McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Uncategorized topics .
1. |
“Benchmark” means____________ |
A. | Benches for customers to sit |
B. | Set standards |
C. | Benches for salesmen to sit |
D. | Products displayed on a bench |
E. | All of the above |
Answer» B. Set standards |
2. |
A call centre is____________ |
A. | A meeting place for DSAs |
B. | A training centre for DSAs |
C. | A meeting place for customers |
D. | Data centre |
E. | A back office set up where customer queries are answered |
Answer» E. A back office set up where customer queries are answered |
3. |
The sequence of a sales process is____________ |
A. | Lead generation, call, presentation & sale |
B. | Sale, presentation, Lead generation & call |
C. | Presentation, Lead generation, Sale & Call |
D. | Lead generation, Call, Sale & Presentation |
E. | There is no sequence required |
Answer» A. Lead generation, call, presentation & sale |
4. |
‘Value -added services’ means_____________ |
A. | Additional services |
B. | Better value at a premium |
C. | Costlier services |
D. | Better value at a discount |
E. | At services |
Answer» A. Additional services |
5. |
To ‘Close a Call’ means____________ |
A. | To clinch the sale |
B. | To end the conversation |
C. | To put the phone down |
D. | To close the doors |
E. | To close the business |
Answer» A. To clinch the sale |
6. |
‘Customization’ means__________ |
A. | Tailor-made products for each customer |
B. | Customers selling goods |
C. | Tailor-made products for each staff |
D. | A selling process |
E. | None of these |
Answer» A. Tailor-made products for each customer |
7. |
A ‘Call’ in marketing language means__________ |
A. | Calling on a salesperson |
B. | Calling on a customer |
C. | Making a phone-call |
D. | Telemarketing |
E. | None of these |
Answer» E. None of these |
8. |
A marketing survey is required for____________ |
A. | Deciding marketing strategies |
B. | Deciding product strategies |
C. | Deciding pricing strategies |
D. | All of these |
E. | None of these |
Answer» D. All of these |
9. |
The target group for Education loans is________ |
A. | Meritorious students seeking higher education |
B. | All colleges |
C. | All parents |
D. | Research scholars |
E. | All of these |
Answer» A. Meritorious students seeking higher education |
10. |
Cross-selling means___________ |
A. | Selling with a cross face |
B. | Cross country marketing |
C. | Selling to friends |
D. | Selling other products to existing customers |
E. | Selling to employees |
Answer» D. Selling other products to existing customers |
11. |
Marketing segmentation is useful for__________ |
A. | Preferential marketing |
B. | Targeting existing clients |
C. | Identifying prospects |
D. | Knowing customers’ tastes |
E. | All of these |
Answer» E. All of these |
12. |
The target Group for savings deposit Accounts is |
A. | Newborn babies |
B. | Students |
C. | Parents |
D. | Businessman |
E. | All of these |
Answer» B. Students |
13. |
Market Segmentation can be resorted to by means of |
A. | Segmenting by age |
B. | Segmenting by income |
C. | Segmenting by geographically |
D. | All of these |
E. | None of these |
Answer» D. All of these |
14. |
The target group for a Car loan is_____________ |
A. | All auto drivers |
B. | All auto dealers |
C. | All car owners |
D. | Any individual needing a car |
E. | All of these |
Answer» D. Any individual needing a car |
15. |
Market information means_____________ |
A. | Knowledge of industries |
B. | Knowledge of households |
C. | Knowledge of peers |
D. | Knowledge of customer’s tastes |
E. | All of these |
Answer» D. Knowledge of customer’s tastes |
16. |
Bancassurance means____________ |
A. | Banks promising to give loans |
B. | Bank promising to pay interest |
C. | Banks selling insurance products |
D. | Assurance to repay loans |
E. | None of these |
Answer» C. Banks selling insurance products |
17. |
The target group for agricultural loan is________ |
