Professional Documents
Culture Documents
88
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MR ? MC
MR = MC
MR < MC
MR > MC
Industrial products
Specialty products
Unsought products
Shopping products
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89
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Course books
Encyclopedia
Funeral plots
Insurance policy
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88
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Telemarketing
Public relations
Sales promotion
Advertising
89
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Intensification
Diversification
Harvesting
Vertical integration
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ABC Company has introduced a new beverage in the market. The company must inform customers
about the availability and the benefits of the beverage. Identify the activitiy of marketing mix
involved.
Place
Price
Promotion
Product
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Which of the following is the first step in the new product development process?
Idea generation
Idea development
Idea screening
Idea testing
89
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Food
French-fries
Burger
Pizza
Which of the following is used to segment and analyze consumer’s buying behavior?
Promotional mix
Marketing communication
Customer database
85
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Which of the following market dominance strategy involves less risk of competitive attacks?
Leaders
Follow ers
Nichers
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Management analysis
Cost analysis
Sales forecast
Profit analysis
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In which of the following company introduces new brand names under the same product category?
Multibrands
Brand extension
Line extension
New brands
Competition
Technology
Corporate culture
Economy
89
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88
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In the product adoption process, the consumer is stimulated to seek information about the
innovation at which of the following stage?
Interest
Trial
Aw areness
Evaluation