Business studies class XII Quiz-3

Which marketing function deals in classification of products into different groups on the basis of their important characteristics?

• Product designing

• Marketing planning

• Grading

• Standardisation

Within two years of its inception, STG Solutions Limited has created a positive image about itself and its products in the eyes of general public by participating extensively in various social welfare programs. Identify the component of promotion mix described here.

• Public relations

• Sales promotion

• Personal selling

• Advertising

A company dealing in a diversified range decided to group its activities on the basis of the products it isdealing in. Which step of the process of Organizing is being performed?

• Assignment of duties

• Identification and division of work

• Departmentalisation

• Establishing authority and reporting relationships

A consumer products manufacturing company is offering a number of products like toiletries, detergent powder, food products etc. Identify the element of marketing mix referred here.

• Place mix

• Promotion mix

• Product mix

• Price mix

Name the concept of Financial Management which increases the return to equity shareholders due to the presence of fixed financial charges.

• Trading on Equity

• Financial Leverage

• Optimal Capital Structure

• Wealth Maximization

Expenditure incurred by companies on acquisition, expansion, modernisation and replacement are the types of _______.

• Capital structure decision

• Working capital decision

• Dividend decision

• Capital budgeting decision

It can be defined as a process that initiates implementation of plans by clarifying jobs and working relationships and effectively deploying resources for attainment of identified and desired results. The process is:

• Directing

• Controlling

• Planning

• Organizing

From time to time SEBI undertakes the steps for controlling insider trading and imposing penalties for such practices. Which function of SEBI is being referred to?

• Development Function

• Protective Function

• Regulatory Function

• Both Development and protective function

Looking into the shift taking place in the markets where consumers are now becoming more vocal, more demanding and, above all, more global and as middle-class demand for products and services grows, smart businesses are now looking beyond their organisations and industries, recognising that partnering and engagement with global suppliers and customers are key to future success. Which steps of Planning are being referred to?

• Implementation of plan; Follow up

• Laying down objectives; Planning premises

• Planning premises; Selecting the best alternative

• Identifying the alternatives; Evaluating the alternatives

Assertion (A) Even a small production activity like loading pigs of iron into boxes can be scientifically planned and managed.

Reason (R) Taylor believed that there was only one best method to maximise efficiency. Alternatives

• Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)

• Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation ofAssertion (A)

• Assertion (A) is true, but Reason (R) is false

• Assertion (A) is false, but Reason (R) is true