Question : Which of the following statement is correct? Statement 1: Labeling is used as an ineffective sales promotional tool. Statement 2: Labelling is to provide statutory warning required by law.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Statement 1 is false and statement 2 is true.
Solution : Labeling is used as effective sales promotional tool. Labelling is to provide statutory warning required by law. To put "smoking is injurious to health" on the package of cigarette and "chewing tobacco is injurious to health" on the package of Pan masala are the examples of statutory warning.
Hence, option D is correct.
Question : Which of the following statement is correct? Statement 1: Commercial bill used to finance the cash sales. Statement 2: Commercial bill is a short term instrument generally issued for a period of 90 days.
Question : Statement 1:The object of enterpreneurship is law full business. Statement 2: Entrepreneurship has certain temperamental,skill and other knowledge and competency requirements that can be acquired.
Question : Which of the following statements are true?
Statement 1- Fines are former imposed to maintain law and order.
Statement 2- Fines are later impose to generate revenue.
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.
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