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Economics Mcqs

Setting call objectives is done during which of the following stages of the selling process?

A. Prospecting
B. Preapproach
C. Approach
D. Handling objections

Categories Economics Mcqs, Markets, Efficiency And The Public Interest Leave a comment

Metropolitan areas with a population of 1 million or more are called……………?

A. CMSAs (Consolidated Metropolitan Statistical Areas)
B. SMSAs (Standard Metropolitan Statistical Areas)
C. CBSAs (Core Bases Statistical Areas)
D. MSAs (Micropolitan Statistical Areas)

Categories Economics Mcqs, Miscellaneous Economics Mcqs Leave a comment

In determining salesforce size, when a company groups accounts into different size classes and then determines the number of salespeople needed to call on them the desired number of times it is called the ?

A. Key-size approach
B. work-load appraoch
C. product-need appraoch
D. call-service appraoch

Categories Economics Mcqs, Markets, Efficiency And The Public Interest Leave a comment

The Micropolitan Statistical Area consists of……………?

A. one urban cluster of at lest 10,000 but less than 50.000 population
B. one city of at least 50,000 population
C. one city of at least 1 million population
D. a region of the country

Categories Economics Mcqs, Miscellaneous Economics Mcqs Leave a comment

All of the following would be ways to segment within the category of psychographic segmentation EXCEPT ?

A. social class
B. occupation
C. lifestyle
D. personality

Categories Economics Mcqs, Markets, Efficiency And The Public Interest Leave a comment

Social institutions…………….?

A. are ingrained patterns of behavior representing solutions to universal human needs
B. are things like banks and schools
C. make up cultural components
D. all of the above

Categories Economics Mcqs, Miscellaneous Economics Mcqs Leave a comment

……… describes changes in an individual’s behavior arising from experience?

A. Modeling
B. Motivation
C. Perception
D. Learning

Categories Economics Mcqs, Markets, Efficiency And The Public Interest Leave a comment

An example of a basic pivotal institution is………….?

A. show business
B. gossip
C. sports
D. the family

Categories Economics Mcqs, Miscellaneous Economics Mcqs Leave a comment

The internet evolved from a network created by …….. during the 1960s?

A. the Commerce Department
B. the Massachusetts institutes of Technology (MIT)
C. Northwestern University
D. the Defense Department

Categories Economics Mcqs, Markets, Efficiency And The Public Interest Leave a comment

The family-and particularly marriage-binds its members through……………?

A. interfaith competition
B. legal and economic bonds
C. educational functions
D. class conflict

Categories Economics Mcqs, Miscellaneous Economics Mcqs Leave a comment
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