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51
Using the names of company's powerful brands for line extentions
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Answer: Option B
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52
Which of the following terms is used to describe the situation when an existing brand name is applied to new sizes or flavours of a product or other variants, but in the same product category, these are new product launches?
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Answer: Option C
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53
The retailer sells goods in . . . . . . . .
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Answer: Option B
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54
Which one of the following modes is not an example of direct and database marketing communication?
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Answer: Option A
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55
Which is not the element of marketing mix?
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Answer: Option B
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56
Who is associated with concept of marketing myopia?
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Answer: Option A
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57
Which of the following is not an objective of penetration pricing?
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Answer: Option D
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58
Items, considered part of the augmented product, do not include :
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Answer: Option D
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59
Match List-I with List-II and select the correct answer:
List-I List-II
a. Skimming pricing 1. A market having high price elasticity
b. Differential pricing 2. A market having high price inelasticity
c. Penetrating pricing 3. A market having several segments differing prominently with regard to price elasticities of their demand
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Answer & Solution
Answer: Option C
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60
When a company treats each single customer as a separate segment, this is called
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Answer: Option D
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