Sales
Question : What will be the Sundry debtors if, Debtor velocity = 6 months; Sales Rs.50,00,000; Bills receivable & bills payable were Rs.6,00,000 and Rs.36,667 respectively.
Option 1: Rs.19,00,000
Option 2: Rs.29,00,000
Option 3: Rs.25,00,000
Option 4: None of the above
Correct Answer: Rs.19,00,000
Solution : 6 = X/50,00,000 × 12 x = Account receivable = 25,00,000 Debtors + Bills receivable = Account receivable x + 6,00,000 = 25,00000 x = Debtors = 19,00,000 Hence option 1 is the correct answer.
Question : Assertion: Marketing management focuses on delivering customer value and satisfaction.
Reason: Marketing management is solely about increasing sales volume.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Solution : The correct answer is (b) Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
The assertion is true. Marketing management does
Question : Case Study:
ABC Sports Gear launches a contest where customers can win exclusive merchandise by participating in social media challenges. What sales promotion technique is being used here?
Option 1: Coupons
Option 2: Sweepstakes
Option 3: Free Samples
Option 4: Point-of-Purchase Displays
Correct Answer: Sweepstakes
Solution : The correct answer is (b) Sweepstakes .
In a sweepstakes, participants have a chance to win prizes or rewards by entering a contest or drawing. In this case, customers can win exclusive merchandise by participating in social media challenges, which aligns with the concept of
Question : Statement 1: The marketing concept does not focuses on building customer relationships and creating value.
Statement 2: Selling concept emphasizes aggressive promotional activities to drive sales.
Option 1: Both statements are correct.
Option 2: Statement 1 is correct, and statement 2 is false.
Option 3: Both statements are incorrect.
Option 4: Statement 2 is correct, and statement 1 is incorrect.
Correct Answer: Statement 1 is correct, and statement 2 is false.
Solution : The correct answer is (d).Statement 1 is incorrect.
The marketing concept focuses on building customer relationships and creating value. It assumes that customers are more likely to buy products or services from companies that they perceive as
Question : Statement 1: Selling concept aims to build customer loyalty and long-term relationships.
Statement 2: Marketing concept solely focuses on achieving short-term sales goals.
Solution : The correct answer is (b) Statement 1 is correct, and statement 2 is false.
Statement 1 is incorrect. The selling concept primarily focuses on short-term sales and transactions rather than building customer loyalty and long-term relationships. It
Question : The SWOT analysis includes the evaluation of:
Option 1: Strengths, weaknesses, opportunities, and threats
Option 2: Sales, wages, operations, and taxes
Option 3: Suppliers, workers, objectives, and targets
Option 4: Structure, work environment, organization, and training
Correct Answer: Strengths, weaknesses, opportunities, and threats
Solution : The correct answer is (a) Strengths, weaknesses, opportunities, and threats.
The SWOT analysis is a strategic planning tool used to assess an organization's internal strengths and weaknesses, as well as external opportunities and threats. It involves identifying and analyzing the organization's
Question : Questions : Business Finance and Its Meaning
Statement 1: Financial planning plays a vital role in allocating funds optimally.
Statement 2: Financial planning focuses solely on marketing and sales strategies.
Option 1: Statement 1 is true, and statement 2 is false.
Option 2: Statement 1 is false, and statement 2 is true.
Option 3: Both statements 1 and 2 are true.
Option 4: Both statements 1 and 2 are false.
Correct Answer: Statement 1 is true, and statement 2 is false.
Solution : The correct answer is (a) Statement 1 is true, and statement 2 is false.
Statement 1 is true. Financial planning plays a vital role in allocating funds optimally across various activities and departments within a business. It
Question : Find net value added at factor cost if:
i) Durable use producer goods with a life span of 10 years 10
ii) Single-use producer goods 5
iii) Sales 20
iv) Unsold output produced during a year 2
v) Taxes on production 1
Choose the correct alternative
Option 1: 14
Option 2: 15
Option 3: 18
Option 4: 20
Correct Answer: 15
Solution : The correct answer is (b) 15
To calculate the net value added at factor cost, we need to consider the following components:
1. Durable use producer goods with a life span of 10 years: This implies that the value of the durable goods is spread
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