or False (Give Reason)

Division of work is not required in organising a function.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[10]5 | Write answers of the following. (Any Two)
[5]5.A

State the nature of directing as a function.

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

State the steps involved in online transactions.

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

Need (Cases) for Social Responsibility?

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

Explain the characteristics of entrepreneur.

Concept: undefined - undefined
Chapter: [0.03] Entrepreneurship Development
[10]6 | Attempt Any One Of The Following
[10]6.A

Features of Joint Stock Company?

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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