Tag: organisation of commerce and management

Questions Related to organisation of commerce and management

The statutory warning on the packages of cigarettes is an example of labeling. 

organisation of commerce and management marketing mix branding and packaging marketing marketing management

  1. True

  2. False

Show answer
Correct Option: A
Explanation:

Labeling is used to display information about a product and its container, packaging or the product itself.  It is used to provide the statutory warnings and facts about the product. The type and extent of information that must be imparted by a label is governed by the relevant safety and shipping laws.

Statutory warnings are not required by the law.

organisation of commerce and management marketing mix branding and packaging marketing marketing management

  1. True

  2. False

Show answer
Correct Option: B
Explanation:

Labeling is used to display information about a product and its container, packaging or the product itself.  It is used to provide the statutory warnings and facts about the product. Statutory warnings are made compulsory for the company  to be provided by the law.

Labeling is one of the most important features of packaging.

organisation of commerce and management marketing mix branding and packaging marketing marketing management

  1. True

  2. False

Show answer
Correct Option: A
Explanation:

Labeling is used to display information about a product and its container, packaging or the product itself.  It is used to provide the statutory warnings and facts about the product. The type and extent of information that must be imparted by a label is governed by the relevant safety and shipping laws. Labels help the marketer to provide important information to the consumer so that he/she can make the right purchasing decision.

Labels are not useful for providing detailed information of the product.

organisation of commerce and management marketing mix branding and packaging marketing marketing management

  1. True

  2. False

Show answer
Correct Option: B
Explanation:

Labeling is used to display information about a product and its container, packaging or the product itself.  It is used to provide the statutory warnings and facts about the product. The type and extent of information that must be imparted by a label is governed by the relevant safety and shipping laws.

Marketers assign different ______ to indicate different features or quality of the product.

organisation of commerce and management marketing mix branding and packaging marketing marketing management

  1. grades

  2. ranks

  3. batches

  4. labels

Show answer
Correct Option: A

You are preparing a one page handout for a business presentation that will include a small photo of a new prototype you hope to design. So that the photo gets maximum emphasis on a page otherwise filled with text, placed in it

organisation of commerce and management marketing mix branding and packaging marketing marketing management

  1. In the top left quadrant of the page

  2. In the bottom left quadrant of the page

  3. In the center of the page

  4. On the back of the page

Show answer
Correct Option: A

In normal trading circumstances, which of the following would not be found in partner's capital account?

organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. Drawings

  2. Interest on revaluation

  3. Profit on revaluation

  4. None of the above

Show answer
Correct Option: A

In a private Ltd. co. at the time of incorporation there were 48 members. After than 1 employee joined having 15 debentures and having 2 shares. Did the company Crossed the maximum limit.

organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. Yes

  2. No

  3. Nothing written in law about it

  4. None of the above

Show answer
Correct Option: B
Explanation:

A private company is the one which has a minimum paid up share capital of Rs. 100000 or such higher capital as prescribed by the Companies Act. Its Article of association mentions that the company restricts the right to transfer its shares; limits the number of its members from 2 to 50.

Thus it is clear that the company did not crossed its maximum limit as there will be 49 members only.

Registrar information is required in case of conversion of _________________.

organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. Private to public

  2. Public to private

  3. Both a & b

  4. None of the above

Show answer
Correct Option: A
Explanation:

To take that future advantage many public   companies are converting themselves into Private Companies. Section 13 and section 14 of the Companies Act. A public company can be converted into private company only after obtaining its shareholder approval by way of passing of special resolution in general meeting.

Minimum number of directors in case of private company is _________.

organisation of commerce and management public sector, private sector and global enterprises meaning and objectives of public sector enterprises introduction to public sector organisations types of companies - private & public

  1. $1$

  2. $2$

  3. $3$

  4. $4$

Show answer
Correct Option: B
Explanation:

The Companies Act prescribed minimum 2 directors for a private and 3 for a public company respectively to constitute a Board.