Class 10 Commercial application

It refers to a location where buyers and sellers meet . Identify the concept .

• People concept

• Place concept

• Demand concept

• Area concept

Identify the market on the Basis of subject of Exchange

• Secondary market

• Terminal market

• Capital market

• Spot market

In this market sub-distributors are employed to carry on the selling process

• Catalogue market

• In house market

• Mail order market

• Network market

Marketing is an ______ as well as a ______

• Creative , System

• Art , Science

• Integrated process , Customer oriented

• None of the above

" Sell what can be produced " falls under which stage of marketing

• Marketing oriented stage

• Sales oriented stage

• Production oriented stage

• Product oriented stage

Marketing oriented stage caters to which time period

• 1950 - 1960

• 1960 - 1980

• 1930 - 1950

• 1869 - 1930

These products are purchased frequently and with minimum efforts

• Shopping products

• Convenience products

• Consumer products

• Specialty products

These products are purchased for use in the production

• Specialty products

• Consumer products

• Industrial products

• Shopping products

Services cannot be stored for future . Which feature is it

• Intangible

• Variability

• Perishability

• Inseperability

Which is a reason for increasing importance of service

• Rise in per capita income

• Technology

• Marketing mix

• None of the above