Match The Following
Question Correct Answer Your Answer
Deep Assortment	Carrying a product family in depth, drawing on many
producer's output	Carrying the line of only one manufacturer
Exclusive Assortment	Carrying the line of only one manufacturer
Carrying several product lines that fall within the resellers type of
business
Open bid	Contract awarded to lowest bidder	Direct negotiation
with one or more companies covering project and terms
Negotiated Contract	Direct negotiation with one or more companies
covering project and terms	Contract awarded to lowest bidder
 
 
 Multiple Choice Multiple Answer
  Question  	Types of Organisational Market
  Correct Answer  	Reseller market , Industrial market , Government
market 
  Your Answer  	Industrial market , Consumer market 
 
 
 True/False
  Question  	The super structure indicates ways in which company's tasks
are integrated or coordinated
  Correct Answer  	True
  Your Answer  	True
 
 
 True/False
  Question  	A channel's length is also called as horizontal dimension.
  Correct Answer  	False
  Your Answer  	False
 
 
 Multiple Choice Single Answer
  Question  	An example of Want is :
  Correct Answer  	Continental food
  Your Answer  	Continental food
 
 
 True/False
  Question  	Product, place and promotion elements in the marketing mix
are viewed as cost factors.
  Correct Answer  	True
  Your Answer  	False
 
 
 Select The Blank
  Question  	The demand for a product is ________ when price cut causes
revenue to increase.
  Correct Answer  	Price elastic
  Your Answer  	Price elastic
 
 
 Select The Blank
  Question  	________ eliminates the risk of losing customer's goodwill
  Correct Answer  	One price policy
  Your Answer  	One price policy
 
 
 Select The Blank
  Question  	There are more number of substitutes for ________ products.
  Correct Answer  	Multi use
  Your Answer  	Multi use
 
 
 True/False
  Question  	Storage helps firms balance supply and demand.
  Correct Answer  	True
  Your Answer  	True
 
 
 Select The Blank
  Question  	________ are difficult to change
  Correct Answer  	Attitudes
  Your Answer  	Habits
 
 
 Select The Blank
  Question  	Market ________ is more prevalent than Mass marketing
  Correct Answer  	Segmentation
  Your Answer  	Segmentation
 
 
 Multiple Choice Single Answer
  Question  	The price of a product is determined by estimating the cost
of producing and marketing and then add a percentage of profits. This
orientation is called:
  Correct Answer  	Cost
  Your Answer  	Demand
 
 
 Multiple Choice Single Answer
  Question  	What is product concept?
  Correct Answer  	Detailed version of idea stated in consumer terms
  Your Answer  	Consumer's perception of an actual product
 
 
 Match The Following
Question	Correct Answer	Your Answer
This refers to the number of product items within each product line.
Product depth	Product height
This includes all product item's a company offers.	Product mix
Product mix
This is a group of products that are related.	Product line.	Product
line.
This is the total number of product lines.	Product breadth	Product
breadth
 
 
 Multiple Choice Multiple Answer
  Question  	Planning of long term strategies are based on following
factors:
  Correct Answer  	Opportunity , Objectives, Strategies, Situation
assessment, Organisation mission , Resources 
  Your Answer  	Strengths , Objectives, Strategies, Situation assessment,
Organisation mission , Resources 
 
 
 Multiple Choice Multiple Answer
  Question  	Types of psychological pricing are
  Correct Answer  	Prestige , Leader 
  Your Answer  	Odd , Leader , Prestige 
 
 
 Multiple Choice Single Answer
  Question  	Marketer tries to seek what kind of response from the other
party?
  Correct Answer  	Behavioural
  Your Answer  	Transaction
 
 
 True/False
  Question  	Warehouses are needed when supply sources and markets are
located close by.
  Correct Answer  	False
  Your Answer  	False
 
 
 Select The Blank
  Question  	The onus of advertising, pricing and sales promotion
policies is put on ________ distribution.
  Correct Answer  	Exclusive
  Your Answer  	Integral
 
 
 True/False
  Question  	Marketer discourages his brand users for brand switching.
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Single Answer
  Question  	Marketing arises from ?
  Correct Answer  	Exchange
  Your Answer  	Exchange
 
 
 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 
 
 
 Select The Blank
  Question  	An organisational assessment uncovers________
  Correct Answer  	Weaknesses
  Your Answer  	Weaknesses
 
 
 Multiple Choice Multiple Answer
  Question  	Shorter distribution channel results in
  Correct Answer  	Reduced costs , Limited market coverage 
  Your Answer  	Reduced costs , High market coverage 
 
 
 Multiple Choice Single Answer
  Question  	The output of Stimulus Response Model is
  Correct Answer  	Product decision
  Your Answer  	Product
 
 
 Select The Blank
  Question  	________ exists when a few large independent firm accounts
for bulk of an industry's sales.
  Correct Answer  	Oligopoly
  Your Answer  	Oligopoly
 
 
 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 Single Answer
  Question  	It concentrates on organisation design and work flow
  Correct Answer  	Flotilla
  Your Answer  	Systems approach
 
 
 Multiple Choice Single Answer
  Question  	The input to 'Stimulus Response Model' is
  Correct Answer  	Stimuli
  Your Answer  	Stimuli
 
 
 Multiple Choice Multiple Answer
  Question  	Characteristics of Effective segmentation
  Correct Answer  	Actionable , Measurable , Accessible 
  Your Answer  	Actionable , Measurable , Accessible 
 
 
 Multiple Choice Multiple Answer
  Question  	Types of strategic business units are :
  Correct Answer  	Stars , Cash cows , Question marks 
  Your Answer  	Stars , Cash cows , Question marks 
 
 
 Multiple Choice Single Answer
  Question  	Pricing that enables sales people to tailor their prices to
a prospect's situation is called
  Correct Answer  	Price shading
  Your Answer  	Variable pricing
 
 
 Multiple Choice Single Answer
  Question  	This pricing objective involves setting a low price to
discourage entry of new firms.
  Correct Answer  	Stay out
  Your Answer  	Elimination
 
 
 Multiple Choice Single Answer
  Question  	This distribution is necessary for most shopping and
speciality goods.
  Correct Answer  	Selective
  Your Answer  	Selective
 
 
 True/False
  Question  	The cultural environment shows long term trends towards a
hedonistic society.
  Correct Answer  	True
  Your Answer  	True
 
 
 Multiple Choice Single Answer
  Question  	This portfolio involves major capital investments which will
result in either large pay offs or large losses
  Correct Answer  	Big bets
  Your Answer  	No-regret moves
 
 
 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 , Identifies impact of any change on performance , Integrates
manufacturing with business strategy 
 
 
 Select The Blank
  Question  	Optimum marketing mix is obtained using analysis, ________,
implementation and control.
  Correct Answer  	Planning
  Your Answer  	Feedback
 
 
 Multiple Choice Multiple Answer
  Question  	What are the stages in new product development ?
  Correct Answer  	Idea screening , Market testing , Commercialisation 
  Your Answer  	Idea screening , Market testing , Commercialisation 
 
 
 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  	Big bets
 
 
 Multiple Choice Single Answer
  Question  	A centralised inventory means
  Correct Answer  	Fast delivery to customers
  Your Answer  	Building and stocking one warehouse
 
 
 Select The Blank
  Question  	________ of physical distribution activities increases it's
productivity as well as of manufacturer.
  Correct Answer  	Automation
  Your Answer  	Maximisation
 
 
 True/False
  Question  	Shorter production runs are required to produce large number
of products in multi-segment strategy
  Correct Answer  	True
  Your Answer  	False
No comments:
Post a Comment