Tag: meaning and definition of market

Questions Related to meaning and definition of market

What describes a process of continuously measuring results and comparing those results to optimal performance so that actual performance may be improved?

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Performance

  2. Capacity planning

  3. Benchmarking

  4. Data cleansing

Show answer
Correct Option: C

The following is the list of iron and steel plants located in various parts of  India
1) Vishakhapatnam
2) Bhadravati
3) Jamshedpur
4)Salem
5) Rourkela
6) Bokaro
7) Vijaynagar
8)Durgapur
Which one of the following represents iron and steel industries located outside the chotanagpur region?

commercial studies marketing - concepts and functions meaning and importance of marketing meaning and definition of market concept of market and marketer

  1. 1, 4, 7, 8

  2. 2, 3, 6, 7

  3. 1, 2, 4, 7

  4. 2, 5, 7, 8

Show answer
Correct Option: C
Explanation:

Vishakapatnam, Bhadravati , Salem and Vijayanagar are located outside the chotnagpur region,
Chotanagpur platean region has the maximum concentration of iron and steel Industries. It is because of low cost iron ore , high grade raw material in proxomity , cheap labour  and vast growth potential in the home market.

Marketing is concerned with the creation of utilities.
I. Form utilities
II. Place utilities
III. Time utilities
IV. Possession utilities.

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. I and III are correct

  2. I, II and IV are correct

  3. I, III and IV are correct

  4. All are correct

Show answer
Correct Option: D

The term market is derived from.

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Latin word

  2. Greek word

  3. French word

  4. German word

Show answer
Correct Option: A

Which of the following markets deals is valuable metals?

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Foreign exchange market

  2. Bullion market

  3. Stock market

  4. Manufactured goods market

Show answer
Correct Option: B

Currencies of different countries are purchased and sold in.

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Money market

  2. Capital market

  3. Foreign exchange market

  4. Security market

Show answer
Correct Option: C

From the management point of view, 'Market' means.

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Place of business

  2. Merchandise

  3. The demand for a commodity

  4. A "social institution," performing the work of middlemen, transport, agency, warehousing etc.,

Show answer
Correct Option: D

A perfect market is?

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. A Real concept

  2. A Psychological concept

  3. A Relative concept

  4. Only a theoretical concept

Show answer
Correct Option: D

Which of the following markets is also known as 'Commodity exchange?"

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Manufactured goods market

  2. Capital market

  3. Produce exchange

  4. Money market

Show answer
Correct Option: C

Every Market is?

commercial studies concept of market and marketer meaning and importance of marketing meaning and definition of market introduction to marketing marketing environment meaning and definition of marketer role of marketing

  1. Perfect

  2. Imperfect

  3. Both (A) and (B)

  4. None of the above

Show answer
Correct Option: B