Which one of the following is the demand state where 'Consumers dislike the product and may even pay to avoid it'?
A. Unwholesome demand
B. Declining demand
C. Negative demand
D. Latent demand
Select an option to see the answer and solution.
Which of the following is the basic human requirements?
A. Need
B. Want
C. Desire
D. Urge
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Which of the following is incorrect about market growth stage?
A. Prices may remain stable or fall depending upon the demand of the product
B. The firm may add new features to the product and enter into new market segments
C. Profit margins touch a low level
D. It is a period of quick and wide customer acceptance
Select an option to see the answer and solution.
In the case of excess demand, . . . . . . . . may be required to reduce the number of customers or to shift demand temporarily or permanently
A. surplusing
B. negotiating
C. demarketing
D. value marketing
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Consider the following statements.
1. The ultimate level of market segmentation leads to one-to-one marketing.
2. Any attempt to target marketing to children or minorities is discriminatory and unethical.
3. The internet as a medium of adverting has high selectivity and cost.
4. A 'Push' strategy is better suited for directing the marketing effort towards final consumers.
Indicate the correct answer.
A. Statements 1 and 4 are true and others are not
B. Statements 1 and 2 are true and others are not
C. Statement 1 is true and others are not
D. All statements are false
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Statement I A low market penetration index indicates substantial growth potential for all the firms.
Statement II Generally, price competition increases and margins fall when the market penetration index is already high.
A. Both statements are correct
B. Both statements are incorrect
C. Statement I is correct while Statement II is incorrect
D. Statement I is incorrect while Statement II is correct
Select an option to see the answer and solution.
Which one of the following is not a factor that reduces price sensitivity of a product?
A. The product is more distinctive
B. Buyers are fully aware of substitutes
C. Buyers cannot store the product
D. The product is assumed to have more quality, prestige or exclusiveness
Select an option to see the answer and solution.
Which is the key feature/features of market as per Baker?
A. Full use of all the company's resources
B. A long run perspective
C. Start with the customer
D. All of the above
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Which of the following is a form of online word-of-mouth that encourages consumers to pass along company developed products and services or any other information online?
A. Viral marketing
B. Microsites
C. Interstitials
D. Contextual placements
Select an option to see the answer and solution.
Marketing Environment Systems covers
A. Marketing Information System
B. Monitoring and Control System
C. Marketing Planning System
D. All of the above
Select an option to see the answer and solution.
Functions of marketing management consists
A. Determination the marketing objects
B. Marketing planning
C. Marketing organisation
D. All of the above
Select an option to see the answer and solution.
Many brick-and-click competitors became stronger contenders in the marketplace than the pure-click firms because they had a larger pool of resources to work with and . . . . . . . .
A. better prices
B. greater value
C. well-established brand names
D. one-on-one communications
Select an option to see the answer and solution.
In which of the following, the organisation establishes a new wholly own subsidiary in a foreign country?
A. Acquisition
B. Merger
C. Strategic alliance
D. Greenfield venturing
Select an option to see the answer and solution.
In the course of converting to a marketing orientation, a company faces three hurdles . . . . . . . .
A. organized resistance, slow learning and fast forgetting
B. management, customer reaction, competitive response
C. decreased profits, increased R & D, additional distribution
D. forecasted demand, increased sales expense, increased inventory costs
Select an option to see the answer and solution.
The total number of product lines offered by the company is known as
A. product width
B. product length
C. product depth
D. product consistency
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Which of the following is incorrect about production concept?
A. The focus of this concept is on the quality of the product
B. Good quality and innovative products are preferred by the consumers
C. The organisations following this concept focus on building innovative and superior products
D. Consumers prefer the products that are widely available and inexpensive
Select an option to see the answer and solution.
Which is the problem of marketing communication?
A. Distance
B. Hidden sources and data
C. Lack of trust
D. All of the above
Select an option to see the answer and solution.
Match the following.
List-I (Authors)
List-II (Ideas)
a. Bill Bishop
1. Managing is the Market space
b. D. Bird
2. Commonsense Direct Marketing
c. Daniel S. Jonal
3. Strategic Marketing for the Digital Age
d. Jeffery F. Rayport
4. On-line Marketing
A. a-1, b-2, c-3, d-4
B. a-5, b-1, c-4, d-3
C. a-3, b-1, c-2, d-4
D. a-3, b-2, c-4, d-1
Select an option to see the answer and solution.
Telemarketing and internet selling are examples of . . . . . . . .
A. three level channel
B. two level channel
C. first level channel
D. zero level channel
Select an option to see the answer and solution.
Match the following.
List-I (Thinkers)
List-II (Books)
a. Kaldor A. G.
1. Imbricative Marketing
b. Mc Kitterick J.B.
2. What is the Marketing Management Concept
c. Levitt T.
3. Innovation in Marketing
d. Lazo H. and Corbin A.
4. Management in Marketing
A. a-1, b-3, c-4, d-2
B. a-1, b-2, c-3, d-4
C. a-3, b-1, c-2, d-4
D. a-2, b-3, c-1, d-4
Select an option to see the answer and solution.