Types Of Markets

5 Questions

Please wait...
Market Quizzes & Trivia

Questions and Answers
  • 1. 
    Choose the most appropriate definition for the different kinds of markets.                                                         Adidas and Volkswagen are a mass market since  
    • A. 

      It sells high quality and expensive goods.

    • B. 

      They sell to large numbers of people.

  • 2. 
                                                                                                           An export market
    • A. 

      Is a country to which goods and services from another country are sold.

    • B. 

      Is in the producer's country.

  • 3. 
                                                           Rolls Royce cars are sold in a luxury market,... 
    • A. 

      They are high quality and expensive goods.

    • B. 

      They are often sold to a small but profitable market.

  • 4. 
                                                                                                                Money market...
    • A. 

      Is the organized exchange on which participants can lend and borrow large sums of money for profit for a period of one year or less.

    • B. 

      is concerned with the lending and borrowing money among institutions on the basis of a medium or long -term credit.

  • 5. 
                                                          Selling special-interest holidays is a niche market...
    • A. 

      It is a market that sells ridiculously expensive goods.

    • B. 

      Since they are sold to a group of people with specific needs.