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Contents
1 MARKETING MANAGEMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
1.1 MARKETING MANAGEMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
1. MARKETING MANAGEMENT
NARAYAN CHANGDER
1.1 MARKETING MANAGEMENT
1. A person, agent, agency, company or orga- B. Promotional pricing
nization, which is instrumental in reaching C. Dynamic pricing
the goods, merchandise or services to the
ultimate consumer D. Geographical pricing
A. Retailer 5. Sunita calls her friend Suman and requests
B. Wholesaler her to sell one of her paintings to Rama’s
mother. In this transaction who is the mar-
C. Manufacturer
keter
D. Broker
A. Sunita
2. environment consists of the factors B. Suman
like inflation rate, interest rate, and unem-
ployment. C. Both
A. Geographic D. None
B. Economic 6. Which Concept of marketing emphasise on
C. Demographic availability and affordability of the prod-
D. Technological uct?
A. Marketing Concept
3. Brokers are intermediaries that function to
bring buyers and sellers together B. Product Concept
A. TRUE C. Sales Concept
B. FALSE D. Production Concept
1. A 2. B 3. A 4. B 5. A 6. D 7. A
1.1 MARKETING MANAGEMENT 3
19. Marketing is a social and managerial pro- 24. which of the following is the function of
cess by which individuals and groups ob- marketing?
tain their needs and desires by creating, of- A. gathering and anaylsing market infor-
fering and exchanging things of value with mation
each other.
B. market planning
A. Salah
C. standardisation and grading
B. Correct
D. all of the above
NARAYAN CHANGDER
20. Who is the author of Marketing Manage-
ment Books that we have learned today? 25. A consumer market consists of consumers
who purchase goods and services for per-
A. Michael Kohler sonal use.
B. Philip Kohler A. False
C. Michael Kotler B. True
D. Philip Kotler
26. Process of gathering, analyzing, and inter-
21. A analysis is based on a customers preting information about market, product,
changes in attitudes, lifestyles, and opin- or service to be offered for sale in the mar-
ions. ket, about the past, present and potential
A. Demographic customers for the product or service.
B. Social-Cultural(Psychographics) A. MARKETING PLAN
C. Geographic B. MARKET RESEARCH
D. Behavioral C. MARKETING STRATEGY
D. PRODUCT TESTING
22. When Apple decides to improve features
of the iPhone by developing a newer, more 27. Which of the following Marketing philoso-
up-to date version, they have conducted phies aim at selling more and more prod-
the marketing function known as ucts through innovations in manufactur-
A. Product management ing?
B. Service management A. Product
C. Product/Service management B. Production
D. None of the above C. Marketing
D. Societal
23. If a business markets its products,
but there is negative demand, then 28. A small, private college advertises that,
consumers “Students will receive a Harvard quality
A. I’m interested but haven’t bought it yet education for a state university tuition.”
This is an example of positioning.
B. interested and bought the product to
try A. quality/price
C. already a customer B. benefit
D. loyal to the product C. competitor
E. don’t like the product and may even try D. use/application
to avoid it E. product category
19. B 20. D 21. B 22. C 23. E 24. D 25. B 26. B 27. A 28. A 29. A
1.1 MARKETING MANAGEMENT 5
NARAYAN CHANGDER
C. generating ideas D. Geographic
D. screening ideas
44. Not serving Asian countries
39. Which element of marketing mix includes
A. Strength
after sales service offered to the cus-
tomers. B. Weakness
A. Product C. Opportunity
B. Price
D. Threat
C. Place
D. Promotion 45. What are Secondary data?
40. Which of the following is not a part of Pro- A. are date freshly gathered for a specific
motion MIX? purpose or for aspecific research project.
38. C 39. A 40. B 41. A 42. C 43. C 44. B 44. C 45. B 46. D 47. A
1.1 MARKETING MANAGEMENT 7
C. It varies from group to group. 61. What are the four broad components of
D. It works best with only two people. holistic marketing?
NARAYAN CHANGDER
57. Which of the following statements best de- A. relationship, social responsibility, in-
scribes the Production Concept? ternal, and performance marketing
A. Customers will favor products that are B. relationship, internal, position, and
readily available at reasonable prices. performance marketing
B. Continuous improvement in product C. integrated, internal, position, and per-
quality and features is essential. formance marketing
C. Heavy promotion and pressure selling D. integrated, relationship, social respon-
tactics are necessary to generate sales. sibility, and position marketing
D. Companies should focus on customer E. relationship, integrated, internal, and
needs and satisfaction. performance marketing
64. Which of the following is NOT an element 70. A very small section of the whole mar-
of the marketing mix? ket which has not yet been identified and
served by competitors is referred to as:
65. A 65. B 65. D 66. B 67. D 68. C 69. C 70. C 71. D 72. B 73. A 74. E
75. A 76. B
1.1 MARKETING MANAGEMENT 10
C. Two level channel 81. In the service industry how many Ps com-
D. Multi level channel prise the marketing mix?
A. 4 Ps
76. Price refers to B. 7 Ps
A. where the product will be sold C. 10 Ps
B. How much people will to pay for the D. 8 Ps
product
82. The culmination of a brand’s value. This
NARAYAN CHANGDER
C. how the business tells people about includes reputation, brand awareness, and
the product market share.
D. none of above A. Branding
77. Consumer buyer decisions are by several B. Brand equity
people. C. Promotion
A. True D. Value
B. False 83. This helps in identifying the target buyers’
needs and wants, as well as their rating
78. MI-one of four components of MIS is an of competing products in terms of those
acronym of needs and wants.
A. Marketing Information A. Customer Perceived Value
B. Marketing Intelligence B. Customer Value Analysis
C. Marketing Inspection C. Customer Relationship Management
D. All are correct D. Database Marketing
79. Which of the following is not a basic need 84. Marketing is related to
according to Maslow? A. product
A. Biological needs (Food and shelter) B. service
B. Safety needs (Security) C. people
C. Sporting Needs (Watching your fa- D. all
vorite team plays) 85. packaging is used for bulk handling and
D. Love and belonging warehouse support
E. Esteem needs (Achievement and Sta- A. primary
tus) B. secondary
C. tertiary
80. Which phase of the Product life cycle is
when sales rise and competition start to D. none of above
notice your product.
86. There are steps in Marketing Process.
A. Introduction A. two
B. Growth B. four
C. Maturity C. five
D. Decline D. six
77. B 78. B 79. C 80. B 81. B 82. B 83. B 84. D 85. C 86. C 87. A
1.1 MARKETING MANAGEMENT 11
87. the combination of different promotional B. Starts with advertising, ends with dis-
elementsthat a company uses to reach and tribution
influence potentialcustomers
NARAYAN CHANGDER
97. There are several stages of negotiation A. Dollar control
process. Which is considered the most im-
portant part? B. Unit control
116. Which of the following is the feature of B. is a device that legally identifies own-
the marketing? ership of a registered brand or trade
A. Needs and wants name
NARAYAN CHANGDER
117. Media publics do NOT include:
A. radio and television 121. is the way you advertise your prod-
uct.
B. newspapers and magazines
A. product
C. social media
B. promotion
D. government
C. logo
118. Successful organizations learn the prefer-
D. brand
ences and behaviors of key customer seg-
ments through: 122. Brands tend to charge customers
A. more for their products
B. less for their products
126. The company select certain stores in dif- 131. What should a business do in the intro
ferent geographic areas and ask them to stage?
keep its new product into their stores in
NARAYAN CHANGDER
C. Channel
142. Marketing Management Tasks
D. Institutional
A. Connect with customers
137. Two ways to motivate employees B. Waiting for competitor attacks
A. Human Resources
C. Communicating value
B. Rewards and encourage creativity
D. Build a strong brand
C. Recruiting
E. Kill all competitors
D. Vertical Organization
138. In an economic system, which of the fol- 143. Shelly will only buy Starbucks coffee is
lowing is the decision to purchase raw ma- an example of
terials and make it into an item to sell? A. brand position
A. What to produce? B. brand loyalty
B. For whom to produce?
C. brand identity
C. How to produce?
D. visual symbol
D. When to produce?
144. Activities that only focus on selling goods
139. The set of independent organizations re-
are referred to as
sponsible for making a product available
to the consumers is called. A. Marketing
A. Marketing Channels B. Advertising
B. Retailer C. Distribusi
C. Fulfillment Art D. Sale
D. Sales Manager
E. Economy
140. Which of the following holds that con-
sumers prefer products that are widely 145. The channel of distribution in which there
available and inexpensive? exists only the retailer in between manu-
facturer and customer is called:
A. the product concept
B. the production concept A. Two level
146. The selling price of a box of crackers is 151. It is when a customer develops a com-
$1.75 You mark the crackers up to $2.54. mitment to a brand and becomes a repeat
What is the markup percentage? buyer-sometimes for life.
157. Car rental firms, hair dressers, and man- B. public areas are clean
agement consultants provide C. electrical equipment is turned off
A. goods
D. windows and doors are locked
B. experiences
163. Subdividing of market into homogeneous
C. events
subsections of customers is referred to as:
D. services
A. Target marketing
E. information
NARAYAN CHANGDER
B. Market segmentation
158. Providing a product with properties dif- C. Product positioning
ferent from competitive offers is a strat-
egy: D. Differentiated marketing
A. specialization 164. Is anything that can be offered to a mar-
B. diversification ket to satisfy a want or need, includ-
ing physical goods, services, experiences,
C. differentiation
events, persons, places, properties, orga-
D. none of above nizations, information and ideas.
159. Which is NOT one of the five steps in con- A. Product
ducting market research? B. Potential product
A. Apply for government funding C. Basic product
B. Identify problem
D. none of above
C. Obtain data
165. True or False:Businesses can choose
D. Choose the best solution
whether or not they want to pay taxes at
160. ‘ refers to designing a package (that the state and federal level
is a wrapper or a container) for a product A. True
A. Packaging B. False
B. Designing
166. Task environment in marketing is other-
C. Summery
wise referred to as:
D. Fixing
A. Micro environment
161. packaging helps the marketer in B. Macro environment
A. raising the standard of health and san- C. Competitive environment
itation
D. Socio-cultural environment
B. innovation opportunities
C. product differentiation 167. “Taste bhi Healthy bhi”-Name the Prod-
uct
D. all of the above
A. Sunfeast Yippee Noodles
162. Businesses may prevent burglaries by
B. Maggi-2 Minutes Noodles
checking every room in the building at
night to make sure that the C. Maggi-Masala Oats Noodles
A. telephones are tranferred D. Top Ramen
178. Marketing manager outlines the market- 183. What does utility mean?
ing activities that will be undertaken to ex- A. Amount
ecute the marketing strategy is known as
B. Value added
A. Marketing plan
C. Where to go
B. Marketing strategy
D. none of above
C. Marketing tactics
D. Marketing projections 184. With the small size of the marketing de-
NARAYAN CHANGDER
partment and broad powers of the market-
179. is described as the set of marketing ing director, the following type of market-
tools that a firm uses to pursue its market- ing organization is used:
ing objectives in a target market.
A. department of strategic marketing
A. Product Mix
B. a full-fledged marketing department
B. Price Mix with a wide range of responsibilities
C. Promotion Mix C. a sales-oriented marketing depart-
D. Marketing Mix ment
D. marketing department limited
180. Social factors includes family, reference
group, social roles and 185. Based on the Product-Services category,
A. Life cycle aviation services are included in the
category
B. Statuses
A. Pure service
C. Personality
B. Pure tangible goods
D. none of above
C. Hybrid
181. Which of the following is true of business
D. Tangible goods accompanied by ser-
markets?
vices
A. Products sold in such markets are usu-
E. Services accompanied by goods
ally highly standardized.
B. Property rights, language, culture, and 186. The major benefit of following an undif-
local laws are the most important con- ferentiated approach is:
cerns. A. less competition
C. Business buyers buy goods to make or B. cost economies
resell a product to others at a profit.
C. greater profit
D. Buyers have limited purchasing power.
D. greater consumer satisfaction
E. Buyers are usually not skilled at com-
paring competitive product offerings. E. broad product lines
182. Tangible good that can be sold for profit. 187. The business concentrates on achieving
superior performance in an important cus-
A. Service tomer benefit area valued by a large part
B. Product of the market.
C. Food A. Focus
D. Haircut B. Logistics
196. Knowing the income of a potential cus- 200. Political campaigns are generally exam-
tomer can help you determine products’ ples of
A. Cause marketing
A. Pricing B. Organization marketing
B. Place C. Person marketing
C. Promotion D. Event marketing
D. Label
NARAYAN CHANGDER
201. Marketing is influenced by
197. What is the term for dividing your target A. product demand
market into even smaller groups of peo- B. Brand image
ple? C. buyer behavior
A. division D. all of these
B. market qualifying
202. Mark True or False next to each scenario
C. market segmentation below to indicate if it is employee theft or
not. An employee is given a dress from the
D. splitting
bridal store she works at by the owner of
the company as a bonus.
198. Identify the type of promotional media
based on the example below:Ads on Face- A. True
book or Instagram B. False
A. Print Media
203. What advantage cannot a company claim
B. Broadcast Media if it uses the differentiation strategy?
C. Online Media A. The company increases customer loy-
alty.
D. Specialty Media
B. By applying the differentiation strat-
199. The hotel’s buffet offers breakfasts with egy, operational costs can be reduced.
“recently made omelets” and “freshly C. The company does not have to take
made bread” customer requests into account when
preparing the production process. This
has a positive effect on the time factor.
D. none of above
213. This environmental factor does not fall 218. What do you notice in this photograph
under the political factors
A. Language
B. Nationalism
C. Ideology
D. Stability
NARAYAN CHANGDER
214. products are frequently bought with- A. Segmentation
out too much of an effort
B. Assortment
A. Shopping goods
C. Identification
B. Unsought goods D. Differentiation
C. Specialty goods
219. Market positioning is based on the policy:
D. Convenience goods A. specialization
B. To break down large market into 220. What is the purpose of the marketing con-
smaller markets cept?
C. Allows the achievement of greater A. Customer satisfaction
market share. B. Increase Sales Volume
D. Provides an opportunity to surpass C. Inform and sell
competitors D. Integrated Marketing
216. This is a pricing strategy recommended 221. Porter’s five forces is usually used to an-
for products that have become obsolete: alyze which environment?
223. starts after the production of things 227. What are critical considerations when
A. Marketing choosing a location for a retail store?
225. What has Coke Cola done to its product 229. The main function of is to provide in-
to survive? formation required by law.
A. Labelling
B. packaging
C. Branding
D. all the above
232. Finally, Aini and Khalid chose En. Ma- A. How intermediaries are performing
lik as their contractor and will now decide B. Their target markets’ needs and wants
when he should start work on their new
home. What stage of the consumer deci- C. How much to charge for their products
sion making process is this? D. What to name their products
A. Purchase decision 238. What is not one of the building blocks of
B. Evaluation of alternatives strategic marketing?
A. strategic planning
NARAYAN CHANGDER
C. Problem recognition
D. Information search B. Strategic control
C. Strategic accounting
233. An organization directs its marketing ef-
forts at two or more segments by de- D. none of above
veloping a marketing mix for each seg-
239. is the art and science of choosing
ment. Identify the target marketing strat-
target markets and getting, keeping, and
egy adopted here?
growing customers through creating, de-
A. Multi-segment approach livering, and communicating superior cus-
B. Concentration approach tomer value.
C. Total market approach A. Strategic management
D. Differentiated market approach B. Knowledge management
C. Marketing management
234. Customer Analysis(surveys) are a great
source to study a customers buying habits. D. Distribution management
A. TRUE E. Operations management
C. The process of using social media plat- 248. What is available market?
forms to promote a product or service A. The set of consumers whoprofess suf-
253. Which function of marketing is concerned 257. GAP analysis is a general concept of an
with physical movement of goods from one analytical approach to assessment:
place to another? A. strategic gaps
A. Distribution B. strategic plans
B. Marketing Planning C. marketing strategies
C. Logistics D. none of above
D. Transportation
NARAYAN CHANGDER
258. What type of customer personality
254. the labelling of a pack of oats cookies knows exactly what they are looking for
explains how the product is beneficial in and can usually make a decision quickly?
adding fibre to the diet and the other re- A. Aggressive
lated health benefits. identify the realated
B. Systematic
function of labelling
C. Impulsive
A. describes the product and specifies
the content D. Social
B. identification of the product or brand 259. A person who buys goods either for re-
C. grading of the product sale or for use in production or for use of
somebody else.
D. helps in promotion of the products
A. buyer
255. Identify the logo? B. customer
C. consumer
D. none of above
B. sampling B. Weakness
C. usable benefit C. Opportunity
NARAYAN CHANGDER
D. Channel Management 277. Natural Environment:
B. Demographic
C. Technological
D. Economic
A. attract attention to the writer’s hidden 293. Game Freak wish to introduce a new
agenda. product into the market. First, they need
to
B. organize content in a cohesive, man-
ageable way. A. screen ideas
C. provide supporting evidence for key B. brainstorm ideas
points. C. conduct business analysis
D. solicit an opinion or response from the D. develop marketing strategy
NARAYAN CHANGDER
audience.
294. Which intermediary brings buyers and
289. Anyone taking a more active role in the sellers together but does not take owner-
process of exchange is called ship of the actual product?
A. Producer A. Wholesaler
B. Marketer B. Agent
C. Seller C. Retailer
D. Consumer D. none of above
290. What is the core product or benefit of a 295. What is the term that is used to deter-
winter coat? mine the profitability of a product that is
A. The material it is made of another goal of pricing?
B. The warmth it provides A. Market share
C. Its cost B. Return on investment
D. The brand C. Competition
D. Cost-Benefit Analysis
291. marketing means-
A. Transfer of ownership 296. What types of questions should be used
when probing for information in order to
B. Selection of marketing technique determine the customer needs?
C. Selling agent & sales promotion A. Short Answer
D. All of these B. Open Ended Questions
292. What role do marketing intermediaries C. Closed Ended Questions
play in the marketing system? D. Have the customer fill out question-
A. They facilitate the exchange of prod- naire
ucts from competitors.
297. The amount that consumers will be will-
B. They provide resources to the com- ing to pay for a product.
pany.
A. Product
C. They help the company understand
customer needs. B. Place
C. Price
D. They assist in distributing products
from the company to customers. D. Promotion
306. Which wants for specific products backed B. the process of planning, pricing, pro-
by an ability to pay? moting, selling, and distributing products
A. Need to satisfy customers’ needs and wants
NARAYAN CHANGDER
promote a product or service that they own factors of production?
have are called
A. Command
A. Marketing
B. Market
B. Advertising
C. Traditional
C. Distribusi
D. Mixed
D. Sale
E. Economy 313. What is Promotional pricing?
308. Which of the following is the part of mar- A. When a business offers different
keting mix? prices to different customers
A. All of these B. When a business reduces price to be-
B. Product low production cost to clear stock
C. Price C. When a business offers a short term
D. Place & promotion special offer such as buy one get one free
to gain interest and increase sales
309. What is a Major key driver for Interna-
D. none of above
tionalization?
A. Atmosphere 314. Aspects that cannot be controlled by com-
B. Profit panies in international marketing activities
are
C. Distance
D. Lifestyle A. Product price
B. Company characteristics
310. At which phase of the product life cycle
is the break-even point exceeded? C. Cultural characteristics
A. Introductory phase D. Product characteristics
B. growth phase
315. The highest need level in Maslow Hierar-
C. Reifephase chy is
D. saturation phase
A. Esteen need
311. What is marketing? B. Self-actualization
A. The four basic marketing strategies,
C. Social
called the four Ps:product, place, price,
and promotion D. Safety
316. Marketing activities carried out by the 321. Which marketing philosophy gives more
company to consumers or targets are importance to consumer welfare instead of
consumer satisfaction?
318. Which of these is NOT one of the five pri- 323. is known as ability to pay and desire
mary data collection methods discussed in to buy for a specific product.
the chapter? A. Basic Need
A. Observation B. Want
B. Focus groups C. Demand
C. Surveys D. Desire
D. Behavioral data
324. Organization B evaluates the risk of ex-
E. Prototyping treme weather events disrupting compo-
nent manufacturing or transportation and
319. What are you as a marketing team cre-
develop contingency plans to ensure sup-
ate.
ply chain resilience. This would be focused
A. Brand Identity on which PESTLE force?
B. Brand Image A. Economical
C. Brand Recall B. Environmental
D. Brand Recognition C. Social
320. is the difference between the D. Cultural
prospective customers evaluation of all
benefits and all the costs of an offering 325. Creativity is essential in this step of new
and the perceived alternatives. product development.
A. Customer benefits A. Testing the product
B. Customer Perceived Value B. Development of the product
C. Customer Perceived Value C. Generating ideas
D. none of above D. Introduction of the product
326. In which of the concept of the Market- B. Buy a good at a reasonable price
ing “Producer produces high quality prod- C. Mass production
uct and believe that customers are ready
to pay more for good quality product”? D. Focus on the customer than business
NARAYAN CHANGDER
D. Product Concept businesses instead of individual buyers.
327. For the security precaution listed below, A. True
select the option(s) that would help de- B. False
ter shoplifting, robbery, or employee theft.
Use S, R, and ET to indicate your choice 332. What is market share?
Never leave employees to work alone A. The amount of floor space a retail
A. S (Shoplifting) store has
B. R (Robbery) B. The percentage that a store has of the
C. ET (Employee Theft) total sales in its trading area
C. The price of a store’s shares on the
D. none of above
stock market
328. There are many ways used by online busi- D. The shelf space a store devotes to any
nesses to gain and increase customer trust. particular product
For example, currently many online stores
provide different offers. Below are sev- 333. Brand is one of the most important tangi-
eral ways to make customers believe in ble assets of a company which helps to im-
online businesses, except; prove the financial performance of a com-
pany.
A. Testimonials
A. True
B. Reputation
B. False
C. Photo Quality
D. Slow Response 334. Which of the following is used for La-
belling?
E. Proper Promotion
A. Sign
329. The amount of money needed to buy or
B. Symbol or design
sell a product is its
C. Name
A. product
D. All of these
B. brand
C. competition 335. The type of management that implements
the decisions of top management, plans
D. price how the departments under them can
330. Which is included in the Marketing Orien- work to reach top management’s goals.
tation concept A. middle management
A. Demand exceed supply B. vertical organization
347. To build a brand You need to C. Allows the applicant t inclue a resume
A. make nice advertisement D. Provides the interviewer with refer-
B. be on Facebook ences
C. understand brand WHO & give them 352. Robert and his whole family buys only
what they need Honda cars. Besides being rich, the family
D. spend money on marketing consultant displays the characteristics of in their
purchasing behavior
348. Foreign goods exported in the same state
NARAYAN CHANGDER
A. Lifestyle
as previously imported, to the rest of the
world. B. Wealth & Ability to pay
A. Exports C. Motivation
B. Re exports D. Beliefs & Attitudes
C. Illegal 353. What is the last stage of the consumer
D. Immoral decision process?
349. Name the brand A. problem recognition
B. post purchase behavior
C. alternative evaluation
D. purchase
367. The most basic level of a product is D. By advising the customer from per-
A. Core Product sonal experience
NARAYAN CHANGDER
guarantee the development of a business. C. Marketing
Choose the CORRECT statement about eco- D. Tangible
nomic environment factors.
A. If the economy is stable, businesses 372. Joseph is giving a presentation on a con-
will experience problems and subse- troversial topic. He should reads results
quently the purchasing power of con- from three scientific reports to back up his
sumers will decrease. stance. Roberto’s response is an example
of
B. An increase in the inflation rate will re-
sult in an increase in the price of raw ma- A. a transition
terials required from suppliers B. an effective conclusion
C. Businesses should be attentive and C. defending an idea objectively
sensitive to economic changes in the short
term. D. expressing a cultural barrier
D. The often changing economic environ- 373. Needs and wants of customers govern
ment will make it easier for the trader to the business decision in
set the management of his business orga-
nization. A. Production stage
B. Barter stage
369. When two companies collaborate to pro-
mote their products. Example:An adver- C. Marketing stage
tisement for Oreos and Milk D. none of above
A. Marketing
374. A striking line or phrase that would make
B. Promotion your brand remarkable to the customer.
C. Co-marketing A. Labelling
D. Advertising B. Slogan
370. How can the salesperson try to reduce C. Logo
the number of customer complaints about
D. none of above
the products customers buy?
A. By using high-pressure selling tech- 375. According to the Boston Consulting Group
niques Matrix, a product with low market growth
and a high market share is called a “cash
B. By identifying the customer’s real
cow.”
needs
A. Correct statement
C. By approaching customers as soon as
possible B. Wrong statement
385. Advertisment helps in size of busi- 390. What are the four main functions of mar-
ness. keting?
A. Narrow A. Advertising, sales, production, finance
B. Limited B. Product, price, promotion, place
C. Wide/Large C. Research, development, distribution,
pricing
D. Medium
D. Market analysis, customer service, lo-
NARAYAN CHANGDER
386. means a set of distinguishing human gistics, branding
psychological traits that lead to relatively
consistent and enduring responses to envi- 391. What is the importance of fulfilling cus-
ronmental stimuli (including buying behav- tomers’ demands in Marketing Manage-
ior) ment?
A. Attitude A. It helps to understand how you can
keep your customers happy and satisfied
B. Personality
B. It helps to create valuable products
C. Perception
and services
D. Learning
C. It increases the chances of success
compared to rivals who do not fulfill cus-
387. Which of the following is a true state-
tomers’ demands
ment about the introduction stage of the
product life cycle: D. All of the above
A. Profits are usually nonexistent.
392. How to carry out promotions by inter-
B. Costs are low. acting directly through someone’s personal
media such as email, telephone, WA blast,
C. c. Sales growth is exploding.
etc. is a promotion mix approach to ele-
D. There is intense competition ments?
NARAYAN CHANGDER
B. Unsought goods
A. Division of Work
C. Shopping goods
B. Rules and regulation
D. Specialty goods
C. Order
411. removes doubts immediately
D. Unity of Command
A. Advertisement
405. Companies will not survive if marketing B. Personal Selling
strategy is dependent upon targeting an
entire market C. Sales Promotion
D. Publicity
A. True
B. False 412. What type of business is A business
owned by only one person.
406. Which of these is a generic name? A. partnership
A. Dettol B. sole proprietorship
B. M-seal C. corporation
C. Exposy Compound adhesive D. franchise
D. Photoshop
413. Calculate the break-even point (pieces),
407. Kllkl if it is known that the production volume is
10, 000 pieces, the specific variable costs
A. Hj per unit of production are UAH 80, and the
B. Jo total fixed costs are UAH 200, 000. The
profit is 15% of the production cost.
