Tag: definition and functions of production department

Questions Related to definition and functions of production department

The most popular type of media in terms of total hours of consumption per year is __________.

organisation of commerce and management marketing mix definition and functions of production department production or works department ideologies/concepts/views of marketing management

  1. television

  2. radio

  3. Internet

  4. newspaper

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Correct Option: A

Match the following.

$1$. Market development a) The developing of new products for sale in new markets
$2$. Product development b) Developing new products for sale in existing markets
$3$. Market penetration c) Increasing the sales of existing products in existing markets
$4$. Diversification d) Selling of existing products in new markets
organisation of commerce and management marketing mix definition and functions of production department production or works department ideologies/concepts/views of marketing management

  1. $1$-a, $2$-c, $3$-d, $4$-b

  2. $1$-d, $2$-b, $3$-c, $4$-a

  3. $1$-d, $2$-b, $3$-a, $4$-c

  4. $1$-b, $2$-d, $3$-c, $4$-a

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Correct Option: B

under network marketing the product reaches the customers from the __________.

organisation of commerce and management marketing mix definition and functions of production department production or works department ideologies/concepts/views of marketing management

  1. manufacturers

  2. distributors

  3. manufacturers via distributors

  4. agent

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Correct Option: C

The amount of quality output for amount of input means ____________.

organisation of commerce and management marketing mix definition and functions of production department production or works department ideologies/concepts/views of marketing management

  1. productivity

  2. decrease in profit

  3. sales increase

  4. increase In profits

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Correct Option: A

____________ is the value of money that has been used up to produce something.

organisation of commerce and management marketing mix definition and functions of production department production or works department ideologies/concepts/views of marketing management

  1. Cost

  2. Price

  3. Rate

  4. Capital

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Correct Option: A

______ involves application of planning, organizing, directing and controlling the production process.

organisation of commerce and management laws of returns - returns to a factor and returns to scale definition and functions of production department production or works department ideologies/concepts/views of marketing management

  1. Purchases Management

  2. Human Resource Management

  3. Corporate Management

  4. Production Management

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Correct Option: D

The area of actual or potential commercial value in which a company intends to operate is a ___________.

organisation of commerce and management laws of returns - returns to a factor and returns to scale definition and functions of production department production or works department ideologies/concepts/views of marketing management

  1. market space

  2. market place

  3. perfect market

  4. Bertrand market

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Correct Option: A

Which of the following is not an assumption in Miller and Modigliani approach?

organisation of commerce and management laws of returns - returns to a factor and returns to scale definition and functions of production department production or works department ideologies/concepts/views of marketing management

  1. There are no corporate or personal income tax

  2. Investors are assumed to be rational and behave accordingly

  3. There is no corporate tax though there are personal income tax

  4. Capital markets are perfect

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Correct Option: D

Markets which deal with buying and selling of bonds, mortgages, notes and stocks are considered as ____________________.

organisation of commerce and management laws of returns - returns to a factor and returns to scale definition and functions of production department production or works department ideologies/concepts/views of marketing management

  1. financial instruments

  2. financial asset markets

  3. physical asset markets

  4. easy markets

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Correct Option: C

A general term used to mean wholesalers is ____________.

commercial applications functioning of commercial organisation definition and functions of production department production or works department ideologies/concepts/views of marketing management

  1. dealers

  2. distributors

  3. jobbers

  4. agents

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Correct Option: B