Term-End
Examination:
June’2015 Selected Questions
ELECTIVE
COURSE: COMMERCE ECO-1: BUSINESS ORGANISATION
Time: 2 hours Maximum Marks: 50 (Weightage 70%)
Note: Attempt both Part-A and Part-B.
Part – A Consists of Short notes and difference
Part – B consists of 5 to 6 which out of which you
have to attempt only 3 questions.
You are advised to select must study section.
Study short notes and difference from each block.
Further you can take risk by avoiding dec’ 2014
questions.
Block
1: (15 to 20 Marks expected from this block)
1. What is business? What are its essential features? Distinguish
between business, profession and employment.
2. What is trade? Mention various aids to trade?
3. Write short notes on Trade, Commerce, Business and Industry
(four to five lines)
4. What is a joint stock company? Explain as to how it overcomes
the limitations of partnership form of organisation.
5. What is Partnership? Mention its features.
6. What is Cooperative organisation? Mention its merits and
limitations.
7. What are the requisites of an ideal form of business
organisation?
8. Explain the factors that determine the choice of the form of
business organisation.
9. Mention various types of promoters (two lines each).
Distinguish between entrepreneur and promoter.
10. Who is an Entrepreneur? What are his essential
characteristics? Explain at least five functions of entrepreneur.
11. Write short notes on:
Ø
Sole trade vs Partnership
Ø
Public company and Private Company
Ø
Partnership Deed
Ø
Economic and non-economic activities
Block
2: Two Questions are expected from this block (Must Study)
1. What is capital structure? Discuss various factors to be kept
in mind while deciding capital structure of the company.
2. What are various sources of Long-term finance and short term
finance for a company? Explain the merits and demerits of one the sources in
each case.
3. What is stock exchange? Explain its functions.
4. Explain the procedure of exporting goods from India.
5. Explain the procedure of importing goods in India.
6. Explain the merits and demerits of foreign trade.
7. Write short notes on:
Ø
Margin trading in stock exchange
Ø
Speculation
Ø
Public Deposits
Ø
Equity vs Preference shares
Ø
Owned capital and Borrowed capital
Block 3: One to Two Questions are expected
from this block (Must Study)
1. What is advertising? What are its
various types? Mention its advantages and limitations.
2. Explain the advantages and
limitations of various advertising media.
3. What are the services provided by
Wholesaler and retailer? (Importance)
4. What are various channels for
distribution of goods? Explain them briefly.
5. Why different channels are used for
different products?
6. What are the factors affecting
selection of distribution channels?
7. Write short notes on:
Ø
Chain Store
Ø
Departmental Store
Block
4: Two Questions are expected from this block
1. What is a business risk? Explain the process of risk
management. Describe various types of business risks.
2. 'All business risks are not insurable'. In the light of this
statement, explain insurable risks and non-insurable risks.
3. What is insurance? Discuss the general principles of insurance.
4. Distinguish between Life insurance and other insurance
5. Define the term "Banker". Explain briefly the
functions of a modem commercial bank.
6. "The relation between a banker and customer is primarily
that of a debtor and creditor". Discuss.
7. Discuss various ways in which a commercial bank renders
financial assistance to business.
8. Write short notes on:
Ø
Importance of Transport
Ø
Bonded warehouse and general warehouse
Ø
Bill of lading
9. Distinguish between:
Ø
Pledge and Hypothecation
Ø
Hypothecation and Mortgage.
Ø
Loan and Overdraft
Ø
Cash Credit and Overdraft
Block
5: Two Questions Expected from this Block
1. What is Public Utility Undertaking? Mention its distinctive
features.
2. Do you advocate private ownership and management of public
utility undertakings? If so, why?
3. What is meant by Public Corporation? Mention its four features.
Discuss its merits and demerits.
4. What is meant by Government Company? Mention its four features.
Discuss its merits and demerits.
5. What is Public Enterprises? Mention its objectives and
Features.
6. What are the advantages and limitations of Public Enterprises?
7. Why does the government participate directly in business?
8. Write short notes on:
Ø
Distinguish between Government Company and
Non-Government Company
Ø
Monopolistic Position of Public Utility
Undertaking
Ø
Problems faced by public utility undertaking
Ø
Pricing policy of public utility undertaking