Tag: organisation of commerce and management

Questions Related to organisation of commerce and management

Multiple choice organisation of commerce and management marketing mix branding and packaging marketing marketing management

The statutory warning on the packages of cigarettes is an example of labeling. 

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Labeling is used to display information about a product and its container, packaging or the product itself.  It is used to provide the statutory warnings and facts about the product. The type and extent of information that must be imparted by a label is governed by the relevant safety and shipping laws.

Multiple choice organisation of commerce and management marketing mix branding and packaging marketing marketing management

Statutory warnings are not required by the law.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Labeling is used to display information about a product and its container, packaging or the product itself.  It is used to provide the statutory warnings and facts about the product. Statutory warnings are made compulsory for the company  to be provided by the law.

Multiple choice organisation of commerce and management marketing mix branding and packaging marketing marketing management

Labeling is one of the most important features of packaging.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Labeling is used to display information about a product and its container, packaging or the product itself.  It is used to provide the statutory warnings and facts about the product. The type and extent of information that must be imparted by a label is governed by the relevant safety and shipping laws. Labels help the marketer to provide important information to the consumer so that he/she can make the right purchasing decision.

Multiple choice organisation of commerce and management marketing mix branding and packaging marketing marketing management

Labels are not useful for providing detailed information of the product.

  1. True

  2. False

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Labeling is used to display information about a product and its container, packaging or the product itself.  It is used to provide the statutory warnings and facts about the product. The type and extent of information that must be imparted by a label is governed by the relevant safety and shipping laws.

Multiple choice organisation of commerce and management marketing mix branding and packaging marketing marketing management

You are preparing a one page handout for a business presentation that will include a small photo of a new prototype you hope to design. So that the photo gets maximum emphasis on a page otherwise filled with text, placed in it

  1. In the top left quadrant of the page

  2. In the bottom left quadrant of the page

  3. In the center of the page

  4. On the back of the page

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

In Western cultures, readers typically scan pages from top-left to bottom-right. Placing an image in the top-left quadrant ensures it is seen first, providing maximum emphasis.

Multiple choice organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

In a private Ltd. co. at the time of incorporation there were 48 members. After than 1 employee joined having 15 debentures and having 2 shares. Did the company Crossed the maximum limit.

  1. Yes

  2. No

  3. Nothing written in law about it

  4. None of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A private company is the one which has a minimum paid up share capital of Rs. 100000 or such higher capital as prescribed by the Companies Act. Its Article of association mentions that the company restricts the right to transfer its shares; limits the number of its members from 2 to 50.

Thus it is clear that the company did not crossed its maximum limit as there will be 49 members only.

Multiple choice organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

Registrar information is required in case of conversion of _________________.

  1. Private to public

  2. Public to private

  3. Both a & b

  4. None of the above

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

To take that future advantage many public   companies are converting themselves into Private Companies. Section 13 and section 14 of the Companies Act. A public company can be converted into private company only after obtaining its shareholder approval by way of passing of special resolution in general meeting.

Multiple choice organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

Minimum number of directors in case of private company is _________.

  1. $1$

  2. $2$

  3. $3$

  4. $4$

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

The Companies Act prescribed minimum 2 directors for a private and 3 for a public company respectively to constitute a Board.