408. Needs of are being focused in Mar-
keting. A. 3303
B. 5714
A. Retailer
C. 8012
B. Wholesaler
D. none of above
C. Consumer
D. Producer 414. A manufacturer of a variety of devices
used in restaurants, asked its marketing
409. The art and science of choosing target department to develop methods of build-
markets and getting, keeping, and grow- ing a brand awareness for future. The
ing customers through creating, deliver- marketing department then recruited con-
ing, and communicating superior customer sumers who were early adopters of de-
value. vices and asked them to spread the word
NARAYAN CHANGDER
425. One computer tool that a businessperson B. Selecting one group of consumers
can use to organize online information for among several other groups
a research report is C. Creating a unique space in the minds
A. index cards of the target consumer
B. mind-mapping programs D. None of these
C. statistical applications 431. Marketing function that involves commu-
D. online survey services nicating information about products and
services to potential customers
426. Consumer market is a market that cre- A. promotion
ates and sells products or services to in-
dividual buyer instead of selling to busi- B. distribution
nesses. C. business consumers
A. True D. final consumer
B. False 432. Which of the following belongs to 3-
427. One way for salespeople to answer a cus- stages-phase of placing?
tomer’s question about the difference be- A. Promotion
tween two items is to explain B. Retailer
A. construction and materials C. Cost
B. appearance and style D. none of above
C. unique or novel features
433. What thing is related to PRICE in tradi-
D. use and durability tional 4P?
428. Many businesses are using the technol- A. Quality
ogy developed by the space program to B. Packaging
create
C. Warranties
A. Advanced new products
D. Allowance
B. marketing strategies
434. For each type of inventory control sys-
C. updated brand names
tem, select examples that a company may
D. advertising techniques use:I.e. Perpetual Inventory Control
B. The changes in customer needs and 440. What are product modifications?
preferences over time A. New product lines, items or services
C. The process of creating marketing B. Product lines deleted from the product
campaigns that are socially responsible mix
and adhere to ethical standards
C. Trademarks
D. The process of researching and analyz-
D. Alterations in a company’s existing
ing the market in order to gain an under-
products
standing of customer needs and market
trends 441. Which of the following is a force that
does NOT affect the Microenvironment?
436. The primary goal of financial manage-
ment is A. The suppliers
A. to maximize the return B. The intermediaries
B. to minimize the risk C. Customers
C. to maximize wealth of owners D. Economic stability
D. to maximize profit 442. Customer’s satisfaction alone can ensure
success. Which marketing concept holds
437. Customers tend to think that a product is this view?
defective when its price
A. Production concept
A. Set high
B. Product concept
B. Set the average
C. Marketing concept
C. Set it low
D. Selling concept
D. All of the above is true
443. Name the brand
438. If a new company wants to cut on its
costs in order to provide its products at
competitive prices, which element of mar-
keting mix can be compromised with?
A. Product’s raw materials
B. Advertising
C. Packaging
D. Physical distribution A. Heinz ketchup
439. The first step in market segmentation is: B. ketchup
A. the determination of segment prof- C. tomatoes
itability D. pilgrims
444. The concept holds that consumer will C. The activities that help a business to
favor those products that offer the most make profit.
quality, innovative features.
D. none of above
A. Production
B. Marketing 449. A company’s marketers guess that if they
invest in sales force training, sales will in-
C. Product crease by 15%. This guess is called a(n)
D. Selling
NARAYAN CHANGDER
445. It is an organizational function and a set A. simulation
of processes, communicating, and deliver- B. hypothesis
ing value to customers and for managing
customer relationships in ways that bene- C. independent variable
fit the organization and its stakeholders. D. pilot study
A. Planning
450. is learning to perform tasks outside
B. Marketing
of your normal position or different from
C. Directing those traditionally assigned to a given oc-
D. none of above cupation.
453. Businessess took concern about cyberse- 457. Demand is the quantity of goods and ser-
curity measures to protect customer data vices that:
and implemented strict data privacy poli-
NARAYAN CHANGDER
B. Ethnocentric B. Supply Chain
C. Regiocentric C. Exchange
D. Geocentric D. Sales
464. Which of the following is the hardest 468. are those a person hopes to join with.
stage for the marketer to start a business
in A. Secondary groups
A. Introduction B. Primary Group
B. Growth C. Social Group
C. Maturation D. Aspirational groups
D. Decline 469. Which is the BEST way to describe
threats in SWOTanalysis?
465. Which of the following sales promotion
technique used to induce the buyers to buy A. They allow an opening for companies
the product? toexpand
A. Rebate B. They are external factors that a busi-
nesscan’t control
B. Sampling
C. They are internal factors that a busi-
C. Lucky draw nesscan control
D. Discounts D. They decrease supplier prices
466. Identify the Personality 470. Identify the logo?
A. Uncle Chips
B. Pringles
C. Lays
A. Henry Fayol D. Balaji
471. Mark True or False next to each scenario 476. What stage has numbers of prototypes?
below to indicate if it is employee theft
or not. An employee eats food during his
479. Select an appropriate definition for want 483. The term “AIDA” in marketing, refers to:
A. Accommodation, Interaction, Demon-
A. more consumer needs stration, Availability
B. needs backed by buying buying power
B. Attention, Interest, Desire, Action
C. needs directed to the products
C. Availability, Income, Data, Adoption
D. basic human requirements
D. Attention, Interest, Data, Adoption
480. Name that function:Gathering informa-
NARAYAN CHANGDER
tion about what consumers want in order
484. Proper phone etiquette in a business is
to make informed business decisions.
key. If you answer the phone and the
person that the caller needs is unavailable,
what is the best way to handle the call?
A. Advise the caller to call again in a few
minutes
B. Ask the caller if s/he would like to
leave a message
C. Tell the caller that you would be glad
A. Financing to take his/her order
B. Pricing D. Put the caller on hold while you track
C. Distribution down Rhonda
487. Process of setting certain standards 492. Manufacturer uses wholesalers and re-
for a product on the basis of its desired tailers to distribute goods to the cus-
qualities tomers. Which level channel of distribu-
B. Measurements A. Zero
C. Maintenance B. One
D. Clearance C. Two
488. A consumer contest is an example of D. Multi
A. Advertising
493. Good marketing is no accident, but a re-
B. Indirect selling sult of careful planning and
C. Personal selling
A. strategies
D. Sales promotion
B. research
489. Select the technique and example used in
C. selling
pricing products. Technique:Pricing multi-
ple products together rather than by them- D. execution
selves to send a message of value and in-
crease sales volume. Example:3 cookies 494. SWOT Analysis is a strong part of
for $1
A. Selling
A. Odd-Even Pricing
B. Marketing
B. Prestige Pricing
C. Multiple Unit Pricing C. Publicity
497. What characteristic of useful marketing C. the total combined stock value of all
information requires the information to be the company’s warehouses
closely related to the situation in order to
D. all of the above
be the most use?
A. timeliness 502. Media are the agencies, means, or in-
B. accessibility struments used to convey advertising mes-
sages to the public
C. cost-effectiveness
A. False
NARAYAN CHANGDER
D. relevancy
B. True
498. while choosing the means of transporta-
tion which of the following is not to be in- 503. Which of the following is a primary pur-
cluded pose of a business?
A. Cost A. Profit
B. Speed B. Satisfying consumer needs
C. Frequency C. Gaining market share
D. Distance
D. all of the listed responses
499. Type of products which cannot be sold
without technical knowledge 504. The model for building a marketing de-
partment, which is typical for large enter-
A. Durable products prises with a small range of products and
B. Industrial products a small number of markets, is:
C. Convenience products A. functional
D. none of above B. commodity
500. Ken is developing a web page for a C. matrix
new bed-and-breakfast inn. He wants to D. none of above
add information on the web page that de-
scribes local tourist attractions and restau- 505. Following is key element of Product
rants. To allow website visitors the ability
to visit these other websites from the bed- A. Labelling
and breakfast inn’s website, Ken should B. Packaging
create
C. Branding
A. a site map
D. All of the above
B. portals
C. cookies 506. Define what is meant by the term ‘mar-
ket segmentation’
D. hyperlinks
A. The action or activity of gathering in-
501. Customer equity is defined as: formation about consumers’ needs and
A. the total combined customer lifetime preferences.
values of all the company’s customers B. The splitting of the market for prod-
B. the total combined supplier lifetime uct or service into different parts, or seg-
values of all the company’s suppliers ments.
517. A description of the ultimate goals of a D. The pluralistic society in Malaysia has
company. the same ethical values, lifestyle, purchas-
A. Recruiting ing behavior regardless of race and reli-
gion
B. Mission Statement
521. Psychographics segmentation is con-
C. Human Resources cerned more with answers to questions
D. Rewards and encourage creativity such as “what to do” (instead of “who
you are”) and “how you spend your
NARAYAN CHANGDER
518. Abhinav Mehta, a marketing manager of money” (instead of “how much you earn”)
Roop Cosmetics is facing the problem of and is now often used for creating adver-
poor sale. What mode of communication tising messages.
he can adopt to target the large popula- A. True
tion?
B. False
A. Newspaper
522. are factors that have been shown to
B. Television affect consumer behavior.
C. Radio A. Brand name, quality, newness, and
D. All of the above complexity
B. Advertising, marketing, product, and
519. Evaluates proposed product in terms of price
size of market, potential sales, costs,
profit potential, technology, the competi- C. Outlets, strategies, concept, and
tion, and the level of risk involved. brand name
D. Quality, advertising, product position-
A. screening ideas
ing,
B. testing the product
523. Product Y is this
C. business proposal
A. Variation 10%
D. introducing the product B. Variation 12%
520. Food sold in Malaysia must display the C. Variation 27%
“halal” logo from the Islamic Development D. Variation 15%
Department of Malaysia (JAKIM) Based
on the following statements, choose the 524. What stage would Netflix be in? Discus-
statement NOT RELATED to the external sion.
environmental factors.
A. Each individual has a different cultural
pattern especially in terms of religion, cus-
toms and lifestyle
B. Business organizations need to re-
spect the differences in ethical values
A. introduction
among the community
B. growth
C. A set of combined beliefs, values, cus-
toms, practices, ideas and attitudes prac- C. maturity
ticed by a group of people D. decline
525. Lowes is population age-structure 530. According to the product life cycle, which
stage that thebusiness development role
A. THREATS
arise
NARAYAN CHANGDER
B. Entrepreneurs brainstorm ideas.
541. Bees wax / honey comb used in the mak-
C. Supply exceeds demand. ing of honey is an example for
D. Identified wants exist. A. Natural goods
D. none of above
NARAYAN CHANGDER
B. selling
555. is the oral presentation in a conversa-
C. distribution
tion with one or more prospective buyers
for the purpose of making sales. D. financing
A. Advertising.
560. Name of the brand
B. Branding.
C. Personal selling.
D. None of these.
562. When does a consumer decision making 567. who are is this a trade character for?
process take place?
NARAYAN CHANGDER
B. Product D. Societal marketing concept
C. Place 576. Where are staple products typically lo-
D. Planning cated?
A. Front of the store
572. As an audience member, which of the
following should you do to encourage a B. Back of the store
speaker during an oral presentation? C. By the cash registers
A. Smile D. On the bottom shelf
B. Refrain from asking questions 577. Efforts made by the company to cultivate
C. Keep a straight face to communicate or market several products that are simi-
that you are serious lar to products that have been marketed
previously
D. Quietly discuss the speech with the
person sitting next to you A. Product Diversification
B. Product Differentiation
573. Proton has succeeded in producing cars
comparable to other car manufacturers in C. Micro Marketing
Malaysia. Based on the situation above, D. Product Positioning
which external environmental factors af-
578. The marketer’s task is not easy. Mar-
fect Proton Company?
keters need to pay attention to the ex-
A. Competitive Environment ternal macro environment, one of which is
B. Political Environment needing to know how potential consumers
live, believe and enjoy as part of the fac-
C. Sociocultural Environment tors
D. Economic Environment A. Social and cultural
574. After determining that the product re- B. Economy
quested by the customer is not available, C. Demographics
the salesperson’s next steps in substitute D. Politics and law
selling are to
A. explain how to care for the product and 579. What is the name of the first group of
reinforce the customer’s decision adopters?
A. Early Adopters
B. evaluate the customer and select sub-
stitute products B. Innovators
C. reinforce the customer’s decision and C. Early Majority
close the sale D. Hipsters
580. Is all the activities of designing and pro- 585. What is the objective of maximizing the
ducing the container for a product. market share in Marketing Management?
NARAYAN CHANGDER
C. Reusable D. none of above
D. Reduce Pollution
E. non renewable 596. When selecting criteria for effective mar-
ket segmentation, which factor ensures
591. As a new business owner, you need two that segments generate revenue and con-
kinds of promotionalplans:a preopening tains enough volume to warrant separate
plan to lay the groundwork for youropen- marketing efforts and resources?
ing and a second plan to support your op-
eration once it is under way A. Accessible
A. true B. Measurable
B. false
C. Substantial
592. The approach that studies the demand
D. Actionable
and supply of different commodities in
marketing is
597. Which of the following is a benefit of di-
A. Functional
rect marketing?
B. Institutional
A. help you build relationships with cus-
C. Commodity
tomers
D. none of above
B. test the appeal of your product or ser-
593. A transaction in which the organization is vice
making an initial purchase of an item to be
used to perform a new job refers to which C. provide customers with compelling
of the following purchases? content they can share with potential cus-
tomers
A. Straight rebuy purchase
B. Delayed purchase D. all of the above
C. New-task purchase
598. a) Cricket World Cup is promoted aggres-
D. Modified rebuy purchase sively to both companies and fans. This is
594. Political campaigns are generally exam- an example of marketing a(n)
ples of A. idea
A. Cause marketing
B. place
B. Organization marketing
C. Event marketing C. organization
D. Person marketing D. event
609. An organization is gathering, recording, 614. Major household appliances and heavy
and analyzing data about its target mar- consumer durables are referred to as:
ket. This activity is known as
A. Soft goods
A. marketing research
B. Brown goods
B. test marketing
C. White goods
C. performing a case study
D. Convenience goods
D. conducting experiments
NARAYAN CHANGDER
610. What is the relationship between re- 615. Which of the following plays an impor-
search purpose and research design? tant role in introducing a new product to
the consumers
A. purpose dictates design
A. Publicity
B. there is no relationship between the
two B. Advertisement
C. design is more important than purpose C. Sales Promotion
D. design in unnecessary D. Personal Selling
611. Under which of the following importance 616. J.D. Power and Associates ranked Jaguar
is given to consumer’s satisfaction? highest in customer satisfaction with
A. Marketing dealer service among luxury automotives.
B. Selling A. Production
C. Selling and Production B. Sales
D. Production C. Market
612. Identify the logo: D. Societal
619. Which of the following actions is most 623. What is the communication by the mar-
likely to contribute to the creation of a keter to its target customers regarding its
safe business environment: products or services?
C. experiences B. a / the
D. events C. -/ the
E. products D. none of above
622. How many step of marketing research 627. The marketing concept focusing on reduc-
process ing costs by way of mass production is
A. 4 A. Marketing concept
B. 6 B. Production concept
C. 7 C. Sales concept
D. 8 D. none of above
628. Which of the following types of economic B. When consumers wants are matched
systems would offer the most benefits to by producer supply
business owners and to their employees:
C. When consumers express a specific
A. Market brand desire
B. Socialist D. When consumer state purchase intent
C. Communist E. When wants are imagined as specific
D. Traditional product solutions
NARAYAN CHANGDER
629. IT CONSISTS OF PEOPLE, EQUIPMENT, 633. A marketer is someone who seeks at-
AND PROCEDURES TO GATHER, SORT, tention, purchases, support and donations
ANALYZE, EVALUATE, AND DISTRIBUTE from other parties called
NEEDED, TIMELY, AND ACCURATE INFOR- A. prospect
MATION TO MARKETING DECISION MAK-
ERS. B. supplier
A. MARKETING SYSTEM C. labor
B. MARKETING INFORMATION D. part-time staff
C. MARKETING INFORMATION SYSTEM E. sales
D. MARKETING INTELLIGENCE SYSTEM
634. at which stage of PLC does advertis-
630. 2 component of consumer profile is ing starts to aim the awareness building
among the audience
A. Traits
A. introduction
B. Lifestyle
B. maturity
C. Both
C. growth
D. None
D. decline
631. Identify the type of product
635. Which companies mobile phone are mar-
keted with the slogan-Big inside. Small
Outside
A. Nokia
B. Sony
C. Samsung
A. Specialty
D. Motorola
B. Shopping
C. Convenience 636. Shopping products are classified into
D. Unsought A. 2
B. 3
632. From the perspective of the marketer,
when do wants become demands? C. 8
A. When backed by an ability to pay D. 4
639. Which form of data below can usually be 644. Socio-Cultural Environment:
obtained more quickly and at a lower cost
A. Growth of Special Interest groups
than the others?
B. Views of the Universe
A. primary
C. Income Distribution
B. survey research
D. Population Growth
C. experimental research
D. secondary 645. A characteristic of simple memorandums
written by business employees is that they
E. observational research
usually are intended to be read by a(n)
640. The marketing concept which focuses on A. Planning committee
maximizing efforts to sell in the target
B. Board of directors
market is
C. Internal audience
A. Sales concept
D. Group of suppliers
B. product concept
C. market concept 646. Which of the following is not an element
of the marketing mix?
D. none of above
A. Product
641. The pricing method that determines the
price that will produce the level of income B. Price
on the target investment (ROI) is called C. Publicity
A. Markup D. Process
NARAYAN CHANGDER
648. Contoh Threat of Substitute dari Star-
bucks adalah B. Behavioural segmentation
A. Excellent C. Psychographic segmentation
B. Instant coffee D. Geographic segmentation
C. Maxx Coffee 653. A marketing plan is designed to attract
D. Coca Cola target customers through a set of
A. workshops
649. What is the order of the product life cycle
B. strategies
A. Introduction, maturity, growth, de-
cline C. rules
668. Firms that provide the resources needed 673. Which of the following IS NOT a factor
by the company to produce goods or offer or characteristic affecting consumer buying
services are behavior?
A. the company A. Social
B. the suppliers B. Personal
C. the competitors C. Competition
D. none of above D. Cultural
NARAYAN CHANGDER
669. Which of the following uses direct ap- 674. USP is defined as
proaches to connect and communicate with
A. Unique Selling Price
the specific customers and prospects using
emails, mails, business letters, telephone B. Unique Sales Preposition
and fax. etc. C. Unique Selling Proposition
A. Direct selling D. Unique Strategic Preposition
B. Direct marketing
675. In which stage of New product develop-
C. Direct distribution ment it is decided whether the product
D. .Direct communication idea compatible with company objectives,
strategies, and resources?
670. REMIEL JACOB MONITOR THE CHANGES
IN POPULATION TO BE UPDATED IN THE A. Idea screening
CHANGES HAPPENING IN WHAT ENVI- B. Concept development and testing
RONMENTAL FORCE?
C. Idea generation
A. DEMOGRAPHIC ENVIRONMENT
D. Product development
B. ECONOMIC ENVIRONMENT
676. Ecofriend Limited has decided to launch
C. TECHNOLOGICAL ENVIRONMENT
solar jackets, which will have an inbuilt so-
D. POLITICAL LEGAL ENVIRONMENT lar charger as well. In order to make its
671. A is A specific group of people with product competitive, the company has de-
shared characteristics that a business mar- cided to offer it for sale within the range
kets its products or services to. of INR 1500 to INR 4000. Identify the
related function of marketing being men-
A. customer tioned in the given case.
B. place A. Packaging and Labeling
C. marketing B. Branding
D. target market
C. Pricing
672. Based on the perceived value of your D. Promotion
products and services, your cost of doing
business. 677. Promotional Decision involves
A. Pricing A. persuasion
B. Products and Services B. information
C. Distribution C. Influence
D. Promotion D. all of the above
678. Brand create barriers to entry. 684. McDonald’s tailoring its offerings to the
A. True country of operation such as Maharaja
Mac in India, McItaly in Italy, McLobster
687. It is appropriate for a participant to ask 693. Select the technique and example used in
questions during a staff meeting when pricing products. Technique:Setting prices
A. the agenda is being distributed that end in either odd numbers to send
a message of value or ending in posi-
B. another participant is speaking tive numbers to send the message of high
C. s/he needs a point clarified quality. Example:$19.99-Value$20-High
D. s/he does not agree with the speaker Quality
A. Odd-Even Pricing
688. The marketing concept evolved as a re-
NARAYAN CHANGDER
sult of self regulation of social responsibil- B. Prestige Pricing
ities by a business organizations. C. Multiple Unit Pricing
A. Marketing concept D. Bundle Pricing
B. Product Concept
694. Demand is a general need that peole feel
C. Societal marketing concept missing
D. none of these A. True
689. A farmer with a produce stand in the yard B. False
is an example of a distribution channel.
695. Which of the following is an example of
A. Producer to retailer to consumer
causal research?
B. Producer to agent to consumer
A. case study
C. producer to consumer
B. survey
D. producer to wholesaler to consumer
C. test marketing
690. Which of the following is concerned with D. pilot study
the Quality performance of a product?
A. Product concept 696. The marketing function of is used
when Mayfield Milk decides how many
B. Selling concept
trucks to use to transport its products in a
C. Marketing timely manner to reduce product spoilage.
D. Production A. Selling
691. The promotion “P” of marketing is also B. Distribution
known as C. Financing
A. Product Differentiation D. Pricing
B. Distribution
697. When American Airlines decided to re-
C. Cost
view new ideas aimed at first-class pas-
D. Marketing Communication sengers on long flights, like an ultra high-
speed Wi-Fi service and 124 channels
692. What is advertisement try to do?
of high-definition satellite cable TV, their
A. to buy a product first step in the marketing research pro-
B. to sell a product. cess was to
C. to make a product A. develop the research plan
D. to survey a product B. define the problem
C. collect the information and all the costs of an offering and the per-
D. analyze the information ceived alternatives.
NARAYAN CHANGDER
707. Lyle went into the store to purchase a A. Marketing
pair of shoes. The shoes cost Php 599. B. Research
Php 599 is an example of:
C. Focus group
A. Price
D. Market research
B. Promotion
C. Product 712. Types of marketing information consist
of
D. Process
A. Marketing intelligence, Internal mar-
708. Define ‘perception’ keting information, & Marketing communi-
A. how a person thinks of himself and cations
how he thinks other people sees him B. Product, Price, Pomotion, Place
B. how a person views the world C. E-Business, E-marketing, & E-
C. what the person thinks the world is Commerce
made of D. Key information, main information,
D. how a person feels about the world and supporting information
and what the world is in reality E. Marketing Intelligence and Market
709. Identify Returns & Exchanges might be Segmentation
included in a firm’s sales policy.
713. Which financial decision help a business-
A. The company may only exchange or re- man in opening a new branch of its busi-
turn an item with a receipt or within a ness.
specified time range
A. Financing decision
B. The company may replace a damaged
B. Dividend decision
product within a specified time period
C. The company may accept cash, check, C. Investment decision
credit cards, debit cards, monthly pay- D. None of the above
ments, and layaway
714. The following are a part of the economic
D. The company may accept manufac-
environment
turer’s coupons, store coupons, and com-
petitor coupons, it may also give bulk dis- A. National Income
counts, etc B. Gross Domestic Product (GDP)
710. Finance functions are C. Demand patterns
A. Planning for funds D. Industrial Structure
715. Obtaining the money needed to start and B. Technological, Environmental and Le-
operate a business is a marketing function gal
known as C. Micro and macro evironment
NARAYAN CHANGDER
D. *Selecting key competitors*Identifying
competitors*Assessing competi- 731. The correct order in the Product Life Cycle
tors*Developing competitive marketing is
strategies
A. Growth-introduction-maturity-decline
726. Factors to be considered for pricing
B. Maturity-growth-introduction-decline
A. total cost of the product
C. Introduction-growth-decline-maturity
B. demand for the product
D. Introduction-growth-maturity-decline
C. competitor’s pricing policy for the
product 732. Those who make decisions that affect
D. All of the above the whole company (CEO, president, COO,
CFO, vice president).
727. Which is not applicable for Order process-
ing A. empowerment
A. Receiving payment B. middle management
B. Checking inventory C. top management
C. Transmission of order D. supervisory-level management
D. storing of goods
733. What WTO stands for?
728. a physical place where buyers and sellers
gathered to buy and sell goods. A. World Tourism Organization
A. Physical Place B. World Trade Organization
B. Market C. World Transport Organization
C. Target Market D. World Time Operations
D. Place
734. Thomas would like to determine if his
729. Lucille has created a six-page synopsis to company will pay the for days off, even
include as a section in the beginning of her though he has only worked there for 3
224-page report. What should Lucille call months. The best way to find this infor-
this section when she creates the report’s mation is
table of contents?
A. reviewing the production schedule
A. Executive summary
B. Bibliography B. asking her college counselor
C. Footnotes C. submitting a formal proposal.
D. Results and recommendations D. reading the employee handbook
744. Process of obtaining something of value through creating, delivering and communi-
by offering something in return: cating superior customer values of man-
A. Metamediary agement.” Define by
C. Marketspace B. Kreitner
D. Exchange. C. Philip Kotler
D. Robert L. Trewelly
NARAYAN CHANGDER
745. This image is an indication of
A. Marketing Mix 750. refers to classification of products
into different groups, on the basis of qual-
B. Distribution Channel
ity, size etc.
C. Sales Management
A. Standardization
D. None of these
B. Labelling
746. Which statement best describes “Price”? C. Grading
A. The cost of producing items D. Warehousing
B. The amount customers are charged for
items 751. Market Research may be implemented by
ALL of the following EXCEPT:-
C. The profit earned from selling items
A. Do it yourself
D. none of above
B. Third parties (outsiders)
747. is the difference between the bene-
C. The marketers themselves and also
fit a person gains from a product and the
outsiders
costs incurred in obtaining the product.
D. Medical Scientists
A. Quality
B. Satisfaction 752. Which of the following is not an example
of a performance standard?
C. Value
A. Profit standards
D. Want
B. Market share standards
748. Identify the type of market research data
based on the characteristics below:Data C. Productivity standards
regarding competitors, their products, and D. High School standards
their territory, etc that can be used to im-
prove a company’s market position 753. A warranty that covers the entire prod-
uct is known as a(n) warranty.
