Punjab University B.Com Part 1
2014 Paper Analysis
Q.No.1 : Basics of Business
Q.No.2 : One Man Control
Q.No.3: Causes of BC
Q.No.4: Insurance Rules
Q.No.5: Legal Documents of Company
Q.No.6: Stock Market
Q.No.8 : Companies Ordinance 1984
Tips for Attempting Introduction to Business Paper
In General, High Number Of Students Fails in this subject, the main reason iis , they only focus on rote learning, without understanding the core concepts of the Subject,
Question No.1 is almost asked by examiner in every year paper, A student should understand the basics of introduction of business very deeply. Scope includes Commerce and Industry, Imports and Exports
Question No.2 on sole proprietorship is the favorite question of PU B.Com exam paper maker. It has many advantages as well as demerits, One Main advantage is that the owner of business keeps all the earned profits of his business.
Question No.3 was a difficult one, tested first time in b.com paper, there may be some cases where partnership dissolves and the business of the firm continues, Partnership basically dissolved on the insolvency of partner or where a partner becomes unsound,
Question No.4 Statement in Lieu of Prospectus refers to a document which is required to be published by a private company, Contents are usually similar as in case of prospectus by Public Ltd Company
Question No.5. Shares Usually Divided into Ordinary and Preferential Shares.
Question No.6 Cooperative Societies are quite effective in growth of Business in the country, There are several kinds, such as producer co operative society and Consumer based societies
Question No.7 Business Combination Occurs When Two or More Companies Joins together to achieve economies of scale in its business, Such as Horizontal,vertical and Diagonal Combinations, This Part of syllabus is most important, Students are advised to learn this section very well
Question No. In Introduction to Business Paper, There is always a question to write short notes on specific topics, each part carry five marks, Try to write these notes in paragraph form and should not exceed 8 - 10 lines .