Q. If the lawn mower is bought for landscaping business, the lawn mower is classified as

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Q. The airliners and home repairers are best classified as

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Q. The industry capital items include

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Q. The consumer products does not include

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Q. The services does not result in

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Q. The products that requires aggressive personal selling efforts are considered as

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Q. The products such as major household appliances like TVs and refrigerators are classified as

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Q. The fixed equipment such as office generators, drill presses and elevators are classified as

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Q. The retail stores such as Best Buy, Staples and Pet Smart are examples of

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Q. Considering the franchise organization, the independent business people involved other than service organization is represented as

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Q. The contractual agreement between independent retailers that has set up central wholesale operation and conduct joint promotion is classified as

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Q. The retailer store which carries deep assortment of specialty product line and customers are served by knowledgeable staff is classified as

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Q. The retailing operation which is operated and owned by manufacturer and carries surplus or irregular goods is classified as

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Q. The independent wholesaler which takes title of market offering is called

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Q. The third step of value based pricing is to

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Q. The contractual agreement between wholesaler, service organization and manufacturer according to which business people have rights to own units is classified as

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Q. The concept which states that new retailers begin as low price and low margin retailers and then covert into high priced retailers they have replaced is called

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Q. The major product variables that retailers must consider includes

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Q. Considering types of retailer stores, the one which is low margin, high volume and offers self-service operations to serve consumers grocery needs is classified as

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Q. The off-price retailer that sells limited brand names for grocery items or other variety, offering discount to customers who pay membership fees is called

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