A. Company data
A. full
B. Competitor data
B. limited
C. Government data
C. express
D. Market research data
D. implied
749. “Marketing management as the art and
science of choosing target markets and 754. Mark True or False next to each scenario
getting, keeping and growing customers below to indicate if it is employee theft or
not. An employee takes paper, pens, and 760. Packaging is important not only for pro-
a calculator to use in their college class tection of the product but also serves as
NARAYAN CHANGDER
B. Strengths, Weak points, Opportunities,
B. Promotion
Threats
C. Price
C. Strengths, Weaknesses, Opportuni-
ties, Threats D. All of Above
D. Strengths, Weaknesses, Opportuni- 770. The packaging of bread you purchase
ties, Time from a local bakery is an example of:
774. Identify the marketer here:A coffee mak- 779. Cost of product helps to set the price
ing company is making big hoardings to of product
appeal college going students. A contest
NARAYAN CHANGDER
785. Complex behavioral system in which com-
panies and people collaborate to attain in- B. Customer Equity
dividual, company and channel goals. C. Customer lifetime Value
A. Marketing Channel D. none of above
B. Management Channel 791. Needs and Trend divided into 3 as below,
except
786. Climate change and health condition are
two factor belong to A. Fad
A. Physical environment B. Trend
B. Globalization C. Mega trend
C. Social responsibilities D. Social
D. Technology 792. Your friend/co-worker has been com-
plaining about stress at work. What ad-
787. Please, read text on page 15.
vice could you give him to help manage his
A. the /- stress on a daily basis?
B. a / the A. Suggest that he reassign some of his
C. the / the work to others
D. none of above B. Encourage him to take on additional
projects so he doesn’t focus on the stress
788. What does a “Tier 2” supplier mean?
C. Persuade him to take an unpaid leave
A. Supplier for industrial production of absence
B. 2nd priority supplier D. Tell him to use deep breathing and vi-
C. A supplier who has not passed the sualization techniques
qualification requirements 793. Which characteristic of useful marketing
D. Supplier to a trading enterprise of the information is represented by the state-
2nd level of distribution ment:“The benefits of using the informa-
tion should be greater than the expenses
789. The policy at Will’s Hardware store is of gathering the data used to generate this
that if you find a lower price at a competi- information?
tor’s store, they will match the price. This
is known as a goal in pricing where the A. timeliness
firm will meet the B. accessibility
A. Market share C. cost-effectiveness
B. Return on investment D. relevancy
794. A primary advantage to businesses that 799. Tony the Tiger, the Energizer Bunny, and
use groupware computer applications is the GEICO Geco are examples of
that they can
A. Reliance B. FALSE
B. the development of new products by a few other retailers. Disney is a good ex-
the marketers ample of what type of distribution?
C. the firm’s consumer-directed activities A. Selective distribution
D. the right set of processes to guide ac- B. Intensive distribution
tivities and programs within the firm
C. Multi-channel distribution
E. the internal marketing of the firm
D. Integrated distribution
805. What is the best way for Michelle to or-
NARAYAN CHANGDER
810. There are some views of social Cultural
ganize the information that she has col-
Environment, except
lected for a research report that she is
writing? A. Organizations
A. Edit her draft B. Society
B. Create the appendices C. Nature
C. Correct grammatical errors D. World Public
D. Develop an outline 811. Coca-Cola is an example of what type of
business represented in our society?
806. from the METHODS OF PRIMARY RE-
SEARCH A. Service
A. Test market B. Global/International
B. Reports C. Retail
C. Internal Data D. Online
D. Public sources E. Franchise
817. Buying behavior process includes, 1. 821. .... research approach uses concepts
Need recognition, 2 , 3. evaluation of and tools from anthropology and other so-
alternatives, 4. purchase decision and 5. cial science disciplines to provide deep cul-
Post-purchase behavior tural understanding of how people live and
work.
A. Cognitive Dissonance
A. Cognitive
B. information search
B. Inductive
C. enjoying the product
C. Archaeological
D. all the above
D. Ethnographic
818. A detailed analysis of market to give a E. Deductive
clear picture of the unfulfilled customer
needs and wants is 822. THE CUSTOMER-CENTERED ORGANIZA-
TION USE THE TRADITIONAL ORGANIZA-
A. Market analysis
TION CHART AND PUT THEIR CUSTOMERS
B. Implementation and control AT THE BOTTOM.
C. Production planning A. TRUE
D. none of above B. FALSE
819. Select the factor based on the explana- 823. “It was not only the vegetarians, but
tion:Marketers spend a lot of money and also those who could not get enough envi-
research on creating a brand image that ronment friendly sustainable food, that ap-
customers will recognize and remain loyal preciated the product.” Identify the mar-
to. keting concept in given line.
A. Product Line (Depth, Extension & Con- A. Product
traction) B. Promotion
B. Branding C. Marketing
C. Packaging D. Societal
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A. False
825. What is a web-based technology that en-
ables the creation and sharing of content B. True
on social media and social media services?
830. 7P Marketing mix consists of 4P and 3P.
A. Reach What additional components of the mar-
B. Platform keting mix do the 3Ps consist of?
C. Influencer A. Process, Price, People
D. Conversion B. Place, Price, Process
C. Physical Evidence, Promotion, People
826. Which of the following restaurant assets
would be considered intangible: D. People, Process, Physical Evidence
A. The waiter’s uniforms E. Process, Physical Evidence, Promotion
B. An expensive oven 831. Change in population age structure
C. The building A. THREATS
D. A secret recipe B. OPPORTUNITIES
827. Which ones marketers cannot market: C. POSITIVE
A. Organization D. NEGATIVE
B. People 832. The marketing manager of this company
C. Transmission focuses on the quality and image of the
product, and knows that customers will
D. Place buy it because they recognize the prod-
E. Experience uct’s worth. This company uses
C. Attacking companies of the same size 839. The price skimming consists of setting
D. Attacking smaller companies high prices and reducing them over time to
maximize the long-term profit.
835. For the security precaution listed below, A. True
select the option(s) that would help de-
ter shoplifting, robbery, or employee theft. B. False
Use S, R, and ET to indicate your choice
840. The process of planning, organising, im-
Limit amount of cash on site
plementing, and controlling marketing ac-
A. S (Shoplifting) tivities to facilitate exchanges effectively
B. R (Robbery) and efficiently is known as?
C. ET (Employee Theft) A. Marketing Management
D. none of above B. Marketing Mix
C. Marketing Orientation
836. Marketing is both an “art” and a “sci-
ence” there is constant tension between D. Marketing Process
the formulated side of marketing and the
side. 841. What is USP
A. Creative A. Unique Selling Point
B. Management B. Unique Secure Point
C. Selling C. Unique Solution Point
D. Behavior D. Unique Selling Proposition
NARAYAN CHANGDER
C. Registration on the website must?
D. A product with a heavy interface A. Use distribution channels more effec-
tively
844. External market does not include
B. Use advertising campaigns more effec-
A. Customer
tively
B. Micro marketing
C. Price their products more strategically
C. Macro marketing
D. All of the above
D. none of above
845. An internal factor or characteristics that 850. THE INTERNAL RECORDS SYSTEM SUP-
places an organization at disadvantage or PLIES HAPPENINGS DATA WHILE THE
poses a challenge in achieving its objec- MARKETING INTELLIGENCE SYSTEM SUP-
tives or competing effectively in its indus- PLIES RESULTS DATA.
try or markets.The description above best A. TRUE
represents which aspect of SWOT?
B. FALSE
A. Strengths
B. Opportunities 851. What is the purpose of market segmen-
tation?
C. Weakness
A. To increase production costs
D. Threats
B. To target the entire market
846. A graphic, mark, emblem, symbol or styl-
ized name used to identify a company, or- C. To identify profitable and distinct cus-
ganization, brand or product. tomer groups
A. Logo D. To eliminate competition
B. Slogan
852. The identification and profiling of distinct
C. Labelling groups of buyers who might prefer or re-
D. none of above quire varying product and service mixes is
known as
847. What does the CCD stand for with refer-
A. integration
ence to Marketing?
A. Creating, Communication, Delivering B. segmentation
B. Creating, Composing, Dividing C. disintermediation
C. Clearing, Creating, Distributing D. cross-selling
D. Climate, Check, Disaster E. customization
D. leasing A. Consumption
B. Perception
854. What is the term that describes the deci-
C. Assimilation
sions a company makes regarding all of the
different types of products the company D. Cognitive Dissonance
will sell? 859. A retail employee puts a pair of shoes on
A. Market segmentation a customer and asks how they feel.
B. Marketing A. Marketing Information Management
C. Marketing Mix B. Selling
D. Product/Service Mix C. Promotion
D. Product Management
855. Under which philosophy of marketing, ef-
forts are made to bring down the cost of 860. The “core benefit” of a car is
production to the minimum?
A. Production concept
B. Product concept
C. Marketing concept
D. Selling concept
862. A company charging fairly low prices for 866. Build the branch network. Identify the
high-quality goods is practising pric- corrected marketing strategy which is be-
ing. longed to.
A. competitive
B. value
C. perceived-value
D. quality
NARAYAN CHANGDER
863. Which among the options is NOT a Mar-
keting activity.
A. Product
B. Production
A. Product strategy
C. Distribution
B. Price strategy
D. Pricing
C. Promotion strategy
864. A car manufacturing company entered D. Place strategy tags5.5 Marketing man-
into the market with air conditioner and agement
now introduced products like refrigera-
tor, washing machine and other electronic 867. ‘Products are not purchased but sold’,
items. The company not only offering the with which point of view is this statement
product but also handling complaints and associated
after sales services.Identify the element
A. Sales
of marketing mix discussed here.
B. Marketing
A. product mix
C. Product
B. price mix
D. Production
C. place mix
D. promotion 868. A symbol used to represent a brand or
company
865. What type of advertising is this?
A. Price
B. Product
C. Target market
D. Logo
870. Select from the following, the issues that 875. This H belongs to
consumer theory can help to resolve.
NARAYAN CHANGDER
885. A pricing method that bases prices on cus-
A. A
tomer value is
B. A A. Markup
C. A B. Target-return
D. A C. Perceived-Value
881. Which of the following is an important D. Value
question for marketers to ask before cre- E. Going-Rate
ating a research design?
A. Who is our target market? 886. You were just hired at PetSmart to be a
cashier. Your job includes running the cash
B. What new products do we like? register and assisting customers with their
C. What do we want the results to be? needs. This job is an example of the
marketing function.
D. What is our budget?
A. Financing
882. further spark connection between B. Selling
your business and customer base.
C. Pricing
A. Brand strategy
D. Distributing
B. Brand story
C. Brand voice 887. What is customer relationship manage-
ment?
D. Brand Design
A. The process of managing a company’s
883. Which of the following is NOT usually de- marketing activities
fined as an element of the marketing mix? B. The process of gathering data and in-
A. Product formation to gain insight into customer
needs and market trends
B. People
C. The process of managing relationships
C. Place with current and potential customers
D. Profit D. The process of setting the price of a
product or service
884. Roberto has just finished giving a pre-
sentation about global warming. An ob- 888. What is the primary goal of marketing?
viously irritated audience member stands
and says that there is no evidence to prove A. Making products as efficiently as pos-
global warming exists. Roberto calmly sible
reads results from three scientific reports B. Selling products at the highest price
C. Creating profitable exchange relation- 893. The of the product mix refers to how
ships by satisfying needs and wants closely related the various product lines
are in end use, production requirements,
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B. Pride
C. Place
D. Product
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D. selling is only a part ofprocess of mar- C. Delighted
keting
D. Happy
919. Based in the customer’s perception alone.
924. An average product price is credited to
A. Brand Identity shipping and transport alone.
B. Brand Image A. 25%
C. Brand Recall B. 15%
D. Brand Recognition
925. There must be at least two parties to the
920. Which of a following is NOT a reason exchange
businesses conduct marketing research?
A. False
B. True
928. According to Louden and Bitta “ consumer 933. Given aside is an image of
is the actions and decision processes of
people who purchase goods and services
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D. Product line pricing C. Reader Wunderman
NARAYAN CHANGDER
B. Sole Proprietorship B. Labeling
C. Corporation C. Branding
D. Limited Liability Corporation (LLC) D. Price
958. What are the streams in which con- 962. ‘Kwality Wall’s’ is the brand product of
sumers, the press, or other outsiders vol-
untarily communicate something about the A. Nestle
brand.
B. Parle
A. Paid media C. Hindustan Unilever
B. Earned media D. Procter & Gamble
C. Nonpaid media
963. Which stage has the highest investment
D. Owned media cost
A. Decline
959. It is the central instrument for direct-
ing and coordinating the marketing effort B. Growth
and its operates at a strategic and tactical C. Maturity
level.
D. Introduction
A. Marketing Plan
964. What is the importance of earning profit
B. Marketing Strategies in Marketing Management?
C. Holistic Marketing A. It helps to understand customers
D. Market Survey B. It is necessary for growing, diversify-
ing a business, and its maintenance as
960. “The Ultimate Driving Machine” is the well
tagline of
C. It helps to create valuable products
and services
A. D. None of the above
965. Knowing your costs, profit goals and
competitors’ prices.
B.
C.
974. Marketing decision is both art and sci- 979. What gaps can the operational gap be di-
ence. vided into?
A. True A. Competitiveness gap, performance
gap
B. False
B. Performance gap, employee gap
975. creates time utility and creates C. Employee gap, competition gap
place utility.
D. none of above
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A. Warehousing, Transportation
980. Identify the logo:
B. Transportation, Warehousing
C. Insurance, Banking
D. Advertisement, Promotion
987. Ability to influence consumer perception. 992. This marketing philosophy focuses on per-
This is the definition of suading and convincing customers to buy
the Products.
A. Marketing
A. Production
B. Mark
B. Product
C. Positioning
C. Selling
D. Marketing Mix
D. Marketing
988. The process of planning, pricing, promot-
ing, selling and distributing ideas, goods, 993. In the history of marketing, when did the
or services to create exchanges satisfying production period end?
customers is A. In the late 1800s
A. advertising B. In the early 1900s
B. marketing C. In the 1920s
C. utility D. After the end of the Second World War
994. The Foremost stage of the consumer buy- B. Offerings and Brands
ing decision-making process as Proposed C. Supply Chain
by John Dewey
D. Value and Satisfaction
A. Need Recognition
B. Information Search 999. How does product positioning help in
marketing management?
C. Evaluating Alternatives
A. Product positioning helps in determin-
D. Purchase Decision
ing the price of a product in the market.
NARAYAN CHANGDER
995. activities include those the company B. Product positioning helps in defining
undertakes to make the product accessible how a product is perceived in the market
and available to target customers. and differentiating it from competitors.
A. Channel C. Product positioning helps in increasing
B. Marketing research the production capacity of a product.
C. Segmentation D. Product positioning helps in reducing
D. Line extension the marketing expenses for a product.
1007. We need a of eggs. 1011. Your staff had bad relations with the
manager.
A. Strengths
B. Weaknesses
C. Opportunities
D. Threats
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are socially responsible and adhere to eth-
C. Ask for supporting evidence ical standards
D. Check out the accuracy of the message D. To research and analyze the market
in order to gain an understanding of cus-
1014. One of the psychological aspects that tomer needs and market trends
drives living creatures in their activities
and becomes the basis (reason) for trying 1019. When a consumer has a good experience
is with a product of a company, that mean
A. Desire this company is achieving
1015. The marketing approach which focuses 1020. As a marketer which of the following
on specific marketing agencies, middleman would you NOT recommend in your direct
etc engaged in marketing process is and digital marketing efforts?
A. Functional A. Direct mail
B. Institutional B. Catalogues
C. Commodity C. Press releases
D. none of above D. Mobile marketing
1016. the order of the technology life cycles is 1021. How many consumers are willing to
research and development, ascent, matu- overpay for a brand
rity, decline A. 50%
A. True B. 20%
B. False C. 100%
1017. Which of the following is not included in D. No one
the elements of physical distribution?
1022. A product must have the quality of
A. Inventory
A. Having a good design
B. Costing
B. Satisfying the want and needs of cus-
C. Transportation tomers.Same appearance as other prod-
D. Warehousing ucts
1032. The segments must be substantial, iden- 1037. In this stage of the product life cycle,
tifiable, and immeasurable. sales are low and competition is low. Cus-
tomers who seek innovative products are
A. True
attracted to the company.
B. False A. Growth
1033. The best packaging for toothpaste. B. Introduction
C. Product Development
NARAYAN CHANGDER
D. Maturity
E. Decline
1041. Which of the following statement is true 1045. This is an organized collection of compre-
for marketing? hensive information about customer.
1050. In the Customer Concept, companies aim 1055. True of False:An example of an effort
to: to increase sustainability for a company
A. Offer products with the most innova- would be Target choosing to lower prices
tive features. on electroncis.
NARAYAN CHANGDER
ing individualized offers and services. through Montana and consumed many
D. Promote products with aggressive homes and businesses. Business owners
sales tactics. rebuilt their businesses because they be-
lieved that the risk involved with wildfires
1051. Marketing emphasises on developing was “just part of doing business in Mon-
the product as per the needs of the tana.” Which type of risk did the business
A. producer owners encounter?
B. mediator A. Natural
C. customer B. Economic
D. promoter C. Human
D. Incompetence
1052. In the context of retail, which of the fol-
lowing means the same as “stock”? 1057. Which among the following is not an el-
A. Floor space ement of marketing mix-
B. Inventory A. Product
C. Headroom B. Price
D. Common C. Place
D. Advertising
1053. The strategic economic field (according
to F. Kotler) is: 1058. Definition of marketing is the process
A. prospective market of the enterprise by which companies create for cus-
tomers and build strong customer in
B. the part of the enterprise identified in
order to capture value from customer in re-
relation to the competitive strategy, the
turn (Kotler, 2016).
circle of competitors and the market
A. needs, value
C. a division of the enterprise
B. value, relationships
D. none of above
C. wants, needs
1054. Which of the following does not give ex- D. relationships, value
clusive ownership of certain types of prop-
erty to individuals: 1059. Which is not the function of packaging?
A. Patent A. Transportation of goods
B. Trademark B. to attract the consumer
C. License C. To increase the price of goods
D. Copyright D. Identificationof product
1060. Which one of the following factors is not B. a new product will not be successful
relevant to price fixation? unless it is priced, distributed, and sold
properly
1063. What theory in consumer behavior sug- B. Waiting for competitor attacks
gests that consumers go through a five- C. Communicating value
stage decision-making process when mak- D. Build a strong brand
ing a purchase?
E. Kill all competitors
A. Maslow’s Hierarchy of Needs
1068. (a) reflects a customer’s judgment of a
B. Freudian theory
product’s performance in relation to his or
C. The Consumer Decision Process her expectations
D. The Hawthorne Effect A. a Satisfaction
1064. The marketing concept holds that B. Value
A. customers who are coaxed into buying C. Perception
a product will most likely buy it again D. Supply chain
NARAYAN CHANGDER
ery B. Quality
D. Establishes rules and policies as well C. customer equity
as puts operating plans into action
D. none of above
1070. Which of the following is most closely
1075. What is the smallest set of products in
related with the organic growth of an or-
the consumer decision-making process?
ganization?
A. Total set
A. entering new marketplaces
B. Awareness set
B. increasing the operational profitability
C. Rejected set
C. increasing productivity of employees
D. Choice set
D. developing new products from within
E. Consideration set
1071. Is what’s hip or popular at a certain 1076. Identity and reputation of an organiza-
point in time. tion. The culmination of marketing activi-
A. Mega trend ties products/services, and images associ-
B. Trend ated with an organization.
A. Product
C. Fad
B. Marketing
D. none of above
C. Advertising
1072. How does the company or marketer re- D. Brand
late to suppliers in the marketing system?
1077. Mark the element that does not belong
A. Suppliers buy products from the com-
to the “4C” system:
pany.
A. consumer value
B. Suppliers distribute products to cus-
tomers. B. consumer spending
C. Suppliers provide materials and re- C. competition
sources for products or services. D. none of above
D. Suppliers regulate the company’s mar- 1078. The administration of assets refers to
keting activities. decisions about
1073. Are conducted to gather feedback on the A. spending
quality of program delivery. B. accounting
A. Customer Loss Rate C. investments
B. Monitoring Competitive Performance D. financing
C. metamarket C. Vision
D. marketspace D. none of above
E. synchronized market
1094. What is an important benefit of cost
1089. The goal of business is to make a profit leadership?
by
A. Achieving cost leadership requires ex-
A. promote and set product prices cellent customer service and a well-
developed dealer network.
NARAYAN CHANGDER
B. promote and distribute products
C. A and B are correct B. With cost leadership, profit genera-
tion works even under strong competitive
D. A and B are wrong
pressure.
1090. 13 which of the following is a part of C. Cost leadership is limited to a geo-
new product development process graphically defined market.
A. Idea generation D. none of above
B. Idea screening
1095. The very small portion of the overall
C. Both
market that has not been identified and
D. All served by competitors is called
1091. Determine which of the following is a A. Segment marketing
true statement:
B. Local marketing
A. The more common the brand name,
C. Niche marketing
the better it is.
B. A good brand name creates an appeal- D. Individual marketing
ing image.
1096. Marketing procurement management
C. Long brand names are more graphi- solves the problem
cally pleasing.
A. Effective communications with the
D. Brand names belonging to other firms client
are available free.
B. Delivery time
1092. No single company can reach the market
C. Delivery speed
satisfactorily
A. local government. D. Inventory management
1098. Which of the following can offer expert 1103. “Profits could be maximized by attract-
opinion to the consumers? ing and persuading customers to buy the
products.” Identify the concept of market-
1107. Which of these is not a famous brand 1112. True or False. When writing a news
slogan? release the questions, who, what, when,
A. Just Do It where, why and how should be answered.
NARAYAN CHANGDER
1108. The way a manager treats involves em-
ployees is called cating, and delivering value to customers
and for managing customer relationships
in ways that benefits the organization and
its stakeholders
A. Planning
B. Directing
C. Marketing
A. entrepreneurship D. Staffing
B. influence 1114. A marketing term that refers to aggre-
C. management style gating prospective buyers into groups or
segments with common needs and who re-
D. leadership
spond similarly to a marketing action.
1109. Which of the following is not the objec- A. External Marketing
tive of advertisement?
B. Marketing
A. Creation of Demand
C. Market Segmentation
B. Quality of Product
D. Target market
C. Increase goodwill of business
D. Increase sells 1115. Marketing buzz means
1117. what is this brand? 1121. What is NOT an element of the market-
ing plan?
A. A business can save money on market- 1124. IT IS THE MOST SCIENTIFICALLY VALID
ing once the product becomes a house- RESEARCH.
hold name. A. SURVEY RESEARCH
B. It means businesses don’t have to B. FOCUS GROUP RESEARCH
make new items.
C. EXPERIMENTAL RESEARCH
C. The business can change its name if it D. BEHAVIORAL RESEARCH
wants to.
D. Higher prices can be charged when 1125. What is not included in the “brand
consumers become loyal to the brand. wheel”
A. Attributes
1120. The following are the activities of On-
B. Personality
line Advertising, namely?
C. A legend
A. Posting on FB, IG and Tiktok
D. Values
B. Upload video di Youtube
1126. aim to develop a complete market-
C. Upload news on the website
ing plan so that the marketing objectives
D. Advertise on Facebook Ads (paid) can be achieve
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cept? into consideration when pricing your prod-
A. Production uct except
B. Product A. Cost
C. Selling B. Demand
1130. Which of the following items might be 1135. Modern method of marketing includes:
included in a marketing plan’s appendix? A. Publicity on net
A. A list of marketing objectives B. Advertise on net
B. A product photograph C. Soliciting business through e-mail
C. The organization’s mission statement D. All of the above
D. A SWOT analysis chart E. None of these
1136. The highest level in the Maslow’s Hier- the market into distinct groups and tailors
archy of Needs is his marketing efforts to each group’s spe-
cific preferences. What aspect of market-
1146. Consists of individuals and households they need want through creating offer-
that buy goods and services for personal ing freely exchanging products services of
consumption. value with others.
A. Consumer Markets B. Marketing is the activity, set of institu-
tions processes for creating, communicat-
B. Business Markets
ing, delivering exchanging offerings that
C. Government Markets have value for customers, clients, part-
D. International Markets ners society at large.
NARAYAN CHANGDER
C. Marketing is the process by which
1147. Diana prepares bills and invoices for her companies create value for customers
company. Her career is in the area of build strong customer relationships in or-
A. corporate finance der to capture value from customers in re-
turn.
B. marketing communications
D. None of the above
C. securities and investments
D. professional selling 1150. What are the key elements of the mar-
keting mix?
1148. Which of external theft listed below A. product, price, place, and promotion
involves stealing money or merchandise
B. product, price, place, and promotion
from a store using violence or threats?
are not necessary for marketing success
A. Shrinkage
C. product, price, place, and promotion
B. Employee Theft are not important in marketing
C. Shoplifting D. product, price, place, and promotion
D. Robbery are not key elements of the marketing mix
A. Marketing is a societal process by 1153. A person who finally consumes the prod-
which individuals groups obtain what uct. A person who buys and use goods.
1163. Which stage has economies of scale? 1168. Wrong leads to wrong
A. market research; segmentation
B. segmentation; positioning
C. positioning; implementation
D. All of the above is correct
1169. Direct sales are more cost-effective
than indirect sales because they reduce in-
NARAYAN CHANGDER
termediary costs.
A. Correct statement
B. Wrong statement
A. introduction
1170. A short to medium-term orientation of
B. growth the sales department is a hallmark of
C. maturity A. operational marketing
D. decline B. strategic marketing
1164. Digital Ads, Billboards, Newspapers 1171. THE SET OF MEASURES THAT HELPS
and Magazines are MARKETERS QUANTIFY, COMPARE, AND
A. DISPLAY ADS INTERPRET THEIR PERFORMANCE.
B. PODCASTS A. MARKETING INSIGHTS
C. SOCIAL MEDIA ADS B. MARKETING METRICS
D. none of above C. MARKETING MIX MODELLING
1165. Which method has a relatively low risk D. MARKETING DASHBOARD
in terms of marketing success? 1172. A social and managerial process by
A. In operational marketing which individuals and organizations obtain
B. No matter what marketing efforts a what they need and want through value
company chooses, there is always a high creation refers to which of the following
level of risk. concepts?
C. In strategic marketing A. Selling
D. none of above B. Advertising
C. Barter
1166. Perceptual maps are used to:
D. Marketing
A. market segmentation
B. market positioning 1173. Your manager is giving everyone a
bonus at the end of the quarter. What
C. selection of target markets technique is he using to motivate staff
D. none of above members to continue good work?
1167. In a clustered demand everyone de- A. Financial incentive
mands the product for the same reason(s). B. Verbal encouragement
A. True C. Acknowledgment plaque
B. False D. Public recognition
D. a vendor does not have a ventilation 1189. What is the ultimate goal of marketing
system that meets code management in terms of customer relation-
ships?
