Commerce Questions and Answers for Competitive Exams | Commerce Quiz Set 10

(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
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
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
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
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
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
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
Answer: Controlling
(8) Demand has the following elements
[1] Quantity
[2] Price
[3] Time
[4] All the above
Answer: All the above
(9) A perfectly competitive firm attains equilibrium when
[1] AC = AR
[2] MR = MC
[3] MC = AC
[4] TC = TR
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
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
Answer: Janta Government
(12) Which one of the following is an obstacle to globalisation
[1] Wide base
[2] Niche markets
[3] Obsolescence
[4] Competition
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
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
Answer: + 0.40
(15) ‘VSAT’ technology is first followed for on-line trading by
[1] BSE
[2] OTCEI
[3] ISE
[4] NSE
Answer: NSE

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