Describe the functions of labeling in the marketing of products.
Functions of labelling in the marketing of product are discussed below:
What are the factors affecting determination of the price of a product or service? Explain.
A marketer of colour TV having 20% of the current market share of the country aims at enhancing the market share to 50 per cent in next three years. For achieving this objective he specified an action programme. Name the function of marketing being discussed above. (Ans. Marketing planning.)
What is marketing mix? What are its main elements? Explain.
For buyers of consumer durable products, what ‘customer care services’ would you plan as a manager of a firm marketing new brand of motorcycle. Discuss.
How does branding help in differential pricing?
Distinguish between convenience product and shopping product.
Discuss the role of intermediaries in the distribution of consumer non-durable products.
What information is generally placed on the package of a food product? Design a label for one of the food products of your choice.
What are industrial products? How are they different from consumer products? Explain.
Product is a bundle of utilities. Explain.
How does planning provide direction?
What is meant by staffing?
Identify the network of social relationships which arises spontaneously due to interaction at work.
What is informal communication?
State the meaning of controlling.
What is meant by capital structure?v
What is meant by management?
What is a Treasury Bill?
What makes principles of management flexible?
Under which consumer right does a business firm set up consumer grievance cell?
What is the jurisdiction of cases that can be filed in a State Commission?
Examine the relevance of Taylor’s scientific management principles in the service sector.
What is placement and why is it significant?
Discuss the significance of leadership in directing, with examples of different leadership styles.
Explain the redressal mechanism available to consumers under the Consumer Protection Act, 1986.
What is meant by recruitment? How is it different from selection?
State the basic features of management as a profession.
Explain the importance of financial planning for a business.
Describe Fayol's principle of 'Unity of Command' and its importance.
Explain the relationship between planning and controlling with examples.