1184. Why do retailers use market research?
A. To create strong, mutually beneficial
A. They want information about other relationships with customers
products.
B. To maximize short-term sales through
B. It’s used to provide retailers with infor- aggressive advertising
mation about potential manufacturers.
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C. To focus on mass marketing efforts
C. It helps identify what customers want
D. To minimize production costs
D. All of the above
1190. ‘Sale upto 50%’ is an example of which
1185. Which one of the following philosophies sales promotion technique?
would best-fit or be best to use when
“Supply exceeds demand”? A. Discounts
A. Marketing Philosophy B. Rebate
B. Production Philosophy C. Quantity gift
C. Selling Philosophy D. None of the above
D. Product Philosophy 1191. Political-Legal Environment:
1186. Grapevine communication can A. Pace of change
A. prepare employees for changes. B. Opportunities for Innovation
B. generate fear in the workplace. C. Savings, Debt, and Credit
C. enhance the company’s image. D. Growth of Special Interest Groups
D. influence the company’s policies.
1192. Charles Schwab enables its customers
1187. What is not included in Michael Porter’s to do transactions in its branches, over the
basic competitive strategies is phone, or on the Internet. This is an exam-
ple of a company using channels.
A. Low cost strategy
A. interactive
B. Differentiation strategy
B. hybrid
C. Focus strategy
C. dual
D. Operational strategy
D. targeted
1188. The objective of wealth maximization
takes into account 1193. Which of the following is the example
of Shaving Cream?
A. Amount of returns expected
A. Primary Packaging
B. Timing of anticipated returns
B. Secondary Packaging
C. Risk associated with uncertainty of re-
turns C. Transport Packaging
D. All of the above D. None of the above
A. Price C. product
D. target market
B. Product
C. Process 1201. The consumer cost in marketing is
known as
D. Progress
A. Price
1196. concerned with studying market con-
B. Costing
ditions
C. Expenditure
A. survey
D. None of these
B. market research
C. inspection 1202. Furniture, Refrigerator, Microwave
oven are examples of
D. None
A. Convenience Goods
1197. Which is included in the concept of Pro-
B. Shopping Goods
duction Orientation
C. Speciality Goods
A. Demand exceed supply
D. Unsought Goods
B. Buy a good at a reasonable price
C. Mass production 1203. The “harvesting” strategy involves
gradually reducing the cost of the product
D. Focus on the customer than business
while trying to keep sales at the highest
E. Good Sales and communication strat- possible level. The strategy of “harvest-
egy ing” is relevant in which life cycle phase?
1198. Respond to this statement:I like market A. introduction
research. B. growth
A. Strongly agree. C. Maturity
B. Agree. D. Degeneration
C. Disagree. 1204. The customer or consumer is when
D. Strongly disagree. actual performance exceeds the expected
performance of the product.
1199. A clothing store puts all its products at
50% discount, due to the change of sea- A. Happy
son. This is an example of: B. Satisfied
A. Survival pricing C. Dissatisfied
B. Price discrimination D. Delighted
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D. $
1206. How does marketing help consumers?
A. Lowers prices due to competition 1211. Which of the following products con-
sume maximum time and effort to
B. Increases prices purchase-
C. Less options
A. Convenience
D. none of above
B. Shopping
1207. Sunita took her niece, Aishwarya for C. Specialty
shopping to ‘Benetton’ to buy her a dress
D. All the above
on the occasion of her birthday. She was
delighted when on payment for the dress 1212. How does a company want to stand out
she got a discount voucher to get 20% off from other companies in its differentiation
for a meal of Rs. 500 or above at a fa- strategy?
mous eating joint.Identify the technique of
A. Through strict adherence to compli-
sales promotion used by the company in
ance rules.
the above situation.
B. By offering special products.
A. Rebate
C. Through better environmental respon-
B. Discount
sibility.
C. Usable Benefit
D. none of above
D. Lucky Draw
1213. Which is not the element of Macro Envi-
1208. This involves the process and methods ronment
used to gather information, analyze it, and
report findings related to marketing of A. Demographic
goods and services B. Economic
A. Survey Creation C. Technological
B. Marketing Research D. Company
C. Advertising Selection 1214. Which of the following is a micro envi-
D. Marketing Discovery ronmental factor?
1215. A business must satisfy customers’ E. It can help create jobs in the economy
needs and wants in order to make a profit. by increasing demand for goods and ser-
vices.
B. To create valuable products and ser- 1223. Measuring brand equity includes in-
vices cludes brand audits, brand tracking, and
C. To analyze consumer behavior to-
wards products or services A. Brand Line
D. All of the above B. Brand Mix
1218. Who plays an important role in the pur- C. brand Extension
chase of shopping goods? D. Brand Valuation
A. Agents
1224. The combination of the four elements of
B. Wholesaler marketing-product, place, promotion, and
C. Retailer price.
D. Distributors A. Marketing Mix
B. Marketing Elements
1219. Which of the following statements
about marketing is true? C. Marketing Strategy
A. It helps to build a loyal customer base D. Marketing
but has no impact on a firm’s intangible
1225. Yesterday I bought book and some
assets.
flowers for Linda, but I lost book on
B. It is of little importance when products my way home.
are standardized.
A. a / the
C. It is more important for bigger organi-
zations than smaller ones. B. -/ the
1226. Elctronic items like smartwatches, 1231. To make planning decisions, all factors,
washing machine are events, situations in relationship and in ac-
A. Convenience goods cordance with their importance should be
used. This is the principle:
B. Shopping goods
A. completeness and comprehensive-
C. Unsought goods
ness
D. Specialty goods
B. economy
1227. Aini and Khalid just purchased a house
NARAYAN CHANGDER
C. continuity
for their marriage. They realized they
need to prepare their new house before D. none of above
moving in. What stage of the consumer
decision making process is this? 1232. Fad is accepted by wide audience.
A. Post purchase decision A. True
B. Evaluation of alternatives B. False
C. Problem recognition
D. Information search 1233. Select the factor based on the expla-
nation:Packaging is important so that it
1228. Annie has decided to mark up the cost grabs the customer’s attention and has cor-
of the newest bathing suit line she just or- rect information on it.
dered for her boutique by 50%. This is an
A. Product Line (Depth, Extension & Con-
example of the marketing function.
traction)
A. Pricing
B. Branding
B. Market research
C. Packaging
C. Financing
D. Marketing D. Product Modification
E. Repositioning
1229. If the Point-of-Sale system shows end-
ing inventory as 890 items and the phys- 1234. This is the Channel that goes from Pro-
ical inventory shows 876. What is the ducer to Consumer
shrinkage at that point in time?
A. Direct
A. 12 items
B. 13 items B. Indirect
C. 14 items C. Sales Agent
D. 15 items D. None of the above
1230. Marketers have traditionally classified 1235. Using a successful brand name to launch
products on the basis of three characteris- a new product in a different is called?
tics:, tangibility, and use.
A. Line Extension
A. Customer value hierarchy
B. Expected B. Brand Expansion
C. Augmented C. Brand Extension
D. Durability D. Branding
NARAYAN CHANGDER
means of achieving desired responses C. Sales
from other parties. D. Innovation
B. It is defined as the field that deals with
planning and managing a business at the 1250. True or False?Email is an example of in-
highest level of corporate hierarchy. direct marketing.
C. It focuses solely on attaining an orga- A. True
nization’s sales goals in an efficient man-
ner. B. False
D. It focuses mostly on monitoring the
1251. THE FIRST STEP IN THE BUSINESS UNIT
profitability of a company’s products and
STRATEGIC PLANNING PROCESS IS
services.
E. It is primarily concerned with the sys- A. FEEDBACK AND CONTROL
tematic gathering, recording, and analy- B. GOAL FORMULATION
sis of data about issues related to market-
ing products and services. C. BUSINESS MISSION
1265. What are the basic and important objec- 1269. The ultimate objective in identifying and
tives of Marketing Management? building consumer perceptions into an in-
A. Attracting new customers, fulfilling tegrated marketing strategy is This
customers’ demands, earning profit, max- means that consumers will identify posi-
imizing the market share, and creating a tively with the brand, and prefer to buy ha-
NARAYAN CHANGDER
good public reputation bitually from the organization (as opposed
to the competition).
B. Analyzing consumer behavior, develop-
ing strategy, goals, and objectives, and A. engagement and loyalty
product development
B. recognition and trust
C. Setting the goals of a company, orga-
C. awareness and patronage
nizing the plans step by step, taking deci-
sions for the company D. patronage and loyalty
D. None of the above
1270. A sale can take place through
1266. In Walt Disney’s Magic Kingdom, cus- A. agency based
tomers can visit a fairy kingdom, a pirate
ship, or even a haunted house. Disney is B. direct sales
marketing a(n) C. online sales
A. Experience D. All of the above
B. Service
1271. Mel is about to decide which job to take-
C. Product
using only the facts. As she compares
D. Event and contrasts information about each job
opportunity, Mel is showing that she is
1267. A marketing-research project that gath- aware of which decision-making influence:
ers sufficient information to help the busi-
ness in its decision making would be de- A. Input
scribed as B. Framing
A. predictive C. Logic
B. efficient
D. Style
C. tedious
D. thorough 1272. Financial management is mainly con-
cerned with
1268. For the security precaution listed below, A. All aspects of acquiring and utilizing fi-
select the option(s) that would help de- nancial resources for firms activities
ter shoplifting, robbery, or employee theft.
Use S, R, and ET to indicate your choice B. Arrangement of funds
Hire security personnel C. Efficient Management of every busi-
A. S (Shoplifting) ness
B. R (Robbery) D. Profit maximisation
1273. When a company distributes its prod- 1278. A business will offer the same products
ucts through a channel structure that in- to all consumers and promote them in al-
cludes one or more resellers, this is known most the same way. This refers to»».
A. in price B. before
B. quality C. ago
NARAYAN CHANGDER
C. business analysis
A. Expand the market by developing new
D. test marketing
users
1284. What are the advantages of using tele- B. Expanding the market by promoting
vision as an advertising medium? the usefulness of existing products today
A. Limited creativity, low brand recall, C. Promoting new uses for a product to
lack of audience targeting, declining view- expand the market
ership
D. Expanding the market by promoting
B. Limited reach, lack of engagement, product use in many places
outdated medium, high production cost
1289. Conversion marketing is associated
C. Low cost, easy to produce, interactive
with:
content, target specific audience
A. excessive demand
D. Wide reach, visual and audio stimula-
tion, creative storytelling, brand aware- B. negative demand
ness C. falling demand
1285. Some resources are available to man- D. none of above
agers who need to recruit new employ-
1290. A strategy that relies on performance
ees. (Current employees; Media advertis-
and experience effects is a strategy:
ing; State employment services)
A. differentiation
A. Vertical Organization
B. diversification
B. middle management
C. “price-quantity”
C. supervisory-level management
D. none of above
D. Recruiting
1291. Demographic, socio-cultural, economic,
1286. is not a type of marketing concept.
ethical, political, physical and technological
A. production concept environments are variables of what uncon-
B. selling concept trollable environment?
C. societal concept A. micro-environment variables
D. supplier concept B. macro-environment variables
1287. Choose the correct optionThe water and 1292. Employees can demonstrate their
electricity have been cut off in our tene- customer-service mindset by using good
ment house early this morning. A. business activities
A. after B. promotional plans
C. telephone techniques
D. marketing strategies
A. HR
D. Sales to customers
A. Product or Service
B. Shop or Market
C. Need or Problem
D. Money or Status
D.
1295. Match the consumer product image ex-
ample to it’s explanation using the image.
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called
1299. The following are the benefits of using A. Need
Digital Marketing, EXCEPT?
B. Desire
A. More expensive but effective
1306. A process in which two or more persons
B. Wide reach
attempt to consciously or unconsciously in-
C. Ease of evaluation fluence each other through the use of sym-
D. Speed of information dissemination bols or words to satisfy their respective
needs.
1300. Customers may request for product A. Distribution process
modifications, price negotiation or change
of delivery method in straight rebuy. B. Communication process
B. Sales people are required to sell a cer- what the targeted consumer should do or
tain dollar amount of sales per month, feel when they are exposed to it.
year or time period
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tation from the following.
A. U.S. Polo
A. Age
B. Ralph Lauren
B. Gender
C. Lacoste
C. Education
D. Jockey
D. Loyalty Status
1326. What is the term that is used to describe
1321. are used to identify customers with
the amount of sales that Coca-Cola has in
similar wants and needs.
the soft drink market that is a direct goal
A. Geographic Data of pricing?
B. Customer Survey A. Market share
C. Behavioral Research B. Return on investment
D. Market Segmentations Methods C. Competition
1322. Today, marketing must be understood in D. Cost-Benefit Analysis
a new sense that can be characterized as
1327. When McDonald’s decided to begin of-
fering healthier menu options by selling
A. Get there first with the most. salads, fruit, and oatmeal in order to in-
B. Management of youth demand. crease sales by attracting healthy con-
C. Satisfying Customer Needs scious customers, they were making deci-
sions that are a part of which marketing
D. Telling and selling. function?
1323. Pricing helps determine A. Promotion
A. Profits B. Product/Service Management
B. Advertising C. Finance
C. Value & image D. Marketing Information Management
D. Product & management
1328. Which of the following phase involve
1324. Which of the following is not a type of selecting the best idea and dropping poor
major pricing strategies? ideas?
A. Customer Value-Based Pricing A. Idea generation
B. Competition-Based Pricing B. Business Analysis
C. Cost-Based Pricing C. Market strategy development
D. Dynamic Pricing D. Idea screening
1329. What are the components of the market- C. The process of using social media plat-
ing environment? forms to promote a product or service
1337. Basics of market segmentation, 1343. The success of online purchasing re-
except sulted in in the delivery of products
A. Demographic Segmentation and services by intervening in the tradi-
tional flow of goods through distribution
B. Price Segmentation channels.
C. Segmentasi Consumer Behaviour A. disintermediation
D. Psychographic Segmentation B. diversification
C. reduced competition
NARAYAN CHANGDER
1338. “What problem are we solving for the
greater good?” is a question related to: D. deregulation
E. privatization
A. Mission statement
B. Vision statement 1344. When doing a survey, all questions must
be
1339. What is the function of marketing that A. Close
studies customer demand and product fea-
B. ended
tures in order to place a value of money on
a product? C. Open-ended
A. Finance D. Mixed
1348. What is the marketing term for a rel- 1353. is a plan for determining which prod-
atively small, well-defined and very fo- ucts a business will manufacture or stock.
cused target market?
C. Ensure the product is in accordance 1355. Identify the related function of labelling
with the design. being depicted below as given on the pack
of the chips.
D. All wrong
NARAYAN CHANGDER
C. sales promotion C. simulations
1359. How can we sell more aggressively? 1364. The flat white is :)
A. Sales A. stronger latte with less milk
B. Production B. it’s like a cappucino
C. Market C. 2/3 coffee, 1/3 milk and micro bub-
D. Societal bles
D. complexity of brewing a coffee
1360. Which form of external theft listed be-
low involves stealing merchandise from a 1365. The following elements make up a
store? strong culture, except.
A. Shrinkage
A. Shared values
B. Employee Theft
B. Norms
C. Shoplifting
C. Partying
D. Robbery
D. Heroes
1361. Put the following guidelines for effec-
E. Rituals
tive copy in proper order:a. Study the in-
formation b. Prepare an outline c. Write 1366. Positive brand equity allows you to set
the first draft d. Collect information e. your product or service at a lower price
Generate ideas f. Obtain feedback and point.
rewrite or refine copy g. Evaluate copy
A. True
A. D, A, E, C, G, F
B. False
B. C, A, E, D, G, F
C. F, A, E, C, G, D 1367. Which of the following you should con-
D. A, D, E, C, G, F sider when evaluating the attractiveness
of a given market or market segment?
1362. During which stage of the product life A. Size of the market or market segment
cycle do you need to invest the most in ad-
vertising to spread the word? B. Growth rate of the market
A. introduction stage C. Segment competition
B. growth stage D. All of the above
1369. What stage would a business have large D. Effective Management Techniques
market share? 1373. Which of the following is the elements
of marketing?
A. Needs and Wants
B. Creating a Market Offering
C. Customer Value
D. All of the above
NARAYAN CHANGDER
A. Cost Oriented
C. selling
B. Market Oriented
D. marketing C. Margin Pricing
1379. For customers, the benefits of direct D. Number Pricing
marketing are being able to shop online
1385. what is this brand?
anytime and anywhere.
A. True
B. False
1397. While Ken was heating up his lunch in 1402. What factors do not influence the mar-
the company’s kitchen microwave oven, keting strategy?
his food caught on fire. What is the most
A. Target group targeting
appropriate action for Ken to take?
B. Product policy measures
A. Call 411 and request assistance from
the fire department C. Conditions of competition
B. Leave the kitchen to report the fire to D. none of above
his supervisor
NARAYAN CHANGDER
1403. The process of promoting fairness, hon-
C. Use the kitchen fire extinguisher to put
esty, and integrity in marketing activities.
out the fire
A. Marketing awareness
D. Open the window for evatuation pur-
poses B. Marketing ethics
1406. What is the main focus of Product con- 1411. Which of the following CANNOT be Mar-
cept? keted?
1409. Rama calls her friend Rita and requests 1414. What is a performance indicator that
her to sell one of her paintings to Rama’s measures the amount gained from an in-
mother. In this transaction who is the mar- vestment relative to the investment’s cost
keter? A. Return On Investment
A. Rama B. Return On clicks
B. Rita C. Clicks Per Cost
C. Both D. Activate Pagee
D. none of above
1415. Needs of are being focused in Mar-
1410. Consumer satisfaction is necessary to keting.
achieve and A. Customer
A. Profits and employee satisfaction B. producer
B. Good word of mouth and repeat pur- C. Retailer
chases
D. wholesaler
C. Good word of mouth and cognitive dis-
sonance 1416. The term ‘market’ may be understood
D. Cognitive dissonance and repeat pur- in which of the following context?
chases A. Geographical area coverd
NARAYAN CHANGDER
tomers
B. No, because you cannot specify the B. Reducing selling costs
brand
C. Supporting the company image
C. No, because you cannot specify a sup-
plier D. Securing customer acceptance of
higher prices
D. No, because it is necessary to provide
a list of tasks and functions necessary for 1423. Wrong We’re trying to decrease the
the performance of official duties manufacturing costs in order to get a bet-
ter profit on this product.
1418. Sand used in construction is an example
of A. limit
A. Farm goods B. margin
B. Manufactured materials C. surplus
C. Natural goods D. none of above
D. Parts
1424. What is secondary research?
1419. What is not a digital marketing strat- A. A research that is done by others and
egy? the researcher got access to it
A. identify B. A research that is done by the re-
B. build searcher himself and owned by him
C. develop C. A research that is done after the sec-
ondary research
D. engagement
D. A research that is done after the pri-
1420. Which display, sell, or deliver the phys- mary research
ical product or service(s)
1425. an approach to cost reduction that stud-
A. Communication channels
ies whether components can be redesigned
B. Service channels or standardized or made by cheaper meth-
C. Marketing channels ods of production without adversely af-
fecting product performance.
D. Distribution channels
A. Market Analysis
1421. This is a deeply held commitment to re-
B. Product value analysis
buy or patronized a preferred product or
service. C. Product benefit
A. Awareness D. Product Analysis
1426. Which of the following items are consid- 1431. It refers to that part of a brand which
ered perishable goods? can be spoken. Identify.
1429. Indonesian tourism promotion organiza- 1434. Why is it important for businesses to
tions, except monitor customer purchases?
A. USAID A. To satisfy consumers’ needs and
B. Ministry of Tourism and Creative Econ- wants
omy B. To block consumers’ economic votes
C. Diparda C. To promote slow-selling merchandise
D. ASITA D. To classify their products
1430. The process of planning, improving,
1435. The firms can charge high price for their
and/or adding to a firm’s product line.
product, when the product has
A. Promotion
A. Low demand and low utilities
B. Marketing Information Systems/Market
Research B. High demand and high utilities
C. Product/Service Management C. Both (a) and (b)
D. Selling D. None of the above
NARAYAN CHANGDER
A. A group of people expected to pur-
chase our products 1442. This stage is also called “commercializa-
tion”. New products are advertised to in-
B. Employees troduce benefits to consumers.
C. Population A. Developing the product
D. Shop Floor Executives B. Testing the product
1438. New product development generally in- C. Developing a proposal
volves key steps. D. Introducing the product
A. 9
1443. A structured set of marketing tools and
B. 8 actions is:
C. 10 A. marketing plan
D. 5 B. complex marketing
1439. Africa-American, Asian, Hispanic, Cau- C. marketing organization
casian are fall into the category which D. none of above
helps determine how to market a product
in a region. 1444. How much money do US retailers lose
A. Gender each year due to theft?
B. Income A. $2 trillion
A. The creation of new equipment such as 1453. THE MARKETER’S FIRST STEP IN EVAL-
robots increases the organization’s costs. UATING MARKETING OPPORTUNITIES IS
TO ESTIMATE TOTAL COMPANY DEMAND.
B. The rapid development of technology,
especially information technology, will A. TRUE
have a direct impact on business organi- B. FALSE
zations
1454. Which of the following is not included in
C. Technological developments have had
the marketing mix?
a negative impact on organizational devel-
opment. A. Price
D. The advantage of technological devel- B. Place
opment in the industry is that the interac- C. Promotion
tion with machines is higher than with hu- D. Value
mans
1455. What type of segmentation occurs when
1449. A company can differentiate itself in the a business researches particular regions of
following aspects to gain competitive ad- the US to market its products to in order
vantage:(select all possible answers) to reach the most people?
A. Physical fitness A. Demographics
B. Service B. Psychographics
C. Location C. Geographics
D. Image D. Product Benefit
1456. Sarah is a marketing manager at a 1460. In this stage of the product life cycle,
company that specializes in outdoor ad- investment expenses are extremely high
venture gear. She conducts thorough re- and there are no sales yet
search to understand the preferences and A. Growth
desires of her target audience. By analyz-
ing customer feedback and studying mar- B. Introduction
ket trends, she gains insights into what C. Product Development
products her potential customers are look- D. Maturity
ing for. In which aspect of marketing is
NARAYAN CHANGDER
Sarah primarily engaged? E. Decline
A. Understanding Marketing Strategies 1461. Is the sum of the tangible and intangible
and Tactics benefits and costs to customer
B. Identification of Customer Needs & A. Value proposition
Wants B. Social Value
C. Building and Managing Customer Rela- C. Experiential Value
tionships D. Economic value
D. Creating and Delivering Value to cus- 1462. content planning & content production
tomers termasuk strategy digital marketing yang
mana?
1457. The time period between receiving of or-
der and delivery of goods and services is A. identify
called B. Develop
A. Transportation C. Engagement
B. Order processing D. Accelerate
A. Production B. Marketing
B. Marketing C. Product
D. Production
C. Social Marketing
D. Product 1471. If we have a “young brand”, then we
are
1467. Insurance is included in this type of
A. We attack the leaders
product
B. We defend our position
A. Convenience
C. We spend a lot of money on communi-
B. Shopping
cations
C. Specialty
D. We are looking for clients and differen-
D. Unsought tiating ourselves
1468. is the process of creating an image 1472. What are 3 things pricing may be based
for a product in the minds of targeted cus- on?
tomers. A. Product, promotion, and service
A. Segmentation. B. Cost, Demand, and Competition
B. Target marketing. C. Cost, Demand, and Customers
C. Positioning. D. Price, Promotion, Professionalism
D. None of these.
1473. IT REFERS TO THE PROCESS OF IN-
1469. It is the process of carefully manag- FORMING CURRENT AND POTENTIAL
ing detailed information about individual BUYERS ABOUT THE SPECIFICS OF THE OF-
customers and all customer touchpoint to FERING
maximize customer loyalty. A. INCENTIVES
A. Marketing Strategy B. PRICE
B. Measuring Satisfaction C. COMMUNICATION
C. Customer Relationship Management D. DISTRIBUTION
D. none of above
1474. Satisfaction of customer was given im-
1470. “Time Line” watch manufacturing com- portance in which stage?
pany is a renowned company marketing A. Marketing Oriented Stage
watches. It performs various activities B. Sales Oriented Stage
like, market analysis, product designing or
merchandising, packaging, warehousing, C. Production Oriented Stage
branding, pricing, promotion and selling. D. Product Oriented Stage
1475. Point of view that stresses upon Cus- was the average inventory if the stock
tomer Welfare? turnover rate is 5 and the net sales were
A. Production $76, 850?
B. Product A. 15370
B. 14370
C. Marketing
C. 13370
D. Societal Marketing
D. 16370
NARAYAN CHANGDER
1476. Which of the following is NOT related
to marketing management. 1481. Exchange of goods for goods without us-
ing any medium of exchange is
A. Value Proposition
A. Production stage
B. Customer satisfaction
B. Barter stage
C. Long term customer relationship
C. Sales stage
D. Profit maximization
D. none of above
1477. There is only one boss. The customer.
1482. ROI stands for this:
And he/she can fire everybody in the com-
pany from the chairman on down, simply A. Return on investment
by spending his money somewhere else. B. return on interest
A. Sales C. return on item
B. Production D. revenue over interest
C. Market 1483. How a company will make customers
D. Societal aware of its products/services
A. Product and Service Plan
1478. The marketing approach that studies
marketing on the basis of large number of B. Industry Overview
functions performed is C. Growth Plan
A. Institutional concept D. Marketing Plan
B. Functional concept 1484. As a global leader in the consumer elec-
C. Commodity concept tronics and entertainment industries, Sony
D. none of above has set forth ‘Road to Zero environmen-
tal plan’, to achieve a zero environmen-
1479. Is a tool for identifying and to create tal’ effect by the year 2050 by produc-
more customer value. ing world-class products in a manner that
both protects and promotes a healthy and
A. Marketing Strategies
sustainable planet.In the context of above
B. Marketing Plan case:Identify the marketing philosophy be-
C. Value Chain ing implemented by the company.
D. Market Survey A. Marketing
B. societal Marketing
1480. Given the formula for stock turnover as
Net Sales / Average inventory. Use alge- C. Product
bra to solve the following problem:What D. Production
NARAYAN CHANGDER
definition:The internal environment is con- A. promotions
formed by departments or areas such as
finance, human resources, accounting, pur- B. selling
chasing, and the top management, which C. services
share the responsibility for understand-
ing customer needs and creating customer D. ideas
value.
