Sunday

The act of removing government laws and allowing market forces to determine prices is?

A. commercialization B. deregulation C. divestiture D. privatization Correct Answer: Option B - deregulation

3 years ago

The law by which a seller transfers the property in goods to a buyer at an agreed price is the?

A. Weights and Measures Act B. Trade Description Act C. Sale of Goods Act D. Foods and Drugs Act Correct…

3 years ago

Advertisement which is geared towards a particular audience is?

A. direct advertising B. indirect advertising C. mass advertising D. persuasive advertising Correct Answer: Option A - direct advertising

3 years ago

Which of the following is not a right of a consumer?

A. Right to a fair hearing B. Right to buy on credit C. Right to obtain a replacement D. Right…

3 years ago

An undertaking to repair a customer’s vehicle for a certain period after it has been sold is?

A. After-sales service B. marketing mix C. market segmentation D. sales promotion Correct Answer: Option A = After-sales service

3 years ago

The marketing concept emphasizes?

A. sale of goods directly to customers B. use of promotional tools to stimulate sales C. mass production of goods…

3 years ago

Consumers could be encouraged to purchase a company’s products through?

A. research B. planning C. distribution D. advertisement Correct Answer: Option D - advertisement

3 years ago

The commission on a postal order is?

A. tariff B. poundage C. brokerage D. fee Correct Answer: Option B - poundage

3 years ago

An advantage of rail transport is that it?

A. is less expensive to maintain B. is not prone to delays C. bulky and heavy goods D. enhances door-to-door…

3 years ago

Payment made to a carrier for transportation of goods is

A. frights B. fee C. fare D. duty Correct Answer: Option A - frights

3 years ago