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

What do you mean by ‘Indirect Material’?

Give two examples of Indirect Material.

Explain the different components of direct costs.

Explain the different components of indirect costs.

Classify the six stakeholders of a firm into internal and external stakeholders.

Money spent on advertisement is sheer wastage because: 

Distinguish between Primary stakeholders and Secondary stakeholders.

Define Direct Cost.

It is the basis for preparing plans and budgets.

Creating a monopoly is the demerit of ______.

______ is a demerit of advertising.

Which of the following is/are not the utility of budgets?

Which of the following are utility of budgets?

Budgets bring ______ to the working of a business firm.

Give any two suggestions to draw the attention of viewers to an advertisement of a product/service marketed by your company.

State any two demerits of advertising.

Mention two utilities of a budget.

Advertising encourages unhealthy consumption. Explain.

“Advertising is a social waste.” In this context explain the demerits of advertisement.

Discuss the advantages of budgets.