Quiznetik

Sales and Distribution Management | Set 1

1. “Benchmark” means____________

Correct : B. Set standards

2. A call centre is____________

Correct : E. A back office set up where customer queries are answered

3. The sequence of a sales process is____________

Correct : A. Lead generation, call, presentation & sale

4. ‘Value -added services’ means_____________

Correct : A. Additional services

5. To ‘Close a Call’ means____________

Correct : A. To clinch the sale

6. ‘Customization’ means__________

Correct : A. Tailor-made products for each customer

7. A ‘Call’ in marketing language means__________

Correct : E. None of these

8. A marketing survey is required for____________

Correct : D. All of these

9. The target group for Education loans is________

Correct : A. Meritorious students seeking higher education

10. Cross-selling means___________

Correct : D. Selling other products to existing customers

11. Marketing segmentation is useful for__________

Correct : E. All of these

12. The target Group for savings deposit Accounts is

Correct : B. Students

13. Market Segmentation can be resorted to by means of

Correct : D. All of these

14. The target group for a Car loan is_____________

Correct : D. Any individual needing a car

15. Market information means_____________

Correct : D. Knowledge of customer’s tastes

16. Bancassurance means____________

Correct : C. Banks selling insurance products

17. The target group for agricultural loan is________

Correct : C. Any individual dealing in agricultural or related activity

18. The target group for credit card is_____________

Correct : D. Individuals with taxable income

19. Market segmentation means_____________

Correct : C. Segmentation the customers as per their needs

20. A ‘Target Group’ means___________

Correct : D. A group of person to whom sales should be focused

21. Marketing is the art of___________

Correct : C. Selling more

22. Marketing of services is resorted in____________

Correct : E. Only 2 and 3

23. Marketing is a__________

Correct : B. Team effort

24. Service marketing is the same as___________

Correct : B. Relationship marketing

25. Good marketing requires one of the following

Correct : B. Good team work

26. Marketing in banks is a necessity today, due to

Correct : A. Liberalisation

27. Marketing is influenced by__________

Correct : E. All of the above

28. Market share means__________

Correct : A. Share of business among peers

29. Marketing helps in__________

Correct : D. All of these

30. A DSA helps in________

Correct : A. Boosting direct sales

31. A DSA (Direct Selling Agent) is one___________

Correct : D. Who sells direct to the client

32. Selling is_________

Correct : E. None of these

33. A ‘Lead’ in marketing jargon, means__________

Correct : A. A likely consumer

34. Good selling skills involve____________

Correct : E. All of these

35. EMI stands for:

Correct : C. Equated Monthly Instalment

36. A true marketing mindset requires___________

Correct : D. Active mindset

37. Innovation means_________

Correct : D. Creativity

38. Internal marketing means__________

Correct : C. Marketing to the staff members

39. Modern styles of marketing are____________

Correct : E. All of these

40. A good and effective DSA should_____________

Correct : E. Be more effective than the competitor company

41. Prior to the Industrial Revolution, selling was no problem and no sales team is required because

Correct : D. Small-scale enterprises dominated the economic scene

42. A form of distribution in which manufacturer makes an agreement, with a middleman in each market area stipulating that the distribution of the product within that is to be confined solely to that middleman is known as-

Correct : B. Exclusive agency distribution

43. The long term objective of marketing is_________

Correct : D. Profit Maximisation with customer

44. Which among the following is statistical indicator for equality in income distribution?

Correct : A. Gini Coefficient

45. Short term planning focuses on

Correct : D. Both (1) and (3)

46. In marketing terms, Attitude can best be defined as a

Correct : C. Mental state of consumer

47. The nominal scale used for marketing research, refers to

Correct : A. Population characteristics based on age or sex or ownership of a specific consumer durable

48. Reference group influences vis-a-vis consumption decision, is a function of the

Correct : D. All of the above

49. Just in time (JIT) technique is getting wider acceptance world over, the technique was first introduced in

Correct : C. Japan

50. Gate Keepers___________

Correct : D. Issue challan for discharge of products

51. Consumer Day is celebrated on____________

Correct : A. 15th March

52. A situation where by market is expanded by developing new products to satisfy new consumer needs is called

Correct : B. Diversification

53. The level of commitment that consumers feel toward a given brand is called

Correct : C. Brand loyalty

54. Assigning specific jobs and work places to the selected candidates is known as____________

Correct : A. Placement

55. As a counselor, a personnel manager__________

Correct : B. Encourages the employees

56. Which among the following is NOT included in fringe benefits available to an employee?

Correct : E. None of these

57. Which among the following is an example of tele-conferencing?

Correct : D. All of the above

58. Information systems can assist managers by

Correct : D. All of the above

59. Which among the following is a disadvantage of an EDI system?

Correct : C. Expensive

60. In online marketing, there is____________

Correct : D. Only warranty

61. EMI is marketing tool if

Correct : B. It is very low

62. The target group for Home-loan is

Correct : E. Individuals not owning any house

63. Delivery Channels means:

Correct : A. Sales outlets

64. Customer Relation can be ensured by:

Correct : E. Personalized services

65. Standard marketing practices include

Correct : C. Lowering the selling price

66. Marketing of service is adopted in

Correct : E. Hotels

67. Selling is _____________

Correct : D. A sub-function of marketing

68. Indirect marketing is the same as

Correct : D. Advertisements

69. ‘To close a call’ means

Correct : C. To clinch the sale deal

70. Market size also means

Correct : D. Market distribution

71. Digital Marketing is the same as

Correct : A. Online marketing

72. Service Marketing is resorted to in

Correct : D. Insurance companies and banks

73. Customization results in

Correct : D. Better balance sheet figures

74. The sole aim of marketing is to

Correct : C. increase profits

75. Efficient marketing style requires

Correct : B. Good debating skills

76. Target group means

Correct : C. Intended buyers

77. ‘Push’ marketing style requires

Correct : A. Collective effort

78. Web marketing involves

Correct : E. Web advertisements

79. The task of marketing involves

Correct : D. Selling products and services of a company

80. Market space means

Correct : D. Scope available for selling

81. Which one of the following Is NOT a target group for saving accounts?

Correct : B. Loss making companies

82. Target group for home loans is

Correct : B. Persons having no house of their own

83. Digital marketing is similar to

Correct : C. Online marketing

84. Full form of DSA is___________

Correct : B. Direct Selling Agency

85. In online marketing, there is____________

Correct : A. Only warranty

86. Which of the following is a part of marketing?

Correct : D. All of these

87. Marketing involves:

Correct : A. Product

88. A total system of interacting business activities designed to plan, price, promote and distribute want satisfying Products and Services to Present and Potential Customers.

Correct : D. All of these

89. Which is the essential of marketing?

Correct : A. Marketing is a human activity

90. Marketing includes

Correct : D. All of these

91. Which is/are the functions of marketing?

Correct : E. All of these

92. What is the basis of marketing?

Correct : A. Exchange

93. Marketing is required in banks due to-

Correct : C. Globalisation

94. Marketing is a Social-economic activity because:

Correct : A. Marketing is related with Social Satisfaction

95. Certain market means-

Correct : A. The place where functions of marketing is exercised

96. Which is the subject matter of Marketing?

Correct : B. Product or Service

97. Marketing is:

Correct : D. a collective process

98. Which is the subject Matter of marketing?

Correct : E. Goods and Services

99. Rural Marketing is related to-

Correct : C. Rural product like-Agricultural tools

100. Which is the feature of Rural Market?

Correct : A. Number of Consumer