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1) 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)
2) 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)
3) The aim of successful marketing is -
- (1) to increase the sale
- (2) to increase the profit
- (3) to increase the output of sellers
- (4) All of these
- (5) None of these
Ans: (4)
4) Primary data is generally collected through?
- (1) Survey
- (2) Experiment
- (3) Observation
- (4) Census report
- (5) None of these
Ans: (1)
5) The course of a product's sale and profit over its life-time is called?
- (1) The sales chart
- (2) The dynamic growth curve.
- (3) The adoption process
- (4) The product life cycle.
- (5) All of these
Ans: (4)
6) Assigning specific Jobs and work places to the selected candidates is known as?
- (1) Placement
- (2) Recruitment
- (3) Transfer
- (4) Promotion
- (5) All of these
Ans: (1)
7) Which of the following is not a probability sampling?
- (1) Simple random sampling
- (2) Stratified sampling
- (3) Quota sampling
- (4) Area sampling
- (5) None of these
Ans: (3)
8) If done through …… …the rural marketing would be more effective.
- (1) fairs
- (2) village fairs
- (3) door to door campaign
- (4) All of these
- (5) None of these
Ans: (2)
9) Joining with foreign companies to produce or market product and service is called?
- (1) Direct exporting
- (2) Indirect exporting
- (3) Licensing
- (4) Joint-Ventur
- (5) None of these
Ans: (4)
10) The money spent on advertising is considered as–
- (1) Expense
- (2) Investment
- (3) Bad Debts
- (4) Liability
- (5) None of these
Ans: (1)
1. Economic model of motivation is developed by
- (1)Rath
- (2)Marshal
- (3)Clark
- (4)Stanton
- (5)Philip Kotler and Armstrong
Ans: (2)
2. The psycholoanalytic model of motivation is developed by
- (1)Fried
- (2)Clark
- (3)Stanton
- (4)Rath
- (5)None of these
Ans: (1)
3. Which of the following is the crux of marketing process?
- (1) Marketing planning
- (2) Marketing mix
- (3) Marketing research
- (4) Market expansion
- (5) Market scanning
Ans: (2)
4. Preservation of species is
- (1)Buying motive
- (2)Product
- (3)Design
- (4)Cost
- (5)A tool of sales management
Ans: (1)
5. Which of the following is not associated with a role in a buying decision making unit?
- (1)supplier
- (2)Gatekeeper
- (3)Decision making
- (4)Buyer
- (5)None of the above
Ans: (2)
6. Learning model of motivation is developed by
- (1)Clark
- (2)Stanton
- (3)Hansion
- (4)Pavlovian
- (5)Peter
Ans: (4)
7. Which is a psychological buying motive?
- (1)Sleeping
- (2)Hungry
- (3)Thirst
- (4)Rest and Recreation
- (5)All of the above
Ans: (5)
8. Which of the following is buying motives technique?
- (1)Projective Technique
- (2)Interview Technique
- (3)Experience and Knowledge Technique
- (4)All of the above
- (5)None of the above
Ans: (5)
9. Which is the maturity product of a bank?
- (1)Fixed term deposit
- (2)senior citizen deposit scheme
- (3)House loan
- (4)Car loan
- (5)All of the above
Ans: (5)
10. Which of the following is prestige product of a bank?
- (1)International debit and credit card
- (2)Credit card
- (3)ATM card
- (4)All of the above
- (5)None of the above
Ans: (4)
11. Who among the following is not a part of the Marketing Mix?
- (1) Wholesalers
- (2) Retailers
- (3) Customers
- (4) All of these
- (5) None of these
Ans: (3)
12. Which is the element of psychology of consumer?
- (1)Knowledge of the customer
- (2)Intention
- (3)Attitudes
- (4)Motive
- (5)All of the above
Ans: (5)
13. Which of the following comes under the decisions concerning the products?
- (1) Product attributes
- (2) Branding and packaging
- (3) Product mix
- (4) All of the above
- (5) None of the above
Ans: (4)
14. A product is referred to as
- (1) Tangible and intangibly item
- (2) Tangible item
- (3) Anything
- (4) All of the above
- (5) None of the above
Ans: (4)
15. A product represents a market’s offering as it is perceived by
- (1) Present customers
- (2) Potential customers
- (3) Company
- (4) All of the above
- (5) None of the above
Ans: (2)
1. The selling concept applies on:
- (1) Bank and other Financial Institution
- (2) Insurance
- (3) Gas
- (4) Water Supply
- (5) All of these
Ans: (4)
