हिंदी

Goyal Brothers Prakashan solutions for Commercial Applications [English] Class 10 ICSE chapter 1 - Markets and Marketing [Latest edition]

Advertisements

Chapters

Goyal Brothers Prakashan solutions for Commercial Applications [English] Class 10 ICSE chapter 1 - Markets and Marketing - Shaalaa.com
Advertisements

Solutions for Chapter 1: Markets and Marketing

Below listed, you can find solutions for Chapter 1 of CISCE Goyal Brothers Prakashan for Commercial Applications [English] Class 10 ICSE.


EXERCISESQUESTION BANK
EXERCISES [Pages 9 - 13]

Goyal Brothers Prakashan solutions for Commercial Applications [English] Class 10 ICSE 1 Markets and Marketing EXERCISES [Pages 9 - 13]

MULTIPLE CHOICE QUESTIONS.

EXERCISES | Q 1. | Page 9

Societal concept of ______ is most popular in todays era.

  • Selling

  • Production

  • Marketing

  • None of these

EXERCISES | Q 2. | Page 9

Marketing is a ______ process.

  • Social

  • Individual

  • Two people

  • None of these

EXERCISES | Q 3. | Page 9

Which is intangible among the following?

  • Product

  • Services

  • Products & services

  • Sales

EXERCISES | Q 4. | Page 9

Selling involves ______ of goods and services.

  • Distribution

  • Exchange

  • Advertisement

  • None of these

EXERCISES | Q 5. | Page 10

Which of the following is not the feature of marketing?

  • Exchange mechanism

  • Customer value

  • Corrective action

  • All of these

EXERCISES | Q 6. | Page 10

Which function of management starts before production and continues even after sale?

  • Planning

  • Controlling

  • Marketing

  • Directing

EXERCISES | Q 7. | Page 10

______ philosophy suggests, that, the organisation should earn profit through volume of production.

  • Production concept

  • Marketing concept

  • Pricing concept

  • Societal concept

EXERCISES | Q 8. | Page 10

Which marketing concept places importance to attract and persuade customers to buy the products?

  • Selling concept

  • Production concept

  • Product concept

  • Societal concept

EXERCISES | Q 9. | Page 10

A place for buying and selling activities is called ______.

  • Market

  • Marketing

  • Market research

  • Market information

EXERCISES | Q 10. | Page 10

Which of the following is the feature of the marketing?

  • Needs and wants

  • Creating a market offering

  • Customer value

  • All of these

EXERCISES | Q 11. | Page 10

The key customer markets consist of ______.

  • Government markets

  • Business markets

  • Consumer markets

  • All of these

EXERCISES | Q 12. | Page 10

The term 'marketing' refers to ______.

  • Advertising, sales promotion, publicity and public relational activities

  • A new product needs ideas, developments, concepts and improvements

  • Sales planning, strategy and implementation

  • A philosophy that stresses customer value and satisfaction

EXERCISES | Q 13. | Page 10

The ultimate aim of the marketing is to provide ______.

  • More business to the company

  • More profit

  • More staff

  • More production

EXERCISES | Q 14. | Page 10

"It is a set-off tangible and physical attributes such as material colour, design, size, weight, etc., assembled in an identifiable form better seller offers to customers for sale." What is it?

  • Service

  • Price

  • Product

  • Place

EXERCISES | Q 15. | Page 10

Which of the following is not a services?

  • Hospital

  • Banking

  • Insurance

  • None of these

  • Warehousing

  • Transportation

EXERCISES | Q 16. | Page 10

Bread and milk are which kind of products?

  • Specialty Products

  • Convenience products

  • Shopping products

  • Unsought products

EXERCISES | Q 17. | Page 10

What is the basic property of a service which makes it different from a product.

  • Shape

  • Size

  • Very expensive

  • Intangibility

EXERCISES | Q 18. | Page 10

______ is an interaction where as ______ is a process.

  • Sales, selling

  • Market, marketing

  • Product, promotion

  • Cost, pricing

EXERCISES | Q 19. | Page 10

Which of the following is not a services?

  • Hospital

  • Banking

  • Insurance

  • None of these

  • Warehousing

  • Transportation

EXERCISES | Q 20. | Page 10

A ______ is technology based whereas a ______ is person-based.

  • Sales, product

  • Product, market

  • Product, promotion

  • Product, service

EXERCISES | Q 21. | Page 10

These products are used for further production of goods and services.

