Tag: elements of business

Questions Related to elements of business

_______ facilitates large scale and efficient business operations by providing liquidity and security.

elements of business classification of busniess activities business as an activity meaning and types of trade trade and aids to trade

  1. Transport

  2. Insurance

  3. Bank

  4. Warehouse

Show answer
Correct Option: C
Explanation:

A bank is a financial institution that accepts deposits from the public and creates credit. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial stability of a country, banks are highly regulated in most countries.

Resolution can be amended.
elements of business classification of busniess activities business as an activity meaning and types of trade trade and aids to trade

  1. True

  2. False

Show answer
Correct Option: B
Explanation:

This statement is False because of the following reasons : 

(i) When motion is accepted in a meeting it is called resolution. 
(ii) A resolution is the final decision after full discussion and voting and is not subject to further discussion.
(iii) The business of the meeting is transacted through resolutions. 
(iv) A motion which is finally approved at the meeting is called a resolution.
(v) A resolution cannot be amended as it is a final decision taken in a meeting. (vi) Hence, a resolution cannot be amended. 

Advertising that stresses and persuades immediate buying of the product is known as ______.

elements of business advertising concept,types, objectives, advantages and criticism of advertising distinction between advertising and personal selling meaning, objectives, merits and demerits of advertising

  1. commercial advertising

  2. direct action advertising

  3. product advertising

  4. primary demand advertising

Show answer
Correct Option: B

The psychological success of an advertisement depends on its ability to make the people _______.

elements of business advertising concept,types, objectives, advantages and criticism of advertising distinction between advertising and personal selling meaning, objectives, merits and demerits of advertising

  1. description and narration

  2. argumentation, selection and information

  3. look and like

  4. look, like, learn and buy

Show answer
Correct Option: D

Any paid form of non-personal presentation of goods or ideas by an identified sponsor is?

elements of business advertising concept,types, objectives, advantages and criticism of advertising distinction between advertising and personal selling meaning, objectives, merits and demerits of advertising

  1. Personal selling

  2. Advertising

  3. Sales promotion

  4. Publicity

Show answer
Correct Option: B

Objections against advertising.

elements of business advertising concept,types, objectives, advantages and criticism of advertising distinction between advertising and personal selling meaning, objectives, merits and demerits of advertising

  1. It is not productive

  2. It forces people to desire and buy things which, in fact, are not within their means

  3. It increases the cost of goods

  4. All the above

Show answer
Correct Option: D

The advertisement-"Usha: today's best selling fans", is an example of _______.

elements of business advertising concept,types, objectives, advantages and criticism of advertising distinction between advertising and personal selling meaning, objectives, merits and demerits of advertising

  1. attention value

  2. suggestive value

  3. sentimental value

  4. educational value

Show answer
Correct Option: B

Advertising benefits to.

elements of business advertising concept,types, objectives, advantages and criticism of advertising distinction between advertising and personal selling meaning, objectives, merits and demerits of advertising

  1. Manufacturers

  2. Consumers

  3. Wholesalers and retailers

  4. All the above

Show answer
Correct Option: D

Which is the example of memorizing value among the given options?

elements of business advertising concept,types, objectives, advantages and criticism of advertising distinction between advertising and personal selling meaning, objectives, merits and demerits of advertising

  1. Forhans- the paste created by dentist

  2. Relax- smoke a charminar

  3. Indian Co - Indian made

  4. Boost is the secret of my energy

Show answer
Correct Option: D

When constructing the ad, it is important to consider how to best _________.

elements of business advertising concept,types, objectives, advantages and criticism of advertising distinction between advertising and personal selling meaning, objectives, merits and demerits of advertising

  1. attract attention to the advertisement

  2. get right candidate

  3. how will be the profit

  4. the candidate reach in profit

Show answer
Correct Option: A
Explanation:

Advertisement is an audio visual marketing tool. Advertisement's main objective is to persuade the consumers to buy the company's product. There are many advertisements that are played on the radio and on the television, if the marketer wants his advertisement to stand out from the clutter, the advertisement has to be attractive so that people pay attention to the message that has to be communicated.