The manufacturer of microscope selling its product t... - Solved MCQs & Answer

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The manufacturer of microscope selling its product to colleges, universities and specific laboratories is an example of ________?

Asingle product concentration

Bmarket specialization

Cmass customization

Dproduct specialization

Correct answer

D. product specialization

Explanation

product specialization is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.

The emulation of market leader’s product packaging with little variations is classified as ____________?

The after-sale services are part of?

If the unit cost is $15 and desired return rate on sales is 0.30 then markup price is?

In the buying process, the group that have indirect impact on consumers is classified as __________?

In business markets, the demand of business goods is more volatile than demand for consumer goods, is classified as_________?

The pricing technique used by sellers while selling individual products in bundles is _______?