A. | Any farmer |
B. | Farm labourers |
C. | Any individual dealing in agricultural or related activity |
D. | Farmers’ societies |
E. | All of these |
Answer» C. Any individual dealing in agricultural or related activity |
18. |
The target group for credit card is_____________ |
A. | Existing cardholders |
B. | All graduates |
C. | All minors |
D. | Individuals with taxable income |
E. | All of these |
Answer» D. Individuals with taxable income |
19. |
Market segmentation means_____________ |
A. | Segmenting the salesmen |
B. | Segmenting the employees |
C. | Segmentation the customers as per their needs |
D. | Segmenting the products |
E. | All of these |
Answer» C. Segmentation the customers as per their needs |
20. |
A ‘Target Group’ means___________ |
A. | A group of sellers |
B. | A group of buyers |
C. | A group of products |
D. | A group of person to whom sales should be focused |
E. | All of these |
Answer» D. A group of person to whom sales should be focused |
21. |
Marketing is the art of___________ |
A. | Buying more |
B. | Paying more |
C. | Selling more |
D. | Talking more |
E. | Only land 2 |
Answer» C. Selling more |
22. |
Marketing of services is resorted in____________ |
A. | Manufacturing concerns |
B. | Insurance business |
C. | Hostels |
D. | Only land 2 |
E. | Only 2 and 3 |
Answer» E. Only 2 and 3 |
23. |
Marketing is a__________ |
A. | One day effort |
B. | Team effort |
C. | One man effort |
D. | All the above |
E. | None of the above |
Answer» B. Team effort |
24. |
Service marketing is the same as___________ |
A. | Transaction marketing |
B. | Relationship marketing |
C. | Internal marketing |
D. | Outdoor marketing |
E. | All the above |
Answer» B. Relationship marketing |
25. |
Good marketing requires one of the following |
A. | Proper planning |
B. | Good team work |
C. | Good communication skills |
D. | Knowledge of products |
E. | All of these |
Answer» B. Good team work |
26. |
Marketing in banks is a necessity today, due to |
A. | Liberalisation |
B. | Nationalisation |
C. | Fashion |
D. | Urbanisation |
E. | Marketing in banks is not necessary, as banking in India is more than 200 years old |
Answer» A. Liberalisation |
27. |
Marketing is influenced by__________ |
A. | Product demand |
B. | Public taste |
C. | Buyer behaviour |
D. | Brand image |
E. | All of the above |
Answer» E. All of the above |
28. |
Market share means__________ |
A. | Share of business among peers |
B. | Share market |
C. | Share prices |
D. | IPOs |
E. | Scope for marketing |
Answer» A. Share of business among peers |
29. |
Marketing helps in__________ |
A. | Boosting production |
B. | Getting new clients |
C. | Interacting with strangers |
D. | All of these |
E. | None of these |
Answer» D. All of these |
30. |
A DSA helps in________ |
A. | Boosting direct sales |
B. | Boosting sales through the net |
C. | Strengthening indirect marketing |
D. | Strengthening telemarketing |
E. | All of the above |
Answer» A. Boosting direct sales |
31. |
A DSA (Direct Selling Agent) is one___________ |
A. | Who sells through the internet |
B. | Who works on the bank counters |
C. | Who works in bank office setup |
D. | Who sells direct to the client |
E. | None of the above |
Answer» D. Who sells direct to the client |
32. |
Selling is_________ |
A. | Different from marketing |
B. | A sub-function of marketing |
C. | Same as marketing |
D. | More than marketing |
E. | None of these |
Answer» E. None of these |
33. |
A ‘Lead’ in marketing jargon, means__________ |
A. | A likely consumer |
B. | A metal |
C. | A leash |
D. | A team leader |
E. | None of these |
Answer» A. A likely consumer |
34. |
Good selling skills involve____________ |
A. | Patience |
B. | Presence |
C. | Empathy |
D. | Knowledge |
E. | All of these |
Answer» E. All of these |
35. |
EMI stands for: |
A. | Earnest Monthly Instalment |
B. | Equated Money Instalment |
C. | Equated Monthly Instalment |
D. | Equated Major Instalment |
