When a firm sets a low price for new product, this is said to be
market swimming
competitive pricing
penetration pricing
loss leader pricing
target pricing
Correct answer is C
No explanation has been provided for this answer.
Which of the following s a form of public relations?
Feature articles
Window display
Catalogue
Transportation and delivery services
Personal selling
Correct answer is A
No explanation has been provided for this answer.
Which of the following is a demerit of advertising?
Increases per-unit cost of goods
Leads to increased profit for producers
Provides information for customers
Reduces per-unit cost of goods
Increases competiton among producers
Correct answer is A
No explanation has been provided for this answer.
advertising
public relations
marketing
sales promotion
sales management
Correct answer is C
No explanation has been provided for this answer.
Contraband goods seized by the Customs and Excise Authority are kept in the
ordinary warehouse
bonded warehouse
public auctioneer's store
state warehouse
private warehouse
Correct answer is D
No explanation has been provided for this answer.