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In accounting for by-products the value of the by-product may be recognized at the time of
What happens when the marginal product of labour is greater than the average product of labour?
This strategy of picking accessory products required to be used along with a main product.
________ carry a narrow assortment of product lines with deep assortments within those lines.
Customer value proposition should exclude the tangible and intangible benefits of a product.
Which is a branding strategy that uses an existing brand name for a new or improved product in the line?
Which tool for consumer sales promotion is particularly effective in encouraging product trial?
What is the project lifecycle differentiate it from the product life cycle and elaborate various characteristics of project phases?
What is the project life cycle differentiate it from the product life cycle and elaborate various characteristics of project phases?
A customer says, “i didnt get my moneys worth on this product.” this is called a(n) _____.
An arranges processes according to the sequence of steps by which the product is manufactured
Is the philosophy that seeks to improve quality by eliminating the causes of product defects?
When free competition exists the price of a product will be the value where supply is equal to the demand?
When there are many buyers and sellers of a good and the product sold is identical across firms?
What is the term for cash refunds given for the purchase of a product during a specific period?
Is a company growth strategy achieved by increasing sales of current products to current market segments without changing product?
Beauty product websites are traditionally designed to be more oriented than travel websites
Which of the following is typically true during the decline stage of the product life cycle?
When creating product objectives marketers should consider the long term implications of product decisions?
What type of process strategy is most suitable for an organization with high product variety but low volume of output?
Are sets of interdependent organizations that help make the product or service of a company available?
What is the term used to describe the coordination of all marketing strategies in a company known as product price place and promotion?
Is about designing or designing a packet wrapper box where the product is placed and sold?
When total product is rising both average product and marginal product must also be rising
What happens to the average product when the marginal product is below the average product
What is an example of a business that charges different people different prices for the same product?
Which term refers to a strategy in which firms sell a standardized product around the world?
What is the most common method of introducing a product or service outside of the home country?
When a salesperson asks the buyer Do you see how this product will benefit your organization he or she is using a N?
What is the term for a brief description of a specific instance used to illustrate the features and benefits of a product or service?
What is the term for the qualities or characteristics of a product or service that are designed to provide value to a buyer?
What strategy increases the value of a product in the local market through customization for different national tastes and preferences?
Which of the following enables a firm to generate demand forecasts for a product and to develop sourcing and manufacturing plans for that product?
Which pricing strategy groups a sport/event product into different segments for customers?
Buyers may relate price to quality. to such a buyer, a higher price for a product is an indicator of
What is the totality of characteristics of a product that affects its capability to satisfy needs?
The early american indian civilizations of mexico and peru were based on which agricultural product?
Firms that thrive in two-sided or platform markets often do not produce a product themselves.
At which stage of new product development process the launching of new product will take place?
Which of the following considers forward and reverse product flows over the entire life cycle?
Consists of all parties involved, directly or indirectly, in obtaining raw materials or a product
As one of the ps in the marketing mix, place is also often referred to as the distribution channel.
In the common criteria what is required for a certain class type of security product to be evaluated
When choosing a product at the right place and time what do marketers often ask themselves?
Is a pricing strategy that aims to design a product so that it satisfies customers and meets the profit margins for a company?
What is the blending of four marketing elements - product, distribution, price, and promotion?
What do you call a set of customer or clients who are already using a particular product or service?
What is the most appropriate action to take in the growth phase of the product life-cycle model?
In which stage of the project life cycle project the product is delivered to the customer and resources are assigned?
Refers to organizations and individuals involved in delivering service as a primary product.
What are the 5 product features that affect adoption of an innovative products explain with examples?
What is it called when distorted product demand information passes from one entity to the next?
What is the term for the percentage of the total market sales for a single company or product?
What is the point called at which the quantity demanded of a product and the quantity supplied meet?
What term is used to describe when a customer purchase a product with no planning or forethought?
As products enter the growth stage of the product life cycle, prices generally begin to stabilize.
Is a price tactic in which a product is sold near or even below cost in the hope that shoppers will buy other items once they are in the store?
When a producer charges different prices from different customers for the same product and at the same time then the firm is exercising?
The amount of time money or effort a buyer exchanges with a seller to obtain a product is known as
What refers to the amount of money that your customer have to pay in exchange for your product or service?
When one nation can produce a product at a lower cost relative to another nation it is said to have a blank in producing that product?
When one country can produce a product with a lower opportunity cost than another country it is said to?
For which of the following product would the burden of a tax likely fall more heavily on the sellers?
Which one of the following is not a disadvantage of buying rather than making a component of a companys product?
Which element of the marketing mix refers to a good service or idea that satisfies consumers needs multiple choice question promotion product place price?
Which one of the following elements of marketing mix ensures that a right product is made available to right people at right time Mcq?
Which element of the marketing mix is concerned with having the product available where target customers can buy it?
What type of marketing communication is used to inform or persuade target audiences of the relative merits of a product service brand or issue?
Which of the following involves designing and manufacturing the container or wrapper for a product a labeling B packaging C branding D product line?
What do you call the process of dividing the total market into several groups seeking similar benefits from a product or service and requiring separate marketing mixes?
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