BNN College (A, S & C), Bhiwandi Marketing (Commerce V) : Padmashri Annasaheb Jadhav Bhartiya Samaj Unnati Mandal's
BNN College (A, S & C), Bhiwandi Marketing (Commerce V) : Padmashri Annasaheb Jadhav Bhartiya Samaj Unnati Mandal's
BNN College (A, S & C), Bhiwandi Marketing (Commerce V) : Padmashri Annasaheb Jadhav Bhartiya Samaj Unnati Mandal's
10. ___________system takes place when two or more stages of distribution channel are
combined and managed by one firm.
A. Vertical marketing
B. Third Party Logistic
C. Horizontal
D. Advertising
Ans: A. Vertical marketing
11. _______ concept of marketing assumes that customers will prefer those products
which are aggressively promoted.
A. Marketing
B. Societal
C. Product
D. Selling
Ans: D. Selling
12. Harmful products like cigarettes are promoted through ___________ ads.
A. advocacy
B. social
C. surrogate
D. Institution
Ans: C. surrogate
13. _________ strategy refers to introduction of new products in the market.
A. Market Development
B. Product Development
C. Market Penetration
D. Market Saturation
Ans: B. Product Development
Demography
Sociography
Geography
Psychography Ans:a Demography
In _____ segmentation, consumers are divided on the basis of psychological traits such as emotions,
behaviour and mind.
Demographic
Sociography
Geographic
Psychographic Ans:d Psychographic
_____segmentation is done on the basis of product related behaviour such as product usage rate, user
status, loyalty pattern, buying motives, attitudes and responses etc.
Demographic
Sociographic
Geographic
Behavioural Ans:d Behavioural
_____is the basis of behavioural segmentation.
User Rate
Life Style
Family Size
Social class Ans:a User Rate
Segmentation means the process of _____the market into smaller groups or segments.
multiplying
dividing
adding
totaling Ans:b dividing
Market segmentation is a _____ consuming process.
place
segment
market
time Ans:d time
Developing products for the mass market is _____.
economical
cheap
expensive
despicable Ans:c expensive
People in the market are in _____ stages of readiness to buy a product.
different
similar
parallel
analogous Ans:a different
Consumers buy products with _____ buying motives.
similar
comparable
equivalent
different Ans:d different
_____ is a basis of sociographic segmentation.
Culture
Income
Gender
Occupation Ans:a Culture
_____ analyses the data and identifies patterns from data.
Data mining
Market segmentation
Market targeting
none of the above Ans:a Data mining
Process of selecting market from the entire market is termed as _____.
Segmentation
Targeting
Positioning
All of the above Ans:b Targeting
_____ is an element of demographic segmentation.
Personality
Age
Attitude
Usage rate Ans:b Age
In _____ specialization, marketer offers several products in several segments.
product
multi-segment
single-segment
none of the above Ans:b multi-segment
pushed
positioned
extended
pressed b positioned
_____ helps in protecting the goods from damage during transportation.
Packaging
Insurance
Branding
none of the above a Packaging
_____ refers to the value and strength of the brand that decides it’s worth.
Branding
Brand equity
Brand Positioning
none of the above b Brand equity
_____ gives a distinct identity to the brand
Brand name
Brand equity
Brand Image
Brand Loyalty c Brand Image
Products are_____________ .
(i) mortal (ii) immortal (iii) lifelong
Brand equity is an art of___________ building.
(i) house (ii) product (iii) brand
Price mix needs periodical____________ .
(i) review (ii) feedback (iii) reporting
____________ has incremental value.
(i) Brand personality (ii) Brand association (iii) Brand equity
____________ is a long term pricing strategy.
(i) Skimming pricing (ii) Penetration pricing (iii) Psychological pricing
Product is the ___________ marketing mix.
(i) special P (ii) heart of (iii) unimportant component of
Packaging is regarded as___________ p.
(i) first (ii) third (iii) fifth
Maturity is the_____________ stage of product life cycle.
(i) first (ii) second (iii) third
Packaging___________ adulteration.
(i) encourages (ii) discourages (iii) stops
Pricing methods and pricing strategies are__________ .