2. Which is the part of Selling concept?
- (1) Profit by sales
- (2) Production of Present Product
- (3) Sales/Promotional efforts
- (4) All of these
- (5) None of these
Ans: (4)
3. Marketing is – Find the wrong option -
- (1) an ancient concept
- (2) a modern concept
- (3) a continuous affair
- (4) a team effort
- (5) None of these
Ans: (1)
4. RSS Stands for-
- (1) Real Save System
- (2) Role Saver System
- (3) Real Simple Syndication
- (4) Real Saver System
- (5) None of these
Ans: (3)
5. A campaign is a
- (1) Specific message being sent to a specific group of recipients
- (2) System
- (3) Plan
- (4) Market
- (5) None of these
Ans: (1)
6. Which bank is following high Pressure Selling of their product?
- (1) ICICI Bank
- (2) State Bank of India and UCO bank
- (3) Bank of Baroda
- (4) Bank of India
- (5) All of these
Ans: (1)
7. Market Research is needed for _________.
- (1) Deciding the market area
- (2) Deciding the right-product to be sold.
- (3) Making proper marketing decisions
- (4) Deciding right time to sell
- (5) All of these
Ans: (5)
8. Which concept of marketing is based on customer Welfare and Satisfaction?
- (1) Social Marketing Concept
- (2) Production concept
- (3) Product concept
- (4) Marketing concept
- (5) All of these
Ans: (1)
9. Social Marketing Concept involves:
- (1) Long run welfare of society
- (2) Long run satisfaction of customer
- (3) Research and development
- (4) All of these
- (5) None of these
Ans: (4)
10. Which is the assumption of Social marketing?
- (1) Long term profit
- (2) Long run satisfaction of customer
- (3) Social Performance
- (4) Social welfare
- (5) All of these
Ans: (4)
11. DSA Means -
- (1) District sales Authority
- (2) Direct Selling Agent
- (3) Distributor and Sales agent
- (4) None of these
- (5) All of these
Ans: (2)
12. “Conversion” in sales language means -
- (1) Converting a buyer into a seller
- (2) Converting a seller into a buyer
- (3) Converting a prospect into customer
- (4) All of these
- (5) None of these
Ans: (3)
13. Bank Marketing is treated as -
- (1) Transaction marketing
- (2) Service marketing
- (3) Indoor marketing
- (4) all of these
- (5) None of these
Ans: (2)
14. Leads can be provided by -
- (1) friends relatives
- (2) Websites
- (3) Directories
- (4) All of these
- (5) None of these
Ans: (4)
15. Which is not the concept of marketing?
- (1) Social marketing concept
- (2) Product disposal planning concept
- (3) Marketing concept
- (4) Product concept
- (5) All of these
Ans: (2)
1. Relationship selling means-
- (1) Preparing a list of relatives
- (2) Cross selling
- (3) Selling to relatives
- (4) Selling to strangers
- (5) Telemarketing
Ans: (2)
2. ESOP stand for-
- (1) Efficient Service of Promises
- (2) Effective System of Projects
- (3) Employee Stock Option Plan
- (4) Essential Security of Project
- (5) Equity Stock Option Plan
Ans: (3)
3. Modern method of marketing include-
- (1) Publicity on the net
- (2) Advertisement on the net
- (3) Soliciting business through e-mails
- (4) Both 1 and 2
- (5) All of the above
Ans: (5)
4. ATMs are-
- (1) Branches of Banks
- (2) Manned counters of Banks
- (3) Unmanned cash dispensers
- (4) All of these
- (5) None of these
Ans: (3)
5. Marketing means-
- (1) Selling of Banks
- (2) Merger of Banks
- (3) Selling bank's products and services
- (4) None of these
- (5) All of these
Ans: (3)
6. Proper pricing is needed for-
- (1) Extra charges of extra services
- (2) Levy of VAT
- (3) Good customer services
- (4) Putting burden on the customers
- (5) Depositing money in bank.
Ans: (3)
7. The abbreviation ISP stands for-
- (1) International Spy Project
- (2) Indian Social Planning
- (3) Initial Service Provider
- (4) Internet Service Provider
- (5) None of these
Ans: (4)
8. Credit cards are used for-
- (1) Cash withdrawals
- (2) Purchase of air tickets
- (3) Purchase of consumable items from retail outlets
- (4) all of these
- (5) None of these
Ans: (4)
9. The balance sheet of an organization gives information regarding-
- (1) Result of operations for a particular Period
- (2) The financial position as on a particular date
- (3) The operating efficiency of a firm.
