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Organisation of Commerce and Management 2013-2014 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: 2013-2014
Date: October 2013
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[15]1 | Attempt The Following Quesyions
[5]1.A | Select the proper option from the options given below and rewrite the sentences:
[1]1.A.1

The maximum number of member is a private company are ___________

a. 50

b. 40

c. 20

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

The Principle of indemnity is not applicable to ____________

a. life insurance

b. marine insurance

c. fire insurance.

Concept: undefined - undefined
Chapter: [0.02] Business Services
[1]1.A.3

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.4

To maintain industrial peace is the responsibility of business organisation towards ___________

a. customers

b. employees

c. society

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

F.W. Taylor is called the father of _____________ management.

a. modern

b. scientific

c. technical.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[5]1.B | Match the correct pairs

Match the correct pairs

Group 'A'

Group 'B'

a. Common seal 

1. Related with human factors

b. Bonded Warehouses 

2. Located at railway station

c. B to C

3. Business to Business

d. Mumbai Grahak Panchayat 

4. Joint Stock Company

e. Staffing 

5. Political organisation

 

6. Business to consumer

 

7. Located within the ports

 

8. Partnership firm

 

9. Related with financial factor

 

10. Non – Government Organisation working for consumers.

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[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

 ‘One man show’ type of business organization.

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

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.3

A consumer dispute redressal agency that handles claims up to rupees twenty lakhs (Rs. 20,00,000)

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

The principle of management which says ‘unity is strength’.

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 managers instruct, guide, and communicate with employees.

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

Distinguish between Private Company  and Public Company.

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

Distinguish between  Water Transport and Air Transport

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

Distinguish between District Forum and National Commission

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

Distinguish between the following:

Organising and Staffing

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[5]2.E

Distinguish between Proprietorship and 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 note on Disadvantage of e – business.

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

Write short note on Social Responsibility of business organisations towards Consumers

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

Explain the following technique of scientific management:

Motion study

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

Write short note on Importance of coordination.

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

Functions Of Entrepreneur ?

Concept: undefined - undefined
Chapter: [0.08] Entrepreneurship Development
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[15]4 | State with reasons whether the following statements are True or False.(Any Three)
[5]4.A

Planning has vital importance in the management process.

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

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

Business ethics is not applicable to all business organizations.

True

False

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

A Joint Stock Company can raise huge capital.

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

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

The principle of indemnity is applicable to life insurance.

True

False

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

Consumer Protection Act is a blessing for the consumers.

Concept: undefined - undefined
Chapter: [0.05] Consumer Protection
[10]5 | Attempt the following. (Any two)
[5]5.A

State the Types of co-operative society

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

State the Steps involved in On-line transactions

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

 State the ways and means of consumer protection.

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

write a short note on the Significance of Principles of Management.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[10]6 | attempt any of the following
[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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