Previous year question business
Introduction to Business (BUS1125)
B.Sc. (Hons) in Computer Science
First Semester Examination, 141 Term (Jan - Jun, 2014)
Total Marks (5×14): 70
Time: 3 (three) Hours
[N.B.: Answer any 5 (five) Questions. The figures in the right margin indicate the full marks. All parts of each question must be answered sequentially.]
1.
(a) Enumerate the characteristics of Business. 5
(b) What are the objectives of Business? 4
(c) Narrate the qualities that a business man should possess to make his business successful. 5
2.
(a) What are the factors that you have to take into consideration at the time of choosing an organization? Discuss in brief. 4
(b) Define sole proprietorship business and discuss its features. 2+4
(c) Enumerate the merits of sole proprietorship business. 4
3.
(a) Discuss the legal implications of partnership. 4
(b) Define partnership deed. What are the contents of such deed? 2+3
(c) Narrate the advantages of partnership. 5
4.
(a) Define joint stock company. 3
(b) What are the merits of joint stock company? Discuss in brief. 4
(c) Narrate the powers and functions of Board of Directors. 7
5.
(a) Define management and manager. 3
(b) Describe the functions of a manager. 4
(c) Enumerate the scope and social objectives of public utilities. 7
6.
(a) Discuss the steps in the recording process of Accounting. 4
(b) What are the qualitative characteristics of Accounting Information? Discuss. 5
(c) Narrate the Principles of Accounting. 5
7.
(a) Define marketing. 3
(b) Describe the stages of marketing. 6
(c) Why is marketing promotion so important? 5
Let me know if you'd like all five question sets compiled into one document or organized by topic.
Bangladesh Open University¶
School of Science and Technology
B.Sc in Computer Science and Engineering Program
161 Term (1st Year 1st Semester) Final Examination
Course Code & Title: BUS1123 Introduction to Business
Total Marks: 70
Time: 3 Hours
[N.B.: Answer any 5 (five) questions. The figures in the right margin indicate the full marks. All portions of each question must be answered sequentially.]
1.¶
(a) Why might two or more people decide to form a partnership instead of each forming a sole proprietorship?
[Marks: 6]
(b) State elements of the Deed of partnership business.
[Marks: 8]
2.¶
(a) Discuss the components of business plan that helps the owner’s society.
[Marks: 8]
(b) Write short notes on the following (any two):
- (i) Sole proprietorship
- (ii) Motivation
- (iii) Public limited company
[Marks: 6]
3.¶
(a) List the two sets of assumption about the attitude of worker in Douglas McGregor’s motivational theory.
[Marks: 7]
(b) What constitutes ‘Conflict Management’? Differentiate between functional conflicts and dysfunctional conflicts.
[Marks: 7]
4.¶
(a) What constitutes ‘Conflict Management’?
[Marks: 4]
(b) Explain the decisive process of Conflict Management.
[Marks: 5]
(c) Distinguish between Maslow’s hierarchy of need. How can these needs be fulfilled?
[Marks: 7]
5.¶
(a) Briefly discuss the characteristics of different types of leader.
[Marks: 6]
(b) Discuss the steps a marketing manager should play in the marketing development process.
[Marks: 8]
6.¶
(a) What are the objectives of inventory management?
[Marks: 3]
(b) Mention the factors which affect plant location.
[Marks: 4]
(c) Distinguish between plant-location and plant-layout.
[Marks: 4]
7.¶
Give short answers of the following (any seven):
- (i) Product positioning
- (ii) SWOT analysis
- (iii) Sole proprietorship
- (iv) Make in investment company
- (v) Co-operative business
- (vi) Pricing
- (vii) Mission statement
- (viii) Barriers of international trade
- (ix) CSR
[Marks: 7 × 2 = 14]
Bangladesh Open University
School of Science and Technology
B. Sc in Computer Science and Engineering Program
171 Term (1st Year 1st Semester) Final Examination
Course Code & Title: BUS1123 Introduction to Business
Total Marks (5×14): 70
Time: 3 (Three) Hours
[N.B.: Answer any 5 (five) questions. The figures in the right margin indicate the full marks. All portions of each question must be answered sequentially.]
1.
(a) Define business along with entrepreneurship. 4
(b) Discuss briefly about the components of business. 5
(c) At the time of choosing an organization what are the features should be considered? Briefly discuss. 5
2.
(a) Despite several disadvantage of sole proprietorship, why people still interested to form a sole proprietorship business? 7
(b) Discuss about contents of the Deed of Partnership business. 7
3.
(a) Define joint stock company along with its merits and demerits. 8
(b) Define franchising. Write advantages and disadvantages of franchising. 2+4
4.
(a) Do you think only money can motivate the employee? Explain your argument. 6
(b) Explain Abraham Maslow’s need hierarchy theory of motivation. 8
5.
(a) Write the characteristics of good manager. If you are the manager of ICT company, what types of role you need to play for managing the business. 4+4
(b) Differentiate between leader and manager. 6
6.