- (4) Financial position during a particular period
- (5) All of the above
Ans: (2)
10. The advantage of telephone interview are-
- (1) Relatively low cost per interview
- (2) Good for reaching important people who are inaccessible
- (3) Securing Co-operation which is not always possible
- (4) All of these
- (5) Both 1 & 2
Ans: (5)
11. The best advertisement is-
- (1) Glow sign boards
- (2) On internet
- (3) TV media
- (4) Print media
- (5) A satisfied Customer
Ans: (5)
12. Acid Test of a brand is-
- (1) Brand preference
- (2) Brand awareness
- (3) Brand loyalty
- (4) Brand equity
- (5) Band acceptability
Ans: (3)
13. In banks loans and advances are considered as-
- (1) Assets
- (2) liabilities
- (3) Resources
- (4) cause of expenditure
- (5) None of these
Ans: (1)
14. In the context of globalization, BPO means-
- (1) British Petroleum Organization
- (2) British Passport Office
- (3) Business Process Outsourcing
- (4) Business Process Orientation
- (5) All of the above
Ans: (3)
15. Home loans are granted to-
- (1) Individuals
- (2) Institutions
- (3) Builders
- (4) all of these
- (5) None of these
Ans: (1)
1. In Market segmentation which among the following is not an economic component-
- (1) Age
- (2) Gender
- (3) Both 1 and 2
- (4) Income level
- (5) Taxes
Ans: (3)
2. When a firm sells off part of its business to another it is called-
- (1) Diversification
- (2) Divestment
- (3) Pruning
- (4) Strategy
- (5) Joint venture
Ans: (2)
3. Sales promotion involves, the incorrect option-
- (1) Building product awareness
- (2) Creating interest
- (3) Providing Intonation
- (4) Designing new product
- (5) None of these
Ans: (4)
4. In Marketing Mix 4 P’s Imply -
- (1) Product, Price, Place, Promotion
- (2) Product, Price, Policy, Place
- (3) Place, People, Product, Promotion
- (4) All of the above
- (5) None of these
Ans: (1)
5. Warehouse Management does not include -
- (1) Space determination
- (2) Stock layout
- (3) Stock design
- (4) Stock placement
- (5) Order picking procedure
Ans: (5)
6. Which among the following is a feature of good forecasting method -
- (1) Accuracy
- (2) Simplicity
- (3) Economy
- (4) Availability
- (5) All of these
Ans: (5)
7. A person who ultimately determines any part or whole of the buying decision is called-
- (1) Decider
- (2) Buyer
- (3) User
- (4) Influencer
- (5) None of these
Ans: (1)
8. A marketing technique where marketer plays a specific role in a particular segment is called
- (1) Mass Marketing
- (2) Niche marketing
- (3) Strategic Marketing
- (4) Communication Marketing
- (5) None of these
Ans: (2)
9. Buyer Resistance means -
- (1) Buyers fighting with the salesman
- (2) Reluctant salesman
- (3) Indifferent Salesman
- (4) Hesitant buyers
- (5) None of these
Ans: (4)
10. Digital Bank can be resorted through -
- (1) Mobile phones
- (2) Internal
- (3) Telephones
- (4) All of these
- (5) None of these
Ans: (4)
11. Cross selling is very effective in the sale of one of the following -
- (1) Debit - Card
- (2) Credit- Cards
- (3) Internal- Banking
- (4) Auto Loan
- (5) All of these
Ans: (5)
12. Target market for debit card is -
- (1) All existing account holder
- (2) All sales persons
- (3) All NRI’s
- (4) All HNI’s
- (5) All of these
Ans: (1)
13. SME means -
- (1) Small and medium enterprises
- (2) Small scale marketing entities
- (3) Small & medium establishments
- (4) None of these
- (5) All of these
Ans: (1)
14. "Out-sourcing" means service rendered by -
- (1) Outside agencies
- (2) Other departments of the company
- (3) Employees other than the sales person
- (4) Marketing department
- (5) None of these
Ans: (1)
15. Which among the following is not an example of convenience goods?
- (1) Tea
- (2) Newspaper
- (3) Coffee
- (4) Shirts
- (5) None of these
Ans: (4)
1. Marketing is – Find the wrong option -
- (1) an ancient concept
- (2) a modern concept
- (3) a continuous affair
- (4) a team effort
- (5) None of these
Ans: (1)
2. The last stage in selling process-
- (1) approach
- (2) handling objections
- (3) closing
- (4) follow up
- (5) All of these
Ans: (4)
3. The course of a product's sale and profit over its lifetime is called-
- (1) The sales chart
- (2) The dynamic growth curve.
