Question: 1 . The three basic ideas in the 'marketing concept' are. ( a ) Customer orientation, marketing manager as chief executive, profit. ( b )
The three basic ideas in the 'marketing concept' are.
a Customer orientation, marketing manager as chief executive, profit.
b Customer orientation, total company effort, sales growth.
c Customer orientation, total company effort, profit.
d Customer orientation, resource utilisation, sales maximisation.
Which one of the following does not relate to social responsibility? A company:
a Packaging products in environmentally friendly packaging.
b Implementing a housing benefit scheme for its staff.
c Sponsoring a development athletics team to the Olympics.
d Having a fun gathering for its staff.
Which of the following is a convenience product?
a Birthday cards
b Television sets
c Soft drinks
d Fridge
The most important, and often the most difficult, step in the marketing research process is
a Defining the problem.
b Gathering primary data.
c Interpreting the sales.
d Gathering tertiary data.
The firm's breakeven point is the point where.
a Total cost just equals total revenue.
b The target return on investment is earned.
c Maximum profit is earned.
d Utilisation of profit
One advantage of distributing directly to consumers is that.
a Selling costs are high.
b The risk of bad debt is lowered.
c Manufacturers have complete control of selling.
d Trading discounts are allowed
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
