Tag: organisation of commerce and management

Questions Related to organisation of commerce and management

____________ refers to the products immediate container.

  1. Transportation package

  2. Secondary package

  3. Primary Package

  4. None of these


Correct Option: C
Explanation:

Primary packaging is the term used to designate the layer of packaging in immediate contact with the product; in other words, it is the first packaging layer in which the product is contained.

Which of the following is a function of packaging?

  1. Product identification

  2. Product protection

  3. Product promotion

  4. All of these


Correct Option: D
Explanation:

Functions of packaging: The protective function of packaging essentially involves protecting the contents from the environment and vice versa. The packaging is thus intended to protect the goods from loss, damage and theft.

Which of the following factor affects the price determination?

  1. Demand

  2. Product cost

  3. Government and legal regulations

  4. All of these


Correct Option: D
Explanation:

7 important factors that determine the fixation of price are:

(i) Cost of Production
(ii) Demand for Product
(iii) Price of Competing Firms
(iv) Purchasing Power of Customers
(v) Government Regulation
(vi) Objective
(vii) Marketing Method Used

______________ refers to designing the label to be put on the package.

  1. Pricing

  2. Labelling

  3. Packaging

  4. Branding


Correct Option: B
Explanation:

Labelling is another significant means of product identification like branding and packaging

Thus, a label is an informative tag, wrapper or seal attached to a product or product's packageLabeling gives necessary information to the customers about the products.

Airtight containers and packets used for chips, biscuits and jams etc., are the example of ______________.

  1. Product identification

  2. Product promotion

  3. Product Protection

  4. Product differentiation


Correct Option: C
Explanation:

Protective packaging products are designed and constructed to protect the goods from atmospheric, magnetic, electrostatic, vibration or shock damage. Products include types of boxes or storage containers, packing materials, liners, and spacers.

The evaluation criteria for the new product should include all of the following EXCEPT ________.

  1. determination of market demand

  2. determination of the suppliers

  3. pricing and marketing policies of other competing firms

  4. product should be profitable


Correct Option: B

Which is not a function of packaging?

  1. Product identification

  2. Product protection

  3. Product production

  4. Product promotion


Correct Option: C
Explanation:

Product packaging is the process of designing, evaluating and designing packages that protect the products from spoilage, helps in easy transportation and also provide information about the product to consumers. Product promotion is done with the help of attractive designs and colours help in drawing people's attention towards the product. This leads to increase sales. With the help of packaging, the product can be easily identified by consumers. 

Primary packaging refers to additional layer of packaging.

  1. True

  2. False


Correct Option: B
Explanation:

Product packaging is the process of designing, evaluating and designing packages that protect the products from spoilage, helps in easy transportation and also provide information about the product to consumers. Primary packaging which refers to product's immediate package. 

There are _____ levels of packaging.

  1. One

  2. Two

  3. Three

  4. Four


Correct Option: C
Explanation:

Product packaging is the process of designing, evaluating and designing packages that protect the products from spoilage, helps in easy transportation and also provide information about the product to consumers.

There are three levels of packaging i.e 
Primary packaging which refers to product's immediate package. 
Secondary packaging is the additional packaging given to a product to protect it.  
Transportation packaging refers to packages essential for storing, identifying and transporting. 

Transportation packaging is on which level of packaging?

  1. One

  2. Two

  3. Three

  4. Four


Correct Option: C
Explanation:

Product packaging is the process of designing, evaluating and designing packages that protect the products from spoilage, helps in easy transportation and also provide information about the product to consumers.  Transportation packaging is the third level of packaging that refers to packages essential for storing, identifying and transporting.