E-PolyLearning

46. The resources and dollars allocated to companies or products promotional program are classified as
a. advertising messages
b. advertising budget
c. advertising strategy
d. advertising objective
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Answer: (b).advertising budget

47. The fit between customer need and company's market offering in 'Strangers' group is
a. Little fit
b. Strong fit
c. Good fit
d. Limited fit
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Answer: (a).Little fit

48. The cost of products or services are considered to set
a. floor for cost
b. ceiling for prices
c. floor for prices
d. ceiling for cost
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Answer: (c).floor for prices

49. The good, service or idea that is perceived as new by potential customers is an example of
a. adoption process
b. new product
c. existing product
d. none of above
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Answer: (b).new product

50. The 'buyer's black box' consists of
a. characteristics of buyers
b. technological factors
c. the cultural environment
d. the economic environment
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Answer: (a).characteristics of buyers