For most people, the purchase of cheese for daily use can be described as a
A. Completely novel buy
B. Modified re-buy
C. Routine re-buy
D. High involvement product
Answer: Option C
A. Completely novel buy
B. Modified re-buy
C. Routine re-buy
D. High involvement product
Answer: Option C
Launching a product in a small part of the market is called:
A. Competitive response
B. Competitive analysis
C. Test marketing
D. None of these
A. Product
B. Selling
C. Customer
D. Production
Markets which are organized and regulated by statutory measure are:
A. Regulated markets
B. Unregulated markets
C. World market
D. None of these
A. Innovators
B. Late majority
C. Early majority
D. Late adopters
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