"A marketing policy is a statement of a course of action which will be followed under a given set of circumstances." Who said it?
A. William J. Stanton
B. Mc Carthy
C. Manson and Rath
D. None of these
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Which of the following is the last stage of the new product development?
A. Commercialisation
B. Idea screening
C. Business analysis
D. Concept development
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Match the items of
List I with the items of
List II and choose the correct answer:
List-I (Market Segmentation Method)
List-II (Sample Segment)
a. Demographic
1. Self-values
b. Psychographic
2. Convenience
c. Benefits
3. Gender
d. Behavioural
4. Lovalty
A. a-3, b-1, c-2, d-4
B. a-3, b-4, c-2, d-1
C. a-2, b-4, c-3, d-1
D. a-3, b-2, c-1, d-4
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In response to threats from such companies as AOL, Amazon, Yahoo, eBay, E'TRADE, and dozens of others, established manufacturers and retailers became "brick-and-click" oriented by adding online services to their existing offerings. This process became known as . . . . . . . .
A. reintermediation
B. disintermediation
C. e-commerce
D. e-collaboration
Select an option to see the answer and solution.
The process of improving the visibility of a website or web-page in search engine via unpaid search results is known as which of the following?
A. Display advertising
B. SEM
C. SEO
D. Affiliate marketing
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In which of the following, two companies to come together for a designated period of time, while retaining their individual identities?
A. Acquisition
B. Merger
C. Strategic alliance
D. Joint venture
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Which of the following statement is true?
1. Greenfield venturing is the establishment of a new wholly own subsidiary in a foreign country by constructing its facilities on an existing platform.
2. Joint venture is created for the purpose of a specific project or other business activity.
3. In strategic alliance, individual identities of the companies are retained.
A. Both 1 and 3
B. Both 2 and 3
C. Only 2
D. Only 3
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Each service is unique in itself and cannot be repeated even if it is from the same vendor and this is why the services are . . . . . . . .
A. inseparable
B. intangible
C. heterogeneous
D. perishable
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Match the following
List-I (Marketing Sub-plans)
List-II (Factors)
a. Base Line Research
1. Market Segmentation
b. Technical Plan
2. Branding
c. Organizational Plan
3. Distribution
d. Contingency Plan
4. Market Expansion
A. a-2, b-3, c-4, d-1
B. a-1, b-2, c-3, d-4
C. a-1, b-3, c-2, d-4
D. a-1, b-2, c-4, d-3
Select an option to see the answer and solution.
Which one of the following types of retailers is 'D Mart'?
A. Discount store
B. Supermarket
C. Convenience store
D. Catalogue store
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The most significant advantage in the use of newspaper as an advertising medium is
A. audience selectivity
B. flexibility
C. high attention
D. national market coverage
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Which of the following is not an M of marketing?
A. Mission
B. Masses
C. Money
D. Message
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Customers buy from stores and firms that offer the highest . . . . . . . .
A. level of customer satisfaction
B. company image
C. value for the dollar
D. customer perceived value
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Which of the following is not an element of a viral marketing strategy?
A. Difficulty in transfer from one person to other
B. Exploit common motivation and behaviour
C. Scales easily from small to very large
D. Utilises existing communication network
Select an option to see the answer and solution.
Match the following:
List-I (Marketing Sub-plans)
List-II (Variables)
a. Baseline Research
1. Regulation
b. Technical Plan
2. Customer Service
c. Organisational Plan
3. Packaging
d. Contingency Plan
4. Risk Management
A. a-1, b-2, c-3, d-4
B. a-2, b-3, c-1, d-4
C. a-1, b-3, c-2, d-4
D. a-4, b-2, c-3, d-1
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Companies making the same product or class of products have . . . . . . . . competition.
A. generic
B. form
C. industry
D. brand
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Which of the following is correct about product positioning?
A. It is the process by which marketers try to create an image of the product in the mind of its prospective customer
B. It helps to create an identity of the product
C. It helps to create value proposition in the mind of customer
D. It is the process of addition of meaningful values and differences
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Which one of the following is a false statement?
A. The most attractive market segment is one in which entry barriers are low and exit barriers are high
B. A market segment is unattractive when there are actual or potential substitutes for the product
C. A market segment is unattractive if buyers possess strong or growing bargaining power
D. A segment is unattractive if the company's suppliers are concentrated or organised
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In which one of the following product life cycle stages a firm improves product quality and adds new features and improved styling?
A. Introduction stage
B. Growth stage
C. Maturity stage
D. Decline stage
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Howmany stages are there in Product Life Cycle (PLC)?
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