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				This section includes 315 Mcqs, each offering curated multiple-choice questions to sharpen your Marketing and Marketing Management knowledge and support exam preparation. Choose a topic below to get started.
| 1. | 
                                    Physical distribution channels includes | 
                            
| A. | Retailers | 
| B. | Wholesalers | 
| C. | Both a and b | 
| D. | None of the above | 
| Answer» D. None of the above | |
| 2. | 
                                    The strategy to segregate small amount of gains from large amount of loss includes | 
                            
| A. | cancellation principle | 
| B. | segregate principle | 
| C. | silver lining principle | 
| D. | golden lining principle | 
| Answer» D. golden lining principle | |
| 3. | 
                                    Idea of advertising efficiency initial come to prominence in the | 
                            
| A. | 1991 | 
| B. | 1990 | 
| C. | 1997 | 
| D. | 1995 | 
| Answer» C. 1997 | |
| 4. | 
                                    According to expectancy model, the redesigning of the whole product is classified as | 
                            
| A. | fake positioning | 
| B. | real positioning | 
| C. | brand positioning | 
| D. | market positioning | 
| Answer» C. brand positioning | |
| 5. | 
                                    The simple and routine exchanges with moderate level of cooperation and exchange of information is classified as | 
                            
| A. | basic buying and selling | 
| B. | contractual selling | 
| C. | contractual buying | 
| D. | cooperative systems | 
| Answer» B. contractual selling | |
| 6. | 
                                    The process of learning the differences from similar stimulus and adjusting responses accordingly is classified as | 
                            
| A. | discrimination | 
| B. | motivation drive | 
| C. | motivation cue | 
| D. | behavior learning | 
| Answer» B. motivation drive | |
| 7. | 
                                    The stronger buyer and seller ties are facilitated in | 
                            
| A. | vertical coordination | 
| B. | horizontal coordination | 
| C. | contract coordination | 
| D. | selling coordination | 
| Answer» B. horizontal coordination | |
| 8. | 
                                    The failure of product that increases the likelihood of customer's purchasing products with warranty is an example of | 
                            
| A. | anchoring heuristic | 
| B. | adjusting heuristic | 
| C. | availability heuristic | 
| D. | geographical heuristic | 
| Answer» D. geographical heuristic | |
| 9. | 
                                    The companies join together to gain more discounts on volume purchases are classified as | 
                            
| A. | barter alliances | 
| B. | buying markets | 
| C. | buying alliances | 
| D. | private exchanges | 
| Answer» D. private exchanges | |
| 10. | 
                                    The electronic markets in which prices fluctuate in every second are classified as | 
                            
| A. | spot markets | 
| B. | exchange markets | 
| C. | vertical markets | 
| D. | Both a and b | 
| Answer» E. | |
| 11. | 
                                    The 'stages in the adoption process' involves | 
                            
| A. | awareness | 
| B. | interest | 
| C. | evaluation and trial | 
| D. | all of above | 
| Answer» E. | |
| 12. | 
                                    When more and more extrinsic factors play role in the buying decision, the customer most probably follow | 
                            
| A. | peripheral route | 
| B. | central route | 
| C. | expectancy cue | 
| D. | value cue | 
| Answer» B. central route | |
| 13. | 
                                    Technical root for targeting results is | 
                            
| A. | optimization | 
| B. | segmentation | 
| C. | accountability | 
| D. | targeting | 
| Answer» B. segmentation | |
| 14. | 
                                    The delivery and credit services are part of | 
                            
| A. | marketing strategy | 
| B. | augmented product | 
| C. | non-augmented product | 
| D. | positioning strategy | 
| Answer» C. non-augmented product | |
| 15. | 
                                    The limited and temporary repository of useful information is classified as | 
                            
| A. | long term memory | 
| B. | short term memory | 
| C. | permanent memory | 
| D. | None of above | 
| Answer» C. permanent memory | |
| 16. | 
                                    An approach to advertising which chooses an suitable period and place for delivery of a advertising message is | 
                            
| A. | services marketing | 
| B. | right-time marketing | 
| C. | guerrilla marketing | 
| D. | demand chain | 
| Answer» C. guerrilla marketing | |
| 17. | 
                                    The use of mental shortcuts or use of thumb rules in buying products are classified as | 
                            
