O.C.M Board Question Paper (October 2014)

Std.XII:OC
EMINENT LEARNING

01
BOARD QUESTION PAPER OCT 2014






Time: 3 Hours
Max. Marks: 80




    
Notes:(1) All questions are compulsory.
           (2) Figures to the right indicate full marks for the questions.
           (3) Figures to the left indicate question marks.
           (4) Answer to every question must be started on new page.
 



Q.1.(A).Select the correct answer from the possible choices given below and rewrite the statement:                                                                                                                                             (5)

1.The maximum number of member in a private company are   __________.
   (a)50 (b)40 (c)20
2.The Principle of indemnity is not applicable to   __________.
   (a)Life insurance (b)Marine insurance (c)Fire insurance
3. For online transaction ______ is required.
   (a)trading (b)registration (c)business
4. To maintain industrial peace is the responsibilty of business organisation towards
    __________.
   (a)customers (b)employee (c)society    
5. F.W. Taylor is called the father of __________ management.
   (a)modern (b)scientific          (c)technical

(B)Match the correct pairs:                                                                                                                                                                         (5)

                        Group ‘A’
Group ‘B’
a. Common seal (4)
1. Related with human factors
b. Bonded Warehouses (7)
2. Located at railway station
c. B to C (6)
3. Business to Business
d. Mumbai Grahak Panchayat (10)
4. Joint Stock Company
e. Staffing (1)
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.

(C)Write a word or a term or a phrase which can substitute each of the following statements:                                                                                                                                         (5)                       
1. ‘One man show’ type of business organization.
2. A set of Principles of right conduct.
3. A consumer dispute redressal agency that handles claims up to rupees twenty lakhs (Rs. 20,00,000)
4. The principle of management which says ‘unity is strength’.
5. A process where managers instruct, guide, and communicate with employees.

Q2. Distinguish between the following: (Any three)                                                                                                                                                          (15)                                                                          
1. Private company and Public Company
2. Water transport and Air transport.
3. District forum and National commission.
4. Organising and Staffing.
5. Joint Hindu Family Firm and Sole Trading Concern.  

Q3. Write short notes on:(Any three)                                                                                               (15)                                                                 
1. Disadvantage of e – business.
2. Social responsibility of business organisations towards consumers.
3. Techniques of scientific management.
4. Importance of coordination.
5. Functions of an entrepreneur.

Q4. State with reason, whether the following statements are True or False:(Any three)                                                                                                                                                    (15)
1. Planning has vital importance in the management process.
2. Business ethics is not applicable to all business organisations.
3. A Joint Stock Company can raise huge capital.
4. The principle of indemnity is applicable to life insurance.
5. Consumer Protection Act is a blessing for the consumers.


Q5. Attempt the following: (Any two)                                                                                                                                                                                   (10)
1. State the types of cooperative societies.
2. State the steps involved in online transactions.
3. State the ways and means of consumer protection.
4. Stat the importance of principles of management.

Q6. Define a Sole Trading Concern. Explain its merits and demerits.                                                                                                                                                                  (10)
                                                     OR
      Define Bank. Explain different types of banks.


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