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This section includes 193 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Commerce (B Com) knowledge and support exam preparation. Choose a topic below to get started.
101. |
The purpose of evaluating the attractiveness of the differing market segments identified in the second stage of the market segmentation process is to: |
A. | identify the specific members of each segment to be able to contact each of them directly. |
B. | determine the level of resources that must be committed to each segment. |
C. | evaluate the market potential within each segment. |
D. | design marketing strategy and tactics to reinforce the firm's image. |
Answer» D. design marketing strategy and tactics to reinforce the firm's image. | |
102. |
The family life cycle: |
A. | is a way to apply psychographic segmentation. |
B. | refers to the process of family formation and dissolution. |
C. | provides insights into the relationships among age, occupation, income, and housing. |
D. | is composed of the 11 stages of personal growth from infancy to retirement. |
Answer» C. provides insights into the relationships among age, occupation, income, and housing. | |
103. |
Under the agricultural marketing system, the input sub-system includes: |
A. | Input manufacturers and distributors, related |
B. | Importers |
C. | Exporters |
D. | All of the above |
Answer» E. | |
104. |
The biggest challenge in reaching rural markets is |
A. | physical distribution of products |
B. | educating the rural consumers |
C. | pricing products for rural consumers |
D. | hesitation of rural consumers to accept new products |
Answer» B. educating the rural consumers | |
105. |
Which of the following is part of the demographic segmentation for consumer markets? |
A. | Age |
B. | Social grade |
C. | Lifestyle |
D. | Personality |
Answer» B. Social grade | |
106. |
The major segmentation variables for rural markets refers to which of the following? |
A. | Geographic, density, psychographic, behavioural |
B. | Gender, demographic, psychographic, lifestyle |
C. | Geographic, demographic, psychographic, behavioural |
D. | None of the above |
Answer» D. None of the above | |
107. |
To be useful, market segments must be: |
A. | Measurable and Accessible |
B. | Substantial and Differentiable |
C. | Actionable |
D. | All of the above |
Answer» E. | |
108. |
All of the following would be ways to segment within the category of behavioural variable segmentation except: |
A. | occasions. |
B. | user status. |
C. | loyalty status. |
D. | lifestyle. |
Answer» E. | |
109. |
Juice in the morning is an attempt to segment according to which of the following? |
A. | gender segmentation |
B. | psychographic segmentation |
C. | benefit segmentation |
D. | occasion segmentation |
Answer» E. | |
110. |
Which of the following is not an agricultural input: |
A. | Seed |
B. | Tractor |
C. | Pesticides |
D. | None of the above |
Answer» E. | |
111. |
When companies market products on the basis of what the product s attributes will do for a given segment of consumers, they are using a form of behavioural segmentation known as: |
A. | occasion segmentation. |
B. | benefit segmentation. |
C. | user status segmentation. |
D. | usage rate segmentation. |
Answer» C. user status segmentation. | |
112. |
Lifestyle is an example of which type of segmentation variable? |
A. | psychographics |
B. | demographics |
C. | usage |
D. | behavioural |
Answer» B. demographics | |
113. |
Consider the following statements:i. A rural customer does not care about brandsii. Rural literacy has now improvediii. Many lifestyle changes have been witnessed in rural areasiv. Decision is no longer centralized in the male head of a rural familyWhich state is incorrect? |
A. | i |
B. | ii |
C. | iii |
D. | iv |
Answer» B. ii | |
114. |
Consider the following statements regarding wholesalers:i. Wholesalers do not grant credit to its cusomersii. Wholesalers absorb some risk by taking titleiii. Wholesalers supply information to suppliers and customersiv. Wholesalers can often provide quicker delivery to buyersWhich statement is incorrect? |
A. | i |
B. | ii |
C. | iii |
D. | iv |
Answer» B. ii | |
115. |
Loyalty status is an example of which type of segmentation variable? |
A. | psychographics |
B. | demographics |
C. | usage |
D. | behavioural |
Answer» E. | |
116. |
Which of the following is not a typical distribution channel member? |
A. | resellers |
B. | consumers |
C. | intermediaries |
D. | government agencies |
Answer» E. | |
117. |
Which of the following is not a key function that intermediaries play in reaching the consumers? |
A. | promotion |
B. | information |
C. | financing |
D. | negotiation |
Answer» E. | |
118. |
Promotion in the rural context has to be: |
A. | recreational |
B. | educational |
C. | endorsed by celebrities |
D. | precise |
Answer» C. endorsed by celebrities | |
119. |
The unpredictable income makes the rural consumer highly conservative and |
A. | value-conscious |
B. | open-minded |
C. | adaptable |
D. | inexperienced |
Answer» B. open-minded | |
120. |
Which entity does not belong in the product marketing sub-system? |
A. | Farmers |
B. | Village/primary traders |
C. | Input manufacturers |
D. | Retailers. |
Answer» D. Retailers. | |
121. |
Rural market is |
A. | shandies or haats |
B. | weekly markets |
C. | village retail stores |
D. | set of consumers in rural areas |
Answer» E. | |
122. |
The products which have attained the maturity stage in urban market are in __________ stage in rural market |
A. | introduction |
B. | growth |
C. | maturity |
D. | decline |
Answer» C. maturity | |
123. |
The following factors provide opportunities for marketers and favour the growth of rural marketing:i. Improved Rural Infrastructureii. Improved Literacy Rateiii. Agriculture Prosperityiv. High cost per contactWhich statement is incorrect? |