- (3) The adoption process
- (4) The product life cycle.
- (5) All of these
Ans: (4)
4. Leads can be provided by -
- (1) friends relatives
- (2) Websites
- (3) Directories
- (4) All of these
- (5) None of these
Ans: (4)
5. DSA Means -
- (1) District sales Authority
- (2) Direct Selling Agent
- (3) Distributor and Sales agent
- (4) None of these
- (5) All of these
Ans: (2)
6. Regulation that arise to ensure that firm takes responsibility for the social costs of their products or production processes stem from which reason for government legislation of business-
- (1) To protect companies from each other.
- (2) To protect companies from unfair business practices.
- (3) To protect the interests of the society.
- (4) To businesses from unfair consumer demands.
- (5) All of these
Ans: (3)
7. “Conversion” in sales language means -
- (1) Converting a buyer into a seller
- (2) Converting a seller into a buyer
- (3) Converting a prospect into customer
- (4) All of these
- (5) None of these
Ans: (3)
8. The Major advantage of survey reasearch is its-
- (1) Simplicity
- (2) Structure
- (3) Organization
- (4) flexibility
- (5) All of these
Ans: (4)
9. A ___________ is any activity or benefit offered for sale that is essentially intangible and does not result in the ownership of anything.
- (1) Demand
- (2) Basic staple
- (3) Product
- (4) Service
- (5) All of these
Ans: (4)
10. ____________ is a person's distinguishing psychological characteristics that-lead to relatively consistent and lasting responses his or her own environment-
- (1) Psychographics
- (2) Personality
- (3) Demographics
- (4) lifestyle.
- (5) All of these
Ans: (2)
11. The plan in the business buying behaviour model where interpersonal and individual influence might interact is called the-
- (1) Environment
- (2) Response
- (3) Stimuli
- (4) Buying center
- (5) All of these
Ans: (4)
12. Bank Marketing is treated as -
- (1) Transaction marketing
- (2) Service marketing
- (3) Indoor marketing
- (4) all of these
- (5) None of these
Ans: (2)
13. All of the following are thought to be sources of new product ideas Except-
- (1) Internal Sources
- (2) Customers
- (3) Competitors
- (4) Local library
- (5) All of these
Ans: (3)
14. If Honda uses its company name to cover such different products as its automobiles lawn mowers and motorcycles, it is practicing which of the following-
- (1) New brand strategy
- (2) Live extension strategy
- (3) Multibrand strategy
- (4) Brand extension strategy
- (5) All of these
Ans: (4)
15. If a company (considering its options on the product/market expansion grid) chooses to move in to different unrelated fields (from what it has ever done before) with new products as a means to stimulate growth, the company would be following which of the following general strategies.
- (1) Market-Penetration
- (2) Market development
- (3) Product development
- (4) Diversification
- (5) All of these
Ans: (4)
1. Planned cost service means-
- (1) costly products
- (2) extra profit on the same cost
- (3) extra work by seller
- (4) all of these
- (5) None of these
Ans: (2)
2. In Consumer behavior 'Perception is a process through which-
- (1) a consumer make ultimate purchasing
- (2) a consumer is satisfied
- (3) a consumer's mind receives, organizes and interprets physical time
- (4) Both 1 and 2
- (5) All of the above
Ans: (3)
3. 'Casual' research is basically concerned with-
- (1) Establishing cause and effort relationship
- (2) Arriving at a forecast or prediction of interest.
- (3) measuring and estimating the frequencies with which of things occur
- (4) all of above
- (5) None of these
Ans: (1)
4. One of the following is a target for the marketing of internet banking-
- (1) All the customers
- (2) All the educated customers
- (3) All the computer educated customers
- (4) Only creditors
- (5) None of these
Ans: (3)
5. Market expansion means-
- (1) Hiring more staff
- (2) Buying more products
- (3) firing more staff
- (4) Buying more companies
- (5) None of these
Ans: (5)
6. Rural marketing is not required because-
- (1) Rural people do not understand marketing
- (2) It is not practical from the cost point of view
- (3) It is sheer wastage of time
- (4) All of these
- (5) None of these
Ans: (5)
7. Effective marketing helps in-
- (1) Developing new products
- (2) Creating a competitive environment
- (3) Building demand for product
- (4) All of these
- (5) None of these
Ans: (4)
8. Sale forecast implies-
- (1) an estimate of the maximum possible sales opportunities present in a particular market segment.
