Solved question Paper ECO-1 (Business Organisation) Jun 2007

JUN 2007

SECTION- A

1. Attempt any Four of the following :  5+5+5+5

(a) State the characteristics of an entrepreneur.
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(b) Differentiate between insurable risks and non-insurable risks.
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(c) Write a short note on commercial feasibility of business.
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(d) Differentiate between ownership capital and borrowed capital.
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(e) What is securities depository system?
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(f) “Advertising is s a social waste.” Comment.
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(g) Differentiate between functional middlemen and merchant middlemen.
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(h) Briefly comment on the pricing policy of public utility undertakings.
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SECTION B

Note : Attempt any three of the following.

2. What is a joint stock company? Explain how it overcomes the limitation of partnership form of business organisations?
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3. Why do prices of securities fluctuate in the stock exchange?  10
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4. Explain the advantages and problems of foreign trade for the economic development of a country. 5+5
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5. Outline the factors which you keep in mind while deciding channels of distribution for your product. 10
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6. Explain various modes of creating charge by banks while lending. 10
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OR

Explain the circumstances which lead to the formation of business combinations. 10
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7. What is a public enterprise? State the features and objectives of public enterprises. 2+4+4
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