The markets in which participants directly exchange goods or services are classified as________?

Related Mcqs:

1. 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

2. The markets which include buying from manufacturers rather than intermediaries is classified as________?

   A. relative buyers
   B. price sensitive buyers
   C. business markets
   D. consumer markets

3. The simple and routine exchanges with moderate level of cooperation and exchange of information is classified as________?

   A. basic buying and selling
   B. contractual selling
   C. contractual buying
   D. cooperative systems

4. The relationship which requires less cooperation and exchange of information is classified as________?

   A. contractual selling
   B. contractual buying
   C. cooperative systems
   D. bare bones

5. Companies selling mass consumer goods and services such as soft drinks, cosmetics, air travel, and athletic shoes and equipment spend a great deal of time trying to establish a superior brand image in markets called __________.

   A. Business markets
   B. Global markets
   C. Consumer markets
   D. Nonprofit and governmental markets

6. The buying mode in which the buyer purchases products or services for the very first time is classified as________?

   A. new task
   B. modified task
   C. straight task
   D. in-house task

7. The buying mode which requires additional participants at buyers and suppliers end is best classified as__________?

   A. modified buyers
   B. modified task
   C. modified rebuy
   D. modified buy

8. The form of countertrade in which buyer’s and seller’s exchange goods without involving any third party is classified as _________?

   A. barter
   B. compensation deal
   C. offset
   D. buy back arrangement

9. The type of trading in which buyers and sellers exchange goods in place of payments is classified as _______?

   A. ascending trade
   B. sealed trade
   C. countertrade
   D. descending trade

10. The ‘customer markets’ & ‘publics’ are included in company’s environment calledThe ‘customer markets’ & ‘publics’ are included in company’s environment called?

    A. Macro environment
    B. Microenvironment
    C. Both a and b
    D. None of above