Related Questions

Which of the following are products and services bought by final consumers for personal consumption? These include convenience products, shopping products, specialty products, and unsought products.
A Material and parts
B Consumer products
C Industrial products
D Capital items
market leaders usually went to ....... their market share even further ,or at least to protect their current market share.
A decreaase
B domainate
C increase
D establish
of the 300 economists: 75% invested in stock market, 40% invested in bond market and 15% invested neither stock nor bond. How many of them invested only " in stock market?
A 162
B 108
C 216
D 270
The minimum time Mr. and Mrs. Ahmed require to reach the market from their house by walking is 25 minutes and 20 minutes prospectively. If Mr. and Mrs . Ahmed decided to go to the market together by walking, what is the minimum time they will require to reach the market?
A 15 minutes
B 20 min
C 22.5 min
D 25 min
Price-taking firms i.e., firms that operate in a perfectly competitive market, are said to be 'small' relative to the market. Which of the following best describes this smallness?
A The individual firm must have fewer than 10 employees
B The individual firm faces a downward-sloping demand curve
C The individual firm has assets less than Rs. 20 lakhs
D The individual firm is unable to affect market price through its output decisions
Which of the following best relates to market share? Market share is:
A the best indicator of performance
B not important
C indicative of competitive advantage
D subjective
when demand for factory's products is high . more money is spent at the factory for safety precautions and machinery maintenance than when demand is low. thus the average number of on -the-job accidents per employee each month should be lower during perids when demand is high than when demand is low and less money is available for safety precautions and machinery maintenance .when demand for its products is high, casts the most serious doubt on the conclusion drawn above?
A Employees demand for higher wages than they do at other times.
B Authority hires new workers but lacks the time to rain them properly.
C Employees are less likely to lose their jobs than are at other times.
D Authority sponsors a monthly safety award for each division in the factory.
An increase in price of which of these products will have a ripple effect in increasing the prices of many products, thereby resulting in inflation?
A Petroleum
B Medicines
C Smartphones
D Automobiles
A situation where there are no differences among products or services, and the only basis of choosing products is price is known as _________.
A a value web
B value chain
C profit
D commoditization
In a refinery petroleum crude is fractionated into gas fraction, light ends, intermediate distillates, heavy distillates, residues and by products. The group of products including gas oil, diesel oil and heavy fuel oil belongs to the fraction
A Heavy distillates
B Intermediate distillates
C Light ends
D Residues

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