Quiznetik

Marketing Management | Set 3

1. A digital analog of various forms of payment backed by a bank or financial institution is …………….

Correct : A. etb

2. ……………….involves some one masquerading as someone else.

Correct : A. spoofing

3. When information about transactions is transmitted in transparent way hackers can catch the transmissions to obtain customers sensitive information. This is known as………..

Correct : B. unauthorized disclosure

4. A competitor or an unhappy customer can alter a website so that it refuses services to potential clients. This is known as ………..

Correct : A. unauthorized action

5. ………………. Is a specialized form of online identity theft.

Correct : D. phishing

6. The private content of a transaction, if unprotected can be intercepted when it goes through the route over the internet is called……..

Correct : C. eavesdropping

7. …………….can be used to minimize the risk of security breaches or viruses.

Correct : A. firewall

8. ………………is an electronic file that uniquely identifies individuals and web sites on the internet and enables secure confidential communications.

Correct : B. digital certificates

9. …………….is a security protocol based on digital certificates.

Correct : C. secure electronic transactions

10. ……..is a computer crime in which criminal breaks into a computer system for exploring details of information etc.

Correct : A. hacking

11. Marketing is a process of converting the potential customers into …………..

Correct : A. Actual customers

12. ……………concept is based on the principle that marketing is not a department but it is pervasive throughout the company.

Correct : B. Holistic

13. ………….simply refers to product planning.

Correct : A. Merchandising

14. Branding is a function of ………….

Correct : D. Facilitating

15. Market where currencies of different countries are bought and sold.

Correct : B. Foreign exchange market

16. Market where demand for goods is greater than supply.

Correct : B. Sellers market

17. Market where shares, debentures, bonds etc of companies are bought and sold.

Correct : C. Stock market

18. Market in which supply is greater than demand.

Correct : A. Buyers market

19. A person who purchases a product or service either for his own consumption or for others is known as………….

Correct : B. Customer

20. Behaviour exhibited while purchasing a car is an example of…………….

Correct : C. Complex Buying Behaviour

21. Which of the following is not an emotional motive

Correct : D. Variety

22. The negative feeling which arise after purchase causing inner tension is known as…..

Correct : D. All of these

23. Sub-dividing of market into homogeneous sub-sections of customers is known as

Correct : B. Market segmentation

24. The strategy where the producer or marketer does not differentiate between different type of customers

Correct : A. Undifferentiated Marketing

25. The concentration of all marketing efforts on one selected segment within the total market.

Correct : C. Concentrated Marketing

26. Identifying and providing different marketing mix for each of the segments is known as……….

Correct : B. Differentiated Marketing

27. Serving a small market not served by competitors is known as………….

Correct : B. Niche marketing

28. The process of assessing the relative worth of different market segments and selecting one or more segments in which to compete is called

Correct : A. Target marketing

29. An organisation directs its marketing efforts at two or more segments by developing a marketing mix for each segment.

Correct : C. Multi-segment approach

30. The act of creating an image about a product or brand in the consumers mind is known as……...

Correct : A. Positioning

31. Positioning by emphasising the special attributes and benefits of the product is known as………..

Correct : A. Positioning by Product Attributes and Benefits

32. Which is not a level of brand loyality.

Correct : D. Brand equity.

33. Trading up is a method of product line modification by.

Correct : C. Quality variation.

34. …….goods are purchased without any planning or search effort.

Correct : B. Impluse.

35. Revival plans to reintroduce the product in more modified form is adopted in ………..stage of PLC.

Correct : C. Decline.

36. After sales service is part of.

Correct : B. Augmented product.

37. Setting price on the basis of the total cost per unit is known as……

Correct : A. Cost Based Pricing

38. Setting price on the basis of the competition for the product is known as……….

Correct : C. Competition Based Pricing

39. When a firm sets a very low price for one or more of its products with the intention of driving its competitors out of business.

Correct : C. Psychological Pricing

40. Razor manufacturer will charge a low price and recoup its margin (and more) from the sale of the only design of blades which fit the razor. This I an example of…………….

Correct : C. Psychological Pricing

41. Where sellers combine several products in the same package is known as…….

Correct : D. Promotional Pricing

42. When there is a large potential market for a product, the firm will adopt.

Correct : C. Premium price policy.

43. A price reduction to buyers who pay their bills promptly is called.

Correct : B. Cash discount.

44. -------is a system of selling goods directly to customers through a network of self employed people

Correct : A. Multilevel marketing

45. The word channel is derived from the French word,

Correct : C. Canal

46. ---------- refers to duplicating the brand image of one product of promote another product of the same brand.

Correct : A. Surrogate advertising

47. ----------- means placement of company product or products in the minds of target consumers relative to the competitive products.