1501. According to Allen Aeker, the highest po-
A. The Company sition in customer awarenss is
B. The Suppliers A. Unaware
C. The Customers B. Brand recognition
D. The Competitors
C. Top of mind
1498. The value of an offering is described as D. Brand recall
A. the price consumers are charged for a 1502. An individual calls your company and
product asks to speak with your coworker,
Rhonda Hoffman. What should you do if
B. the cost of manufacturing a product Rhonda is not available to take the call?
C. the degree to which consumer demand
A. Advise the caller to call again in a few
for a product is positive
minutes
D. the sum of the tangible and intangible
benefits and costs to customers B. Ask the caller if s/he would like to
leave a mesage
E. the intangible benefits gained from a
product C. Tell the caller that you would be glad
to take his/her order
1499. There are several auto repair shops in
D. Put the caller on hold while you track
town, but Patricia’s stands out. Her auto
down Rhonda
repair shop does great work, but what re-
ally sets her shop apart is the customer 1503. Mark True or False next to each scenario
service. Every customer is greeted by below to indicate if it is employee theft or
a friendly employee, and s/he is given not. An employee gives her friends a free
snacks and drinks while s/he waits for product from the company as her way of
the repairs to be completed. The great cus- saying thanks for being a good friend
tomer service that people can expect from
Patricia’s business is considered her A. True
A. tagline. B. False
1504. Marketing is the activity, set of & 1509. A QUESTION WITH TWO POSSIBLE AN-
processes for creating, communicating, de- SWERS.
livering& offerings that have value for
1507. How many type of consumer segmenta- B. People have different hobbies and in-
tion terests, which can be connected to in-
come and location.
A. four
C. Consumers live in different parts of the
B. five country and will have different tastes and
C. six needs. Those living in the city might want
a smaller car
D. none of above
D. Age groups can be split into categories
1508. A is a report of the balances in all as- e.g. 0-10, 11-16 or 18+. Or even by young
sets, liability, and owner’s equity accounts and old
at the end of a accounting period
1513. Be cool limited has decided to mar-
A. statement of cash flows ket its products through the conventional
B. balance sheet network of manufacturer-wholesaler-
retailers-consumer. Identify the function
C. income statement
of marketing being described in the above
D. financial statement lines.
NARAYAN CHANGDER
home or workplace. C. placement
A. TRUE D. spread
B. FALSE
1520. “Providing information required by
1515. Select the explanation for merchandising- law” is a function of which component of
related discounts, Discounts given on end product mix?
of the season products as an incentive to A. Branding
clear out inventory and make room for the
B. Packaging
new inventory
C. Labelling
A. Cash discounts
D. None of these
B. Quantity discounts
C. Trade discounts 1521. Identify an disadvantage of a sole pro-
prietorship.
D. Seasonal discounts
A. May be difficult to raise money com-
1516. which of the following is not a quality pared to a corporation.
of a good brand name? B. Double taxation
A. Distinctive C. The partners may disagree thus caus-
B. Suggestive ing problems in the business.
C. Easily pronounceable D. The owner of the company has unlim-
ited liability
D. lengthy
1522. The business manager tried to write a
1517. Market segmentation is useful for
promotional letter that was simple, clear,
A. Preferential marketing and interesting so that customers who re-
B. Targeting existing clients ceived it would
C. Identifying prospects A. need to read it many times
D. Knowing customers’ tastes B. easily understand it
E. All of these C. find it entertaining
D. ask what it really meant
1518. When you see an advertisement for a
store and decide to shop there, which of 1523. The is a tool for identifying ways to cre-
the marketing mix has succeeded? ate more customer value.
A. Place A. Value chain
B. Price B. Brand loyalty index
NARAYAN CHANGDER
maximum number and quality of products
for the least necessary amount of labor. 1539. When in the growth phase of the prod-
A. True uct life cycle, the product strategy used
is
B. False
A. Offers basic products only
1535. The concept of the marketing mix was
developed by B. Offers product extensions, services
and product warranties
A. N.H Borden
C. Diversifying brands and models
B. Philip kotler
D. All wrong
C. Stanton
D. W. Anderson 1540. Product means
A. a group of seller
1536. The first step in the marketing research
process is to: B. a group of customer
A. specify the sampling plan C. a bundle of utilities
B. collect the data D. consumer satisfaction
C. analyze the marketplace
1541. Marketing is the process by which com-
D. plan the research design panies create for customers and build
E. identify and formulate the prob- strong customer in order to capture
lem/opportunity to be studied value from customers in return.
A. ads, campaigns
1537. Wealth in the form of money or other
assets owned by a person or organization B. products, discounts
or available or contributed for a particular C. value, relationships
purpose such as starting a company or in-
vesting. D. none of the above
1543. TAMAGOCHI TOY ONLY LAST FOR LESS 1549. Performance that one party can offer
THAN A YEAR IN THE MARKET. THIS IS AN to another that is essentially intangible is
EXAMPLE OF known as
1544. Generic brands don’t have a 1550. Transaction terms below except
A. Product A. product quality
B. Price B. product terms
C. Brand name C. price conditions
NARAYAN CHANGDER
cilities
B. Machines and Workers
1556. Online motorcycle taxis to support C. Land, Labor, Capital and Entrepreneur-
the transportation industry, foldable cell- ship
phones that are hitting the world of cell-
phone technology are an example of the D. Businesses and consumers
strategy implemented by the company, 1561. Holistic marketing does not include:
namely
A. Relationship marketing
A. Red Ocean Strategy
B. Integrated marketing
B. Blue Ocean Strategy
C. Internal marketing
C. Differentiation
D. Digital marketing
D. Positioning
E. Performance marketing
1557. Example of Non-metalic goods is-
1562. is objection to advertisement.
A. Food
A. Undermines social values
B. Machinery
B. Decrease in price
C. music
C. Knowledge on various products
D. none of these
D. Improvement in Quality of Product
1558. What is brand positioning?
1563. mehak limited has hired 300 salesmen
A. The process of managing a company’s who will be assigned the task of contacting
marketing activities prospective buyers and creating aware-
B. The process of gathering data and in- ness about the new range of organic in-
formation to gain insight into customer censes introduced by the company. iden-
needs and market trends tify the element of promotion been de-
C. The process of dividing a market into scribed above
distinct sub-groups of customers A. advertising
D. The process of positioning a brand in B. sales promotion
the minds of customers C. personal selling
1559. The product reaches the customer at the D. public relation
right time, in the right quantity and at the
right place by using the following element 1564. Y
of marketing mix. A. H
A. Product mix B. Hi
1565. ANAIAH ACQUIRE PRODUCTS AND SER- 1570. An example of a product with a private
VICES FOR HER OWN CONSUMPTION. brand is
WHAT TYPE OF MARKET IS SHE?
1574. A large car manufacture in the United 1578. The following are included in the macro
States uses many parts from other coun- environment in the business environment,
tries to manufacture their cars. The parts except
brought in from the US from another coun-
A. Economy
try would be consider an
B. Politics
A. Import
C. Social
B. Export
D. Owner
NARAYAN CHANGDER
C. Finished Good
E. Culture
D. none of above
1579. Identify which of the concept is involved
1575. What is the objective of a firm? (1 an- in the product of T-Shirts
swer)
A. Product
A. Satisfying customer needs
B. Price
B. Profitability
C. Place
C. Both
D. Promotion
D. none of above
1580. Three factors that underlie the concept
1576. What is the brand shown? of socially responsible marketing:
A. profitability of the enterprise, con-
sumer needs, public interests
B. profitability of the enterprise, return
on investment, sales efficiency
C. sales efficiency, production improve-
ment, enterprise profit
D. none of above
A. Dairy Milk
B. Maltesers 1581. The emerging markets are:(select all
possible answers)
C. Kit Kat
A. Youth
D. Galaxy Caramel
B. Senior Citizen
1577. Informing, reminding or persuading cus- C. MOUSE
tomers about a product, the company or a
social cause that is important to the com- D. MICE
pany. E. Family
A. Promotion
1582. Product positioning against another
B. Marketing Information Systems/Market product class is a market segmentation
Research strategy.
C. Product/Service Management A. True
D. Pricing B. False
1585. What is marketing? 1591. Why would a business use its budget to
estimate income?
A. customer satisfaction
A. To increase losses
B. includes after sales service
B. To increase shrinkage
C. selling of goods
C. To plan purchases
D. all of above
D. To develop services
1586. “Availability and Affordability” of the 1592. Loyalty is the last developmental stage
product are considered to be the key to the of
success of a firm. It is main object of which
marketing philosophy? A. Brand Strategy
NARAYAN CHANGDER
processes for creating, communicating, de-
process in order. livering & exchanging offerings that have
value for customers, clients, partners & so-
ciety
A. Institutions
B. Top Management
A. Option A
C. Business
B. Option B
D. Market research
C. Option C
D. none of above 1599. which of these does the business lose
money
1595. A company’s total promotion mix also A. introduction
called its , consists of advertising, pub-
lic relations, personal selling and sales pro- B. growth
motion. C. decline
A. marketing communications mix D. maturity
B. integrated marketing communications 1600. Heinz is an example of a
C. integrating promotion mix A. Private label
D. social media marketing B. National brand
1596. Term for a item that is intentionally C. Generic brand
priced below cost to draw people into the D. none of above
store
1601. What method of Promotion is this?
1602. The marketing environment is divided 1607. This is the division of the target market
into two, namely in approachable groups.
1613. In an economic system, the decision to 1619. THIS TOOL IS PROPOSED BY MICHAEL
hire more employees in order to make PORTER AND IT IS USE FOR IDENTIFY-
more products is answering which eco- ING WAYS TO CREATE MORE CUSTOMER
nomic choice? VALUE
A. What to produce? A. VALUE DELIVERY
B. For whom to produce? B. VALUE CREATION
C. How to produce?
C. VALUE CHAIN
NARAYAN CHANGDER
D. When to produce?
D. VALUE PROPOSITION
1614. Any individual who purchases goods
and services from the market is called a 1620. True or False?Marketing involves en-
couraging people to buy a product or ser-
A. Customer vice.
B. Merchandiser A. True
C. Marketer B. False
D. Consumer
1621. Product life cycle, kecuali
1615. ROI is
A. Introduction
A. Return On Interest
B. Return On Investment B. Growth
C. labeling C. Harvest
D. none of the above D. Divest
1624. What do customers need/want, and 1629. Marketing is a process which aims at
how can we benefit society?
NARAYAN CHANGDER
A. Value proposition 1637. Which of the following is the second
stage of the strategic planning process?
B. Value segment
A. Conducting Situation Analysis
C. Value product
B. Setting Objectives
D. Value network C. Monitoring and evaluating
1634. Organise home visits for the salesper- D. Developing Marketing Mix
son to present the product. What market-
1638. Price of a product can be referred as:
ing strategy belonges to?
A. Product cost
B. Brand value
C. Value of utility for customer
D. Promotion cost
1651. A television commercial stresses the value for customers, clients, partners, and
benefits of buying a new protein bar. society at large.
A. Marketing Information Management A. Marketing
B. Product Service Management B. Market Segmentation
C. Pricing C. Market Value
D. Promotion D. Marketing Management
1657. The mental association for the RED color
NARAYAN CHANGDER
1652. Which of the following is a good source
are:
of internal data?
A. Passionate
A. commercial Internet databases
B. Innocence
B. professional marketing research firms
C. Exciting
C. data gathering
D. Increases heart and respiratory rates
D. marketing research
1658. is the next stage of market segmen-
1653. This is sometimes called the Data or tation.
Knowledge discovery. A. market targeting
A. Data marketing B. Positioning.
B. Data mining C. MIS.
C. Data warehouse D. Marketing.
D. Customer database
1659. which of the following is not the func-
1654. It designed to capture cause-and-effect tion of packaging?
relationships by eliminating competing ex- A. product protection
planations of the findings. B. pricing objectives
A. Behavioral research C. promotion
B. Experimental research D. product identification
C. Observational research 1660. Inflation is an important factor.
D. Ethnographic research A. political
1655. Aspects that can be controlled by com- B. economical
panies in international marketing activities C. legal
are
D. social
A. Political policy
1661. Which of the following is NOT a reason
B. Distribution channel for importance of marketing information?
C. Economic conditions A. It identifies market opportunities
D. Technology acceptance level B. It solves marketing problems
1656. An activity, set of institutions, and pro- C. Monitors performance
cesses for creating, communicating, deliv- D. It persuades, reminds or informs cus-
ering, and exchanging offerings that have tomers about a product
1662. This includes all the experiences the cus- C. The advocate
tomer will have on the way to obtaining D. The prospect
and using the offering.
NARAYAN CHANGDER
B. False B. Informing b)Offering c)select quality
1678. One computer tool that a businessper- 1682. A television commercial stresses the
son can use to organize online information benefits of buying a new protein bar.
for a research report is
A. Marketing Information Management
A. index cards.
B. mind-mapping programs. B. Selling
1683. In the marketing environment, the par- 1687. It is the person who buys products or
ties who help companies promote, sell and services.
distribute their products to final buyers
1686. Q In which of the concept of the Market- 1690. refers to classifying the product into
ing “Producer’s have to push their prod- different groups with same characteris-
ucts in to the Market? tics.
A. Marketing Concept A. grading
B. Selling Concept B. branding
C. Production Concept C. packaging
D. Product Concept D. labeling
1691. What is work ethic? 1696. Pinterest, Instagram, Facebook are ex-
ample of
A. employee arriving on time
B. employee feelings and emotions A. DISPLAY ADS
NARAYAN CHANGDER
corporate responsibility: 1697. With Ansoff’s gap planning (GAP analy-
A. A company hires minority employees. sis) you can
B. A company expands its facilities A. Derive measures for strategy
C. A company uses recycled materials in B. Compare actual values with target
its products. numbers
D. A company pays its taxes on time. C. Identify gaps in the account
1693. This involves setting a price by adding a D. none of above
fixed amount or percentage to the cost of
making or buying the product 1698. under which of the following situation is
a company not likely to fix a lower price
A. Competition based pricing for its product
B. Penetrating pricing
A. when the competition has introduced a
C. Cost based pricing substitue product
D. market skimming B. if the demand for a product is inelastic
1694. Rob decides that he really can’t know if C. when the company wants to attain
Patrick will help him unless he asks, so he market share leadership
decides to do so. Which step of the seven- D. when the demand for the product if
step problem-solving method does this sit- low
uation illustrate?
A. Evaluate the solution 1699. What differentiates the Selling Concept
from the Marketing Concept?
B. Select and implement a solution
A. Selling focuses on customer needs;
C. Define the problem
marketing focuses on company profit.
D. Determine possible solutions
B. Selling takes an inside-out perspec-
1695. Get out production, cut the price”- tive, while marketing takes an outside-in
Philosophy by Henry Ford is an example perspective.
of C. Selling emphasizes long-term cus-
A. Marketing Concept tomer relationships; marketing focuses
on short-term sales.
B. Selling Concept
D. Selling is based on societal well-being,
C. Production Concept
while marketing is based on company
D. Product Concept profit.
1700. The system of delivering goods and ser- 1705. What is the best type of data for our
vices to the end consumer. Begins with project?
raw materials and ends at the consumer.
C. A stock table that appeared in a na- 1708. Designing goods or services as per the
tional newspaper on January 14, 2010 need of customer is related to which ‘P’ of
D. A technical-trends report that was marketing
written on February 5, 2011 A. Product
B. Price
1703. is the place where buyers and sell-
ers meet to exchange their need. C. Place
A. Wearhouse D. Promotion
1710. What are the four Ps of marketing? 1715. Identify the image
A. Product, price, place, promotion
B. Profit, price, place, promotion
C. Product, price, place, profit
D. Product, profit, place, promotion
NARAYAN CHANGDER
is
A. evaluation of alternative
B. post purchase behaviour
C. information search
D. purchase decision
1712. Mr Raj wants to buy a LCD for his fam- A. Ratan Dad
ily. When he visited Anand Electronics, B. Dero Bhai
to make the purchase, he got confused.
Which promotional tool brought him to the 1716. Out of the following which are NOT
shop and which promotional tool is re- goods?
quired to remove his confusion? A. Hammers
A. Advertising, Personal Selling B. Autos
B. Personal Selling, Advertising C. Dry cleaning
C. sales promotion, Personal Selling D. Financial services
D. Public Relation, Advertising E. Clothing
1713. One method of increasing prices is us- 1717. a customers desire, willingness, and
ing , where the company maintains its ability to pay for a particular product or
price but removes or prices separately one service, which will help fulfill their wish.
or more elements that were part of the for- Refers to this statement is a definition of
mer offer.
A. escalator clauses
A. Targeting
B. unbundling
B. Demands
C. unitary pricing
C. Marketing Concept
D. demand pricing
D. Selling Concept
1714. What is Loss Leader pricing?
1718. Organizational Consumer refer to busi-
A. A product is sold at production cost ness, government agency, or other insti-
price tution (profit or nonprofit) that buys the
B. A product is sold at less than cost price goods, services, and/or equipment neces-
sary for the organization to function.
C. A product is sold to make a small profit
A. True
D. none of above B. False
1730. Who owns a good if the good is used in 1736. Examples of activities are:
performing a service for a customer? A. social issues
A. The business performing the service B. shopping
B. The customer who buys the service C. work
C. The producer of the good D. sports
D. The supplier of the good to the busi-
ness 1737. What are pricing strategies?
NARAYAN CHANGDER
A. The process of managing a company’s
1731. What is marketing marketing activities
A. Customer loyalty B. The process of gathering data and in-
B. Profit formation to gain insight into customer
C. consumer behaviors needs and market trends
D. none of above C. The process of delivering messages to
customers in order to promote a product
1732. Which of the following is a macroenvi- or service
ronment force?
D. The strategies used to set the price of
A. Demographic a product or service
B. Technological
1738. What are distribution channels?
C. Political
A. The process of managing a company’s
D. All of the above marketing activities
1733. Newsletters, catalogues, and invita- B. The process of gathering data and in-
tions to organization-sponsored events formation to gain insight into customer
are most closely associated with the mar- needs and market trends
keting mix activity of: C. The networks used to move a product
A. Pricing or service from the manufacturer to the
customer
B. Product development
D. The process of setting the price of a
C. Distribution
product or service
D. Promotion
1739. “Many people want Audi, only a few
1734. The organization’s micro environment are able to buy” this is an example of
also includes various publics, A public is
any group that has an actual or poten-
tial impact on an organization’s ability to
achieve its objectives.
A. TRUE
B. FALSE
1735. The intent of Value Chain is to increase A. Needs
the value of a product or service. B. Wants
A. True C. Demands
B. False D. Status
NARAYAN CHANGDER
B. board of directors
1751. Which of the following is an example of
C. internal audience
excess demand:
D. .group of suppliers
A. Price = $500, demand = 500, supply
= 500 1756. Many people want a Mercedes, only a
B. Price = $400, demand = 600, supply few are able to buy. This is an example of
= 400
C. . Price = $600, demand = 400, supply A. Need
= 600 B. Want
D. Price = $700, demand = 300, supply C. Demand
= 700
D. Status
1752. MONITORING CULTURAL VALUES AND
SUBCULTURES ARE INCLUDED IN WHAT 1757. Knowing a customers family size DOES
ENVIRONMENTAL FACTOR? NOT help determine the demographics of
the target market.
A. TECHNOLOGICAL ENVIRONMENT
A. True
B. SOCIO-CULTURAL ENVIRONMENT
B. False
C. ECONOMIC ENVIRONMENT
D. NATURAL ENVIRONMENT 1758. Which function of marketing is provid-
ing customers with goods or services they
1753. Which of the following is not a need choose to buy?
A. Food A. Selling
B. Shelter B. Promotion
C. Clothing C. Financing
D. Luxury Cars D. Pricing
1754. What stage would gluten free sausages 1759. All the brand-related thoughts, feelings,
be in? perceptions, images, experiences, beliefs,
and attitudes that consumers hold in mem-
ory are known as
A. brand associations
B. brand staying power
C. mind share
A. intro D. brand share
1760. What is used to protect a good so it can- B. The distribution strategy, effective
not be copied? sales force, increased promotion, and dif-
ferent prices.
1761. Closing the sales means? 1765. The copy in a print advertisement is the
main selling message. What are factors
A. Close down marketing functions
that affect the copy in a print advertise-
B. Stop selling ment?
C. Successful completion of call A. Messaging
D. All of these B. Legal considerations
C. Characteristics of ad
1762. Primary data is
D. Objectives of ads
A. data previously collected for a purpose
other than the problem 1766. What are marketing strategies?
B. data obtained or collected directly in A. The process of managing a company’s
the field by researchers from the person marketing activities
concerned.
B. The changes in customer needs and
C. data is collected by finding consumer preferences over time
information using qualitative research
C. The plans and tactics used to reach or-
D. data that answers questions about ganizational objectives
quantity
D. The process of researching and analyz-
1763. Deciding the amount to charge cus- ing the market in order to gain an under-
tomers for products/services based on de- standing of customer needs and market
mand, completion, and the costs of raw trends
materials. 1767. What type of business policy is designed
A. Distribution to attract customers by making the pur-
chasing experience more convenient for
B. Marketing Information Systems/Market
them?
Research
A. Flexible
C. Product/Service Management
B. Employee
D. Pricing
C. Product
1764. Why would a business use a sales fore- D. Service
cast?
A. A firm estimates the total market and 1768. This includes the packaging, style, fea-
then estimates their share of that market ture, quality, and the brand name of the
to determine a sales forecast of a particu- product.
lar product A. Core Benefit
1769. The mileage, performance and basic fea- 1774. Setting and communicating the value of
tures of the car are examples of products and services. Setting the cost at
the right level.
A. Core Product
A. Price
NARAYAN CHANGDER
B. Augmented Product
B. Place
C. Actual Product
C. Promotion
D. Branded Product
D. Product
1770. customers wellbeing
1775. data refers to the data which is
A. marketing philosophy readily available.
B. societal philosophy A. Secondary
C. production philosophy B. Primary
D. none of the above C. Outdated
1771. What is market segmentation? D. none of above
1779. IMC immerses customers in communica- 1784. Refers to the decision-making process
tions and helps them move through the by which formal organization establish the
various stages of the buying process. need for purchased products and services,
1788. Marketers can facilitate and speed ex- 1793. Is a subgroup of people or organization
ternal communication among customers. that have one or more characteristics in
This statement belong to common that cause them to have the same
A. New Company Capabilities product needs.
NARAYAN CHANGDER
D. none of above
1789. Rumors were flying at Bennett Corpora-
tion that the company was planning staff 1794. How do you perform a ‘test market’?
layoffs. Management did not address the A. Sell the product at a few selected
issue with employees, so the work en- places and then observe the response
vironment became tense and distrustful.
B. Sell the product by offering huge dis-
This is an example of how grapevine com-
counts and free gifts
munication can
C. Test the market by giving the product
A. prepare employees for changes free to consumers
B. generate fear in the workplace D. Market the product for a short time
C. enchance the company’s image and then stop marketing it.
D. influence the company’s policies 1795. What is the person who buys a product
called?
1790. A homogenous demand, the demand are
classified in two or more identifiable clus- A. Retailer
ters. B. Salt
A. True C. Purchaser
B. False D. Customer
1791. Tangible items that have monetary 1796. The demographic environment, eco-
value and satisfy one’s needs and wants nomic environment and natural environ-
are ment are included in the marketing envi-
A. services ronment
B. ideas A. Internal
C. concepts B. External
C. Indirect
D. goods
D. Micro
1792. is the act of obtaining a desired ob-
E. Macro
ject from someone by offering something
in return. 1797. sdsdsads
A. Marketing Myopia A. ddd
B. Selling B. ddd
C. Exchange C. ddd
D. Delivery D. dd
1798. Fast food restaurants such as McDon- 1802. True or False?Marketing includes adver-
alds use this pricing strategy for selling tising, selling, and delivering products to
combos of burgers, fries and a beverage consumers.
1808. A type of management style in which B. The advertisement must then interest
top management shares decision making him, so that he will continue to read it.
with self-managing teams of workers who
C. the advertisement must convince him,
set their own goals and make their own
so that when reads it, he will believe it.
decisions.
A. horizontal organization D. the advertisement must have celebri-
ties or sports personalities to be effective
B. supervisory-level management
C. vertical organization 1813. When companies change their product
NARAYAN CHANGDER
design, formulation, or brand image, so as
D. middle management
to alter the product’s competitive position,
1809. “Many people want BMW, only few are the same is referred to as:
able to buy” this is an example of A. Positioning by Corporate identity
A. Need
B. Positioning by product category
B. Want
C. Positioning by competitor
C. Demand
D. Repositioning
D. Status
1810. You can advertise your product on Expo 1814. A technique for maximizing the value
2020 gained by both you and the costumer from
each transaction.
A. Strengths
B. Opportunities A. Value Proposition
1828. Kotler and Keller explain that the D. Persuade him to take an unpaid leave
essence of marketing is identifying and of absence
meeting human and social needs. One
good and concise definition of marketing 1832. following is not a part of marketing mix
is meeting needs in a way that A. product
A. profitable B. purpose
B. easy C. place
D. price
NARAYAN CHANGDER
C. strategic
D. economical 1833. What is the primary goal of the sales
E. fast function in marketing?
A. Conducting market research
1829. One of the most complex Digital Mar-
keting components, because the results B. Setting product prices
are largely determined by how search en- C. Generating revenue by selling prod-
gine algorithms work is Supporting Tech- ucts or services
nology;
D. Developing new products
A. SEO
1834. Which includes tools for promotion
B. Monitoring Activities are
C. Email Management A. Direct and digital marketing
D. SEO B. Advertising
E. Social Media Management C. Personal selling
1830. Identify the type of promotional media D. All true
based on the example below:Sports Illus-
trated and People Magazines 1835. Which intermediary obtains goods in or-
der to sell them directly to consumers?
A. Print Media
A. Wholesaler
B. Broadcast Media
B. Agent
C. Online Media
C. Retailer
D. Specialty Media
D. none of above
1831. Your coworker Tim tells you that he has
1836. The collection of utilities is known as
been experiencing a lot of stress at work
lately. What is the best advice that you
could give Tim that may help him more ef- A. Product
fectively manage his stress on a daily ba- B. Seller
sis?
C. Market
A. Suggest that he reassign some of his D. Purchaser
work to others
B. Tell him to use deep breathing and vi- 1837. Consumer buying behavior refers to
sualization techniques buying of goods from business to business.
C. Encourage him to take on additional A. True
projects so he doesn’t focus on the stress B. False
NARAYAN CHANGDER
A. True
B. False 1853. Advertisement may be defined as
1856. THESE ARE ENTITIES THAT WORK WITH C. Strategic marketing measures are
THE COMPANY TO CREATE VALUE FOR past-oriented.
