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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) .

151.

What is the reason of Popularity of e-commerce?

A. most safe delivery
B. lower price for product
C. no warehousing is needed
D. global access
Answer» D. global access
152.

What is the feature of Any time business?

A. physical distribution
B. online marketing
C. e-commerce
D. all of these
Answer» C. e-commerce
153.

Super markets , hire purchase shops , street stall holders etc .. belongs to which category?

A. itinerant retailers
B. fixed shop retailers
C. small scale retailers
D. large scale retailers
Answer» B. fixed shop retailers
154.

Who are Itinerant retailers?

A. having fixed shops
B. having shops
C. having no fixed shops
D. having no fixed place for selling
Answer» D. having no fixed place for selling
155.

Home parties ,mail order, tele marketing etc… belong to which type of marketing?

A. indirect marketing
B. direct marketing
C. one level channel
D. all of these
Answer» B. direct marketing
156.

Which type marketing coca cola company has used?

A. meta marketing
B. mega marketing
C. mass marketing
D. event marketing
Answer» C. mass marketing
157.

The group of elements price ,product ,promotion and place constitute :

A. market mix
B. product mix
C. marketing mix
D. promotion mix
Answer» C. marketing mix
158.

Which concept is based on the principle that marketing is not a department , but it is pervasive throughout the company ?

A. production
B. holistic
C. modern
D. selling
Answer» B. holistic
159.

What refers to product planning?

A. merchandising
B. assembling
C. r&d
D. none of these
Answer» A. merchandising
160.

Name Market where goods are transacted on the spot or immediately.

A. perfect market
B. spot market
C. future market
D. none of these
Answer» B. spot market
161.

The market in which goods are bought and sold in bulk quantity :

A. retail market
B. world market
C. wholesale market
D. none of these
Answer» C. wholesale market
162.

Market where shares, debentures, bonds etc…of companies are bought and sold :

A. money market
B. stock market
C. foreign exchange market
D. international market
Answer» B. stock market
163.

Where Marketing is applicable?

A. goods
B. property
C. events
D. all of these
Answer» D. all of these
164.

Rural consumers are:

A. price sensitive
B. less price sensitive
C. quality conscious
D. none of these
Answer» A. price sensitive
165.

An organization directs its marketing efforts at two or more segments by developing a marketing mix for each segment. Which is this approach?

A. total market approach
B. concentration approach
C. multi- segment approach
D. none of these
Answer» C. multi- segment approach
166.

Which of the following is not an element of demographic segmentation?

A. family size
B. income
C. population density
D. religion
Answer» C. population density
167.

Name The process of assessing the relative worth of different market segments and selecting one or more segments ?

A. target marketing
B. market segmentation
C. product differentiation
D. none of these
Answer» A. target marketing
168.

The process of introducing higher quality products by a manufacturer , which term is correct?

A. trading up
B. trading down
C. quality high
D. none of these
Answer» A. trading up
169.

Under which category of consumer goods TV falls ?

A. convenience goods
B. shopping goods
C. brown goods
D. yellow goods
Answer» C. brown goods
170.

“fixing very low price to stimulate the growth of the market”. Give the name of pricing strategy.

A. cost plus pricing
B. skimming pricing
C. target pricing
D. none of these
Answer» D. none of these
171.

A brand name which is used for several products belonging to the same company is called:

A. trade mark
B. individual brand
C. family brand
D. multiple brand
Answer» C. family brand
172.

Give the expansion of FMCG.

A. fast movable customer goods
B. fast moving customer goods
C. fast moving consumer goods
D. fast moved consumer goods
Answer» C. fast moving consumer goods
173.

Name the channel of distribution which consists of manufacturer and consumer.

A. zero level channel
B. nil channel
C. one level channel
D. none of these
Answer» A. zero level channel
174.

Which of the following market where there is no physical delivery of goods ?

A. spot market
B. future market
C. perfect market
D. none of these
Answer» B. future market
175.

Economic forces of marketing environment include:

A. economic condition
B. buying power
C. peoples willingness to spend
D. all of these
Answer» D. all of these
176.

Which type of market is Levi strauss (jeans)?

A. monopoly
B. monopolistic competition
C. oligopoly
D. duopsony
Answer» B. monopolistic competition
177.

A buyer searches information of product from

A. internally
B. external search only
C. no search about product
D. both internal and external search
Answer» D. both internal and external search
178.

What is Situational influence of buyer decision process?

A. time
B. perception
C. location
D. both a& c
Answer» D. both a& c
179.

Which Motive that influence where a person purchase product on a regular basis?

A. patronage motive
B. buying motive
C. consumption motive
D. none of these
Answer» A. patronage motive
180.

Which of the following involvesthe development of Graphic design for a product ?

A. branding
B. labeling
C. packaging
D. both b & c
Answer» C. packaging
181.

What is closely related with packaging and is used for identification, promotional and informational purpose?

A. branding
B. labeling
C. grading
D. packaging
Answer» B. labeling
182.

Which activity coordinates advertising ,personal selling, sales promotion, publicity and packaging?

A. promotion
B. management
C. marketing
D. all of these
Answer» A. promotion

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