- (2) an estimate of sales, in physical units, in a future period
- (3) Estimating the number of sales person required to sell a product.
- (4) Both 1 and 2
- (5) Neither 1 nor 2
Ans: (4)
9. Advertising for............. is not allowed on T.V.
- (1) Liquor
- (2) Cigrattes
- (3) Both 1 and 2
- (4) Soaps
- (5) None of these
Ans: (2)
10. Entrepreneurs find direct marketing attractive because of -
- (1) Investment is low
- (2) It doesn't required specialized skills
- (3) Returns are quick
- (4) All of above
- (5) None of these
Ans: (4)
11. A theory states that no matter how efficiently goods/service are produced, if they cannot be delivered to the customer in the quickest possible time it is vain-this theory is called-
- (1) Quickest the best
- (2) Instant service
- (3) Service on time
- (4) Timely effort
- (5) Matter theory
Ans: (2)
12. Demonstration is an exercises to-
- (1) attractively pack and display the goods
- (2) Prove the characteristic of the product
- (3) Both 1 and 2
- (4) Window shop
- (5) Neither 1 nor 2
Ans: (2)
13. In selling "Consumption" is the ultimate goal of the sales while a marketer-
- (1) Identifies consumer needs and wants.
- (2) Develop an appropriate product/service to attain customer satisfaction.
- (3) Accomplish organizational goals through integrated marketing approach
- (4) all of the above.
- (5) None of these
Ans: (4)
14. A good seller should have the following qualities-
- (1) Developing the work
- (2) Submissive
- (3) Sympathy
- (4) All of these
- (5) None of these
Ans: (4)
15. A method in which brand equity is measured by comparing difference between the retail price of the brand and the retail price of an unbranded product in same category is called-
- (1) Brand goodwill method
- (2) price premium method
- (3) Production method
- (4) Both 1 and 2
- (5) Neither 1 nor 2
Ans: (2)
1. Motivation means _________.
- (1) Inspiring employees to perform better
- (2) Better communication skills
- (3) Sales coaching
- (4) Market research
- (5) None of these
Ans: (1)
2. In a Marketing process in today's world _______.
- (1) Only standard products are sold
- (2) The seller needs to have product knowledge
- (3) The seller should ensure customer satisfaction
- (4) Only quantum of sales matters.
- (5) All of these
Ans: (3)
3. Out of the following which is not an objective of pricing?
- (1) Profit
- (2) Stabilizing demand an sales of the product
- (3) Improvement in product quality
- (4) Expansion of business.
- (5) All of these
Ans: (4)
4. Marketing plan helps in _____.
- (1) Better lead generation
- (2) Better systems
- (3) Better results
- (4) Better customer service
- (5) All of the above
Ans: (5)
5. For effective marketing the salesmen should have which of these qualities?
- (1) Creativity
- (2) Team spirit
- (3) Motivation
- (4) Effective communication skill
- (5) All of these
Ans: (5)
6. Market Research is needed for _________.
- (1) Deciding the market area
- (2) Deciding the right-product to be sold.
- (3) Making proper marketing decisions
- (4) Deciding right time to sell
- (5) All of these
Ans: (5)
7. Sale forecasting involves?
- (1) Sales planning
- (2) sales pricing
- (3) Distribution channel
- (4) Consumer Tastes
- (5) All of these
Ans: (5)
8. In addition to product , price, promotion, the augmented marketing mix for services include all of the following EXCEPT.
- (1) People
- (2) Packaging
- (3) Process
- (4) Physical evidence
- (5) Both 1 and 2
Ans: (2)
9. Dumping relates to the sale of __________.
- (1) Products in foreign markets that cannot be sold in the home market
- (2) Products discontinued in the home market sold to a foreign market
- (3) Production in foreign markets that cannot pass safety standards in the home market
- (4) None of these
- (5) All of these
Ans: (2)
10. The following does not represent a market situation _________.
- (1) A bank run dispensary located in its, staff quarters.
- (2) A fund raising charity show for the members of an NGO
- (3) A meditation camp of a religious organization concluded for its members.
- (4) A stall distributing Kada Prasad in a Gurudwara
- (5) All of these
Ans: (4)
11. The following offering is not a service _________.
- (1) Fixed deposit receipt
- (2) Postage stamp
- (3) Insurance policy
- (4) Gift coupon of the chain store.
