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				This section includes 1437 Mcqs, each offering curated multiple-choice questions to sharpen your General Management knowledge and support exam preparation. Choose a topic below to get started.
| 101. | 
                                    PLC defines that profit at introduction stage is? | 
                            
| A. | Rising profit | 
| B. | Less profit | 
| C. | No profit | 
| D. | Maximum profit | 
| Answer» B. Less profit | |
| 102. | 
                                    As per PLC, the rate of sales at Growth stage is ? | 
                            
| A. | Gradually increasing | 
| B. | Peak sales | 
| C. | Decline | 
| D. | Nil sales | 
| Answer» B. Peak sales | |
| 103. | 
                                    Market testing is otherwise known as? | 
                            
| A. | Marketing test | 
| B. | Test marketing | 
| C. | Commercialization | 
| D. | None of these | 
| Answer» C. Commercialization | |
| 104. | 
                                    Which one of the following belongs to Trade services? | 
                            
| A. | Consulting, finance and banking. | 
| B. | Retailing, maintenance and repair. | 
| C. | Communications and transportation. | 
| D. | Restaurants and health care | 
| Answer» C. Communications and transportation. | |
| 105. | 
                                    Which linkage within The Service Triangle reflects the ease with which a customer uses a bank's ATM? | 
                            
| A. | The systems--the customer | 
| B. | The service strategy--the customer | 
| C. | The systems--the people | 
| D. | The service strategy--the systems | 
| Answer» E. | |
| 106. | 
                                    Which of the following factors does not influence adequate service? | 
                            
| A. | Lasting service intensifiers | 
| B. | Temporary service intensifiers | 
| C. | Self-perceived service role | 
| D. | None of the above | 
| Answer» B. Temporary service intensifiers | |
| 107. | 
                                    The mutual fund market can be segmented based on the investment objective of the investors. Since customerneeds are different, the market can be segmented into the various funds based on the differences. Which of thefollowing funds provides capital appreciation over the medium to long term? | 
                            
| A. | Income funds | 
| B. | Growth funds | 
| C. | Tax saving schemes | 
| D. | Money market funds | 
| Answer» C. Tax saving schemes | |
| 108. | 
                                    What is the process of offering customized services to individual customers by using flexible processes, without foregoing the advantages of mass production? | 
                            
| A. | Market specialization | 
| B. | Full market coverage | 
| C. | Mass customization | 
| D. | Mass marketing | 
| Answer» B. Full market coverage | |
| 109. | 
                                    Heterogeneity of services among telecom service providers makes which method ofpricing a major problem? | 
                            
| A. | Demand based pricing approach | 
| B. | Competition based pricing approach | 
| C. | Perceived value based pricing approach | 
| D. | Costing based pricing approach | 
| Answer» C. Perceived value based pricing approach | |
| 110. | 
                                    Service Guarantees are not appropriate when | 
                            
| A. | It is easy to invoke | 
| B. | Buyer resistance is high | 
| C. | It involves restitution | 
| D. | Price of the service is low | 
| Answer» C. It involves restitution | |
| 111. | 
                                    Yield Management assumes importance in the context of | 
                            
| A. | Waiting line strategies | 
| B. | Supply and demand management | 
| C. | Retention strategies | 
| D. | Repositioning | 
| Answer» C. Retention strategies | |
| 112. | 
                                    A service organization can deliver quality service to its customers if it follows a systematic method in identifyingthecustomers‘ needs. Christopher Lovelock suggested that the various supplementary services offered acrossvarious industries can be grouped into eight categories. Which of the following is not one of these categories? | 
                            
| A. | Order-giving | 
| B. | Hospitality | 
| C. | Consultation | 
| D. | Safekeeping | 
| Answer» B. Hospitality | |
| 113. | 
                                    _____________ occurs when a company intentionally uses services as the stage, and goods as theprops, to engage individual customers in a way that creates a memorable event. | 
                            
| A. | Hybrid offer | 
| B. | Core service | 
| C. | Augmented or ancillary product | 
| D. | Experience | 
| Answer» C. Augmented or ancillary product | |
| 114. | 
                                    The increased professionalism in the management of attractions has resulted in, what? | 
                            
| A. | The adoption of marketing philosophy | 
| B. | Better training for personnel | 
| C. | Closer match between the market and the supply of attractions | 
| D. | All of the Above | 
| Answer» E. | |
| 115. | 
                                    Services are characterized by all of the following characteristics except for: | 
                            
| A. | Intangibility | 
| B. | Homogeneity | 
| C. | Perishability | 
| D. | Heterogeneity | 
| Answer» E. | |
| 116. | 
                                    Service sector that provided outsourced services such as advertising, credit reporting andcollection and building maintenance to businesses is known as _______. | 
                            
