Tag: elements of business

Questions Related to elements of business

One man control is the best in the world if the man is capable enough to manage everything. This statement states about which form of business?

elements of business sole trade meaning, features and merits of sole proprietorship sole proprietorship - meaning & features formation, characteristics, merits & demerits and objectives of sole proprietorship

  1. Partnership

  2. Company

  3. Sole Proprietorship

  4. Trust

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Correct Option: C
Explanation:

One man control is the best in the world if the man is capable enough to manage everything. This statement states about sole proprietorship form of business. In sole proprietorship type of business the single individual takes all initiatives and run the business. 'Sole' means singe and 'proprietorship' means ownership. The business organization in which the single owner owns, manages and controls all the activities of the business is known as sole proprietorship form of business organization.

The fate of sole proprietorship is connected to the sole proprietor. What does this convey about the sole proprietorship?

elements of business sole trade meaning, features and merits of sole proprietorship sole proprietorship - meaning & features formation, characteristics, merits & demerits and objectives of sole proprietorship

  1. Unlimited liability

  2. Uncertain life

  3. Limited managerial ability

  4. Lack of economies of scale

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Correct Option: B
Explanation:

The fate of sole proprietorship is connected to the sole proprietor. This conveys about uncertain life about the sole proprietorship. In sole proprietorship type of business the single individual takes all initiatives and run the business. 'Sole' means singe and 'proprietorship' means ownership. The business organization in which the single owner owns, manages and controls all the activities of the business is known as sole proprietorship form of business organization.

Effective writers visualize ______ before writing

elements of business sales promotion promotion and promotional techniques promotion meaning, role and techniques of sales promotion pricing

  1. Story

  2. Reader

  3. Colours

  4. Publisher

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Correct Option: D

Advertising is to create _______.

elements of business sales promotion promotion and promotional techniques promotion meaning, role and techniques of sales promotion pricing

  1. primary demand for a product

  2. brand name

  3. more consumption

  4. All the above

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Correct Option: A

Which of the following schemes is intended to stimulate the sales during a slump season?

elements of business sales promotion promotion and promotional techniques promotion meaning, role and techniques of sales promotion pricing

  1. Price-off offer

  2. Coupons

  3. Samples

  4. Buy-back allowance

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Correct Option: A

One of the most powerful element in the promotion mix is:

elements of business sales promotion promotion and promotional techniques promotion meaning, role and techniques of sales promotion pricing

  1. Salesmanship

  2. Point-of purchase display

  3. Advertising

  4. Price discount

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Correct Option: C

Sales promotion activities attract attention of the people because of the use of _______.

elements of business sales promotion promotion and promotional techniques promotion meaning, role and techniques of sales promotion pricing

  1. advertising

  2. publicity

  3. incentives

  4. credits

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Correct Option: C

An _____ means that only the company employees that are set up on the server can access the company pages.

elements of business sales promotion promotion and promotional techniques promotion meaning, role and techniques of sales promotion pricing

  1. Internet

  2. Intranet

  3. Extranet

  4. Webnet

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Correct Option: B

Identify whether the statement is true or false.
Email etiquettes must be strictly adhered to in order to keep your communication authentic and graceful.

elements of business sales promotion promotion and promotional techniques promotion meaning, role and techniques of sales promotion pricing

  1. False

  2. True

  3. Partly true

  4. None of above

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Correct Option: B

E-Correspondence is an electronic, cost-effective and fastest mode of communication as of today.

elements of business sales promotion promotion and promotional techniques promotion meaning, role and techniques of sales promotion pricing

  1. False

  2. True

  3. Partly true

  4. None of the above

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Correct Option: B