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

Standardised products are ______ in nature.

List any two features of a Service.

The process of assigning specific work to new employees is called ______.

Which one of these is a voluntary group promoting the participation of students in learning to improve their environment?

State any two advantages of cost-plus pricing strategy.

Which pricing strategy involves charging according to their competitors?

Explain the below mentioned pricing strategy:

Skimming pricing strategy

Explain the below mentioned pricing strategy:

Penetrating pricing strategy

Which of the following is not a services?

What is the basic property of a service which makes it different from a product.

A ______ is technology based whereas a ______ is person-based.

A ______ is an intangible product involving a deed, a performance or an effort that cannot be stored or physically possessed.

______ makes a service different from a product.

______ means exchange of a product, or service between a buyer and a seller while ______ means all the activities involved in planning, pricing, promoting and distributing want satisfying products and services.

On the basis of ownership, distinguish between a product and a service.

"Services are not homogeneous". Justify with reason.

Distinguish clearly between products and services, giving examples.

Differentiate between a product and a service.

It is also known as 'going rate pricing' or competition based pricing.

The process of eliminating unqualified and unfit job seekers based on the information supplied by them in their application is called ______.