(i) the same (ii) different (iii) opposite
Pricing acts as_____________ regulator.
(i) supply (ii) demand (iii) wants
Brand equity as an asset which____________ continuously.
(i) depreciators (ii) appreciates (iii) remains stable
Product positioning ___________service positioning.
(i) means (ii) is different from (iii) is opposite to
[Ans.: (a — iii); (b — i); (c — i); (d — iii); (e — i); (f — iii); (g — ii); (h — ii);
(i -iii); (j -iii); (k- iii); (I-ii); (n - (o -ii)l
(a)__________ is an element of the marketing mix. (Nov. '18)
(i) Profit (ii) Price (iii) Investment (iv) Plan
(b)____________ is the part of the product that carries information about the product and the
seller. (Nov. 18)
(i) Channels (ii) Profit (iii) Label (iv) Decision
(c)__________when registered becomes a trademark. (Nov. 18)
(i) Brand (ii) Product (iii) Patent (iv) Copyright
(d) Products, like human beings, are_____________ .
(i) social (ii) presentable (iii) mortal (iv) mobile
(e)_____________customers are influenced by rapid penetration strategy.
(i) Discounts-oriented (ii) Price-oriented (iii) Media-sensitive
(iv) Price-sensitive
(f) Branding facilitates product______________ .
(i) positioning (ii) targeting (iii) differentiation (iv) growth
(g) Brand association depends on personal relevance and_____________ .
(i) flexibility (ii) consistency (iii) penetration (iv) balancing
(h) Packages includes primary package, secondary package and____________package.
(i) tertiary (ii) reusable (iii) shipping (iv) fragile
(j) Patanjali products are positioned as_____________ preparation.
(i) eco-friendly (ii) economical (iii) health-friendly (iv) Ayurvedic
Service positioning creates___________ addition.
(i) price (ii) value (iii) service (iv) revenue
The broader concept of product not only includes the physical elements but also the psychological
elements associated with the brand. TRUE FALSE a
TRUE
Augmented product is a product where the product or the service provided exceeds customer's
expectation. TRUE FALSE a TRUE
When one product is mixed with other product it is called product mix. TRUE FALSE
b FALSE
Branding helps in differentiating a product from competing products. TRUE FALSE
a TRUE
Brand extension does not have any effect on the parent brand. TRUE FALSE
b FALSE
Brand Positioning helps inoccupying a distinctive place in the minds of the people. TRUE
FALSE a TRUE
Brand equity is the incremental value of a business above the value of its physical assets due to the
market position achieved by its brand and the extension potential of the brand. TRUE FALSE
a TRUE
Price is the exchange value of a product. TRUE FALSE a
TRUE
Under Market Penetration pricing strategy the manufacturer charges high price for his product when it
is introduced in the market. TRUE FALSE b FALSE
Product quality has little impact on brand loyalty. TRUE FALSE
b FALSE
A product mix consists of various product lines. TRUE FALSE a
TRUE
Product mix contraction means introducing different versions of the brand. TRUE FALSE
b FALSE
Product strategies followed in inception stage includes product modification, enlarging distribution
and service network and maintaining competitive price level. TRUE FALSE
b FALSE
Brand fatigue enters into the mind of the customers during growth stage. TRUE FALSE
b FALSE
Registered brands are called trademarks. TRUE FALSE a
TRUE
Maturity stage is the stage where the demand and sales reach the saturation point. TRUE FALSE
a TRUE
The stage of the product in product life cycle has no effect on price fixation. TRUE FALSE
b FALSE
Flexible pricing strategy is also called variable pricing strategy. TRUE FALSE
a TRUE
Odd pricing is also called psychological pricing. TRUE FALSE a
TRUE
The major objective of Market Penetration strategy is to recover the research and development cost
quickly.TRUE FALSE a TRUE
Package acts as a silent salesman. TRUE FALSE a
TRUE
Label performs function of a tag. TRUE FALSE a
TRUE
Product depth refers to how many product lines the company offers. TRUE FALSE
b FALSE
The length of the product mix refers to the total number of items/brands in a product category.
