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 8 of 12

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Q71.
The new product development proposes screening framework as
Discuss
Answer: (d).real-win-worth doing
Q72.
In business buying process, the group who has formal authority of supplier selection is classified as
Discuss
Answer: (d).buyer
Q73.
The pricing strategy which provides the right combination of good service and quality at fair price is classified as
Discuss
Answer: (a).good value pricing
Q74.
The stage in buying behavior which follows the reviews of supplier proposals by business buyer is
Discuss
Answer: (a).supplier selection
Q75.
The business buying situation in which the buyer reorders the same product is classified as
Discuss
Answer: (b).modified rebuy
Discuss
Answer: (a).large scale production firms
Q77.
The organization's buying behaviors of raw materials for production purposes is called
Discuss
Answer: (a).business buyer behavior
Q78.
The strategy of distribution in which seller allow certain outlets to sell its product is classified as
Discuss
Answer: (a).exclusive distribution
Q79.
The trial amount of any market offering for limited time before full introduction in market is classified as
Discuss
Answer: (c).sample
Q80.
The firm can obtain new product by
Discuss
Answer: (a).acquisition