Super markets are retail stores, which handle relatively a large volume of goods, service at . . . . . . . . cost, high margin principle of retailing.
A. high cost
B. no profit-no loss
C. low cost
D. Both A and C
Answer: Option B
A. high cost
B. no profit-no loss
C. low cost
D. Both A and C
Answer: Option B
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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