COMMERCE
ORGANISATION
Part-A Marks:100
1*16=16
I. Indicate the correct answers
1. Which of the following is not the characteristic of sole
proprietorship
a. Single ownership
b. One man control
c. Whole profit to proprietorship
d. Non-flexibility
2. What is the advantage of sole proprietorship
a. Small capital
b. Hasty decision
c. Limited capital
d. Limited managerial ability
3. The agreement of partnership
a. Must be oral
b. Must be in writing
c. Must be writing in the stamp paper
d. Can be either oral or in writing
4. Partnership may come into existence
a. By the operation of law
b. By an express agreement
c. By an express or implied agreement
d. By inheritance of property
5. Management of a Jointstock company is entrusted to.
a. The Registrar of companies
b. The Board of Directors
c. The shareholder
d. The debenture holders
6. Registration is compulsory in the case of
a. A Sole trader
b. A partnership
c. A joint stock company
d. A joint hindu family business
7. In a co-operative society
a. One share one vote principle is followed
b. One man one vote principle is followed
c. A member must have 2 votes
d. Shares are transferable.
8. Co-operative society can be started
a. Only in villages
b. In towns and villages
c. Only in cities
d. Only in State headquarters
II Fill in the blanks
1. Division of work is called ____________
2. Delegation means the ___________ of part of the work
3. The liability of sole trader is __________________
4. Partners share profits and losses _______________
5. In India registration of partnership is _____________
6. In co-operative society all members are ________
7. A company is regarded as a __________________
8. Broadcasting comes under____________ form of organization
Part-B 4*5=20
1. Define organisation
2. What is scalar principle?
3.Who is a KARTA?
4.What do you understand by co-operation?
5.Give five examples of Multinational companies
6.State the meaning of Board organisation
Part-C 8*3=24
1. Write short notes on Joint hindu family business
2. Explain any two types of individualistic institutions
3. Does partnership remove all the defects of sole proprietorship?
4. On what reasons study of organisation is important?
Part-D 20*2=40
1. Explain briefly the principles of organisation.
2. Describe the various types of business organisation.
3. What do you understand by m ultinational companies and explain its
features.
For Q.Papers and tuition contact:8870488560
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