Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

3,196.

A manufacturer can make his product distinguishable from those of other competitors by

A.

providing catalogues for his wholesalers

B.

aggressive sale ppromotion

C.

branding and packaging the product

D.

selling the product at a much lower price

Correct answer is C

No explanation has been provided for this answer.

3,197.

Taking a new product to a particular part of a country to test the reaction of consumers to the product referred to as

A.

sales promotion

B.

sampling

C.

merchandizing

D.

advertising

Correct answer is A

No explanation has been provided for this answer.

3,198.

The breaking down of a market into separate and identifiable elements each with its own special product requirement is known as market

A.

differentiation

B.

segmentation

C.

penetration

D.

identification

Correct answer is B

No explanation has been provided for this answer.

3,199.

The marketing approach by which a firm carries out detailed analysis of itself, the consumers and its competitors is known as?

A.

market analysis

B.

marketing mix analysis

C.

marketing opportunities analysis

D.

market survey

Correct answer is D

No explanation has been provided for this answer.

3,200.

Which of the following is NOT a function of the stock exchange market?

A.

providing long term loans to large scale enterprises

B.

encouraging people to buy shares and thereby providing capital for investment

C.

providing means of assessing the value of a firm's assets

D.

enabling firms to wind-up quickly in times of difficulties

Correct answer is D

No explanation has been provided for this answer.