Understanding Marketplace and Customer Needs MCQs Quiz Online PDF eBook Download

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Practice understanding marketplace and customer needs MCQ: Market offering that is essentially intangible is called, with choices services, products, commodity, and competitive edge for online business degree. Practice merit scholarships assessment test, online learning Understanding Marketplace and Customer Needs Quiz Questions for competitive exams in business majors for online BBA courses.

MCQs on Understanding Marketplace and Customer Needs PDF eBook Download

MCQ: Market offering that is essentially intangible is called

  1. services
  2. products
  3. commodity
  4. competitive edge

A

MCQ: Products or market offering bought by consumers for personal consumption are classified as

  1. augmented product
  2. consumer products
  3. industrial products
  4. intangible services

B

MCQ: Buying of products such as 'fast food' is an example of

  1. difficult products
  2. sought services
  3. sought products
  4. convenient products

D

MCQ: Delivery and credit services are part of

  1. marketing strategy
  2. augmented product
  3. non-augmented product
  4. positioning strategy

B

MCQ: Products or services having significant group of buyers who are willing to make purchase efforts are called

  1. sought products
  2. unsought products
  3. specialty products
  4. both a and b

C