Business Studies Revision

Successfully organisations do not achieve goals by chance but by following a deliberate process know as:

• Planning

• Co-ordination

• Controlling

• Management

Management is essential for the organisations which are:

• Non-profit organisations

• Service organisations

• Social organisations

• All of the above

Management contains a series of interrelated functions that include:

• Planning

• Organising

• Directing

• All of the above

People in the Organisations carry out diverse tasks with the aim to achieve:

• Different objectives

• Common objectives

• Both of the above

• None of the above

Efficiency is concerned with:

• Doing the right thing

• Doing things right

• Achieving end results

• None of the above

Which concept of marketing emphasise on availability and affordability of the product?

• Marketing Concept

• Production Concept

• Product concept

• Sales Concept

Which one is not an element of marketing mix?

• Product

• Promotion

• Consumer protection

• Industrial products

Which tool of promotion mix involves direct face to face conversation with prospective customers?

• Personal selling

• Sales promotion

• Advertising

• Publicity

Which tool of promotion mix is an impersonal paid form of communication?

• Sales promotion

• Personal selling

• Publicity

• Advertising

Foreman belongs to:

• Top level

• Middle level

• Lower level

• None of them