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Commercial Studies

Quiz by Roshny Jimmy

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40 questions
Show answers
  • Q1

    Which one amongst the following is an example of Internal Stakeholders? 

    Owners

    Banker

    Creditors

    Debtors

    10s
  • Q2

    Customers, Government and Creditors are considered as _______________

    Primary stakeholders

    Internal stakeholders

    Secondary stakeholders

    External stakeholders

    10s
  • Q3

    To adhere fair and reasonable trade practise is the expectation of which types of stakeholders? 

    Government

    Suppliers

    Shareholders

    Customers

    10s
  • Q4

    Who are the Stakeholders who expects to receive more and more promotional growth opportunities? 

    Employee

    Creditors

    Customers

    Government

    10s
  • Q5

    "Customers have the right to register his dissatisfaction and get his complaints heard at appropriate forum"- which consumer's right has been highlighted in the given statement

    Right to Consumers education

    Right to be heard

    Right to safety

    Right to choose

    10s
  • Q6

    What would you call the individuals, groups or organisation who have an interest in the decision and actions of the business enterprise? 

    Bankers

    Stakeholders

    Directors

    Promoters

    10s
  • Q7

    "To produce socially desirable goods and render service at reasonable prices"are some of the expectations of _______________.

    Suppliers

    Government

    Society

    Shareholders

    10s
  • Q8

    What would you call the efforts to create customers for the products and to provide maximum satisfaction to them? 

    Marketing

    Selling

    Publicity

    Promotion

    10s
  • Q9

    Selling is product oriented but marketing is _______________ 

    Producers oriented

    Customer oriented

    Promotion oriented

    Market oriented

    10s
  • Q10

    In the process of Marketing _______________starts after the product has been produced. 

    Research and Development

    Product Planning

    Market Research

    Selling

    10s
  • Q11

    Price is the monetary expression of ___________________ of exchange for products or services. 

    Value

    Weights

    Durability

    Unit

    10s
  • Q12

    Which is the prime objective of Pricing? 

    Advertising of goods

    Consumer satisfaction

    Efficient distribution of goods

    Increasing Profitability

    10s
  • Q13

    What would you call the mass paid communication of information intended to persuade buyers so as to maximise profit? 

    Marketing

    Selling

    Publicity

    Advertising

    10s
  • Q14

    Advertising is always consumer oriented and it moves ______________towards the ________________.

    Buyers, Products

    Products, Buyers

    Sellers, Buyers

    Buyers, Sellers. 

    10s
  • Q15

    The sum of direct material cost , direct wages and direct expenses is known as______________.

    Prime cost

    Overheads

    Fixed cost

    Variable cost

    10s

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