127
77.1k

180+ Applied Theory of Markets Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Arts in Economics (BA Economics) .

51.

Which of the following is a determinant of channel selection ?

A. nature of product
B. price of the product
C. quantity of the product
D. quality of the product
Answer» A. nature of product
52.

Who is the Middle man in distribution channel ?

A. merchant middle man
B. agent middleman
C. facilitator
D. all of these
Answer» D. all of these
53.

Wholesalers and retailers are: ?

A. facilitators
B. agents
C. merchant middleman
D. industrial buyers
Answer» C. merchant middleman
54.

WhoIs the first intermediary in the channel of distribution?

A. agents
B. retailers
C. wholesalers
D. producer
Answer» A. agents
55.

An ultimate consumer has direct contact with whom?

A. producer
B. retailer
C. wholesaler
D. agents
Answer» B. retailer
56.

Which is The best channel of distribution for Vacuum cleaner?

A. direct marketing
B. mail order business
C. self service
D. none of these
Answer» A. direct marketing
57.

The set of marketing intermediaries through which the goods flow from the producer to consumer, choose the correct name.

A. channel of distribution
B. direct marketing
C. intensive distribution
D. none of these
Answer» A. channel of distribution
58.

The word channel is derived from the French word:

A. cann
B. chaan
C. canal
D. none of these
Answer» C. canal
59.

In a small market , which is better?

A. three level channel
B. two level channel
C. direct marketing
D. all of these
Answer» C. direct marketing
60.

What is the term of “ those who obtain title to goods with a view to selling them at profit”?

A. merchant middlemen
B. agent middle men
C. facilitators
D. all of these
Answer» A. merchant middlemen
61.

Which of the following is not a non storeretailing ?

A. kiosk marketing
B. retail chains
C. direct marketing
D. tele marketing
Answer» D. tele marketing
62.

which type of retailers open their shops on fixed days or dates in a specified area?

A. hawkers
B. kiosks
C. market traders
D. none of these
Answer» C. market traders
63.

Itinerant retailers have :

A. fixed shop/ place of business
B. no fixed shop for business
C. not directly meeting the customer
D. none
Answer» B. no fixed shop for business
64.

Who is an E-tailer ?

A. e-commerce firms
B. sale on the internet
C. internet retailers
D. all of these
Answer» D. all of these
65.

Amazone.com is an example of ?

A. telemarketing
B. direct marketing
C. e-marketing
D. fixed shop retailers
Answer» C. e-marketing
66.

What is term of creating an image about a product or brand in the consumers mind ?

A. positioning
B. target marketing
C. market segmentation
D. product differentiation
Answer» A. positioning
67.

Anything that has the ability to satisfy a consumer need, what is it?

A. price
B. package
C. product
D. promotion
Answer» A. price
68.

Which utility creates Transport system ?

A. place utility
B. time utility
C. cutomer utility
D. all of these
Answer» B. time utility
69.

New product development stage involves :

A. idea generation
B. niche marketing
C. styling
D. product positioning
Answer» A. idea generation
70.

Who is called The dominant member of a marketing channel or supply chain ?

A. channel power
B. channel captain
C. channel manager
D. all of these
Answer» B. channel captain
71.

What is it called, the use of telephone and non personal media to introduce products to consumers, who then can purchase them via mail , telephone or the internet?

A. direct selling
B. direct marketing
C. catalog marketing
D. automatic vending
Answer» B. direct marketing
72.

Which type of communication that build and maintain favorable relationship by informing and persuading to one or more audience to accept their product?

A. horizontal communication
B. diagonal communication
C. promotion
D. vertical communication
Answer» C. promotion
73.

What is the purpose of promotion ?

A. create awareness
B. stimulate demand
C. reduce sales fluctuations
D. all of these
Answer» D. all of these
74.

What all are the elements included in promotion mix ?

A. advertising
B. personal selling
C. public relations
D. all of these
Answer» D. all of these
75.

Sales promotion is an element of :

A. product mix
B. price mix
C. promotion mix
D. none of these
Answer» C. promotion mix
76.

Which kind of Communication is Advertisement?

A. paid
B. non personal
C. direct communication
D. both a & b
Answer» D. both a & b
77.

Which of the following is a paid personal communication ?

