Market is only used to refer to a place buyers and sellers meet to buy and sell goods
COMMERCIAL APPLICATIONS 10 (UNIT 1)

Quiz
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Other
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10th Grade
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Hard
RAJEEV VICTOR
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20 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
True
False
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The service rendered by a doctor is an example of ____________ product.
Tangible
Free
Intangible
Valuable
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In which type of market a broad range of high mark up and fast moving branded goods are sold at discount prices.
Primary market
In- House market
Catalogue Market
Mail Order Market.
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
It is believed that supply creates its own demand. Identify the stage of marketing.
Product Oriented stage
Marketing Oriented stage
Sales Oriented stage
Production Oriented stage
5.
MULTIPLE SELECT QUESTION
20 sec • 1 pt
Select all the applicable features of Service from the given options.
Perishability
Variabilty
Associated Attributes
Intangibility
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A product can be measured and controlled whereas Services cannot be measured and controlled. Identify the basis of distinction.
Tangibility
Quality
Risk
Inventory
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The person who gives a written cheque and orders the bank to provide the needed money to a specific person is known as a ___________.
Drawer
Drawee
Payee
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