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700+ Marketing Management Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Commerce (B Com) .

1.

Marketing is a process of converting the potential customers into …………..

A. actual customers
B. prospective customers
C. marketers
D. none of these
Answer» A. actual customers
2.

Marketing is a …………..process

A. goal oriented
B. exchange
C. social
D. all of these
Answer» D. all of these
3.

Which of the following is not included in the function of physical supply?

A. standardization
B. storage
C. transport
D. packaging
Answer» A. standardization
4.

All forces or factors that effect marketing policies, decisions and operations of a business constitute..

A. marketing mix
B. marketing environment
C. marketing control
D. none of these
Answer» B. marketing environment
5.

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

A. market mix
B. marketing mix
C. product mix
D. promotion mix
Answer» B. marketing mix
6.

The concept of marketing mix was developed by

A. philip kotler
B. stapleton
C. n.h borden
D. albert w emery
Answer» C. n.h borden
7.

Market where goods are transacted on the spot or immediately

A. future market
B. spot market
C. perfect market
D. none of these
Answer» B. spot market
8.

Market where there is no physical delivery of goods

A. future market
B. spot market
C. perfect market
D. none of these
Answer» A. future market
9.

Markets which are organized and regulated by statutory measure are

A. regulated markets
B. unregulated markets
C. world market
D. none of these
Answer» A. regulated markets
10.

The markets in which goods are bought and sold in bulk quantities.

A. wholesale market
B. retail market
C. world market
D. none of these
Answer» A. wholesale market
11.

Market in which gold and silver are sold

A. commodity market
B. produce market
C. bullion market
D. none of these
Answer» C. bullion market
12.

Market where money is lend and borrowed

A. money market
B. foreign exchange market
C. stock market
D. none of these
Answer» A. money market
13.

Marketing is applicable in …………

A. goods
B. events
C. property
D. all of these
Answer» D. all of these
14.

Risk bearing is a function of…………

A. research
B. exchange
C. physical supply
D. facilitating
Answer» D. facilitating
15.

Marketing is important to

A. economy
B. companies
C. consumers
D. all of these
Answer» D. all of these
16.

Profit through Customer Satisfaction Is aimed in …………. Concept

A. production
B. holistic
C. marketing
D. selling
Answer» C. marketing
17.

Marketing Environment is

A. largely uncontrollable
B. changing fast
C. influencing marketing decisions
D. all of these
Answer» D. all of these
18.

Marketing that converts negative demand to positive demand is known as

A. conversional
B. maintenance
C. remarketing
D. developmental
Answer» A. conversional
19.

Which of the following is not included in the micro environment

A. suppliers
B. publics
C. economic
D. customers
Answer» C. economic
20.

Consumers show …………… while buying their products on regular basis

A. dissonance reduction buying behaviour
B. variety seeking buying behaviour
C. complex buying behaviour
D. habitual buying behaviour
Answer» D. habitual buying behaviour
21.

“ We guarantee every product we sell” appeal to…………………motive

A. curosity
B. variety
C. quality
D. comfort
Answer» C. quality
22.

The negative feeling which arise after purchase causing inner tension is known as…..

A. cognitive dissonance
B. post purchase dissonance
C. buyer’s remorse
D. all of these
Answer» D. all of these
23.

Social class is an element of………………….factor

A. social
B. cultural
C. personal
D. economic
Answer» B. cultural
24.

Sub-dividing of market into homogeneous sub-sections of customers is known as

A. target marketing
B. market segmentation
C. product differentiation
D. none of these
Answer» B. market segmentation
25.

The essential criteria for effective segmentation is

A. homogenity
B. measurability
C. profitability
D. all of these
Answer» D. all of these
26.

The strategy where the producer or marketer does not differentiate between different type of customers

A. undifferentiated marketing
B. differentiated marketing
C. concentrated marketing
D. customised or personalised marketing
Answer» A. undifferentiated marketing
27.

The concentration of all marketing efforts on one selected segment within the total market.

