203B VOC1
Quiz by Muna Al Amri
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- Q1
all the companies or individuals involved in moving goods or services from producers to consumers.
distribution channel
wholesaler
30s - Q2
dividing a market into distinct groups of buyers who have different requirements or buying habits
market opportunities
market segmentation
30s - Q3
setting a high price for a new product, to make maximum revenue before competing products appear on the market
price elasticity
market skimming
30s - Q4
someone who contacts existing and potential customers, and tries to persuade them to buy goods or services.
product features
sales representative
30s - Q5
the strategy of setting a low price to try to sell a large volume and increas market share.
product differentiation
market penetration
30s - Q6
making a product appear to be different from similar products offered by other sellers, by product differences, advertising, packaging, etc.
market segmentation
product differentiation
30s - Q7
an intermediary that stocks manufacturers' goods or merchants, and sells it to retailers and professional buyers.
whoelsaler
sales representative
30s