- (5) All of these
Ans: (4)
12. The act of obtaining a desired object from some one by offering some in return is called as a ______.
- (1) Transaction
- (2) Exchange
- (3) Relationship
- (4) Value
- (5) None of these
Ans: (2)
13. _____________ is a group of related products that function in a similar manner, are sold to the same customer groups and marketed through the same type of the outlets.
- (1) Group
- (2) Product line
- (3) Category
- (4) Market
- (5) None of tese
Ans: (2)
14. Goods that are typically bought by consumer based on a comparison of suitability, quality price and style are called ____________ goods.
- (1) Industrial
- (2) Speciality
- (3) Shopping
- (4) Convenience
- (5) None of these
Ans: (3)
15. Which of the following statement is true?
- (1) Marketing makes the company to go into loss due to higher expense
- (2) Marketing is not required in profitmaking companies
- (3) Marketing sharpens the mind of the employees
- (4) Marketing is wastage of time.
- (5) All of these
Ans: (3)
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)
Q.1. Sales promotion involves, the incorrect option-
- (1) Building product awareness
- (2) Creating interest
- (3) Providing Intonation
- (4) Designing new product
- (5) None of these
Ans: (4)
Q.2. Bank Marketing is treated as -
- (1) Transaction marketing
- (2) Service marketing
- (3) Indoor marketing
- (4) all of these
- (5) None of these
Ans: (2)
Q.3. Which of the following factors contributed to the transition from the production period to the sales period?
- (1) Increased consumer demand
- (2) More sophisticated production techniques
- (3) Increase in urbanization
- (4) The Great Depression
- (5) None of these
Ans: (2)
Q.4. “Out-sourcing means service rendered by -
- (1) Outside agencies
- (2) Other departments of the company
- (3) Employees other than the sales person
- (4) Marketing department
- (5) None of these
Ans: (1)
Q.5. Cross selling is very effective in the sale of one of the following -
- (1) Debit - Card
- (2) Credit- Cards
- (3) Internal- Banking
- (4) Auto Loan
- (5) All of these
Ans: (5)
Q.6. DSA Means -
- (1) District sales Authority
- (2) Direct Selling Agent
- (3) Distributor and Sales agent
- (4) None of these
- (5) All of these
Ans: (2)
Q.7. “Conversion” in sales language means -
- (1) Converting a buyer into a seller
- (2) Converting a seller into a buyer
- (3) Converting a prospect into customer
- (4) All of these
- (5) None of these
Ans: (3)
Q.8. Target market for debit card is -
- (1) All existing account holder
- (2) All sales persons
- (3) All NRI’s
- (4) All HNI’s
- (5) All of these
Ans: (1)
Q.9. Leads can be provided by -
- (1) friends relatives
- (2) Websites
- (3) Directories
- (4) All of these
- (5) None of these
Ans: (4)
Q.10. Marketing is – Find the wrong option -
- (1) an ancient concept
- (2) a modern concept
- (3) a continuous affair
- (4) a team effort
- (5) None of these
Ans: (1)
Q.11. Which of the following statements is correct?
- (1) Marketing is the term used to refer only to the sales function within a firm.
- (2) Marketing managers usually don’t get involved in production or distribution decisions.
- (3) Marketing is an activity that considers only the needs of the organization, not the needs of society as a whole.
- (4) Marketing is the activity, set of institutions, and processes for creating, communicating, delivering and exchanging offerings that have value for customers, clients, partners, society at large.
- (5) None of these
Ans: (4)
Q.12. The term marketing refers to ———-
- (1) New product concepts and improvements
- (2) Advertising and promotion activities
- (3) A philosophy that stresses customer value and satisfaction
- (4) Planning sales campaigns
- (5) None of these
Ans: (3)
Q.13. In the history of marketing, when did the production period end?
- (1) In the late 1800s
- (2) In the early 1900s
- (3) In the 1920s
- (4) After the end of the Second World War
- (5) None of these
Ans: (3)
Q.14. A marketing philosophy summarized by the phrase “a good product will sell itself” is characteristic of the ——— period.
- (1) Production
- (2) Sales
- (3) Marketing
- (4) Relationship
- (5) None of these
Ans: (1)
Q.15. SME means -
- (1) Small and medium enterprises
- (2) Small scale marketing entities
- (3) Small & medium establishments
- (4) None of these
Ans: (1)