| A. | heuristics | 
| B. | realistic | 
| C. | realistic | 
| D. | social heuristic | 
| Answer» B. realistic | |
| 18. | 
                                    The parents and siblings are the part of | 
                            
| A. | family orientation | 
| B. | inspirational orientation | 
| C. | group orientation | 
| D. | opinion orientation | 
| Answer» B. inspirational orientation | |
| 19. | 
                                    In the buying process, the group that have indirect impact on consumers is classified as | 
                            
| A. | primary groups | 
| B. | secondary groups | 
| C. | membership groups | 
| D. | formal groups | 
| Answer» C. membership groups | |
| 20. | 
                                    The strategy to integrate larger gains with smaller losses involved | 
                            
| A. | lining principle | 
| B. | cancellation principle | 
| C. | golden lining principle | 
| D. | segregate principle | 
| Answer» C. golden lining principle | |
| 21. | 
                                    The markets which include buying from manufacturers rather than intermediaries is classified as | 
                            
| A. | relative buyers | 
| B. | price sensitive buyers | 
| C. | business markets | 
| D. | consumer markets | 
| Answer» D. consumer markets | |
| 22. | 
                                    The negative situational factors are part of | 
                            
| A. | Strengths | 
| B. | Weaknesses | 
| C. | Opportunities | 
| D. | Threats | 
| Answer» C. Opportunities | |
| 23. | 
                                    The resources such as oil, coal, gas and other minerals are known as | 
                            
| A. | renewable resources | 
| B. | non-renewable resource | 
| C. | Both a and b | 
| D. | none of above | 
| Answer» C. Both a and b | |
| 24. | 
                                    The factors that must be considered while designing the pricing strategies are | 
                            
| A. | price of competitors | 
| B. | strategies of competitors | 
| C. | marketing strategy | 
| D. | all of above | 
| Answer» E. | |
| 25. | 
                                    The buying mode in which the buyer changes product prices and requirements is classified as | 
                            
| A. | modified rebuy | 
| B. | modified buy | 
| C. | modified buyers | 
| D. | modified task | 
| Answer» B. modified buy | |
| 26. | 
                                    The individuals who use the products and initiate defining the product requirements are classified as | 
                            
| A. | users | 
| B. | influencers | 
| C. | deciders | 
| D. | initiators | 
| Answer» B. influencers | |
| 27. | 
                                    The forces and factors that shape customers preferences and behaviors are known as | 
                            
| A. | the cultural environment | 
| B. | the demographic environment | 
| C. | the economic environment | 
| D. | the political environment | 
| Answer» B. the demographic environment | |
| 28. | 
                                    The buying person's spouse and children is classified | 
                            
| A. | family of procreation | 
| B. | family orientation | 
| C. | inspiration orientation | 
| D. | group orientation | 
| Answer» B. family orientation | |
| 29. | 
                                    Step in the information search in the buying process, the milder search state is classified as | 
                            
| A. | less attention | 
| B. | heightened attention | 
| C. | data attention | 
| D. | research attention | 
| Answer» C. data attention | |
| 30. | 
                                    The process about how the individual customer come to know about the market offering, is classified as | 
                            
| A. | total set of brands | 
| B. | brands awareness | 
| C. | consideration set | 
| D. | availability set | 
| Answer» C. consideration set | |
| 31. | 
                                    The perceptual process in which customer's remember good points about brand as compared to competing brand is | 
                            
| A. | selective noticing | 
| B. | selective shopping | 
| C. | selective attention | 
| D. | selective retention | 
| Answer» E. | |
| 32. | 
                                    Push cash also recognized as | 
                            
| A. | sampling | 
| B. | point-of-purchase displays | 
| C. | spiffs | 
| D. | glorifier | 
| Answer» D. glorifier | |
| 33. | 
                                    The family, friends, coworkers and neighbors are classified as | 
                            
| A. | membership groups | 
| B. | formal groups | 
| C. | transaction group | 
| D. | informal groups | 
| Answer» B. formal groups | |
| 34. | 
                                    A person's pattern of living and as expressed in activities and opinions is best classified as | 
                            
