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O C Test I PDF
O C Test I PDF
M 80Marks
2.30 hours
Q.1 (A) Select the correct answer form the possible options given below and rewrite the statements :
5 Marks
1. A Sole proprietorship is the ________form of organization. (Private sector, Public sector, None of these)
2. Overdraft facility is given to _________ (Saving account, Current account, Fixed account)
3. In e-business, payments have to be made __________ (in cash, on credit, online)
4. Business organization is a part of ________ (Industry, Government, society)
5. In the modern competitive market, consumer is regarded as the _________(King, Agency, Superintendent)
(C) Write a word or a phrase or a term which can substitute each of the following statements:
5 Marks
1. The right of a consumer which allows him to express his views.
2. The term derived from the terms e-mail and e-commerce.
3. Father of modern management.
4. Indian philosopher who had promoted concept of social responsibility in ancient times. (chanakya,
mauriya)
5. A function rightly treated as essence of management.
Q.6 Define Joint Hindu Family firm? Explain its Merits and Demerits?
Or
Define Directing? Explain its Importance?