Target Exam

CUET

Subject

Business Studies

Chapter

Marketing

Question:

Match the following lists.

LIST I LIST II
A) Rebate I) OTG free with shopping of TV
B) Discount II) Footwear company offers discount up to 50%.
C) Product combinations III) Clothing company offered "Buy 2 get 1 free"
D) Quantity gift IV) Selling Hyundai car at a discount of Rs. 50,000 for a limited period

Choose the correct option from the options given below.

Options:

A-IV, B-II, C-I, D- III

A-I, B-II, C-III, D- IV

A-IV, B-I, C-II, D- III

A-I, B-II, C-IV, D- III

Correct Answer:

A-IV, B-II, C-I, D- III

Explanation:

The correct answer is option 1- A-IV, B-II, C-I, D- III.

LIST I LIST II
A) Rebate IV) Selling Hyundai car at a discount of Rs. 50,000 for a limited period
B) Discount II) Footwear company offers discount up to 50%.
C) Product combinations I) OTG free with shopping of TV
D) Quantity gift III) Clothing company offered "Buy 2 get 1 free"

 

Rebate: Offering products at special prices, to clear off excess inventory. Example, a car manufacturer’s offer to sell a particular brand of car at a discount of `10,000, for a limited period.

Discount: Offering products at less than list price. Example, a shoe company’s offer of ‘Discount Up to 50%’ or a shirt marketer’s offer of ‘50+40% Discount.

Product combinations: Offering another product as gift along with the purchase of a product, say offer of a pack of ½ kg of rice with the purchase of a bag of Aatta.

Quantity gift: Offering extra quantity of the product commonly used by marketer of toiletry products. For example, a shaving cream’s offer of ‘40% extra' or ‘Buy 2 Get 1 Free’ offer of a marketer of shirts.