Practice mode / Retailing and Wholesaling Strategy The less frequently purchased consumer products are called? A Option A: shopping products B Option B: specialty products C Option C: unsought products D Option D: sought products Correct answer A. shopping products Show answer
Question 01 / Retailing and Wholesaling Strategy In PLC stages, the stage in which the product has rapid market acceptance and profits are likely to increase slightly is called? A Option A: growth stage B Option B: repetition stage C Option C: turbulent stage D Option D: non-turbulent Correct answer A. growth stage Show answer Open question
Question 02 / Retailing and Wholesaling Strategy To form significant picture of the world, the process of information selection, organizing and interpreting is referred as? A Option A: perception B Option B: brand image C Option C: self-concept D Option D: self-image Correct answer A. perception Show answer Open question
Question 03 / Retailing and Wholesaling Strategy If a customer buys a cell phone and buy the Bluetooth hands free later then pricing strategy used in this situation is called? A Option A: bi-product pricing B Option B: optional product pricing C Option C: Two way pricing D Option D: Two part pricing Correct answer B. optional product pricing Show answer Open question
Question 04 / Retailing and Wholesaling Strategy Considering products and service classification, the marketing offering such as furniture is an example of? A Option A: specialty products B Option B: non-shopping products C Option C: augmented products D Option D: shopping products Correct answer D. shopping products Show answer Open question
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