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ISC Class XII Board Exam 2020 : Commerce

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ISC 12th
Indian School Certificate Examination (ISC), New Delhi
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COMMERCE (Maximum Marks: 80) (Time allowed: Three hours) (Candidates are allowed additional 15 minutes for only reading the paper. They must NOT start writing during this time.) ---------------------------------------------------------------------------------------------------------------Answer Question 1 from Part I and any five questions from Part II. The intended marks for questions or parts of questions are given in brackets [ ]. ---------------------------------------------------------------------------------------------------------------PART I (20 Marks) Answer all questions. Question 1 [10 2] Answer briefly each of the questions (i) to (x): (i) What is meant by Micro-Environment? (ii) State any two features of a Credit Card. (iii) What is Net Working Capital? (iv) Give two advantages of Trade Credit, as a source of short-term finance. (v) Define Management as an activity. (vi) Moon Ltd. imported new machinery from Germany. However, the productivity of the business did not improve with the use of this machinery. On investigation, it was found that the workers were not able to operate the high-tech machinery effectively, causing poor performance and wastages. What can be done by Moon Ltd. to overcome the above problem? (vii) What is meant by Span of Control? (viii) Name two types of Markets on the basis of subject of exchange. (ix) State any two points of difference between Marketing and Selling. (x) What is meant by Physical Distribution? ---------------------------------------------------------------------------------------------------------------This Paper consists of 3 printed pages and 1 blank page. 1220-857 Turn over Copyright reserved.

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