TARGET CUSTOMERS.
1866. The marketing concept focuses on per- 1872. Honda recently opened a plant in a town
suading and convincing customers to buy in hopes of building their vehicles cheaper.
the products When Honda began interviewing potential
A. Selling concept employees, they found there were few ed-
ucated and trained employees in the area.
B. Product concept The limited number of potential employ-
C. Product concept ees compared to Honda’s need for trained
and educated employees is considered to
D. Marketing concept
be the economic problem of
NARAYAN CHANGDER
1867. With the globalization strategy, the A. Deficit
marketing processes and marketing instru-
B. Resources
ments differ in all foreign markets.
C. Scarcity
A. Correct statement
D. Surplus
B. Wrong statement
1873. Maruti Vega Ltd. entered into the mar-
1868. The exchange value of a product or ser- ket with coloured televisions and have
vice in its monetary value is known as now introduced products like audio sys-
A. Price tems, air-conditioners, washing machines,
etc. The company is not only offering the
B. Packaging
products but also handling complaints and
C. Labeling offering after-sales services. Identify the
D. Sales element of marketing mix discussed here.
A. Price
1869. The choice of target markets of the en-
B. Product
terprise is carried out on the basis of:
C. Place
A. segmentation
D. Promotion
B. positioning
C. programming 1874. Rancho calls his friend Farhan and re-
quests him to sell one of his photographs
D. none of above to Raju. Who is the Marketer in this trans-
action?
1870. ETHNOGRAPHIC RESEARCH CAN ONLY
BE USE BY COMPANIES OFFERING CON- A. Rancho
SUMER PRODUCTS ONLY. B. Farhan
A. TRUE C. Both
B. FALSE D. None
1871. This refer to the steps involved on how 1875. Which does not comes under PESTEL
decisions are made and the process that Analysis?
established purchase decisions.
A. Structure
B. Process
C. Content
D. none of above
B. 70% of the total population looks for 1889. Market are people or organization who
quality services and is willing to pay have the ability to purchase a product or
higher prices service.
C. Consumers believe that higher prices A. True
indicate higher quality or prestige B. False
D. Most consumers feel that the price is
actually affordable 1890. All foreign marketing operations are
planned and carried out with little or no
NARAYAN CHANGDER
1885. Mansi, a shoe manufacturer for school difference in product formulation and speci-
students, decided to maximise profits by fications, pricing strategy, distribution and
producing and distributing shoes on a promotion measures. The firms orienta-
large-scale and thus reducing the aver- tion is
age cost of production.Identify the market- A. Polycentric
ing management philosophy adopted by
Mansi. B. Geocentric
C. Ethnocentric
A. Production
D. Regiocentric
B. Product
C. Marketing 1891. With which element is exchange mecha-
nism related?
D. Selling
A. Publicity
1886. Providing information about the prod-
B. Marketing
uct, its features and quality, etc. are part
of C. Advertising
A. Promotion D. Branding
B. Pricing 1892. Research that is designed to assist deci-
C. Production sion making in determining evaluating and
selecting the best alternative in solving
D. None of these
problems is the definition of
1887. The term ‘market’ may be understood A. Conclusive research design
in which of the following contexts?
B. Exploratory research design
A. Geographical area covered
C. Descriptive research design
B. Type of buyers
D. R n D research design
C. Quantity of good transacted E. Research design
D. All of the above
1893. Which term referes to the ratio of how
1888. He’s fan of Manchester United. I many hours of labor it takes to produce
don’t understand how he can like football a product? Essentially measures the com-
so much. pany’s efficiency.
A. no article A. Variables
B. a B. Retention
C. an C. Productivity
D. the D. none of above
1894. What marketing function is responsible 1899. Identify an disadvantage of a limited li-
for getting products from the manufac- ability corporation.
turer to the consumer, including distribu-
B. Post production activity 1903. The decline in the average cost with ac-
cumulated production is called the
C. Pre and Post production activity
A. variable cost
D. Selling activity
B. demand curve
1898. Based on the type of retailer, Watson is C. learning curve
a type
D. supply curve
A. Full Service
1904. A relational database that is designed
B. Self Selection for query and analysis.
C. Self Service A. Customer database
D. Limited Service B. Database marketing
NARAYAN CHANGDER
C. Marketing Concept
D. Product Concept
A. bag
1906. Determining the group of customers
that will be the main target for a com- B. jar
pany’s goods/services is done through C. box
A. market strategy. D. tube
B. market segmentation.
1911. Importance of branding
C. a policy statement.
A. build the customers’ loyalty
D. consumer behavior research.
B. distinguishes from a competitors prod-
1907. If the negotiating party behaves aggres- uct
sively, our actions C. amplifies company’s image
A. Listen, smile, solve the other party’s D. All of the above
problem
B. Be aggressive 1912. Gurpreet is engaged in manufacturing
of refrigerators. He surveyed the market
C. Behaving aggressively if we have a and found that customers need a refrigera-
strong position tor with separate division of water cooler
D. Leave the negotiations in it. He decided and launched the same re-
frigerator in the market. Which marketing
1908. Is composed of independent organiza- management philosophy is being followed
tions at various stages of production and by Gurpreet?
distribution.
A. PRODUCT CONCEPT
A. Corporate VMS
B. SOCIETAL MARKETING CONCEPT
B. Contractual VMS
C. PRODUCTION CONCEPT
1909. A(n) market is characterized by a D. MARKETING CONCEPT
fairly narrowly defined market with a com-
plete and distinct set of needs, and a will- 1913. which of the following is a feature of
ingness to pay a premium to meet those marketing process?
needs. A. satisfying needs and wants of con-
A. local sumers
B. niche B. creating a market offering
C. individual C. developing an exchange mechanism
D. derived D. all of the above
1924. The permits the communicator to re- 1929. A strategy to be able to compete in a
ceive messages and stimulus from exter- competitive market and emerge as a solu-
nal sources as well as from other commu- tion in facing a very competitive market
nicators. with various types of industries in it is a
strategy
A. input subsystem
A. Consumer focus
B. output subsystem
B. Competitive Advantage
C. reverse subsystem
NARAYAN CHANGDER
C. Red Ocean Strategy
D. none of above
D. Blue Ocean Strategy
1925. What is the process of creating a unique
name and image for a product in the minds 1930. How does marketing research help in
of consumers? making informed marketing decisions?
A. Marketing research provides valuable
A. Product Positioning
insights for informed marketing deci-
B. Labelling sions.
C. Repositioning B. Marketing research only provides su-
D. Branding perficial information for marketing deci-
sions.
1926. The person who kicks off the idea of C. Marketing research is not necessary
buying a product is for making informed marketing decisions.
A. Initiator D. Marketing research is too time-
B. Decider consuming and expensive to be useful for
marketing decisions.
C. Influencer
1931. Name the strategy which adds a higher
D. none of above
priced prestigious product to the existing
1927. Identify the type of market research line of lower priced products?
data based on the characteristics be- A. Trading-Up
low:Data collected by a company regard- B. Trading-Down
ing sales of a particular product or time
period, etc C. Product differentiation
1928. 4Ps of Marketing mix does not have A. Conduct a break-even analysis
B. Evaluate its channel members’ perfor-
A. Price
mance
B. Product
C. Analyze the product’s quality stan-
C. Process dards
D. Promotion D. Examine the organizational chart
1943. The process of setting standards and 1947. The differences in the education and
evaluating performance. skills of the workforce are reasons why
A. empowerment market economies usually experience
NARAYAN CHANGDER
1944. Which stage has rapid sales?
1948. If Rayley makes $50, 000 a year in
salary working at Best Buy, then she is
ACTUALLY costing Best Buy how much in
total cost of employee?
A. $50, 000
B. $162, 500-$200, 000
C. $82, 000-90, 000
A. introduction
D. $62, 500-$70, 000
B. maturity
1949. Firms work to achieve the lowest pro-
C. decline
duction and distribution costs. It can
D. growth underprice competitors and win market
share.
1945. Brandi is reviewing marketing informa-
tion about the possible demand for a A. Differentiation
new product. In this instance, Brandi’s B. Overall cost leadership
marketing-information management sys- C. Focus
tem is most likely to be helping her to
D. Logistics
A. evaluate current promotional strate-
gies 1950. Identify the characteristics of publicity.
B. reduce the risk of product failure A. Credible Message
C. determine the competition’s market B. No media costs
share C. Business cannot control publication
D. develop a sales forecast for the com- type
pany D. Business cannot control message
1946. Strategic marketing planning estab- E. Business cannot control timing
lishes the 1951. Which type of promotion mix is used in
A. Resource base provided by the firm’s this ad?
strategy
B. Economic impact of additional sales
C. Tactical plans that must be imple-
mented by the entire organization
D. Basis for any marketing strategy View
answer
A. Advertising
B. Sales Promotion
NARAYAN CHANGDER
1966. Unclear unique selling proposition be-
A. Demographics long to company’s
B. Psychographics
A. strenghts
C. Geographics
B. weaknesses
D. Product Benefit
C. opportunities
1962. What are the different types of adver- D. threats
tising media?
1967. “Tasty Ltd.” hosted a gala event and
A. billboards, flyers, brochures
involved all of them to raise funds for a
B. social media, email marketing, content few local NGO’s. The company also asked
marketing its fans and customers to send songs and
C. word-of-mouth, product placement, poetry conveying their impression about
celebrity endorsements “Tasty Ltd. Products. “Identify the tool
of promotion in given lines.
D. television, radio, print, outdoor, digital,
direct mail A. Advertisement
B. Promotion
1963. What is the fullname of the reporter in
Creating Brand Equity? C. Advertisement
A. Josh Cabural D. Public Relations
B. Joshua Cabural 1968. Include a headline, copy, illustrations,
C. joshua cabral and asignature.
D. joshua cabral A. print
B. radio
1964. Which of the following is a true state-
ment about B2B (business-to-business) C. internet
marketing: D. none of above
A. B2B marketing strategies work well
for consumer marketing, but consumer 1969. Which of the following is an example
strategies don’t work for B2B. of a marketing strategy that a business
might develop in order to achieve an objec-
B. Only specialty marketing firms under- tive it has outlined in its marketing plan:
take B2B marketing.
A. Obtaining $1 million in sales
C. B2B marketing is more difficult than
consumer marketing. B. Lowering prices by 5%
1970. When writing any kind of business let- D. Researching current marketing trends
ter, it should be simple, clear, and inter-
esting so that customers who received it 1975. A societal process by which individu-
NARAYAN CHANGDER
C. No problem attaching Item Video
D. Pay on COD C. Experiences
E. Complaints about problem goods D. Persons
1980. The “4P’s” of the marketing mix stand 1985. Who is the father of modern manage-
for the four instruments:Production, Price, ment?
Product and Promotion. A. peter drucker
A. Correct statement B. philip kotler
B. Wrong statement C. Abraham Maslow
1981. Serving as a volunteer in a specific in- D. lester wonderman
dustry or for a business-related organiza-
1986. You open a business selling art supplies
tion is one way that individuals might ob-
and lessons. In your first month, you had
tain
the following total sales:$4, 000 in paint,
A. work experience $2, 000 in brushes, $1, 500 in easels, and
B. monetary compensation $1, 750 in canvas. You ran a promotion
on painting lessons totaling $600 in dis-
C. technical training
counts. Your returns equaled $250. Calcu-
D. guidance counseling late total net sales.
1982. Promotional message about a product A. 8250
paid for by an identified sponsor B. 8400
C. 8300
D. 8350
Explanation:Gross Revenue:$4, 000 + $2,
000 + $1, 500 + $1, 750 = $9, 250Ex-
penses:$600 + $250 = $850$9, 250-
$850= $8, 400 net sales
A. product 1987. What is not included in the core discus-
B. market segmentation sion in marketing is
C. suggestive selling A. Brand
D. advertising B. Need, Want, Demand
1983. A plan of action which aim at achieving C. Customer Satisfaction
the desired goal is D. Marketing Myopia
A. Strategy E. Marketing Environment
1988. An added value in economic terms; an B. Price determination is based on the to-
attribute of goods or services that makes tal costs incurred for the production pro-
them capable of satisfying consumers’ cess plus a profit margin
1998. What is the importance of having a doc- 2002. According to Peter Drucker marketing
umented strategy in Marketing Manage- is engaging customers and managing prof-
ment? itable customers relationships.
A. It helps to understand customers A. True
B. It helps to create valuable products B. False
and services
2003. It sees itself as integrating the value ex-
C. It increases the chances of success ploration, value creation and value deliv-
NARAYAN CHANGDER
compared to rivals who do not have a doc- ery activities with the purpose of building
umented strategy long-term, mutually satisfying relation-
D. All of the above ships and coprosperity among key stake-
holders.
1999. Which of the following guidelines should A. Marketing Strategies
you follow when completing a job applica-
B. Holistic Marketing
tion form:
C. Marketing Plan
A. Print the requested information in
black ink D. Market Survey
B. complete the parts labeled for em- 2004. Search Engine Optimization is consid-
ployer use only.” ered the part of search marketing that
C. Identify the minimum salary level that uses PAID tactics to gain visibility in
is acceptable SERPs. A paid SEM strategy includes both
the activities involved with setting up and
D. Leave information blank when it does optimizing ads as well as setting a budget
not apply to you that pays for the placement of ads.
2000. Marketers study the psychological sig- A. TRUE
nificance of pricing because the price B. FALSE
A. Leads to value and quality perceptions 2005. Amy is a nail tech and owns a nail salon.
to a customer She is calculating all of her expenses for
B. Helps suppliers know how much to the year compared to her revenue for the
charge a business for purchasing their year. Once all of her expenses have been
product paid, the money left over will be referred
C. Gives managers an opportunity to to as her
learn things about customers A. Variable income
D. Offers customers the ability to pur- B. Net income
chase a product C. Left over Income
2001. Which product policy measure is suit- D. Divisional Income
able to increase sales in the existing mar- 2006. The goods that are bought frequently
ket? with little planning or effort is known as:
A. Product innovation A. Convenience Goods
B. Product variety B. Shopping Goods
C. Product differentiation C. Speciality Goods
D. none of above D. Unsought Goods
NARAYAN CHANGDER
advertisement meets or does not
A. Market research information meet.Illustrations should communicate to
B. Market segmentation variable the reader what words are unable to do. A
signature, or logo, is important in a print
C. Source of understanding competition’s advertisement and should be obvious to
strategy the reader. The copy should be a call to
D. Source to predict future trends action and be in active voice
2018. Services cannot be stored for later A. The headline and illustration are close
sale or use which is a characteristic of together
services
B. The picture is of dancers, the headline
A. Perishability is about dancing and shows the product
B. Inseparability
C. There is no signature so it is not effec-
C. Intangibility tive
D. Variability
NARAYAN CHANGDER
A. Freedom from discrimination
B. Flexible work schedule A. Social test
NARAYAN CHANGDER
whose hobbies include sports answers
which economic choice? 2056. Which one is NOT a stage in the PLC?
A. What to produce?
B. For whom to produce?
C. How to produce?
D. When to produce?
D. Place strategy tags5.5 Marketing man- 2059. Identify the F ather of Marketing Man-
agement agement
C. A closed-ended question
A. D. An open-ended question
B.
C.
A. Pogo
B. Nickelodeon
C. Fanta
D. D. amazing
2064. The overall financial risk depends upon
2060. They are the brains behind getting the the
word out about their organizations prod- A. Proportion of debt in the total capital
ucts or services.
B. Proportion of equity in the total capital
A. Human Resource
C. Both of the above
B. Financial Advisers
D. None of the above
C. Marketers
D. Managers 2065. The marketing concept which aims to in-
crease profit from economies of scale
2061. IT REFERS TO POTENTIAL BUYERS, TYP- A. Marketing concept
ICALLY DEFINED BY THE NEEDS THE COM-
PANY AIMS TO FULFILL WITH ITS OFFER- B. Product concept
INGS. C. Societal marketing concept
A. COMPANY D. Production concept
B. TARGET CUSTOMERS 2066. One component of the marketing mix is
C. COLLABORATORS product, several strategies are developed
D. CONTEXT in products except
A. give a trademark
2062. Which type of interview question en-
courages an answer phrased in the respon- B. good packaging
dent’s own words? C. make other products at high prices
A. A scaled-response question D. make other products at lower prices
B. A Likert item E. creator
2067. When Mr. Schwarz’s order did not ar- 2071. A 30-40 customers are selected and are
rive at the expected time, he called Karl, invited to the store where they can buy
the salesperson with whom he had placed anything.
his order. Karl apologized for the delay A. Product testing
and told Mr. Schwarz that he would check
into the issue. After Karl talked with the B. Controlled testing
transportation company, he immediately C. Simulation testing
called Mr. Schwarz to let him know where
D. none of above
the order was and when to expect deliv-
NARAYAN CHANGDER
ery. Mr. Schwarz thanked Karl for getting 2072. The following are the elements of a Pro-
back with him so quickly. In this situation, motion Mix, EXCEPT?
Karl reinforced the company’s image by
A. Customer Social Responsibility
A. delegating work tasks
B. Public Relation
B. giving vague answers C. Advertising
C. providing efficient follow-up D. Personal Selling
D. complimenting the customer
2073. Which is confidential information that
would be unethical for an employee to pro-
2068. Needs of are being focused in Mar-
vide to others without permission from the
keting.answer choices
business?
A. Customer
A. Dates of an upcoming special sale
B. Marketer B. Posting of available positions
C. Consumer C. Well-publicized expansion plans
D. Seller D. List of employees who will be pro-
moted
2069. Which of the following often makes it
necessary for workers to continue their ed- 2074. What focuses on integrating various de-
ucation and obtain training to pursue dif- partments within a company to accomplish
ferent careers: its strategic goals?
A. Advances in technology A. Mission
2084. An example of a Threat of Substitute his preference shifted toward formal cloth-
from Starbucks is ing. Which of the following personal char-
A. Excellent acteristics is likely to have had the most
influence on Gary’s preferences during his
B. Instant coffee high school days?
C. Maxx Coffee A. Education
D. Coca Cola B. Age
NARAYAN CHANGDER
2085. Which of the following statements C. Income
about marketing is true? D. Gender
A. It is of little importance when products E. Physiological needs
are standardized.
B. It can help create jobs in the economy 2089. Although your coworker Edward has al-
by increasing demand for goods and ser- ways been a pessimistic person, his atti-
vices. tude has been very negative lately. He
obviously has an extreme dislike for the
C. It helps to build a loyal customer base new manager, and recently, his favorite
but has no impact on a firm’s intangible topics of conversation have been guns and
assets. knives. Knowing all this, what should you
D. It is seldom used by nonprofit organi- do?
zations.
A. Say nothing because Edward will prob-
2086. Which of the following is an example ably calm down soon
of helpful, printed information that busi- B. Share this information with your super-
nesses often give new employees during visor or the HR department
orientation:
C. Call the local sheriff of police chief to
A. Promotional brochure discuss Edward’s mood
B. Annual report D. During a staff meeting, accues Edward
C. Application form of plotting to kill the manager
2092. Delta Motor works markets its cars 2096. Which of the following is typically NOT
based on the age, gender, and income of a result of recognizing the importance of
its customers. Which of the following ethnic groups by marketers?
2094. SHOPPEE AND LAZADA SECURE PART- 2098. What is another way to describe finan-
NERSHIP WITH DIFFERENT COURIER COM- cial information that is true, complete, and
PANIES LIKE J&T AND NINJA VAN. THIS IS faithfully represented?
AN EXAMPLE OF WHAT FORM OF MAR- A. Timely
KETING ALLIANCES?
B. Understandable
A. PROMOTIONAL ALLIANCES C. Comparable
B. LOGISTICS ALLIANCES D. Reliable
C. PRODUCT/SERVICE ALLIANCES
2099. SWOT is
D. PRICING COLLABORATIONS
A. name of teacher dog
2095. Slogans: B. analysis of competitors
A. is a device that legally identifies own- C. analysis of strenghts, weaknesses, op-
ership of a registered brand or trade portunities and threats
name D. analysis of political factors
B. a. Brand awareness
2100. Modern marketing begins and ends with
C. represents a particular product of a the
company or organization A. Sales
D. are short, memorable catch phrases B. Products
used in advertising campaigns designed
to create product affiliations among con- C. Customers
sumers D. Price
2101. . The salesperson can check his/her un- 2106. The value that a brand contributes to a
derstanding of what the customer has said product in the marketplace is
by asking questions. A. brand awareness
A. interpretive B. brand loyalty
B. personal
C. brand image
C. open-ended
D. brand equity
D. numerous
NARAYAN CHANGDER
2107. Who is the Father of marketing?
2102. Scratch a card and win a refrigerator.
Identify the technique of sales promotion. A. E.J.Mc Carthy
may require adjustments to one or more 2116. Give clear directions; Be consistent;
components of the firm’s marketing mix Treat employees fairly; Be firm when nec-
essary; Set a good example; Delegate re-
NARAYAN CHANGDER
D. Earn more & more profits C. Traditionalist
2131. are human needs take as they are 2136. As a marketing professional, you are
shaped by culture and individual personal- trying to decide the best way to distribute
ity. and deliver your product or service. You
are thinking about which aspect of the mar-
A. Demands
keting mix?
B. Wants
A. Place
C. Value
B. Promotion
D. Satisfaction
C. Product
2132. A house (real estate property) is an ex-
D. Process
ample of
A. Convenience goods 2137. When a company mass-produces the
B. Unsought goods various modules of a product and then al-
lows customers to select which modules
C. Shopping goods will be combined together, it is known as
D. Specialty goods
2133. Raising the price of the hot new Christ- A. mass standardization
mas toys because of predicted increase de- B. product standardization
mand is an example of which marketing
C. product differentiation
function?
A. marketing information management D. mass customization
D.
NARAYAN CHANGDER
A. Physical Distribution
B. Promotion
C. Transport
A. The headline and illustration are close
D. All of Above
together,
2140. Is the study of knowing how individual B. The headline is says dance which
customers, groups or organizations select, would get the attention of the target mar-
buy, use and dispose ideas, goods and ser- ket
vices to satisfy their needs and wants.
C. The copy is not in the active voice
A. Motivation
D. none of above
B. Perception
C. Memory 2144. Which of the following do not belongs to
the steps in creating Strategic Brand Man-
D. none of above agement?
2141. How do producers benefit from the ex- A. identifying and establishing brand po-
changes that result from marketing? sitioning
A. By gaining repeat business B. growing and sustaining brand value
deals with brand positioning
B. By controlling their costs
C. By obtaining unlimited resources C. creation of significant contribution
model to the branding theory and has
D. By increasing charitable contributions rolled out the concept of customer-based
brand equity
2142. Examples of Retail Co-Branding are
D. planning and implementing brand mar-
A. Walls Selection Oreo
keting
B. AMDK Club for Indomaret
2145. Type of management in which managers
C. Walls Magnum
supervise the employees who carry out
D. none of above the tasks assigned by top & middle man-
agement.
2143. Select the elements that the print ad-
vertisement meet.An effective headline A. controlling
should attract the attention of the reader, B. middle management
select an audience, offer a benefit to the
C. top management
reader and lead to the illustration and the
copy. D. supervisory-level management
2154. dfdf 2159. includes all the actual and potential rival
A. d offerings and substitutes a buyer might
consider.
B. f
A. Competition
C. d
B. Marketing Environment
D. s
C. Earned Media
2155. When doing market research you should D. Marketing Channels
NARAYAN CHANGDER
do primary research 1st then secondary re-
search? 2160. The more educated you are, the bet-
ter informed you are and the better you
A. True
choose what you buy. What is this charac-
B. False teristic called?
2156. be cool limited has decided to mar- A. Good Decision Making
ket its products through the conventional B. Skills
network of manufacturer-wholesaler-
C. Behavior
retailer-consumer. identify the function
of marketing being described in the above D. Learning
lines
2161. Identify the factor based on the given
A. physical distribution explanation. As consumer perception in-
B. transportation creases, so will the price and vice versa
C. warehousing A. Cost & Expenses
D. standardisation and grading B. Supply & Demand
C. Consumer Perception
2157. Which employee is a good source for ob-
taining new product ideas because he or D. Competition
she is in contact with customers on an on- E. Government
going basis?
2162. The product poses a threat to the physi-
A. Graphic designer
cal well-being or health of the user or oth-
B. Tax auditor ers.
C. Sales representative A. Psychological Risk
D. Office manager B. Social Risk
A. target market
B. market share
C. promotion A. Core Benefit
D. marketing mix B. Generic product
C. Expected product
2166. Which promotional tool involves direct
communication between a salesperson and D. Augmented product
a potential customer? E. Potential product
A. sales promotion 2171. Theft, human error, technological errors,
B. personal selling and damages are all a cause of
C. public relations A. Surplus
D. advertising B. Shortage
NARAYAN CHANGDER
C. Edit A. Check inventory more often
D. New B. Prevent theft
2174. Marketing Management involves C. Taking physical inventory
A. planning marketing activities D. Don’t check figures
B. organising marketing activities 2180. In this stage of the product life cycle,
C. directing marketing activities sales of the product fall and companies cut
D. controlling marketing activities prices as well as advertising and promo-
tions of the product.
E. All of the above
A. Growth
2175. CUSTOMERS’ SATISFACTION ALSO DE- B. Introduction
PENDS ON PRODUCT AND SERVICE QUAL-
ITY C. Product Development
A. FALSE D. Maturity
B. TRUE E. Decline
2176. Which of the following is an important 2181. The main focus of selling concept is pro-
benefit of marketing plans? duction volume.
A. They develop exciting products A. True
B. They help recruit quality employees B. False
C. They ensure a yearly profit 2182. Which term doesn’t belong to this
D. They can help obtain funding group?
2194. Which of the following is a true state- was selling Britanica world ‘Encyclopedia’.
ment about marketing-research designs? Here Britanica is using which element of
A. Designs should not be combined. promotion mix?
NARAYAN CHANGDER
D. It is acceptable to use a combination
of all three designs. 2199. Closing of geographic market
A. POSITIVE
2195. It is a job, an occupation that is under-
taken for a major period of a person’s life. B. NEGATIVE
A. Career C. OPPORTUNITIES
B. Title D. THREATS
C. Opportunity 2200. online transactions safer and more se-
D. Designation cure from face-to-face transactions.
A. SELLER B. True
2198. When Savita opens the door on hearing D. all of the above
the door bell, a person was standing who E. none of the above
2204. Marketing communications can con- turns his ingredients into a complete meal,
tribute to brand equity by establishing the he’s taking part in
brand in memory and a brand image.
C. Costs of product / total market sales x B. How many cars does your family own?
100 C. What is your best childhood memory?
D. Revenue-Expenses D. Where did you spend your last vaca-
tion?
