Please select a subject first
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Justify the following statement.
The role of media has a major influence on business organizations.
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What is the social responsibility of commercial organizations? towards consumers?
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What is corporate social responsibility?
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Define the concept of social responsibility.
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The main objective of the consumer organization is to protect the interest of the ______.
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______ is celebrated as World Consumer Day.
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Match the pair.
| Group A | Group B | ||
| A) | King of the market |
1) |
1930 |
| B) | National Commission | 2) | Socialist |
| C) | Mumbai Grahak Panchayat | 3) | Exceeds Rs. ten crore |
| D) | Sale of Goods Act | 4) | Non-Government Organization |
| E) | Consumer Right | 5) | Consumer |
| 6) | Legislative Measures | ||
| 7) | Exceeds Rs. One crore but does not exceeds Rs. ten crores. | ||
| 8) | 1956 | ||
| 9) | Consumer Protection Act | ||
| 10) | Right to information | ||
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Give one word/phrase/term for the following sentence.
One who consumes or uses any commodity or service.
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The term market is derived from the ______ word ‘Mercatus’.
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Match the pairs.
| Group A | Group B | ||
| A) | Market | 1) | Single Seller |
| B) | Registered brands | 2) | Stock Market |
| C) | Monopoly | 3) | Distinct Name |
| D) | Branding | 4) | Mercatus |
| E) | Digital Marketing | 5) | Single Buyer |
| 6) | lSI | ||
| 7) | Trademark | ||
| 8) | Use of traditional media | ||
| 9) | Multiple sellers | ||
| 10) | Use of digital media | ||
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Write a word/term/phrase for the following sentence.
The market for the commodities which are produced in one country and sold in another countries.
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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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