| A. | business services. | 
| B. | hospitality services. | 
| C. | health care services. | 
| D. | professional services. | 
| Answer» B. hospitality services. | |
| 117. | 
                                    Which amongst the following is a dimension of credence qualities? | 
                            
| A. | Competence | 
| B. | Communications | 
| C. | Tangibility | 
| D. | Responsiveness | 
| Answer» B. Communications | |
| 118. | 
                                    Companies are now offering services like selling and delivering products over the internet. What is this kind of business service known as? | 
                            
| A. | Outsourcing | 
| B. | E-commerce | 
| C. | Reengineering | 
| D. | BPOing | 
| Answer» C. Reengineering | |
| 119. | 
                                    Which of the following groups is called boundary spanners? | 
                            
| A. | Top management | 
| B. | Front line employees | 
| C. | Market research analysts | 
| D. | All the above | 
| Answer» C. Market research analysts | |
| 120. | 
                                    80/20 rule is: | 
                            
| A. | Percentage of marks obtained by the service providers | 
| B. | 20% of customers produce 80% of sales | 
| C. | A simple mathematical equation whose answer is 4 | 
| D. | A salesman incentive scheme | 
| Answer» C. A simple mathematical equation whose answer is 4 | |
| 121. | 
                                    Tell which statements are incorrect? | 
                            
| A. | Customers can coproduce services. | 
| B. | Customers can be educated to take part in service coproduction. | 
| C. | Once customers are taught to coproduce services, they can be left alone to produce their own services. | 
| D. | Customer coproduction can range from co‐producing the complete service through producing the full service. | 
| Answer» D. Customer coproduction can range from co‐producing the complete service through producing the full service. | |
| 122. | 
                                    Which of the following is NOT an example of consumer behaviour: | 
                            
| A. | Claire buying a new car | 
| B. | Ashley buying a new home theatre/cinema system | 
| C. | Sarah deciding on a college or university to attend | 
| D. | Marcus ordering a new computer system for his work | 
| Answer» E. | |
| 123. | 
                                    Which of the following is not a factor that will influence customer satisfaction ordissatisfaction during the service encounter? | 
                            
| A. | Spontaneity | 
| B. | Image | 
| C. | Empathy | 
| D. | Recover | 
| Answer» B. Image | |
| 124. | 
                                    When a music concert is recorded in a CD, which of the following sentences are correct? | 
                            
| A. | The CD becomes a service | 
| B. | The CD becomes a service product | 
| C. | The CD becomes both neither product nor service | 
| D. | The concert and the CD together become a service with a tangible product. | 
| Answer» E. | |
| 125. | 
                                    Industries that do not compromise the activities that are called tourism is. | 
                            
| A. | the restaurant and travel industries | 
| B. | the hospitality and travel industries | 
| C. | the mining and groceries | 
| D. | the hospitality and destination industries | 
| Answer» D. the hospitality and destination industries | |
| 126. | 
                                    Which one of the following belongs to social/personal services? | 
                            
| A. | Consulting, finance and banking. | 
| B. | Retailing, maintenance and repair. | 
| C. | Communications and transportation. | 
| D. | Restaurants and health care | 
| Answer» E. | |
| 127. | 
                                    What is benchmarking? | 
                            
| A. | A PA system | 
| B. | A measure of productivity | 
| C. | A standard against which performance is measured | 
| D. | A process where a firm sets a target for itself | 
| Answer» E. | |
| 128. | 
                                    Which of the following can be described as an affective mental state? | 
                            
| A. | Attitudes | 
| B. | Opinions | 
| C. | Values | 
| D. | Conative | 
| Answer» B. Opinions | |
| 129. | 
                                    Identify the risk that arises from a bad product/service choice, that harms one’sself image. | 
                            
| A. | Psychological risk | 
| B. | Physical risk | 
| C. | Social risk | 
| D. | Time risk | 
| Answer» C. Social risk | |
| 130. | 
                                    Which of the following is not a type of broadcast media used for advertising? | 
                            
| A. | TV | 
| B. | Radio | 
| C. | Newspapers | 
| D. | Internet | 
| Answer» C. Newspapers | |
| 131. | 
                                    Personal services like tooth whitening and plastic surgery satisfy ____ needs of a person. | 
                            
| A. | Ego | 
| B. | Psychological | 
| C. | Self-actualization | 
| D. | Safety | 
| Answer» E. | |
| 132. | 
                                    Amenities, support facilities and services, tend to be operated by what type of enterprises? | 
                            
| A. | Medium and Large-Sized enterprises | 
| B. | Small and Large-sized enterprises | 
| C. | Small and Medium-sized enterprises | 
| D. | Large-sized enterprises | 
| Answer» D. Large-sized enterprises | |
| 133. | 
                                    The ability of the service provider to accurately perform the promised service is referred to as: - | 
                            