2206. Acquisitions may fail to create value be-
cause of E. What are the most important qualities
in a friend?
A. low acquisition price
B. poor strategic fit 2211. In a financial market, the price to bor-
row money is called the?
C. loose integration
A. Deposit
D. complete due diligence
B. Interest Rate
2207. Is anything that can be offered to a mar-
C. Credit
ket to satisfy a want or need.
D. Cost
A. Goods
B. Services 2212. Stages of PLC ( Product life cycle)
C. Information A. Introduction
D. Product B. Growth
C. Maturity and Decline
2208. External environmental factors are
D. All the above
A. controllable
B. stable 2213. Finding the money to invest in the busi-
ness and helping customers to find ways
C. fixed
to purchase the product.
D. uncontrollable
A. Distribution
2209. Filipe is a chef at a restaurant. He al- B. Finance
ways starts with his resources, such as
raw vegetables and meats, and then turns C. Product/Service Management
them into a fully-cooked meal. When Filipe D. Selling
NARAYAN CHANGDER
ences, both quality and price, are charac- A. True
teristics of preferences
B. False
A. Market homogeneity
B. Hetero original 2220. What types of applications help com-
C. Homogen puter users manage their appointments
D. Grouping and work activities through email soft-
ware programs?
2216. What can be included in an e-mail signa-
A. Task, calendar, and contact functions
ture?
A. position, company, and references B. Calendar, addrss book, and view mech-
anisms
B. work history, company, and email ad-
dress C. Contact, workbook, and view settings
C. position, work history, and email ad- D. Address book, task, workbook fea-
dress tures
D. position, company, and email address
2221. . By counting the number of gifts
2217. An example of a business that focuses wrapped at the gift-wrapping booth in a
on developing entities in people or humans local mall, you are determining
is
A. Input
A. property
B. mini Market B. Output
C. seamstress C. Ratio
D. celebgram D. Technology
E. event organizer
2222. Survey research, though used to obtain
2218. Specific offer designed to increase sales many kinds of information in a variety of
situations, is best suited for gathering
information.
A. interpersonal
B. causal
C. exploratory
D. descriptive
E. creative
2223. Mark True or False next to each scenario 2228. A mark or design placed on a product to
below to indicate if it is employee theft or identify it is
not. An employee takes $20 from the cash
NARAYAN CHANGDER
2235. the analysis, planning, implementation, items, but other items as well. Exam-
and control of programs designed to bring ple:Pricing a gallon of milk for $1 when
about desired exchanges with target mar- normally it sells for $2.50
kets for the purpose of achieving organi- A. Promotional Pricing
zational objectives-Philip Kotler
B. Everyday Low Price (EDLP)
A. marketing management
C. Pricing Lining
B. marketing
D. Bundle Pricing
C. marketing plan
D. none of above 2240. 1-Provides a single access point where
buyers can locate and contact many differ-
2236. In which of the concept of the Marketing ent sellers in the Metamarket:
“ it has been said that Product manager fall
in love with their product”? A. Metamediary
A. Marketing Concept B. Metamarket.
B. Selling Concept C. Market
C. Production Concept D. Marketspace.
D. Product Concept
2241. Haiti’s economy is based mainly on agri-
2237. Light of Hope Corp., a mobile manufac- cultural products such as coffee. This is
turer, attains competitive advantage over considered which type of economic sys-
its rivals by providing unique features in tem?
the phones they manufacture, such as a A. Command
3000 mAh battery, facial recognition soft-
ware, and customized applications. Which B. Market
of the following is Leo trying to attain C. Traditional
through these additional product features?
D. Mixed
A. Service standardization
B. Mass customization 2242. Early to Rise hot air balloon company
targets people who are adventurous and
C. Product depreciation funloving. This is an example of.
D. Product differentiation A. Demographic segmentation
2238. True or False:When calculating the AC- B. Usage rate segmentation
TUAL total cost of an employee, a busi-
C. Benefit segmentation
ness can multiple the base salary of the
employee by 1.25-1.4. D. Psychographic segmentation
2244. When the demand of a product is in- 2249. 4 which of the following is influencing
elastic, the firm is in a position to fix factor for consumer behaviour
prices. A. Personal
A. Higher B. Social
B. Lower C. Culture
C. Similar D. All
D. Competitive prices
2250. It refer to the “extra’s such as free de-
2245. Which of the following options repre- livery, warranty, installation and the like.
sent the manufacturers’ sponsorship op- A. Core Benefit
tions?
B. Expected Product
A. Private brand
C. Augmented Product
B. Licensed brand
D. Potential Product
C. Co-brand
D. All of the above 2251. The demand for a product is when
price cut causes revenue to increase.
2246. Strategies and tactics used in business A. Income elastic
in a market consisting of many competi-
tors. There are many potential buy- B. Price elastic
ers, but many business people are also C. Cross elastic
strategic
D. None of the above
A. Blue Ocean Strategy
B. Red Ocean Strategy 2252. In which of the concept of the Marketing
“Producer’s believe that customer would
C. Marketing Strategy prefer the product which is available at
D. Promotion Strategy lower price”?
A. Marketing Concept
2247. Which of the following is considered a
seasonal product? B. Selling Concept
A. Bottled water C. Production Concept
B. Shoes D. Product Concept
NARAYAN CHANGDER
D. Brand Performance C. Repeat business
D. Increased training
2254. Which of the following is NOT a bases
of Segmentation? 2260. Which part of the four P’s pf marketing
A. Demographic mix effects the location and transportation
B. Psychographic of the product
C. Physiological A. Product
D. Behavioural B. Price
C. Place
2255. It act as a silent salesman as it promotes
the product and increases its sale. D. Promotion
A. Labelling 2261. Which is NOT a use for market re-
B. Branding search?
C. Trade Mark A. Identifying what services customers
want
D. Packaging
B. Deciding what merchandise to sell
2256. The division of a market into a number
of different groups of consumers or buyers C. Determining tax deductions
is the meaning of? D. Forecasting sales
A. Product Segmentation 2262. What is Customer-perceived value?
B. Market Segmentation
A. The actual product features and costs
C. Positioning Produk
B. Customer feedback on product perfor-
D. Market Positioning mance
2257. Something that can be acquired via ex- C. The customer’s assessment of the ben-
change to satisfy a need or a want: efits and costs of a marketing offer rela-
tive to a competitor’s offer
A. Product
D. The customer’s evaluation of the com-
B. Places
pany’s sales tactics
C. Services
D. Goods. 2263. Suppliers, distributors, competitors and
consumers are included in the marketing
2258. Mountain Dew is an example of environment
A. A logo A. Micro
B. A brand name B. Macro
C. Promotion A. Political
B. Product
D. Place
C. Legal
2266. Identify the marketer here:Country ‘A’ D. Socio-cultural
asks Coutnry ‘B’ to hand over some nu-
clear material. This material is required 2271. placement in the media of newswor-
in the Country ‘A’ to meet its electricity thyitems about a company, product, or per-
requirements. Country B is rich in this re- son
source but normally doesn’t export the nu- A. publicity
clear material to any country. However,
on repeated urgings of the Country ‘A’ it B. public relations
agrees to do so. C. advertising
A. Country A who is a seller D. none of above
B. Country A who is a buyer 2272. All the different products a company
C. Country B who is a seller makes or sells
NARAYAN CHANGDER
C. Two channel
2279. Faiz created the process of making in-
D. Three channel stant “mee rebus” in a package that con-
sumers can buy and just go home and mi-
2275. is the combined discounted customer crowave it to eat it. He wants to know
lifetime values of all the company’s current what type of customers should he target.
& potential customers. What category of research would you rec-
A. customer equity ommend Faiz to undertake?
B. customer satisfaction A. Causal
C. customer loyalty B. Descriptive
D. profitable customer C. Explorative
D. Casual
2276. . Which step in the new-product devel-
opment process involves seeking feedback 2280. is the process of building & main-
from consumers in order to know what taining profitable customer relationships
response they would give to a proposed by delivering superior customer value &
product? satisfaction.
A. Idea generation A. customer perceived value
B. Product screning B. customer satisfaction
C. Concept testing C. customer delight
D. Feasibility analysis D. customer relationship management
2277. What type of advertising is this? 2281. The initials SWOT mean:Strengths-
Weaknesses-Opportunities-Trends.
A. Correct statement
B. Wrong statement
A. Opportunity costs
A. production
B. product B. Trade offs
C. sales C. Decision
D. marketing
D. Possibilities
E. societal marketing
2286. To determine demand for a new indus- 2290. This enables customers to try a product
trial product, you could use which method risk-free.
A. Contest
A. Expert opinions
B. Composite of sales force opinions B. Sampling
B. Authentication
C. Security Testing
D. Signing
E. Authorization
NARAYAN CHANGDER
a customer’s address.
A. P.O. Box
B. street
C. email
D. secondary
A. sales 2296. In the survey used by an organization
B. loyalty program of mothers who swap toys, respondents
C. publicity were asked, “Would you be willing to pay
a small fee in order to take advantage of
D. brand identity this service? Circle YES or NO.” This is
2292. The meaning of positioning is a(n) question.
A. position and dominate the minds of A. open-ended
customers through the products we offer B. multiple-choice
B. positioning the product as a leader in C. scaled-response
offering the best value
D. double-barreled
C. positioning the product as the best
E. dichotomous
compared to its competitors
D. positioning the product as a leader in 2297. process refers to original products,
technology product improvements, product modifica-
tions, and new brands developed from the
2293. The following are the activities of Con- firm’s own research and development ca-
tent Marketing, EXCEPT? pabilities.
A. Content distribution A. New Product Development
B. Planning content
B. Acquisition
C. Advertising content
C. Market Share Development
D. Create content
D. Market Segmentation
2294. The most common threats that threaten
2298. guides the development of adver-
software or applications include input val-
tisements and personal sales presenta-
idation, authorization, session manage-
tions.
ment and encryption. Below are things
you can do to prevent it, except; A. DEBT
A. Encryption B. AIBA
A. Core Benefit
B. Generic product
A. Nissan
C. Expected product
B. Mazda
D. Augmented product
C. GMC
E. Potential product
D. Volvo
2302. Brand positioning will affect the follow-
ing except: 2306. Select the internal business environ-
A. Human Resources Planning ment of an organization.
B. Changes in Human Resources A. business owner
C. Consistent marketing/brand strategy B. employee
decisions
C. supplier
D. Make things easier for advertising
agencies D. competitor
NARAYAN CHANGDER
services; a source of aid or support that
2313. Presentation of a product. Helps with
may be drawn upon when needed.
distribution. Includes labeling.
A. organizing
A. Packaging
B. exit interview
B. Price
C. resources
C. Advertising
D. controlling
D. Research
2309. The process of classifying people who
form a given market into even smaller 2314. Information is that is valuable and
groups are meaningful to a specific user.
A. targeting A. raw data
B. market segmentation B. picture data
C. isolating C. primary data
D. target markets D. processed data
2310. The space the organization occupies 2315. Asking survey questions aimed captur-
within its industry or sector with respect ing needs, values, attitudes, behaviors
to the consumer’s brand awareness. and demographics.
A. Marketing ethics A. ADVERTISING TESTING
B. Market position
B. BRAND AWARENESS AND REACH
C. Brand awareness
C. MARKET SEGMENTATION
D. Promotional advertising
D. PRODUCT TESTING
2311. THIS RESEARCH FIRM GATHERS CON-
SUMER AND TRADE INFORMATION 2316. What is not included in the steps to de-
WHICH THEY SELL FOR A FEE. velop effective marketing communications
is
A. SPECIALTY-LINE MARKETING RE-
SEARCH FIRM A. Identify target audience and deter-
mine communication objectives
B. CUSTOM MARKETING RESEARCH
FIRM B. Select the message source
C. SYNDICATED-SERVICE RESEARCH C. Choose communication channels and
FIRM media
D. RESEARCH COMPANY D. Listen to just a few customer opinions
2317. is the process of building & main- D. Firm wants to take full control over pro-
taining profitable customer relationships duction and promotion in the target mar-
by delivering superior customer value & ket
NARAYAN CHANGDER
D. none of above
A. Promotion
2332. This is a collection of people who have
B. Financing
a need for a particular product, and who
C. Distribution have the ability, willingness, and author-
D. Product/Service Management ity to buy it.
A. Service
2328. Donna owns a chain of fast-food joints.
As the chain became more and more suc- B. Idea
cessful, she decided to contribute a share C. Market
of her profits each year to support cancer
D. Market Segmentation
research. This is an example of corpo-
rate community involvement 2333. The marketing plan is the key document
A. corporate community involvement which sets down precisely
B. environmental marketing A. who is to do what
C. cause-related marketing B. when
2330. Consists of all the organizations that ac- 2335. Which is included in the Marketing Ori-
quire goods and services used in the pro- entation concept
duction of other products or services that A. Demand exceed supply
are sold, rented, or supplied to others.
B. Buy a good at a reasonable price
A. Market C. Mass production
B. Business market D. Focus on the customer than business
C. Target Market E. Good Sales and communication strat-
D. Direct Market egy
2336. What are the four stages in the product C. Strengths, weaknesses
life cycle? D. Opportunities, threats
2341. Which two factors of SWOT are INTER- 2346. Which of the following usually has a
NAL? grid layout?
A. Weaknesses, opportunities A. Grocery Store
B. Strengths, threats B. Clothing store
2347. The term “Marketing” refers to? 2353. Brad wants to find a job in the field of
A. Promotion of the product advertising. An easy way for Brad to find
out the names of all the advertising busi-
B. Focusing on sales and profit nesses in his area would be to
C. Strategizing and implementing the or- A. visit local businesses
NARAYAN CHANGDER
ganization process
B. read the yellow pages
D. Set of activities to deliver customer
value and satisfaction C. ask his friends
D. watch for advertising
2348. The following are activities carried out
at the Point of Sales, which activities are 2354. Marketing information management
not included connects , , and the to a firm
through information.
A. Give a t-shirt gift
A. Consumers
B. Organize barter activities
B. Customers
C. Distribute product brochures
C. Public
D. Hold a cashback program
D. Targeted demographic
2349. Which of the following is not a charac-
teristic of a good brand name? 2355. Who is the Father of Modern Market-
ing?
A. Versatility
A. Abraham Maslow
B. Uniqueness
B. Lester Wunderman
C. Complex
C. Peter Drucker
D. Suggestive of qualities
D. Philip Kotler
2350. A strong brand has smaller margins.
2356. Geoffrey B. Small
A. True
A. Production
B. False
B. Sales
2351. The concept which focuses on customer
C. Market
welfare is called
D. Societal
A. production concept
B. product concept 2357. Izwan manages a small ‘warung’ sell-
ing nasi lemak and mee siam every morn-
C. marketing concept
ing to factory workers going to Singapore.
D. societal concept Over the past month, he has seen lesser
and lesser workers buying from him, but
2352. Which of the following is also referred he does not know why. What category of
to as Markup Pricing market research should Izwan go into to
A. Cost Price find out why?
B. Cost Plus Pricing A. Explorative Research
2365. Name the process of creating a unique 2370. Eliminating possibilities until one or two
name and image for a product in the minds ideas are selected for development.
of consumers? A. generating ideas
A. Product positioning B. screening ideas
B. Repositioning C. introducing the product
C. Branding D. evaluating customer acceptance
D. Labelling
2371. Whenever customers of Black Inc., a
NARAYAN CHANGDER
2366. Coffee pods for Dolce Gusto coffee ma- mobile manufacturer, have a complaint to
chine are relatively inexpensive, consider- make about a product not being up to the
ing the price of the machine. The pricing mark, the company makes it a point to
strategy used for the pods as auxiliary contact the customer or even go to their
products is: homes to understand the issue. The com-
A. Product bundle pany believes that this will help retain cus-
tomers and create better products. Which
B. Captive product pricing step of the consumption chain is this sce-
C. Creative pricing nario depicting?
D. All of the options A. The third step:how do consumers
make their final selections?
2367. Which among the following is not the cri-
teria to measure effectiveness of the seg- B. The fifth step:how is your prod-
mentation? uct/service delivered?
2368. What does a sales policy do for a com- 2372. Uses concepts and tools from anthropol-
pany? ogy and other social science.
A. Assists the sales people in making A. Observational Research
commission B. Behavioral Research
B. Directly increases sales C. Ethnographic Research
C. Ensures a positive shopping experi- D. Experimental research
ence for customers
D. Encourages suppliers to provide more 2373. Rank the receiving process components
products to the firm in order below:a. Goods are marked and
priced to be sent out into the store b.
2369. Which of the following are methods Boxes are recorded on a receiving record
used to segment a market? c. Merchandise is checked d. Truck arrives
A. Age, religion, school you go to, eating at store e. Any damages are reported f.
habits and views on education Order is placed
C. A, B, C, D, E, F
D. B, C, D, E, F, A
A. Psychographic segmentation
2380. This is a relationship between busi- 2386. What type of segmentation occurs when
nesses in which both a strategic, mutually Publix runs a “Going Green” promotion
beneficial partnership takes place. to promote Earth Day and environmentally
safe products?
A. Affinity partnership
A. Demographics
B. Marketing
B. Psychographics
C. Co-branding
C. Geographics
D. Co-marketing
NARAYAN CHANGDER
D. Product Benefit
2381. To reach the mass customer in non per-
2387. What type of duties do customer-
sonnel manner, the following element of
service professionals often perform?
promotion mix is used.
A. Preparing ads
A. Advertisement
B. Paying invoices
B. Sales Promotion
C. Handling complaints
C. Personal selling
D. Receiving shipments
D. Publicity
2388. The level of packing used to present a
2382. Brick & click and Brick and mortar are gift to your friend on his birthday-
same concepts
A. Primary
A. True B. Secondary
B. False C. Transportation
2383. A growing number of companies have D. None
taken on multi-channel distribution sys-
2389. What is the relationship between data
tems.
and information?
A. Hybrid Marketing System
A. data and information are the same
B. Horizontal Marketing System thing
B. data are used to create information
2384. Customized Marketing is often called In-
dividual Marketing? C. information is used to create data
A. True D. data and information are not related
B. False 2390. Target Group means
NARAYAN CHANGDER
B. Customer’s welfare C. Unpredictable
C. Quality of the Product D. Fast
D. Quantity of the Product 2407. “The act of dividing the markets into
specific groups of consumers/buyers who
2403. What do geographics, behavioral, demo-
share common needs and who might re-
graphics and psychographics have in com-
quire separate products/and or marketing
mon?
mixes”. This is the definition of
A. they are examples of mass-marketing
approaches
B. they are methods that can be used to
segment a market
C. they are terms used frequently in
sales-oriented companies
D. they are unrelated to one another A. segmentation
C. involves fragmented approach to sell 2409. Marketing does not include the follow-
D. Selling is limited to exchange of goods ing
and services A. Marketing planning
B. packaging A. competitor
C. selling B. four Ps of marketing
2413. Type of promotion, company representa- 2418. Who makes the decisions in a Mixed eco-
tive speaks directly with customer is: nomic system?
A. Government
B. Consumers
C. Based upon customs, beliefs, religion
and habits
D. none of above
NARAYAN CHANGDER
E. Price
A. when consumers are able to perceive B. To increase the product turnover rate
differences between brands C. to simplify the price-marking function
B. when brand choice is made in the store D. To improve the transportation system
C. when the product is an impulse item
2433. The money received by resource owners
D. when there is low brand loyalty and by producers for supplying goods and
services to consumers
2430. The Body Shop is a cruelty-free beauty
care company, and has since supported A. Sales
many environmental campaigns like ‘Save B. Benefits
Belum-Temenggor’ and ‘Against Animal
Testing’. The Body Shop practices con- C. Income
cept. D. Expenses
2435. Which statement is not correct? 2440. The consumer group that is the target
A. Prospect is an potential customer. of the business approach to purchasing the
product to be offered is the definition of
B. Goods is marketed in market
A. Positioning
C. Market includes all buyers and sellers.
B. Targeting
D. Idea is not marketed in market
C. Segmenting
2436. The key customer market consists of D. Production
NARAYAN CHANGDER
A. Government markets 2441. Oppo always competes to become the
B. Business Markets market leader of the Samsung brand,
C. Consumer Markets which is already known to the public and
is always developing its products. The
D. All of the above promotions carried out by the two brands
above are also very intensive, the price
2437. Product Differentiation:Product Fea- difference is very small. In determining
tures, Service Differentiation: the company’s position, Oppo positions it
A. Product form as
B. Style A. follower
C. Customization B. simplicity
D. Installation C. challenger
D. be creative
2438. Which of the following is a force that
does NOT affect the Microenvironment? E. market leader
A. The company 2442. Why is it important to identify your mar-
B. The Suppliers and Intermediaries ket, or potential customers?
NARAYAN CHANGDER
2459. The question you are answering right
now is an example of a(n):
A. multiple-choice question
B. open-ended question
C. dichotomous question
A. public relations D. scaled-response question
B. press release
E. action-based question
C. supporting charitable causes
2460. What is marketing?
D. reviews from customers
A. The attributes of goods or services
2455. Consumer buyer purchase decision are
made by brand reputation or recommenda- B. Both A and C
tion, but little product knowledge. C. The action of promoting and selling
A. True products or services.
B. False D. One that is heavily regulated by the
government.
2456. Family, reference groups, social roles,
and statuses are factors under 2461. Consumers often choose and use brands
that have a brand personality consis-
A. Cultural
tent with how they see themselves, also
B. Personal known as the self-concept.
C. Social A. actual
D. none of above B. others’
2457. Eric sends staff members an email stat- C. suggestive
ing that their department’s performance
D. prohibitive
during the third quarterexceeded the com-
pany’s goals, so each of them will receive 2462. What factors make up the marketing en-
a $200 bonus. What technique is Eric us- vironment?
ingto motivate staff members to continue
A. Economic conditions, legal changes,
the good work?
and cultural trends
A. Financial incentive
B. Company values, production efficiency,
B. Verbal encouragement and technological advancements
C. Acknowledgment plaque C. Sales promotions, customer feedback,
D. Public recognition and distribution channels
2474. Which of the following often makes it 2479. Salespeople sometimes have difficulty
necessary for workers to continue their ed- meeting the needs of customers who are
ucation and obtain training to pursue dif- A. agreeable.
ferent careers
B. silent.
A. Advancements in technology
C. decisive.
B. Increases in responsibility
D. patient.
C. Changes in geography
2480. The job of a marketer is not easy. A
NARAYAN CHANGDER
D. Limits to confidentiality marketer must pay attention to the exter-
2475. Marketing is a process aiming at ? nal macro environment. One of them is the
need to know the beliefs, way of life and
A. profit making pleasures of potential consumers as part
B. production of the factors
C. customer satisifaction A. Politics and law
D. selling B. Economy
C. Social and Cultural
2476. SAN MIGUEL CORPORATION ESTAB-
LISH B-MEG TO SUPPLY FEEDS TO THEIR D. Demographics
FARMS. THIS IS AN EXAMPLE OF WHAT 2481. Money left over after paying your bills
STRATEGY? and basic living necessities is called.
A. INTERNAL EXPANSION A. Disposable Income
B. MERGER B. Census
C. BACKWARD INTEGRATION C. Discretionary Income
D. FORWARD INTEGRATION D. Savings account
2477. When Lois, a small business owner, de- 2482. decisions dictate how much to
cides to become a sponsor in his local com- charge for goods and services in order to
munity’s annual Cancer Walk in order to MAKE A PROFIT.
create publicity for his company, he is mak- A. Pricing
ing decisions in relation to the market-
B. Promotion
ing function.
C. Selling
A. Promotion
D. Market Planning
B. Marketing Information Systems/Market
Research 2483. It is any form of collective behavior that
C. Product/Service Management develops within a culture, a generation or
social group in which a group of people en-
D. Selling thusiastically follow an impulse for a finite
period.
2478. Social class, lifestyle type, and person-
ality type are variables under behavioral A. Mega trend
segmentation. B. Trend
A. True C. Fad
B. False D. none of above
NARAYAN CHANGDER
C. Production concept
2493. is a form of non-personal promotion
and is a one-way message. D. Marketing concept
A. Private sales 2498. This measure helps you find out where
B. Sales promotion your customers are going. What are the
reasons for loss of customers.
C. Public relations
A. Periodic Surveys
D. Advertising
B. Mystery Shoppers
2494. A garment showroom wants to promote C. Customer Loss Rate
its sale. It has introduced a scheme of D. Monitor Competitive Performance
50% +40 % off. It is an example of which
sales promotion technique? 2499. Which of the following is not a 4ps mar-
keting element
A. discount
A. Product
B. lucky draw
B. Price
C. quantity gift
C. Promotion
D. usable benefit
D. Process
2495. The activity, set of institutions, and pro-
2500. A newspaper article mentioned that TM
cesses for creating, communicating, deliv-
wireless, was changing its name. Suggest
ering, and exchanging offerings that have
the best promotion mix method the com-
value for customers, clients, partners, and
pany may use to inform the public about
society at large is
this change.
A. Marketing A. Sales promotion
B. Goods B. Advertising
C. Services Services C. Public relations
D. Pricing D. Personal selling
2496. In market segmentation, it is necessary 2501. The three levels of International market-
to pay attention to segmentation require- ing environment of a firm includes the fol-
ments which can be clearly differentiated. lowing factors
These conditions are called A. Global
A. actionable B. Domestic
B. accessible C. Organisational
C. substantial D. Financial
2502. full marketing campaign in small number 2507. The similar word of opportunities is
of representative cities is a characteristic A. Change
of
2505. Setting goals for a project and determin- 2510. The term ‘market’ may be understood
ing how to reach them. in which of the following contexts?
A. organizing A. Geographical area covered
B. controlling B. Type of buyers
C. planning C. Quantity of goods transacted
D. remedial action D. All of the above
2506. True or False?Marketing involves en- 2511. Which of the following includes selling
couraging people to buy a product or ser- products with the help of machines, it is in-
vice. stalled in public or even in private places?
A. True A. Direct sales
B. False B. Direct marketing
Explanation:Creating Product as per the
need of consumer and finally persuade C. Automatic vending
them to buy D. Sales marketing
NARAYAN CHANGDER
C. Selling other products to existing cus-
motional mix method would you suggest
tomers
Lazada to choose?
D. Selling to employees
A. Sales promotion
2514. happens when there are too many B. Personal selling
staff members in the store for the cus-
tomer traffic C. A public relations strategy
A. Overstaffing D. Horizontal diversification
B. Customer Service
2519. Which can be a barrier to effective com-
C. Employment laws munication
D. Understaffing A. Full colour advertising brochure
2515. For the security precaution listed below, B. Early morning meeting between two
select the option(s) that would help de- workers
ter shoplifting, robbery, or employee theft.
