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

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Commercial Studies
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The cost which changes as per the levels of production is ______.

[3.3] Fundamental Concept of Cost
Chapter: [3.3] Fundamental Concept of Cost
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The cost which does not vary proportionately but do not remain constant with changes in the volume of output are known as ______ cost.

[3.3] Fundamental Concept of Cost
Chapter: [3.3] Fundamental Concept of Cost
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Telephone cost is an example of ______ cost.

[3.3] Fundamental Concept of Cost
Chapter: [3.3] Fundamental Concept of Cost
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______ cost is activity based. It increases with increase in output.

[3.3] Fundamental Concept of Cost
Chapter: [3.3] Fundamental Concept of Cost
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Costs like rent, insurance etc. which do not change inspite of changes in the volume of output are ______ costs.

[3.3] Fundamental Concept of Cost
Chapter: [3.3] Fundamental Concept of Cost
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What is semi-variable cost?

[3.3] Fundamental Concept of Cost
Chapter: [3.3] Fundamental Concept of Cost
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Give one example of semi-variable cost.

[3.3] Fundamental Concept of Cost
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Distinguish between variable cost and semi-variable cost.

[3.3] Fundamental Concept of Cost
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What are fixed costs?

[3.3] Fundamental Concept of Cost
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Explain the conflicting needs of the stakeholders of a company.

[1] Stakeholders in Commercial Organisations
Chapter: [1] Stakeholders in Commercial Organisations
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Explain the expectations of government from a business enterprise.

[1] Stakeholders in Commercial Organisations
Chapter: [1] Stakeholders in Commercial Organisations
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Insurance, banking, beauty parlour etc. are examples of ______.

[2.1] Marketing and Sales
Chapter: [2.1] Marketing and Sales
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______ are intangible benefits, utilities and satisfactions which are offered for sale.

[2.1] Marketing and Sales
Chapter: [2.1] Marketing and Sales
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Insurance and banking are examples of ______.

[2.1] Marketing and Sales
Chapter: [2.1] Marketing and Sales
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An institution which is an expert at designing advertisements and releasing them through appropriate media is known as ______.

[2.2] Advertising and Sales Promotion
Chapter: [2.2] Advertising and Sales Promotion
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Two features of products are ______.

[2.1] Marketing and Sales
Chapter: [2.1] Marketing and Sales
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State any two characteristics of a service.

[2.1] Marketing and Sales
Chapter: [2.1] Marketing and Sales
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State two limitations of a budget.

[3.4] Budgeting
Chapter: [3.4] Budgeting
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Explain the features of a product.

[2.1] Marketing and Sales
Chapter: [2.1] Marketing and Sales
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What is an Advertising Agency? 

[2.2] Advertising and Sales Promotion
Chapter: [2.2] Advertising and Sales Promotion
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