M C Q s D r i v e

Economics Mcqs 4423 MCQs [All-Courses]

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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.

Drop shippers perform which of the following functions ?
A Assumes title and ships coal, lumber or heavy equipment to a buyer
B Stocks the bread rack in a grocery store
C Maintains, owns and stocks a CD display in a grocery store
D Sells jewelry out of a catalog
Correct Answer: Assumes title and ships coal, lumber or heavy equipment to a buyer
________ is setting the price steps between various products in a product the based on cost difference between the products, customer evaluations of different features, and competitors prices ?
A Optional-product pricing
B Captive-product pricing
C Product line pricing
D By-product pricing
Correct Answer: Product line pricing
Which of the following promotional budget methods wrongly views sales as the cause of promotion rather than as the result ?
A Affordable method
B Percentage of Sales method
C Competitive parity method
D Objective and task method
Correct Answer: Percentage of Sales method
When an international seller sells a plant equipment or technology to another country and agrees to take payment in the resulting products, it is called?
A barter
B buy-back
C counterpurchase
D like-value-exchange
Correct Answer: buy-back
When Micheal Jordan and Tiger Woods use marketing to promote their careers and improve their impact and incomes they are using?
A cause-related marketing
B idea marketing
C nonprofit marketing
D person marketing
Correct Answer: person marketing
_______ factors are the most popular bases for segmenting customer groups?
A Geographic
B Demographic
C Psychographic
D Behavioral
Correct Answer: Demographic
It is fact that there are 24 million left-handed people in the United States however most marketers do not attempt to appeal to or design products for this group because there is little in the way of census data about this is group Therefore, this groups fails in one of the requirements for effective segmentation Which of the following is most likely to apply in this case ?
A actionable
B substantial
C differentiable
D measurable
Correct Answer: measurable
________ is the process of evaluating each market segment’s attractiveness and selecting one or more segments to enter?
A Mass marketing
B Market segmentation
C Market targeting
D Market positioning
Correct Answer: Market targeting
In terms of special product life cycles a ________ is a basic and distinctive mode expression?
A genre
B style
C fashion
D fad
Correct Answer: style
________ consists of dividing a market into distinct groups of buyers on the basis of needs, characteristics or behavior who might require separate products or marketing mixes?
A Product differentiation
B Market segmentation
C Market targeting
D Market positioning
Correct Answer: Market segmentation