E. | Essential Monthly Instalment |
Answer» C. Equated Monthly Instalment |
36. |
A true marketing mindset requires___________ |
A. | Control mindset |
B. | Command mindset |
C. | Passive mindset |
D. | Active mindset |
E. | Inert mindset |
Answer» D. Active mindset |
37. |
Innovation means_________ |
A. | Inspiration |
B. | Enthusiasm |
C. | Compensation |
D. | Creativity |
E. | All of these |
Answer» D. Creativity |
38. |
Internal marketing means__________ |
A. | Marketing to self |
B. | Marketing to family members |
C. | Marketing to the staff members |
D. | Marketing inside India |
E. | Marketing outside India |
Answer» C. Marketing to the staff members |
39. |
Modern styles of marketing are____________ |
A. | Telemarketing |
B. | Web marketing |
C. | Advertisement on the net |
D. | E-mails |
E. | All of these |
Answer» E. All of these |
40. |
A good and effective DSA should_____________ |
A. | Copy the competitor company |
B. | Criticize the competitor company |
C. | Join the competitor company |
D. | Be passive |
E. | Be more effective than the competitor company |
Answer» E. Be more effective than the competitor company |
41. |
Prior to the Industrial Revolution, selling was no problem and no sales team is required because |
A. | Marketing was not a subject then |
B. | People was not a subject then |
C. | People don’t want to sell anything |
D. | Small-scale enterprises dominated the economic scene |
E. | None of these |
Answer» D. Small-scale enterprises dominated the economic scene |
42. |
A form of distribution in which manufacturer makes an agreement, with a middleman in each market area stipulating that the distribution of the product within that is to be confined solely to that middleman is known as- |
A. | Mass Distribution |
B. | Exclusive agency distribution |
C. | Selective distribution |
D. | Price Distribution |
E. | None of these |
Answer» B. Exclusive agency distribution |
43. |
The long term objective of marketing is_________ |
A. | Customer Satisfaction |
B. | Profit Maximisation |
C. | Cost cutting |
D. | Profit Maximisation with customer |
E. | None of these |
Answer» D. Profit Maximisation with customer |
44. |
Which among the following is statistical indicator for equality in income distribution? |
A. | Gini Coefficient |
B. | Price Indices |
C. | GNP |
D. | GDP |
E. | None of these |
Answer» A. Gini Coefficient |
45. |
Short term planning focuses on |
A. | Functional Plans |
B. | Long term objectives |
C. | Specific Goals |
D. | Both (1) and (3) |
E. | None of these |
Answer» D. Both (1) and (3) |
46. |
In marketing terms, Attitude can best be defined as a |
A. | Rude behaviour of salesperson |
B. | Rude behaviour of Consumer |
C. | Mental state of consumer |
D. | Ego of the marketing executive |
E. | None of these |
Answer» C. Mental state of consumer |
47. |
The nominal scale used for marketing research, refers to |
A. | Population characteristics based on age or sex or ownership of a specific consumer durable |
B. | Ordering of scale |
C. | Both 1 and 2 |
D. | Neither 1 nor 2 |
E. | None of these |
Answer» A. Population characteristics based on age or sex or ownership of a specific consumer durable |
48. |
Reference group influences vis-a-vis consumption decision, is a function of the |
A. | Product category |
B. | Group characteristics |
C. | Group communication process |
D. | All of the above |
E. | None of these |
Answer» D. All of the above |
49. |
Just in time (JIT) technique is getting wider acceptance world over, the technique was first introduced in |
A. | India |
B. | Indonesia |
C. | Japan |
D. | America |
E. | None of These |
Answer» C. Japan |
50. |
Gate Keepers___________ |
A. | Use the products |
B. | Reports on product performance |
C. | Control the flow of information into buying centre |
D. | Issue challan for discharge of products |
E. | None of these |
Answer» D. Issue challan for discharge of products |
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