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Ocm ABT

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23 views2 pages

Ocm ABT

Uploaded by

premtote53
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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DR.

KALMADI SHAMAEAO JUNIOR COLLEGE, PUNE


ABT PRACTICE EXAMINATION 2024
SUBJECT: ORGANIZATION OF COMMERCE & MANAGEMENT
TIME: 1 Hr. MARKS: 20
-------------------------------------------------------------------------------------------------------------
Student Name:
Class & Division:
Date:
-------------------------------------------------------------------------------------------------------------------------------

A. Correct the underlined word and rewrite the following sentences. (4 marks)
1. Decentralization means concentration of power and authorities at a specific position.
………………………………………………………………………………………………………
2. Factors of business environment are always fixed.
………………………………………………………………………………………………………
3. The word ‘Entrepreneur ‘comes from the German verb entreprendre, it means ‘ to undertake’.
………………………………………………………………………………………………………
4. Insurance helps to maximize the risks in the business.
………………………………………………………………………………………………………

B. Complete the Sentence. (3 marks)


1. ………………………………………………….. banking refers to the use of banking services
with the help of mobile phones.
2. Recruitments are done under..................................................................... function.
3. An entrepreneur is a person who starts a …………………………………………………… .

C. State whether following statements are true or false. (4 marks)


1. Management principles are applied differently under different situations…………………… .
2. Specialization in activities leads to increase in organizational efficiency…………………….…. .
3. Agritourism can support agricultural economy…………………..………… .
4. Current Account is opened by salaried persons……………………………. .

D. Study the following case/ situation and express your opinion. (Attempt any 3) (9 marks)

1. Mr. Amit is a businessman. He has his own factories in Pune and Nashik. He lives in Pune with
his wife and 2 daughters aged 5 and 8 years.

i) Can Mr. Amit take a life insurance policy for his wife and 2 children?

………………………………………………………………………………………………………

ii) Can Mr. Amit take a marine insurance policy for his factories?

………………………………………………………………………………………………………

iii)
Which type of insurance should Mr. Amit take for protecting his factories from loss due to
fire?
………………………………………………………………………………………………………

2. 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.
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(i) Find out dream of Soham and Navin

……………………………………………………………………………………………………….

(ii) State anyone feature of Entrepreneur

……………………………………………………………………………………………………….

(iii) To become successful entrepreneur, which qualities Mr. Soham should have?

………………………………………………………………………………………………………
3. Mr. Harshad is an entrepreneur and engaged in production of eco-friendly utensils. Both male
and female workers are working in his factory. All male employees are directly working on
machines whereas female employees are working in Packaging Department. Mr. Sharath is
working as Finance Manager while Mrs. Naina is working as HR Manager who is responsible
for recruiting employees in the factory. On this basis:

i) Identify any one principle of management in above case.

………………………………………………………………………………………………………

ii) What is the designation of Mrs. Naina in this organization.

……………………………………………………………………………………..………………

iii) Who is responsible for overall planning of the organisation?

………………………………………………………………………………………………………

4. 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. Shyam
………………………………………………………………………………………………………
ii. Mr. Shubham
………………………………………………………………………………………………………
iii. Mr. Ram
……………………………………………………………………………………………………….

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