| A. | Assurance | 
| B. | Responsiveness | 
| C. | Reliability | 
| D. | Tangibles | 
| Answer» B. Responsiveness | |
| 134. | 
                                    ______ are customers who have an above average propensity to complain. | 
                            
| A. | Irates | 
| B. | Voicers | 
| C. | Activists | 
| D. | None of the above | 
| Answer» C. Activists | |
| 135. | 
                                    The marketing services agencies | 
                            
| A. | Marketing consulting firms | 
| B. | Media firms | 
| C. | Marketing research firms | 
| D. | All of above d | 
| Answer» E. | |
| 136. | 
                                    Who has developed the GASs Model? | 
                            
| A. | Zeithmal and Bitner | 
| B. | Zeithmal and Berry | 
| C. | Zeithmal, Parsuraman and Bitner | 
| D. | Zeithmal, Parsuraman and Berry | 
| Answer» D. Zeithmal, Parsuraman and Berry | |
| 137. | 
                                    Low cost airlines have changed the face of airline travel in India. In this scenario, whichof the followings strategies cannot be considered as a good marketing strategy for anairline like Air Sahara? | 
                            
| A. | Remove non-value added cost | 
| B. | Provide better service quality | 
| C. | Stop special offers and discount schemes | 
| D. | Develop trade alliances with travel agents | 
| Answer» D. Develop trade alliances with travel agents | |
| 138. | 
                                    The channel alternative need to be assessed on basis of | 
                            
| A. | Economic criteria | 
| B. | Control criteria | 
| C. | Adaptive criteria | 
| D. | All of the above | 
| Answer» E. | |
| 139. | 
                                    What does FMCG stand for? | 
                            
| A. | 'free moving consumer goods' | 
| B. | 'fast moving consultation groups' | 
| C. | 'fast moving consumer groups' | 
| D. | 'fast moving consumer goods' | 
| Answer» D. 'fast moving consumer goods' | |
| 140. | 
                                    Which one of the following belongs to public administration services? | 
                            
| A. | Education and Government. | 
| B. | Retailing, maintenance and repair. | 
| C. | Communications and transportation. | 
| D. | Restaurants and health care. | 
| Answer» D. Restaurants and health care. | |
| 141. | 
                                    The growth in the number of time-pressured consumers has led to an increase in timesavingservices such as: | 
                            
| A. | Restaurants | 
| B. | Housekeeping | 
| C. | Hairstyling shops | 
| D. | All of the above | 
| Answer» E. | |
| 142. | 
                                    The world's largest industry in the private sector and highest projected generator of jobs is: | 
                            
| A. | Business services | 
| B. | The hospitality industry | 
| C. | Health services | 
| D. | Professional services | 
| Answer» D. Professional services | |
| 143. | 
                                    Which one of the following belongs to Infrastructure services? | 
                            
| A. | Consulting, finance and banking. | 
| B. | Retailing, maintenance and repair. | 
| C. | Communications and transportation. | 
| D. | Restaurants and health care | 
| Answer» D. Restaurants and health care | |
| 144. | 
                                    Which among the following is not one of the requirements for effective segmentationof markets? | 
                            
| A. | Measurability | 
| B. | Accessibility | 
| C. | Substitutability | 
| D. | Validity | 
| Answer» C. Substitutability | |
| 145. | 
                                    Which of the following fields would be least likely to be described as intangible-dominant? | 
                            
| A. | Manufacturing | 
| B. | Education | 
| C. | Insurance | 
| D. | Banking | 
| Answer» B. Education | |
| 146. | 
                                    Pure tangible good and pure services are two extremes of | 
                            
| A. | market offering | 
| B. | exchange of goods | 
| C. | ownership | 
| D. | logistic channels | 
| Answer» B. exchange of goods | |
| 147. | 
                                    The professional and business sector includes all of the following except: | 
                            
| A. | Computer services | 
| B. | Legal advice | 
| C. | Hospitals | 
| D. | Accounting | 
| Answer» D. Accounting | |
| 148. | 
                                    Park and Ride Schemes, Cycle Ways and Explorer Buses are examples of what? | 
                            
| A. | Attractions | 
| B. | Amenities | 
| C. | Innovative Ancillary services | 
| D. | Innovative transport provision | 
| Answer» E. | |
| 149. | 
                                    Some three star hotels like Taj Tri-Star at Hyderabad offer a free dinner to kids accompanying adults, during apromotional campaign. This is an example of | 
                            
| A. | Sampling | 
| B. | Quantity promotion | 
| C. | Premiums | 
| D. | Coupons | 
| Answer» E. | |
| 150. | 
                                    If a firm is practicing ____________________, the firm is training and effectively motivating its customer-contact employees and all of the supporting service people to work as a team to providecustomer satisfaction. | 
                            
| A. | Double-up marketing | 
| B. | Internal marketing | 
| C. | Interactive marketing | 
| D. | Service marketing | 
| Answer» C. Interactive marketing | |