Questions

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37 questions · timed · auto-graded

Question 11 Mark
Who has invented automatic vending machine?
Answer
Greek engineers and mathematician Alexandria Hero invented vending machine.
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Question 21 Mark
Which type of goods and service are useful of Telemarketing?
Answer
Tele marketing is useful for the sale of services of loan, lending, insurance services, credit card service etc.
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Question 31 Mark
Which type of goods is suitable for selling through mail order shops?
Answer
Light weight, durable and valuable products are convenient to sell through mail order shops.
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Question 41 Mark
State the types of the big shops.
Answer
Large Scale retail shops are departmental stores, chain stores, mail orders shops, franchise. super market and malls.
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Question 51 Mark
Give the meaning of internal trade.
Answer
Business carried out within the boundary between various regions and areas members is called internal trade.
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Question 61 Mark
In which matter do we find uniformity in franchise shops with their parent company?
Answer
We find uniform business policy, quality of product, layout and decoration of the shop in franchise shops with their parent company.
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Question 71 Mark
Who is called a street hawker?
Answer
The trader who sets with essential things of life on foot path and customer from nearby streets or society and pole buy required things from them is called a street hawker.
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Question 81 Mark
State the types of mobile shops carrying out retail business.
Answer
The following are mobile shops carrying out retail business.
$(1)$ Hawkers
$(2)$ Temporary Traders
$(3)$ Fixed day Traders, e.g. Guiari or Hat
$(4)$ Street seller.
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Question 91 Mark
For how many hours automatic machines serve ?
Answer
Automatic machines provide service continuous for $2.1$ hours $(24 \times 7).$
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Question 101 Mark
How is the thing obtained from automatic machine?
Answer
To obtain a thing from automatic machine, one has to insert currency coin as per instruction written.
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Question 111 Mark
Give the meaning of the term $E$ & $0$ $E$.
Answer
$E$ $ \&$ $0$ $E$ = Errors and Omissions Excepted. Errors and omissions is excepted in invoice.
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Question 121 Mark
Give the meaning of $CIF.$
Answer
$CIF$ = Cost, Insurance and Freight. Cost Insurance and Freight are included in invoice.
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Question 131 Mark
Give the meaning of the $FOB.$
Answer
$FOB$ = Free on Board. Exporter hears the expense of sending goods to the port of the in porter.
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Question 151 Mark
What is the system of making payment of purchased products through Internet?
Answer
Payment of products purchased through Internet is made on-line or cash on delivery.
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Question 161 Mark
Which media of internet are used by manufacturers to advertise their products ?
Answer
The manufacturers use e-mail, portal, browser, and website of advertisement.
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Question 171 Mark
What is the system of making payment of product purchased through television marketing?
Answer
Payment can his in advance though credit or debit card.
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Question 181 Mark
How are customers benefitted through tele marketing?
Answer
As there is no middle patty between seller and customer, goods can be obtained at reasonable price.
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Question 191 Mark
What is the first step in telephone marketing?
Answer
In telephonic marketing first of all customer's appointment is fixed on telephone or mobile
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Question 201 Mark
Which modern facilities are found in shopping malls for customers?
Answer
We find modern facilities like restaurant, entertainment etc. in shopping mall.
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Question 211 Mark
What is the main activity of super market?
Answer
Super markets purchase in bulk quantity from prestigious companies or manufacturers and sell at reasonable price to customers.
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Question 221 Mark
Who is called temporary traders?
Answer
Those who sell on specific occasions, on festivals or during specific seasons are called temporary traders.
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Question 231 Mark
Normally, which things hawkers sell?
Answer
The hawkers normally sell newspapers, vegetables, fruits, toys and consumable items.
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Question 241 Mark
When does retailer sell product at lower than his cost or at cost?
Answer
When change comes in fashion, taste, design or technology the retailer sells product at cost or lower than cost.
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Question 251 Mark
Which after sales service is provided by the retailer?
Answer
The retailer provides after sale service of repairing, taking back damaged goods, or get it changed etc.
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Question 261 Mark
Due to which service of retailer, customer's time is saved?
Answer
Retailer provides the home delivery service which saves the time of his customers.
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Question 271 Mark
How does retailer offer customer opportunity of selection regarding product?
Answer
Retail traders keep products of various manufacturers as per the demand of customers.
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Question 281 Mark
How does the wholesaler guide retailer?
Answer
The wholesaler guides the retailer regarding the price of the products and its use. He guides regarding to its sale too.
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Question 291 Mark
Why the manufacturer does not store the goods (product)?
Answer
The manufacturer does not store his production because the wholesaler stores it in his go down.
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Question 301 Mark
From whom does wholesaler called information and who does he send it to?
Answer
The wholesaler collects information regarding demands, likes, selection, fashion etc. from the retailers and forwards it to the manufacturer.
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Question 311 Mark
Which are the benefits of easy transportation in internal trade?
Answer
Due to easy transportation time is saved. Less risk, direct contact between seller and buyer etc., are its benefits.
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Question 321 Mark
Which things are the same in internal trader?
Answer
" Currency of the concerned nation, weight, business laws and business system are the same in internal trade.
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Question 331 Mark
Why do producers send their products in various areas?
Answer
Distribution of natural resources is uneven in the nation. So the producers send their products in different area.
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Question 341 Mark
Which products are sold through television marketing method?
Answer
Through television marketing system, household products, luxury products, and products of comfort are sold.
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Question 351 Mark
How are customers attracted by television marketing
Answer
Live demonstration of the product is showed in television marketing. Complete information regarding product or service is provided though television marketing.
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Question 361 Mark
What is being done in the second stage of telephonic marketing?
Answer
In the second stage, personal visit is conducted and the customer is informed about proudly and services.
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Question 371 Mark
Which expenses are reduced through automatic vending machines?
Answer
Salesman's salary, and franchise expenses are reduced if business is carried through vending machine.
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1 Marks Each - OCM STD 11 Commerce Questions - Vidyadip