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eco 1
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ECO-1 I

BACHELOR'S DEGREE PROGRAMME
Term-End Examination
June, 2013
,
••••-•0

ELECTIVE COURSE : COMMERCE
ECO-1 : BUSINESS ORGANISATION
Time : 2 hours

Maximum Marks : 50
(Weigh tage 70%)

Note : Attempt both Part - A and Part - B.
PART—A
1.

Distinguish between any two of the following :

5+5

(a)
(b)

Private limited company and Public limited company (c)

Bank overdraft and Cash credit

(d)
2.

Employment and Profession

Joint life policy and Group insurance

Write short notes on any two of the following :
(a)

Hypothecation

(b)

Leasing

(c)

Public utility undertaking

(d)

5+5

Underwriting

ECO-1

1

P.T.O.

PART-B
Attempt any three of the following questions :
3.

Discuss the role of entrepreneur in business 6+4 promotion. Outline the basic characteristics of an entrepreneur.

4.

State the various methods of raising long term funds for a business organization and explain the merits and demerits of any one of these methods.
3, 4, 3

5.

"Advertisement is a waste". Comment on this statement. 10

6.

Discuss the factors influencing the choice of channels of distribution.

10

7.

Define business risk. What are the various types of business risks ? How do you manage them ? 2+4+4

8.

(a) Explain the characteristics of a government 5+5 company. (b) Why is government's direct participation in business considered necessary ?

ECO-1

2

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