Difference between products and services - class-XII
| Description: difference between products and services | |
| Number of Questions: 57 | |
| Created by: Girish Devgan | |
| Tags: business studies organisation of commerce and management marketing and sales marketing commercial studies marketing management |
The Cobb-Douglass Production Function is often used as ____________.
__________ can reduce the quantity of defects product.
Which of the following is NOT normally a sign of poor morale amongst a workforce?
An advantage of recruitment from outside the company is ____________.
To bring inspiration and innovation to every athlete in the world is mission of -
Unique value auction is mainly applies to?
In case of_________ layout, production is carried on in special purpose machine.
Philosophy of marketing
- Product oriented marketing
- Production oriented marketing
- Sale oriented marketing
- Customer oriented marketing
- Social marketing
- Green marketing
The cost per unit of a product manufactured in a factory amounts to Rs 160 (75% variable) when the production is 10, 000 units. When production increases by 25%, the cost of production will be Rs per unit.
"What is the company's breakeven point: Selling price-Rs 6 per unit Variable production cost-Rs 1.20 per unit Variable selling cost-Rs 0.40 per unit Fixed production cost-Rs 4 per unit Fixed selling cost-Rs 0.80 per unit Budgeted production and ________________.
Which of the following is an active factor of production?
A person who is arrested and detained shall be produced before the nearest magistrate within a period of _____ of arrest.
Match the following.
| $1$. Tangible product | a) the physical entity together with the services it could render to the users |
|---|---|
| $2$. Extended product | b) the physical entity of the product |
| $3$. Geseric product | c) the essential or basic benefit a buyer expects to get from the product |
Three distinct concepts in a product is explained by.
Which is essential to make the product live up to the expectations of the consumers?
Product policies are applicable for.
Product policy is?
The important aspects analysed under product policy is/are.
Match the following.
| $1$. Breadth | a) Number of variety of products |
|---|---|
| $2$. Depth | b) Assortment of sizes, colours and models |
| $3$. Consistency | c) The close relationship of various products |
| d) Homogeneous products |
Product planning is the.
Product policy is?
If all the products sold are closely related in their usage or production etc. the mix can be called as _______.
The process of withdrawal is technically known as___________.
Fixing a standard for product is a.
Trade name brings out the.
When a manufacturer of high quality product starts selling a low quality of product, is termed as.
Product item refers to a___________.
Diversification means___________.
Product line refers to___________.
The period during which a product lives in the market is termed as its.
Public documents conferring certain rights, privileges, titles or offices, is termed as.
The higher price which in itself differentiate the product is known as.
Which of the following is not a pricing objective?
Which of the following pricing methods is usually adopted by Chain stores?
Cost-oriented pricing policy is also referred to as.
Pricing at the prevailing prices is also termed as.
Price lining policy is usually found among.
All activities which are undertaken to promote the side of products.
A pull blend emphasises.
Items, considered part of the augmented product, do not include________.
If the conversion period is arrived at as 10, it means ____________________.
________ products are the products in the purchase of which, consumers devote considerable time.
_______ are the products which are purchased frequently.
On the basis of durability, consumer goods are classified in four categories.
_______ products are the products which are used as an input to produce other products.
______ products are the products which have certain special features because of which people make special efforts while purchasing such products.
Our decision to buy a product is not only affected by its physical qualities but also its tangible and ___________ factors.
Which of the following is not a characteristic of industrial products?
The series of activities undertaken to create a product or deliver a service is called a _________.
The organisation tries to develop new products or services and thereby makes similar existing products obsolete. Which strategy does the organisation follow?
TQM's major emphasis is on __________.
If a retailer displays shampoo as a personal care item, as a fashion accessory or as a bath room product, then it presents an example of _____________.
Horizontal merger is a combination of ____________ in the same business and as the production process.
_____________ specifies the estimated quantity and cost of material during different volumes of production.
Sell _________ and not ______ is the statement given by steve is...
A company engaged in a cohol manufacturing merged with a cigarette manufacturing firm. What type of merger is this?