IGNOU BCA : IMPORTANT QUESTIONS ECO-01 [TYPE-2]

 IMPORTANT QUESTION                       {TYPE-2}

(A)  Attempt  following Questions : 

1. Name the four forms of business organisation. Describe briefly the requisites of an ideal form of business organisation. 

2. What is a stock exchange ? Describe briefly its various functions. 

3. Suppose your company has launched a detergent of low price. As the chief of the marketing wing, how will you choose an appropriate media for making it popular ? 

4. State the importance of distribution channel in the promotion of business. Describe briefly the factors that influence the choice of the channel. 

5. Suppose your company decides to set up a manufacturing unit of apparels. How will you proceed for importing the necessary machinery and technology for the same ? Explain. 

6. What do you mean by risk management ? Describe briefly the in surable risks and the non - insurable risks.

7. Distinguish between any two of the following : 

          (a) Voyage policy and Time Policy 

          (b) Risk avoidance and Loss prevention 

          (c) Life insurance and Fire insurance 

8. Write short notes on any two of the following : 

         (a) Government Company 

         (b) Sales policy of Public Utilities 

         (c) Public Enterprise 

9. Write short notes on any two of the following : 

         (a) Aids to trade 

         (b) Money market 

         (c) Channel of distribution 

         (d) Procedure of Import trade 

10. Distinguish between any two of the following : 

         (a) Business and commerce 

         (b) Equity shares and preference share 

         (c) Indoor advertising and outdoor advertising. 

         (d) Bonded warehouse and public ware house.

11. Write short notes on any two of the following : 

         (a) Clearing and forwarding agents 

         (b) Pricing Policy of Public utilities 

         (c) Doctrine of subrogation 

         (d) Functional middlemen 

12. Distinguish between any two of the following :  

         (a) Wholesale trade and retail trade 

         (b) Entrepreneur and promoter 

         (c) Statutory company and registered company 

         (d) Publicity and advertisement 

13. Write short notes on any two of the following :  

         (a) Bank overdraft 

         (b) Margin trading 

         (c) Outdoor media 

         (d) Bill of lading

14. Distinguish between any two of the following :  

        (a) Fixed capital and working capital 

        (b) Direct and indirect distribution channel 

        (c) Departmental store and supermarket 

        (d) Pledge and hypothecation

15. Write short notes on any two of the following :  

        (a) Aids to trade 

        (b) International financial institutions 

        (c) Outdoor media 

        (d) Insurable risk

16. Distinguish between any two of the following :

       (a) Entrepreneur and promoter. 

       (b) Ownership capital and borrowed capital. 

       (c) Intensive distribution and exclusive distribution. 

       (d) Time deposits and demand deposits. 

17. Write short notes on any two of the following :  

        (a) Partnership deed. 

        (b) Factoring. 

        (c) Speculation and gambling. 

        (d) Hire purchase trading. 

18. Explain the financial performance of public  enterprises in India.

 19. "All business risks are not insurable". In the light  of this statement, explain insurable risks and non-insurable risks.

 20. Define the term 'business' and explain its essential  features.

 21. Describe 'factoring' and 'discounting of bills of  exchange' as methods of raising short-term finance.

22. Explain the objectives of advertising. 

(a)  Discuss how does a letter of credit help in  financing foreign trade. 

(b) Narrate the shipping documents required to be submitted along with a documentary letter of credit.