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Which of the following characteristics is unique to the perfectly competitive market?
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Freedom of entry and exit
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The merchandise isn't homogeneous
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Prices tend to be high
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The marketing-mix variables are:
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Billing, price, brand and distribution
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Product, price, distribution and commercial communication
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Advertising, price, brand and commercial communication
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The stages that define the concept of the life cycle of a product are:
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Introduction, growth and decline
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Introduction, growth, maturity and decline
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Introduction and decline
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According to the number of suppliers and demanders, the markets are classified into:
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Of final consumers goods and industrial goods
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Free and intervened
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Monopolies, oligopolies and perfectly competitive markets
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To determine the market share of a company you need to know:
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The profitability of that company and of the rest of the companies that make up the sector
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The profitability of that company
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The sales of that company and the rest of the companies that make up the sector
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An oligopoly of supply is characterized by the existence of:
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Many buyers and few sellers
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Few buyers and few sellers
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Few buyers and many sellers
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In a situation of supply monopoly we find that:
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There are many demanders and only one supplier
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There are few suppliers and only one demander
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There are few suppliers compared to many demanders
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A perfectly competitive market is:
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One where there are many suppliers and a single demander
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One where there are many suppliers and many demanders with homogeneous product
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One where there are many suppliers and many demanders with a heterogeneous product
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The relationship between the sales of a company and the total sales of the companies in the sector is called:
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Productivity
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Cost effectiveness
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Market share
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The advertising that is carried out at the point of sale is called:
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Merchandising
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Marketing-mix
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Direct marketing
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The product, price, distribution and promotion:
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They constitute the marketing system
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They are variables whose combination is known as marketing-mix
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They constitute the production system
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In a monopoly supply market there are:
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Many suppliers versus many demanders with homogeneous products
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One supplier versus many demanders
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Many suppliers versus few demanders
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The distribution function consists of:
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The set of activities carried out to inform and persuade consumers
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Setting the prices
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The set of operations carried out to bring products closer to buyers
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A market is imperfectly competitive:
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If there are few sellers and many buyers
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If the products are homogeneous
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If the information is perfect
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At the maturity stage in the life cycle of a product:
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The greatest time of promotional campaigns occurs
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Sales stabilize
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More competitive products appear
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The marketing-mix is made up of:
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Promotion, price, product and service
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The product, price, communication and distribution
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The product, price, public relations and advertising
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The objective of market research is:
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Improve the quality of the product sold
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Marketing the goods that companies manufacture
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Provide information about the market and the environment
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A market segment is:
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The set of consumers who demand a product with similar characteristics
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A relationship between the sales figure of a company and the total sales figure of the companies in the sector
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The number of units that are sold by the group of companies that market the same product, but in a specific area
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The elements of the marketing-mix are:
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Product, price, distribution and sale
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Product, price, promotion and distribution
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Product, price, production and distribution
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In an oligopoly situation we find that:
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There are many demanders and only one supplier
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There are few suppliers and only one demander
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There are few suppliers compared to many demanders
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A market study consist of:
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Collect, process and analize information about the general environment, competitors and consumers
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Collect data from the specific environment
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Analize consumers
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The use of 3x2 is common in retail distribution. This action can be classified as:
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Advertising
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Sale promotion
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Public relations
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The stages that define the concept of the life cycle of a product are:
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Introduction, maturity and decline
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Introduction, growth and maturity
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Introduction, growth, maturity and decline
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Market segmentation consists of:
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Divide the market of potential customers into groups with homogeneous characteristics
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Divide the market into several equal parts
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Join groups of customers with similar characteristics
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Which of the following isn't a variable of the marketing-mix?
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Distribution
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Planning
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Price
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The market share of a company is:
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The part of the global demand of a market that supplies a company
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The total volume of purchases of a company
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The physical space that is assigned to a company in a shopping center
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The marketing-mix is made up of:
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Product, price, promotion and quality
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Product, price, promotion and distribution
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Product, price, promotion and advertising