Organs It Ion Of Commerce And Management

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OMTEX CLASSES “THE HOME

OF

TIME: - 3 HOURS MARKS: - 100

ONE

TEXT”

IST PRELIMINARY EXAMINATION

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:

5 marks

GROUP A

GROUP B

1.

Head of the District Forum

1.

Political intervention

2.

Consumer Movement

2. 1986

3.

National Commission

3.

4.

Right to safety

4. 1920

5.

The Consumer protection Act

5.

Healthy environment

6.

Supreme Court judge

7.

District Judge

8.

Electrical appliances

9.

High court Judge

News papers

10. 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. (5,7,9) 4. ____________________ is the essence of management. 5. Registration of co-operative society is _______________. Q. 2 Write short notes on (any three): 15 marks. 1. Importance of Disaster Management 2. Business Ethics. 3. Features of MNC. 4. Importance of Co-ordination. Q. 3 Distinguish Between: (any Three): 15 marks. 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. Administration V/S Management Q. 4 State whether the following statements are true or false: - (Any Three): 15 marks. 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. Management is an Art science and profession.

Q. 5 Answer the following questions in short: - (any Two): 1. Explain the Important Function of Top Level Management? 2. Importance of TQM. 3. Importance of Event Management Q. 6 Define Partnership firm Explain Its Merits and De-merits? 10 marks Or Define Statutory Corporation? Explain its Advantages and Limitation? Q. 7 Define Planning? Explain its Importance? 10 marks Or Define Management? Explain its Importance? Q. 8 Social Responsibility of commercial Organization towards Employee and Shareholders? 10 marks

10 marks.

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OMTEX CLASSES “THE HOME

OF

TIME: - 3 HOURS MARKS: - 100

TWO

TEXT” IST PRELIMINARY EXAMINATION

Q. 1 (A) Select the suitable alternatives from the following and rewrite the sentence: 5 marks 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. (one, two, three) 5. Business Environment has tremendous impact on __________________________.(Government, people, business) (B) Match the Pairs: 5 marks GROUP A

GROUP B

1.

Karta

1. National Economy

2.

Shares of joint stock company

2.

3.

Globalization

3. Brand Building

4.

Discipline

5.

Professional management

Female member of Hindu family

4. World Economy 5.

Transferable

6.

Departmentation

7.

Application of rules

8.

Not transferrable

9.

Capacity to accept business challenge

10. Senior most male member of Hindu Family (C) Fill in the Blanks: 5 marks 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): 15 marks. 1. Importance of professional management 2. Role of World Trade organization 3. Function of Middle Level management 4. Management as a Profession Q. 3 Distinguish Between: (any Three): 15 marks. 1. State Commission V/S District Forum 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. Q. 4 State whether the following statements are true or false: - (Any Three): 15 marks.

1. The Sole trader has weak bargaining power. 2. The aim of the Consumers movement is to protect the rights of the consumer. 3.

TQM is not necessary for today’s world of business.

4. Management is an Art science and profession

Q. 5 Answer the following questions in short: - (any Two): marks. 1. Importance of Planning 2. Feature of District Forum 3. Social Values Q. 6 Define MNC? Explain Its Merits and De-merits? 10 marks Or Define Co-operative Society? Explain its characteristics? Q. 7 Define Directing? Explain Its Importance? 10 marks Or Define Management? Explain its nature Q. 8 Social Responsibility of commercial Organization towards Consumer and Government? 10 marks

10

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THROUGH”

OMTEX CLASSES THREE

“THE HOME

OF

TIME: - 3 HOURS MARKS: - 100

TEXT”

IST PRELIMINARY EXAMINATION

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:

5 marks

GROUP A

1. Oil and Natural Gas Corporation 2. 3. 4. 5.

(ONGC) Government National Commission Unity of Command Bureaucracy

GROUP B

1. Order from one superior 2.

Max Weber

3. Chester Bernard 4. Human Resources 5. 6. 7. 8. 9. 10.

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 by _______________________________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): 15 marks. 1. Features of Disaster management 2. Business Environment 3. Function of Lower Level management 4. Importance of TQM Q. 3 Distinguish Between: (any Three): 15marks. 1. State Commission V/S District Forum 2. Partnership Firm V/S Joint Hindu Family 3. Public Limited company V/S Private Limited Company 4. Planning V/S Controlling Q. 4 State whether the following statements are true or false: - (Any Three): 15 marks. 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. Q. 5 Answer the following questions in short: - (any Two): marks. 1. Importance of organizing.

