Market and Marketing
Market and Marketing: Overview
This topic covers concepts such as, Market and Marketing etc.
Important Questions on Market and Marketing
Which of the following is NOT a characteristic of marketing?

Which of the following statements best describes the concept of 'market' in business?

What is the core focus of marketing?

Which option correctly identifies the primary function of marketing?

Which of the following best defines the term 'market'?

Explain the limitations of principles of management.

What is the principle of ‘Initiative’ in management?

Explain the principle of ‘Stability of Tenure of Personnel’.

How does the principle of ‘Centralisation and Decentralisation’ affect management?

Discuss the principle of ‘Equity’.


What is meant by ‘Espirit de Corps’?

Explain the principle of ‘Subordination of Individual Interest to General Interest’.

Discuss the principle of ‘Remuneration of Employees’.

Explain the principle of ‘Authority and Responsibility’.

Why is ‘Unity of Command’ important?

What is meant by ‘Discipline’ as a principle of management?

Explain the principle of ‘Division of Work’.

Discuss the relevance of Taylor’s scientific management today.

State the difference between principles of management and techniques of management.
