The events occur in a sequence that are often predictable and shape the market future is best classified as ____________?
Correct answer: A. trend
- A. trend
- B. mega trend
- C. minor fad
- D. market disaster
Explanation
A trend is a direction or sequence of events that develops over time and can often be identified early enough to help predict the market's future. A mega trend is a much broader, longer-term type of trend.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Marketing
Marketing covers how organisations identify customer needs, create value and exchange products or services through suitable markets. Key concepts include market segmentation, targeting, positioning, consumer behaviour, the marketing mix of product, price, place and promotion, branding, product life cycle and differences between marketing and selling.
Practise Marketing
1,700 free Marketing MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Marketing questions
The company may expand its share in market is shown in share-penetration index, which is _____________?
The slow economic and technological changes which influence for larger period of times is called __________?
The percentage of service ownership in a population is called ____________?
When the company's marketing expenditures affect its product sales, this is concluded as ____________?
The recognition of needs to integrate environmental issues into firm's strategic plans is called ___________?
The absolute limit of company's product demand is called ___________?