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MCQs

Total Questions : 192 | Page 7 of 20 pages
Question 61. The shopping goods that are similar in quality and have different prices to justify the comparisons of shopping goods are classified as
  1.    homogeneous shopping goods
  2.    heterogeneous shopping goods
  3.    impulse shopping goods
  4.    emergency shopping goods
 Discuss Question
Answer: Option A. -> homogeneous shopping goods
Answer: (a).homogeneous shopping goods
Question 62. The system states the way, which users use the products and its related services is classified as
  1.    product classification system
  2.    consumption system
  3.    customer value system
  4.    product differentiation system
 Discuss Question
Answer: Option B. -> consumption system
Answer: (b).consumption system
Question 63. The examples of natural products include
  1.    cotton and jute
  2.    fruits and vegetables
  3.    wheat and livestock
  4.    iron ore and lumber
 Discuss Question
Answer: Option D. -> iron ore and lumber
Answer: (d).iron ore and lumber
Question 64. The perishable, variable and intangible goods that require more supplier creditability, adaptability and quality control are classified as
  1.    durable goods
  2.    non-durable goods
  3.    services
  4.    augmented goods
 Discuss Question
Answer: Option C. -> services
Answer: (c).services
Question 65. The kind of goods that are purchased by customers after comparing the products on the basis of price, quality and sustainability are classified as
  1.    unsought goods
  2.    specialty goods
  3.    convenience goods
  4.    shopping goods
 Discuss Question
Answer: Option D. -> shopping goods
Answer: (d).shopping goods
Question 66. The off-price retailer that sells limited brand names for grocery items or other variety, offering discount to customers who pay membership fees is called
  1.    factory outlets
  2.    warehouse clubs
  3.    factory clubs
  4.    surplus center
 Discuss Question
Answer: Option B. -> warehouse clubs
Answer: (b).warehouse clubs
Question 67. The retail stores such as Wal-Mart and Target are examples of
  1.    specialty stores
  2.    department store
  3.    discount store
  4.    super store
 Discuss Question
Answer: Option C. -> discount store
Answer: (c).discount store
Question 68. The retailer store 'Sears' is an example of
  1.    outbound store
  2.    inbound store
  3.    department store
  4.    intensive store
 Discuss Question
Answer: Option C. -> department store
Answer: (c).department store
Question 69. Considering types of retailers, the stores that are located near your residence, carry limited product line and remain open for seven days are called
  1.    selective store
  2.    extensive store
  3.    exclusive store
  4.    convenience stores
 Discuss Question
Answer: Option D. -> convenience stores
Answer: (d).convenience stores
Question 70. The wholesaler who does not take title of market offering and represents sellers and buyers while performing fewer functions is considered as
  1.    web wholesalers
  2.    brokers
  3.    agent
  4.    drop shippers
 Discuss Question
Answer: Option C. -> agent
Answer: (c).agent

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