Marketing Quiz questions with answers Online Questions & Answers
Metals contracts change arms in London and Shanghai when U.S. markets are closed. But the most important and most influential market for metals costs is the U.S. Although product information is important to consumers, information about changes in the market conditions for any number of goods and services is important to speculators. A second example is provided by smoking. We have known for decades that smoking cigarettes is harmful to the Some people want to make cigarette manufacturers liable for the health damage caused by smoking.
We can also classify markets based on the volume of business, which can mainly be classified as the retail and wholesale market. As the name suggests, short-period markets are generally for a shorter period of time which can range between hours or a month. These are mainly for perishable goods.
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An officer of the Board specially authorised by the Board in this behalf shall scrutinise the register at least once a year, and sign it in token of his scrutiny. Where the capacity for work and the integrity of a tenderer is not known his tender need not be necessarily rejected. But in such case an additional security not ordinarily exceeding 15% of the contract amount as the Committee consider necessary shall however be taken from such tenders if the circumstances so warrant. Where the lowest tender is rejected next lower tender shall be considered. If it is considered undesirable to accept that tender the next lower tender shall be considered.
The Agreements for Contract Farming may be seasonal or annual. All seasonal or annual Agreements shall be entered into before sowing of the crops in case of horticultural three crops, the time of Agreements may be at the stage of flowering, or at any stage deemed appropriate by the parties to the agreement. If registration or renewal is not granted for reasons, other than non-compliance of requirement of the conditions under the Act, the registration or renewal fee, as the case may be, shall be refunded after retaining 5%.of the fee paid towards administrative charges. Clearance Certificate regarding payment of dues to the Director, the concerned Regulated Market Committee, the VAT and Entry Tax Authorities and other local authorities, if any.
Licensed traders and general commission agents.- No person shall do business as a trader of a general commission agent in agricultural produce in any except under a licence by the Market Committee under this rule. The licensed trade to provide equipment for weighing and measuring. – The licensed trader shall provide or arrange to provide all such necessary authorised weights and measures and authorised weighing instruments at the time of taking delivery of agricultural produce sold in the market area as may be specified in the bye-laws. Licensed traders and general commission agents. – No person shall do business as a trader of a general commission agent in agricultural produce in any except under a licence by the Market Committee under this rule. Proposed facilities, for purchase/sale and storage of all notified agricultural produce, live stock or live stock products, and the produce of pisciculture or marine products.
Preparing the rice products felt that their current brands were not convenient to prepare. “Marketing Research is thus that versatile activity which is used by many different kinds of organisations to gather a variety of information”. Relevant to the identification and solution of any problem in the field of marketing. Survey must be conducted by the trained personnel.
- Security -will be bought in the closing price range.
- To help to break the barriers between the producers and the consumers.
- Certified Copies – A copy of the decision or award shall, on application be given to a party by the Director or any person authorized by the Director duly certified on payment of fees of Rs.10.00 for each page or part thereof within 7 days from the date of application.
- However, the homeowner is tired of always having to worry about potential burglaries and preparing for floods, so he purchases home and flood insurance.
Enlist any four product oriented benefits from marketing mix. It help to break the barriers between producers and consumers. It deals with transfer of goods from one place of production to ultimate consumers. It helps to break the barriers between producers and consumers. To help to break the barriers between producers and consumers. Tertiary or Service industry comprises activities concerned with the rendering of services which help other businesses.
In case of change of address of any party to this agreement, it should be intimated to the other parties and also to the Director and the concerned Regulated Market Committee. Has the Applicant got his own retail or wholesale business or processing unit for which the commodities are required. An appeal against the decision of the Market Committee under Sub section of Section 13 shall lie within 30 days of such decision. Weights and measures to be used in market area. – No weight, measure or weighing or measuring instrument other than and authorised weight, measure or weighing or measuring instrument shall be used in any market area.
Search in Indianmoney’s WealthPedia
Stock markets allow investors to buy and sell shares in publicly traded companies. They are one of the most vital areas of a market economy as they provide companies with access to capital and investors with a slice of ownership in the company and the potential of gains based on the company’s future performance. Any government or corporation requires capital to finance its operations and to engage in its own long-term investments.
It is the physical movement of goods or passengers from one place to another. Various modes of transportation are Railways, Roadways, Airways, Waterways and Pipelines. Various modes of communication like telephone, telegram, e-mails, online, fax, etc. are used for transportation. “Commerce is the sum total of all those activities, which are engaged in the removal of hindrance of persons place and time in the exchange of commodities,”. Diversification means adding new lines of business. These new lines of business may be related to the current business or may be quite unrelated.
These exchanges embody New York’s COMEX, London, Hong Kong, Zurich, Australia and Shanghai. In such cases, speculation destabilizes prices and consumption over When prices would otherwise be high, such speculators are buying and driving prices even higher; when prices would otherwise be low, such speculators are selling and driving prices even lower. When speculators buy 1 million bushels in the first period, the effective supply shifts to 3 million bushels, and the price rise to $4. When speculators resell this wheat in the second period, the effective supply also shifts to 3 million bushels in year 2.
