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Also, this document will help you to improve your competitive strategies that will position your company better in the particular industry. b. response of incumbent firms to new entrants. A. formal organization. Multiple Choice Questions for Marketing management academic and competitive exams. This type of customer seldom purchases products at full price and shops around for the best markdowns. 6. Management MCQ’s 1. Business firm Produce and supply wide varieties of goods and _____ required by the society. Practice these MCQ questions and answers for preparation of various competitive and entrance exams. C. a site ... Companies that have a network of physical stores as their primary retail channel, but also have. However, if you ask these 12 basic questions, then the going can be easy. Ans. You can also verify your answers from our provided Markets Around us Class 7 MCQs Questions with Answers. Dr.G.R. Process selection is primarily considered during: a) Planning b) Organizing c) Leading d) Controlling 3. D) All of the above Ans: A Q.32. A) New Fiscal deficit policy B) IT parks initiated in Bangalore C) Globalization policy, liberalization was accepted by India So let’s take a look at some basic distribution or channel decisions, and how we decide on the best distribution channel for our product or service. Consequently, the literature offers many different defin A. a value web. Transatlantic Airlines identifies the most profitable customers and offers them specific incentives, a practice known as _____. its products or services is known as_____. What type of process would a fertilizer plant be most likely to use a. but we also have some specific products have different MOQ and MCQ, s o it depends on the product range. Discount customers are resilient to upselling, are usually the least loyal segment of customers, and generally move on when better markdowns are available elsewhere. Project c c. Job shop d. Flow shop 2. Need-based customers are driven by a specific need. line extension social marketing label specialty product 47. Non-user goals End goals (page 192) Experience ... the more likely users will be able to know … Find your customer-specific among the 129 products listed on Europages, a worldwide B2B networking platform. Product differentiation refers to the: a. ability of the buyers of a product to negotiate a lower price. Electronic CRM concerns all forms of managing relationships with customers through the use of information technology ().. eCRM processes include data collection, data aggregation, and customer interaction. 1 mark for each correct answer and 0.25 mark will be deducted for wrong answer. MCQ Questions for Entrepreneurship Development. Industry analysis, also can be a part of your business plan.. B. informal organization. Marketing MCQ Questions and answers with easy and logical explanations. 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