The one who offers market leader’s product and improves it, is classified as ___________?

Related Mcqs:

1. The communication channel through which opinion leaders are educated about market offerings to spread information about that market offering is classified as?

   A. print and broadcast media B. word-of-mouth influence C. buzz marketing D. display and online media...

2. The number of variants of each product offers in a line is classified as ___________?

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

3. The product line stretching in which company serves middle market, to enter in low priced product as well as high priced product line is called _________?

   A. left-market stretch B. down-market stretch C. up-market stretch D. Two-way stretch...

4. The price discrimination in which same market offers it’s priced at two different levels, on the basis of consumer perception is classified as ________?

   A. image pricing B. channel pricing C. customer segment pricing D. product-form pricing...

5. 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...

6. The duplication of the market leader’s product and sells it in black market or through illegal dealers is classified as __________?

   A. counterfeiter B. cloner C. imitator D. adapter...

7. The marketing strategy in which a firm sells different segments and offers different product is classified as __________?

   A. individual marketing B. differentiated marketing C. mass marketing D. niche marketing...

8. The kind of shoppers that care the most about performance of product and variety that company offers are classified as ________?

   A. service quality shoppers B. price value customers C. affinity customers D. interactive customers...

9. The global product and marketing strategy in which new market offerings are created to gain share in foreign market is classified as?

   A. product invention B. communication invention C. joint invention D. ownership adaptation...

10. 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...