| A. | role | 
| B. | status | 
| C. | lifestyle | 
| D. | personality | 
| Answer» D. personality | |
| 35. | 
                                    The persuasion route based on customer rational consideration and buying diligence is explained in | 
                            
| A. | value cues | 
| B. | central route | 
| C. | peripheral route | 
| D. | central cues | 
| Answer» C. peripheral route | |
| 36. | 
                                    The perceptual process in which people notice and usually anticipate is called | 
                            
| A. | selective attention | 
| B. | selective shopping | 
| C. | selective ad watching | 
| D. | selective noticing | 
| Answer» B. selective shopping | |
| 37. | 
                                    The pricing strategy in which prices are based on cost of distribution and production plus fair return rate is classified as | 
                            
| A. | cost based pricing | 
| B. | differentiated pricing | 
| C. | competitive pricing | 
| D. | value added pricing | 
| Answer» B. differentiated pricing | |
| 38. | 
                                    The groups that people think to join are classified as | 
                            
| A. | leader groups | 
| B. | party groups | 
| C. | aspiration groups | 
| D. | associative groups | 
| Answer» D. associative groups | |
| 39. | 
                                    The traditional supply situation in which the focus is on competition rather than cooperation is classified as | 
                            
| A. | customer supply | 
| B. | contract supply | 
| C. | cooperation supply | 
| D. | bare buying | 
| Answer» B. contract supply | |
| 40. | 
                                    In modified rebuy, the suppliers that see opportunities to expand business are classified as | 
                            
| A. | in-suppliers | 
| B. | out-suppliers | 
| C. | modified suppliers | 
| D. | new suppliers | 
| Answer» C. modified suppliers | |
| 41. | 
                                    The purchases of schools, nursing homes, prisons and other institutions are classified as | 
                            
| A. | government markets | 
| B. | consumer markets | 
| C. | institutional markets | 
| D. | business markets | 
| Answer» D. business markets | |
| 42. | 
                                    The customer will be delighted of the purchase if it is | 
                            
| A. | post purchase actions | 
| B. | performance exceeds expectation | 
| C. | performance shorts of expectations | 
| D. | performance meets expectations | 
| Answer» C. performance shorts of expectations | |
| 43. | 
                                    In growth-share matrix, the high growth and high share SBU's are considered as | 
                            
| A. | Stars | 
| B. | Cash Cows | 
| C. | Question marks | 
| D. | Dogs | 
| Answer» B. Cash Cows | |
| 44. | 
                                    The sum of variable costs and fixed costs is called | 
                            
| A. | total costs | 
| B. | overhead costs | 
| C. | markup costs | 
| D. | Both a and b | 
| Answer» B. overhead costs | |
| 45. | 
                                    When the marketers offer the products which is representation of the category as a whole is classified as | 
                            
| A. | representative heuristic | 
| B. | motivation heuristic | 
| C. | expectancy heuristic | 
| D. | psychological heuristic | 
| Answer» B. motivation heuristic | |
| 46. | 
                                    The convenient products and services are mostly served to the customers who are | 
                            
| A. | geographically constrained | 
| B. | time constrained | 
| C. | money constrained | 
| D. | Both b and c | 
| Answer» E. | |
| 47. | 
                                    The eight stages in buying process is called | 
                            
| A. | buy phase | 
| B. | purchase phase | 
| C. | sell phase | 
| D. | off phase | 
| Answer» B. purchase phase | |
| 48. | 
                                    The way in which consumer's categorize and record financial outcomes of the market offering is classified as | 
                            
| A. | critical accounting | 
| B. | decision accounting | 
| C. | mental accounting | 
| D. | geographical accounting | 
| Answer» D. geographical accounting | |
| 49. | 
                                    The needs that arise from psychological states such as need of belonging are classified as | 
                            
| A. | psychogenic | 
| B. | biogenic | 
| C. | formal needs | 
| D. | monitored needs | 
| Answer» B. biogenic | |
| 50. | 
                                    An unlimited and permanent repository of useful information is classified as | 
                            
| A. | temporary memory | 
| B. | motivational memory | 
| C. | long term memory | 
| D. | short term memory | 
| Answer» D. short term memory | |