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chapter eight Question Traditional bank

 chapter 8 Question Financial institution Essay

Principles of promoting – MKG 201

Chapter 8 – Product Decisions - Query Bank

Multiple choice questions & answers: [For Quiz] [Answers are proclaimed in green and underlined] 1 . New product creation essential because of –

a. Changing customer needs and wants

m. Evolving of recent technologies

c. Both a and m

d. non-e of the above

installment payments on your New product can be -

a. New product lines

m. New to the world products

c. Both equally a and b

m. non-e of the above

3. Hurdles in new product expansion are –

a. Deficit of ideas

n. High cost of creation

c. Both a and b

d. non-e with the above

4. Business Analysis involves –

a. Estimating total sales

b. Price costs and profits

c. Conducting make your money back analysis

d. All the above

your five. Appropriate nation to test market a new product –

a. India

n. Saudi Arabia

c. Indonesia

d. non-e in the above

six. Essential for the success of new product concept –

a. Product superiority

b. General company in shape

c. Offer financial advantage to user

d. All the above

7. Stages in a Product life circuit [PLC] –

a. Advantages stage

b. Growth stage

c. Maturity and decline stage

d. All of the above

8. Speedy skimming strategy means –

a. Recharging high price and spending high on promotion

n. Charging low price

c. Charging high price and low promo

d. All the above

9. Speedy penetration approach means --

a. Charging high price and spending high on promo

b. Asking low price and spending high on promotion

c. Charging higher price and low promotion

deb. Low promo

15. Slow skimming strategy means –

a. Charging high price and spending high on campaign

b. Asking low price and spending at the top of promotion

c. Charging high price and spending low on promotion

g. Low promotion

Tick true or false: [answers marked in green, bold and underlined]

11. New releases are a key to growth. True / Bogus

12. Corporations that surpass in expanding and handling new products will not reap big...

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