Basics of Commerce and Management Question Paper 2024
Paper
Code: 1 (Sem-1) MDC 04
Course:
(Multidisciplinary Course)
Paper:
MDC0100403 (Basics of Commerce and Management)
Full
Marks: 45
Time:
2 hours
The
figures in the margin indicate full marks for the questions.
Answer either in English or in Assamese.
1.
Answer the following as directed (1x5=5)
(a) Who introduced the concept of Gang
Plank?
(b) A sole trader has limited liability.
(Write True or False)
(c) What is the full form of EFT?
(d) At which level of management are
business policies framed?
(e) In which year did demonetisation take
place for the first time in India?
2.
Briefly answer the following (any five) (2x5=10)
(a) What is trade?
(b) What is unity of command principle of
management?
(c) Why is business called an economic
activity?
(d) What is business environment?
(e) Write briefly on globalisation.
(f) Write about two aids to trade.
(g) Write two features of business
environment.
(h) What is Human Resource Management?
(i) Why are management principles called
universal?
(j) Write two features of management.
3.
Write short answers to any four of the following (5x4=20)
(a) Briefly explain five features of
business.
(b) Distinguish between private sector and
public sector.
(c) Briefly explain five limitations of sole
trading business.
(d) Explain the importance of study of
business environment.
(e) Explain the impact of Government policy
changes on business and industry after 1991 in India.
(f) Briefly explain the factors which affect
the economic environment of business of a country.
(g) Explain the significance of management.
(h) Explain the different elements of
marketing mix.
4.
Write long answer to any one of the following (10)
(a) What is social responsibility of
business? Discuss about the various interested parties involved in social
responsibilities of business. (2+8=10)
(b) Discuss the various components of
business environment.
(c) What is management? Discuss the functions
of management. (2+8=10)
(d) What is financial management? Explain
the functions of a finance manager. (2+8=10)
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