  • Consumer products

  • Industrial products

  • Financial products

  • None of these

EXERCISES | Q 22. | Page 10

The asset which can only be perceived indirectly such as an insurance policy is called ______.

  • Tangible product

  • Intangible product

  • Service

  • None of these

EXERCISES | Q 23. | Page 10

Choose the correct statement.

  • Marketing is the process of transferring the ownership from producer to buyer.

  • Selling is a wider term then marketing.

  • Marketing seeks to create demand, to satisfy the customers, to increase markets shares etc.

  • None of the above

EXERCISES | Q 24. | Page 11

______ is not a type of marketing concept.

  • The production concept

  • The selling concept

  • The societal marketing concept

  • The supplier concept

EXERCISES | Q 25. | Page 11

______ are products bought by individuals and organisations for further processing or for use in conducting a business.

  • Consumer products

  • Specialty products

  • Industrial products

  • Personal Products

EXERCISES | Q 26. | Page 11

Modern marketing is ______ oriented.

  • Customer

  • Producer

  • Seller

  • Supplier

EXERCISES | Q 27. | Page 11

Which of the following is not the characteristics of marketing?

  • Marketing is customer-oriented

  • Marketing is goal-oriented

  • Marketing is an art as well as science

  • Focus on transferring ownership only

EXERCISES | Q 28. | Page 11

A ______ is an intangible product involving a deed, a performance or an effort that cannot be stored or physically possessed.

  • Production

  • Consumption

  • Service

  • All of these

EXERCISES | Q 29. | Page 11

______ makes a service different from a product.

  • Pricing

  • Intangibility

  • Ubiquity

  • Liquidity

EXERCISES | Q 30. | Page 11

______ means exchange of a product, or service between a buyer and a seller while ______ means all the activities involved in planning, pricing, promoting and distributing want satisfying products and services.

  • Sales, selling

  • Market, marketing

  • Product, promotion

  • Cost, pricing

EXERCISES | Q 31. | Page 11

A company must balance profits, consumer satisfaction and public welfare. Which stage of marketing emphasises on the given statement?

  • Sales-oriented stage

  • Product-oriented stage

  • Societal marketing stage

  • Marketing-oriented stage

EXERCISES | Q 32. | Page 11

During the stage, from 1950-1960; marketers' focus shifted from promotion to product improvement?

  • Marketing oriented stage

  • Product oriented stage

  • Production oriented stage

  • Sales oriented stage

EXERCISES | Q 33. | Page 11

______ is the type of market on the basis of nature of goods.

  • Wholesale market

  • Retail market

  • Money market

  • Consumers' market

EXERCISES | Q 34. | Page 11

In this type of market, customers select goods by reading the detailed literature and examining the samples:

  • Mail order market

  • Tele market

  • Catalogue market

  • Online market

EXERCISES | Q 35. | Page 11

In this stage of marketing, the motto was to 'Sell what can be produced':

  • Product oriented stage

  • Production oriented stage

  • Marketing oriented stage

  • Sales oriented stage

EXERCISES | Q 36. | Page 11

The products bought after comparing quality, price, etc of different brands are known as ______.

  • Shopping products

  • Speciality products

  • Industrial products

  • Convenience products

EXERCISES | Q 37. | Page 11

In which type of market, products are advertised and demonstrated on television?

  • TV advertisement

  • Newspaper advertisement

  • Tele market

  • Network market

EXERCISES | Q 38. | Page 11

The activity involved in planning, pricing, promoting and distributing products and services is called?

  • Marketing

  • Selling

  • Advertising

  • Publicity

EXERCISES | Q 39. | Page 11

A market is a mechanism through which ______ are exchanged.

  • Products and services

  • Products and capital

  • Services and brands

  • Patents and services

EXERCISES | Q 40. | Page 12

Economic, social, legal and other forces influence marketing activities therefore, marketing is ______.

  • A system

  • Persuasive

  • Part of total environment

  • creative

EXERCISES | Q 41. | Page 12

Modern marketing has created several non-traditional markets' like ______.

  • Future market

  • The international market

  • Automatic vending machines

  • The consumers' market

EXERCISES | Q 42. | Page 12

On the basis of geographical area, market is classified into?

