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This section includes 372 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Business Administration (BBA) knowledge and support exam preparation. Choose a topic below to get started.
201. |
Which of the following factors include forces like small groups, family, social rolesand status that will have an influence on buyer's behavior? |
A. | Cultural factors. |
B. | Psychological factors. |
C. | Personal factors. |
D. | Social factors |
Answer» E. | |
202. |
Fine specialty stores falls into |
A. | High-mark up, lower volume group |
B. | Low-mark up, higher volume group |
C. | High-mark up, higher volume group |
D. | None of the above |
Answer» B. Low-mark up, higher volume group | |
203. |
What type of conflict usually exist when the manufacturer has established two ormore channels that sell in the same market. |
A. | Multi-channel conflict. |
B. | Horizontal channel conflict. |
C. | Vertical channel conflict |
D. | None of the above. |
Answer» B. Horizontal channel conflict. | |
204. |
Eurekha Forbes is popular for its strategy of. |
A. | Personal selling. |
B. | Sales promotion. |
C. | Advertisement. |
D. | Direct marketing. |
Answer» E. | |
205. |
Which type of segmentation, classified consumers according to relevant needs andbuying behavior, regardless of their countries and culture. |
A. | multi-attribute segmentation. |
B. | inter-market segmentation. |
C. | demographic segmentation |
D. | psychographic segmentation. |
Answer» E. | |
206. |
Which one of the following represents the best long-run opportunity in a firm'sportfolio? |
A. | Cash cow. |
B. | Star. |
C. | Question mark. |
D. | Dog. |
Answer» C. Question mark. | |
207. |
Which objective gives importance to productivity, technological leadership,employee relations, etc? |
A. | Long-term objective. |
B. | Short-term objective. |
C. | Medium term objective. |
D. | Annual objective. |
Answer» B. Short-term objective. | |
208. |
Which sources of advantage will be helpful for a firm to achieve positionaladvantage over its competitors? |
A. | Superior skills. |
B. | Superior resources. |
C. | Superior controls. |
D. | All of the above a, b and c. |
Answer» E. | |
209. |
Which of the following items is a component of a good business plan? |
A. | Operating requirements. |
B. | Description of the location/demographics. |
C. | Employee benefits. D. All of the above. |
D. | none |
Answer» B. Description of the location/demographics. | |
210. |
Which type of segmentation is commonly used for climate because of its broadimpact on consumer behavior and product needs. |
A. | geographical segmentation. |
B. | demographic segmentation. |
C. | geo-demographic segmentation. |
D. | geographic segmentation. |
Answer» B. demographic segmentation. | |
211. |
Which method of product portfolio analysis helps indeciding which products areto be retained and which are not to be. |
A. | ansoff matrix. |
B. | strategic environment matrix |
C. | bcg matrix. |
D. | none of the above. |
Answer» D. none of the above. | |
212. |
A traditional format that sell 20-80 percent of groceries and other consumableproduct at discounted prices |
A. | dollar store |
B. | discounted stores |
C. | chain store |
D. | off price store |
Answer» B. discounted stores | |
213. |
In which of the following pricing approaches is pricing based on consumerdemand? |
A. | Functional approach. |
B. | Business approach. |
C. | Market approach. |
D. | Innovative approach. |
Answer» D. Innovative approach. | |
214. |
Slotting fee is related to the costs associated with |
A. | When distributors piles the stock |
B. | When supermarkets accept a new brand |
C. | When manufacturers markets the products |
D. | All of the above |
Answer» C. When manufacturers markets the products | |
215. |
. Consumer do their own picking, pay in cash and carry the merchandise away |
A. | Automated Vending |
B. | Super market |
C. | The Cash and carry |
D. | direct response retail |
Answer» D. direct response retail | |
216. |
A/an ---- helps people understand the behavior patterns that are expected of themin particular circumstances |
A. | advisory policy. |
B. | explicit policy. |
C. | mandatory policy. |
D. | implicit policy. |
Answer» C. mandatory policy. | |
217. |
------ test measure a persons capacity or potential capability to learn and perform ajob. |
A. | aptitude test. |
B. | proficiency test. |
C. | interest test. |
D. | personality test. |
Answer» B. proficiency test. | |
218. |
Layout means perfect.......of store. |
A. | Location |
B. | Site |
C. | Structure |
D. | Variety |
Answer» D. Variety | |
219. |
Which business unit holds a large market share in a mature and slow growingindustry? |
A. | Dog. |
B. | Cash cow. |
C. | Question mark. |
D. | Star. |
Answer» C. Question mark. | |
220. |
Which one of the following represents the best long-run opportunity in a firm's portfolio? |
A. | Cash cow. |
B. | Star. |
C. | Question mark. |
D. | Dog. |
Answer» C. Question mark. | |
221. |
Before a company decides to target a particular segment, which important factorsare to be examined against organizations's objectives and resources? |
A. | Market size. |
B. | Growth rate. |
C. | Structural attractiveness. |
D. | All of the above. |
Answer» E. | |
222. |
Which one of the following is not an internal source of generating ideas for newproduct development |
A. | Market research |
B. | Directed research. |
C. | Need-gap analysis. |
D. | Top management. |
Answer» B. Directed research. | |
223. |
Which type of segmentation is commonly used for climate because of its broad impact on consumer behavior and product needs. |
A. | Geographical segmentation. |
B. | Demographic segmentation. |
C. | Geo-demographic segmentation. |
D. | Geographic segmentation. |
Answer» B. Demographic segmentation. | |
224. |
A private-label brand is developed by |
A. | Wholesalers |
B. | Retailers |
C. | Both a and b |
D. | None of the above |
Answer» D. None of the above | |
225. |
When analyzing your business and its environment it is useful to carefully inspectits:. |
