Economics Mcqs
Rolls Royce uses which of the following distribution formats ?

A. Intensive distribution
B. Exclusive distribution
C. Selective distribution
D. Open distribution

According to Engel’s law as income rises ?

A. The percentage spent on food rises
B. The percentage spent on housing increases
C. The percentage spent on other categories increase
D. The percentage spent on savings remains constant

_________ is a principle of enlightened marketing that requires that a company seek real product and marketing improvements ?

A. Innovative marketing
B. Consumer oriented marketing
C. Value marketing
D. Sense of mission marketing