The markets in which the goods are bought for personal consumption by the individuals and households are called?

Related Mcqs:

1. The products or market offering bought by consumers for personal consumption are classified as?

   A. augmented product
   B. consumer products
   C. industrial products
   D. intangible services

2. The markets in which the goods are bought for production processes by the business owners are called?

   A. business markets
   B. international markets
   C. consumer markets
   D. government markets

3. The functions of marketing channels such as payment for bought goods and ordering of goods to create flow of activity in ________?

   A. forward direction
   B. backward direction
   C. leftward direction
   D. rightward direction

4. 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

5. The markets in which the market offerings are bought from sellers for reselling purpose are known as?

   A. business markets
   B. reseller markets
   C. government markets
   D. international markets

6. 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

7. The average waiting time of customer’s to receive receipts of goods bought are classified as _______?

   A. jobber time
   B. spatial time
   C. delivery time
   D. lot time

8. The goods that are frequently and immediately bought by consumer’s are classified as ___________?

   A. unsought goods
   B. specialty goods
   C. convenience goods
   D. shopping goods

9. 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

10. The study of how groups, individuals and firms buy goods and services to satisfy their needs is called____________?

    A. membership behavior
    B. market behavior
    C. database behavior
    D. consumer behavior