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Social Factors Quiz Questions and Answers PDF Download eBook

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Quiz on Social Factors PDF Download eBook

Social Factors Quiz

MCQ: The pricing strategy in which the company determines price it will make the targeted return is classified as

  1. target return pricing
  2. markup return pricing
  3. learning pricing
  4. marginal pricing

A

What is a Product Quiz

MCQ: The services or products that customers buy immediately after noticing are classified as

  1. augmented product or services
  2. convenience products and services
  3. shopping goods or services
  4. sought products or services

B

Business Markets Quiz

MCQ: The resources such as forests and food are known as

  1. renewable resources
  2. non-renewable resource
  3. Both a and b
  4. none of above

A

Capturing Value from Customers Quiz

MCQ: Considering the strategic planning, the 'Organizations purpose' statement is known as

  1. Vision statement
  2. Mission statement
  3. Value proposition
  4. Both a and b

B

Product Life Cycle Strategies Quiz

MCQ: The testing of new product concepts in group of targeted segment of market is called

  1. concept development
  2. concept testing
  3. material testing
  4. market screening

B