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94451.

What is a Important Features of Marketing

Answer»

1. Needs and wants:
Need: A state of felt deprivation or feeling of being deprived of something. Want: Culturally defined object that is potential satisfie of need. Marketer’s Job: Identify needs and full  them.
2. Creating a market offering : Complete offer for a product of service.
3. Customer value : greatest benefit or value for the money.
4. Exchange mechanism : Exchange of products/services for money/for something of value to them.

94452.

State the twin Objectives of Financial Planning.

Answer»

1. To ensure availability of funds whenever required. 

2. To see that the firm does not raise resources unnecessarily.

94453.

Write any two Rights of Consumers.

Answer»

1. Right to Safety 

2. Right to be informed

94454.

What is a Advantages of Branding

Answer»

1. Brand name helps in advertising it in an easier way.
2. Brand name establishes permanent identity of the product.
3. Branded products can be easily identified by consumers.
4. Brand name promotes repurchasing.
5. Branding ensures a particular level of quality of the product: If there is any deviation in the quality the customers can make a complaint to the manufacturer.

94455.

State any two features of advertising.

Answer»

Advertising is an impersonal form of communication, which is paid for by the sponsors to promote some goods or services. 

The important features of advertising are as follows: 

1. Paid form: advertising is a paid form of communication. The sponsor has to bear the cost of communicating with the prospects. 

2. Impersonality: There is no direct face – to – face contact between the prospect and the advertiser. It is therefore, referred to as impersonal method of promotion. 

3. Identified sponsor: Advertising is undertaken by same identified individual or company, who makes the advertising efforts and also bears the cost of it.

94456.

How do you describe Marketing Mix?

Answer»

The marketing mix is described as the set of marketing tools that a firm uses to pursue its marketing objectives in a target market. This term marketing mix is given by Neil H Borden. It is the combination of four inputs namely product, price, promotion and place.

94457.

A summary note on control as a technique of managerial control.

Answer»

Budgetary control is a technique of managerial control in which all operations are planned in advance in the form of budgets and actual results are compared with budgetary standards. This comparison reveals the necessary actions to be taken so that organisational objectives are accomplished.

A budget is a quantitative statement foe a definite future period of time for the purpose of obtaining a given objective. It is a statement which reflects the policy of that particular period. It will contain figures of forecasts both in terms of time and quantities. However, the effectiveness of budgeting depends on how accurately estimates have been made about future. Flexible budgets should be prepared which can be adopted if forecasts about future turn out to be different, especially in the face of changing environmental forces. Managers must remember that budgeting should not be viewed as an end but a means to achieve organisational objectives.

94458.

What is marketing ? 

Answer»

Marketing management is defined as, “the art and science of choosing target markets and getting, keeping and growing customers through creating, delivering and communicating superior customer values of management”.

94459.

How do you describe marketing mix?

Answer»

Marketing mix is described as the set of marketing tools that a firm uses to pursue its marketing objectives in a target market. This term marketing mix is given by Neil H Borden. It is the combination of four inputs namely product, price, promotion and place.

94460.

State any two types of financial decision.

Answer»
  • Determining the amount of funds to raised from different source of finance.
  • Also determine the overall cost of capital and finial paste of the enterprise.
94461.

State any two traditional techniques of managerial control.

Answer»

1. Personal observation 

2. Break even analysis.

94462.

State any two traditional techniques of management control.

Answer»

Traditional techniques of management control:

1. Personal observation

2. Statistical reports

3. Break even analysis

4. Budgetary control 

94463.

While imparting colours to the patterns, which colour scheme is followed?(a) Indian(b) American(c) Australian(d) Britain

Answer» The correct option is (b) American

Easiest explanation: Colours are imparted to the patterns for recognising different parts and has many other advantages. During impartation certain colours and shades to the pattern, it is the American colour scheme that is followed.
94464.

State any two traditional techniques of management control.

Answer»
  • Budgetary as a plan represent a statement of anticipated inflows and expected outflows expressed numerically.
  • Breakeven point is point of no profit no loss
94465.

Which among the following wood is most widely used for making patterns?(a) White Pine(b) Mahogany(c) Teak(d) Maple

Answer» Right option is (a) White Pine

Easiest explanation: White Pine is used most widely for making patterns because, white pine wood is soft and it is also observed that, it is comparatively easy to work on this wood. Also, this wood is comparatively cheap.
94466.

Which of the following factor is not to be considered while selecting a refractory?(a) Conductivity(b) Expansion(c) Size of the particle(d) Permeability

Answer» The correct option is (d) Permeability

Explanation: Conductivity, thermal expansion and size of the particle are few of the factors needed to be considered while selecting a refractory and not permeability.
94467.

Which of the following is not a criteria for selecting pattern materials?(a) Method of moulding(b) Establishment of parting line(c) Chances of repeat orders(d) Complexity of the casting

Answer» The correct answer is (b) Establishment of parting line

Easiest explanation: While selecting a pattern, pattern establishing a part line is counted under functions of the pattern, and not under the criteria for selecting it. Whereas all the other remaining are factors used for choosing the right pattern materials.
94468.

Define leadership.

Answer»

Leadership is the ability of influencing people to strive willingly for group objectives. 

94469.

Give the meaning of formal organization.

Answer»

It refers to the organization structure which is designed by the management to accomplish a particular task.

94470.

Give the meaning of control. 

Answer»

Controlling compare annual performance with standard performance, finding out deviation and take corrective action.

94471.

State any two features of planning.

Answer»
  • Planning is a Primary & fundamental function in the process of management. 
  • Planning is a Decision mapping process where by best action chosen among various alternatives. 
94472.

Mention any one element of Directing function?

Answer»

Supervision.

94473.

What is business finance ?

