This document appears to be a collection of questions and answers related to business management. It includes 8 questions related to topics like employee recruitment, partnerships, modernization, cash departments, sole proprietorships, administration vs. management, whether management is an art or science, and setting up new projects. The document provides contact information for a company that helps students fully solve their assignments.

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AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724
Name: Leema Noori Marks : 80
Course: Specialisation
Subject: Business Management
Answer the following question.
Question. 1. How do you select an employee or a partner for
expansion activities (10 marks)
Answer: Recruitment and selection of paraprofessionals and uncertified teachers is made easier by
their status as employees in the partner district. By using the district’s established channels of
communication, the program can readily publicize its existence to potential participants from these
two pools. A further advantage is that district and school personnel have some familiarity with
potential candidates. Their direct knowledge of
Question. 2. Differentiate between partnership and joint Hindu
family (10 marks)
AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-
SCHOOL

2. Answer: HSC – Organization of Commerce and Management – Notes, & Distinguish Between –
according to the New Textbook. Difference between joint hindu family business and partnership.
Sr.No Basis of Difference PartnershipFirm Joint HinduFamily Firm
Question. 3. Explain Modernization (10 marks)
Answer: Modernization theory is used to explain the process of modernization within societies.
Modernization refers to a model of a progressive transition from a 'pre-modern' or 'traditional' to a
'modern'society.Modernizationtheoryoriginatedfromthe ideasof GermansociologistMax Weber
(1864–1920), which provided the basis for the modernization paradigm developed by Harvard
sociologist Talcott Parsons (1902–1979). The theory looks at the internal factors of a country while
assuming that with assistance, "traditional" countries can
Question. 4. Give the functions of the cash department (10 marks)
Answer:CashDepartmentisthe mostimportantpartof General Banking.Cashdepartmentshouldbe
placedinabranchfromwhere managercanwatcheverythingfromhistableeitherclientsorthe vault.
It is the most important department of the bank since from desk cash department has direct
interactionwithcustomers.Usuallycashdepartmentreceivesandpayscashdirectlywhichworkas a
mediato communicate withthe clients.Inthe Islami BankingBranchIhave got acquaintedwithcash
receiving and cash payment procedures. Some register books uses in the cash department are
mentioned bellow:
Question. 5. Give advantages of sole tradership. (10 marks)
Answer: The most common and simplest form of business is a sole proprietorship. Many small
businessesoperatinginthe UnitedStatesare sole proprietorships.Anindividual proprietorownsand
manages the business and is responsible for all business transactions. The owner is also personally
responsible foralldebtsandliabilitiesincurredbythebusiness.A soleproprietorcanownthebusiness
for any durationof time and sell itwhenhe or she seesfit.Asowner,a sole proprietorcanevenpass
a business down to his or her heirs.
Question. 6. Compare administration versus management. (10
marks)
Answer: Management Vs AdministrationSimply put, management can be understood as the skill of
gettingthe workdone fromothers.Itisnotexactlysame asadministration,whichalludestoaprocess
of effectively administering the entire organization. The most important point that differs
management from the administration is that the former is concerned

3. Question. 7. Discuss Management as art or science (10 marks)
Answer: Management is Science because of several reasons like - it has universally accepted
principles,it has cause and effect relationship etc, and at the same time it is art because it requires
perfection through practice, practical knowledge, creativity, personal skills etc.
Managementisboth an art and a science.Managementcombinesfeaturesof bothscience aswell as
art. It is considered as a science because it has an organized
Question. 8. Explain setting up a new project (10 marks)
Answer:The keytoa successful projectisinthe planning.Creatingaprojectplanisthe firstthingyou
should do when undertaking any project.
Oftenprojectplanningisignoredinfavourof gettingonwiththe work.However,manypeople failto
realise the value of a project plan for saving time, money and many problems.
This article looks at a simple, practical approach to project
Dear students get fully solved
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