(a) What constitutes HRM? What are the responsibilities of human resource manager? 6
(b) Explain the effective process of ‘Conflict Management’. 8
7.
(a) What is Marketing? Discuss about the stages of marketing. 2+5
(b) What is accounting? Who are the users of accounting information? Why they need accounting information? 2+2+3
Let me know if you'd like a consolidated version of all four question sets or a comparative study guide.
Bangladesh Open University
School of Science and Technology
B.Sc in Computer Science and Engineering Program
181 Term (1st Year 1st Semester) Final Examination
Course Code & Title: BUS1123 Introduction to Business
Total Marks: 70
Time: 3 hours
[N.B.: Answer any 5 (five) questions. The figures in the right margin indicate the full marks. All portions of each question must be answered sequentially.]
1.¶
(a) Enlist the names of factor of production and describe item.
[Marks: 4]
(b) Define sole proprietorship. Write its advantages and disadvantages.
[Marks: 5]
(c) Write the advantages and disadvantages of partnership business.
[Marks: 5]
2.¶
(a) Why might two or more people decide to form a partnership instead of each forming a sole proprietorship?
[Marks: 6]
(b) List the contents of the Deed of partnership business.
[Marks: 8]
3.¶
(a) Compare between public limited company and private limited company.
[Marks: 6]
(b) Define co-operative society. Discuss its advantages and disadvantages.
[Marks: 2]
(c) Enlist the characteristic of Entrepreneurs.
[Marks: 6]
4.¶
(a) What is meant by motivation? Explain the five basic motivational approaches.
[Marks: 7]
(b) List the two set of assumption about the attitude of worker in Douglas McGregor’s motivational theory.
[Marks: 7]
5.¶
(a) What constitute ‘HRM’? Explain the steps in recruitment and selection process.
[Marks: 8]
(b) Distinguish between turnover, downsizing and outsourcing.
[Marks: 6]
6.¶
(a) What is Marketing? Explain the two-step process to develop marketing strategy.
[Marks: 6]
(b) What is accounting? Who are the users of accounting information? Why they need accounting information?
[Marks: 8]
7.¶
(a) Who is manager? Write the functions of a manager?
[Marks: 4]
(b) What are the sources to find people for recruitment?
[Marks: 4]
(c) Define compensation? Why it is given to workers? Describe different types of compensations.
[Marks: 6]
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Bangladesh Open University
School of Science and Technology
B. Sc in Computer Science and Engineering Program
201 Term 1st Year 1st Semester Final Examination
Course Code & Title: BUS1123 Introduction to Business
Total Marks: 70
Time: 3 Hours
[N.B.: Answer any 5 (five) questions. The figures in the right margin indicate the full marks. All portions of each question must be answered sequentially.]
1.
(a) Explain the statement with example “Business refers to the organized efforts and activities of individuals to produce and sell goods and services for profit”. 5
(b) Define business environment? Shortly elucidate the nature of business. 6
(c) Write some characteristics of a successful Business. 3
2.
(a) Explain the inter-relation among Trade-Commerce and Industry with example. 5
(b) What is partnership business? Describe the different forms of partnership of business. 2+3
(c) Briefly describe the rights of a partner that he/she belongs in a partnership business. 4
3.
(a) What is marketing mix? Briefly explain the four P’s of marketing. 5
(b) There have many channels in marketing. Shortly elucidate some important marketing channels. 4
(c) Briefly explain the recruitment process. 5
4.
(a) “Arceieving objectives through others is called management”-do you agree with the statement or not show your arguments. 4
(b) Illustrate the Functions of Management. 4
(c) What is working capital? Describe the major sources of working capital used by a firm. 2+4
5.
SQL Trading Business was opened on May-1, 2020. The following selected events and transactions occurred during May: 14
May-01: Invested $520,000 cash in the business. ✔
May-03: Purchased land for $50,000.
May-06: Advertisement expenses of $12,000.
May-12: Purchased goods amounting $70,000.
May-17: Sold product on credit amounting $30,000.
May-21: Withdrew $8,000 cash for personal use.
May-25: Paid salaries of $15,500.
May-31: Received $90,000 cash sales. ✔
Instructions:
(a) Journalize the transactions.
(b) Prepare a Tabular Sheet for the transactions.
(c) Prepare Income Statement; Owner’s Equity Statement and Balance Sheet.
6.
(a) Distinguish between plant-location and plant-layout. 3
(b) Mention the factors which affect plant location. 4
(c) What are the objectives of inventory management? 4
(d) What is quality control? 3
7. Give answer the following short notes (any seven). 7×2=14
(i) Profit maximization;
(ii) Direct selling;
(iii) Venture capital;
(iv) Sole proprietorship;
(v) Public limited company;
(vi) Market assessment;
(vii) Cooperative business;
(viii) Pricing;
Bangladesh Open University
School of Science and Technology
B. Sc in Computer Science and Engineering Program
211 Term 1st Year 1st Semester Final Examination
Course Code & Title: BUS1123 Introduction to Business
Total Marks: 70
Time: 3 Hours
[N.B.: Answer any 5 (five) questions. The figures in the right margin indicate the full marks. All portions of each question must be answered sequentially.]
