Business Studies Quiz 2

A major decision area under one of the functions of marketing is the decision regarding marketing intermediaries to be used. Name the function.

The Statement “Planning is a primary function”, suggests that……

“The nature of the relationship of our country with foreign countries”, is a major element of which of the following components of the Business Environment?

Which of the following statements is incorrect?

Planning is closely connected with ____________ and ____________

_____________ is an important function of marketing which is important not only for protection of the product but also serves as a promotional tool.

As part of regulations to be followed by advertisers, the advertisement for a new brand of baby food for infants provides important information for potential buyers that it is “Not recommended for infants under the age of four months”. Which dimension of the business environment is highlighted in the above statement?

The principle of management given by Fayol which aims at preventing overlapping of activities is:

_________________ensures that the subordinate performs tasks on behalf of the manager thereby reducing his workload and providing him with more time to concentrate on important matters.

___________ is a process of classification of products into different groups on the basis of some important characteristics such as quality, size, etc.