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Marketing Multiple Choice Questions With Answers - Indiaclass
Marketing Multiple Choice Questions With Answers - Indiaclass
We have given marketing multiple choice questions with answers. This post covers
MCQs on Marketing Management, Basics of Marketing & Principles of Marketing.
You can find answers of these MCQs at the end of each question. These MCQs are
helpful for those who are looking for MCQs related to Basics of Marketing
& Marketing Management.
a. N. H. Borden
b. Philip Katter
c. Stanton
d. W. Anderson
Answer: a
2. “Many people want BMW, only few are able to buy” this is an
example of …
a. Need
b. Want
c. Demand
d. Status
Answer: c
a. Marketing Myopia
b. Selling
c. Exchange
d. Delivery
Answer: c
a. Marketing Triad
b. Customer Value Triad
c. Customer Satisfaction Triad
d. Service Quality Triad
Answer: b
5. ………… model is highly firm centric, where the firm believes that the
competitive edge lies in its ability to innovate.
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a. Conventional
b. Contemporary
c. Competitive
d. None of the above
Answer: a
a. Institutions, satisfying
b. Organizations, exchanging
c. Institutions, exchanging
d. Organizations, understanding
Answer: c
Answer: b
a. Wants
b. Demands
c. Needs
d. Social Needs
Answer: d
a. Demand
b. Need
c. Want
d. Customer
Answer: a
Answer: d
11. “Get out production, cut the price”- Philosophy by Henry Ford is an
example of…
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a. Marketing Concept
b. Selling Concept
c. Production Concept
d. Product Concept
Answer: c
a. Peter Drucker
b. Philip Kotler
c. Lester Wunderman
d. Abraham Maslow
Answer: b
Answer: d
a. Customer Value
b. Consumer Behavior
c. Holistic Marketing
d. Societal Marketing
Answer: b
a. Production
b. Profit making.
c. Satisfaction of customer needs
d. Selling products
Answer: c
Answer: d
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Answer: a
a. buying power
b. demographic segment
c. market
d. people
Answer: c
Answer: c
a. behavior
b. creative
c. management
d. selling
Answer: c
21. …………is the major objective of any marketing activity in the world
because marketing completes with the real sale of goods and services
bought or acquired by the seller or when intermediary has been
affected.
a. Marketing
b. Selling
c. Assembling
d. Transportation
Answer: b
1. Contemporary Model
2. Conventional Model
3. Both a&b
4. None of the above
Answer: a
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1. Consumer Needs
2. Needs backed by buying power
3. Needs directed to the product
4. Basic human requirements
Answer: c
1. Government Markets
2. Business Markets
3. Consumer Markets
4. All of the above
Answer: d
1. Marketing is the process by which companies create value for customers &
build strong customer relationships in order to capture value from
customers in return.
2. Marketing is societal process by which individuals & groups obtain what they
need & want through creating offering & freely exchanging products &
services of value with others.
3. Marketing is the activity, set of institutions & processes for creating,
communicating, delivering & exchanging offerings that have value for
customers, clients, partners & society at large.
4. None of the above
Answer: a
Answer: c
a. Demand.
b. Idea.
c. Product.
d. Service
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Answer: c
a. Nokia
b. Apple
c. HTC
d. Samsung
Answer: b
Answer: b
a. Gradation
b. Segmentation
c. Standardization
d. Specification
Answer: a
a. Buying
b. Selling
c. Assembling
d. Material Handling
Answer: c
a. Selling
b. Assembling
c. Buying
d. Transportation
Answer: b
a. Standardization
b. Gradation
c. Product Control
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d. Product Development
Answer: a
8. ……reflects the sum of the perceived tangible & intangible benefits &
costs to customers.
a. Customer Satisfaction
b. Customer Value
c. Customer Delight
d. None of the above
Answer: b
Answer: b
10. An organization with several product lines has which one of the
following mix that consists of all the product lines and items which a
particular seller offers for sale?
a. Product mix
b. Brand mix
c. Consumer mix
d. Packaging mix
Ans: a
a. Acid test
b. Concept testing
c. Market test
d. Test marketing
Answer: d
a. Commercialization
b. Competitive analysis.
c. Competitive response.
d. Test marketing
Answer: d
a. Altered products.
b. Concept products.
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c. New products.
d. Supplemental products.
Answer: c
12. Introducing the new product into the market takes place in which
stage of the new product development process?
a. Commercialization
b. Test marketing
c. Product development
d. Marketing strategy
Answer: b
a. Business analysis
b. Commercialization
c. Concept development and testing
d. Marketing strategy development
Answer: b
a. Concept testing
b. Idea generation
c. Marketing strategy
d. Screening
Answer: a
a. Product concept
b. Product feature
c. Product idea
d. Product image
Answer: a
a. business analysis
b. concept development and testing
c. idea generation
d. idea screening
Answer: c
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a. Altered products
b. Concept products
c. New products
d. Supplemental products
Answer: c
Answer: d
19. One reason that idea screening is a critical stage in the new-product
development process is that:
a. Competitors can quickly steal ideas so the company wants only those ideas that
can be protected with patents.
b. International competition and markets demand that all ideas be culturally
sensitive.
c. Product-development costs rise greatly in later stages and the company only
wants those products that can succeed.
d. The Federal government carefully monitors each company’s idea screening
process to make sure no national security matters are at stake.
