1. The art of Zari work is centered in which state of India?
The art zari work is centred in Bhopal, the capital city of Madhya Pradesh which is known for its rich heritage of art and craft. This art has been predominant here for the last 300 years. Apart from Bhopal, it is practiced extensively in Gwalior and Indore.
2. What is the set-up of a call centre?
Call Centres are usually set up as large rooms with working stations that includes a computer, a telephone set and supervisor’s stations. All computers are liked to a mother computer are linked to a mother computer (servant).
3. What are markets?
A market is a place where buyers and sellers meet to exchange their goods and services. The markets may be in one specific place like Khan market in South Delhi or do not exist physically at all like online shopping (Internet).
4. Define street vendors.
Street vendor is a retail salesperson without an established place of business. Vendors sell things that are regularly prepared at home by their families. For, example, those who sell food or snacks on the streets, prepare most of these at home.
5. What are the factors that determine the price of a commodity in the market?
The price of a good depends on its demand and supply. If the demand is more and the supply is less, the price is likely to be high and vice-versa.
6. What are the things that the street vendors sell generally at their shops?
The street vendors sell things that are prepared at home by their families, like a vendor selling food or snacks on the street prepares most of these at home.
7. What is a market place?
A market place is a location where goods and services are exchanged. It is an arrangement that allows buyers and sellers to exchange things.
8. What is the difference between the shops on the street and the shops in the market?
Shops in the market place are permanent whereas shops on the street are temporary. Street shop owners sell their homemade things but shop owners in the market place buy materials from the wholesale sellers and sell it at their shops.
9. Write any one difference between retail and wholesale.
Wholesale involves buying goods in large quantities and selling them in large quantities usually to customers, who buy goods to resell in the retail market to the ultimate consumers.
10. A simple tag or an elaborate label used by reputed companies help in grading a product. Name any two functions that are performed by Labels.
The two functions that are performed by labels are: promoting sales and identification of a product.
11. Which local body of the city decides the day of the weekly market?
The Municipal Corporation decides the day of the weekly market.
12. What is a showroom?
A showroom is a large area used to display goods for sale such as home appliances, leather goods, food items, automobiles, cosmetic, furniture,carpets, etc.
13. What are consumer products?
Products which are purchased by the ultimate consumers or users for satisfying their personal needs and desires are referred to as consumer products, e,g., soap.
14. Who is a citizen?
A citizen is a person who has full rights and performs some duties in a state. He is required to take part in the formation of the government directly or indirectly.
15. What are the conditions of market during festival seasons?
During festival seasons, markets are crowded with people and many new shops are opened to meet the needs of the people. There are rows of shops selling sweets, toys, clothes, footwear, utensils, electronic goods, etc.
16. Define the term ‘business’.
A business (also known as company, enterprise or firm) is a legally recognised organisation designed to provide goods, services, or both to consumers or tertiary business in exchange for money.