Marketers have traditionally classified products on the basis of three characteristics . . . . . . . ., tangibility and use.
A. availability
B. affordability
C. durability
D. necessity
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The life cycle concept places particular emphasis on risks. For management in any firm, of failing to cultivate invention and innovation this statement refers to
A. Product Cost Plan
B. Market Segmentation
C. Product Life Cycle
D. Product Price Policy
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Which is the task of advertising?
A. Providing information about the product
B. Image building
C. Behaviour reinforcement
D. All of the above
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Pepsico used . . . . . . . . to enter the Indian market in the early 1980s.
A. mega marketing
B. meta marketing
C. micro marketing
D. multistage marketing
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Select the correct answer of the Assertion (A) and Reason (R) .
Assertion (A) Companies should measure the profitability of their products,. territories, customer groups, segments, trade channels and order sizes.
Reason (R) Measure of profitability helps companies determine whether to expand, reduce or eliminate any product or marketing activities to ensure profitability control.
A. Both (A) and (R) are correct and (R) is the right explanation of (A)
B. Both (A) and (R) are correct, but (R) is not the right explanation of (A)
C. (A) is correct, but (R) is incorrect
D. (R) is correct, but (A) is incorrect
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Which of the following is not included in 4Ps of marketing for goods?
A. Product
B. Place
C. Price
D. Physical Evidence
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Which of the following includes retailer cooperatives and franchises?
A. Administered VMS
B. Corporate VMS
C. Contractual VMS
D. Cooperative VMS
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Which of the following is not a characteristic of service?
A. Heterogeneity
B. Tangible
C. Perishability
D. Non-transferable
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Which one of the following components is not the part of broad marketing environment?
A. Technological environment
B. Task environment
C. Demographic environment
D. Natural environment
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The concept of on-line marketing is different from the concept of
A. e-commerce
B. e-Accounting
C. Commerce
D. All of these
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Marketing Planning consists
A. Determination of Policies
B. Marketing Programmes
C. Setting Objectives
D. All of the above
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In which of the following stages of the product development discounts and freebies are given?
A. Introduction
B. Growth
C. Maturity
D. Decline
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Which of the following is not among the 7Ps of marketing for services?
A. Price
B. Physical evidence
C. Process
D. Privacy
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Which of the following involves creating and freely sharing informative content as a means of converting prospects into customers?
A. Inbound marketing
B. Social Media marketing
C. Email marketing
D. Display advertising
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When an airline goes after a "share of travel" from its customers, it is attempting to increase . . . . . . . .
A. customer lifetime value
B. customer loyalty
C. customer ownership
D. share of customer
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The step after 'concept testing' in the new product development process is
A. business analysis
B. marketing strategy development
C. product development
D. test marketing
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Which of the following is not a durable good?
A. Refrigerator
B. Car
C. Washing Machine
D. Soap
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Which of the following is a technique of social media marketing to promote a product?
A. e-COM
B. e-POM
C. e-WOM
D. e-TOM
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The marketing concern generally taps three sources for financing its activities there are
A. Owned Capital
B. Trade Credit
C. Bank Credit
D. All of these
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In . . . . . . . ., the customer is given a glimpse of services being offered to him.
A. customer referrals
B. education
C. social media
D. demonstrations
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