IGNOU| BUSINESS ORGANISATION (ECO - 01)| QUESTION PAPER – (DEC

IGNOU| BUSINESS ORGANISATION (ECO - 01)| QUESTION PAPER – (DEC - 2023)| (BDP)| ENGLISH MEDIUM

Note: Attempt any five questions. All questions carry equal marks.

1. What is Business? Explain features and objectives of Business. 2+8

2. What is Industry? Explain its classification with illustrations. 2+8

3. Differentiate between Partnership and Joint Stock Company. 10

4. Briefly explain the meaning of the following: 3+3+4

(a) Money Market

(b) Capital Market

5. What is Media? Discuss the characteristics and types of media. 2+8

6. Outline the nature of problems and limitations associated with the operation of public enterprises. 10

7. What is channel of distribution system? Discuss the factors influencing the choice of channel. 2+8

8. Write short notes on any two of the following: 5+5

(a) Economic Activity vs. Non-Economic Activity

(b) Wholesalers vs. Retailers

(d) Various types of Banks

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