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Organisation of Commerce and Management 2011-2012 HSC Commerce (English Medium) 12th Standard Board Exam Question Paper Solution

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Organisation of Commerce and Management
Marks: 100 Maharashtra State Board
HSC Commerce (English Medium)
HSC Commerce: Marketing and Salesmanship

Academic Year: 2011-2012
Date: March 2012
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[20]1
[5]1.A | Select the proper option from the options given below and rewrite the sentences:
[1]1.A.1

Indian Partnership Act was passed in the year...............................

1912

1923

1932

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

Business organisations should supply goods of ............. quality to their customers. 

(a) inferior

(b) superior

(c) medium

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics.
[1]1.A.3

 In the modern competitive market, consumer is regarded as ..................... 

(a) king

(b) servant

(c) slave

Concept: undefined - undefined
Chapter: [0.07] Consumer Protection
[1]1.A.4

 Management is a .......................... science.

(a) physical

(b) natural

(c) social

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[1]1.A.5

 Formulating a plan is the main function of ........................ management.

(a) lower level

(b) top level

(c) middle level

 

 
Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[5]1.B

Match the pairs :        

Group 'A'

Group 'B'

(a) Sole trader (1) Compensation upto Rs 20 lacs
(b) Globalisation (2) Minimum two members
(c) District Forum (3) Dr. Deming
(d) Private company (4) Regional market
(e) Total Quality Management (5) F. W. Taylor
    (6) Minimum seven members
    (7) Maximum secrecy
    (8) Compensation more than Rs 20 lacs
    (9) International market
    (10) Minimum secrecy

    

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]1.C | Fill in the blanks and rewrite the sentences :
[1]1.C.1

(1) Minimum ................ members are required for the formation of a co-operative society.

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

Business ethics is a branch of .................... science.

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics. [0.06] Social Responsibilities of Business
[1]1.C.3

The number of members in the State Forum are .................. .

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[1]1.C.4

There are .................. levels of management in a business organisation.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[1]1.C.5

Management principles are ______ in nature.

Constant

Universal

Limited

Concept: undefined - undefined
Chapter: [0.01] Principles of Management
[5]1.D | Write a word or a phrase or a term which can substitute each of the following statements :
[1]1.D.1

The form of organisation which comes into existence by law of inheritance.

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

An organisation designed to liberalize and supervise the international trade.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[1]1.D.3

The function of management which involves harmonization or balancing of group efforts.

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
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[1]1.D.4

 The principle of management relates to justice and kindness.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[1]1.D.5

​A company which is incorporated under Special Act of Parliament.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[15]2 | (Any THREE) :
[15]2.A
[5]2.A.1

Features of Multinational Companies.

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

 Functions of World Trade Organisation.

Concept: undefined - undefined
Chapter: [0.03] Entrepreneurship Development [0.08] Entrepreneurship Development
[5]2.A.3

 Functions of Lower Level Management.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]2.A.4

Importance of total quality management.

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

Importance of Staffing.

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[15]3 |  (Any THREE) :
[15]3.A | Distinguish between the following.
[5]3.A.1

 Sole Trading Concern and Partnership

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[5]3.A.2

District Forum and National Commission.

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

Management and Administration.

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[5]3.A.4

Distinguish Between.

Planning and Controlling

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[5]3.A.5

 Professional Management and Event Management.

Concept: undefined - undefined
Chapter: [0.07] Functions of Management
[15]4 | (Any THREE):
[15]4.A |  State with reasons whether the following statements are TRUE or FALSE.
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[5]4.A.1

Business organisations have no social responsibilities.

Concept: undefined - undefined
Chapter: [0.04] Social Responsibilities of Business and Business Ethics. [0.06] Social Responsibilities of Business
[5]4.A.2

Consumer Protection Act provides protection to the consumers.

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[5]4.A.3

Co-ordination is similar to staffing.

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

 Professional Managers are highly educated.

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

 Government companies are registered under special legislation.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[15]5 |  (Any THREE) :
[15]5.A | Write short answers.
[5]5.A.1

State the importance of privatisation.

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

Explain the following principles of management given by Fayol:

  1. Discipline
  2. Remuneration to employees
  3. Unity of command
Concept: undefined - undefined
Chapter: [0.06] Principles of Management
[5]5.A.3

State the features of disaster management.

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

Explain the need of social responsibilities of business organisation.

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

 State the need of consumer movement.

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[10]6 | answers the following .
[10]6.A

Long answer type question.

Define Sole Trading Concern and explain its merits and demerits.  

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

Long answer type question.

Define Joint Stock Company and explain its features.

Concept: undefined - undefined
Chapter: [0.01] Forms of Business Organizations
[10]7
[10]7.A

What is Management? Explain the functions of Top level and Lower level management.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[10]7.B

Explain the social responsibilities of Business Organisations towards Employees and Shareholders.

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

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