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Distinguish between controllable and uncontrollable costs.
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Distinguish between direct costs and indirect costs.
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Distinguish between shut down cost and sunk cost.
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Distinguish between Direct Labour cost and Indirect Labour cost.
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Which type of advertising focuses on a particular product or brand or service of an enterprise?
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Give an example of opportunity cost.
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Societal concept of ______ is most popular in todays era.
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Give two objectives of advertising.
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Which function of management starts before production and continues even after sale?
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______ philosophy suggests, that, the organisation should earn profit through volume of production.
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Which marketing concept places importance to attract and persuade customers to buy the products?
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A company must balance profits, consumer satisfaction and public welfare. Which stage of marketing emphasises on the given statement?
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During the stage, from 1950-1960; marketers' focus shifted from promotion to product improvement?
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In this stage of marketing, the motto was to 'Sell what can be produced':
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The activity involved in planning, pricing, promoting and distributing products and services is called?
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Marketing was considered to be mere distribution in this stage of Marketing:
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Briefly explain the term 'Marketing Oriented Stage.'
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Give two differences between the production oriented stage and product oriented stage of marketing.
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"Today's Market Concept is known as Consumer Oriented Concept". Give a reason either for or against this statement.
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In which stage of marketing is the consumer considered the king? Explain this stage briefly.
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