The buying function of marketing involves
A. risk taking and an element of chance.
B. promoting the product or service.
C. sorting products according to size.
D. the use of personal selling.
E. looking for and evaluating goods.
Answer: E
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BPM refers to?
a. Business production management b. Business project management c. Business planning management d. Business process management
A buyer's material breach gives the seller the right to refuse to deliver the goods
a. True b. False Indicate whether the statement is true or false
The sole proprietor has ________ liability.
A. unlimited personal B. plenary business C. limited occupational D. limitless public
Once marketing managers have determined a global product and promotion strategy, they can select the remainder of the marketing mix. However, entry into many developing nations presents special pricing problems because:
A. the rate of capital accumulation exceeds the rate of population growth B. exchange rates caps C. of price discrimination D. there is a lack of mass purchasing power E. advertising time on television is available for sale in all developed countries