Financial Market — Business Studies STD 12 Commerce — Question

Manvendra always went to a specific shop to buy all consumable and non-consumable goods. In this shop variety of products of different brands were displayed nicely and the sales person available also gave good sales presentation if required. But this shop was quite far off from his residence. His friend Annant always wondered why Manvendra wastes so much time in going to that shop where as there were many big brand shops situated near his residence having consumable and non-consumable goods.
Annant asked Manvendra the reason of going to that particular shop. Manvendra told that he was exercising one of his ‘Rights’ which he could not exercise in near-by big brand shops.
State the consumer’s right which Manvendra had exercised.

State the features of formal organisation.

What is a formal, in-depth conversation conducted to evaluate the applicant's suitability for job called?

What is feedback in communication process?

Mr. Harish gave his product, potato chips, the brand name "Yummy Crunchy'. Which quality of brand name is fulfilled here?

What should be done while ‘taking corrective action’ in the process of controlling, when especially in the important areas deviation go beyond the acceptable range?

Identify the method of sales-promotion in the following cases:
A mobile company offers a discount of ™1000 to clear off excess Inventory.

Rexol Ltd. follow a standard procedure for recruitment and selection of personnel for middle level management? Which type of plan is it?

State one advantage of branding to marketers.

Which Act of consumer protection provides safety to consumers against deficient services?