CBSE Questions for Class 10 Elements Of Business Sellling And Distribution Quiz 3 - MCQExams.com

_______ is a growing and cost effective solution that more and more companies use.
  • Telemarketing
  • Telesales
  • Internet Marketing
  • Retailing
The first activity of Purchasing cycle is _______.
  • communicating requirement to the purchase
  • source Selection and development
  • recognizing the need for procurement
  • inspection of goods
______ is the process of recording details of stock movements and balances in terms of financial value.
  • Book-keeping
  • Financial accounting
  • Stores accounting
  • Management accounting
Production related procurement refers to the purchasing of _____.
  • Office supplies
  • Furniture
  • Raw materials
  • Information systems
Purchase budget is prepared with the help of ______ department.
  • production planning
  • marketing
  • finance
  • administration
Issue and Dispatch is the process of _____.
  • receiving demands
  • selecting the items required
  • dispatching the products to customers
  • all of the above
The purchase order form is designed by _______.
  • Materials Manager
  • Purchase Manager
  • Marketing Manager
  • None of them
Which of the following statements is not true with regard to the concept of product?
  • It is a source of satisfaction.
  • It is confined to physical product.
  • It is a bundle of utility.
  • All of the above.
The objective(s) of forward purchasing is / are _______.
  • To guard against interruption in supply
  • To economize the use of storage space
  • To guard against the future rise in price
  • All of these
According to the modern marketing concept, which of the following statements is true?
  • It refers to the set of actual and potential buyers for a product.
  • It refers to the group of people who do not have the ability but willingness to buy a particular product.
  • It refers to only the set of people who have the purchasing power to buy a particular product.
  • It refers only to the people who show interest in a particular product.
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