B.Com. I - Semester (CBCS) Examination, November / December 2019
 (Common Paper for General / Computer Applications / Foreign Trade / Tax Procedure
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Advertising and Honours Courses)Subject: Business Organization & Management
Paper Code — DSC - 102
Time: 3 Hours Max.Marks: 80
PART - A (5x4 = 20 Marks)
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[Short Answer Type]Note: Answer any five of the following questions.
- Social Responsibility of a Business
- Active Partner
- Public Limited Company
- Statement in Lieu of Prospectus
- Promoter
- Skills of Management
- Formal Organization
- Authority
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PART - B (5x12 = 60 Marks)
 [Essay Answer Type]
Note: Answer all the questions.
-  a) What do you mean by Business? Describe its objectives.
 OR--- Content provided by FirstRanker.com --- b) Explain the differences between Sole Trading Concern and Partnership Firm.
-  a) What do you understand by Promotion of a Company? Describe the various stages in Promotion of a Joint Stock Company.
 OR
 b) Define Joint Stock Company. Explain the characteristics of Joint Stock Company.
-  a) Define Management. Explain the functions of Management.--- Content provided by FirstRanker.com --- OR
 b) What is Scientific Management? Explain its objectives and criticism.
-  a) Describe the Nature and Significance of Planning.
 OR
 b) What is Line and Staff-Organization? What are the causes of conflict between Line and Staff.
-  a) Explain the various barriers to Effective Delegation. Discuss the guidelines for making Delegation effective.
 OR
 b) What is Decentralization of Authority? Explain its importance.
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