The depository participants do not charge investors directly; instead, your broker deducts funds from your bank account. In delivery trading, on the other hand, the position is not closed on the same day, and the shares are purchased and held in a Demat account. You can hold the shares for a few days, months, or even years until you achieve your goal price. Companies have to meet the requirements of the exchange in order to have their stocks listed and traded, but requirements vary by stock exchange.
The party on Dalal Street over the BSE Sensex breaching the 50,000 level for the first time ever lasted only a few hours as profit-booking and concerns over the fate of vaccine rollout in the country spurred a violent selloff in the last hour of trade. This is to inform that Suvision Holdings Pvt Ltd (“IndianMoney.com”) do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud. The state government is in charge of it.
Every person included in the panel shall be either an agriculturist living in or near the market area or a trader doing business in such area. It shall also be the duty of the Secretary to check if proper payment to sellers in the market-yard is being made and that no irregularities in making weighment of Agricultural Produces are being committed. Registration of Contract Farming Sponsor. – Every person intending to enter into marketing activities as a Contract Farming Sponsor within any market area of the State, shall make an application to the concerned Market Committee for registration in Form XIV and shall deposit a sum of Rs.2,000/- only as registration fee for the purpose.
“Good investing is about getting good business at a good price”: Kalpen Parekh at ETMGS 2021
Channels of marketing distribution for produced goods. The moral-hazard occurs when one party to contract engages in opportunistic behavior after the contract is The adverse-selection problem arises prior to the making of the contract. Moral hazard is a situation in which one party gets involved in a risky event knowing that it is protected against the risk and the other party will incur the cost. Economics dealings between individuals are governed by When a good is purchased, the seller explicitly or implicitly guarantees that the good will work according to an expected performance standard. Reservation price occurs at a sampled price at which the marginal benefit of search equals the marginal cost of search. The upward-sloping curve in Fig shows the marginal benefits of search for different values of the lowest sampled price.
Why Does a Spot Price Matter?
These four factors of production you have learned in Term 1 – Production chapter. Weights and measures to be used in market area.- No weight, measure or weighing or measuring instrument other than and authorised weight, measure or weighing or measuring instrument shall be used in any market area. Trader or his servant not to solicit brokerage or weighing, measuring or surveying charges.- If any trader or his servant or agent solicits or receives any tees for brokerage or weighing, measuring or surveying charges, the trader’s licence shall be liable to be cancelled forthwith. Permanent Fund.- The surplus amount of the Market Committee Fund, at the close of each year shall be credited to the permanent fund of the committee and it shall be used only towards incurring the expenses of a permanent nature such as the construction of buildings, acquisition or purchase of sites. Award of Costs.- The Director and the Appellate Authority may award any costs to the defaulting party in any dispute if he finds that the dispute or the appeal has been filed with the sole intention of using the process to’ harass the opposite party or if the circumstances of the case so warrants otherwise. Each party hereto agrees to abide by the provisions of the Orissa Agricultural Produce Markets Act, 1956 and the rules framed thereunder.
The licensee shall maintain all the books and records which are prescribed under these rules an submit these to the prescribed authorities regularly. Expenditure In connection with or incidental to such elections. – All expenditure incurred by the Collector or the person authorised market where goods are transacted on the spot or immediately by him under Rule 10 in connection with or incidental to the election of members of the Market Committee shall be recoverable under Section 24 from the Market Committee by the Collector as an arrear of land revenue. Declaration of the market yard and the market.
Retailers are the touch-point with the customers and therefore, for a marketer it is important to know what are the different types of retailers. SWOT Analysis of Flipkart Flipkart is a leading Indian E-commerce firm which has been delighting Indian consumers over the years. It started out as a small online bookstore and now is a billion-dollar firm. In this article, I will be running through the detailed SWOT analysis of Flipkart and provide in-depth insights about Flipkart. In fact, soon I will be updating this article with examples for each of these types of markets so that it becomes clearer and easier to understand. In the next article, I will share with you the Classification of Markets of Modern Markets.
The seller is obliged to deliver the specified quantity of the good at the specified price at the specified future date. The seller of the future contracts need not even own the commodity at the time of the sale . The subject of output marketing is as old as civilization itself. The importance of output marketing has become more conspicuous in the recent past with the increased marketable surplus of the crops and other agricultural commodities following the technological breakthrough. On one hand surplus production in agriculture resulted in problem of distribution to consumption centres and on the other transformed agriculture into a commercial venture where market needs came to the lime lite.
To conduct a fair survey, list four strong values of a surveyor. The company should develop a strategic advantage over their competitors else if it’s otherwise the fate of the enterprise is doomed. These determine the fate of companies and markets.
