June 2015 - Paper 3

36:

The practice of selling below cost, with an intention to destroying the competitor is referred to as :

A.	Loss - leader pricing
B.	Predatory pricing
C.	Price discrimination
D.	Penetration pricing
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

37:

After determining its pricing objectives, what is the next logical step a company should take in setting its pricing policy?

A.	Analyse its competitor's cost, price and offer
B.	Determine the demand of the product
C.	Estimate the cost of the product
D.	Select the pricing method
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

38:

Marketers have traditionally classified products on the basis of three characteristics: ___________, tangibility and use.

A.	availability
B.	affordability
C.	durability
D.	necessity
	Answer Report Discuss
	Option: C Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

39:

Which one of the following can be legally protected?

A.	Brand name
B.	Trade Mark
C.	Brand mark
D.	Package
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

40:

Which one of the following marketing practices is outside the purview of the Competition Commission?

A.	Exclusive dealing
B.	Misleading advertising
C.	Predatory pricing
D.	None of the above
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

UGC NET Paper 1 UGC NET Computer Science UGC NET Exam GATE Exam Aptitude Viva Questions General Knowledge Computer Questions Online Test

Suggest an improvement