marketing Mcqs
151. The price discrimination in which seller charges less to the customers, who buy in large volumes is classified as __________?
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A. fourth-degree discrimination

B. first-degree price discrimination

C. third-degree discrimination

D. second-degree price discrimination
153. The inbound or outbound logistics are the part of value chains __________?
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A. marketing activities

B. financial activities

C. primary activities

D. raw material activities

154. The price discrimination in which the seller charges different prices for different classes for buyers is classified as ___________?
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A. third-degree discrimination

B. second-degree price discrimination

C. first-degree price discrimination

D. fourth-degree discrimination

155. The target return pricing method is used by companys selling for _________?
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A. slower moving items

B. specialty items

C. demand inelastic items

D. public utilities
156. The bidding technique in which only one bid is submitted by sellers is classified as ________?
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A. descending bids auction

B. sealed-bid auctions

C. equalizing-bid auctions

D. ascending bids auctions

159. The process of determining overall profitability of each segment on the basis of market growth and access is classified as __________?
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A. solution based segmentation

B. need based segmentation

C. segment attractiveness

D. segment identification

161. The second phase of value creation sequence is _________?
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A. providing the value

B. choosing the value

C. communicating the value

D. making the value

162. The level of ease to which it is made easy for the customers to buy goods is classified as ___________?
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A. spatial convenience

B. jobber convenience

C. lot convenience

D. interactive convenience

163. The planning system which manages human resources, manufacturing, raw material purchasing and cash flow in the form of network is classified as ________?
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A. hybrid resource planning

B. predatory resource planning

C. enterprise resource planning

D. functional resource planning

165. The shared values, norms, stories and beliefs characterizing the organization are called __________?
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A. business environment

B. analytical environment

C. organizational culture

D. departmental culture

169. The first phase of value creation in sequence is __________?
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A. making the superior product

B. communicating the value

C. providing the value

D. choosing the value
172. Any occasion on which the brand or product is encountered by end customers is called __________?
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A. company touch point

B. retailers touch point

C. relationship touch point

D. customer touch point
173. The VALS segmentation framework dimension consumer resources is classified as ________?
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A. the vertical dimension

B. the horizontal dimension

C. the stretch dimension

D. the strength dimension

174. The process of defining the business, shaping its scope and repositioning the brand entity is the part of ___________?
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A. cross functional teams

B. business workflow

C. business realignment

D. various department strategies

175. The extra payment awarded for sales program and advertising is classified as ___________?
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A. trade-off allowances

B. trade-in allowances

C. seasonal allowances

D. promotional allowances
176. The total cost is divided by production level to calculate _________?
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A. fixed costs

B. discounted costs

C. variable costs

D. average costs
177. While considering marketing channels, the examples of agents are _________?
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A. independent warehouses

B. sales agents and brokers

C. retailers and wholesalers

D. transportation companies

178. The product-development strategy is used to gain market share __________?
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A. new products for new markets

B. current product in current market

C. new products in current markets

D. new products in new market

179. The chain of value identifies _________?
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A. Seven primary activities

B. Five primary activities

C. Six primary activities

D. Four primary activities

180. The strategic plan to carry activities for profitable business unit is the activity of _________?
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A. decision level

B. corporate level

C. business unit level

D. division level

182. For the planning of period, the development of specific goals is called __________?
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A. goal achievement

B. quantitative objective

C. goal hierarchy

D. goal formulation
183. Considering the Dutch auctions, the technique in which the potential auctioneer offers the lowest to compete, is used in situation of __________?
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A. many sellers, many buyers

B. One buyer, many sellers

C. one buyer, one seller

D. One seller, many buyers

184. The distribution strategy which considers some intermediaries to carry particular product is defined as ________?
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A. intensive distribution

B. selective distribution

C. descriptive distribution

D. exclusive distribution

190. The pricing strategy uses by companies, operating in price sensitive market is classified as ___________?
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A. market skimming pricing

B. quality leadership pricing

C. market penetration pricing

D. push pricing strategy

192. In the value creation, providing the value phase includes _________?
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A. determining specific features

B. determining product price

C. determining product inventory

D. both A and B
193. The problem arises in price cut when the customers assume that quality of product has become poor is called __________?
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A. low-quality trap

B. shallow-pockets trap

C. fragile-market-share trap

D. price-war traps

194. The selling of the products price is set with the help of ________?
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A. demand

B. supply

C. discount and allowance

D. cost

196. The VALS segmentation framework dimension consumer motivation is classified as _________?
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A. the strength dimension

B. the horizontal dimension

C. the stretch dimension

D. the vertical dimension

197. When any firm sells its market offering too many different market segments, it is classified as _________?
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A. mass customization

B. market specialization

C. product specialization

D. single product concentration

198. When the firm concentrates on serving needs of any specific customer group, it is considered as __________?
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A. mass customization

B. product specialization

C. market specialization

D. single product concentration

199. The kind of shoppers that care of their spending and buying products wisely are classified as __________?
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A. service ? quality shoppers

B. affinity customers

C. interactive customers

D. price ? value customers
200. The kind of shoppers who seek stores that are convenient for them and join aspired products group are classified as ________?
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A. price ? value customers

B. interactive customers

C. service ? quality shoppers

D. affinity customers