Question : Nature of a product,unit value of product ,degree of complexity comes under which factor determining choice of channels?
Option 1: Product related factors
Option 2: Company characteristics
Option 3: Market factors
Option 4: None of the above
Correct Answer: Product related factors
Solution : Nature of the product means industrial or consumer product, perishability, unit value of product and degree of complexity all comes under the product related factors.
Hence, option A is correct.
Question : Size of market and geographical concentration comes under which factor determining choice of channels?
Question : Financial strength and degree of control desired comes under which factor determining choice of channels?
Question : Which of the following statement is incorrect?
Option 1: Product cost is the factor affecting choice of channels
Option 2: Market factors are the factors affecting choice of channels
Option 3: Competitive factors are the factors affecting choice of channels.
Option 1: Product cost is the factor affecting price determination.
Option 2: Extent of competition in the market is the factor affecting price determination
Option 3: Company characteristics is the factor affecting price determination.
Question : The money value of national product is known as _____________.
Option 1: Domestic income
Option 2: National income
Option 3: Factor income
Option 4: None of the above.
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