10

2. Feature of New industrial policy 1991. 3. Consumer Problems. Q. 6 Define Government Company? Explain its Advantages and Disadvantages? 10 marks Or Define Joint Stock company? Explain its Merits and Demerits? Q. 7 Define Controlling? Explain its Importance? 10 marks Or Define Management? Explain its Characteristics (10 points) Q. 8 Social Responsibility of commercial Organization towards Society and Consumer? 10 marks

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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:

5 marks

GROUP A 1. 2. 3. 4. 5.

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

GROUP B

1. Justice of the High court 2.

Proper Wages 3. Service purpose 4. Specialization 5. Less working speed 6. Partnership firm 7. Organized Knowledge 8. Company 9. Profit 10. 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): 15 marks. 1. Give any five Principles of management 2. Importance of Event management 3. Feature of TQM 4. Features of Professional Management Q. 3 Distinguish Between: (any Three): 15 marks. 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. Q. 4 State whether the following statements are true or false: - (Any Three): 15 marks. 1. Globalization leads to unequal competition. 2. In India consumer movement is not necessary. 3. Crisis management is an individual activity. (crisis means Disaster) Q. 5 Answer the following questions in short: - (any Two): 1. Write short notes on Deemed Public Company 2. Feature of Event Management 3. Features of Consumer Movement

10 marks.

Q. 6 Define Co-operative Society? Explain its Merits and Demerits? 10 marks Q. 7 Define Staffing? Explain its Importance? 10 marks Q. 8 Define Management? Explain it Function or process? 10 marks

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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, Holistic, productive) 5. Consumer movement is ________________________ in nature. (political, social, economic) (B) Match the Pairs: 5 marks GROUP A 1.

2. 3. 4. 5.

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

GROUP B

1. Electrical appliances 2.

Social Responsibility

3. Intellectual process 4. Human resources 5. 6. 7. 8. 9. 10.

Fair remuneration Loan facility International economic relations Eliminates middle man Operates under a ministry Team Work

(C) Fill in the Blanks: 5 marks 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. Direction initiates_______________________. Q. 2 Write short notes on (any three): 15 marks. 1. Deemed Public Company 2. Social Values 3. Importance of Organizing 4. Importance of Consumer Movement Q. 3 Distinguish Between: (any Three): 15 marks. 1. District forum V/S National Commission 2. Sole Trader V/S Partnership Firm 3. Memorandum of association V/S Articles of Association 4. Planning V/S Controlling. Q. 4 State whether the following statements are true or false: - (Any Three): 15 marks. 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. Q. 5 Answer the following questions in short: - (any Two): marks.

10

1.

Consumer Rights

2. Feature of Management (write full points) 3. Features of New industrial policy? Q. 6 Define Joint Stock Company? Explain its Merits and Demerits? 10 marks Q. 7 Define Planning? Explain its Importance? 10 marks Q. 8 Define Management? Explain its Nature? 10 marks

“ACHIEVE SUCCESS

THROUGH”

OMTEX CLASSES SIX

“THE HOME

TIME: - 3 HOURS MARKS: - 100

OF

TEXT”

Bismillah

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: GROUP A 1. 2. 3. 4. 5.

Equity Top level management Unity of Command Time and Motion Study Event management

5 marks

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

Bismillah

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) 15 marks. 1. Explain the Nature of Principles of management 2. Consumer Rights

9.15 To 9.45

Bismillah

3. Importance of Organizing 4.

Business Ethics

Q. 3 Distinguish Between: (any Three): (Complete within 25 minutes) 15 marks. 1. Private Sector Enterprises V/S Public Sector Enterprises 2. District Forum V/S State Commission 3. Top Level Management V/S Lower Level Management 4. Fayol’s Contribution to Management V/S Taylor’s contribution to Management Q. 4 State whether the following statements are true or false: - (Any Three): 15 marks. 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.

9.45 To10.15

Bismillah

10.15 To 10.40

Bismillah

Q. 5 Answer the following questions in short: - (any Two) : - (write within 10 minutes) 11.00 10 marks. 1. Role of WTO. Bismillah

10.40 To

Bismillah

2. 3.

