Select The Blank
Question ________ is an important tool for planning and controlling
the firm'a activities
Correct Answer Sales Forecast
Your Answer Sales Forecast
Multiple Choice Single Answer
Question These items are directly bought by industrial buyers from
producers rather than the middlemen
Correct Answer Expensive
Your Answer Non durables
Multiple Choice Single Answer
Question The greatest amount of satisfaction comes from which utility
Correct Answer Possession
Your Answer Possession
True/False
Question The key to successful new product introduction lies in a
systems approach.
Correct Answer True
Your Answer True
Match The Following
Question Correct Answer Your Answer
Ballast business	Fit well but low opportunities	Some fit and some
misfit
Gap analysis	Difference between desired and projected performance
Difference between desired and projected performance
Corporate parenting	Managing SBU's by a corporate	Managing SBU's by a
corporate
Heartland business	Give the highest priority	Fit well but low
opportunities
 
 
 Multiple Choice Multiple Answer
  Question  	Aspects of political environment are :
  Correct Answer  	Form of government adopted , Media and pressure
groups , Government stability 
  Your Answer  	Form of government adopted , Media and pressure groups ,
Government stability 
 
 
 Multiple Choice Single Answer
  Question  	It limits the alternatives that a decision maker takes in a
given situation
  Correct Answer  	Policy
  Your Answer  	Policy
 
 
 Select The Blank
  Question  	________ concept increases the efficiency of economic system
  Correct Answer  	Marketing
  Your Answer  	Marketing
 
 
 Match The Following
Question	Correct Answer	Your Answer
Biogenetic needs Hunger, Thirst Hunger, Thirst
Actual self concept	How person views himself	How person views
himself
Others self concept	How the person thinks others see him	How the
person thinks others see him
Personality Deference, Autonomy Esteem, Recognition
 
 
 True/False
  Question  	Demand is highly elastic for industrial goods
  Correct Answer  	False
  Your Answer  	False
 
 
 Multiple Choice Multiple Answer
  Question  	What is Statistical Quality Control(SQC)
  Correct Answer  	Identifies quality and productivity from a
production process , Identifies impact of any change on performance ,
Instantly spots malfunctions and show where they occur 
  Your Answer  	Identifies quality and productivity from a production
process , Integrates manufacturing with business strategy 
 
 
 Multiple Choice Single Answer
  Question  	Production creates which type of utility
  Correct Answer  	Form
  Your Answer  	Time
 
 
 Multiple Choice Single Answer
  Question  	Who provides time and place utility?
  Correct Answer  	Intermediary
  Your Answer  	Supplier
 
 
 Multiple Choice Single Answer
  Question  	Marketer tries to seek what kind of response from the other
party?
  Correct Answer  	Behavioural
  Your Answer  	Behavioural
 
 
 True/False
  Question  	Systems are formal and informal rules and regulations that
complements the company structure
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Multiple Answer
  Question  	What is Marginal cost?
  Correct Answer  	The additional cost of each unit of product , It
ignores non price competition , Marginal revenue is less than average
revenue 
  Your Answer  	The additional cost of each unit of product , Marginal
revenue is less than average revenue , It is useful for new products 
 
 
 True/False
  Question  	In negotiated contracts, the bid selected by buyer is not
necessarily the lowest
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Single Answer
  Question  	In which phase of production era, the producer and consumer
are the same ?
  Correct Answer  	Subsistence
  Your Answer  	Subsistence
 
 
 Multiple Choice Single Answer
  Question  	Consumerism emerged in which era of Marketing?
  Correct Answer  	Sales
  Your Answer  	Marketing
 
 
 True/False
  Question  	Companies apply a variety of price adjustment strategies to
account for differences in customer segments and situations.
  Correct Answer  	True
  Your Answer  	True
 
 
 Select The Blank
  Question  	________ of physical distribution activities increases it's
productivity as well as of manufacturer.
  Correct Answer  	Automation
  Your Answer  	Automation
 
 
 Select The Blank
  Question  	Competition tends to focus on ________ as a product moves
through its life cycle.
  Correct Answer  	Price
  Your Answer  	Sales volume
 
 
 Multiple Choice Single Answer
  Question  	Marketing arises from ?
  Correct Answer  	Exchange
  Your Answer  	Self production
 
