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Companies that purchase goods for further processing is an example of?

A. a consumer market B. an industrial market C. a reseller market D. a government market Correct Answer: Option B…

3 years ago

Milk; sugar and bread bought by Amaka for her children’s breakfast is an example of?

A. shopping goods B. convenience goods C. specialty goods D. unsought goods Correct Answer: Option B - convenience goods

3 years ago

In marketing; the term product refers to?

A. any item that can be seen or touched B. anything that can be offered for consumption C. goods and…

3 years ago

Which marketing mix element is applicable when a firm provides parking space for it’s customers?

A. process B. people C. price D. promotion Correct Answer: Option D - promotion

3 years ago

A feature of product as a marketing mix element is?

A. credit terms B. warranty C. cash discount D. allowances Correct Answer: Option B - warranty

3 years ago

A set of controllable variables that a firm uses to pursue it’s objectives is?

A. product mix B. product concept C. selling concept D. marketing mix Correct Answer: Option D - marketing mix

3 years ago

A company’s orientation that concentrates on mass distribution and low cost of it’s products is a?

A. product concept B. production concept C. marketing concept D. selling concept Correct Answer: Option B - production concept

3 years ago

Which of the following business orientations stresses that promotional efforts are necessary before customers buy a product?

A. production concept B. product concept C. selling concept D. marketing concept Correct Answer: Option C - selling concept

3 years ago

The first institution to introduce a degree programme in marketing in Nigeria is University of?

A. Ibadan B. Nigeria, Nsukka C. Lagos D. Jos Correct Answer: Option B - Nigeria, Nsukka

3 years ago