Tag: organisation of commerce and management

Questions Related to organisation of commerce and management

Where a firm allows another firm in a foreign market to use its technical know-how and trade mark, it is known as

  1. Franchising

  2. Network marketing

  3. Indirect marketing

  4. All of above


Correct Option: A

Properly planned advertising is known as____________.

  1. Empirical method

  2. Scientific advertising

  3. Advertisement copy

  4. Advertising budget


Correct Option: B

The most popular method of publicity is?

  1. Press publicity

  2. Direct mail

  3. Out-door publicity

  4. Speciality advertising


Correct Option: A

Promotion-mix includes ______.

  1. advertising and personal selling

  2. sales promotion

  3. public relations

  4. all of the above


Correct Option: D
Explanation:
Promotional mix is a market of 4P's of marketing. Promotional mix give various tools and strategies as of how a product can be promoted. Advertising personal selling, sales promotion, publicity and public relations are the main tools of promoting a company's product and making customers aware about the company offers.

________ is an unpaid form of communication.

  1. Personal selling

  2. Publicity

  3. Advertising

  4. Face to face communication


Correct Option: B

________ refers to offering extra quantity of the product. It is commonly used by marketer of FMCG products.

  1. Rebate

  2. Refund

  3. Discount

  4. Quantity gifts


Correct Option: D

Which of the following means the special right given by a manufacturer or a parent organization to another individual or firm to sell to the former's product or service in a specified given area(s)?

  1. Franchise

  2. Network marketing

  3. Indirect marketing

  4. All of above


Correct Option: A

Franchising is...............

  1. Purchasing all parts of the company

  2. Allowing another party to use product or service under owner's name

  3. Joining two or more companies

  4. A company acquiring another company at its will


Correct Option: B

Which one of the following is the correct sequence in sample design?
i. Sampling unit
ii. Size of samples
iii. Type of universe
iv. Source list
v. Sampling procedure

  1. $i, ii, iii, iv, v$

  2. $iii, iv, i, ii, v$

  3. $iii, i, iv, ii, v$

  4. $iii, v, i, iv, ii$


Correct Option: C