markets efficiency and the public interest MCQs – Page 9

Practise focused markets efficiency and the public interest questions with marked answers for exam preparation and subject revision.

markets efficiency and the public interest Mcqs
161. Drop shippers perform which of the following functions ?
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A. Sells jewelry out of a catalog

B. Stocks the bread rack in a grocery store

C. Assumes title and ships coal, lumber or heavy equipment to a buyer

D. Maintains, owns and stocks a CD display in a grocery store

162. A company is practicing ________ if it focuses on subbasements with distinctive traits that may seek a special combination of benefits ?
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A. micro marketing

B. niche marketing

C. segment marketing

D. mass marketing

163. _______ beliefs values are open to some degree of change ?
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A. Crucial

B. Secondary

C. Core

D. Primary

164. The ______ holds that consumers will favor products that are available and highly affordable (therefore, work on improving production and distribution efficiency) ?
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A. product concept

B. marketing concept

C. production cost expansion concept

D. production concept
165. _________ are products bought by individuals and organizations for further processing or for use in conducting a business?
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A. Specialty products

B. Consumer products

C. Services

D. Industrial products
166. When personal interviewing involves inviting six to ten people to gather for a few hours with a trained interviewers to talk about a product service, or organization the method is called ?
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A. focus group interviewing

B. Probing

C. Selective sponsorship

D. the Delphi method

167. According to Engels law as income rises ?
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A. The percentage spent on savings remains constant

B. The percentage spent on food rises

C. The percentage spent on other categories increase

D. The percentage spent on housing increases