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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.

If your company were to make light bulbs to be used in photocopiers you would most likely be selling to a _________ market?

A reseller

B business

C government

D service

Review Detailed Answer

Correct Answer: business

The Choice between high markups and high volume is part of which of the following retailer marketing decisions ?

A Target market decisions

B Produced assortment and services decisions

C Pricing decisions

D Promotion decisions

Review Detailed Answer

Correct Answer: Pricing decisions

__________ is person’s distinguishing psychological characteristics that lead to his or her own environment?

A Psychographics

B Personality

C Demographics

D Lifestyle

Review Detailed Answer

Correct Answer: Personality

When producers, wholesalers, and retailers act as a unified system they comprise a ?

A conventional marketing system

B power-based marketing system

C horizontal marketing system

D vertical marketing system

Review Detailed Answer

Correct Answer: vertical marketing system

The most logical budget setting method is found in the list below. Which is it ?

A Affordable method

B Percentage of sales method

C Competitive parity method

D Objective and task method

Review Detailed Answer

Correct Answer: Objective and task method

All of the following are methods by which a company can divide up its sales responsibilities EXCEPT ?

A territorial sales force structure

B pychographic trait sales force structure

C product sales force structure

D customer sales force structure

Review Detailed Answer

Correct Answer: pychographic trait sales force structure

The American Marketing Association suggests a list of code of ethics All of the following are ethics suggested in the area of distribution EXCEPT ?

A not manipulating the availability of a product for purpose of explotation

B not using coercion in the marketing channel

C using gray marketers whenever possible to save the consumer money

D not exerting undue influence over the reseller’s choice to handle a product

Review Detailed Answer

Correct Answer: using gray marketers whenever possible to save the consumer money

A company faces several major decisions in international marketing the first of these decisions is often ?

A deciding whether to go international

B looking at the global marketing environment

C deciding which markets to enter

D deciding how to enter markets

Review Detailed Answer

Correct Answer: looking at the global marketing environment

_______ is the concept under which a company carefully integrates and coordinates its may communications channels to deliver a clear consistent and compelling message about the organization and its products?

A The promotion mix

B Integrated international affairs

C Integrated marketing communications

D Integrated demand characteristics

Review Detailed Answer

Correct Answer: Integrated marketing communications

Which of the following is NOT one of the five stages of the buyers decision process?

A need recognition

B brand identification

C information search

D purchase decision

Review Detailed Answer

Correct Answer: brand identification

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Economics Mcqs 4423 MCQs [All-Courses]

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All Topics 4423

If your company were to make light bulbs to be used in photocopiers you would most likely be selling to a _________ market?

The Choice between high markups and high volume is part of which of the following retailer marketing decisions ?

__________ is person’s distinguishing psychological characteristics that lead to his or her own environment?

When producers, wholesalers, and retailers act as a unified system they comprise a ?

The most logical budget setting method is found in the list below. Which is it ?

All of the following are methods by which a company can divide up its sales responsibilities EXCEPT ?

The American Marketing Association suggests a list of code of ethics All of the following are ethics suggested in the area of distribution EXCEPT ?

A company faces several major decisions in international marketing the first of these decisions is often ?

_______ is the concept under which a company carefully integrates and coordinates its may communications channels to deliver a clear consistent and compelling message about the organization and its products?

Which of the following is NOT one of the five stages of the buyers decision process?