373. Which of the following is not an element of people?

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A. Motivation
B. Teamwork
C. Flow of activities
D. Customer training
✅ The correct answer is option C.
Flow of activities is not an element of people. Marketing is the performance of business’ activities that direct the flow of goods and services from producer to consumer or user in order to satisfy customers and accomplish the company’s objectives.

Managing your time consistently involves creating good study habits and getting organized. Which of the following will NOT allow you to accomplish that?

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A. Packing your lunch the night before
B. Putting your backpack at the door
C. Studying all night for an exam
D. Backing up your work
✅ The correct answer is option C.
Studying all night for an exam will NOT allow you to accomplish that. Effective time management creates, divides and allocates time. It involves predicting your future commitments and setting aside enough time to meet them.

369. Marketing Mix is the most visible part of the marketing strategy of an organization.

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A. TRUE
B. FALSE
Answer: Option A
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✅ The correct answer is option A.
Marketing Mix is the most visible part of the marketing strategy of an organization. A marketing strategy refers to a business’ overall game plan for reaching prospective consumers and turning them into customers of the products or services the business provides. A marketing strategy contains the company’s value proposition, key brand messaging, data on target customer demographics, and other high-level elements.

367. Attributes where consumers can evaluate only during or after the consumption process is known as

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A. Credence qualities
B. Experience qualities
C. Search qualities
D. None of the above
✅ The correct answer is option B.
Attributes where consumers can evaluate only during or after the consumption process is known as Experience qualities. An experience good is a product or service where product characteristics, such as quality or price, are difficult to observe in advance, but these characteristics can be ascertained upon consumption.

In Eurodollar market, decrease in demand of Euro dollars results in

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A. increase in KIBOR
B. decrease in KIBOR
C. decrease in federal funds rate
D. increase in federal funds rate
✅ The correct answer is option C.
In Eurodollar market, decrease in demand of Euro dollars results in decrease in federal funds rate. The federal funds rate refers to the interest rate that banks charge other banks for lending them money from their reserve balances on an overnight basis.

398. ____ system that allocate costs to users based on the information services rendered

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A. change complete
B. change back
C. charge complete
D. charge back
✅ The correct answer is option D.
Charge back system that allocate costs to users based on the information services rendered. Chargeback is the return of funds to a consumer, initiated by the issuing bank of the instrument used by a consumer to settle a debt. Specifically, it is the reversal of a prior outbound transfer of funds from a consumer’s bank account, line of credit, or credit card.

35. The extent to which power and authority are retained at the top is called as

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A. centralization
B. decentralization
C. responsibility
D. accountability
✅ The correct answer is option A.
The extent to which power and authority are retained at the top is called as centralization. Centralisation or centralization is the process by which the activities of an organization, particularly those regarding planning and decision-making, framing strategy and policies become concentrated within a particular geographical location group.

What type of communication does a report to a customer from an employer is

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A. Manager communication
B. officer communication
C. administrator communication
D. Official communication
✅ The correct answer is option D.
Report to a customer from an employer is Official communication. Formal communication is any communication that is offered in the official capacity of the professionals involved.