Exam Details

Subject business organization and management
Paper
Exam / Course commerce
Department
Organization Mizoram University
Position
Exam Date 2018
City, State mizoram,


Question Paper

COM/I/02 Student's Copy
2 0 1 8
Pre-CBCS
1st Semester
COMMERCE
Business Organization and Management
Full Marks 75
Time 3 hours
PART A—OBJECTIVE
Marks 25
The figures in the margin indicate full marks for the questions
SECTION—A
Marks 10
Tick the correct answer in the brackets provided 1×5=5
1. In order to call an activity a business, which of the following conditions
need not be satisfied?
There should be exchange or transfer of goods or services
There should be continuity of dealings
Dealings may be either in goods or services
There should be profit objective
2. Management is
arts
science
both arts and science
philosophy
/183 1 Contd.
3. The first step in the process of planning is
formulation of derivative plans
establishing planning premises
setting objectives
making choice from among alternatives
4. The process of bringing together financial, physical and human resources
and establishing productive relations among them for the achievement of
goals is known as
planning
organizing
staffing
directing
5. Facial expression is an example of
upward communication
downward communication
lateral communication
gestural communication
Indicate whether the following statements are True or False by putting
a Tick mark in the brackets provided 1×5=5
6. Activities which are undertaken by people with the object of earning money
are known as economic activities.
T F
7. Management is the art of getting directions from immediate superiors by
subordinates.
T F
8. Corporate planning denotes planning activities at top level.
T F
9. Converting of the subject-matter of communication into suitable symbolic
form is known as encoding.
T F
10. The process of comparing actual performance with standards and taking
necessary corrective action is directing.
T F
COM/I/02/183 2 Contd.
SECTION—B
Marks 15
Write short notes on the following 3×5=15
1. Advantages of sole proprietorship business
2. Unity of command
3. Corporate planning
4. Departmentation
5. Autocratic leadership style
PART B—DESCRIPTIVE
Marks 50
The figures in the margin indicate full marks for the questions
UNIT—I
1. Describe the characteristics of business. Explain why business is
regarded as an economic activity. 6+4=10
OR
What is partnership? Outline the major demerits of partnership form
of business. 5+5=10
UNIT—II
2. What is management? Explain the functions of management. 5+5=10
OR
Describe the managerial roles as propounded by Mintzberg. 10
COM/I/02/183 3 Contd.
UNIT—III
3. What is meant by planning? Briefly explain the nature of planning.
3+7=10
OR
Explain the steps involved in the process of decision making. 10
UNIT—IV
4. What is organizing? Distinguish between formal and informal
organizations. 3+7=10
OR
Briefly explain the steps involved in the selection of personnel. 10
UNIT—V
5. Describe Herzberg's theory of motivation. 10
OR
Explain the barriers to effective communication. 10


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