NAT II Management Science Marketing MCQs With Answers
Question # 1
Management sets standards that state the amount each salesperson should sell and how sales should be divided among the company's products with __________ .
A _________ is a smaller mall with upscale stores, convenient locations, and expensive atmosphere. Think of it as part of Main Street and part Fifth Avenue.
This type of store offers no home deliveries and often accepts no credit cards; however. this type of store does offer ultralow prices and deals on selected branded merchandise. What is it called?
When setting prices, the company also must consider other factors in its external environment ________ can have a strong impact on the firm's pricing strategies. This includes factors such as boom or recession, inflation, and interest rates affecting pricing decisions.
Most retailers also charge manufacturers _________ payments demanded by retailers before they will accept new products and find a place for them on the shelves