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Consumer Markets and Buyer Behavior

The employees of company can also contribute in idea generation and this source can be best classified as?

A. internal idea sources
B. external idea sources
C. off shoring ideas
D. outdated ideas

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The promotional products used in consumer promotion are also classified as?

A. price packs
B. advertising specialties
C. sweepstakes
D. cash rebates

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The products that are bought without detailed comparisons are best classified as?

A. sought products
B. unsought products
C. less convenient products
D. convenient products

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The logistic network through which the unwanted or excess products by resellers or consumers is classified as?

A. inbound distribution
B. outbound distribution
C. forward distribution
D. reverse distribution

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The value creating activities carried by internal departments of company are classified as?

A. Value chain
B. Value delivery network
C. Portfolio analysis
D. None of above

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The new product development proposes screening framework as?

A. real-worth doing-win
B. win-real-worth doing
C. worth doing-real-win
D. real-win-worth doing

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In business buying process, the group who has formal authority of supplier selection is classified as?

A. user
B. influencer
C. decider and gatekeeper
D. buyer

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The pricing strategy which provides the right combination of good service and quality at fair price is classified as?

A. good value pricing
B. cost plus pricing
C. value added pricing
D. quality based pricing

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The stage in buying behavior which follows the reviews of supplier proposals by business buyer is?

A. supplier selection
B. proposal solicitation
C. supplier search
D. order-routine specification

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The business buying situation in which the buyer reorders the same product is classified as?

A. new task
B. modified rebuy
C. straight rebuy
D. solutions selling

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