The marketing plan provides both
A. The vision and the cost
B. The vision and the direction
C. The vision and control
D. The vision and the post
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In which of the following, there is direct exchange of goods without involvement of any money or third party?
A. Buyback arrangement
B. Compensation deals
C. Offset
D. Barter
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Advertising does appear to be important in
A. Brand image
B. Highlighting Specific Features
C. Information
D. All of the above
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Uploading one's picture on social media with sneakers is an example of . . . . . . . .
A. COBRA
B. e-WOM
C. marketing
D. selling
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The following statements are related to marketing channels. Which of the following is correct?
1. They facilitate physical movement of goods from manufacturer to customer
2. There is no intermediary in first level channel.
3. Producer is not a part of zero level channel.
4. There are several levels in a marketing channel.
A. Both 1 and 4 are correct
B. Both 2 and 4 are correct
C. Both 3 and 4 are correct
D. Both 2 and 3 are correct
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From the given columns, which of the combinations best describe the concepts of product hierarchy?
List-I
List-II
a. Need family
1. The core need that underlines the existence of a product family
b. Product family
2. Group of items within a product line that share one of several possible forms of the product
c. Product class
3. Group of products within the product family recognised as having a certain functional coherence
d. Product line
4. All the product classes that can satisfy a core need with reasonable effectiveness
A. Only A-1, B-4 and C-3 are correct
B. Only A-1, B-3 and C-4 are correct
C. Only B-4, C-3 and D-2 are correct
D. A-1, B-3, C-2 and C-4 are correct
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Use of mail, telephone and other non-personal contact tools to communicate with or solicit a response from, specific customers and prospects is called
A. advertising
B. direct marketing
C. sales promotion
D. public relations
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Assertion (A): Selling is important not merely for increasing the profits of businessmen, but also for making goods and services available to the consumers in society.
Reason (R): It is the process whereby goods and services finally flow to the consumers who need them and the firm performs its functions of distributing its products among consumers.
A. Assertion (A) and Reason (R) both are true
B. Assertion (A) is true but Reason (R) is not true
C. Assertion (A) is not true but Reason (R) is true
D. Assertion (A) and Reason (R) are true and Reason (R) is the reason of Assertion (A)
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Which of the following are included in plastic money?
A. NEFT and UPI
B. Credit cards and UPI
C. Debit cards and UPI
D. Debit and Credit cards
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The factors that guide a marketer's decision in selecting a promotion mix which are
A. Buyer readiness stage
B. Overall marketing strategy
C. Nature or the Product Market
D. All of the above
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The systematic and objective search for analysis of information relevant to the identification of any problem in the field of marketing, is called
A. Marketing Research
B. Marketing Project
C. Marketing Plan
D. Marketing Cost
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Which of the following aim to convince the consumers that they made a right choice by purchasing the offering?
A. Informative advertising
B. Persuasive advertising
C. Reminder advertising
D. Reinforcement advertising
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Which of the following is incorrect about licensing?
A. Another organisation can use trademark or copyright of the parent firm for a given time period
B. Financial risk is on the licensee
C. High investment from the parent firm
D. There are chances that there may be decline in the quality of the product or the offering
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Mohan Sawhney has proposed the concept of . . . . . . . . to describe a cluster of complementary products and services that are closely related in the minds of consumers but are spread across a diverse set of industries.
A. metamarket
B. vertical integration
C. horizontal integration
D. betamarket
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Search Engine Marketing (SEM) seeks to promote website visibility in SERPs. What does 'R' stand for?
A. Result
B. Rare
C. Ratio
D. Reliable
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Gravestones are which type of the products?
A. Sought goods
B. Unsought goods
C. Shopping goods
D. Convenience
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Which of the following is incorrect about fads?
A. It can last for generations
B. These are fashions that come quickly in public view
C. These are adopted with great zeal, peak early
D. They decline very fast
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Which of the following statement is true ?
A. Product line a group of products that are closely related either because they satisfy a class of need, are used together are sold to the same customer groups, are marketed through the same types of outlets or fall within given price ranges
B. Test marketing is the stage where the entire product and marketing programming is tried out for the first time in a small number of well chosen and authentic sales environments
C. Product mix the composite of product offered for sale by a, firm or a business unit
D. All of the above
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Which of the following statement is true?
1. Retail organisations such as Walmart, EasyDay, Big Bazaar have limited themselves to Tier I cities.
2. Hypermarkets and shopping malls have gained importance in the last few years.
3. Retailers are using whatsapp, social media, text messaging as a way to inform the customers about daily offers.
A. Both 1 and 3
B. Both 2 and 3
C. Both 1 and 2
D. All of the above
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Which of the following is not included in 4Cs of marketing?
A. Customer
B. Cost
C. Convenience
D. Customisation
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