M C Q s D r i v e

Economics Mcqs 4423 MCQs [All-Courses]

thumb


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 practice of going after a large share of a smaller market or subsets of a few markets is called ?
A undifferentiated marketing
B differentiated marketing
C concentrated marketing
D turbo marketing
Correct Answer: concentrated marketing
The type of salesforce structure in which the sales force sells along product lines is called a ?
A territorial salesforce
B product salesforce
C customer salesforce
D retail salesforce
Correct Answer: product salesforce
Joining with foreign companies to produce or market products and services is called ?
A direct exporting
B indirect exporting
C licensing
D joint venturing
Correct Answer: joint venturing
A company is in the ________ stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product idea can be turned into a workable product ?
A product development
B commercialization
C marketing strategy
D business analysis
Correct Answer: product development
If Mark Mars pays Hershey Foods Corporation for the right to use their name on his line of T-shirts then Mr. Mars is using which type of branding ?
A Licensed brands
B Manufacturer’s brand
C Private brand
D Co-brand
Correct Answer: Licensed brands
All of the following factors can affect the attractiveness of a market segment EXCEPT ?
A the presence of many strong and aggressive competitors
B the likelihood of government monitoring
C actual or potential substitute products
D the power of buyers in the segments
Correct Answer: the likelihood of government monitoring
If a government uses barriers to foreign products such as biases against a foreign company’s bids or product standards that go against a foreign company’s product features the government is using ?
A Protectionism
B exchange controls
C exchange facilitators
D nontariff trade barriers
Correct Answer: nontariff trade barriers
If an advertiser wants flexibility timeliness good local market coverage broad acceptability, and high believability the advertiser will probably choose which of the following mass media types ?
A Newspapers
B Television
C Direct Mail
D Radio
Correct Answer: Newspapers
__________ has the advantage of being high in selectivity low cost; immediacy; and interactive capabilities?
A Direct Mail
B Outdoor
C Online
D Radio
Correct Answer: Online
One common misuse of marketing research findings in contemporary business is the tendency for marketing research tp ?
A become a vehicle for pitching the sponsor’s products
B become a vehicle for pitching the sponsor’s products
C become a means for raising prices
D become a means of unfair competition
Correct Answer: become a vehicle for pitching the sponsor’s products