this

Name Year Sec Score Date ASSESSMENT Multiple Choice: Read each statement carefully and select the best answer. Write the letter of your answer. If no answer is found in the choices, write the correct answer. 1. This refers to the point of interaction between the product and potential customers. Effectively, it relates to how the marketer distributes the product and provides information about it. a. Place c. Middlemen b. Channel of Distribution d. Market It comprises a set of institutions, which perform all the activities required to move a product and its title, from production to consumption. a. Place pitudiva C. Middlemen b. Channel of Distribution d. Market 3. These are independent business people that operate as links between producers and ultimate consumers or industrial users. . Place C. Middlemen b. Channel of Distribution d. Market 4. A place where sellers and buyers come together to enter to buying and selling transaction. a. Place c. Middlemen b. Channel of Distribution d. Market 5. A market structure characterized by a single seller, selling a unique product in the market, the seller faces no competition, as he is the sole seller of goods with no close substitute. esprecom printsnie a. Pure Competition C. Monopolistic Competition b. Oligopoly Competition d. Monopoly 6. It refers to a market where many firms sell differentiated products. Differentiated products can arise from characteristics of the good or awiso alniles service, location from which the product is sold, intangible aspects of the product, and perceptions of the product. a. Pure Competition C. Monopolistic Competition b. Oligopoly Competition d. Monopoly 107