Vidyalelo
Management · Q124

Marketing

Graduate and Post Graduate · Management · question 124

Q124

Companies selling mass consumer goods and services such as soft drinks, cosmetics, air travel, and athletic shoes and equipment spend a great deal of time trying to establish a superior brand image in markets called ________.

A.
Business markets
B.
Global markets
C.
Consumer markets
Answer
D.
Non-profit and governmental markets
E.
Service markets

Answer: Option C

Solution

Answer: Option C
Solution:
Companies selling mass consumer goods and services such as soft drinks, cosmetics, air travel, and athletic shoes and equipment spend a great deal of time trying to establish a superior brand image in markets called Consumer markets. Consumer markets refers to the markets where people purchase products for consumption and are not meant for further sale. This market is dominated by the products which consumer use in their daily life.