Commerce Questions and Answers - Set 10

Questions

1 Find incorrect statement :

1 Marketers arouse emotional motives

2 Marketers satisfy rational motives

3 Marketers formulate different sales promotions for different motives

4 None of the above

View Answer

Answer: None of the above

2 Non-store marketing includes

1 Home selling

2 V.P.P.

3 Vending Machines

4 All of the above

View Answer

Answer: All of the above

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3 What is customer delight ?

1 Performance equal to expectation

2 Performance less than expectation

3 Performance more than expectation

4 Expectation more than performance

View Answer

Answer: Performance equal to expectation

4 Under which method of performance appraisal one person is compared with all others for the purpose of placing them in a simple order of work ?

1 Grading

2 Person to Person comparison

3 Ranking

4 None of the above

View Answer

Answer: Ranking

5 Which terms are often used inter-changeably in marketing literature ?

1 Concept, method, philosophy

2 Concept, approach, technique

3 Orientation, concept, philosophy

4 Philosophy, system, concept

View Answer

Answer: Orientation, concept, philosophy

6 Which one of the following is not the fundamental procedure that should be considered for the collective bargaining ?

1 Prenegotiation phase

2 Selection of Negotiators

3 Tactic and Strategy of Bargaining

4 None of the above

View Answer

Answer: None of the above

7 Which one of the following is not the operative function of HRM ?

1 Development

2 Controlling

3 Compensation

4 Integration

View Answer

Answer: Controlling

8 Demand has the following elements

1 Quantity

2 Price

3 Time

4 All the above

View Answer

Answer: All the above

9 A perfectly competitive firm attains equilibrium when

1 AC = AR

2 MR = MC

3 MC = AC

4 TC = TR

View Answer

Answer: MR = MC

10 The purpose of job evaluation is

1 Fixation of Responsibility

2 Promotion

3 Transfer to a better job

4 Transfer to a better job

View Answer

Answer: Transfer to a better job

11 The concept of ‘Rolling Plan’ in India was introduced by the

1 BJP Government

2 Janta Government

3 Congress Government

4 All of the above

View Answer

Answer: Janta Government

12 Which one of the following is an obstacle to globalisation

1 Wide base

2 Niche markets

3 Obsolescence

4 Competition

View Answer

Answer: Obsolescence

13 Which of the following is the non-random method of selecting samples from a population ?

1 Stratified Sampling

2 Quota Sampling

3 Systematic Sampling

4 Cluster Sampling

View Answer

Answer: Quota Sampling

14 If the two regression coefficients are 0.8 and 0.2, then the value of coefficient of correlation is

1 + 0.16

2 – 0.16

3 – 0.40

4 + 0.40

View Answer

Answer: + 0.40

15 ‘VSAT’ technology is first followed for on-line trading by

1 BSE

2 OTCEI

3 ISE

4 NSE

View Answer

Answer: NSE

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