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

"Market is the set of all actual and ______ buyers of a product".

Marketing is a total system of interacting business activities design to plan, price, promote and distribute want satisfying goods and services to the benefit of potential ______.

Define the term 'cost'.

What is meant by research and development costs?

The word 'advertising' means turning of ______ to something. 

Any paid form of non-personal communication about an organisation, good, service or idea by an identified sponsor is called ______.

Who is a stakeholder in a Commercial Organisation?

"Stakeholders can have both positive and negative impact on a commercial organisation." Comment.

When customer expectations regarding product quality, service quality, and value-based price are met or exceeded, ______ is created.

With which element, exchange mechanism is related?

Which of the following is the most correct statement?

______ means exchanging goods for money and is production oriented.

A budget is tool which helps the management in planning and control of ______.

A ______ is a quantitative plan prepared in advance for a future time period.

Budgets are an important tool of ______.

A budget relates to a ______ period.

Marketing is ______.

Any paid form of non-personal presentation or promotion of ideas, goods or services by an identified sponsor is termed as ______. 

Name the two features of the marketing from the following.

What is marketing?