economics MCQs – Page 348

Practise multiple-choice questions from economics for competitive examinations and subject revision. Review each marked answer and report any item that may be outdated or unclear.

economics Mcqs

1. the national economy 2. profit maximizing under perfect competition and monopoly 3. application of economics 4. the aggregate demand aggregate supply model 5. surplus 6. money interest rates and output 7. average and total cost 8. stabilization adjustment reform and privatization 9. risks and diversification efficient market hypothesis 10. the phillips curve 11. supply and demand 12. capital formation investment choice information technology and technical progress 13. aggregate supply unemployment and inflation 14. elasticity 15. comparative gdp 16. roots of modern macroeconomics 17. production factors 18. poverty malnutrition and income inequality 19. trade regulations and industrial policies 20. monetary union 21. exchange rate systems and currency crises 22. economic development in historical perspective 23. exchange rate determination 24. monopoly competition 25. the balance of payments 26. inflation productivity 27. macroeconomic issues and analysis 28. employment migration and urbanization 29. macroeconomic policy tools 30. supply side policies 31. exchange rate adjustments and the balance of 32. miscellaneous 33. taxation 34. trade policies for the developing nations 35. markets efficiency and the public interest 36. the external debt and financial crises 37. budget deficits and the trade balance 38. alternative theories of the firm 39. public goods 40. the meaning and measurement of economic development 41. characteristics and institutions of developing countries 42. agriculture irrigation system of pakistan 43. education health and human capital 44. economic problems of developing countries 45. theories of economic development 46. basic of economics 47. consumer theory vs real consumers 48. applied microeconomics 49. long term economic growth 50. externality internality 51. fiscal and monetary policy 52. prices wages taxes 53. balance of payments aid and foreign investment 54. international factor movements and multinational corporations 55. entrepreneurship organization and innovation 56. the international economy and globalization 57. population and development 58. non tariff trade barriers 59. foundations of modern trade theory 60. global economic development 61. market 62. rural poverty and agricultural transformation 63. regional trading arrangements 64. foreign exchange 65. introduction to economics 66. world economy miscellaneous 67. sources of comparative advantage 68. natural resources and the environment toward sustainable development 69. monopoly 70. asymmetric information 71. income inequality 72. labour market 73. tariffs 74. development planning and policy making the state and the market 75. oligopoly 76. industrial development 77. costs supply and perfect competition 78. human capital 79. monetary fiscal and incomes policy and inflation 80. stocks

6941. Catalog marketing is big business in the United States. The average house hold receives __________ catalogs per year?
0

A. 25

B. 100

C. 50

D. 75

6942. Rolls Royce uses which of the following distribution formats ?
0

A. Exclusive distribution

B. Intensive distribution

C. Open distribution

D. Selective distribution

6943. Private goods are ?
0

A. rival in consumption and their benefits are non-excludable

B. non-rival in consumption and their benefits excludable

C. rival in consumption and their benefits are excludable

D. non-rival in consumption and their benefits are nonexcludable:

6944. If your company were to make a product such as a suit of clothes and sold that product to a retailer your company would have sold to the __________ merket?
0

A. business

B. government

C. service

D. reseller

6945. The __________ is a person within a reference group who because of special skills knowledge personality or other characteristics exerts influence on others ?
0

A. opinion leader

B. social role player

C. referent actor

D. facilitator

6946. When a marketing research organization chooses a segment of the population that represents the population as a whole, they have chosen a ?
0

A. sample

B. group

C. market target

D. bi-variant population

6947. If the field salesforce has been supplied with new leads (via the telephone) that have been qualified, they have probably been assisted by ?
0

A. sales assistants

B. master salespersons

C. technical support persons

D. telemarketers

6948. In terms of special product life cycles a ________ is a basic and distinctive mode expression?
0

A. style

B. fad

C. fashion

D. genre

6949. successful ________ depends on how well a company blends its people organizational structure decision and reward systems, and company culture into a cohesive program that supports its strategies?
0

A. marketing analysis

B. marketing control

C. marketing implementation

D. marketing strategy

6950. The first modern environmental movement in the United States began in the ?
0

A. mid-1980s

B. 1960s and 1970s

C. 1950s

D. 1940s

6951. The primary reason that many companies work to become the low cost producers in their industry is because ?
0

A. they can generate more advertising

B. they can set lower prices that that result in greater sales and profits

C. they can please top management

D. they can gain tax advantages

6952. The last stage in the selling process in the __________ stage?
0

A. Approach

B. closing

C. handling objections

D. follow-up

6953. The typical method of retail operation used by supermarkets and catalog showrooms is called ?
0

A. full-service retailing

B. service merchandiser

C. limited-service retailing

D. self-service retailing

6954. The purpose of strategic planning is to find ways in which the company can best ?
0

A. avoid the expense of costly research and development while still getting the benefits

B. avoid paying taxes

C. overcome losses

D. use its strengths to take advantage of attractive opportunities in the environment

6955. The Wheeler-Lea Act gives the Federal Trade Commission the power to regulate ?
0

A. marketing ethics

B. competitive advertising of objective product benefits

C. interstate commerce

D. unfair and deceptive acts or practices

6956. _______ is the step in the selling process in which the salesperson learns as much as possible about a prospective customer before making a sales call?
0

A. Handling objections

B. Prospecting

C. Preapproach

D. Approach

6957. When producers, wholesalers, and retailers act as a unified system they comprise a ?
0

A. horizontal marketing system

B. power-based marketing system

C. vertical marketing system

D. conventional marketing system

6958. Yahoo, Infoseek, and Baido are all called ?
0

A. software

B. search engines

C. browsers

D. Webcasters

6959. The whole class of goods that will be under produced or not produced at all in a completely unregulated market economy are referred to as ?
0

A. private goods

B. free goods

C. public goods

D. Pareto goods

6960. According to the price/quality strategy matrix when a company overprices its product in relation to its quality it is considered to be using which type of strategy ?
0

A. Snob strategy

B. Overcharging strategy

C. Premium strategy

D. Good-value strategy

Previous Next

Showing 6941 to 6960 of 9118 mcqs