Organisation of Commerce Important Question Bank 2018
1.Explain the features of sole trading concern.
2.State the social responsibilities of a business towards consumers.
3.Distinguish between sole trading concern and Partnership firm.
4.What is E-business?
5.Disadvantages of E-commerce.
6.State the working of payment gateway.
7.What are the different types of partners.
8.State any ‘five’ principles of management. (Henry Fayol’s Principle)
9.State the importance of controlling.
10.Distinguish between Savings account and fixed deposit account.
11.What is the role of transport?
12.State the importance of staffing.
13.Distinguish between Organising and Directing.
14.Is profit maximization a sole objective of a co-operative society? Give reasons
15.Explain the features of Joint Hindu Family business.
16.State the importance of Organizing.
17.Distinguish between District Forum and National Commission.
18.State the importance of Planning.
19.Explain the merits and demerits of co-operative society.
20.State the characteristics of Entrepreneur.
21.Define Joint Stock Company and explain its features.
22.State the rights of consumers.
23.Distinguish between partnership and joint stock company.
24.Distinguish between Co-operative and Joint Hindu family firm.
25.What are the significance of Principles of management?
26.What are the different types of warehouses?
27.Distinguish between Bonded warehouse and Duty paid warehouse.
28.State the principles of scientific management.
29.Explain the merits and demerits of Partnership firm.
30. Explain the Consumer Protection Act.
31.State the needs of social responsibilities of business.
32. Distinguish between Organising and Coordinating.
33. Distinguish between road transport and rail transport.
34. What are the advantages of outsourcing?
35. Explain the Advantages and disadvantages of E-business.
36.Explain the Advantages and disadvantages of Traditional business.
37. Management should not avoid workers’ participation while making decisions. Give reasons.
38. What is the Nature of principles of management?
39. State the function of the world trade organization
40. What is the need of privatization?
41. Explain the features of professional management
42. State the principles of scientific management
43. Function of an entrepreneur
44. Importance of directing
45. State advantage of globalization
46. District forum v/s state commission
47. Middle level management v/s lower level management
48. Define Bank explain different types of banks
49. Define ‘insurance’. Explain the various principles of insurance
50. Management is an Art explain
51. What is statutory corporation? Explain merits and demerits
