Tag: role of marketing

Questions Related to role of marketing

Marketing is concerned with the creation of utilities.
I. Form utilities
II. Place utilities
III. Time utilities
IV. Possession utilities.

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  1. I and III are correct

  2. I, II and IV are correct

  3. I, III and IV are correct

  4. All are correct

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Correct Option: D

The term market is derived from.

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Latin word

  2. Greek word

  3. French word

  4. German word

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Correct Option: A

Which of the following markets deals is valuable metals?

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  1. Foreign exchange market

  2. Bullion market

  3. Stock market

  4. Manufactured goods market

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Correct Option: B

Currencies of different countries are purchased and sold in.

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Money market

  2. Capital market

  3. Foreign exchange market

  4. Security market

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Correct Option: C

From the management point of view, 'Market' means.

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Place of business

  2. Merchandise

  3. The demand for a commodity

  4. A "social institution," performing the work of middlemen, transport, agency, warehousing etc.,

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Correct Option: D

A perfect market is?

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. A Real concept

  2. A Psychological concept

  3. A Relative concept

  4. Only a theoretical concept

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Correct Option: D

Which of the following markets is also known as 'Commodity exchange?"

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Manufactured goods market

  2. Capital market

  3. Produce exchange

  4. Money market

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Correct Option: C

Every Market is?

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  1. Perfect

  2. Imperfect

  3. Both (A) and (B)

  4. None of the above

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Correct Option: B

The Latin word 'Mercatus' means ________.

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. To trade

  2. To sell

  3. Mechandise

  4. An area

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Correct Option: A

In the economic sense, market means.

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Place of business

  2. Merchandise

  3. The demand for a commodity

  4. A social institution

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Correct Option: C