Explain the need for Globalization Explain the importance of Professional management

Q. 6 Define Partnership firm? Explain Characteristics of Partnership firm? 10 marks Or Define Departmental Undertaking? Explain its Merits and Demerits? Q. 7 Define Controlling? Explain Its Importance? 10 marks Or Define Joint Hindu Family? Explain Its Features?

11.00 To 11.18

11.18 To 11.36

Bismillah

Bismillah

Q. 8 Explain the responsibility of Business Organization towards Shareholders and Employee? 10 marks ALL THE VERY BEST (6Minutes for Checking)

11.36 To 11.54

Bismillah

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OMTEX CLASSES

Bismillah

SEVEN

TIME: - 3

“THE HOME HOURS

OF

TEXT”

Bismillah

MARKS: - 100 Board’s Model Paper

Bismillah

THIRD PRELIMINARY EXAMINATION Q. 1 (A) Select the suitable alternatives from the following and rewrite the sentence: 5 marks (just 5 minutes) 11.00 To 11.05 1. Business men are the ______________of the society. (representative, Servant, trustee) 2. Sole trading operates in __________ market. (National, local, regional) 3. According to Henri Fayol, there are ____________ functions of Management. (Five, Seven, Nine) 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) Bismillah

(B) Match the Pairs: GROUP A 1. 2. 3. 4. 5.

5 marks

(Complete within 5 minutes) 11.05 to 11.10 GROUP B

Bismillah

Bismillah

Bismillah

Indian Companies Act Indian Partnership Act Essential Commodities Act Consumer Protection Act World Trade Organization

(C) Fill in the Blanks:

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

1986 1932 1995 1960 1990 1966 1978 1954 1956 1975 (Complete within 5 minutes)

11.10 To 11.15

Bismillah

1. Globalization and Liberalization helped to attract __________________in India. 2. ________________ is the highest authority under the Consumer Protection Act to settle the disputes of the Bismillah

consumer.

Bismillah

3. Event management is a _________________ activity. 4. The author of Wealth of nation was________________________. 5. The Essential commodities Act came into force in ________________. Bismillah

Bismillah

Q. 2 Write short notes on (any three) 15 marks.

Bismillah

(Complete within 30 minutes)

Bismillah

1. Features of Multinational Corporation 2. Business Environment 3. Importance of Event Management Bismillah

Bismillah

Bismillah

11.15 To 11.45

Bismillah

4. Business Ethics.

Bismillah

Q. 3 Distinguish Between: (any Three): (Complete within 25 minutes) 15 marks. 1. Public Company V/S Private Company 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

11.45 To12.15

Bismillah

Bismillah

Bismillah

Bismillah

Bismillah

Bismillah

Q. 4 State whether the following statements are true or false: - (Any Three): 15 marks. 1. The membership of a joint Hindu Family enjoys equal management rights. 2. Consumers have no rights in India. (Write the Rights of the Consumer) 3. Management Principles are can not be changed. 4. India does not get any benefit form the W.T.O. Bismillah

12.15 To 12.40

Bismillah

Bismillah

Bismillah

Bismillah

Bismillah

Q. 5 Answer the following questions in short: - (any Two) : - (write within 10 minutes) 10 marks. 1. Explain the importance of Professional management Bismillah

12.40 To 1.00

Bismillah

Bismillah

2. Management is an art 3. Importance of Consumer Movement in India Bismillah

Bismillah

Q. 6 Define Government Company? Explain Advantages and Limitation? 10 marks Or Define Joint Stock Company? Explain its Merits and Demerits?

1.00 To 1.18

Bismillah

Bismillah

Bismillah

Bismillah

Q. 7 Define Management? Explain Its Importance? 10 marks Or Define Directing? Explain Its Importance?

1.18 To 1.36

Bismillah

Bismillah

Bismillah

Bismillah

Q. 8 Explain the responsibility of Business Organization towards Shareholders and Society? 10 marks ALL THE VERY BEST (6Minutes for Checking) Bismillah

Bismillah

1.36 To 1.54

Bismillah

“ACHIEVE SUCCESS

THROUGH”

OMTEX CLASSES

Bismillah

EIGHT

TIME: - 3

“THE HOME HOURS

OF

TEXT”

