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(English Medium) ICSE Class 10 - CISCE Question Bank Solutions for Commercial Applications

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Wages paid to a labour who was engaged in the production activities can be termed as ______.

[2.4] Fundamental Concept of Cost
Chapter: [2.4] Fundamental Concept of Cost
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Which of the following best describes a fixed cost?

[2.4] Fundamental Concept of Cost
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Fixed cost is a cost which remains same at ______.

[2.4] Fundamental Concept of Cost
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What is opportunity cost?

[2.4] Fundamental Concept of Cost
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Distinguish between controllable and uncontrollable costs.

[2.4] Fundamental Concept of Cost
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Distinguish between direct costs and indirect costs.

[2.4] Fundamental Concept of Cost
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Distinguish between shut down cost and sunk cost.

[2.4] Fundamental Concept of Cost
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Distinguish between Direct Labour cost and Indirect Labour cost.

[2.4] Fundamental Concept of Cost
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Which type of advertising focuses on a particular product or brand or service of an enterprise?

[1.3] Advertising and Brand Promotion
Chapter: [1.3] Advertising and Brand Promotion
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Give an example of opportunity cost.

[2.4] Fundamental Concept of Cost
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Societal concept of ______ is most popular in todays era.

[1.1] Markets and Marketing
Chapter: [1.1] Markets and Marketing
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Give two objectives of advertising.

[1.3] Advertising and Brand Promotion
Chapter: [1.3] Advertising and Brand Promotion
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Which function of management starts before production and continues even after sale?

[1.1] Markets and Marketing
Chapter: [1.1] Markets and Marketing
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______ philosophy suggests, that, the organisation should earn profit through volume of production.

[1.1] Markets and Marketing
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Which marketing concept places importance to attract and persuade customers to buy the products?

[1.1] Markets and Marketing
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A company must balance profits, consumer satisfaction and public welfare. Which stage of marketing emphasises on the given statement?

[1.1] Markets and Marketing
Chapter: [1.1] Markets and Marketing
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During the stage, from 1950-1960; marketers’ focus shifted from promotion to product improvement?

[1.1] Markets and Marketing
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In this stage of marketing, the motto was to ‘Sell what can be produced’:

[1.1] Markets and Marketing
Chapter: [1.1] Markets and Marketing
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The activity involved in planning, pricing, promoting and distributing products and services is called?

[1.1] Markets and Marketing
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Marketing was considered to be mere distribution in this stage of Marketing ______.

[1.1] Markets and Marketing
Chapter: [1.1] Markets and Marketing
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