Match the following in the term of Strategies with Examples:
List-I (Strategies) | List-II (Examples) |
a. Differential pricing | 1. Customer lounges to sit in while waiting for a table at service centres etc. |
b. Complimentary service | 2. Breakfast service by McDonald's and mini vacation and weekends by hotels |
c. Reservation system | 3. Low prices for early and evening movies, weekend discounts for car parking rentals |
d. Non-peak demand cultivation | 4. Airlines, hotels and physicians employ extensively |
A. a-1, b-3, c-2, d-4
B. a-4, b-2, c-1, d-3
C. a-2, b-1, c-4, d-3
D. a-3, b-1, c-4, d-2
Answer: Option D
Related Questions on Marketing Management
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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