TRUE FALSE a TRUE
Product width refers to the total number of brands in a product category TRUE FALSE
b FALSE
Marketing mix can be applied to both business as well as non-business organisations. TRUE
FALSE a TRUE
The marketing mix variables need not be interlinked to one another. TRUE FALSE
b FALSE
There is a fixed formula for marketing mix which can be ideal under all situations. TRUE
FALSE b FALSE
Product includes not only tangible goods but also intangible goods like services and ideas.
TRUE FALSE a TRUE
The price mix has various sub-variables, such as credit sale, instalment payment, discounts, gifts,
terms of credit etc. TRUE FALSE a TRUE
Under Skimming pricing strategy, product is introduced with low price in the market. TRUE
FALSE b FALSE
Under Penetration strategy, product is introduced with a high price in the market. TRUE FALSE
b FALSE
John Bearly, an American marketing expert coined the expression 'marketing mix'. TRUE
FALSE b FALSE
Marketing mix is not a consumer oriented concept. TRUE FALSE
b FALSE
Adjustments in marketing mix variables are made in order to meet customer satisfaction. TRUE
FALSE a TRUE
Product Mix refers to the complete portfolio of products offered by firm. TRUE FALSE
a TRUE
Marketing Mix is a dynamic concept. TRUE FALSE a
TRUE
A firm adopts the same marketing mix for all products. TRUE FALSE
b FALSE
The terms brand equity and brand positioning are synomymous. TRUE FALSE
b FALSE
Services cannot be positioned. TRUE FALSE b FALSE
Products can be positioned by using celebrity endorsements. TRUE FALSE
a TRUE
Intangibility element creates a challenge in service positioning. TRUE FALSE
a TRUE
Aggressive
Forceful
Public
Personal d Personal
Advertising is _____ in nature.
non-personal
personal
special
private a non-personal
_____ awards are given to those customers who are loyal to the organisation and its products.
Jury
National
State
Patronage d Patronage
A _____ is an assurance given about the quality of a product sold.
promise
warranty
statement
logo b warranty
In __________, companies sell their products directly to the consumers by eliminating intermediaries
from the channel of distribution.
Personal selling
Sales promotion
Direct marketing
Public relation c Direct marketing
_____ channel of distribution is an arrangement wherein two or more producers at the same level join
together for marketing their products.
Vertical
Horizontal
Multi-level
none of the above b Horizontal
In _____ channel, two or more stages of a distribution channel are combined and managed by one
firm.
Vertical
Horizontal
Multi-level
none of the above a Vertical
_____ is a component of supply chain management.
Inventory management
Warehousing
Return of goods
All the above d All the above
_____ are the elements of promotion.
Sales promotion
Direct marketing
Advertising
All the above d All the above
_____ are the components of sales management.
Recruiting sales people
Sales planning
Motivating sales people
All the above d All the above
_____ is the first step in personal selling.
Prospecting
Approach
Presentation
Follow-up a Prospecting
_____ are the skills required for effective selling.
communication skills
Interpersonal skills
Physical qualities
All the above d All the above
Integrated Marketing communication is a _____ approach of communication.
Unified
Diversified
Scattered
none of the above a Unified
A channel of distribution is the route taken by the title to the product as it moves from the producer to
the ultimate consumer or industrial user. TRUE FALSE
TRUE
A zero level channel is one in which there are multiple intermediaries. TRUE FALSE
FALSE
Zero level channel is also called the direct channel of distribution. TRUE FALSE
TRUE
Marketing channels create time, place and possession utilities. TRUE FALSE
TRUE
A three level channel is suitable if the product is manufactured and sold locally. TRUE FALSE
FALSE
Adverting is an element of promotion mix. TRUE FALSE
TRUE
Advertising through mass media is personal in nature. TRUE FALSE
FALSE
Advertising helps advertiser to create a separate and a distinct image for his brand. TRUE
FALSE TRUE
Personal Selling is suitable if the consumers are spread over vast geographic areas. TRUE
FALSE FALSE
Patronage awards are given to those customers who are loyal to the organisation and its products.
TRUE FALSE TRUE
Premiums are gifts offered along with the product in order to induce the consumers to buy the brand.
