No products in the cart.

What do mean by following statement? …

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

What do mean by following statement? 'customer is the king in the market'

Posted by Priyanshi ( ╹▽╹ ) 4 years, 3 months ago

CBSE > Class 12 > Business Studies

2 answers

Ujjawal Jain 4 years, 3 months ago

Because the role of consumer is very important for market the producer produce good according to consumers need

Canada'S ?? Julliet Anu 4 years, 3 months ago

It means now the customers role as well as their importance has increased in the market. The producer produce good and services according to the needs and want of the customers to satisfy their needs.It is in their long run interest.

ANSWER

http://mycbseguide.com/examin8/

Related Questions

Mr. Ajay Sharma has been working as Production Manager in Bhushan Steel Limited since 2000. At which level of management is he working. State any three functions performed by him.

Posted by Bhagirath Vadhel 1 week, 4 days ago

CBSE > Class 12 > Business Studies

0 answers

What if target of 6000 product is not achieved by manager but he produces it at less cost Will he be effective or efficient

Posted by Khush H 2 months, 1 week ago

CBSE > Class 12 > Business Studies

3 answers

This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
Be nice and polite and avoid rude and abusive language. Avoid inappropriate language and attention, vulgar terms and anything sexually suggestive. Avoid harassment and bullying.
Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

Posted by Vidit Sisodia 3 weeks, 1 day ago

CBSE > Class 12 > Business Studies

2 answers

Vishal Garment Itd. has shirts at production manager a target to produce 10,000 a cost of ₹150 per shirt. The production manager could achieve this target at a cost of ₹150 per shirt. Do you think the production manager is effective ? Give reasons for your answer.

Posted by Ayusi Das 1 day, 14 hours ago

CBSE > Class 12 > Business Studies

0 answers

who is perponshile to provide and environment for individuals working in the enterprise to accomplish goals effectively?

Posted by Nafila Nafila 18 hours ago

CBSE > Class 12 > Business Studies

0 answers

Features od motivation

Posted by Devansh Nagar 1 month, 3 weeks ago

CBSE > Class 12 > Business Studies

2 answers

Under this method of flotation in the primary market a subscription is invited from general public to invite in a companies securities through the issue of advertisement.

Posted by Rishabh Modi 2 months ago

CBSE > Class 12 > Business Studies

0 answers

Sunaina is running a fashion studio in Dehradun She keeps stock of a wide variety of dresses from different manufacturers Many a times, she sells goods on credit to the regular clients. She makes a special effort to make the customers aware about the changing trends in fashion, makes effective display of new arrivals and so on. She undertakes different types of promotional activities like advertisement, free gifts, etc. to increase the sale of products of different manufacturers She keeps the manufacturers updated about the changes in the taste and preferences of the consumers so as to enable them take appropriate market decisions. (a) Identify the different types of services provided by Sunaina to the wholesalers and manufacturers and also to the consumers. (b) Describe briefly any one service of each of the two categories which has not been mentioned in the given paragraph.

Posted by Sunil Lata Jain 1 month, 1 week ago

CBSE > Class 12 > Business Studies

0 answers

Sushil is running a business enterprise producing handloom and handicraft products in Maharashtra under the name 'Fabmart Enterprises'. He has employed 1,000 craftsmen and artisans in his firm. The basic reason for its existence is to produce those handicraft items which have a market demand & are reasonably priced. He performs all the functions of management all the time with the help of his managers. He is working with a team of individuals who have diverse needs and goals. He along with his marketing experts conducts market survey to know the tastes and preferences of consumers. Thus he adapts to changing environment and produces goods according to the needs of the customers. The employees working in his firm are happy and satisfied, and there is orderliness instead of chaos. Identify any five features of management from the above para. Also quote lines that denote these features (5 marks)

Posted by Bhumi Dhingra 2 weeks, 4 days ago

CBSE > Class 12 > Business Studies

0 answers

Anything minus management is nothing ,what this statement tell?

Posted by Sanjana Sood 1 week, 2 days ago

CBSE > Class 12 > Business Studies

0 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Google Play

Download myCBSEguide App