A. | i |
B. | ii |
C. | iii |
D. | iv |
Answer» E. | |
124. |
The cost and __________ of accessing consumers in a highly widespread rural market are very different from those involved in reaching urban consumers. |
A. | logistics |
B. | understanding |
C. | labour |
D. | acceptability |
Answer» B. understanding | |
125. |
Rural is a distinct type of market and |
A. | is similar to the urban markets |
B. | is not just a poor extension of the urban areas |
C. | requires the same marketing strategies as urban markets |
D. | none of the above |
Answer» C. requires the same marketing strategies as urban markets | |
126. |
For fast moving consumer goods, rural consumption accounts for __________ share than urban. |
A. | smaller |
B. | larger |
C. | same |
D. | none of the above |
Answer» C. same | |
127. |
While the urban economy thrives mainly on secondary and tertiary activities, the rural economy is driven mainly by primary activities, such as: |
A. | manufacturing |
B. | service |
C. | agriculture |
D. | agriculture, fishing and forestry |
Answer» E. | |
128. |
Marketing to urban and rural markets may differ in all of the following ways except which? |
A. | Accessibility |
B. | Content of message |
C. | Media reach and habits |
D. | Price combined with utility |
Answer» E. | |
129. |
Rural consumers may respond better to promotion that is |
A. | Flashy |
B. | Aggressive |
C. | Personal |
D. | Repetitive |
Answer» D. Repetitive | |
130. |
Rural consumers tend to favour no-frills functional products over |
A. | brand loyalty |
B. | small unit packaging |
C. | value for money |
D. | aggressive sales |
Answer» E. | |
131. |
In line with United Nations Sustainable Development Goals, the Government of India aims to provide tap water regularly to every household by: |
A. | 2022 |
B. | 2030 |
C. | 2035 |
D. | 2040 |
Answer» C. 2035 | |
132. |
Rural marketing means: |
A. | Movement of goods from urban to rural |
B. | Movement of goods from rural to urban |
C. | Exchange between rural and urban |
D. | Exchange between rural areas |
Answer» D. Exchange between rural areas | |
133. |
An intermediary who helps the ultimate rural consumer in identification and selection of brands: |
A. | CFA |
B. | Redistribution stockists |
C. | Wholesaler |
D. | Retailer |
Answer» E. | |
134. |
Rural literacy level that was 25% before independence has now improved to: |
A. | 55% |
B. | 60% |
C. | 64% |
D. | 70% |
Answer» D. 70% | |
135. |
What are businesses that represent, and sell goods on behalf of, other businesses in a specified market called? |
A. | resellers |
B. | traders |
C. | agents |
D. | stockists |
Answer» D. stockists | |
136. |
Commercialization of agriculture implies: |
A. | Cultivation of timbers |
B. | Plantation |
C. | Production of crops for sale |
D. | Production of foodgrains |
Answer» D. Production of foodgrains | |
137. |
A rural marketer needs to understand: |
A. | where rural consumers buy |
B. | what retail behaviour is |
C. | stocking pattern of retailers |
D. | all of the above |
Answer» E. | |
138. |
To increase awareness of products and services among rural consumers, there needs to be an increase in |
A. | rural infrastructure |
B. | penetration of mass media |
C. | agricultural research |
D. | population mobility |
Answer» C. agricultural research | |
139. |
In many products, rural consumption now accounts for a larger share then urban, especially for: |
A. | Washing soaps |
B. | Washing machines |
C. | Microwave |
D. | Refrigerator |
Answer» B. Washing machines | |
140. |
Mobility of rural population to urban areas, metro cities and foreign countries intensifies incomes and, hence, |
A. | purchasing power of rural people |
B. | education of rural people |
C. | connectivity of rural people |
D. | decision making of rural people |
Answer» B. education of rural people | |
141. |
According to studies, the following trends are seen in rural markets |
A. | acceptability among consumers have grown |
B. | availability of products have increased |
C. | infrastructural development have risen |
D. | all of the above |
Answer» E. | |
142. |
Rural markets are: |
A. | concentrated |
B. | homogeneous |
C. | scattered |
D. | none of the above |
Answer» D. none of the above | |
143. |
______________ developments in agriculture results in overall rural development |
A. | Cultural |
B. | Social |
C. | Technological |
D. | Political |
Answer» D. Political | |
144. |
In India, most of the population resides in |
A. | Cities |
B. | Towns |
C. | Urban areas |
D. | Villages |
Answer» E. | |
145. |
The unpredictable income makes the rural consumer |
A. | decisive |
B. | highly conservative |
C. | open to change |
D. | impulsive |
Answer» C. open to change | |
146. |
Large number of villages remain untapped as |
A. | they have low education level |
B. | they are not aware of products |
C. | it is economically not viable |
D. | none of the above |
Answer» D. none of the above | |
147. |
Low population density of villages leads to |
A. | escalating inventory holding |
B. | low inventory holding |
C. | less number of retailers |
D. | lower number of intermediaries |
Answer» B. low inventory holding | |
148. |
Intermediaries play an important role in matching: |
A. | dealer with customer |
B. | supply and demand |
C. | product to region |
D. | information and promotion |
Answer» C. product to region | |
149. |
Which product feature can be used to attract rural consumers? |
A. | functionality |
B. | high-tech |
C. | appearance |
D. | size |
Answer» B. high-tech | |
150. |
The Census of India defines rural as any habitation |
A. | where at least 55% of the male working population is engaged in agriculture |
B. | where at least 65% of the male working population is engaged in agriculture |
C. | where at least 75% of the male working population is engaged in agriculture |
D. | none of the above |
Answer» D. none of the above | |