Business Concepts Quiz
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Questions and Answers

It is the amount of revenue from sales which exactly equals the amount of expense.

  • Breakeven point (correct)
  • Total revenue
  • Both A and B
  • None

_____ is a strategy which involves setting low prices in order to discourage or deter potential new extranets to the supplier's market.

  • Pre-Emptive Pricing (correct)
  • Low Pricing
  • Cut-throat Pricing
  • Bargaining Pricing

______ is a measurement of the relationship between Stock price of any particular Stock and the move-ment of whole market.

  • Standard Deviation
  • Variance
  • Market Variance
  • Beta (correct)

_____ is a customer benefit that no other product can claim.

<p>Unique selling proposition (A)</p> Signup and view all the answers

The basic requirement that an individual buyer wishes to satisfy is.

<p>Customer need (C)</p> Signup and view all the answers

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