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Economics Mcqs — Test 51

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Question 1
________ consists of dividing a market into distinct groups of buyers on the basis of needs, characteristics or behavior who might require separate products or marketing mixes?
Question 2
In terms of special product life cycles a ________ is a basic and distinctive mode expression?
Question 3
The total number of item that the company carries within its product lines refers to the ________ of the product mix?
Question 4
The use of price points for reference to different levels of quality for a company’s related products is typical of which product mix pricing strategy ?
Question 5
Using a successful brand name to introduce additional items in a given product category under the same brand same (such as new flavors, forms, colors, added ingredients or package seizes) is called a(n)?
Question 6
A child in the United States is normally exposed to all of the following values EXCEPT ?
Question 7
Sellers that handle their own exports are engaged in ?
Question 8
______ includes practices such as overstating the product’s features or performance luring the customer to the store for a bargain that is out of stock, or running rigged contests ?
Question 9
The typical method of retail operation used by supermarkets and catalog showrooms is called ?
Question 10
The biggest of greatest amount of involvement in a foreign market comes through which of the following ?