Other questions in this quiz

2. Who believed that workers were only motivated by money and should be paid on piece rate?

  • Herzberg
  • Taylor
  • Mayo
  • Maslow

3. What is Value?

  • Total amount spent by the customers buying products
  • How much a product is worth before tax
  • How much a product is sold for
  • Price - Raw material costs

4. What is a disadvantage of a Niche Market?

  • Very small and unable to support competing firms
  • A large sector of the market and firms challenge them
  • They cater for the needs of specific individuals

5. What is a Niche Market?

  • A small market segment
  • A large sector of the market
  • A type of mass market
  • A popular branch of ecommerce

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