TRUE FALSE TRUE
Warranty is an assurance given about the quality of a product sold or hired. TRUE FALSE
TRUE
Speciality advertising involves low cost items like calendars, key chains, etc. bearing the company's
name, addresses and a sales message. TRUE FALSE
TRUE
Corporate Communication means promoting understanding of the organisation amongst its employees
only. TRUE FALSE FALSE
Public relation is an element of Integrated marketing communication. TRUE FALSE
TRUE
Publicity is an element of price mix. TRUE FALSE
FALSE
In telemarketing the manufacturer directly reaches the consumer on telephone. TRUE FALSE
TRUE
Warehousing is an important component in business supply chain. TRUE FALSE
TRUE
Personal Selling is the personal communication of information, to persuade someone to buy
something. TRUE FALSE TRUE
Sales Promotions are long-term promotional incentives. TRUE FALSE
FALSE
Consumer promotional tools are those tools which are directed towards intermediaries. TRUE
FALSE FALSE
Trade promotion tools are promotional tools directed towards the intermediaries like the wholesalers
and retailers in order to motivate them to stock the manufacturer’s brand and resell it to the
consumers. TRUE FALSE TRUE
Sales Force Promotion Tools are useful in gathering business leads, motivating sales force to greater
effort and to aggressively push the product in the market to increase sales. TRUE FALSE
TRUE
Public relations involve a variety of programmes designed to promote or protect the company's image
or its individual products. TRUE FALSE TRUE
In direct marketing, companies sell their products directly to the consumers by eliminating
intermediaries from the channel of distribution. TRUE FALSE
TRUE
Logistics is an element of promotion mix. TRUE FALSE
FALSE
Marketing channels transfer the ownership of goods from the producers to the consumers. TRUE
FALSE TRUE
Inbound logistics involves movement of finished goods from the manufacturing unit to the final
consumers. TRUE FALSE FALSE
Marketing channels form a sub-variable of price mix. TRUE FALSE
FALSE
Inbound logistics focus on purchase and movement of materials, parts of finished products from
suppliers to manufacturing units. TRUE FALSE
TRUE
Place mix is also called marketing communication mix. TRUE FALSE
FALSE
The channel members undertake the risk in the marketing of goods and services. TRUE FALSE
TRUE
The extent of competition does not affect the promotion mix of an organization. TRUE FALSE
FALSE
Direct channels are more common in industrial products and high priced complex products like
computers. TRUE FALSE TRUE
Indirect marketing channel refers to distribution of goods with the help of intermediaries. TRUE
FALSE TRUE
Advertising is a personal tool of communication. TRUE FALSE
FALSE
In horizontal channel of distribution, two producers combine their resources to jointly sell their
products. TRUE FALSE TRUE
Patronage awards are given to those customers who often change brand loyalty. TRUE FALSE
FALSE
3PL refers to providing multiple logistics services to customers. TRUE FALSE
FALSE
Packaging is a part of Integrated marketing communication. TRUE FALSE
TRUE
Telemarketing is a form of direct marketing. TRUE FALSE
TRUE
Logistics relates to physical distribution of goods. TRUE FALSE
TRUE
The terms ‘multi-level’ marketing and ‘multichannel’ marketing are synonymous. TRUE
FALSE FALSE
Supply chain management is a component of promotion. TRUE FALSE
FALSE
Inventory management is a component of supply chain management. TRUE FALSE
TRUE
The terms ‘personal selling’ and ‘sales management’ are synonymous. TRUE FALSE
FALSE
Sales management is a science. TRUE FALSE TRUE
Communication skills are not required for effective selling. TRUE FALSE
TRUE
Chapter IV Key Marketing Dimension
_____ is an unethical practice in marketing
Targeting to children
product counterfeiting
Price war
All the above d All the above
Role of consumer organisation includes_____.
consumer awareness
organising protests
providing legal assistance
all the above d All the above
Market _____ has a dominant position in the market.
leader
challenger
follower
nicher a leader
_____ refers to online commerce transactions between businesses.
B2B
B2C
C2C
None of the above a B2B
_____ marketing refers to marketing of products that are environmentally safe.
Societal
Social
Traditional
Green d Green
SMS refer to _____.
short message service
short media service
short marketing service
none of the above a short message service
Ethical values in marketing includes _____.
honesty
fairness
transparency
all the above d all the above
_____tries to protect weak sides or fronts.
Position defense
Flank defense
Guerrilla attack
none of the above b Flank defense
_____ refers to attacking the competitor from all the fronts simultaneously.
Encirclement attack
Frontal attack
Guerrilla attack
All the above a Encirclement attack
_____ are small firms that target small market.
Leaders
Nichers
Followers
Challengers b Nichers
Mobile marketing includes _____.
