‐‐‐‐‐‐ is an attempt to reduce the demand for consumption of a specific product or service on a permanent or temporary basis.

Related MCQs

• A person who purchases a product or service either for his own consumption or for others is known as………….
• A ______________ is a set of interdependent organizations involved in the process of making a product or service available for use of consumption by the consumer or business user.
• Under ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐ pricing, price is set on the basis of managerial decisions and not on the basis of cost, demand, competition etc.
• Setting price on the basis of the demand for the product is known as……
• All marketing activities that attempt to stimulate quick buyer action or immediate sales of a product are known as ______________________
• All marketing activities that attempt to stimulate quick buyer action or immediate sales of a product are known as ______________________
• …………………..is concerned with finding ways to reduce the demand temporarily or permanently.
• Marketing that converts negative demand to positive demand is known as
• Setting price on the basis of the competition for the product is known as……….
• Setting price on the basis of the competition for the product is known as……….