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Principles of Marketing Study Material: Practice Test 15 (Chapter 5)

Consumer Markets and Buyer Behavior Quiz Questions & Answers PDF Download - 15

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Consumer Markets & Buyer Behavior Exam Questions and Answers PDF Download: Test 15

MCQ: 71

The new product pricing strategy through which the companies set lower prices to gain large market share is classified as

  1. optional product pricing
  2. skimming pricing
  3. penetration pricing
  4. captive product pricing
MCQ: 72

The SBU's considered as 'Cash Cows' requires

  1. Heavy investment
  2. Less investments
  3. More marketing
  4. Both a and c
MCQ: 73

In business buying process, the group who manage and control information flow is classified as

  1. user
  2. influencer
  3. decider
  4. gatekeeper
MCQ: 74

The stage in buying behavior which follows supplier's selection and discuss final specification of raw materials is classified as

  1. supplier selection
  2. proposal solicitation
  3. supplier search
  4. order-routine specification
MCQ: 75

In business buying process, the one who uses the product is called

  1. user
  2. influencer
  3. decider and gatekeeper
  4. buyer
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Consumer Markets and Buyer Behavior Quiz App (Android & iOS)

Consumer Markets & Buyer Behavior Quiz App

Marketing Principles Quiz App (iOS & Android)

Marketing Principles Quiz App

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Business Statistics Quiz App

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Human Resource Management (BBA) Quiz App