  • In-house market

  • Regional market

  • Primary market

  • Spot market

EXERCISES | Q 43. | Page 12

Marketing was considered to be mere distribution in this stage of Marketing:

  • Production-oriented stage

  • Sales-oriented stage

  • Product-oriented stage

  • Marketing-oriented stage

EXERCISES | Q 44. | Page 12

In non-business organization marketing is necessary for ______.

  • Creating demand

  • Facing competition

  • Spreading socially useful ideas

  • Widening market

EXERCISES | Q 45. | Page 12

______ is not a concept of market.

  • Area concept

  • Demand concept

  • People concept

  • Supplier concept

EXERCISES | Q 46. | Page 12

Caveat vendor is a principle of ______.

  • Marketing

  • Selling

  • Personal Selling

  • Advertising

EXERCISES | Q 47. | Page 12

Which of the follwing is not a feature of service?

  • Life Cycle

  • Perishability

  • Inseparability of buyers and sellers

  • Variability

SHORT-ANSWER QUESTIONS.

EXERCISES | Q 1. | Page 12

Define a market.

EXERCISES | Q 2. | Page 12

Briefly explain the term 'Marketing Oriented Stage.'

EXERCISES | Q 3. | Page 12

What is meant by inhouse market?

EXERCISES | Q 4. | Page 12

Give two differences between the production oriented stage and product oriented stage of marketing.

EXERCISES | Q 5. | Page 12

Distinguish between market and marketing.

EXERCISES | Q 6. (i) | Page 12

What are convenience products?

EXERCISES | Q 6. (ii) | Page 12

Give two examples of convenience products.

EXERCISES | Q 7. | Page 12

Distinguish between Capital Market and Money Market.

EXERCISES | Q 8. (a) | Page 12

Give one difference between Primary market and secondary market.

EXERCISES | Q 8. (b) | Page 12

Give one difference between Consumer product and Industrial product.

EXERCISES | Q 8. (c) | Page 12

Give one difference between Commodity market and Capital market.

EXERCISES | Q 9. | Page 12

On the basis of ownership, distinguish between a product and a service.

EXERCISES | Q 10. | Page 12

Why is it said that marketing is pervasive?

EXERCISES | Q 11. | Page 12

Name four types of markets on the basis of area.

EXERCISES | Q 12. | Page 12

"Services are not homogeneous". Justify with reason.

EXERCISES | Q 13. | Page 12

List any two features of a Service.

EXERCISES | Q 14. | Page 12

State one difference between spot market and future market.

EXERCISES | Q 15. | Page 12

"Today's Market Concept is known as Consumer Oriented Concept". Give a reason either for or against this statement.

EXERCISES | Q 16. | Page 12

It is marketing which has converted yesterday's luxuries into today's necessities. Justify for or against.

EXERCISES | Q 17. | Page 12

Write a short note on Social Marketing stage.

LONG-ANSWER QUESTIONS.

EXERCISES | Q 1. a | Page 13

What is meant by the term 'services'?

EXERCISES | Q 1. b | Page 13

Explain the main characteristics of services.

EXERCISES | Q 2. | Page 13

Distinguish clearly between products and services, giving examples.

EXERCISES | Q 3. | Page 13

In which stage of marketing is the consumer considered the king? Explain this stage briefly.

EXERCISES | Q 4. | Page 13

Why is marketing considered an integrated process?

EXERCISES | Q 5. | Page 13

Classify markets on the basis of geographical area.

EXERCISES | Q 6. | Page 13

Mention the main features of a product. Explain any two in detail.

EXERCISES | Q 7. | Page 13

Explain any two stages in the evolution of marketing.

EXERCISES | Q 8. | Page 13

Why are services becoming important? Give three reasons.

EXERCISES | Q 9. | Page 13

What is the role of marketing in a commercial organisation? Explain with reference to Indian economy.

EXERCISES | Q 10. | Page 13

Marketing has gone through three distinct stages. Explain them in brief.

EXERCISES | Q 11. | Page 13

Marketing has gone through three distinct stages. Explain them in brief.

EXERCISES | Q 12. | Page 13

Discuss the Sales Oriented and Product Oriented stages of marketing.

EXERCISES | Q 13. | Page 13

Why are services becoming important? Give three reasons.

EXERCISES | Q 14. | Page 13

Modern marketing has created several non-traditional markets. Explain the main types of non-traditional markets.

EXERCISES | Q 15. | Page 13

Modern marketing has created several non-traditional markets. Explain the main types of non-traditional markets.

