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Economics Mcqs 4423 MCQs [All-Courses]

Economics MCQs cover fundamental concepts of microeconomics and macroeconomics, including demand and supply, inflation, national income, and economic policies.
This section is designed to strengthen analytical skills and conceptual understanding for competitive examinations.
Highly useful for PPSC, FPSC, NTS, OTS, KPPSC, and other testing services preparation.

The fact that services are sold, produced and consumed at the same time refers to which of the following service characteristics ?

A Intangibility

B Inseparability

C Variability

D Perishability

Review Detailed Answer

Correct Answer: Inseparability

Many U.S firms have sought relief from foreign competition by demanding protectionism policies by the U.S government. A better way for companies to compete is to expand into foreign markets and ?

A lower prices

B increase promotion both at home and abroad

C continuously improve their products at home

D join into cartels at home

Review Detailed Answer

Correct Answer: continuously improve their products at home

_________ is a principle of enlightened marketing that requires that a company seek real product and marketing improvements ?

A Innovative marketing

B Consumer oriented marketing

C value marketing

D Sense of mission marketing

Review Detailed Answer

Correct Answer: Innovative marketing

________ are ads that appear while subscribers are surfing online services or Web sites, including banners, pop-up windows, tickers and roadblocks?

A Online infomercials

B Online ads

C Online broadcasts

D Online bullets

Review Detailed Answer

Correct Answer: Online ads

When a company enters a new product category for which its current brand names are not appropriate it will likely follow which of the following brand strategies ?

A Product extensions

B Line extensions

C Brand extensions

D New brands

Review Detailed Answer

Correct Answer: New brands

Wal-Mart owned Sam’s club is an example of a retail called a(n) ?

A factory outlet

B super specialty store

C seconds store

D warehouse club

Review Detailed Answer

Correct Answer: warehouse club

Yahoo, Infoseek, and Baido are all called ?

A browsers

B Webcasters

C search engines

D software

Review Detailed Answer

Correct Answer: search engines

Anything that can be offered to a market for attention acquisition, use, or consumption that might satisfy a want or need is called a(n) ?

A idea

B demand

C product

D service

Review Detailed Answer

Correct Answer: product

Successful service companies focus their attention on both their customers and their employees they understand ________ which links service firm profits with employee and customer satisfaction ?

A internal marketing

B service-profit chains

C interactive marketing

D service differentiation

Review Detailed Answer

Correct Answer: service-profit chains

If a company’s objective were to reach masses of buyers that were geographically dispersed at a low cost per exposure the company would like choose which of the following promotion forms ?

A Advertising

B Personal selling

C Public relations

D Sales promotion

Review Detailed Answer

Correct Answer: Advertising

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

The fact that services are sold, produced and consumed at the same time refers to which of the following service characteristics ?

Many U.S firms have sought relief from foreign competition by demanding protectionism policies by the U.S government. A better way for companies to compete is to expand into foreign markets and ?

_________ is a principle of enlightened marketing that requires that a company seek real product and marketing improvements ?

________ are ads that appear while subscribers are surfing online services or Web sites, including banners, pop-up windows, tickers and roadblocks?

When a company enters a new product category for which its current brand names are not appropriate it will likely follow which of the following brand strategies ?

Wal-Mart owned Sam’s club is an example of a retail called a(n) ?

Yahoo, Infoseek, and Baido are all called ?

Anything that can be offered to a market for attention acquisition, use, or consumption that might satisfy a want or need is called a(n) ?

Successful service companies focus their attention on both their customers and their employees they understand ________ which links service firm profits with employee and customer satisfaction ?

If a company’s objective were to reach masses of buyers that were geographically dispersed at a low cost per exposure the company would like choose which of the following promotion forms ?