 
 True/False
  Question  	After sales service is provided in a customer orirnted firm
  Correct Answer  	True
  Your Answer  	True
 
 
 Select The Blank
  Question  	________ distribution is used when a small percentage of
customers account for a large part of sale.
  Correct Answer  	Selective
  Your Answer  	Exclusive
 
 
 True/False
  Question  	Changes in company structure also necessitates changes in
the systems in various degrees
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Multiple Answer
  Question  	A transaction takes place when
  Correct Answer  	There is time and place of agreement , Two things of
value , Agreed upon conditions 
  Your Answer  	There is time and place of agreement , Two things of value ,
Agreed upon conditions 
 
 
 True/False
  Question  	Consumer behaviour is more challenging across international
border.
  Correct Answer  	True
  Your Answer  	False
 
 
 Multiple Choice Multiple Answer
  Question  	Types of product classification
  Correct Answer  	Consumables , Durables , Services 
  Your Answer  	Consumables , Durables , Services 
 
 
 True/False
  Question  	Services can be stored in inventory.
  Correct Answer  	False
  Your Answer  	False
 
 
 Select The Blank
  Question  	A change in quantity demanded of a product is caused by a
change in its ________.
  Correct Answer  	Price
  Your Answer  	Demand
 
 
 Multiple Choice Single Answer
  Question  	This distribution is necessary for most convenience goods.
  Correct Answer  	Intensive
  Your Answer  	Integral
 
 
 True/False
  Question  	Change in company structure from divisional to matrix also
mean changes in the systems in various degrees
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Multiple Answer
  Question  	Total cost concept includes
  Correct Answer  	Damaged goods , Inventory obsolescence ,
Transportation 
  Your Answer  	Damaged goods , Customer satisfaction , Transportation 
 
 
 Multiple Choice Multiple Answer
  Question  	Money is invested by way of
  Correct Answer  	Debt , Equity 
  Your Answer  	Debt , Equity , Return 
 
 
 Multiple Choice Single Answer
  Question  	It is the most influential primary reference group shaping a
buyer's behaviour
  Correct Answer  	Family
  Your Answer  	Family
 
 
 Select The Blank
  Question  	________ directs the flow of goods and services from the
producer to the ultimate consumer
  Correct Answer  	Marketing
  Your Answer  	Marketing
 
 
 Multiple Choice Single Answer
  Question  	These are moves that will pay off irrespective of what
happens in the future
  Correct Answer  	No-regret moves
  Your Answer  	No-regret moves
 
 
 Select The Blank
  Question  	________ allowance is used to communicate about the values
of the product and special event
  Correct Answer  	Promotion
  Your Answer  	Promotion
 
 
 Multiple Choice Multiple Answer
  Question  	How does 'structure' reduce external uncertainity arising
out of human behaviour
  Correct Answer  	Research and planning , Forecasting 
  Your Answer  	Forecasting , Division of labour , Departmentalisation 
 
 
 Select The Blank
  Question  	Major reason for success for new product is ________
product.
  Correct Answer  	Superior
  Your Answer  	Correctly positioned
 
 
 Multiple Choice Single Answer
  Question  	Higher the perceived quality of the product, higher will be
the perceived price. Such products are called:
  Correct Answer  	Prestige
  Your Answer  	Prestige
 
 
 Multiple Choice Single Answer
  Question  	The most common criteria for classifying products is based
on
  Correct Answer  	Buyer behaviour
  Your Answer  	Target market
 
 
 Multiple Choice Multiple Answer
  Question  	Drawbacks of Survey of Buyer's intention method are
  Correct Answer  	Exposure , Not accurate , Time consuming 
  Your Answer  	Exposure , Not accurate , Time consuming 
 
 
 Multiple Choice Single Answer
  Question  	This method is more accurate for short term forecasts
  Correct Answer  	Simple Trend Analysis
  Your Answer  	Simple Trend Analysis
 
 
 Multiple Choice Single Answer
  Question  	A diet conscious person after playing football is thirsty.
He opts for :-
  Correct Answer  	Diet coke
  Your Answer  	Diet coke
 
 
 Multiple Choice Multiple Answer
  Question  	Marketing channels for consumer products is longer because
  Correct Answer  	Number of consumers are more , Consumers buy smaller
quantities , Buying patterns of consumers is easy to detect. 
  Your Answer  	Number of consumers are more , Consumers buy smaller
quantities
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