Answer: c
Answer: d
21. The ultimate way to test a new consumer product is to put it into
full-blown ___________.
Answer: d
a. New idea
b. Product concept
c. Product idea
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d. Test brand
Answer: b
23. Suppose Nestle wants to expand its line of food products. The
managers conduct surveys from customers to determine which food
items would appeal to customers. Nestle is currently in which of the
following phase of new product development?
a. Business analysis
b. Idea generation
c. Idea screening
d. Test marketing
Answer: d
24. What are the two ways that a company can obtain new products?
Answer: d
Answer: c
Answer: c
27. Your firm wants to use external sources for new product ideas.
After consulting with a friend you learn that all of the following are
common external sources except ________.
a. competitors
b. suppliers
c. the firm’s executives
d. trade shows and magazines
Answer: c
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Answer: b
29. ABC has just brainstormed a large number of ideas for adding new
products and services after visiting several buying fairs. The owners
will begin the first idea-reducing stage, called ________ , to arrive at
a realistic number to adopt.
a. concept development
b. idea generation
c. idea screening
d. product concept
Answer: c
a. commercial
b. Final
c. physical or symbolic
d. prototype
Answer: c
a. business analysis
b. marketing strategy development
c. product development
d. test marketing
Answer: b
a. business analysis
b. concept testing
c. marketing strategy development
d. test marketing
Answer: a
a. business analysis
b. concept development and testing
c. idea generation
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d. product development
Answer: d
Answer: d
a. Attribute testing.
b. Concept testing
c. Idea Screening
d. Market testing
Answer: b
a. Product concept
b. Product feature
c. Product idea
d. Product image
Answer: a
37. When a company reviews sales, costs, and profit projections for a
new product to find out whether these factors satisfy the company’s
objectives, they are in which of the following new-product
development stages?
a. Business analysis
b. Commercialization
c. Concept development and testing
d. Marketing strategy development
Answer: a
a. Brainstorming
b. Concept development and testing
c. Idea generation
d. Idea screening
Answer: d
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a. Product concept
b. Product feature
c. Product idea
d. Product image
Answer: a
a. Commercialization
b. Concept testing
c. Product development
d. Test marketing
Answer: d
a. Competitors
b. Customers
c. Employees
d. Top management
Answer: b
42. Which of the following are the people who purchase new products
almost as soon as the products reach the market?
a. Early majority
b. Innovators
c. Late adopters
d. Late majority
Answer: b
43. Which of the following is NOT one of the stages that customers go
through in the process of adopting a new product?
a. Awareness
b. Desire
c. Evaluation
d. Interest
Answer: b
a. Production concept
b. Selling concept
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c. Marketing concept
d. Product concept
Answer: d
a. Marketing
b. Selling
c. Public Relation
d. Sales Promotion
Answer: b
Answer: c
a. Marketing Myopia
b. Relationship Marketing
c. Product Marketing
d. Selling Concept
Answer: b
a. Selling, Marketing
b. Marketing, Selling
c. Consumer, Customer
d. Marketing, Customer
Answer: a
a. Transactional Marketing
b. Marketing Myopia
c. Customer Value Triad
d. Ambush Marketing
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Answer: b
a. Distribution
b. Pricing
c. Product development
d. Promotion
Answer: d
a. De‐ marketing
b. Social marketing
c. Viral marketing
d. Virtual marketing
Answer: c
a. Direct marketing
b. Social marketing
c. Tele‐ marketing
d. Viral marketing
Answer: c
a. One‐to‐one communication
b. Open dialogue
c. Personal relationship
d. All of the above
Answer: d
a. Fresh products
b. Low quality products
c. Non‐usable product
d. Renewed use of products
Answer: d
a. Direct marketing
b. Relationship marketing.
c. Social marketing
d. Viral marketing
Answer: a
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Answer: c
13. “How are you telling consumers in your target group about your
product” This question belongs to which marketing concept?
a. Place
b. Price
c. Product
d. Promotion
Answer: d
14. If Mark Mars pays Hershey Foods Corporation for the right to use
its name on his line of T-shirts, then Mr. Mars is using which type of
policy?