MMS
APPs
SMS
All the above d All the above
In _____ marketing the marketer pays compensation to third party to generate traffic or leads to
company’s products.
Pay-per-click
Affiliate
content
artificial intelligence b Affiliate
Zoozoos are advertisement characters promoted by _____.
Airtel
Jio
Vodafone
Idea c Vodafone
Non conventional rural-centric media includes _____.
Folk
Newspapers
Television
Radio a Folk
Marketing ethics enable companies to market their products in a socially responsible manner.
TRUE FALSE a TRUE
Targeting to children is an ethical marketing practice. TRUE FALSE b
FALSE
Product counterfeiting is an unethical marketing practice. TRUE FALSE a
TRUE
Consumer organisations are profit making organisations. TRUE FALSE b
FALSE
Consumer organisations play an important role in creating consumer awareness. TRUE FALSE
a TRUE
Market challengers have the largest market share in the relevant product in the industry. TRUE
FALSE b FALSE
The terms ‘market challengers’ and ‘market followers’ are synonymous. TRUE FALSE
b FALSE
Niche marketers target big markets. TRUE FALSE b FALSE
Rural markets in India are highly scattered. TRUE FALSE a TRUE
The standard of living of rural areas is high. TRUE FALSE b FALSE
Advertisers make use of non-conventional media for promoting products in rural areas. TRUE
FALSE a TRUE
Social media marketing is a form of digital marketing. TRUE FALSE a
TRUE
Digital marketing do not require the use of Internet. TRUE FALSE b
FALSE
Internet marketing includes only B2C marketing. TRUE FALSE b
FALSE
Mobile marketing involves marketing on mobile device. TRUE FALSE a
TRUE
Mobile marketing makes use of only SMS to promote products. TRUE FALSE b
FALSE
Green marketing and societal marketing are synonymous. TRUE FALSE b
FALSE
Green marketing takes into account preservation and conservation of the natural environment.
TRUE FALSE a TRUE
Marketing managers face the problem of compressed product life cycle. TRUE FALSE
a TRUE
Communciation skills are required for effective marketing. TRUE FALSE a
TRUE
The___________ concept rest on four pillars : target market, customer needs, integrated
marketing and profitability.
a) Product
c) marketing
b) Production
d) Holistic
With the help of____________ marketers can analyze customer behavior.
a) Marketing Research
b) Production concept
c) Enterprise
d) None of these
____________- is one of the patterns of target market selection.
a) Full market coverage
b) Middle market coverage
c) Half market coverage
d) All of these
____________ is an element of the Marketing Mix.
a) Profit
b) Investment
c) Price
d) Plan
______________is the part of the product that carries information about the product and the
seller.
a) Channels
c) Label
b) Profit
d) Decision
____________ when registered becomes a trademark.
a) Brand
c) Patent
b) Product
d) Copyright
In___________ distribution system, two or more firms at the same level come together
for marketing purpose.
a) Horizontal
c) Multi-Level
b) Multi-Channel
d) None of these
__________ indudes tools like discounts, coupons, free samples etc. used to stimulate
a) public Relations
b) Supply
c) Sales Promotion
d) Publicity
__________ is one of important steps in personal selling.
Blurring
Reporting
Prospecting
Mentoring
10. Ethics is a branch of__________ which is concerned with human conduct.
b) Psychology
d) Sociology
Physiology
Philosophy
11.____________ marketing makes use of electronic devices such as computer.
a) Digital
Rural
b) Green
d) Traditional
c)
12._____________ is/are main factors contributing to the success of brands in India.
a) Unique Selling Proposition
c) Consistency
b) Innovation
d) All of these