QUESTION BANK [Pages 13 - 17]

Goyal Brothers Prakashan solutions for Commercial Applications [English] Class 10 ICSE 1 Markets and Marketing QUESTION BANK [Pages 13 - 17]

QUESTION BANK | Q 1. | Page 13

What is a market?

QUESTION BANK | Q 2. | Page 13

Explain non-traditional markets.

QUESTION BANK | Q 3. | Page 14

What is marketing?

QUESTION BANK | Q 4. | Page 14

Distinguish between market and marketing.

QUESTION BANK | Q 5. | Page 14

Classify markets on the basis of geographical area.

QUESTION BANK | Q 6. | Page 14

Classify markets on the basis of subject of exchange.

QUESTION BANK | Q 7. | Page 14

Classify markets on the basis of the volume of business done.

QUESTION BANK | Q 8. | Page 14

Give one point of difference between mail order shopping and teleshopping.

QUESTION BANK | Q 9. | Page 14

Why is marketing considered an integrated process?

QUESTION BANK | Q 10. | Page 14

Explain the role of marketing.

QUESTION BANK | Q 11. | Page 15

Name the stages of marketing.

QUESTION BANK | Q 12. | Page 15

In which stage of marketing is the consumer considered the king? Explain this stage briefly.

QUESTION BANK | Q 13. | Page 15

Explain any two stages of marketing.

QUESTION BANK | Q 14. | Page 15

Define a product.

QUESTION BANK | Q 15. | Page 15

Define a service.

QUESTION BANK | Q 16. | Page 16

Distinguish between consumer products and industrial products.

QUESTION BANK | Q 17. | Page 16

Explain various types of products.

QUESTION BANK | Q 18. | Page 16

Explain various types of services.

QUESTION BANK | Q 19. (i) | Page 16

What are convenience products?

QUESTION BANK | Q 19. (ii) | Page 16

Give two examples of convenience products.

QUESTION BANK | Q 20. | Page 16

Mention the main features of a product. Explain any two in detail.

QUESTION BANK | Q 21. | Page 16

Mention the main features of a product.

QUESTION BANK | Q 22. | Page 17

Mention the main features of services.

QUESTION BANK | Q 23. | Page 17

Differentiate between a product and a service.

QUESTION BANK | Q 24. (i) | Page 17

Give two differences between the production oriented stage and product oriented stage of marketing.

QUESTION BANK | Q 24. (ii) | Page 17

Give one difference between Primary market and secondary market.

QUESTION BANK | Q 24. (iii) | Page 17

Distinguish between Capital Market and Money Market.

QUESTION BANK | Q 24. (iv) | Page 17

Give one difference between Commodity market and Capital market.

QUESTION BANK | Q 24. (v) | Page 17

State one difference between spot market and future market.

Solutions for 1: Markets and Marketing

EXERCISESQUESTION BANK
Goyal Brothers Prakashan solutions for Commercial Applications [English] Class 10 ICSE chapter 1 - Markets and Marketing - Shaalaa.com

Goyal Brothers Prakashan solutions for Commercial Applications [English] Class 10 ICSE chapter 1 - Markets and Marketing

Shaalaa.com has the CISCE Mathematics Commercial Applications [English] Class 10 ICSE CISCE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. Goyal Brothers Prakashan solutions for Mathematics Commercial Applications [English] Class 10 ICSE CISCE 1 (Markets and Marketing) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.

Further, we at Shaalaa.com provide such solutions so students can prepare for written exams. Goyal Brothers Prakashan textbook solutions can be a core help for self-study and provide excellent self-help guidance for students.

Concepts covered in Commercial Applications [English] Class 10 ICSE chapter 1 Markets and Marketing are Concept of Market, Marketing, Types of Markets, Stages of Marketing, Role of Marketing, Meaning and Nature of Product, Meaning and Nature of Service, Difference Between a Product and a Service (With Examples), Reasons for Increasing Importance of Services.

Using Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE solutions Markets and Marketing exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in Goyal Brothers Prakashan Solutions are essential questions that can be asked in the final exam. Maximum CISCE Commercial Applications [English] Class 10 ICSE students prefer Goyal Brothers Prakashan Textbook Solutions to score more in exams.

Get the free view of Chapter 1, Markets and Marketing Commercial Applications [English] Class 10 ICSE additional questions for Mathematics Commercial Applications [English] Class 10 ICSE CISCE, and you can use Shaalaa.com to keep it handy for your exam preparation.

Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×