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1. Marketing Programmes customized to cater to the needs of market it operates is





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MCQ->Marketing Programmes customized to cater to the needs of market it operates is....
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MCQ->Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives. Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers. Selling a commodity at a price that is not more than that charged by competitors is....
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MCQ->Statements: Monitoring has become an integral part in the planning of social development programmes. It is recommended that Management Information System be developed for all programmes. This is likely to give a feedback on the performance of the functionaries and the efficacy with which services are being delivered. Conclusions: All the social development programmes should be evaluated. There is a need to monitor the performance of workers.

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