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Marketing Exam Questions and Answers Quiz

Marketing Aptitude Test:

Marketing refers to?
(a) sale of product
(b) goods and services are exchanged to each other
(c) promotion of goods
(d) all of these

Ans. (d)

Innovation in marketing means—
(a) Compensation
(b) Inspiration
(c) Additional perquisites
(d) Implementing new ideas or new methods

Ans. (d)

Direct Marketing is necessary for
(a) Having a focussed approach to marketing
(b) Boosting sales
(c) Better customer contacts
(d) All of the above

Ans. (d)

The procedure for segmenting the industrial markets is different than the __
(a) Business markets
(b) Retail markets
(c) Consumer markets
(d) All of these

Ans. (c)

Marketing is __
(a) consumer oriented
(b) competitors oriented
(c) Both consumer and competitors oriented

Ans. (c)

Marketing Environment systems covers __
(a) Marketing information system
(b) Monitoring and control system
(c) Marketing planning system
(d) All of these

Ans. (d)

The marketing process involves __
(a) human needs
(b) demand flow
(c) utility
(d) all of these

Ans. (d)

Marketing can be effected by
(a) bringing in new customers
(b) retaining existing customers
(c) selling more to existing cus­tomers
(d) quality pre and post sales service

Ans. (d)

Variable costs vary in a proportionate and paralleled manner with __
(a) quality
(b) volume
(c) factory
(d) time

Ans. (b)

The aim of successful marketing is
(a) to increase the sale
(b) to increase the profit
(c) to increase the output of sellers
(d) All of these

Ans. (d)

The marketing function’s main concern is with
(a) producing goods or providing services
(b) procuring materials, supplies, and equipment
(c) building and maintaining a positive image
(d) generating the demand for the organization’s products or services

Ans. (d)

Promotion media are the various vehicles that corporation can use to carry their promotional message to
(a) Audiences
(b) Managers
(c) Owners
(d) None of these

Ans. (a)

One of the methods for Market Monitoring is __
(a) to watch TV serials
(b) to discuss with other sales persons
(c) to monitor media outlets
(d) All of these

Ans. (c)

Of the 4P’s of marketing, 3 are Product, Place and Promotion. Which is the 4th P?
(a) Price
(b) Pricing
(c) Purpose
(d) Pride

Ans. (a)

Marketing orientation consists __
(a) External influences dominate objectives
(b) Market Research
(c) Emphasis on market price rather than cost
(d) All of these

Ans. (d)

Direct Marketing means—
(a) online marketing
(b) Over the counter marketing
(c) pamphlets distribution
(d) All of these

Ans. (b)

Socio – Economic Forces consists __
(a) customer
(b) competition
(c) substitutes
(d) all of these

Ans. (d)

A Call in Marketing means __
(a) to phone the customers
(b) to visit the customers
(c) to visit the marketing site
(d) to call on prospective customers

Ans. (d)

Marketing of Internet Banking means
(a) Meeting of Banks on the net
(b) Net practice
(c) Marketing the usage of Banking transactions through Internet.
(d) Transactions with foreign countries

Ans. (c)

Market Survey means __
(a) Market Research
(b) Market Planning
(c) Marketing Strategies
(d) Market Monitoring

Ans. (a)

DSA means—
(a) District Sales Authority
(b) Direct Selling Agent
(c) Distributor and Sales Agents
(d) Distributor and State Agent

Ans. (b)

The sum of direct materials cost, direct labour cost and factory overhead is called __
(a) full cost
(b) factory cost
(c) total factory cost
(d) all of these

Ans. (d)

A Call means—
(a) Calling on friends
(b) Calling on Bank employees
(c) Calling on Prospective customers
(d) To make telephone calls

Ans. (c)

A ‘Prospect’ means—
(a) Company’s Prospectus
(b) Company’s Memorandum of Association
(c) A likely buyer
(d) A likely seller

Ans. (c)

Management of sales team involves
(a) supervision and control of the salesman
(b) training of salesman
(c) remuneration to salesman
(d) all of these

Ans. (d)

Marketing channels means—
(a) Delivery time
(b) Delivery period
(c) Sales outlets
(d) Purchase outlets

Ans. (c)

A Mission Statement is_____.
(a) same as a vision statement
(b) same as targets
(c) part of the marketing plan
(d) All of these

Ans. (d)

Marketing and Selling are
(a) Not required if profit is high
(b) Not required if sales are high
(c) Not required in monopolistic conditions
(d) None of these

Ans. (d)

Market share means—
(a) Share Market
(b) Sensex
(c) Market changes
(d) Share of business among pears

Ans. (d)

Marketing is a process of converting the potential customers into _
(a) Actual customers
(b) Prospective customers
(c) Marketers

Ans. (a)

A ‘Target Group’ means—
(a) Group of salesmen targeting the customers
(b) Likely buyers
(c) Group of products
(d) Group of companies

Ans. (b)

Marketing is a __ process
(a) Goal oriented
(b) Exchange
(c) Social
(d) All of these

Ans. (d)

‘USP’ in Marketing means—
(a) Useful Sales Procedures
(b) Useful Selling Propositions
(c) Useful Sales Persons
(d) Unique Selling Propositions

Ans. (d)

Which of the following are the primary functions of all organizations?
(a) operations, marketing, and human resources
(b) marketing, human resources, and finance/accounting
(c) sales, quality control, and operations
(d) marketing, operations, and finance/accounting
(e) research and development, finance/accounting, and purchasing

Ans. (d)

From the point of view of marketing, an organization that enjoys competitive advantage in an industry has done so by-
(a) Creating superior value for customers
(b) Focusing on long-term profit
(c) Charging lower prices than competition
(d) Constantly enlarging its marketing activities

Answer. (a)

The concept of marketing mix was developed by
(a) Philip Kotler
(b) Stapleton
(c) N. H. Borden
(d) Albert W Emery

Ans. (c)

Market Plan is a—
(a) Selling process
(b) Year-end-marketing budget
(c) Calendar
(d) Business document for marketing strategies

Ans. (d)

The group of elements price, product, promotion and place constitute
(a) market mix
(b) marketing mix
(c) product mix
(d) promotion mix

Ans. (b)

Cross-selling covers—
(a) Identifying customer needs
(b) Matching the Products to customer needs
(c) Convincing the customers of Product benefits
(d) Responding to questions and objections of customers

Ans. (b)

Market where goods are transacted on the spot or immediately
(a) Future market
(b) Spot market
(c) Perfect market

Ans. (b)

Markets which are organized and regulated by statutory measure are
(a) Regulated markets
(b) Unregulated markets
(c) World market

Ans. (a)

Marketing is important to
(a) Economy
(b) Companies
(c) Consumers
(d) All of these

Ans. (d)

Marketing Environment is
(a) Largely uncontrollable
(b) Influencing marketing decisions
(c) Changing fast
(d) All of these

Ans. (d)

Marketing that converts negative demand to positive demand is known as
(a) Conversional
(b) Maintenance
(c) Remarketing
(d) Developmental

Ans. (a)

Tags: Last modified: November 22, 2023
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