In a small market , which is better?

Related MCQs

• Entire product marketing programme is tried out for the first time in a small number of well selected markets like small cities or small areas. What is it called ?
• When a product has long life cycle , it has mass market, entry of rivals in to market is easy and demand is elastic. Which pricing policy can be adopted?
• All companies charge the same price and smaller players follow the price set by the market players. Which is this method?
• What happens when a firm introduces new product to a market in which it is established?
• Which is the condition for market penetration?
• In which type of market There is no distinction between firm and industry ?
• In which market, advertisement is absent:
• Which type of market have the features of homogeneity, uniform selling price , free entry and exit of firms etc ?
• In Which market segmentation, the producer doesn’t differentiate between different customers?
• The market in which goods are bought and sold in bulk quantity :