Bismillah

MARKS: - 100 Board’s Model Paper Q. 1 (A) Select the suitable alternatives from the following: 5 marks (Complete within 5 minutes) 7.30 to 7.35 1. Minimum __________________ members are required to register Co-operative Society. ( Seven, Ten, Two) 2. Giving _________ on the investment of the shareholder is the responsibility of the business. (interest, dividend, share) 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. International consumer organization was established in the year________________ (1986, 1978, and 1960). Bismillah

(B) Match the Pairs: 5 marks 7.35 to 7.40 GROUP A 1. Liberalization 1. 2. Private Company 2. 3. District Forum 3. 4. Enhancement of Social Welfare 4. 5. Principles of salary benefit 5. 6. 7. 8. 9. 10. Bismillah

(Complete within 5 minutes) GROUP B Maximum 20 Members District Collector Employee related responsibility Satisfaction of the owner and the employee Social responsibility Satisfaction of the owner Remove the control imposed on the business economy District Judge Maximum 50Members Imposed restrictions on the business economy

(C) Fill in the Blanks: (Complete within 5 minutes) to 7.45 5 marks 1. ___________ Company can start its business immediately after getting registration certificate. 2. Complaints of more than _______________rupees can be lodged with the National Commission. 3. TQM is the responsibility of _____________Level management. 4. ______________ refers to human conduct in business. 5. _____________started using scientific management in the industries. Bismillah

Q. 2 Write short notes on (any three) 7.45 to 08.15 15 marks. 1. Consumer Rights 2. 5 Henri Fayol’s Principles of management 3. Consumer Rights 4. Function Top Level Management

7.40

Bismillah

Bismillah

Bismillah

Bismillah

Bismillah

Q. 3 Distinguish Between: (any Three): 8.15 to 08.45 15 marks. 1. Private Sector V/S Public Sector 2. State Commission V/S National Commission 3. Departmental Undertaking V/S Government Company 4. Authority V/S Responsibility Bismillah

Bismillah

Bismillah

Bismillah

Q. 4 State whether the following statements are true or false: - (Any Three): 09.10 15 marks. 1. The Liability of a member in a Joint Stock Company is limited. 2. Liberalization has no draw backs. 3. Consumer movement is gaining momentum in India. 4. Management is a True Profession.

08.45 to

Bismillah

Bismillah

Bismillah

Bismillah

Q. 5 Answer the following questions in short: - (any Two): to 09.30 10 marks. 1. Principles of management 2. Management is a Science Explain? Bismillah

Bismillah

09.10

3. Explain the Features of Professional management

Bismillah

Q. 6 Define Partnership firm? Explain Features of Partnership firm? 10 marks Or Define Multinational Companies explain its Merits and Demerits?

09.30 to 09.50

Bismillah

Q. 7 Define management? Explain the Its Characteristics? 10 marks Or Define Controlling? Explain its Importance

Bismillah

Bismillah

09.50 to 10.10

Bismillah

Q. 8 explain the responsibility of Business Organization towards Employee and Share Holders? 10.10 to 10.30 10 marks Bismillah

ALL THE VERY BEST

“ACHIEVE SUCCESS

THROUGH”

OMTEX CLASSES NINE

“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:

5 marks

GROUP A 1. 2. 3. 4. 5.

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

GROUP B

1. Justice of the High court 2.

Proper Wages

3. Service purpose 4. Specialization 5. 6. 7. 8. 9. 10.

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): 15 marks. 1. Management is a Profession 2. WTO 3. Social Values 4. Importance of Consumer Movement Q. 3 Distinguish Between: (any Three): 15 marks. 1. Administration V/S Management 2. Top level management V/S Middle level management 3. Private sector enterprises V/S Public sector Enterprises 4. Unity of command V/s Unity of Direction. Q. 4 State whether the following statements are true or false: - (Any Three): 15 marks. 1. Management is an art science and profession 2. Professional managers need not require any special quality 3. There is no limit for membership in a co-operative society. 4. The sole trader has weak bargaining power Q. 5 Answer the following questions in short: - (any Two): 1. Management is an art 2. Need for privatization 3. Consumer problem

10 marks.

Q. 6 Define Joint Hindu family? Explain its Merits and Demerits? 10 marks

Q. 7 Define Management? Explain Different Level of Management? 10 marks

Q. 8 Social Responsibility of Commercial organization towards Share holder and Society? 10 marks