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HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Question Bank Solutions for Organisation of Commerce and Management

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Organisation of Commerce and Management
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Organising and Directing.

[0.02] Functions of Management
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Find the odd one.

[0.02] Functions of Management
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Find the odd one.

[0.02] Functions of Management
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Answer in one sentence.

What is management?

[0.02] Functions of Management
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Correct the underlined word and rewrite the following sentence.

Factors of business environment are always fixed.

[0.02] Functions of Management
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Arrange in proper order.

Controlling, Organizing, Planning.

[0.02] Functions of Management
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Arrange in proper order.

Directing, Co-ordinating, Staffing.

[0.02] Functions of Management
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Explain the following term/concept.

Management

[0.02] Functions of Management
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Explain the following term/concept.

Organizing

[0.02] Functions of Management
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Study the following case/situation and express your opinion.

Mr. Ram, an emerging entrepreneur has designed a structure of his business organization by taking into consideration the required resources such as land, money, machinery, workforce, etc, for his new business. He appointed Mr.Shyam as a manager. Mr. Ram has assigned responsibilities such as recruitment, selection, training, and development and to determine the remuneration of the employees to Mr. Shyam. Mr. Ram has also appointed Mr. Shubham to supervise the work done by the employees according to the standards given to the employees.
Mr. Shubham has to also suggest the remedies to the employees wherever necessary.
On this context, find out the management functions performed by
  1. Mr. Ram
  2. Mr. Shyam
  3. Mr. Shubham
[0.02] Functions of Management
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Explain any five points of importance of organizing.

[0.02] Functions of Management
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Justify the following statement.

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

[0.02] Functions of Management
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The tasks of getting the things done by others is known as _____________

[0.02] Functions of Management
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A qualified, efficient, and skilled workforce is always a ___________ of the organization.

[0.02] Functions of Management
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Write a word or phrase or a term which can substitute the following:

Process of identifying and bringing the required resources together such as men, money, machine, and method.

[0.02] Functions of Management
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Study the following case/situation and express your opinion:

Meena a home science graduate has recently done a cookery course. She wished to start her own venture with a goal to provide 'healthy food' at reasonable price. She discussed her idea with her teacher (mentor) who encouraged her. After analysing various options for starting her business venture, they shortlisted the option to sell readymade and 'ready to make' vegetable shakes and milk shakes. Then they both weighed the pros and cons of both the shortlisted options.
  1. Name the function of management being discussed above and give any one of its characteristics.
  2. Also briefly discuss any two limitations the function discussed in the case.
[0.02] Functions of Management
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Staffing is concerned with.................................

[0.07] Functions of Management
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  Group'A'   Group 'B'
a Sole trader 1 Insurable interest
b Life insurance 2 Branch of Social Science
c Business ethics 3 Local market
d Henry Fayol 4 Father of scientific management
e

Planning

5 Principle of indemnity
    6 Father of modern management
    7 Primary function of management
    8 To earn profit
    9 Last function of management
    10 National market
[0.01] Forms of Business Organizations
Chapter: [0.01] Forms of Business Organizations
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Write the word or phrase or term which can substitute the following:

The term derived from the terms e-mail and e-commerce.

[0.05] Emerging Modes of Business
Chapter: [0.05] Emerging Modes of Business
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Write the word or phrase or term which can substitute the following:

The term derived from the terms e-mail and e-commerce.

[0.03] Emerging Modes of Business
Chapter: [0.03] Emerging Modes of Business
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