Products,Services and Brands MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Products,Services and Brands, 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 Products,Services and Brands 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 Products,Services and Brands mcq questions that explore various aspects of Products,Services and Brands problems. Each MCQ is crafted to challenge your understanding of Products,Services and Brands 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 Products,Services and Brands 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 Products,Services and Brands. 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 Products,Services and Brands knowledge to the test? Let's get started with our carefully curated MCQs!

Products,Services and Brands MCQs | Page 9 of 20

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Q81.
The retailing operation which is operated and owned by manufacturer and carries surplus or irregular goods is classified as
Discuss
Answer: (a).factory outlets
Q82.
The independent wholesaler which takes title of market offering is called
Discuss
Answer: (d).merchant wholesalers
Q83.
The third step of value based pricing is to
Discuss
Answer: (c).determine incurred costs
Q84.
The contractual agreement between wholesaler, service organization and manufacturer according to which business people have rights to own units is classified as
Discuss
Answer: (a).franchise
Q85.
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
Discuss
Answer: (b).wheel of retailing concept
Q86.
The major product variables that retailers must consider includes
Discuss
Answer: (d).all of above
Q87.
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
Discuss
Answer: (b).super market
Q88.
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
Discuss
Answer: (b).warehouse clubs
Q89.
The retailer store 'Sears' is an example of
Discuss
Answer: (c).department store
Q90.
The wholesaler who does not take title of market offering and represents sellers and buyers while performing fewer functions is considered as
Discuss
Answer: (c).agent