Marketing questions and answers

Marketing Questions and Answers

Prepare for your Marketing exam with our growing list of marketing past questions and answers.

326.

The idea that consumers will prefer goods and services that are available and affordable is_____________

A.

Selling concept

B.

Product concept

C.

Production concept

D.

Marketing concept

Correct answer is B

No explanation has been provided for this answer.

327.

An example of long-term source of fund for an entrepreneur is____________

A.

Debenture

B.

Trade credits

C.

Overdraft

D.

Customer advances

Correct answer is A

No explanation has been provided for this answer.

328.

An internal source of fund for an entrepreneur is__________

A.

Bank loan

B.

Overdraft

C.

Trade credit

D.

Retained earnings

Correct answer is D

No explanation has been provided for this answer.

329.

The willingness and ability to identify business opportunity, establish and operate it successfully is________

A.

Distribution

B.

Wholesaling

C.

Entrepreneurship

D.

Purchasing

Correct answer is C

No explanation has been provided for this answer.

330.

Which of the following option is not a function of a warehouse?

A.

To increase the price of goods

B.

Store goods for consumption purpose

C.

Store goods till when needed for supply

D.

Stabilization of price of goods

Correct answer is A

No explanation has been provided for this answer.