Podcast
Questions and Answers
What does 'method' refer to in the context of the enterprise?
What does 'method' refer to in the context of the enterprise?
- Efficient production processes (correct)
- Product acceptability in the market
- Profitable production systems
- Detailed information of a product
What factors are considered when selecting materials for production?
What factors are considered when selecting materials for production?
- Cost and quality
- Quality and availability
- Cost, quality, and availability (correct)
- Cost, quality, and acceptability in the market
What market research tools are used to determine the product's acceptability?
What market research tools are used to determine the product's acceptability?
- Focus Group Discussion
- Product Demonstration
- Both a & b (correct)
- None of the above
What does 'processes' represent in the 4 M's of production?
What does 'processes' represent in the 4 M's of production?
In the 4 M's of production, what is an example of 'machine'?
In the 4 M's of production, what is an example of 'machine'?
What is one of the primary objectives of conducting a Market Survey?
What is one of the primary objectives of conducting a Market Survey?
What refers to the process of converting raw materials into something useful?
What refers to the process of converting raw materials into something useful?
Which of the following is NOT included in the 4 M’s of Production?
Which of the following is NOT included in the 4 M’s of Production?
What is the essential element of production which refers to the employees of an enterprise?
What is the essential element of production which refers to the employees of an enterprise?
Which of the following balance sheet accounts belongs to current assets?
Which of the following balance sheet accounts belongs to current assets?
Which statement is true about product description and market research?
Which statement is true about product description and market research?
What traditional way of collecting information about potential buyers or existing customers is mentioned in the text?
What traditional way of collecting information about potential buyers or existing customers is mentioned in the text?
Which statement is true about conducting market research?
Which statement is true about conducting market research?
In income classification, who belongs to low middle class according to the text?
In income classification, who belongs to low middle class according to the text?
