Organs It Ion Of Commerce And Management

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“ACHIEVE SUCCESS THROUGH”

OMTEX CLASSES

ONE

“THE HOME OF TEXT” TIME: - 3 HOURS

MARKS: - 100

Q. 1 (A) Select the suitable alternatives from the following and rewrite the sentence: 5 marks 1. A government company is one in which the share capital contributed by the Government is not less than ________________ (51%, 49%, 75%) 2. The persons who simply lends his name to the partnership firm is called ___________ (Active partner, Nominal Partner, Sleeping Partner) 3. The Co-operative Societies Act was passed in India in _________ (1912, 1986, 1956) 4. Multinationals operate __________ ( in the country of origin, in developed countries, all over the world) 5. Theoretically ___________is a king in a market. (Producer, Consumer, Seller) (B) Match the Pairs:

1. 2. 3. 4. 5.

5 marks

GROUP A Head of the District Forum Consumer Movement National Commission Right to safety The Consumer protection Act

GROUP B 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

Political intervention 1986 News papers 1920 Healthy environment Supreme Court judge District Judge Electrical appliances High court Judge Insurance Policy

(C) Fill in the Blanks: 5 marks 1. The District forum shall be established by the ______________. 2. Division of work leads to _____________. 3. According to Koontz and O’Donnell, there are ________functions of management. 4. ______________ is the essence of management. 5. Registration of co-operative society is _______________. Q. 2 Write short notes on (any three): 1. Importance of Consumer Movement 2. Features of Event Management 3. Need for Liberalizations 4. Importance of Staffing

15 marks.

Q. 3 Distinguish Between: (any Three): 1. Private Sector enterprises V/S Public Sector Enterprises 2. State Commission V/S National Commission 3. Top Level Management V/S Middle Level Management 4. Taylor’s Contribution to management V/S Fayol’s Contribution to Management

15 marks.

Q. 4 State whether the following statements are true or false: - (Any Three): 1. The Sole aim of business organizations is to earn maximum profit. 2. Consumers have no rights in India. 3. The membership of a co-operative society is voluntary. 4. India does not get any benefit from WTO.

15 marks.

Q. 5 Answer the following questions in short: - (any Two): 1. Explain the Important Function of Top Level Management? 2. Need for Globalization. 3. Importance of Event Management

10 marks.

Q. 6 Define Partnership firm Explain Its Merits and De-merits?

10 marks

Q. 7 Define Co-ordination? Explain its Importance?

10 marks

Q. 8 Social Responsibility of commercial Organization towards Employee and Shareholders?

10 marks

“ACHIEVE SUCCESS THROUGH”

OMTEX CLASSES

TWO

“THE HOME OF TEXT” TIME: - 3 HOURS

MARKS: - 100

Q. 1 (A) Select the suitable alternatives from the following and rewrite the sentence: 1. In a co-operative organization the liability of member is ___________________(limited, unlimited, fixed) 2. In __________________________, the highest award for ‘Quality’ is Deming Prize. (UK, USA, Japan) 3. Controlling is related to _______________________(results, efforts, functions) 4. There are ______________parties to Consumer protection. 5. Business Environment has tremendous impact on __________________________.(Government, people, business) (B) Match the Pairs:

1. 2. 3. 4. 5.

GROUP A Karta Shares of joint stock company Globalization Discipline Professional management

5 marks

5 marks

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

GROUP B National Economy Female member of Hindu family Brand Building World Economy Transferable Departmentation Application of rules Not transferrable Capacity to accept business challenge Senior most male member of Hindu Family

(C) Fill in the Blanks: 1. Disaster is considered as_________________________________. 2. Businessmen are the trustees of ___________________________________. 3. ________________________links planning and controlling activities. 4. The tenure of Central Consumer Protection council is ____________. Years. 5. Event management is a _____________________________activity. (professional, marketing, political) Q. 2 Write short notes on (any three): 1. Importance of professional management 2. World Trade organization 3. Function of Middle Level management 4. Management as a Profession

5 marks

15 marks.

Q. 3 Distinguish Between: (any Three): 1. District Forum V/S State Commission 2. Co-operative Society V/S Joint Stock Company 3. Middle Level management V/S Lower Level Management 4. Departmental Under Taking V/S Statutory Corporation.

15 marks.

Q. 4 State whether the following statements are true or false: - (Any Three): 1. The Sole trader has weak bargaining power. 2. The aim of the Consumers movement is to protect the rights of the consumer. 3. Multinational companies depend on the TQM.

15 marks.

Q. 5 Answer the following questions in short: - (any Two): 1. Importance of Planning 2. Feature of District Forum 3. Levels of management

10 marks.