A. undifferentiated marketing
B. differentiated marketing
C. concentrated marketing
D. customised or personalised marketing
Answer» C. concentrated marketing
28.

Identifying and providing different marketing mix for each of the segments is known as……….

A. undifferentiated marketing
B. differentiated marketing
C. concentrated marketing
D. customised or personalised marketing
Answer» B. differentiated marketing
29.

Civil engineers designing flats, villas, bridges etc.are an example of….

A. undifferentiated marketing
B. differentiated marketing
C. concentrated marketing
D. customised or personalised marketing
Answer» D. customised or personalised marketing
30.

Shiny hair in case of a shampoo is a ……………….utility

A. primary
B. evolved
C. generic
D. none of these
Answer» B. evolved
31.

Which of the following is not an element of demographic segmentation

A. family size
B. population density
C. income
D. religion
Answer» C. income
32.

Motives which are driven by learning, perception and attitude are known as..

A. emotional motives
B. patronage motives
C. psychological motives
D. rational motives
Answer» D. rational motives
33.

The process of assessing the relative worth of different market segments and selecting one or more segments in which to compete is called

A. target marketing
B. market segmentation
C. product differentiation
D. none of these
Answer» A. target marketing
34.

An organisation directs its marketing efforts at two or more segments by developing a marketing mix for each segment.

A. total market approach
B. concentration approach
C. multi-segment approach
D. none of these
Answer» C. multi-segment approach
35.

Which of the following are the elements of product positioning

A. the product
B. the company
C. the consumer
D. all of these
Answer» D. all of these
36.

Using the names of company’s powerful brands for line extentions is…..

A. positioning by product attributes and benefits
B. positioning by brand endorsement
C. positioning by use, occasion and time
D. positioning by corporate identity
Answer» B. positioning by brand endorsement
37.

The companies that have become a tried and trusted household name are

A. positioned by product attributes and benefits
B. positioned by brand endorsement
C. positioned by use, occasion and time
D. positioned by corporate identity
Answer» D. positioned by corporate identity
38.

Positioning by emphasising the special attributes and benefits of the product is known as………..

A. positioning by product attributes and benefits
B. positioning by brand endorsement
C. positioning by use, occasion and time
D. positioning by corporate identity
Answer» A. positioning by product attributes and benefits
39.

Anything that has the ability to satisfy a consumer need is known as……

A. price
B. package
C. product
D. promotion
Answer» C. product
40.

Products adapted to the perceived unique characteristics of national markets

A. local products
B. multinational products
C. international products
D. global products
Answer» A. local products
41.

Products seen as having extension potential into other markets

A. local products
B. multinational products
C. international products
D. global products
Answer» D. global products
42.

Products seen as only suitable in one single market

A. local products
B. multinational products
C. international products
D. global products
Answer» A. local products
43.

Products designed to meet global segments

A. local products
B. multinational products
C. international products
D. global products
Answer» D. global products
44.

Trade mark is a …………

A. name
B. registered brand
C. symbol
D. design
Answer» B. registered brand
45.

Brands owned and developed by producers are known as

A. manufacturer brands
B. individual brands
C. family brands
D. dealer
Answer» A. manufacturer brands
46.

……………brands indicate only the product category

A. dealer
B. licensed
C. generic
D. individual
Answer» C. generic
47.

Which of the following is not a limitation of branding

A. it is expensive
B. it reduces selling efforts
C. it promotes unfair competition
D. it leads to brand monopoly
Answer» B. it reduces selling efforts
48.

The only revenue producing element in the marketing mix is.

A. product.
B. price.
C. place.
D. promotion.
Answer» B. price.
49.

Brands add value for both customers and the firm by

A. facilitating purchase.
B. establish loyality.
C. both (a) and (b).
D. none of these.
Answer» C. both (a) and (b).
50.

Which of the following is not a component of brand equity.

A. brand awareness.
B. brand association.
C. brand loyality.
D. brand cohorts.
Answer» D. brand cohorts.

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