Tag: meaning and definition of market

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Multiple choice 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

When a firm directs its resources to the profitable growth of a single product, in a single market with a single dominant technology, it follows ________________.

  1. market development

  2. product development

  3. diversification

  4. market penetration
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Market penetration focuses on increasing sales of existing products in existing markets. It is the strategy of maximizing the current business model without changing the product or the market.

Multiple choice 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

Product, Price, Place and Promotion are the ______________.

  1. 4 Ps of marketing

  2. 4 Ps of an organisation

  3. important HR points

  4. maximising social causes
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The 4 Ps (Product, Price, Place, Promotion) are the foundational elements of the marketing mix, a concept popularized by E. Jerome McCarthy.

Multiple choice 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

Selling + customer satisfaction =____

  1. Network marketing

  2. E-commerce

  3. M-commerce

  4. Marketing
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Marketing is often defined as the process of identifying, anticipating, and satisfying customer needs profitably, which encompasses both the act of selling and the focus on customer satisfaction.

Multiple choice 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

Size of firm and market or book ratio are variables which are related to ___________.

  1. premium returns

  2. unquoted returns

  3. quoted returns

  4. stock returns
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

In finance, variables like firm size (market capitalization) and the book-to-market ratio are key factors used to explain variations in stock returns, famously used in the Fama-French three-factor model.

Multiple choice 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

Which is the problem of marketing communication?

  1. Distance

  2. Hidden sources and data

  3. Lack of trust

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Marketing communication faces challenges from physical distance, hidden or incomplete data, and the inherent lack of trust between the sender and the receiver, making all listed options valid problems.

Multiple choice 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

Difference between budgeted amounts and actual results is classified as ____________.

  1. standard deviation

  2. variances

  3. mean average

  4. weighted average
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

In accounting and budgeting, a variance is the difference between the planned (budgeted) amount and the actual result achieved.

Multiple choice 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

What best explains a shift in market supply curve to the right?

  1. An advertising campaign is successful in promoting the good

  2. A new technique makes it cheaper to produce the good

  3. The government introduces a tax on the good

  4. The price of raw materials increases
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A shift to the right in the supply curve indicates an increase in supply. A new, more efficient production technique reduces costs, allowing firms to supply more at any given price.

Multiple choice 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

The marketing concern generally taps three sources for financing its activities there are ___________.

  1. Owned Capital

  2. Trade Credit

  3. Bank Credit

  4. All of these
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Marketing activities require capital, which is typically sourced from a mix of internal funds (owned capital), short-term supplier credit (trade credit), and external financing (bank credit).

Multiple choice 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

Stock which has higher correlation with market tend to have ___________________.

  1. high beta, less risky

  2. low beta, more risky

  3. high beta, more risky

  4. low beta, less risky
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Beta measures a stock's volatility relative to the market. A high beta means the stock is more sensitive to market movements, which generally implies higher risk.

Multiple choice 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

Which of the following persons can opt for composition scheme?

  1. Person making any supply of goods which are not leviable to tax under this Act

  2. Person making any inter-State outward supplies of goods

  3. Person effecting supply of goods through an e-commerce operator liable to collect tax at source

  4. None of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The composition scheme under GST (in India) has specific restrictions, such as prohibiting inter-state supplies and supplies through e-commerce operators liable for TCS. Therefore, none of the listed persons are eligible.