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| Question | Answer |
|---|---|
| What is not a part of 4 P’s of marketing? | Profit |
| 2.What is wrong with explanations about target market and segmentation? | Behavioral - behaviour, preference |
| What is missing in the chain collecting data?Defining problem – obtain data - ... – recommend solution - ... •Understand data; share results | Analyse information; apply results |
| What is price of the T-shirt for $10 with PPI of 20%? | $12 |
| Why government tries to protect competition from monopoly? •Exclusive control product •Can hurt consumers with higher price •Heavily regulators •All of the above | All of the above |
| What is right order having economy for most countries nowadays? 1.Mixed economy 2.Planned economy 3. Market economy •2, 1, 3 •3, 2, 1 •2, 3, 1 •one economy was missed | 3, 2, 1 |
| A. Primary data is more reliable B. Secondary data is easier to obtain •Just A is correct •Just B is correct •A and B are both correct •Neither A or B is correct | A and B are both correct |
| Nick is going to invest $100,000. He cannot decide what business to invest. “Concierge” has offer 8% ROI for 10 years; “BounTee” needs investment with 11% ROI for 4 years; “Aquaponics” with ROI 15% for 5 years. With what deal Nick will have more money? | "Concierge" |
| What is method to collect primary data? | Focus group |
| What is missing in the steps to pricing? Determine objective – study costs - ... – study competition – decide on pricing strategy - ... | Estimate demand; set price |
| What is the last step in new product development? | Launch |
| What is not part of visual merchandising? | Store back |
| What is not part of branding? | Brand name |
| What is example of direct distribution? | Producer t oconsumer |
| What is an example of Public relations? | E.R. |