Markets and Buyer Behavior MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Markets and Buyer Behavior, a fundamental topic in the field of Marketing and Marketing Management. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Markets and Buyer Behavior MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Markets and Buyer Behavior mcq questions that explore various aspects of Markets and Buyer Behavior problems. Each MCQ is crafted to challenge your understanding of Markets and Buyer Behavior principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Marketing and Marketing Management tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Markets and Buyer Behavior MCQs are your pathway to success in mastering this essential Marketing and Marketing Management topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Markets and Buyer Behavior. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Markets and Buyer Behavior knowledge to the test? Let's get started with our carefully curated MCQs!

Markets and Buyer Behavior MCQs | Page 12 of 12

Q111.
The trading of raw material through online sources between buyers and sellers is classified as
Discuss
Answer: (a).e-procurement
Q112.
The kind of reduction made to those buyers who buy large volumes of products is classified as
Discuss
Answer: (d).quantity discount
Q113.
The pricing issue arise when manufacturer could not force dealers or retailers to charge a specific price is classified as
Discuss
Answer: (c).resale price maintenance
Q114.
The demand which is affected by price changes in short term is
Discuss
Answer: (a).elastic demand
Q115.
The product life cycle stages helps in describing
Discuss
Answer: (d).all of above
Q116.
The stage which concludes the supplier's performance assessment by business buyers is classified as
Discuss
Answer: (c).performance review
Q117.
The exploration of new markets abroad is an example of
Discuss
Answer: (c).Opportunities
Q118.
The pricing strategy used to set price of by-products to make the price of main product even more competitive is classified as
Discuss
Answer: (a).by-product pricing
Q119.
The demand which is not affected by price changes in short term is
Discuss
Answer: (b).inelastic demand
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