BCOC 132 Solved Assignment 2023-24

    

BCOC 132 Solved Assignment 2023-24

Business Organisation and Management

BCOC 132 Solved Assignment 2023-24 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

Assignment Code: ASST/ BCOC 132/2023-24

Marks: 100

Attempt all the questions.

Section A

Q.1 Distinguish between commerce and industry.

Commerce and industry are related economic activities, but they refer to different aspects of the overall economic system. Here's a distinction between commerce and industry:

Definition:

Commerce: Commerce refers to the exchange of goods and services between producers and consumers. It encompasses activities such as buying and selling, distribution, transportation, and marketing. Commerce facilitates the smooth flow of goods and services from the point of production to the point of consumption.

Industry: Industry, on the other hand, involves the production of goods or the provision of services. It includes activities like manufacturing, mining, construction, and other processes that transform raw materials into finished products or deliver specific services.

Focus:

Commerce: The primary focus of commerce is on facilitating trade and ensuring that goods and services reach the end-users efficiently. It involves intermediaries like wholesalers, retailers, and distributors who play a crucial role in the distribution chain.

Industry: Industry focuses on the creation or extraction of goods and services. It involves processes such as manufacturing, production, and construction, where raw materials are transformed into final products.

Processes Involved:

Commerce: Activities in commerce include buying and selling of goods, transportation, warehousing, advertising, and various other activities aimed at making products available to consumers.

Industry: Industrial processes involve the extraction of raw materials, manufacturing, processing, assembly, and other activities related to the creation of tangible goods or the provision of specific services.

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Commerce: Commerce plays a crucial role in connecting producers and consumers, ensuring a smooth flow of goods and services in the market. It contributes to the overall economic growth by creating efficient distribution networks.

Industry: Industry is a key driver of economic development as it creates employment, adds value to raw materials, and produces goods and services that meet the needs and demands of the population.

Examples:

Commerce: Examples of commercial activities include retailing, wholesaling, transportation, banking, advertising, and other trade-related services.

Industry: Examples of industrial activities include manufacturing automobiles, producing steel, extracting oil, constructing buildings, and providing healthcare services.

In summary, commerce focuses on the facilitation of trade and the movement of goods and services, while industry is concerned with the creation, production, and extraction of goods and services. Both commerce and industry are essential components of a well-functioning economic system, working in tandem to meet the demands of consumers and drive economic growth.

Q.2 What are the objectives of a cooperative form of organisation? Explain its merits and limitations.

Q.3 Compare line, functional and line and staff organisation. Which of these will be appropriate for a large manufacturing enterprise?

Q.4 Define ‘leadership style’. What are the main differences between autocratic, democratic and free rein leadership styles?

Q.5 Describe the financing through Venture Capital by explaining its merits and limitations.

Section B

Q.6 How does technology help in reducing business costs?

Q.7 Describe main feature of MNCs.

Q.8 Explain the components of organisational system.

Q.9 Enumerate five most suitable process of team building.

Q.10 Distinguish between cost-oriented pricing and demand-oriented pricing.

Section C

Q.11 What are the objectives of supply chain management?

Q.12 What are the forms of organisation in public enterprises?

Q.13 Explain the principles of planning.

Q.14 What is lease financing?

BCOC 132 Solved Assignment 2023-24 : All assignments are in PDF format which would be send on email/WhatsApp (9958676204) just after payment.

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