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Posted By: S.Nagarajan Member Level: Diamond Posted Date: 29 Jul 2008
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2005 Indira Gandhi National Open University (IGNOU) B.Com Business Organisation Question paper
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Test Papers / Previous Question Papers of Indira Gandhi National Open University ECO1 Business Organisation June 2005
Bachelor of Commerce (BCom)
Term-End Examination
Elective: Commerce
ECO1 : Business Organisation
Time: 2 hours
Maximum Marks: 50
(Weightage 70%)
Note : Attempt both Section A and Section B.
SECTION A
1. Attempt any four of the following : (5+5+5+5)
(a) (a) Distinguish between a public limited company and a private limited company.
(b) Write a brief note on retained profits as a source of long-term capital.
(c) Differentiate between fixed capital and working capital.
(d) What is outdoor media of advertising? When do you prefer this medium for advertising?
(e) State the features of an ideal medium of advertising.
(f) Write a short note on the containerisation for transport of goods.
(g) State the main features of departmental form of organisation of public enterprises.
(h) Differentiate between trade association and chambers of commerce.
SECTION B
Note: Attempt any three of the following:
2. "Partnership form of organisation emerged essentially because of the limitations and failure of the sole trader form of organisation." Comment. (10)
3. Discuss various factors which determine the working capital requirements of a company. (10)
4. You are the marketing executive of a pharmaceutical company. Explain the procedure you follow when you export the medicines to USA. (10)
5. What is a business risk? Discuss various types of business risks and state which of these are insurable. (2+6+2)
OR
Briefly explain various aspects of a feasibility report. (10)
6. Why is it necessary for government to participate directly in business? Explain. (10)
7. What is a public limited company? Can it commence business immediately after its incorporation? If not, what else has to be done before it can commence business? (10)
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