A. | Threats. |
B. | Strengths and weakness. |
C. | Opportunities. |
D. | All of the above. |
Answer» E. | |
226. |
Retailers can evaluate a particular store's sales effectiveness by looking at |
A. | A number of passing on an average day |
B. | Percentage who buy and average amount per sale |
C. | Percentage who enter the store |
D. | All of the above |
Answer» B. Percentage who buy and average amount per sale | |
227. |
Which analysis compares the strengths and weaknesses of a firm against theopportunities and threats in the external environment. |
A. | Environmental analysis. |
B. | Business analysis. |
C. | SWOT analysis. |
D. | None of the above. |
Answer» D. None of the above. | |
228. |
If an organization targets to market a particular product to a variety of segments inorder to build a strong reputation in that product area is called. |
A. | Product specialization |
B. | Market specialization. |
C. | Selective specialization. |
D. | Single-segment concentration. |
Answer» B. Market specialization. | |
229. |
. Agricultural market set up by stae government to procure agricultural producedirectly from farmers |
A. | Haats |
B. | Mandis |
C. | Kirana |
D. | public distribution system |
Answer» C. Kirana | |
230. |
Marketing information system gathers information from internal sources like marketing intelligence and marketing research to help the manager in. |
A. | Assessing the information needs. |
B. | Developing the needed information. |
C. | Distributing the information. |
D. | All of the above |
Answer» E. | |
231. |
. In which of the following pricing approaches is pricing based on consumerdemand? |
A. | functional approach. |
B. | business approach. |
C. | market approach. |
D. | innovative approach. |
Answer» D. innovative approach. | |
232. |
Which method of organizational buying is suitable for he second-hand used vehicles, buildings etc, that have unique characteristics, but vary depending on their condition and usage. |
A. | Inspection. |
B. | Description. |
C. | Sampling. |
D. | Negotiation. |
Answer» B. Description. | |
233. |
Hindustan Motors (HM. alliance with Mitsubishi to manufacture and marketLancer cars in India is an example of. |
A. | Franchise agreement. |
B. | Vertical relationship. |
C. | Technological licence agreement. |
D. | Horizontal integrative relations. |
Answer» D. Horizontal integrative relations. | |
234. |
. Which of the following provides a basis for monitoring and controllingorganizational performance? |
A. | Daily reports |
B. | Weekly reports |
C. | Long-term objectives |
D. | Annual objectives |
Answer» E. | |
235. |
Which of the following will act as a corner stone in maintaining the competitiveness of company |
A. | Market focus. |
B. | Defining capabilities. |
C. | Relationships and organizational change. |
D. | None of the above. |
Answer» B. Defining capabilities. | |
236. |
The set of basic values, perceptions, wants and behaviors learned by a member ofa society from family and other important institutions is called. |
A. | sub-culture. |
B. | social class. |
C. | culture. |
D. | reference groups. |
Answer» D. reference groups. | |
237. |
The final stage of the consumer shopping/purchase model around which all otherstages revolves is the. |
A. | buy decision stage. |
B. | active information gathering stage. |
C. | purchase stage. |
D. | post-purchase evaluation stage. |
Answer» E. | |
238. |
Which of the following factors influence the organizational buying decisionprocess? |
A. | buyers objectives. |
B. | purchasing policies and resources |
C. | size and composition or buyers. |
D. | all of the above. |
Answer» E. | |
239. |
Which of the following factors influence the organizational buying decision process? |
A. | Buyers objectives. |
B. | Purchasing policies and resources |
C. | Size and composition or buyers. |
D. | All of the above. |
Answer» E. | |
240. |
What is not easy to change in Retail Management? |
A. | promotion |
B. | location |
C. | price |
D. | merchandise mix |
Answer» C. price | |
241. |
Which is not the basic reason of the importance of Retail Location? |
A. | customer convenience |
B. | competitive advantage |
C. | cost of investment |
D. | light and ventilation |
Answer» E. | |
242. |
Which products are produced and marketed by companies to many retailers? |
A. | national brands |
B. | local brands |
C. | unbranded |
D. | commodities |
Answer» B. local brands | |
243. |
The layout that has parallel aisles with merchandise on shelves on both sides of the aisles is _______. |
A. | racetrack |
B. | standee |
C. | grid |
D. | loop |
Answer» D. loop | |
244. |
Free standing sites are located at ____________ |
A. | traffic signals at highways |
B. | high pedestrian traffic area |
C. | remote locations |
D. | low pedestrian traffic area |
Answer» C. remote locations | |
245. |
Freedom layout indicates that merchandise is arranged ______________. |
A. | in a symmetrical manner |
B. | in circles |
C. | in an asymmetrical manner |
D. | non to the options |
Answer» D. non to the options | |
246. |
For which retail offering location is very important? |
A. | mail order |
B. | party plan |
C. | departmental store |
D. | catalogue marketing |
Answer» D. catalogue marketing | |
247. |
How difficult it is to change retail location frequently? |
A. | extremely difficult |
B. | not difficult at all |
C. | absolutely easy |
D. | some what difficult |
Answer» B. not difficult at all | |
248. |
A retailer’s ______________ is the key to its ability to attract customers. |
A. | location |
B. | promotion system |
C. | pricing system |
D. | store personnel |
Answer» B. promotion system | |
249. |
A store that stocks particular type of merchandise |
A. | convenience |
B. | speciality |
C. | departmental |
D. | non store |
Answer» C. departmental | |
250. |
The products which enjoy popularity and generte lot of sales in a short span of time and later go out of fashion |
A. | fad |
B. | category killers |
C. | variety |
D. | assortment |
Answer» B. category killers | |