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( i ) TRUE OR FALSE QUESTIONS Indicate whether the following statements are True or False. Motivate all your answers. Market development is to offer
i TRUE OR FALSE QUESTIONS
Indicate whether the following statements are True or False. Motivate all your answers.
Market development is to offer present products to present markets.
Variable costs increase or decrease according to the levels of business.
Franchising is not part of a vertical marketing system.
A push promotional strategy is where the manufacturer aims its communications at the consumers.
A 'question mark' product has a low share of a growth market.
ii MATCHINGSTATEMENT QUESTIONS
Match the statements in Column B to the terms in Column A Write down the answers only, for example a
tableCOLUMN ACOLUMN B place utility,tablea plays an important role between theenterprise and its environment marketing management,tableb to increase sales by selling present productsinto new markets. consumer behaviour,tablec the total range of the products that acompany marketstable the purpose ofcollecting and analysinginformationtabled relies on customers being made aware ofthe offers being made to them market development,tablee having a service available where thecustomer wants it the product mix,take title to the products they trade in price,g an intangible product resellers,tableh the activities of groups of people who aremotivated by group pressures and theirneeds successful marketing,tablei determines the volume of sales and profitsachieved in the long term a service,tablej to reduce the risk inherent in decisionmaking
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