The winding up of a firm by a resolution of its shareholders is an example of
voluntary liquidation
bankruptcy
recession
involuntary liquidation
Correct answer is A
No explanation has been provided for this answer.
Ordianry warehouse is usually owned and used by
government
agents
retailers
wholesalers
Correct answer is D
No explanation has been provided for this answer.
The function of money that is mostly affected by inflation is
store of value
medium of exchange
measure of value
unit of account
Correct answer is A
No explanation has been provided for this answer.
concentration segmentation
market concept
consumer orientation
market penetration
Correct answer is A
The Marketing Concept. The marketing concept is the philosophy that firms should analyze the needs of their customers and then make decisions to satisfy those needs, better than the competition.
Market penetration is a measure of the amount of sales or adoption of a product or service compared to the total theoretical market for that product or service. In addition, market penetration can also include the activities that are used to increase the market share of a particular product or service.
The purpose of segmentation is the concentration of marketing energy and force on the subdivision (or the market segment) to gain a competitive advantage within the segment.
consumer orientation. a business philosophy of a company which emphasizes the provision of GOODS and SERVICES that have been specially designed to satisfy the needs of its customers.
demurrage charges
premium charges
excess charges
trade charges
Correct answer is A
No explanation has been provided for this answer.