AKSHAYA COLLEGE OF ARTS AND SCIENCE
Approved by Government of Tamil Nadu & Affiliated to Bharathiar University, Coimbatore
Kinathukadavu , Coimbatore – 642109
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Department of Commerce
Continuous International Assessment – I
I-B.Com. – Business Organization and Office Management
Time: 2.30 Hours Maximum Marks: 75
Section - A (10 x 1 = 10 Marks)
Choose the correct answer
1. Name the two broad categories of business activities A. Trade and commerce B. Trade
and Industry C. Industry and Commerce d None Of these
2. What is sole proprietorship? A. Business owned by one person B. Business owned by
partners. c. Business owned by companies d. Business owned by several companies
3. Sole proprietorship is most suitable for A. Medium scale concerns B. Small scale
concerns C. Large scale concerns. D. None of the above
4. To start a partnership business, What should be the minimum number of
partnership? A . 20 B. 4C. 2D. 10
5. In a partnership, Partners liability is A. Limited. B. Unlimited. C. Limited to capital of
business D. Both (A) and (C)
6.a. Companies act 1956 was replaced by A. Companies act 2002. B. Companies act 2010.
C. Companies act 2015. D. Companies act 2013
7. Which of the following is feature of a register company A. Transferability of shares B.
Perpetual succession C .Limited liability D.All the above
8. Which is not a factor of industrial location? A. Market B. Population density. C. Capital.
D. None of the above
9. Transportation cost is mainly depends on A. Distance B. Weight of merchandise C.
Time required for transportation D. All of the above
10. Trade between two countries can be useful if cost ratios of goods are A. Different B.
Decreasing C. Increasing D. .Equal
Section - B (5 x 5 = 25 Marks)
Answer all questions
11.a) Define Business. (or)
11.b) Explain Trade and Commerce
12.a) Explain A) Company. B) Sole trader (or)
12.b) Explain Foreign Trade
13.a) What are the aids of trade (or)
13.b) Explain Location of business
14.a) What are the geographical factor ? (or)
14.b) What are the Government polices in Non Geographical factors?
15.a) Define localization of industry (or)
15.b) What is trade association?
Section - C (5 x 8 = 40 Marks)
Answer all questions
16 a) Write about Advantages and Disadvantage of Public enterprise? (or)
16.b) What are the scope of business?
17.a) Explain the determine the nature of business (or)
17.b) Explain Briefly A) Sole trader. B) Co Operative Society C)
Partnership
18.a) Difference between Partnership firms and Companies (or)
18.b) What are the characteristic of chamber of commerce?
19.a) Briefly Explain Factors Determine size of firm (or)
19.b) What are the causes of localization of industry?
20.a) Explain Factors influencing location (or)
20.b) Explain the features of trade association
