What is not correct with respect to the consumer protection act, 1986?
A. No complaint can be entertained in respect of a product purchased more than 2 years back
B. A complaint against medical negligence can be filed by legal heir or representative of the deceased
C. A complaint involving a claim of Rs. 15 lakhs is to be filed before the State Commission
D. Both A and C
Answer: Option C
This Question Belongs to Commerce >> 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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