PART A (8 5 = 40 marks) Answer any EIGHT questions. All questions carry equal marks. 1. What is business objective? 2. Which is technology sector? 3. Who is a customer? 4. What is opportunity for international activity? 5. What is the need for ethics in business? 6. What is the purpose of social audit? 7. What is MBO? 8. Who initiates policy in an organisation? 9. What are the components in man-power planning? 10. What is marketing policy? 11. Write the corporate strategy of a private firm. 12. What is the need for capital in an organisation? P/ID 6014/MBP 2 PART B (4 10 = 40 marks) Answer any FOUR questions. All questions carry equal marks. 13. What are the objectives of a business? Explain with illustration. 14. Discuss international environment for steel sector in India. 15. What is social responsibility? 16. Discuss in detail about financial policy of an organisation. 17. What is offensive strategy? Explain with example. 18. Discuss M.B.E. in an organisation with suitable illustration.