Tag: commercial studies

Questions Related to commercial studies

An advantage of recruitment from outside the company is ____________.

  1. that it is cheaper than internal recruitment

  2. that there is no need to advertise the vacancy

  3. that it brings in new experience and skills to the firm

  4. that it avoids Jealousy within the firm


Correct Option: C

To bring inspiration and innovation to every athlete in the world is mission of -

  1. Nike

  2. Facebook

  3. Google

  4. Sony


Correct Option: A

Unique value auction is mainly applies to?

  1. New products

  2. Second hand products

  3. Engineering products

  4. None of the above


Correct Option: B

In case of_________ layout, production is carried on in special purpose machine.

  1. functional

  2. product

  3. stationary

  4. combined


Correct Option: B

Philosophy of marketing

    1. Product oriented marketing
    2. Production oriented marketing
    3. Sale oriented marketing
    4. Customer oriented marketing
    5. Social marketing
    6. Green marketing

    1. i, ii, iii and iv

    2. ii, iii, iv and v

    3. iii, iv, v and vi

    4. All of the above


    Correct Option: D

    The cost per unit of a product manufactured in a factory amounts to Rs 160 (75% variable) when the production is 10, 000 units. When production increases by 25%, the cost of production will be Rs per unit.

    1. Rs 145

    2. Rs 150

    3. Rs 152

    4. Rs 140


    Correct Option: C

    "What is the company's breakeven point: Selling price-Rs 6 per unit Variable production cost-Rs 1.20 per unit Variable selling cost-Rs 0.40 per unit Fixed production cost-Rs 4 per unit Fixed selling cost-Rs 0.80 per unit Budgeted production and ________________.

    1. 8, 000 units

    2. 8, 333 units

    3. 10, 000 units

    4. 10, 909 units


    Correct Option: D

    Which of the following is an active factor of production?

    1. Land

    2. Labour

    3. Capital

    4. Organisation


    Correct Option: B
    Explanation:

    The factors of production include land, labour, capital and entrepreneurship.

    Other factors like land, capital are passive and but labor is an active factor. 
    Land and labour are two essential factors of production. Since the real work of production is done by labour it is considered as the active factor of production.

    A person who is arrested and  detained shall be produced before the nearest magistrate within a period of _____ of arrest.

    1. 12 hours

    2. 24 hours

    3. 35 hours

    4. 48 hours


    Correct Option: B
    Type of products Examples
    $1$. Prestige products a) Cigarettes, blades
    $2$. Maturity products b) Automobiles, clothing
    $3$. Anxiety products c) Medicines, soaps
    $4$. Functional products d) Fruits, vegetables
    1. $1$-a, $2$-c, $3$-d, $4$-b

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

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

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


    Correct Option: B