Business organisation and management — DU B.Com (P) Previous Year Question Papers

(b) "Coordination is a binding force", in the light of this statement, discuss the importance and limitations of coordination as a function of management. (c) Define franchising. Why it is getting popular in India? (9) (d) What considerations should be kept in mind while choosing a form of Business 2. (a) What are the problems of small scale sector? Discuss the steps taken by the government to solve these problems. (b) What is the importance of identification of business opportunity? How are business opportunities identified by the entrepreneurs? (9) (c) "A business owes certain obligations towards different groups." Identify those groups and explain the obligations of business towards those groups. (d) Explain the term business environment. How does Social and political environment influence the working of a business? (9) 3. (a) What is strategic planning? What are the steps involved in strategy formulation? (b) What is decision making? Explain the qualitative techniques of decision making. (9) (c) What ae the causes of creation of informal groups? How should a manager handle these groups? (9) (d) Explain and illustrate product based organization structure. What are its merits and demerits? (a) 3 zo (Learning Organization) a fed t Workforce Diversity and Inclusion)