1.Which of the following decisions affect the demand of a product?
(1) Routine Decision
(2) Minor Decision
(3) Major Decision
(4) Rare Decision
(5) Policy Decision
2.Which of the following is an example of Minor decisions ?
(1) Colour of Product
(2) Design of Product
(3) Packing of Product
(4) Form of Product
(5) All of above
3.Marketing is —
(1) Consumer oriented
(2) Product oriented
(3) Marketing oriented
(4) 1 or 3
(5) 1, 2 and 3
4.Firstly business must find out what the
(1) Consumer want
(2) Market Demand
(3) Product Create
(4) Competitor Supplies
(5) All of above
5.What is offered for sale should be determined by
(1) Consumer
(2) Market
(3) Antherities
(4) Government
(5) Competitors
6. Marketing starts and ends with—
(1) Consumer
(2) Market
(3) Product
(4) Taxes
(5) MRP
7.What type of relation producer has with customers in older days?
(1) Simple
(2) Direct
(3) Indirect
(4) Complex
(5) Traditional
8.Now a days producers has _ relation with consumer.
(1) Indirect
(2) Direct
(3) Simple
(4) Complex
(5) Traditional
9.A market transaction take place when there is a successful matching of___take place.
(1) Product
(2) Buyer & Seller
(3) Government
(4) Producer
(5) Tax Authorities
10.What is the basis on which power to influence a transaction depends ?
(1) Muscle Power
(2) Discount
(3) Competitive strength
(4) Purchasing strength
(5) Selling strength
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