A pricing method which involves negotiation between the seller and potential buyer in determining the price for a product is?
A. target pricing B. cost-plus pricing C. haggling pricing D. dynamic pricing Correct Answer: Option C – haggling pricing
The market where goods are purchased for the purpose of selling it to consumers is?
A. institutional market B. industrial market C. reseller market D. government market Correct Answer: Option B – industrial market
The element of marketing mix that involves creating awareness for goods is?
A. price B. place C. product D. promotion Correct Answer: Option D – promotion
All activities involved in planning; designing and producing the container of a product is?
A. branding B. packaging C. merchandising D. promotion Correct Answer: Option B – packaging
The systematic design; collection and analysis of data about problems relating to the marketing of goods and services is marketing?
A. insight B. planning C. research D. intelligence Correct Answer: Option C – researchProducts
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