Commercial Applications
The asset which can only be perceived indirectly such as an insurance policy is called ……………
- Tangible product
- Intangible product
- Service
- None of these
Related Questions
A …………… is technology based whereas a …………… is person-based.
- Sales, product
- Product, market
- Product, promotion
- Product, service
Which of the following products are used for further production of goods and services.
- Consumer products
- Industrial products
- Financial products
- None of these
Choose the correct statement.
- Marketing is the process of transferring the ownership from producer to buyer.
- Selling is a wider term than marketing.
- Marketing seeks to create demand, to satisfy the customers, to increase markets shares etc.
- None of the above
Which type of market is most likely to involve face-to-face interaction but does not require a physical retail setting?
- Mail Order Market
- Catalogue Market
- Automatic Vending Machine Market
- Direct Sales Market