Questions

Q:

Designing pricing strategies and programs :

How do buyers respond to price changes?

Answer

Depending upon the increase or decrease in price rates, buyers may respond accordingly. Some buyers may assume that quality of the product may have reduced to to reduction in price or that the company may not be selling the product as per expectations. The other assumption that buyers may make is that prices may go down in the future and so may delay purchase. On the other hand increased price may lead to a decrease in demand as the product may be more costly for the consumers who may switch to another seller offering similar products at lower prices.

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Q:

What is Internal marketing?

Answer

Internal marketing is the process of motivating and empowering the employees of a company to work as a team for the overall well-being of the customers and thereby the company itself. This is actually the core to succes of a company. A harmonised effort  within the company is an utmost necessity to provide customers with services at a desired level. If a firm doesn't deliver the service it promises in its marketing campaign, it will fail for sure. And it only can keep that promise when all of its employees at all levels realise what actually it is going to deliver. 

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Q:

What is Benchmarking?

Answer

Benchmarking is the process of comparing one's business proceses and performance metrics to industry bests or best practices from other industries. Dimensions typically measured are quality, time and cost.

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Q:

What was the name of the mission that first landed men on the moon?

Answer

Apollo 11

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Q:

Which gas is not produced by volcanic eruptions?

A) Methane B) carbon dioxide
C) sulfur dioxide D) hydrochloric acid
 
Answer & Explanation Answer: A) Methane

Explanation:

Many toxic gases along with water vapour are emitted in vocanic eruptions. All such toxic gases include hydrochloric acid, sulfur dioxide, carbon dioxide, hydrogen sulfide and carbon monoxide. Methane is not produced in the volcanic eruptions.

which_gas_is_not_produced_by_volcanic_eruptions1559201445.jpg image

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Filed Under: Chemistry
Exam Prep: GATE , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

2 2092
Q:

Words that sound the same but are spelled different

words_that_sound_the_same_but_are_spelled_different1540289338.jpg image

A) Homonyms B) Homographs
C) Heteronyms D) Homophones
 
Answer & Explanation Answer: D) Homophones

Explanation:

Words that sound the same but are spelled different are called homophones. Homophones are a type of homonyms.

Some of the Examples of homophones are ::

One - Won

Son - Sun

Hole - Whole

Loan - Lone

Steal - Steel

Which - Witch

What - Watt

Sea - See

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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT , GRE , TOEFL
Job Role: Analyst , Bank Clerk , Bank PO , IT Trainer

1 2091
Q:

In the expansion phase of a business cycle

A) economy moves from peak to trough B) economy moves from contraction to peak
C) economy moves from trough to peak D) economy moves from trough to trough
 
Answer & Explanation Answer: C) economy moves from trough to peak

Explanation:

Business cycles are identified as having four distinct phases:

1. Expansion,

2. Peak,

3. Contraction, and

4. Trough.

Expansion is the phase of the business cycle when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak. A period of expansion is also known as an economic recovery.

An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 2091
Q:

FIFA 2018 World Cup won by

A) Croatia B) Brazil
C) Argentina D) France
 
Answer & Explanation Answer: D) France

Explanation:

France national football team has won the FIFA 2018 - an international football tournament contested by the men's national teams of the member associations of FIFA once every four years. It took place in Russia from 14 June to 15 July 2018.

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