How can you classify the market On the basis of area?

Related MCQs

• On the basis of demand and supply , market can be classified in to :
• 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?
• On the basis of nature of competition markets can be classified in to :
• Which Motive that influence where a person purchase product on a regular basis?
• which type of retailers open their shops on fixed days or dates in a specified area?
• Companies adding lower prices products to a product line to add sales to the line and attract a broader market. What kind of product mix modification is this?
• 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?
• Who has introduced the concept of market segmentation?