Practice mode / Marketing Channels The convenience products in industrial markets are also called as? A Option A: industry supplies B Option B: industry services C Option C: industry capital items D Option D: industry material and parts Correct answer A. industry supplies Show answer
Question 01 / Marketing Channels If the cost of product is $30 and the profit margin for each unit is $3 then the price that must be charged to customers is? A Option A: $30 B Option B: $33 C Option C: $27 D Option D: $34 Correct answer B. $33 Show answer Open question
Question 02 / Marketing Channels The kind of channel arrangement which involves one or more than one independent wholesalers, producers and retailers is classified as? A Option A: vertical marketing system B Option B: static distribution channel C Option C: conventional distribution channel D Option D: horizontal marketing system Correct answer C. conventional distribution channel Show answer Open question
Question 03 / Marketing Channels The most crucial and first step in marketing process is? A Option A: Designing a marketing strategy B Option B: Create customer delight C Option C: Understanding customer needs and wants D Option D: Capturing value from customers Correct answer C. Understanding customer needs and wants Show answer Open question
Question 04 / Marketing Channels The types of vertical marketing system are? A Option A: contractual VMS B Option B: corporate VMS C Option C: administered VMS D Option D: all of above Correct answer D. all of above Show answer Open question
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