The cost reduction approach states that product components can be redesigned without affecting performance is classified as___________?

Related Mcqs:

1. The function of closeness between product’s performance and product expectation is classified as ___________?

   A. satisfaction
   B. dissatisfaction
   C. high performance
   D. bad performance

2. A. width of product mix B. length of product mix C. depth of product mix D. consistency of product mix __________?

   A. guarantees
   B. warranties
   C. labeling
   D. packaging

3. The product strategy according to which product is marketed without any change in foreign market is classified as?

   A. product adaptation
   B. straight product extension
   C. product invention
   D. communication adaptation

4. The kind of pricing strategy in which one product or service is sold for two different prices without any differences in cost is classified as?

   A. segmented pricing
   B. psychological pricing
   C. promotional pricing
   D. geographical pricing

5. The type of product failure can cause any embarrassment in front of family and friends is classified as___________?

   A. social risk
   B. attitude risk
   C. psychological risk
   D. physiological risk

6. If the price of product is $150, cost of maintenance is $15 and the discounted salvage value is $85, then the life cycle cost of product is _________?

   A. $80
   B. $165
   C. $15
   D. $85

7. The product mix pricing technique through which companies develop product lines for pricing instead of single product is classified as __________?

   A. by-product pricing
   B. optional-feature pricing
   C. product line pricing
   D. Two-part pricing

8. The cost of the product that can be added to other large purchase of the product is classified as_____________?

   A. integrate loss
   B. segregate loss
   C. segregate gains
   D. integrate gains

9. The ads affecting consumer’s subconscious minds are classified as?

   A. online advertising
   B. subliminal advertising
   C. luminal advertising
   D. both b and c

10. The ads affecting consumer’s subconscious minds are classified as?

    A. online advertising
    B. subliminal advertising
    C. luminal advertising
    D. both b and c