IGNOU ECO 01 BUSINESS ORGANISATION B.COM IMPORTANT QUESTIONS FOR DECEMBER 2020 EXAM

 

 IMPORTANT QUESTIONS

ECO 01

1.     Explain the concept of entrepreneurship. Discuss the role of an entrepreneur in business promotion. How does an entrepreneur differ from a promoter?

2. What is a stock exchange ? Explain the factors affecting the price at a stock exchange. Describe the functions of a stock exchange. What is a joint stock exchange?

3. a) What are the various modes of creating charge? Explain them briefly.
b) Explain the objective of advertising. Enumerate the essentials of an effective advertising.

4.  Explain the significance of foreign trade for a country, and state the problems encountered in foreign trade by Indian Entrepreneur.

5. Explain the features of a ideal form of business organisation and state the factors affecting the choice of form of a business organisation.

6. a) Briefly explain the procedure of raising funds through public deposits.
b) Define 'advertising media'. State its different types and the requisites of an ideal medium. 
c) Discuss various methods of raising short term capital.

7. a) Outline the factors which influence the choice of distribution channel.
b) List out the factors affecting capital structure of a firm.
c) Explain the benefits of containerization for transportation of goods.

8. 'All business risks are not insurable'. In the light of this statement , explain insurable risks and non insurable risks.

9. a) Define the term 'business'. Explain its essential features and objectives.
b) Explain the relationship between a banker and its customer.

10. Write short notes on the following:\
  • Government company
  • Public utility
  • public enterprises
  • Aids to trade
  • Essentials for a good transport systems
  • Business risk
  • Public corporation
  • Process of risk management
  • Recurring deposit account
  • Underwriting
  • Money Market
  • services rendered by retailers to consumers
  • Merits of partnership firm
  • Procedure of import trade
  • Factoring and discounting of bills
  • Letter of credit

11. Distinguish between:
  • Voyage policy and time policy
  • Risk avoidance and loss prevention
  • Life insurance and fire insurance
  • Business and profession
  • Advertising and publicity
  • ownership capital and borrowed capital

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