Answer»

It involves procurement and utilization out their operation effectively & efficiently.

94474.

State any one limitation of controlling function.

Answer»

Difficulty in setting quantitative standards.

94475.

Primary and secondary markets.(a) Compete with each other (b) Complement each other (c) Function independently (d) Control each other

Answer»

(d) Control each other

94476.

Give the meaning of Business finance.

Answer»

Money required for carrying out business activities is called business finance.

94477.

What is publicity ?

Answer»

Publicity is the movement of information to general public from the media to create image or awareness of goods or services.

94478.

What is the other name given for secondary capital market?

Answer»

Stock exchange/stock market.

94479.

The higher concentration of which gas in air can cause stiffness of flower buds? (1)  SO2 (2)  CO (3)  NO2 (4)  CO2

Answer»

Correct option (1) SO2

Explanation:

High concentration of SO2 leads to stiffness of flower buds which eventually fall off from plants.

94480.

Write note on First aid.

Answer»

First aids are the emergency measures to be followed at the time of disaster before the medical help arrives. Basic Principles of First-Aid are:

Airway: If a person faces difficulty in breathing, raise the chin or hold the head in a backward sloping position, so as to keep the respiratory passage open.
Breathing: If the person has stopped breathing, give artificial respiration mouth to mouth.

Circulation: If the person is unconscious, first give mouth to mouth respiration. If the person doesn't revive, perform CPR (cardio-pulmonary resuscitation) by pressing the heart hard using both palms. Repeat these two steps alternately after every 15 minutes.

94481.

Who can file a complaint in consumer court ?

Answer»

A complaint before the appropriate consumer forum can be made by : 

(a) Any consumer 

(b) Any registered consumer’s association 

(c) The Central Government or any State Government. 

(d) One or more consumers, on behalf of numerous consumers having the same interest.

(e) A legal heir or representative of a deceased consumer.

94482.

In which year was consumer protection Act passed?

Answer»

Consumer protection Act was passed in the year 1986.

94483.

What is privatization ?

Answer»

Privatisation means giving greater role to private sector and reducing role of public sector in nation building process.

94484.

State six (6) indications of insulin therapy.

Answer»

Indications for insulin

  • Type 1 diabetes.
  • Type 2 diabetes.
  • Insulin resistance.
  • Diabetic ketoacidosis (DKA)
  • Gestational diabetes.
  • Diabetes treatment during pregnancy.
94485.

Who is an Entrepreneur ?

Answer»

A person who sets up a business or business, taking or financial risks in the hope of profit.

94486.

What is gang plank ?

Answer»

This a is shorter route at horizontal level has been provided so that communication is not delayed in case of emergency

94487.

What do you mean by mental revolution?

Answer»

Mental revolution involves a change in the attitude of workers and management towards one another from competition to cooperation.

94488.

The relative stability of +1 oxidation state of group 13 elements follows the order :(1)  Ga < Al < In < Tl(2)  Tl < Ln < Ga < Al(3)  Al < Ga < Tl < ln (4)  Al < Ga < ln < Tl

Answer»

Correct option  (4) Al < Ga < ln < Tl

Explanation:

As we move down the group (13th, 14th, 15th); (Max. oxidation state-2) becomes more stable due to inert pair effect. 

94489.

Mention any two organizational objectives of Management.

Answer»

1. Survival 

2. Profit

94490.

State any two organizational objectives of business.

Answer»

Management must ensure 

- Survival – Earn enough profit to compensate cost.

- Profit – management must ensure that the organization makes a profit, which an incentive against risk.

94491.

Among the following compounds most basic amino acid is : (1) Lysine (2) Asparagine (3) Serine (4) Histidine 

Answer»

The correct option (4) Histidine   

Explanation:

Most basic Amino acid is Histidine.

94492.

State any two organizational objectives of management.

Answer»

1. Survival 

2. Profit

94493.

What is privatization?

Answer»

The new set of economic reforms aimed at giving greater role to the private sector in the nature building process and a reduced role to the public sector is known as privatisation.

94494.

What is gangplank?

Answer»

Gangplank is a shorter route in a scalar chain that allows employees at the same level to communicate with each other directly Gangplank is used-in case of emergency.

94495.

Advertising is? A. A paid form of communication B. Selling products personally C. A deliberate effort done to establish and maintain mutual understanding between organization and public D. It relates to short term incentives

Answer»

A. A paid form of communication

94496.

Identify the promotion strategy shown in the image above.A. Below-the line B. Above -the-line C. Through-the-line D. Both Below-the-line and Above-the-line

Answer»

A. Below-the-line

94497.

Identify the type of Advertising depicted in the given image. A. Point of Sale B. Ambient C. Outdoors D. Direct mail

Answer»

Correct answer is B. Ambient

94498.

Which two incidents in Douglas’ early life made him scared of water?

Answer»

Once Doouglas’ father took him to a beach in California where he was knocked down by strong waves and got breathless. Secondly, a boy tossed Douglas into the deep end of the YMCA pool. He tried hard to come out of it but fell unconscious after some time.

94499.

Statement 1: The narrator was in the grip of fear of water. Statement 2: This deprived him of the joys of canoeing, boating, swimming and fishing. (A) Statement 1 is false but Statement 2 is true. (B) Statement 1 is true but Statement 2 is false. (C) Both Statement 1 and Statement 2 are true (D) Both Statement 1 and Statement 2 are false.

Answer»

(C) Both Statement 1 and Statement 2 are true 

94500.

How did Douglas remove his residual doubts about his fear of water?

Answer»

After the instructor had trained Douglas in the art of swimming, Douglas felt parts of the fear now and then. So, he went to Lake Wentworth and swam across to the other shore and back. This way he conquered his fear.