Which of the following is the total financial value of the brand?
A. Brand positioning
B. Brand asset
C. Brand equity
D. Brand valuation
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The latest time at which activities terminating at an event can be completed and still permit the entire project to be finished on schedule is
A. earliest allowable time
B. latest allowable time
C. earliest pass
D. latest pass
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Match the following
List-I (Quality Characteristics)
List-II (Example)
a. Technical
1. Durability
b. Psychological
2. Integrity
c. Time based product
3. Length
d. Ethical
4. Taste
A. a-1, b-4, c-3, d-2
B. a-3, b-4, c-1, d-2
C. a-1, b-2, c-3, d-4
D. a-1, b-2, c-4, d-3
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Which of the following statement(s) is/are correct?
1. The company's name legitimises the product and individual name individualises the product.
2. The brand capitalises its name and brand image to sell all its products.
3. The organisation need to take the decision of launching the product as a manufacturer brand, a distributor brand or a licensed brand.
A. Both 1 and 3
B. Both 1 and 2
C. Both 2 and 3
D. All of the above
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Which of the following is/are function of Production Planning and Control?
A. Materials
B. Methods
C. Machines and Equipments
D. All of the above
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When SQC techniques are not in use the defects in quality were detected by . . . . . . . . after the finished goods were available
A. Layout
B. Inspection
C. Production
D. Profit
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Which of the following is incorrect in the context of dissonance reducing behaviour of a consumer?
A. There is high involvement from consumer's end
B. There exists few differences between the brands from which purchase is to be made
C. Quality becomes an important parameter to decide on the purchase
D. The frequent purchases are more out of habit than brand loyalty
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The Servuction model recognizes that operations can process customers through their infrastructure or through their . . . . . . . .?
A. performance
B. procedures
C. staff
D. systems
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The EOQ of an item is calculated using the annual demand together with the . . . . . . . . cost and the . . . . . . . . cost.
A. Direct and Variable costs
B. Indirect and Holding costs
C. Direct and Ordering costs
D. Ordering and Holding costs
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Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R) . Read the statements and choose the correct answer.
Assertion (A) Luxury brands command price permiums and do not have a strong lifestyle component.
Reason (R) Luxury brands do not require any special considerations in how they are sold.
A. Both (A) and (R) are correct and (R) is the correct explanation of (A)
B. Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
C. (A) is correct, but (R) is incorrect
D. Both (A) and (R) are incorrect
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Which of the following is Level 1 of the Keller's brand equity model?
A. Brand meaning
B. Brand identity
C. Brand response
D. Brand resonance
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Which of the following model is based on the premise that customer wants to spend minimum amount and get the maximum gains?
A. Psychological
B. Sociological
C. Economic
D. Pavlovian Learning model
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Which of the following is a parameter of brand awareness in Aaker's brand equity model?
1. Association anchors
2. Familiarity
3. Substantiality
4. Price
5. Consumer's consideration
Select the correct answer:
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 2, 3 and 4
D. All of the above
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Match the following
List-I (Methods)
List-II (Uses)
a. SQC
1. Marginal Costing
b. BEP
2. Operational
c. PERT
3. Quality Control
d. Audit
4. Evaluation
A. a-3, b-1, c-2, d-4
B. a-1, b-4, c-3, d-2
C. a-1, b-2, c-3, d-4
D. a-3, b-1, c-4, d-2
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Group layout is the type of
A. Process layout
B. Product layout
C. Plant layout
D. Matrix layout
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Type of Inspection includes
A. Inspection of Purchased items comprising raw materials, parts and supplies
B. Inspection of Work-in-progress
C. Inspection of finished goods
D. All of the above
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Which of the following is correct for complex structure of salesforce?
A. It is helpful is the companies that are operating in different industry or market segments
B. The company designates an independent salesforce for each market segment
C. This is helpful to launch the product efficiently across the market
D. This is used when the companies are selling complex product to different customers across a large geographical area
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Match the items of List-I with the items of List-II and indicate the correct matching.
List-I
List-II
a. Brand elements
1. The marketer's vision of what the brand must be and do for consumers
b. Brand line
2. All products, original as well as line and category extensions, sold under a particular brand name
c. Brand personality
3. Those trademarkable devices that serve to identify and differentiate the brand
d. Brand promise
4. The specific mix of human traits that may be attributed to a particular brand
A. a-3, b-2, c-4, d-1
B. a-1, b-2, c-3, d-4
C. a-3, b-1, c-4, d-2
D. a-4, b-3, c-2, d-1
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Production Planning is the function of management, concerned with deciding
A. What production facilities are required
B. How these product facilities should be laid out in the space available for production
C. How they should be used to produce the desired products
D. All of the above
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Productivity is the relationship between
A. Inputs used and Output produced
B. Cost and Profit
C. Profit and Loss
D. Sales and Purchase
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