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- 1. Multiple Choice
There are two parties involved in a marketing transaction such as selling and buying.
TRUE
FALSE
- 2. Multiple Choice
Sellers and buyers should have a sound buying to get the best buy for their money.
TRUE
FALSE
- 3. Multiple Choice
As a buyer, she/he must learn the art of selling.
TRUE
FALSE
- 4. Multiple Choice
As a seller, she/he must possesses the good character such as being cheerful, honest, and prompt in attending to his/her customers.
TRUE
FALSE
- 5. Multiple Choice
Buyers are also called consumers because they consume or use what they buy and end users.
TRUE
FALSE
- 6. Multiple Choice
The amount of money added to the cost of goods you sell is the income you earn from that good.
TRUE
FALSE
- 7. Multiple Choice
Buyer chose the right quality of goods that would best satisfy his/her needs and wants.
TRUE
FALSE
- 8. Multiple Choice
The seller must have a good and sound buying program so he can get most profit and give the best buy for their money.
TRUE
FALSE
- 9. Multiple Choice
Manufacturers are those who convert raw materials into finished products.
TRUE
FALSE
- 10. Multiple Choice
The buyer is you and me, our families and the community.
TRUE
FALSE
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