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Principles of Marketing MCQs – Practice Test 14 (Chapter 5)

Consumer Markets and Buyer Behavior MCQ with Answers PDF Download – Test 14

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Free Consumer Markets and Buyer Behavior MCQ App Download (Android & iOS): Strategic business unit with low market share and high market growth is considered as; MCQ with answers: stars, cash cows, dogs, and question marks. Practice Competitor Analysis Quiz Questions, download Apple Book (Free Chapter) to optimize virtual coursework.

Consumer Markets & Buyer Behavior MCQ – Practice Test 14 PDF Download

MCQ 66: The forth step in personal selling process after completion of step consisting of approach is to:

  1. prospecting and qualifying
  2. follow up
  3. closing
  4. present and demonstrate

MCQ 67: The strategic business unit with low market share and high market growth is considered as:

  1. Cash Cows
  2. Stars
  3. Dogs
  4. Question marks

MCQ 68: The pricing strategy used to set prices of the products that are must be used with the main product is called:

  1. optional product pricing
  2. product line pricing
  3. competitive pricing
  4. captive product pricing

MCQ 69: Return on Investment (ROI) can be calculated as Net return from investment on marketing divided by:

  1. Cost of investment on marketing
  2. Relative market share
  3. Market growth rate
  4. Relative market share plus market growth rate

MCQ 70: The number of intermediaries that made products or services available to final customer are classified as:

  1. flexible channels
  2. chain of channels
  3. channel levels
  4. marketing levels

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