Economics Mcqs
The shrinking or distances due to technological advances such as computer and fax connections by telephone are one characteristic of what new challenge to marketing ?

A. Rapid globalization
B. The changing world economy
C. The call for more socially responsible marketing
D. The micro-chip revolution

The most logical budget setting method is found in the list below. Which is it ?

A. Affordable method
B. Percentage of sales method
C. Competitive parity method
D. Objective and task method

When producers, wholesalers, and retailers act as a unified system they comprise a ?

A. Conventional marketing system
B. Power-based marketing system
C. Horizontal marketing system
D. Vertical marketing system

All of the following are methods by which a company can divide up its sales responsibilities EXCEPT ?

A. Territorial sales force structure
B. Pychographic trait sales force structure
C. Product sales force structure
D. Customer sales force structure

The course of a product’s sales and profits over its lifetime is called ?

A. the sales chart
B. the dynamic growth curve
C. the adoption cycle
D. the adoption cycle

All of the following are commonly recognized promotion budget formal EXCEPT ?

A. The affordable method
B. The lifo method
C. The percentage of sales method
D. The objective and task method