A. expected
B. maximum
C. minimum
D. None of above
Related Mcqs:
- If sales forecast graphically shown, the vertical axis shows ___________?
A. sales
B. marketing effort
C. raw material cost
D. production - The sales forecast is graphically shown, the horizontal axis shows _________?
A. raw material cost
B. production
C. sales
D. marketing effort - In graph of market demand, the products resulting demand is written on __________?
A. market equilibrium point
B. Company’s equilibrium point
C. horizontal axis
D. vertical axis - The budget which is set slight lower than the sales forecast is classified as ___________?
A. raw material budgeting
B. product budgeting
C. sales budget
D. quota system - To create fit between demand and supply, the non-peak demand, complementary services, differential pricing and reservations systems are the strategies of ___________?
A. demand side
B. supply side
C. complementary side
D. descriptive side - The distance between market potential and minimum demand is said to be ___________?
A. price sensitivity
B. market sensitivity
C. market sensitivity of demand
D. product sensitivity - In the graph of market demand function, the different companies marketing expenditures are shown on the ___________?
A. horizontal axis
B. vertical axis
C. market equilibrium point
D. Company’s equilibrium point - In business markets, the demand of business goods is more volatile than demand for consumer goods, is classified as_________?
A. fluctuating demand
B. stable demand
C. unstable demand
D. freeze demand - If the demand for the product does not change with the small change in price then the demand is said to be ________?
A. interactive
B. augmented
C. elastic
D. inelastic - If the demand of the product changes considerably with the small change in price then the demand is said to be __________?
A. interactive
B. augmented
C. elastic
D. inelastic
