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This set of Applied Theory of Markets Multiple Choice Questions & Answers (MCQs) focuses on Applied Theory Of Markets Set 7

Q1 | What is the reason of Popularity of e-commerce?
  • most safe delivery
  • lower price for product
  • no warehousing is needed
  • global access
Q2 | What is the feature of Any time business?
  • physical distribution
  • online marketing
  • e-commerce
  • all of these
Q3 | Super markets , hire purchase shops , street stall holders etc .. belongs to which category?
  • itinerant retailers
  • fixed shop retailers
  • small scale retailers
  • large scale retailers
Q4 | Who are Itinerant retailers?
  • having fixed shops
  • having shops
  • having no fixed shops
  • having no fixed place for selling
Q5 | Home parties ,mail order, tele marketing etc… belong to which type of marketing?
  • indirect marketing
  • direct marketing
  • one level channel
  • all of these
Q6 | Which type marketing coca cola company has used?
  • meta marketing
  • mega marketing
  • mass marketing
  • event marketing
Q7 | The group of elements price ,product ,promotion and place constitute :
  • market mix
  • product mix
  • marketing mix
  • promotion mix
Q8 | Which concept is based on the principle that marketing is not a department , but it ispervasive throughout the company ?
  • production
  • holistic
  • modern
  • selling
Q9 | What refers to product planning?
  • merchandising
  • assembling
  • r&d
  • none of these
Q10 | Name Market where goods are transacted on the spot or immediately.
  • perfect market
  • spot market
  • future market
  • none of these
Q11 | The market in which goods are bought and sold in bulk quantity :
  • retail market
  • world market
  • wholesale market
  • none of these
Q12 | Market where shares, debentures, bonds etc…of companies are bought and sold :
  • money market
  • stock market
  • foreign exchange market
  • international market
Q13 | Where Marketing is applicable?
  • goods
  • property
  • events
  • all of these
Q14 | Rural consumers are:
  • price sensitive
  • less price sensitive
  • quality conscious
  • none of these
Q15 | An organization directs its marketing efforts at two or more segments by developing amarketing mix for each segment. Which is this approach?
  • total market approach
  • concentration approach
  • multi- segment approach
  • none of these
Q16 | Which of the following is not an element of demographic segmentation?
  • family size
  • income
  • population density
  • religion
Q17 | Name The process of assessing the relative worth of different market segments andselecting one or more segments ?
  • target marketing
  • market segmentation
  • product differentiation
  • none of these
Q18 | The process of introducing higher quality products by a manufacturer , which term iscorrect?
  • trading up
  • trading down
  • quality high
  • none of these
Q19 | Under which category of consumer goods TV falls ?
  • convenience goods
  • shopping goods
  • brown goods
  • yellow goods
Q20 | “fixing very low price to stimulate the growth of the market”. Give the name of pricingstrategy.
  • cost plus pricing
  • skimming pricing
  • target pricing
  • none of these
Q21 | A brand name which is used for several products belonging to the same company iscalled:
  • trade mark
  • individual brand
  • family brand
  • multiple brand
Q22 | Give the expansion of FMCG.
  • fast movable customer goods
  • fast moving customer goods
  • fast moving consumer goods
  • fast moved consumer goods
Q23 | Name the channel of distribution which consists of manufacturer and consumer.
  • zero level channel
  • nil channel
  • one level channel
  • none of these
Q24 | Which of the following market where there is no physical delivery of goods ?
  • spot market
  • future market
  • perfect market
  • none of these
Q25 | Economic forces of marketing environment include:
  • economic condition
  • buying power
  • peoples willingness to spend
  • all of these