A. advertisement
B. personal selling
C. sales promotion
D. telephone communication
Answer» B. personal selling
78.

It is an activity or material , or both , that act as a direct inducement to resellers , sales people and consumers. What is it?

A. sales promotion
B. personal selling
C. advertisement
D. personal relation
Answer» A. sales promotion
79.

Rebate, discounts, window display , samples etc.. are: ?

A. sales promotion technique
B. advertising technique
C. sales management technique
D. distribution technique
Answer» A. sales promotion technique
80.

What does it called communication through mass media?

A. personal selling
B. online marketing
C. advertising
D. none of these
Answer» C. advertising
81.

Choose the name of group of people at whom advertisements are aimed?

A. target audience
B. customers
C. competitors
D. industries
Answer» A. target audience
82.

It is a broad set of communication efforts used to create and maintain favorable relationship between an organization and its stakeholders .

A. public relation
B. vertical communication
C. industrial relation
D. all of these
Answer» A. public relation
83.

Choose the alternative name of Multi-level marketing (MLM) ?

A. pyramid selling
B. network marketing
C. referrel marketing
D. all of these
Answer» D. all of these
84.

Which business discipline is focused on the practical application of sales techniques and the management of a firm's sales operations?

A. sales management
B. operations management
C. distribution management
D. production management.
Answer» A. sales management
85.

What is the main attraction of electronic marketing?

A. high transaction cost
B. low transaction cost
C. no transaction cost
D. veryhigh transaction cost
Answer» B. low transaction cost
86.

E-marketing is a part of:

A. e-payment
B. e-cash
C. e-mail
D. e-commerce
Answer» D. e-commerce
87.

Which of the following is not an e-marketing tool?

A. i-radio
B. mobile phone
C. i-kiosks
D. cinema
Answer» D. cinema
88.

Which is an advertising on the electronic media?

A. e-marketing
B. e-distribution
C. e- advertising
D. e-mail
Answer» C. e- advertising
89.

Which marketing strategy is used under conditions of scarcity and during the period of shortage?

A. meta marketing
B. demarketing
C. reciprocal marketing
D. none of these
Answer» B. demarketing
90.

When advertisement is to create an image or reputation of the firm , Which type od advertisement is this?

A. product ads
B. institutional ads
C. shortage ads
D. comparative ads
Answer» B. institutional ads
91.

What is MPR?

A. managing public relation
B. measuring public relation
C. marketing public relation
D. monitoring public relation
Answer» C. marketing public relation
92.

What is Personal selling?

A. one way communication
B. printed communication
C. direct at individual
D. none of these
Answer» C. direct at individual
93.

What is Publicity ?

A. long term strategy
B. always positive
C. involves cost
D. none of these
Answer» D. none of these
94.

Which of the following is included in Sales promotion ?

A. consumer promotion
B. sales force promotion
C. dealer promotion
D. all of these
Answer» D. all of these
95.

Samples, buy one get one free, coups etc ..belongs to which promotion strategy?

A. consumer promotion
B. sales force promotion
C. trade promotion
D. dealer promotion
Answer» A. consumer promotion
96.

USP stands for :

A. union sales promotion
B. unit sales promotion
C. uniform selling proposition
D. unique selling proposition
Answer» D. unique selling proposition
97.

How many stages involved in Consumer buying decision process?

A. six
B. four
C. five
D. seven
Answer» C. five
98.

Problem recognition, information search, evaluation and purchase is the Stages of :

A. consumer purchase decision
B. decision making process
C. problem solving process
D. pricedetermination process
Answer» A. consumer purchase decision
99.

Life style , attitude ,self-concept are factors of consumer buying process, choose the suitable option.

A. physical factors
B. psychological factors
C. situational factors
D. social factors
Answer» B. psychological factors
100.

Which is the influence that affect the consumer buying process resulting from circumstances , time and location?

A. psychological influence
B. situational influence
C. physical influence
D. social influence
Answer» B. situational influence

Done Studing? Take A Test.

Great job completing your study session! Now it's time to put your knowledge to the test. Challenge yourself, see how much you've learned, and identify areas for improvement. Don’t worry, this is all part of the journey to mastery. Ready for the next step? Take a quiz to solidify what you've just studied.