Match the Pairs(Weightage 5 Marks)

1. Principles of Management

Group A

Group B

Market

Single Seller

Registered brands

Stock Market

Monopoly

Distinct Name

Branding

Mercatus

Digital Marketing

Single Buyer

 

lSI

 

Trademark

 

Use of traditional media

 

Multiple sellers

 

Use of digital media

 

Solution: 

 

Group A

Group B

Market

Mercatus

Registered brands

Trademark

Monopoly

Single seller

Branding

Distinct Name

Digital Marketing

Use of digital media

 

2. Functions of Management

Group A

Group B

Market

Single Seller

Registered brands

Stock Market

Monopoly

Distinct Name

Branding

Mercatus

Digital Marketing

Single Buyer

 

lSI

 

Trademark

 

Use of traditional media

 

Multiple sellers

 

Use of digital media

 

Solution: 

 

Group A

Group B

Market

Mercatus

Registered brands

Trademark

Monopoly

Single seller

Branding

Distinct Name

Digital Marketing

Use of digital media

 

3. Entrepreneurship Development

Group ‘A’

Group ‘B’

A. Gap filling function

1.2016

B. Entrepreneur

2. Employment

C. Agro tourism

3. Old methods of production

D. Technology

4. 2019

E. Startup India

5. Self-motivated

 

6. Rural tourism

 

7. Entrepreneurship

 

8. Latest knowledge

 

9. Necessity Based

 

10. Medical tourism

 

Solution: 

B. Entrepreneur

5. Self-motivated

C. Agro tourism

6. Rural tourism

D. Technology

8. Latest knowledge

E. Start up India

1.2016

4. Business Services

Group ‘A’

Group ‘B’

A) Air Transport

1) Time utility

B) Warehousing

2) Intangible in nature

C) Money remittance

3) Fast mode of transport

D) Pipeline Transport

4) April, 2019

E) Business Service

5) Western Union Money Transfer

 

6) Fixed deposit account

 

7) Petroleum and gas

 

8) Tangible

 

9) Place utility

 

10) Savings account

 

Solution: 


Group ‘A’

Group ‘B’

A) Air Transport

3) Fast mode of transport

B) Warehousing

1) Time utility

C) Money remittance

5) Western Union Money Transfer

D) Pipeline Transport

7) Petroleum and gas

E) Business Service

2) Intangible in nature

5. Emerging Modes of Business

Group ‘A’

Group ‘B’

A) E-business

1) Consumer to consumer

B) B2C

2) Exist everywhere

C) Outsourcing

3) First step

D) Digital cash

4) Business to Consumer

E) Registration

5) Electronic business

 

6) BPO

 

7) RTO

 

8) Efficient business

 

9) exist only in cyberspace

 

10) Last step

Solution: 

Group ‘A’

Group ‘B’

A) E-business

5) Electronic business

B) B2C

4) Business to Consumer

C) Outsourcing

6) BPO

D) Digital cash

9) exist only in cyberspace

E) Registration

3) First step

6. Social Responsibilities of Business

Group ‘A’

Group ‘B’

A) Employees

1) Good quality product

B) Responsibility to investor

2) To maintain solvency and prestige

C) Responsibility towards government

3) To serve society

D) Economic Objective

4) Voluntary

E) Business ethics

5) Job security

 

6) Compulsory

 

7) Respecting rules and regulations

 

8) To earn profit

 

9) Branch of social Science

 

10) Protection and environment

Solution:

Group ‘A’

Group ‘B’

A) Employees

5) Job security

B) Responsibility to investor

2) To maintain solvency and prestige

C) Responsibility towards government

7) Respecting rules and regulations

D) Economic Objective

8) To earn profit

E) Business ethics

9) Branch of social Science

7. Consumer Protection

Group A

Group B

A) King of the market

1) 1930

B) National Commission

2) Socialist

C) Mumbai Grahak Panchayat

3) Exceeds Rs. ten crore

D) Sale of Goods Act

4) Non-Government Organization

E) Consumer Right

5) Consumer

 

6) Legislative Measures

 

7) Exceeds Rs. One crore but does not exceeds Rs. ten crores.

 

8) 1956

 

9) Consumer Protection Act

 

10) Right to information

 

Solution: 

 

Group A

Group B

A) King of the market

5) Consumer

B) National Commission

3) Exceeds Rs. ten crore

C) Mumbai Grahak Panchayat

4) Non-Government Organization

D) Sale of Goods Act

1) 1930

E) Consumer Right

10) Right to information

 

8. Marketing

Group A

Group B

Market

Single Seller

Registered brands

Stock Market

Monopoly

Distinct Name

Branding

Mercatus

Digital Marketing

Single Buyer

 

lSI

 

Trademark

 

Use of traditional media

 

Multiple sellers

 

Use of digital media

 

Solution: 

 

Group A

Group B

Market

Mercatus

Registered brands

Trademark

Monopoly

Single seller

Branding

Distinct Name

Digital Marketing

Use of digital media