1.
(a) What do you mean by business? Critically explain the different types of business. 1+4
(b) Define business environment. Briefly explain the economic, social and technological environments of business. 1+5
(c) What are the characteristics of a successful entrepreneur? 3
2.
(a) Define sole proprietorship business. Describe the advantages and disadvantages of proprietorship business. 2+4
(b) What is partnership business? Critically describe the kinds of partnership business. 1+3
(c) Explain different types of managerial skills which are needed for effective management of an organization. 4
3.
(a) Briefly explain: (i) customer needs, (ii) wants, (iii) demands. 3
(b) Define human resource management (HRM). Differentiate between manpower planning and human resource planning. 1+5
(c) Shortly distinguish between private limited company and public limited company. 5
4. Transactions made by a reputed firm i.e. SQL Organization for the month of August-2022 is shown below. Prepare a journal and make a tabular analysis which shows the effects of these transactions: 14
(a) The owner invested $5,000,000 cash in the business.
(b) The company purchased $1,170,000 of furniture on credit.
(c) The company received $2,880,000 cash in exchange for selling goods.
(d) The company paid $112,500 for this month’s rent.
(e) The owner withdrew $310,000 cash for personal use.
(f) The owner invested again $825,000 cash in the business.
(g) The company purchased goods on credit $520,000.
(h) The company paid of $820,000 cash for buying furniture on credit in transaction number-b.
(i) The company bought $55,000 of office computer.
(j) The company paid $80,500; $90,600 and $75,000 for advertisement salary; and utility bills respectively.
BUS1123 Page 1 of 2
5.
(a) Explain the sources of finance for the business. 7
(b) Briefly differentiate between profit maximization and wealth maximization. 4
(c) How financial planning facilitates a manager? 3
6.
(a) Define Accounting Information Systems (AIS). Who are the users of AIS? 2+2
(b) Management plays a significant role for an organization. Shortly illustrate the salient features of management. 6
(c) Illustrate basic principles of accounting. 4
7. Write short notes on the following topics (Any seven). 7×2=14
(i) Direct Selling;
(ii) Scientific management;
(iii) Human capital;
(iv) Long term finance;
(v) Staffing;
(vi) Profit maximization;
(vii) Working capital;
(viii) Collective bargaining;
(ix) Outsourcing;
Let me know if you'd like this as a downloadable PDF or table format.
Bangladesh Open University
School of Science and Technology
B. Sc in Computer Science and Engineering
221 Term 1st Year 1st Semester Final Examination
Course Code & Title: BUS1123 Introduction to Business
Total Marks: 70
Time: 3 Hours
[N.B.: Answer any 5 (five) questions. The figures in the right margin indicate the full marks. All portions of each question must be answered sequentially.]
1.
(a) What do you mean by business? Critically explain the qualities of a successful business. 5
(b) Elucidate the social and economic purposes of a business. 4
(c) Environmental factors have to be significantly considered while setting up a business. Illustrate these different environments of business. 5
2.
(a) Define partnership business. Describe the advantages and disadvantages of partnership business. 4
(b) Shortly explain the different places that are suitable for sole proprietorship business. 4
(c) What is co-operative business? Critically describe the kinds of partners in partnership business. 6
3.
(a) Distinguish between management and administration. 4
(b) Define Human Resource Management (HRM). Analyze the objectives of HRM. 5
(c) Explain the selection process of employees of an organization. 5
4.
(a) Define finance. Explain the scope of financial management. 5
(b) Analyze the sources of finance for the business. 5
(c) What do you understand by profit maximization and wealth maximization? 4
5.
(a) Define finance. Briefly describe the major functions of a financial manager. 4
(b) What is profit maximization? Is it similar with wealth maximization? Give your rational. 5
(c) What is working capital? Explain the different objectives of finance in an organization. 5
6.
(a) Define Accounting Information System (AIS). Who are the users of AIS? 4
(b) Transactions made by ABC corporation for the month of November-2023 are shown below. Prepare a journal and make a tabular analysis which shows the effects of these transactions: 10
(i) The owner invested $500000 cash in the business.
(ii) The company purchased $80000 of office equipment in cash.
(iii) The company purchased $150000 of furniture on credit.
(iv) The company received $300000 cash for the sale of goods.
(v) The owner withdrew $200000 cash for personal use.
(vi) The company paid $20000 for this month’s rent.
(vii) The company received $180000 for sales on credit.
7.
(a) Define entrepreneur and entrepreneurship. 4
(b) Explain different training methods in brief. 6
(c) What are challenges that managers face in managing and motivating human resources? 4