The kind of reduction made to those buyers who buy large volumes of products is classified as

Related MCQs

• Companies are now offering services like selling and delivering products over the internet. What is this kind of business service known as?
• The __________ concept holds that consumers will favor those products that offer the most quality, performance, or innovative features.
• The new product pricing strategy through which the companies set lower prices of services to gain large market share is classified as
• A consumer has taken a club membership for his entire family. What kind of needs does he hope to fulfill by availing the club’s services?
• To produce a better match between the number of people who want to eat at a restaurant on weekends and the availability of food and personnel to provide service to those people, a restaurant can:
• The pricing strategy in which prices are set lower to actual price to trigger short term sales is classified as
• The pricing strategy in which company divides location into different sectors and charge same price for each sector is classified as
• Services such as accounting, engineering, research and management consulting provided byfirms traditionally classified as _________.
• Degree to which manufactured units are identical and meet specification given by customersis classified as
• Which of the following features separate services from products? i. Perishability ii Intangibility iii Reliability iv Inseparability