Bachelor of Commerce (B.Com.) FY BCom Sem 1 Bccom Sem 1 2017 to 2018 March 2018 ATKT COMMERCE I Question Paper - Mumbai University | munotes

Questions asked in this paper

• Please check whether you have got the right question paper
• 2. Figures to the right indicate full marks

1. Q3 Answers to each question must begin on a new page
2. Q1 A) Fill in the blanks with the appropriate option given in the bracket: (Any 10) 10 marks
3. Q1 is not a function of business. (Production/ Marketing/ Profit earning)
4. Q2 is a social objective of business. ( Fair wages/ Satisfy creditors/ Survival)
5. Q3 is not aids to trade. (Transportation
6. Q4 refers to transfer of any government function to the private sector
7. Q5 means converting loss making company into profit making. ( Liberalization
8. Q6 is external environmental factor affecting business. ( Political environment
9. Q7 EU stands for (European Union/Europe United/Europe Undivided)
10. Q8 is an example of internal growth strategy. (Merger/ Product Development/Joint
11. Q9 is necessary to promote women entrepreneurship. ( Education & Training Mental Stress old customs and traditions)
12. Q10 is an example of commerce with reference to scope of business (manufacturing
13. Q12 is concerned with foreign investments. (TRIPS/TRIMS/GATS)
    • B) State whether the following statements are true or false: (Any 10) 10
14. Q1 Business is a socio-economic activity
15. Q2 All entrepreneurs are promoters but all promoters are not entrepreneurs
16. Q3 Objectives can never be expressed in quantitative terms
17. Q4 Buy back of shares is an example of financial restructuring
18. Q5 There is no need for business to invest in research and development
19. Q6 Mining is an example of Extractive industry
20. Q7 PAN is necessary for filing of income tax return
21. Q8 Turnaround can work even when there is no viability of business
22. Q9 Amalgamation means takeover of business of another company
23. Q10 Government policies are a component of an economic environment
24. Q11 There is no need to do analysis of internal and external environment by the businesses
25. Q12 Every entrepreneur turns his dreams into reality
26. Q2 Answer any two of the following: 15 marks
    • a. Define Business & explain its features
    • b. Discuss the steps involved in setting of business objectives
    • c. What is Globalization? Explain its impact on the Indian economy
27. Q3 Answer any two of the following: 15 marks
    • a. Define Business Environment. Explain its importance
    • b. Explain the components of internal environment affecting Business
    • c. What are the implications of World Trade Organization on developing nations?
28. Q4 Answer any two of the following: 15 marks
    • a. What is meant by feasibility study? Explain its types
    • b. Explain briefly the various laws that are influencing the running of a business
    • c. What are the steps involved in setting up of a business unit? Answer any two of the following: 15
    • a. Explain the factors contributing to growth of Entrepreneurship in India
    • b. What are the various types of entrepreneurs?
    • c. Highlight the problems faced by women entrepreneurs in India
29. Q6 Write notes on: (Any 4) 20 marks
    • a. Educational environment in India
    • b. Factors determining location of a business unit
    • c. Human Objectives
    • d. Project Report
    • (3) aa
    • (3) cara
30. Q3 Sect

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