E-PolyLearning

201. Allocation of goods takes place by ways of
a. place
b. promotion
c. channels
d. All of options
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Answer: (c).channels

202. Short run or long run method by which a company settle on price and output rank that returns maximum profit is
a. product enhancement
b. short run pricing
c. profit
d. profit maximization
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Answer: (d).profit maximization

203. Four P's was initially expressed by
a. E J McCarthy
b. Kotler
c. Rob Gray
d. Mishkin
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Answer: (a).E J McCarthy

204. Something widely offered in open market is
a. commodity
b. product
c. raw materials
d. a & b
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Answer: (a).commodity