Commerce Questions and Answers for Competitive Exams | Commerce Quiz 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

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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