Marketing Quiz for SBI PO 2015

1. Reference group influences Vis-a-Vis consumption decision is a function of the-
  • (1) Product Category 
  • (2) Group characteristics
  • (3) Group communication process 
  • (4) All of these
  • (5) None of these
Ans: (4)
2. Which of the following expresses Maslow's Motivation theory best-
  • (1) Importance of Motivation for customer development 
  • (2) Why people are driven by particular need at particular times.
  • (3) Where human needs are arranged in a hierarchy. 
  • (4) All of these
  • (5) None of these
Ans: (4)
3. Short term planning focuses on-
  • (1) Functional plans 
  • (2) Long term objective
  • (3) Specific goal 
  • (4) Both 1 & 3
  • (5) None of these
Ans: (4)
4. The study of human population in terms of size, density, age, gender, race, occupation and other statistics is called 
  • (1) Geothermy 
  • (2) Demography
  • (3) Ethnography 
  • (4) Geography 
  • (5) None of these
Ans: (2)
5. When the market research organization chooses a segment of the population that represents the population as a whole, they have chosen a-
  • (1) Group 
  • (2) Bi-variant-population
  • (3) Sample 
  • (4) Market Target
  • (5) None of these
Ans: (3)
6. If your company were to make a product-such as suit of clothes and sell that product your company will come under which sector ?
  • (1) Retailer 
  • (2) Business
  • (3) Government
  • (4) Service
  • (5) None of these
Ans: (2)
7. Cost that do not vary with production or sales level are called-
  • (1) fixed costs 
  • (2) Variable cost
  • (3) Standard costs 
  • (4) Independent-costs
  • (5) None of these
Ans: (1)
8. Consumer Information source-
  • (1) Personal source and commercial source
  • (2) Public source
  • (3) experiential source 
  • (4) all of the above
  • (5) None of these
Ans: (4)
9. Zero-based budgeting (ZBB) means-
  • (1) A tool of marketing cost 
  • (2) a tool for financial analysis
  • (3) each year, budgeting starts from a scratch.
  • (4) a certain percentage of sales
  • (5) both 1 & 2.
Ans: (3)
10.  Joining with foreign companies to produce or market product and service is called-
  • (1) Direct exporting 
  • (2) Indirect exporting
  • (3) Licensing 
  • (4) Joint-Venturing
  • (5) None of these
Ans: (4)
11. The long term objective of marketing is-
  • (1) Customer satisfaction 
  • (2) Profit maximization 
  • (3) Cost cutting 
  • (4) Profit maximization with customer satisfaction
  • (5) None of these
Ans: (4)
12. Which among the following is statistical indicator for equality in income distribution-
  • (1) Gini Coefficient 
  • (2) Price Indices
  • (3) GNP 
  • (4) GDP 
  • (5) None of these
Ans:  (1)
13. A ___________ is a name, term, sign, symbol or design or a combination of these that identified the market or seller of a product or service-
  • (1) Product feature 
  • (2) Sponsorship
  • (3) Brand 
  • (4) Logo
  • (5) None of these
Ans: (3)
14. In marketing terms Attitude can best be defined as a -
  • (1) Rude behaviour of Salesperson 
  • (2) Rude behaviour of consumer
  • (3) Mental state of consumer 
  • (4) Ego of the marketing executive
  • (5) None of these
Ans: (3)
15. The process that turns marketing strategies and plans in to marketing action in order to accomplish strategic marketing objective is called-
  • (1) Marketing strategy 
  • (2) Marketing Control
  • (3) Marketing analysis 
  • (4) Marketing implementation
  • (5) None of these
Ans: (4)