B.Com II Introduction to Business

Instruction: Attempt any FIVE questions.

Q.1. (a) How business is socially responsible. (05)
Q.1. (b) Name the problems which may be faced in Establishing and Operating a business. Explain any six of them. (15)

Q.2. (a) What Economic System has been followed in Pakistan. (10)
Q.2. (b) Differentiate between “Capitalism” and “Socialism” as a Economic System. (10)

Q.3. (a) Why Sole-Proprietorship is most common in Pakistan. Also write its Advantages. (10)
Q.3. (b) Define Memorandum of Association. Briefly discuss its Clauses. (10)

Q.4. (a) What is Business Combination? Give reason which leads to establishment of Business Combination. (10)
Q.4. (b) Describe Cartel and Joint Ventures. (10)

Q.5. (a) Assess the importance of wholesalers in the field of distribution. Can they be dispensed? (10)
Q.5. (b) State the services of wholesalers to the Retailers. (10)

Q.6. (a) Briefly explain the classification of Capital Market?. (10)
Q.6. (b) What is the present working of stock exchange in Pakistan? (10)

Q.7. (a) What are the major types of Risk faced by the business man? (10)
Q.7. (b) State the various types on Insurance. (10)

Q.8. (a) What are the common methods of Wage Payment? (10)
Q.8. (b) International Trade Agreement are important in the International Trade. Give some examples of such agreement. (10)

Q.9. (a) Define Multinational Cos. (05)
Q.9. (b) Briefly discuss their problems. (10)
Q.9. (c) Name some Multinational Cos. Working in Pakistan. (05)

Q.10. Write short notes on any TWO of the following. (20)

i. Product Life Cycle
ii. Advantages of Ware-Housing
iii. Means of Transportation
iv. Orientation and Training
v. Recent Aid Agreement with IMF

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