A. demographic analysis
B. socio cultural environment analysis
C. competitor’s analysis
D. natural environment analysis
Collecting Information and Forecasting Demand
The calculation of ‘area market potential’ includes the methods which are ____________?
A. market-buildup method
B. multiple-factor index method
C. chain-ratio method
D. both A and B
The demand of market corresponding to the level of industry is called as ____________?
A. market forecast
B. demand forecast
C. product forecast
D. market share forecast
In a market, the group of consumer’s who are currently buying the company’s product are classified as _____________?
A. target market
B. available market
C. penetrated market
D. potential market
The customer’s activity which is often unpredictable and short lived is the best classified as __________?
A. marketing shade
B. short-term marketing wave
C. fad
D. fade
The purchase of customer information from outside firms and vendors is classified as ____________?
A. marketing intelligence system
B. market information system
C. market development system
D. market record system
The market consists of a set of consumers having income, access and interest in a product is called ____________?
A. target market
B. penetrated market
C. potential market
D. available market
The system with special equipment, people and methods to gather and analyze information for marketers is called ___________?
A. management information system
B. marketing information system
C. financial information system
D. corporate information system
The sales goals set for company division or product lines are referred as ___________?
A. sales quota
B. production quota
C. demand potential
D. marketing expenses quota
The marketing intelligence helps to gather _________?
A. data based on real happenings
B. data based on results
C. data based on raw materials
D. data based on sales