INTRODUCTION TO BUSINESS

KARACHI UNIVERSITY BUSINESS SCHOOL
UNIVERSITY OF KARACHI
FINAL EXAMINATION, JUNE 2011: AFFILIATED COLLEGES
INTRODUCTION TO BUSINESS: BA (H) – 341
BS – I
Date: June 10, 2011 Max Marks: 60
Max Time: 3hrs
Instruction: Attempt any five questions, all questions carry equal marks.

Q#1 Define the term “Business”? Discuss ethics and social responsibility of a
business.

Q#2 Compare and contrast different economic systems for a business.

Q#3 a- Is partnership different from a sole proprietorship? Justify your answer.
b- What are the advantages and disadvantages of a partnership?

Q#4 What is marketing? Discuss its functions and various Promotional Strategies.

Q#5 What is the key role of a Human Resource Manager. Discuss the importance of Performance Appraisal in Human Resource Management?

Q#6 State various types of business risks. Describe the steps necessary for handling business risks.