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

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Commercial Applications
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With reference to functions of Human Resource Management, explain procurement function.

[3.1] Importance of Human Resource
Chapter: [3.1] Importance of Human Resource
Concept: undefined >> undefined

Explain various types of Overheads.

[2.4] Fundamental Concept of Cost
Chapter: [2.4] Fundamental Concept of Cost
Concept: undefined >> undefined

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What is a Central Bank?

[2.3] Banking and Bank Transactions
Chapter: [2.3] Banking and Bank Transactions
Concept: undefined >> undefined

______ account is prepared to ascertain surplus or deficit at the end of an accounting year.

[2.2] Principles of Financial Accounting and Reporting
Chapter: [2.2] Principles of Financial Accounting and Reporting
Concept: undefined >> undefined

Public Banks are the banks which are ______.

[2.3] Banking and Bank Transactions
Chapter: [2.3] Banking and Bank Transactions
Concept: undefined >> undefined

Which function of Human Resource Management specifies that improvement in personality and interest is required to get maximum satisfaction from their work?

[3.1] Importance of Human Resource
Chapter: [3.1] Importance of Human Resource
Concept: undefined >> undefined

Identify which of the following concept is NOT required to avoid excessive consumption?

[4.2] Issues of the Environment
Chapter: [4.2] Issues of the Environment
Concept: undefined >> undefined

Justify the following sentence for or against and give a reason:

The function of Human Resource Management is advisory in nature.

[3.1] Importance of Human Resource
Chapter: [3.1] Importance of Human Resource
Concept: undefined >> undefined

How will Income and Expenditure account benefit a non-trading sports organisation?

[2.2] Principles of Financial Accounting and Reporting
Chapter: [2.2] Principles of Financial Accounting and Reporting
Concept: undefined >> undefined

Name and give examples of any two types of Overheads.

[2.4] Fundamental Concept of Cost
Chapter: [2.4] Fundamental Concept of Cost
Concept: undefined >> undefined

How is Receipts & Payments Account different from Income & Expenditure Account?

[2.2] Principles of Financial Accounting and Reporting
Chapter: [2.2] Principles of Financial Accounting and Reporting
Concept: undefined >> undefined

What do you mean by the term sales?

[1.4] Sales and the Selling Process
Chapter: [1.4] Sales and the Selling Process
Concept: undefined >> undefined

CASE STUDY

Tata Motors-owned Jaguar Land Rover on Friday reported a 4.9 per cent declinein retail sales at 88,121 units in the second quarter ended on September 30, 2020. The company had posted retail sales of 92,710 units in the same quarter previous fiscal year, Sales of the Jaguar brand were at 17,340 units in the second quarter as against 19248 units in the year-ago period, down 9.9 per cent. Similarly, sales of Land Rover brand were down 3.63 per cent at 70,781 units as compared to 73,462 units in the same quarter a year ago.

While there was improvement in sales in the second quarter, it remained constrained by semiconductor shortages, the company said in a statement. "The company continues to see strong demand for its products, with global retail orders again setting new records in the quarter,” it said adding, as on September 30, 2022, the total order book has grown to 2.05 lakh units, up around 5,000 orders from June 30, 2022.

Demand for the new Range Rover, new Range Rover Sport and Defender remained strong, accounting for over 1.45 lakh of the 2.05 lakh orders, it added.

With reference to above case study, answer the following questions:

  1. Explain the advantages of training Tata motor employees.
  2. Analyse and advise on any two suitable promotional mix for Tata motors.
  3. In the context of above case study, Analyze any five advantages of advertising to manufacturers.
[1.2] Marketing Mix - 4 P’S
Chapter: [1.2] Marketing Mix - 4 P’S
Concept: undefined >> undefined

______ means amount spent on production or to provide services.

[2.4] Fundamental Concept of Cost
Chapter: [2.4] Fundamental Concept of Cost
Concept: undefined >> undefined

Explain different elements of cost.

[2.4] Fundamental Concept of Cost
Chapter: [2.4] Fundamental Concept of Cost
Concept: undefined >> undefined

What do you mean by the term Overheads?

[2.4] Fundamental Concept of Cost
Chapter: [2.4] Fundamental Concept of Cost
Concept: undefined >> undefined

Which one of the following is not one of the Ps of marketing?

[1.2] Marketing Mix - 4 P’S
Chapter: [1.2] Marketing Mix - 4 P’S
Concept: undefined >> undefined

______ denotes the money value of a product or service. It is the amount of money seller is asking for the product or service he offers for sale or the amount which buyers are to pay for it.

[1.2] Marketing Mix - 4 P’S
Chapter: [1.2] Marketing Mix - 4 P’S
Concept: undefined >> undefined

Marketing mix for products consists of ______.

[1.2] Marketing Mix - 4 P’S
Chapter: [1.2] Marketing Mix - 4 P’S
Concept: undefined >> undefined

Transportation, warehousing, inventory relates to ______.

[1.2] Marketing Mix - 4 P’S
Chapter: [1.2] Marketing Mix - 4 P’S
Concept: undefined >> undefined
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