a. Co-branding
b. Licensing
c. Manufacturer’s branding
d. Private branding
Answer: b
a. Communication
b. Information
c. Interpretation
d. Manipulation
a. Cost
b. Distribution
c. Marketing Communication
d. Product Differentiation
Answer: c
a. Direct marketing
b. Indirect marketing
c. Integrated marketing
d. Multi-level marketing
Answer: c
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a. Advertising
b. Personal selling
c. Publicity
d. Sales promotion
Answer: a
a. Advertising
b. Indirect selling
c. Personal selling
d. Sales promotion
Answer: d
a. Advertising
b. Personal selling
c. Publicity
d. Sales promotion
Answer: b
a. Convenience goods
b. High-priced products
c. Industrial products
d. Specialty goods
Answer: a
a. Defensive advertising
b. Pioneer advertising
c. Product advertising
d. Societal marketing
Answer: c
a. Advertising
b. Public relations
c. Sales promotion
d. Telemarketing
Answer: d
a. Philip Kotler
b. Royal Dutch Shell
c. Theodore Levitt
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d. Henry Ford
Answer: c
a. Public relations
b. Personal selling
c. Sales promotion
d. Advertising
Answer: a
a. Pricing
b. Distribution
c. Product development
d. Promotion
Answer: d
Answer: b
1. Process
2. People
3. Physical Evidence
4. Consumer
Answer: c
1. Process
2. People
3. Physical Evidence
4. Consumer
Answer: b
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1. Process
2. People
3. Physical Evidence
4. Consumer
Answer: a
Answer: d
Answer: d
In the 1920s.
Answer: c
Which one of the following is a key to build lasting relationships with consumers?
b. Need recognition
c. Customer satisfaction
d. Quality of product
Ans: c
Answer: c
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Production
Sales
Marketing
Societal marketing
Answer: d
Distribution
Promotion
Production
Pricing
Answer: c
a composite analysis of all environmental factors inside and outside the firm.
Answer: d
Activity
Sales
Products
Value
Answer: d
Marketspace
Marketplace
Metamarket
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Marketpace
Answer: c
Marketing
Production
Product
Selling
Answer: c
Persistent
Purpose
Process
People
Answer: b
Consumer products
Specialty products
Industrial products
Personal Products
Answer: c
a) Distribution.
b) Product.
c) Target market.
d) Pricing.
Answer: c
a composite analysis of all environmental factors inside and outside the firm.
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Answer: d
a) customer satisfaction
b) planning excellence
c) a quality rift
d) a value line
Answer: a
Answer: b
Mr. ABC and his staff have decided to use target marketing to reach
their sales goals. Which are their three steps (in order) to target
marketing?
Ans: b
b. Business analysis
c. Product development
d. Test marketing
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Ans: a
If the company’s sales are slow down, and profits level off or decline.
At which stage the company has reached?
a. Introduction
b. Decline
c. Growth
d. Maturity
Ans: b
a. Pricing
b. Promotion
c. Distribution
d. Product
Ans: b
Buying goods and services for further processing or for use in the
production process refers to which of the following markets?
a. Consumer markets
b. Government markets
c. Business markets
d. International markets
Ans: c
Which one of the following sets represents 4 C’s of the marketing mix?
Ans: a
a. Marketing plan
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b. Marketing strategy
c. Marketing mix
d. Market offering
Ans: c
Which one of the following is NOT the stage that customers go through
in the process of adopting a new product?
a. Awareness
b. Interest
c. Evaluation
d. Culture
Ans: d
The mental act, condition or habit of placing trust or confidence in another shows
which of the following options?
a. Motive
b. Belief
c. Behavior
d. Attitude
Ans: b
New product development starts with which one of the following steps of new
product development?
a. Idea screening
b. Idea generation
c. Test marketing
d. Concept testing
Ans: b
What does this statement show “Trade of value between two parties”?
a. Competition
b. Transaction
c. Exchange
d. Need
Ans: b
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a. Marketing plan
b. Marketing strategy
c. Marketing mix
d. Market offering
Ans: c
Which one of the following concepts is a useful philosophy in a situation when the
product’s cost is too high and marketers look for ways to bring it down?
a. Selling concept
b. Product concept
c. Production concept
d. Marketing concept
Ans: c
The buying process starts from which one of the following stage in which the buyer
recognizes a problem or need?
a. Need recognition
b. Information search
c. Evaluation of alternative
d. Purchase decision
Ans: a
A firm has decided to localize its products and services to meet local market
demands. Which one of the following approach is a good approach for this
segmentation?
a. Geographic
b. Demographic
c. Psychographics
d. Behavioral
Ans: a
Demographic segmentation divides the market into groups based on which of the
following variables?
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Ans: c
When Olympia Carpets develops new carpets that are highly stain resistant and
durable, it must educate consumers about the product’s benefits. This activity calls
for which one of the following marketing mix variables?
a. Price
b. Promotion
c. Distribution
d. Product
Ans: b
Customer’s evaluation of the difference between all the benefits and all the costs of
a marketing offer relative to those of competing offers refers to which of the
following options?
b. Marketing myopia
d. Customer satisfaction
Ans: a
Which one of the following statements by a company chairman BEST reflects the
marketing concept?
Ans: a
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