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Organisation of Commerce and Management Model Set 2 Shaalaa.com 2021-2022 HSC Commerce (English Medium) 12th Standard Board Exam Question Paper Solution

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Organisation of Commerce and Management [Model Set 2 Shaalaa.com]
Marks: 80 Maharashtra State Board
HSC Commerce (English Medium)
HSC Commerce: Marketing and Salesmanship

Academic Year: 2021-2022
Date: March 2022
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  1. All questions are compulsory.
  2. Answers are to be written in complete sentences. One-word answers or incomplete sentences will not be given credit.
  3. Figures to the right indicate full marks for the questions.
  4. Figures to the left indicate question numbers.
  5. Answer to every question must start on a new page.
  6. Use of colour pens/pencils etc. is not allowed. Blue/Black pens are allowed.

[20]1
[5]1.A | Complete the sentence :
[1]1.A.1

_____________ is the fundamental function of management.

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

_____________ is set of activities which is concerned with efficient movement of finished goods from place of production to place of consumption.

Concept: undefined - undefined
Chapter: [0.08] Marketing
[1]1.A.3

_________ banking refers to the use of banking services with the help of mobile phones.

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

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

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

An entrepreneur is a person who starts a ______.

Concept: undefined - undefined
Chapter: [0.03] Entrepreneurship Development [0.08] Entrepreneurship Development
[5]1.B | Answer in one sentence :
[1]1.B.1

What is principle management?

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[1]1.B.2

What do you mean by Branding?

Concept: undefined - undefined
Chapter: [0.08] Marketing
[1]1.B.3

What is demand deposits?

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

What is Right to Represent?

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

What is exchange bank?

Concept: undefined - undefined
Chapter: [0.04] Business Services
[5]1.C | Correct the underlined word and rewrite the sentence :
[1]1.C.1

Correct the underlined word and rewrite the following sentence.

Security in job always affects adversely on the efficiency of employees.

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

Correct the underlined word and rewrite the sentence.

In exchange concept of market emphasis is given on ‘buying and selling of goods or services’.

Concept: undefined - undefined
Chapter: [0.08] Marketing
[1]1.C.3

Correct the underlined word and rewrite the sentence.

The person who is protected against certain losses is known as insurer.

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

Correct the underlined word and rewrite the sentence.

Every year15th March is observed as ‘National Consumer Rights Day’.

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

Correct the underlined word and rewrite the sentence.

Plastic currency is a form of electronic currency that exists only in cyberspace.

Concept: undefined - undefined
Chapter: [0.03] Emerging Modes of Business [0.05] Emerging Modes of Business
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[5]1.D | Arrange in proper order :
[1]1.D.1

Arrange in proper order.

Coordinating, Staffing, Directing.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[1]1.D.2

Arrange in proper order.

Controlling, Planning, Organising

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[1]1.D.3

Arrange in proper order.

District Judge, Supreme Court Judge, High Court Judge

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

Arrange in proper order.

Placing an orders, Cash on delivery, Registration

Concept: undefined - undefined
Chapter: [0.03] Emerging Modes of Business [0.05] Emerging Modes of Business
[1]1.D.5

Arrange in proper order.

Claim, Accident, Taking the policy, Compensation

Concept: undefined - undefined
Chapter: [0.04] Business Services
[8]2 | Explain the following terms/concepts: (Any FOUR)
[2]2.A

Explain the following term/concept.

Organising

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

Explain the following term/concept.

Labeling

Concept: undefined - undefined
Chapter: [0.08] Marketing
[2]2.C

Explain the following term/concept.

Corporate Social Responsibility

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

Explain the following term/concept.

National Commission.

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

Explain the following term/concept.

Controlling

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

Explain the following term/concept.

Promotion of the product

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.

Ms. Harshali has started a new business two years ago. Her customers are located in different parts of the country and hence they are directly depositing bill amounts in her business account. At the same time, she used to pay various payments from this account only.
  1. Identify the Type of account maintained by Ms. Harshali.
  2. Suggest anyone modern way of money transfer to Ms. Harshali.
  3. What kind of facility does she get on her bank account?
Concept: undefined - undefined
Chapter: [0.04] Business Services
[3]3.B

Study the following case/situation and express your opinion

Following are details of Tined Food.

  1. Mix Cheesy Masala
  2. Batch No.3180/BTU98D dtd.17.03.2021 00:46
  3. Manufactured by: M/s. Great Tastes Food Ltd.
  4. Manufacturing Date: 17.03.2021 (Best before 8 months)
  5. Rs.130/- (200 gms.)
  1. Which right is represented in above example?
  2. If product has some deficiency and producer refuses to accept it and ignores the complaint where can aggrieved consumer seek redressal?
  3. State the name of the act?
Concept: undefined - undefined
Chapter: [0.07] Consumer Protection
[3]3.C

Study the following case/situation and express your opinion.

Mr. Sadagopan is a businessman he has two factories in Indore and Bhopal. He lives in Bhopal with his wife and two daughters aged 5 and 8 years.

  1. Can Mr. Sadagopan take life insurance policy for two children? 
  2. Is child insurance is suitable for a wife of Mr. Sadagopan?
  3. Which type of insurance should Mr. Sadagopan take for protecting his factories from loss due to fire?
Concept: undefined - undefined
Chapter: [0.04] Business Services
[12]4 | Distinguish between the following : (Any THREE)
[4]4.A

Distinguish between the following:

Co-ordinating and Controlling

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

Distinguish Between.

Fixed deposit account and Savings account

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

Distinguish between.

Traditional business and E-business

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

Distinguish Between:

Fire Insurance and Marine Insurance

Concept: undefined - undefined
Chapter: [0.04] Business Services
[8]5 | Answer in brief : (Any TWO)
[4]5.A

Explain the types of Marketing Mix.

Concept: undefined - undefined
Chapter: [0.08] Marketing
[4]5.B

Answer in brief.

Explain any five function of entrepreneur.

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

State social responsibilities of business towards society.

Concept: undefined - undefined
Chapter: [0.06] Social Responsibilities of Business
[8]6 | Justify the following statements : (Any TWO)
[4]6.A

Justify the following statement.

Principles of management are flexible in nature.

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

Justify the following statement.

Promotion plays an important role in marketing.

Concept: undefined - undefined
Chapter: [0.08] Marketing
[4]6.C

Justify the following statement.

Business organisations have responsibilities towards different interest groups

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

Justify the following statement.

Outsourcing is important.

Concept: undefined - undefined
Chapter: [0.05] Emerging Modes of Business
[10]7 | Attempt the following : (Any TWO)
[5]7.A

Explain significance of principles of management.

Concept: undefined - undefined
Chapter: [0.01] Principles of Management [0.06] Principles of Management
[5]7.B

Describe any five points of importance of staffing.

Concept: undefined - undefined
Chapter: [0.02] Functions of Management
[5]7.C

Attempt the following.

Explain various 'Concepts of Market'.

Concept: undefined - undefined
Chapter: [0.08] Marketing
[8]8 | Answer the following questions : (Any ONE)
[8]8.A

Define Bank.

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

Explain different types of banks.

Concept: undefined - undefined
Chapter: [0.02] Business Services
[8]8.B

Attempt the following.

Explain means of consumer protection.

Concept: undefined - undefined
Chapter: [0.07] Consumer Protection

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