Parle TilakVidyalaya Association’s
Mulund College of Commerce, S.N.Road, Mulund (W), Mumbai 400 080
S.Y.J.C PRELIMINARY EXAMS, JANUARY, 2022
SUBJECT : Organization of Commerce & Management
Date : 14-01-2022 Marks : 80 Time : 3.00 Hrs
Q.1.A.Select the correct option and rewrite the sentence. (5 Marks)
1. In India, the consumer protection act was initiated in the year________ .
a) 1947 b) 1989 c) 1986
2. Perishable goods such as vegetables, fruits, milk product, etc. are sold in market for_____________ .
a) Very short period b)Short period c) Long Period)
3. The Functions of management end with________.
a) Staffing b) planning c) controlling
4. Member of organization should receive orders from___________ .
a) Many supervisors b) one supervisor c) All Supervisors)
5. For Economic growth and national security ________stability is required.
a) Political b) Social c)Economic
Q.1.B.Find the odd one. (5 Marks)
1) Price, people, promotion, product.
2) B2B, B2C, A2Z, C2C.
3) Job security, wealth & safety measures, good working condition, reasonable profit.
4) Timely payment of taxes, earning foreign exchange, creating goodwill, political stability.
5) Good quality products, fair prices, honest advertising, prevent congestion in cities
Q.1.C.State True or false. (5 Marks)
1) Regulated market operates according to forces of Demand & Supply.
2) Lok adalat cannot be rightly described as people’s court.
3) Henry fayol has given different techniques of management.
4) It is responsibility of commercial organization to maintain industrial peace.
5) Social responsibility is broader than legal responsibility.
Q.1.C.Give one word. (5 Marks)
1) A legal action initiated in a court of law regarding a matter of general public litigation.
2)It increases the team spirit of work place.
3)Study consists of an organized, systematic and critical assessment of various activities.
4)Duties, obligation of business directed towards welfare of society.
5)Earning foreign exchange is the resposibility of the organization towards this group.
Q.2.Following term concept (Any 4/6) ( 8Marks)
1) Janhit Yachika 2)Banking 3) Coordinating
4) Outsourcing 5)Fatigue study 6) Intrapreneur.
Q.3. Study the following case/situation and express your opinion. (Any 2/3) (6Marks)
1) Mr. Ram, an emerging entrepreneur has designed a structure of his business organization by taking into
consideration the required resources such as land, money, machinery, workforce etc., for his new
business. He appointed Mr.Shyam as a manager. Mr. Ram has assigned the responsibilities such as
recruitment, selection, training and development and to determine the remuneration of the employees' to
Mr.Shyam. Mr. Ram has also appointed Mr.Shubham to supervise the work done by the employees
according to the standards given to the employees. Mr.Shubham has to also suggest the remedies to the
employees wherever necessary.
On this context, find out the management functions performed by
i. Mr. Ram ii. Mr.Shyam iii. Mr.Shubham
2. Satvik purchases watch from Titan shop and his friend Shambhavi purchases watch from online
shopping site.
i. Which shopping is from traditional business?
ii. Which shopping is from e-business?
iii. Which business involved high risk?
3) Mr. Soham is young MBA degree holder, Mr. Navin is B.Com graduate. Mr. Soham is willing to start
dairy farm at his village. Mr. Navin is willing to work as cashier in Private Company.
i) Find out dream of Soham and Navin.
i) State anyone feature of Entrepreneur.
i) To become successful entrepreneur, which qualities Mr. Soham should have?
Q.4 Distinguish Between. (3/4) (12Marks)
1) Central Bank & Commercial Bank.
2) National Commission & District Commission.
3) E-Business & E-Commerce.
4) BPO & KPO.
Q.5.Answer in Brief (2/3) (8Marks)
1) State Four Types of Deposit.
2) State Any Four Rights of the Consumer.
3) Explain any Five Points of importance of planning.
Q.6.Justify the following statements (2/4) (8Marks)
1) There is need of Branding to get recognition among the consumer.
2) Cash can be withdrawn from ATM at any time.
3) Right Person at Right Job with Right Pay is the basic principle of staffing.
4) Business should allow workers participation in management.
Q.7.Attempt the following (2/3) (10Marks)
1) Explain Importance of Marketing to the firm.
2) Explain Types of Warehouses.
3) Elaborate Principles of scientific Management.
Q.8.Answer the following (1/2) (8Marks)
1) Explain the function of Marketing in detail.
2) What is Insurance? Explain Principles of Insurance.
******************************************************************************************
