B.COM I Introduction to Business 2003
B.COM I Introduction to Business
REGULAR AND PRIVATEINSTRUCTION
NOTE: Attempt any FIVE questions only.
Q.1 (a). Describe Capitalism and Socialism.
Q.1 (b). What system has been followed in Pakistan? Give argument.
Q.2. Define Partnership and Corporation. Differentiate between the two.
Q.3. What do you mean by Social Responsibility of Business? How a business organization can fulfill its social responsibilities? Give examples.
Q.4 (a). Define “Combination”? Give reasons which lead to establishment of Business Combination.
Q.4 (b). Describe Syndicates and Pools.
Q.5 (a). Differentiate between wholesaling and Retailing?
Q.5 (b). Explain the services rendered by wholesales to producer or manufactural.
Q.6 (a). Briefly explain the classification of Capital Markets.
Q.6 (b). What role the “Stock Exchange” plays in the economy of a country?
Q.7 (a). Describe the major kinds of “Business Risks”.
Q.7 (b). How can these risks be reduced or avoided?
Q.8 (a). Describe the importance of Inventory Control. What are the steps involved in it.
Q.8 (b). Briefly describe major transportation systems used in business.
Q.9. Write in detail the role played by Multinational Companies in the under developed countries like Pakistan. Also discuss their problems.
Q.10. Write short notes on any THREE of the following.
1. Orientation and Training
2. Incentive Wage Plans
3. Advertising and its media
4. Types of Tariff
5. Impact of Technological Environment
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