Which of the following is incorrect about market growth stage?
A. Prices may remain stable or fall depending upon the demand of the product
B. The firm may add new features to the product and enter into new market segments
C. Profit margins touch a low level
D. It is a period of quick and wide customer acceptance
Answer: Option C
The four unique elements to services include:
A. Independence, intangibility, inventory, and inception
B. Independence, increase, inventory, and intangibility
C. Intangibility, inconsistency, inseparability, and inventory
D. Intangibility, independence, inseparability, and inventory
A. Learning
B. Role selection
C. Perception
D. Motivation
While buying milk which kind of behavior is displayed by a person?
A. Extensive problem solving behavior
B. Routinized buying behavior
C. Variety seeking behavior
D. None of the above
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