. . . . . . . . is a system of branch shops operated under a centralized management and dealing in similar lines of goods.
A. Super market
B. Multiple shops
C. Self-service store
D. None of these
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Marketing is a . . . . . . . . process:
A. goal oriented
B. exchange
C. social
D. All of these
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A seller charges a relatively low price on a new product in order to obtain economies of scale and rapid creation of Mass Market. This is an example of which kind of pricing strategy?
A. Cost plus
B. Mark-up
C. Penetration
D. Skimming
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The concept of Marketing mix consisting of 4 P's of marketing was given by
A. Peter F. Drucker
B. Philip Kotler
C. E. Gerome McCarthy
D. None of these
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The description of a product's quality, features, style, brand name and packaging identifies the
A. Actual product
B. Augmented product
C. Core product
D. Tangible product
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Making connections between two or more ideas or simply observing the outcomes of others behaviours and adjusting one's own behaviour accordingly is what type of leaming?
A. Behavioural learning
B. Lognitive learning
C. Brand loyalty
D. None of the above
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What is relevant to place variable of marketing mix?
A. Branding
B. Price penetration
C. Sales personnel motivation
D. None of the above
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Medical treatment with ayurvedic massage is an example of:
A. pure tangible good
B. hybrid
C. pure service
D. None of these
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Mattel's Barbie is an example of an age-defying product. Barbie, simultaneously timeless and trendy, is in the . . . . . . . . stage of the PLC.
A. Growth
B. Introduction
C. Maturity
D. Decline
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PoolPak produces climate-control systems for large swimming pools. The company's customers are more concerned about service support for maintaining a system than its initial price. PoolPak may use this knowledge to become more competitive through . . . . . . . .
A. Value pricing
B. Target costing
C. Cost-plus pricing
D. Skimming pricing
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Which of the following is the provision of service to customers before, during, and after purchase?
A. Customer Service
B. Product management
C. Purchase management
D. None of the above
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The major purpose of test marketing is to provide management with the information needed to make a final decision about . . . . . . . .
A. whether to launch the new product
B. which market to compete in
C. how to develop a market strategy
D. how long to compete in the market
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Which of the following is not a component of brand equity?
A. Brand awareness
B. Brand association
C. Brand loyality
D. Brand cohorts
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Which of the following is not responsible for the emergence of relationship marketing?
A. Growth of service economy
B. Rapid technological advancement
C. An increase in the level of customer awareness and education
D. Changing role of woman
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An appropriate pricing strategy for a new product to be introduced in the market will be
A. Average or marginal cost-plus pricing
B. Skimming or penetrating pricing
C. Product-line pricing
D. Differential pricing
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Behaviour exhibited while purchasing a car is an example of . . . . . . . .
A. Dissonance Reduction Buying Behaviour
B. Variety Seeking Buying Behaviour
C. Complex Buying Behaviour
D. Habitual Buying Behaviour
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The most important advertising medium today, at least in total advertising monetary terms is
A. newspapers
B. magazines
C. television
D. direct mail
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Which of the following will not lead to change in the marketing mix of a product?
A. Change in corporate/competitive strategy of the firm
B. Change in the organisation or resource level of the firm
C. Rigidness in the product lines of the firm
D. All of the above
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. . . . . . . . places the customer at the beginning as well as at the end of the business cycle.
A. Functional integration
B. Customer orientation
C. Marketing myopia
D. None of these
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Market expansion takes place by which of the following methods?
A. More effective use of distribution
B. More effective use of promotion
C. More active cutting of prices
D. All of the above
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