Correct : A. Product positioning

48. Many companies are now turning their attention to …………….markets.

Correct : B. Rural

49. Markets located in the heart of the region specializing in few crops like banana, onions etc are called…..

Correct : B. Seasonal market

50. Rural consumers are …………….

Correct : A. Price sensitive

51. Marketing research is a part of ………………stage of rural marketing strategy.

Correct : A. Planning

52. Price points of Re1, Rs 2,3,4 etc are used for FMCG brands is known as ……………pricing

Correct : C. power price points

53. Which of the following is not an element of service marketing mix?

Correct : A. People

54. …………………..is concerned with finding ways to reduce the demand temporarily or permanently.

Correct : A. Demarketing

55. Which of the following is against marketing concept ?

Correct : A. Demarketing

56. ……………. Is a strategy of entering into an unreceptive or blocked country and practices marketing by using economic, psychological, political and public relation skills etc in that country.

Correct : D. mega marketing

57. ……………………is also known as buzz marketing.

Correct : A. Word of mouth marketing

58. The term …………. Marketing was coined by Steven Jurvetson in 1997.

Correct : B. viral

59. ………………is the marketing of a social message with a view to change behavior of people’s habit.

Correct : B. Social marketing

60. Buying and selling over the internet is known as……..

Correct : C. E-commerce

61. The marketing side of E-commerce is known as ……….

Correct : A. E-marketing

62. SEM means………..

Correct : A. Search engine marketing

63. ………………marketing refers to achieving marketing objectives through applying digital technologies such as web sites.

Correct : B. digital

64. Word of mouth marketing through electronic channels like email, internet etc is known as ……….

Correct : D. viral

65. ….....is a low cost communication tool that can be easily tested, refined and rolled out.

Correct : A. Opt- in- e-mail

66. Which of the following is not a risk in internet based transaction

Correct : C. encryption

67. A digital analog of various forms of payment backed by a bank or financial institution is …………….

Correct : A. ETB

68. Which of the following is not a type of e-payment system.

Correct : D. None of these

69. …………….is a security protocol based on digital certificates.

Correct : C. Secure electronic transactions

70. I am willing to buy a sport car but I do not have enough money to buy it. It is a

Correct : A. Demand

71. The buying process starts when a buyer recognize a   .

Correct : D. Problem or need

72. 7p's of marketing includes

Correct : D. all of these

73. Production concept focuses on

Correct : A. easy availability

74. Porter's five forces does not includes

Correct : C. political power

75. pricing is the approach of setting a low initial price in order to attract a large number of buyers quickly and win a large market share.

Correct : C. Market-penetration

76. In which stage of product life cycle, the company takes decision whether to maintain, harvest or drop the

Correct : D. Decline

77. In which stage of new product development process, the product and marketing programs are tested in realistic market settings?

Correct : C. Test Marketing

78. The practice of selling two or more separate products together for a single price is

Correct : A. Bundling

79. What does the term PLC stands for?

Correct : A. Product life cycle

80. A channel stategy that limits availability of products to a few carefully selected outlets in a given market area .

Correct : B. selective distribution

81. is a marketing channel that has no intermediary levels.

Correct : A. direct marketing channel

82. The benefits of marketing channel are

Correct : D. all of these.

83. For a perishable products,channel has to be .

Correct : A. short

84. Transportation,warehousing,inventory relates to .

Correct : D. place

85. "rather than intermediaries creating demands for the product,consumers demand the products from

Correct : B. pull strategy

86. Difference between transaction selling and relationship selling

Correct : C. in relationship selling,sellers work to provide value to customers

87. In decling stage of PLC,which tool would be more preffered

Correct : A. sales promotion,

88. is any paid form of non personal persuasion and promotion of ideas,goods and services

Correct : A. advertising

89. "the communication message can be adjusted as per customers specific needs or wants." this statement

Correct : B. personal selling

90. The number of product lines a company carries is called

Correct : C. Product mix width

91. The skimming, penetration, bargaining and bundling are decided in the of the Marketing Mix strategy.

Correct : A. Price Decisions

92. The Branding strategy which uses a different brand name for each product is known as

Correct : C. Individual Branding

93. Which of the following is a name, term, sign, symbol, design, or a combination of these, that identifies that maker or seller of a product or service?

Correct : C. Brand

94. Which of the following involves designing and manufacturing the container or wrapper for a product

Correct : B. Packaging

95. The factors such as the buyer’s age, life-cycle stage, occupation, economic situation, lifestyle, personality and self-concept that influences buyer’s decisions refers to which one of the following characteristic?

Correct : D. Demographical characteristics

96. is the study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and wants.

Correct : D. Consumer behavior

97. Bread and milk are which kind of products?

Correct : B. Convenience products

98. What is the basic property of a service which makes it different from a product.

Correct : D. Intangibility

99. The term marketing refers to:

Correct : D. A philosophy that stresses customer value and satisfaction

100. The term ‘marketing mix’ describes:

Correct : D. a blending of strategic elements to satisfy specific target markets