Use S, R, and ET to indicate your choice C. Poorly worded letter
Lock display cases D. Memo sent down the chain of commu-
A. S (Shoplifting) nication
B. R (Robbery) 2520. Who among the following has pro-
C. ET (Employee Theft) pounded the classification of 4P’s of mar-
D. none of above keting?
A. James Culliton
2516. Some form of cheating or undersupply
relative to an implicit or explicit contract. B. N.H.Borden
A. Business Market Risk C. Robert Lauterborn
B. Social Risk D. E.J.McCarthy
C. Capital Market
2521. Consumer attitudes is an important
D. Opportunism
factor.
2517. The purpose of this marketing function A. economical
is to set an financial charge for a product
that will maximize profit B. social
A. Channel Management C. political
B. Product Service Management D. legal
2522. Marketing management is the art and 2526. When handing this type of customer, it
science of selecting target markets and ac- is important to have products displayed ef-
quiring, retaining, and growing customers fectively and have sales staff ready to tell
2530. Jason works for Sky Airlines. When B. “Is financing available?”
reserving airline tickets for customers by C. “Is delivery included?”
telephone, Jason needs to obtain the cus-
tomer’s desired arrival and departure loca- D. “Is there a return policy?”
tions, travel dates, and 2536. Labelling provides detailed information
A. passport and credit card information about the
B. identification number and email A. contents of the product
adress B. usage of the product
NARAYAN CHANGDER
C. contact and payment information C. durability of the product
D. telephone number and travel code D. All of the above
2531. Which is not the mode of labelling? 2537. The following is NOT a form of sales
A. Descriptive promotion
B. Formative A. Telemarketing
C. Utilitative B. Voucher
NARAYAN CHANGDER
B. Promotion
C. Company activities to determine prod-
C. Marketing
uct availability for target consumers
D. Channels of communication
D. Marketing activities to inform about a
product
2551. In service marketing, apart from tra-
ditional four elements of marketing mix, 2556. Demographics are statistics that de-
there are three more elements, namely, scribe a population in terms of
people, process and
A. personal characteristics
A. Physical evidence.
B. where they live
B. Publicity.
C. how often they shop
C. Packaging.
D. their behaviors
D. All of the above.
2557. Which one of the following is not part
2552. The act of buying of the same brand of the Marketing Mix
over and over again is known as A. Product
A. prospective buyer B. Price
B. advertising campaign C. Production
C. company image D. Place
D. buying habit 2558. Which of the following marketing
Explanation:Also known as Brand Loyalty strategies is more representative of B2C
marketing communication?
2553. environment consists of the larger
societal forces that affect the PESTEL A. Mass communication
A. New B. Rational Appeal
B. Micro C. Account based marketing.
NARAYAN CHANGDER
A. Focus on efforts to create customer
A. Consumer
satisfaction
B. Business-to-business (Industrial)
B. Rejection of customer retention activi-
C. Reseller ties
D. Institutional C. Rejection of customer retention activi-
ties
2571. Wendy’s vs. McDonald’s
A. competition D. Creation of short-term profits for the
company
B. brand
C. target market 2576. Firms that help the company to promote,
sell, and distribute the products to the fi-
D. place nal customers or buyers.
2572. Comprehensive document or blueprint A. the competitors
that outlines the advertising and market- B. the Intermediaries
ing efforts for the coming year.
C. the publics
A. Marketing Plan
D. none of above
B. Market Research
C. Marketing Strategy 2577. The task of any business is to deliver
at a profit.
D. Product Testing
A. Customer needs
2573. Which concept of marketing emphasis
on availability and affordability of the B. Products
product? C. Customer value
A. Selling concept D. Quality
B. Production concept
2578. Which of the following will result in
C. Product concept a decrease in a consumer’s purchasing
D. Marketing concept power?
A. A decrease in the consumer’s income
2574. to create a sales concept, the seller aims
to make a profit through consumer satis- B. An increase in the price of the good on
faction, this can be formed by the vertical axis
A. selling cheap prices C. An increase in the price of the good on
B. pay attention to the needs and wants the horizontal axis
of potential buyers D. all of the above
2589. Your staff is very well trained. 2594. To generate innovative product ideas, a
A. Strengths business often performs which activity?
B. Weakness A. Evaluates traits
C. Opportunities B. Interprets laws
D. Threats C. Monitors trends
D. Measures feedback
2590. consists of evaluating each mar-
ket segment’s attractiveness and selecting 2595. A promotional strategy that uses a
NARAYAN CHANGDER
one or more segments to enter sales force (paid) to encourage sales is
A. Positioning called
B. Mass customization A. Marketing mix strategy
C. Market targeting B. Marketing channel strategy
D. Market segmentation C. Push strategy
D. Pull strategy
2591. What is an advantage of price skim-
ming? 2596. a salesman of the company dealing in
A. Gains market share pet foods is paid a fixed salary f rs 20,
000 per month and furthermore, rs 20 ex-
B. Covers costs and breaks even tra per unit sod beyond the target sales.
C. Allows an organisation to make the identify the type of cost being described
largest profit possible above
D. none of above A. fixed cost
2592. The way your own opinions or perspec- B. variable cost
tive influence the way you interpret the C. semi variable cost
data. D. none of the above
A. Opinion
2597. In planning marketing activities and in
B. Bias making marketing decisions, marketers
C. Cognition use a variety of data gathered by a(n)
D. Survey A. Marketing information management
system
2593. Reliance Dairy Products Ltd. has
started the business of making milk. The B. double-entry bookkeeping system
product is initially marketed in Chennai. C. file of employee records
They decided to put a hologram on the D. inventory control system
packet to ensure that product is not tam-
pered with.Which type of decision is taken 2598. What does marketing management in-
under one of the element of marketing volve?
mix? A. Only advertising
A. Branding B. Planning, production, and control of
B. Packaging marketing activities
C. Labelling C. Sales tactics only
D. Place D. Product development only
2609. Marketing services agencies does NOT 2614. What are the steps needed to make
includes Marketing Management effective?
A. marketing consulting firms A. Analyzing consumer behavior, develop-
ing strategy, goals, and objectives, and
B. advertising agencies product development
C. marketing research firms B. Market and customer analysis, devel-
D. Market planning opment of strategy, goals, and objectives,
and product development
NARAYAN CHANGDER
2610. The systematic design, collection, analy- C. Setting the goals of a company, orga-
sis and reporting of data and all findings nizing the plans step by step, taking deci-
relevant to a particular marketing situa- sions for the company
tion facing a company, is referred to as
D. None of the above
A. marketing intelligence system.
2615. What is the importance of having a good
B. analytical marketing system. public reputation in Marketing Manage-
C. internal reporting system. ment?
A. It helps to understand customers
D. business management system
B. It helps to create valuable products
E. marketing research and services
2611. Marketing mix is related to C. It signifies higher chances of expan-
sion and growth
A. product
D. None of the above
B. price
2616. Getting consumers to recognize and re-
C. place member a brand is
D. promotion A. brand awareness
B. brand equity
2612. Choose the correct optionOur roof
should be repaired winter arrives. C. brand extension
2619. Process of evaluating the feasibility of 2623. Consumer behavior is the study of how
a new product or service, through re- consumer , , , and the offers
search conducted directly with potential of the company.
2629. Mail order selling belongs to which type 2633. Which of the stages in the Marketing
of level of channel of distribution? Funnel is not included?
A. 0 Level A. Awareness
B. 1 Level B. Interest
C. The good C. Proclamation
D. 3 Level
D. Evaluation
2630. Which stage requires lots of advertis-
NARAYAN CHANGDER
ing? 2634. MARKETING RESEARCH IS FOR LARGE
COMPANIES ONLY
A. TRUE
B. FALSE
2638. Look at the image and identify the type 2642. Product, Place, Price, and Promotion are
of marketing also called
2647. How the consumer gets the product 2652. Which of the following is an example of
A. Place specialty advertising:
B. Price A. Skywriting
NARAYAN CHANGDER
a company who has downsized therefore 2653. Computerized databases make it possi-
eliminating some management poistions ble for marketing researchers to
while trying to increase efficiency?
A. obtain desired information immedi-
A. Effective Management Techniques ately
B. Human Resources B. limit their use of biographical
C. Vertical Organization databases
D. Horizontal Organization C. gain unrestricted access to statistical
data
2649. Is the short-term user of the meaning
for the immediate decision-making and the D. reduce the use of off-line data collec-
long-term retention of the meaning. tion methods
2657. Specific actions that will be used to A. Kerala Tourism persuading people to
carry out strategies visit Kerala for health tourism.
D. Understaffing B. Marketing
C. Merchandising
2659. which of the following function of mar-
D. none of above
keting helps in making product more at-
tractive and improving its performance? 2664. Marketing Plan Contents:
A. market planning A. Financial Projections
B. product designing and development B. Recommendation
C. branding C. Implementation Controls
D. promotion D. Marketing Strategy
2660. What is the aim of Loss Leader pricing E. Review of related literature
strategy?
2665. Which is an example of a manager being
A. To increase profit unethical when communicating with em-
B. To make customers aware of entire ployees?
product range A. Explaining that some information is
C. To attract new and existing customers confidential
and increase sales of other items B. Deliberately providing insufficient in-
D. none of above formation
C. Sending information in simple chart
2661. Payroll, hotel reservations, and sales form
orders are handled by a(n) type of in-
formation system. D. Deliberately limiting the distribution of
classified information
A. executive support system
2666. When Justy buys his own house, he
B. knowledge work system
would like to have a home theater system
C. decision support system and a jacuzzi. He plans to save enough
D. transaction processing system money in the next three years so that he
can fulfill his wish. He desire for the home
2662. Which of the following can be mar- theater and the jacuzzi is an example of
keted? a(n)
NARAYAN CHANGDER
be sights unobtainable through other forms
A. Close-ended of research
B. Open-ended 2672. A reseacher conducted a focus group to
C. Mixed understand the motives behind consumer
rejection for a brand’s previous collection.
D. none of above
This researcher is collecting data
2668. Which of the following is not related A. functional
with marketing mix?
B. secondary
A. Product
C. historical
B. Price
D. primary
C. Place
2673. What are customer touch points?
D. Consumer
A. all aspects of the offering that directly
2669. Give an example of a marketing man- affect consumer preferences
agement activity.
B. all needs and wants of customers
A. Conducting market research to under-
stand customer preferences C. all direct or indirect interactions be-
tween the customer and the company
B. Managing internal administrative
tasks D. all interactions between customers
and competitors
C. Reducing product prices to increase
sales volume E. all factors that affect buying behavior
D. Ignoring customer feedback and com- 2674. .... questions allow respondents to an-
plaints swer in their own words and often reveal
more about how people think.
2670. The following are social media market-
ing activities, EXCEPT? A. Open-end
A. Update status di WA business B. Dichotomous
B. Upload content on IG and TikTok C. Likert scale
C. Upload promotional tweets on Twitter D. Multiple choice
D. Advertise on YouTube E. Semantic differential
NARAYAN CHANGDER
C. Long lasting
B. vertical organization
D. Very diverse C. middle management
2685. The relationship between the business D. empowerment
and the regulating bodies known as?
2691. Why should a company always strive to
A. Media Relationship develop product innovations?
B. Customer Relationship A. in order to utilize production capacity
C. Government Relationship B. to replace products whose life cycle is
coming to an end
D. Investor Relationship
C. to expand the product range
2686. Different parts of a business consider as D. to offer customers something new
one single entity is known as? more often
A. Environmental marketing
2692. What is meant by CRM
B. Holistic marketing
A. Customer Relationship Management
C. Societal marketing
B. Corporate Relation Management
D. Industrial marketing C. Client Relationship Manager
2687. Which of the following Pricing Strate- D. Customer Reaction Management
gies describes when you take the cost of E. Customer Reflection Management
producing a good and add on a percentage
of profit to arrive at the selling price? 2693. Customers often use price to evaluate
the of a product or a firm’s
A. Cost-plus pricing
A. Profits
B. Low pricing
B. Advertising
C. Promotional Pricing
C. Value & image
D. High pricing
D. Product & management
2688. is want for specific product backed 2694. Your friend buys you a gift card to Game
by ability to pay. Stop. Who is the CUSTOMER?
A. Want A. your friend
B. Need B. you
C. Customer C. the cashier
D. Demand D. your mom
2695. is the form of the product that con- 2700. Which of the following is an example of
sists of activities, benefits, or satisfaction a macro-environmental factor?
offered for sale that are essentially intan-
D. Ideas A. start
B. introduction
2696. Act of dividing market into distinct
C. beginning
groups of buyers is
D. growth
A. Market segmentation
B. Market configuration 2702. Information about the target market,
such as age, gender, income level, marital
C. Market research status, ethnic background, geographic resi-
D. none of above dence, attitudes, lifestyle, and behavior is
called a
2697. IT DEFINES THE VALUE THAT AN OFFER- A. target market
ING AIMS TO CREATE FOR THE RELEVANT
B. consumer markets
PARTICIPANTS IN THE MARKET.
C. marketing mix
A. VALUE EXCHANGE
D. customer profile
B. VALUE PROPOSITION
C. VALUE CREATION 2703. Identify the logo
D. VALUE OFFERING
B. time C. maturity
C. brand D. decline
D. value
2709. What is the primary focus of market-
E. self-concept
ing?
2705. Expressed as a straightforward rela- A. Maximizing profits
tionship between perceived benefits and
perceived cost. The following statement B. Creating customers and satisfying
NARAYAN CHANGDER
is a definition of? their needs
A. Benefit C. Enhancing product features
B. Cost D. Minimizing production costs
C. Value
2710. Which of the following is an example of
D. Demands core elements to public relations?
2706. What four activities are involved in dis- A. Retain and create goodwill
tribution?
B. It is planned activity
A. Physical distribution
C. First do good, then take credit for it
B. Purchasing
C. Inventory storage D. All of the above
2713. Identify an advantage of a partnership. 2717. What is the key to effective note tak-
A. There are two or more owners, the ing?
C.
D.
A. Equipment
2725. SUCCESSFUL COMPANIES RECOGNIZE
B. Installations
AND RESPOND PROFITABLY TO UNMET
NARAYAN CHANGDER
C. Manufacturing materials NEEDS AND TRENDS.
D. Office supplies A. TRUE
2729. The process through which two or more 2734. Which is not the type of Segmentation
parties come together to obtain the de- A. Demographic
sired product or service from someone,
C. exchange D. Behavioral
D. marketing 2735. Which of the following marketing
2730. Market segmentation is a subgroup of strategies best aim to directly enhance
people or organization that have one or brand image and reputation?
more characteristics in common that cause A. Differentiation and brand positioning
them to have the same products needs.
B. Re-branding and modernization
A. True
C. Customer support feedback
B. False
D. Product and service innovatio
2731. is a small group of people who pro-
vide opinions under the direction of a dis- 2736. The focus of the presumed marketing
cussion leader. strategy is
A. Experiments A. Head to head with competitor
B. Interviews B. Combining products with different
C. Surveys products/services
D. Focus group C. Focus on audience awareness
2739. During market segmentation analysis, 2743. When purchasing a new fridge, which
the marketer identifies which segments feature belongs to the AUGMENTED
present the greatest opportunity. These PRODUCT?
segments are called
A. capital markets
B. target markets
C. tertiary markets
NARAYAN CHANGDER
D. demographic markets
E. developing markets
A. 5-year warranty
B. White or Steel style
C. BOSCH
D. Frost-free freezer
2748. What are the three ways in which prod- A. Post purchase decision
uct features can be offered for the purpose B. Evaluation of alternatives
of differentiation?
C. Problem recognition
A. The product does a “better job” of
meeting a customer need on existing prod- D. Information search
uct features.
2752. Choose the correct order of the ladder
B. The product does “same job” for a cus- of customer loyalty.
tomer than other products.
A. Suspect, Prospect, Client, Customer,
C. The product does “more jobs” for a Advocate
customer than other products.
B. Prospect, Suspect, Client, Customer,
D. The product does a “unique job” that Advocate
nothing else does.
C. Suspect, Prospect, Advocate, Client,
E. The product does a “relative good” Customer
that nothing else does.
D. Suspect, Prospect, Customer, Client,
2749. In order to protect and develop the new Advocate
car industry, the Malaysian government
2753. Increasing the features and quality you
imposes high import tax rates on the en-
offer is a decision made by which market-
try of goods such as car components and
ing mix?
spare parts from foreign countries. What
is the environment that affects the above A. Product
situation? B. Price
A. Economic environment
C. Place
B. Legal Environment
D. Promotion
C. Political environment
2754. What marketing function involves de-
D. Cultural environment
signing and improving products to meet
2750. Many sellers make the mistake of pay- customer needs and preferences?
ing more attention to the specific products A. Promotion
they offer than to the benefits and expe-
B. Pricing
riences produced by these products. This
concept is known as C. Product development
A. Experience orientation D. Distribution
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A. Saving Accounts
D. experience
B. Credit Cards
E. abroad
C. Home Loans
2756. Actions to protect devices, networks,
D. NRI Deposit
programs and data from cyber threats and
illegal access. These threats are usually E. None of these
carried out by irresponsible individuals for
2761. What are the 2 Marketing Functions
various purposes that are detrimental to
NOT experienced by the customer? They
the victim. The information is;
are done behind the scenes.
A. Cyber Crime Goals
A. Marketing Planning
B. Pengertian Cyber Security
B. Product Service Management
C. Privacy Protection Aspects C. Marketing Information Management
D. Definition of Jobdesc Security (MIM)
E. Manfaat Security Website D. Pricing
2757. Diffused preference exist when con- 2762. in which of these products will the mar-
sumers want very different things. keters needs to add ‘use by’ date
A. True A. a pack of tomatoes
B. False B. an egg mayo sandwich
C. a large bag of dog biscuits
2758. Which of the following is true of product
differentiation? D. non
A. It is a matter of customer thought and 2763. Manages successive levels of produc-
perception. tion and distribution through power and
B. It cannot occur when two companies size
use similar technologies. A. Contractual VMS
C. It does not typically require higher B. Administered VMS
costs.
2764. Ability of a product to satisfy a cus-
D. It is independent of intangible fea- tomer’s desires.:
tures such as brand image and value.
A. Utility.
2759. Select the explanation for merchandising- B. Market.
related discounts, Discounts given by man-
ufacturers or retailers given to a company C. Marketspace
in the same trade D. Exchange.
D. hires people for the kind of job you 2771. what is this brand?
want
2774. The following is not a marketing mix, 2779. What strategy does a company use to
namely: enter into a joint venture if it wants to suc-
cessfully sell its products on the market?
A. Physical Evidence
A. In diversification
NARAYAN CHANGDER
B. Place
B. In product development
C. Promotion
C. In market development strategy
D. Technology
D. none of above
2775. When you see an advertisement for a
2780. Singles Dosa Introduced by A2B is the
store and decide to shop there, which ele-
Example of
ment of the marketing mix has succeeded?
A. presentation
B. product
C. place
D. promotion
2783. Type of products which cannot be sold 2788. in what stage is here little to no compe-
without technical knowledge- tition
2793. Conventional wisdom in global segmen- 2798. Consist of people, equipment, and pro-
tation believes in cedures to gather, sort, analyze, evalu-
ate, and distribute needed, timely, and ac-
A. Homogeneity among countries
curate information to marketing decision
B. Homogeneity within the country makers.
C. Macro level cultural differences A. Marketing Intelligence
D. Micro level cultural differences B. Marketing Strategies
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C. Marketing Information System
2794. Below are the main courses in the devel-
oping information, except D. Marketing Management
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$2000.00. What is the Net Income for the Research
month? C. Product/Service Management
A. $20, 500 D. Selling
B. $22, 000
2816. Gathering and analyzing information to
C. $18, 500
help make sound marketing decisions.
D. none of above
A. Data
2812. Choose the correct option B. Marketing Research
C. Primary Date
D. Survey
2820. Internal capabilities of the company 2826. Which of the following is not a product
A. Sales of Bank?
2825. What is the expansion of PLC? 2830. Market value of shares are decided by
2831. Which function of marketing includes an 2836. Which method is useful for forecasting
effort to inform, persuade, or remind po- of a new product?
tential customers about a product or ser- A. Social test
vice?
B. Market test
A. Pricing
C. Product test
B. Financing
D. License test
C. Promotion
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2837. Nonprofit and Governmental Organiza-
D. Selling tion is not a market
2832. if the management of the company A. True
wants to exercise highest levelof control B. False
over distribution of its product, which of
the following channelsof distribution will 2838. In the marketing triangle comprising of
be preferred consumer, company and competition, who
is at the top
A. zero level channel
A. Company
B. one level channel
B. Consumer
C. two level channel
C. Competitor
D. three level channel
D. All the three options
2833. Marketing is called a process be-
2839. in the decline stage companies might dis-
cause it involves interaction of buyers and
card the product or make major changes in
sellers.
order to extend a products life
A. Economic
A. True
B. Social B. False
C. Legal
2840. Ria refused to buy an insulated lunch
D. Political box for rs 1200 as she felt that the real
worth of the product was much less than
2834. SMART goals are its monetary value. identify the factor re-
A. Specific lated to pricing decision being described
above
B. Measurable
A. cost of the product
C. Realistic
B. the utility and the demand
D. All of the above
C. government and legal regulations
2835. What might a business do if it is running D. pricing objective
out of a popular product?
2841. Firms that share similar or the same ac-
A. Order substitutes
tivity as our main activity in the company
B. Reduce the price are
C. Hold a sale A. the intermediaries
D. Place a reorder B. the suppliers
C. Packaging C. Business
D. Sales Promotion D. Website
2846. A product or service value is increased 2850. What stage would Kleenex hand towels
during a certain time of the day or year be in? Discus.
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A. Introduction
B. Maturity
A. Warmth
C. Decline
B. Highest quality
D. Growth
C. Trendy
2851. Name the term used to describe the com- D. Cheap
bination of variables chosen by a firm to
2855. A company can classify customers ac-
prepare its market offering?
cording to their potential profitability and
A. Product mix manage its relationships with them accord-
ingly.
B. Promotion mix
A. True
C. Marketing mix
B. False
D. Price mix
2856. You are a participant in a staff meeting.
When is it appropriate to ask questions?
2852. 11 A product lifecycle includes
A. when the agenda is being distributed
A. Introduction
B. when another participant is speaking
B. Growth
C. when you need a point clarified
C. Maturity D. when you do not agree with the
D. All speaker
weld to fix molds of the boats. Assigning 2864. Hu Jintao, the dictator of China, makes
John with specific tasks that he has expe- the decisions which affect the jobs and
rience with is an example of living conditions of people living in China.
2870. One way to obtain reliable and up- C. Products or services purchased by dis-
to-date information about employment tributors for resale
trends in a certain career or field is by
D. All wrong
A. speaking with a salesperson
B. reading older periodicals 2875. Coordination and management of “4R”,
increasing the sensitivity of the enterprise
C. asking retired workers to the needs of consumers-this is the role
D. visiting government websites of marketing defined:
NARAYAN CHANGDER
2871. Below are the examples of Economic En- A. marketing orientation
vironment, except B. market orientation
A. Outcoming Power C. internal orientation
B. Saving rate
D. none of above
C. Debt
D. Credit Availability 2876. Demands are human wants that are
backed by buying power.
2872. Political campaigns are generally exam-
A. True
ples of
B. False
2873. Components of a laptop are examples 2878. Which of the following statement is not
of correct?
A. Durable products A. In zero level channel, goods are di-
B. Materials and parts rectly made available to consumers from
manufacturers
C. Installations
B. In One level channel, goods are made
D. Maintenance and repairs
available from manufacturers to retailers
2874. The definition of consumer product is then customers
A. Products or services purchased by sup- C. In two level channel, goods are made
pliers available from manufacturers to agent
and then to retailers
B. Products or services purchased by fi-
nal consumers for personal consumption D. none of the above
2879. Involves decisions regarding the 2884. Investment can be defined.Person’s ded-
product to be manufactured and it‘s at- ication to
tributes such as its quality considerations,
2889. What is marketing research? 2894. Soccer’s World Cup is promoted aggres-
A. The process of managing a company’s sively to both companies and fans. This is
marketing activities an example of marketing a(n)
NARAYAN CHANGDER
distinct sub-groups of customers
D. The process of positioning a brand in 2895. Place refers to
the minds of customers A. the goods or the services of the busi-
2890. Which marketing function involves iden- ness is selling.
tifying and understanding customer needs B. how much people will pay for the prod-
and preferences? uct.
A. Pricing C. where the product will be sold
B. Promotion D. none of above
C. Product development
2896. The marketing functions including com-
D. Market research munication channels, sales, and service a
company must utilize to meet the needs of
2891. The first step in Marketing Research is
a customer or potential customer. Includes
to
communication throughout the buying pro-
A. Collect the Data cess.
B. Identify and Define the Problem A. Customer service
C. Develop the Process for Data Collec- B. Consumer demand
tion
C. Sales
D. Analyze & Report the Data
D. Retail
2892. The buying process starts when the
buyer recognizes a problem or need trig- 2897. orientation assumes that aggres-
gered by or stimuli. sive sales is required for pushing the prod-
ucts to cconsumer
A. internal, external
A. Marketing orientation
B. commercial, personal
C. social, public B. Sales Orientation
2910. Marketing Management is 2914. The process that turns marketing strate-
A. Art gies and plans into marketing actions in or-
der to accomplish strategic marketing ob-
B. Science jectives is called
C. Both Art and Science A. Marketing strategy.
D. Neither Art nor Science B. Marketing control.
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Example of D. Marketing implementation
2918. Alma is preparing a presentation about 2923. A customer with has a unpleasant expe-
her department’s budget to make to the rience with the business will more likely to
company president. She wants to use a become a repeat and loyal customer.
NARAYAN CHANGDER
B. Executive Summary
C. banner
D. slogan C. Marketing Strategy
Explanation:We call it punch line or Po- D. Budgeting
sitioning Statement also
2932. Contains information about the product
2929. Sunita calls her friend Suman and re- on its container, packaging, or the product
quests her to sell one of her paintings to itself.
Rama’s mother. In this transaction who is
A. Labelling
the marketer
A. Sunita B. Logo
B. Suman C. Slogan
C. Both D. none of above
D. None 2933. A marketing mix is the blending of four
2930. In order to promote the habit of health marketing elements:price, product, promo-
and hygiene among weaker sections of the tion and
society, Home Products has launched low A. Property
cost packs of hand wash. Identify the type
B. Place
of marketing philosophy being adopted by
the company. C. Produce
A. Product Concept D. Prepare