Please select a subject first
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State whether the following statement is true or false:
The term market is derived from the Latin word ‘Mercatus’.
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The market may be defined as aggregate demand by potential buyers for a product or service.
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______ is the place where transaction of buying and selling of goods and services take place in exchange for money or money's worth.
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Select the correct option and complete the table.
(Mercatus, Industrial goods, Oligopoly, E. Jerome McCarthy, Booms & Bitner)
| Group 'A' | Group ‘B’ |
| 1. Commodity Market | ____________ |
| 2. ____________ | A few sellers |
| 3. ____________ | To trade merchandise |
| 4. 4Ps | __________________ |
| 5. ____________ | 3Ps |
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Answer in one sentence.
Define Market.
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Explain the following term/concept.
Place Concept of Market
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Explain the following term/concept.
Commodity Concept of Market
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Explain the following term/concept.
Digital Concept of Market
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Explain in detail the concepts of marketing.
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what is the need for social responsibility?
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Explain in detail different business services.
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Match the correct pairs.
| Group A | Group B |
| A. Henry Fayol | 1. One Head One Plan |
| B. Principle of Unity of Direction | 2. gangplank |
| C. Nature of principles of Management | 3. to do work in an innovative way |
| D. Principles of Initiative | 4. team spirit |
| E. Principle of Discipline | 5. Father of Modern Management |
| 6. general guidelines | |
| 7. right to take decisions | |
| 8. F W Taylor | |
| 9. remuneration | |
| 10. obey and respect the rules |
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Write a word or phrase or a term which can substitute the following:
Detailed program of future course of action.
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The area concept of market is related to exchange concept.
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E-commerce is a branch of ___________.
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E-commerce is a branch of ___________.
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The term market is derived from the ___________ word ‘Mercatus’.
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Select the correct option.
(Innovation, niche tourism, agro-tourism, entrepreneurship, Startup India)
| Group A | Group B |
| A. the idea of bringing urban residents to agricultural farm | _____________________ |
| B. Agro tourism is form of | _____________________ |
| C. __________________ | To introduce new combination of products and features |
| D. A full-time job which requires dedication and hard work. | _____________________ |
| E. ______________ | Entity having headquarter in India |
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