Q. 6 Define MNC? Explain Its Merits and De-merits?

10 marks

Q. 7 Define Controlling? Explain Its Importance?

10 marks

Q. 8 Social Responsibility of commercial Organization towards Consumer and Society?

10 marks

“ACHIEVE SUCCESS THROUGH”

OMTEX CLASSES

THREE

“THE HOME OF TEXT” TIME: - 3 HOURS

MARKS: - 100

Q. 1 (A) Select the suitable alternatives from the following and rewrite the sentence: 5 marks 1. The main objective of business is to create a _______________________ (commodity, customer, profit) 2. Management is a _______________________________ (system of authority, chain of command, communication) 3. An ideal form of business organization must be ________________________________ (rigid, flexible, complex) 4. The Management is a ________________________oriented (goal, profit, service) 5. Gang-plank is an exception to the principle of ___________________ (unity of command, unity of direction, Centralization and Decentralization) (B) Match the Pairs: 1. 2. 3. 4. 5.

5 marks

GROUP A Oil and Natural Gas Corporation (ONGC) Government National Commission Unity of Command Bureaucracy

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

GROUP B Order from one superior Max Weber Chester Bernard Human Resources Regular payment of Taxes Integration of Activities Central Government Team Work State Government Government Institution run by the Board

(C) Fill in the Blanks: 5 marks 1. ‘Each for all and all for each’ is the principle of a _____________________________________. 2. Total quality Management is the goal of a __________________________________company. 3. National Commission is set up ______________________________Government. 4. Proper directions can develop ______________________________in the organization. 5. Event management as a profession generates _________________________________ opportunities. Q. 2 Write short notes on (any three): 1. Features of professional management 2. Business Ethics 3. Function of Lower Level management 4. Nature of Co-ordination

15 marks.

Q. 3 Distinguish Between: (any Three): 1. District Forum V/S National Commission 2. Partnership Firm V/S Joint Hindu Family 3. Public Limited company V/S Private Limited Company 4. Planning V/S Controlling

15 marks.

Q. 4 State whether the following statements are true or false: - (Any Three): 1. There is no limit for the membership in a Joint Hindu Family business. 2. The Event manager need not have any special qualities. (write about importance of Event management) 3. Staffing is a continues process.

15 marks.

Q. 5 Answer the following questions in short: - (any Two): 1. Important of organizing. 2. Feature of Departmental Under takings 3. Importance of Social Values

10 marks.

Q. 6 Define Statutory corporation? Explain its Advantages and Disadvantages?

10 marks

Q. 7 Define Directing? Explain its Importance?

10 marks

Q. 8 Social Responsibility of commercial Organization towards Society and Government?

10 marks

“ACHIEVE SUCCESS THROUGH”

OMTEX CLASSES

FOUR

“THE HOME OF TEXT” TIME: - 3 HOURS

MARKS: - 100

Q. 1 (A) Select the suitable alternatives from the following and rewrite the sentence: 5 marks 1. Workers or employees constitute ________________ level of management. (middle, lower, top) 2. Giving _______________on the investment of the share holder is the responsibility of the business organization. (interest, dividend, share) 3. ‘Inter national consumer’s organization was established in the year___________________. (1986, 1978, 1960) 4. Management of specific function is called as _______________ management. (crisis, professional, event) 5. It is the responsibility of the company to give _______________to the debenture holder. (dividend, share, interest) (B) Match the Pairs: 1. 2. 3. 4. 5.

5 marks

GROUP A Voluntary registration National commission worker Management as a Science Division of labour

1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

GROUP B Justice of the High court Proper Wages Service purpose Specialization Less working speed Partnership firm Organized Knowledge Company Profit Justice of the Supreme Court

(C) Fill in the Blanks: 5 marks 1. One member one vote is the principle of ________________organization. 2. In __________________ function, managers induce the subordinate to work. 3. In __________________ professional skill and knowledge is used to manage the business. 4. In India ________________day is observed as ‘Consumer Day’. 5. Principles of management are based on ___________________ principles. Q. 2 Write short notes on (any three): 1. Give any Eight Principles of management 2. Importance of Event management 3. Feature of TQM 4. Importance of Disaster managment

15 marks.

Q. 3 Distinguish Between: (any Three): 1. State Commission V/S National Commission 2. Top level management V/S Middle level management 3. Human Relation approach to management V/S Functional approach to Management 4. Unity of command V/s Unity of Direction.

15 marks.

Q. 4 State whether the following statements are true or false: - (Any Three): 1. Globalization leads to unequal competition. 2. In India consumer movement is not necessary. 3. Crisis management is an individual activity. (crisis means Disaster)

15 marks.

Q. 5 Answer the following questions in short: - (any Two): 1. Write short notes on Deemed Public Company 2. Feature of Event Management 3. Importance of social Values

10 marks.

Q. 6 Define Co-operative Society? Explain its Merits and Demerits?

10 marks

Q. 7 Define Staffing? Explain its Importance?

Q. 8 Define Management? Explain it Function or process?

10 marks

10 marks

“ACHIEVE SUCCESS THROUGH”

OMTEX CLASSES

FIVE

“THE HOME OF TEXT” TIME: - 3 HOURS

MARKS: - 100

Q. 1 (A) Select the suitable alternatives from the following and rewrite the sentence: 5 marks 1. Lower level management is also called as_____________ management. (middle level, supervisory, top level) 2. As per the consumer protection Act, ________________ mechanism is available for removal of the complaints. (two level, five level, three level) 3. Controlling is ________________aspect of management. . (mental, theoretical, practical) 4. Total Quality management is a __________________approach. (scientific, Wholistic, productive) 5. Consumer movement is ________________________ in nature. (political, social, economic) (B) Match the Pairs: 1. 2. 3. 4. 5.

