March 2009 Organisation of Commerce and Management


March 2009
Organisation of Commerce and Management
Time : 3 Hours Marks : 100
Q. 1(A) Select the proper option from the options given below and rewrite the sentences:(5)
[15]
1. Public sector enterprise is owned, managed and controlled by the _________.
(a) Individual (b) Government (c) Board of Directors
2. Consumer movement is _________ in the nature.
(a) Political (b) Religious (c) Social
3. The process of management starts with _________ function.
(a) Planning (b) Controlling (c) Co-ordinating
4. Businessmen are ________ of the society.
(a) Trustees (b) Representatives (c) Servants
5. Henry Fayol has suggested _________ principles of Management.
(a) 14 (b) 12 (c) 16
(B) Match the pairs from Group 'A' with Group 'B': (5)
Group 'A'
Group 'B'
    1. Globalisation
    2. Single ownership
    3. Employees
    4. Wedding ceremony
    5. Protection of environment
      1. Co-operative Society
      2. Event Management
      3. Responsibility towards Society
      4. Free trade at international level
      5. Quality goods
      6. Fair wages
      7. Responsibility towards Shareholders
      8. Disaster Management
      9. Sole trader
(10) Restricted trade between nations
(C) Fill in the blanks and rewrite the sentences: (5)
1. Maximum number of partners in partnership firm running banking business
is _________.
2. Consumer Protection Act was passed in the year _________.
3. Principles of Management are _______ in nature.
4. __________ management function is concerned with human resources of
the organisation.
5. Generally there are _________ levels of management in the organisation.
Q. 2 Write short notes. (Any THREE): (15)
1. Problems of Consumers.
2. Importance of Disaster Management
3. Importance of Organising functions
4. Need of business environment.
Q. 3 Distinguish between the following. (Any THREE): (15)
1. Sole Trading Concern and Partnership Firm.
2. State commission and National commission.
3. Planning and Organising.
4. Middle level management and Lower level management.
Q. 4 State with reasons whether the following statements are TRUE or FALSE.
(Any THREE): (15)
  1. The maximum number of members in a Joint Hindu Family business is fifteen.
  2. Co-operative Society differs from other forms of business organizations.
  3. Unity of Command means getting orders from two or more superiors.
  4. Total Quality Management is a continuous process.
Q. 5 Write short answers of the following. (Any TWO): (10)
1. State the importance of Event management.
2. State the functions of the World Trade Organization.
3. State the functions of Top Level management.
Q. 6 What is Joint Stock Company? Explain the features of Joint Stock Company. (10)
OR
What is Statutory Corporation? Explain its merits and demerits.
Q.7 What is Management? Explain its importance. (10)
OR
What is Co-ordination? Explain its importance.
Q. 8 Explain the social responsibilities of Business Organisations towards the Government and
Shareholders. (10)