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Commerce Questions and Answers for Competitive Exams | Commerce Quiz Set 10

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Free Download as PDF Commerce Quiz Questions and Answers for Competitive Exams or solved MCQs with answers. These quiz objective questions are helpful for competitive exams SSC, UPSC, IAS, IPS, CDS, NDA, Railways or RRB, psc exams of Andhra Pradesh, Arunachal Pradesh, Assam, Bihar, Gujarat, Haryana, Himachal Pradesh, Jammu & Kashmir, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Manipur, Meghalaya, Mizoram, Nagaland, Orissa, Punjab, Rajasthan, Sikkim, Tamil Nadu, Tripura, Uttar Pradesh, West Bengal, Chhattisgarh, Uttarakhand, Jharkhand, Telangana etc.
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(1) Find incorrect statement :
[1] Marketers arouse emotional motives
[2] Marketers satisfy rational motives
[3] Marketers formulate different sales promotions for different motives
[4] None of the above
Answer: None of the above
(2) Non-store marketing includes
[1] Home selling
[2] V.P.P.
[3] Vending Machines
[4] All of the above
Answer: All of the above

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(3) What is customer delight ?
[1] Performance equal to expectation
[2] Performance less than expectation
[3] Performance more than expectation
[4] Expectation more than performance
Answer: Performance equal to expectation
(4) Under which method of performance appraisal one person is compared with all others for the purpose of placing them in a simple order of work ?
[1] Grading
[2] Person to Person comparison
[3] Ranking
[4] None of the above
Answer: Ranking
(5) Which terms are often used inter-changeably in marketing literature ?
[1] Concept, method, philosophy
[2] Concept, approach, technique
[3] Orientation, concept, philosophy
[4] Philosophy, system, concept
Answer: Orientation, concept, philosophy
(6) Which one of the following is not the fundamental procedure that should be considered for the collective bargaining ?
[1] Prenegotiation phase
[2] Selection of Negotiators
[3] Tactic and Strategy of Bargaining
[4] None of the above
Answer: None of the above
(7) Which one of the following is not the operative function of HRM ?
[1] Development
[2] Controlling
[3] Compensation
[4] Integration
Answer: Controlling
(8) Demand has the following elements
[1] Quantity
[2] Price
[3] Time
[4] All the above
Answer: All the above
(9) A perfectly competitive firm attains equilibrium when
[1] AC = AR
[2] MR = MC
[3] MC = AC
[4] TC = TR
Answer: MR = MC
(10) The purpose of job evaluation is
[1] Fixation of Responsibility
[2] Promotion
[3] Transfer to a better job
[4] Transfer to a better job
Answer: Transfer to a better job
(11) The concept of ‘Rolling Plan’ in India was introduced by the
[1] BJP Government
[2] Janta Government
[3] Congress Government
[4] All of the above
Answer: Janta Government
(12) Which one of the following is an obstacle to globalisation
[1] Wide base
[2] Niche markets
[3] Obsolescence
[4] Competition
Answer: Obsolescence
(13) Which of the following is the non-random method of selecting samples from a population ?
[1] Stratified Sampling
[2] Quota Sampling
[3] Systematic Sampling
[4] Cluster Sampling
Answer: Quota Sampling
(14) If the two regression coefficients are 0.8 and 0.2, then the value of coefficient of correlation is
[1] + 0.16
[2] – 0.16
[3] – 0.40
[4] + 0.40
Answer: + 0.40
(15) ‘VSAT’ technology is first followed for on-line trading by
[1] BSE
[2] OTCEI
[3] ISE
[4] NSE
Answer: NSE

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