GROUP A Credit co-operative society Departmental undertakings WTO Right to safety Planning

5 marks 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

GROUP B Electrical appliances Social Responsibility Intellectual process Human resources Fair remuneration Loan facility International economic relations Eliminates middle man Operates under a ministry Team Work

(C) Fill in the Blanks: 1. Controlling included in every_____________________function. 2. Esprit de Corps means _____________________. 3. _______________environment is the result of factors beyond the control of a businessman. 4. Business Ethics is a branch of ________________________. 5. The tenure of the central consumer protection council is _______________________years.

5 marks

Q. 2 Write short notes on (any three): 1. Management is an science explain 2. Consumer Rights 3. Social Values 4. Importance of Organizing

15 marks.

Q. 3 Distinguish Between: (any Three): 1. District forum V/S National Commission 2. Sole Trader V/S Partnership Firm 3. Memorandum of association V/S articles of Association 4. Fayol’s Contribution to Management V/S Taylor’s contribution to Management

15 marks.

Q. 4 State whether the following statements are true or false: - (Any Three): 1. Business ethics is a tool for Social transformation. 2. Consumers have no problem in India. 3. The main objective of consumer movement is to protect the rights of the consumer. 4. Liberalizations have no draw backs

15 marks.

Q. 5 Answer the following questions in short: - (any Two): 1. Importance of Disaster management 2. Feature of Management 3. What are the rights of consumers?

10 marks.

Q. 6 Define Joint Stock Company? Explain its Merits and Demerits? Or Q. 7 Define Planning? Explain its Importance?

10 marks 10 marks

Q. 8 Explain the characteristics of an ideal form of an organisation?

10 marks

“ACHIEVE SUCCESS THROUGH”

OMTEX CLASSES

SIX

“THE HOME OF TEXT” TIME: - 3 HOURS

MARKS: - 100 II

ND

PRELIMINARY EXAMINATION

Q. 1 (A) Select the suitable alternatives from the following and rewrite the sentence: 5 marks (Complete within 5 minutes) 9.00 To 9.05 1. Business men are the ______________of the society. (representative, Servant, trustee) 2. Sole trading operates in __________ market. (National, local, regional) 3. Government Companies is owned and managed by the __________________ (Individual, Government, Minister) 4. _________________ is the link between the past, present and future. (Planning, controlling, Directing) 5. Factors like customs and traditions, festivals, faith of the community, life style, and caste system are the factors included in the _____________ environment. (Political, Social, Economical) (B) Match the Pairs: 5 marks GROUP A 1. Equity 2. Top level management 3. Unity of Command 4. Time and Motion Study 5. Event management

(Complete within 5 minutes) 9.05 To 9.10 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.

GROUP B Order from one superior F.W Taylor Use modern technology Formulation of policies Brand Building Registered Agreement Balancing different functions Social Justice Chester Bernard Implementation of policies

(C) Fill in the Blanks: 5 marks (Complete within 5 minutes) 9.10 To 9.15 1. At the_________________ level, management Personnel is few. 2. ________________ is the highest authority under the Consumer Protection Act to settle the disputes of the consumer. 3. Event management is a _________________ activity. 4. The author of Wealth of nation was______________________. 5. The Essential commodities Act came into force in ________________. Q. 2 Write short notes on (any three) - (Complete within 30 minutes) 1. Nature of Principles of management 2. Consumer Rights 3. Importance of Event Management 4. Deemed Public Company

9.15 To 9.45

15 marks.

Q. 3 Distinguish Between: (any Three): (Complete within 25 minutes) 9.45 To10.15 1. Private Sector Enterprises V/S Public Sector Enterprises 2. District Forum V/S State Commission 3. Top Level Management V/S Middle Level Management 4. Fayol’s Contribution to Management V/S Taylor’s contribution to Management

15 marks.

Q. 4 State whether the following statements are true or false: - (Any Three): 10.15 To 10.40 1. The membership of a joint Hindu Family enjoys equal management rights. 2. Liberalizations have no draw backs. 3. Consumer movement is gaining momentum in India. 4. Management is an art, science and Profession.

15 marks.

Q. 5 Answer the following questions in short: - (any Two) : - (write within 10 minutes) 10.40 To 11.00 1. Explain the need and importance of Staffing. 2. Explain the need for Globalization 3. Explain the importance of Professional management

10 marks.

Q. 6 Define Partnership firm? Explain Characteristics of Partnership firm? Or Define Multinational Companies explain its Merits and Demerits?

10 marks

Q. 7 Define Controlling? Explain Its Importance? Or Define Co-ordination? Explain Its Importance?

11.00 To 11.18

11.18 To 11.36

Q. 8 Explain the responsibility of Business Organization towards Shareholders and Employee? 11.36 To 11.54 ALL THE VERY BEST (6Minutes for Checking)

10 marks

10 marks

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