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This set of Marketing Management Multiple Choice Questions & Answers (MCQs) focuses on Marketing Management Set 1

Q1 | Marketing is a process of converting the potential customers into …………..
  • actual customers
  • prospective customers
  • marketers
  • none of these
Q2 | Marketing is a …………..process
  • goal oriented
  • exchange
  • social
  • all of these
Q3 | Which of the following is not included in the function of physical supply?
  • standardization
  • storage
  • transport
  • packaging
Q4 | All forces or factors that effect marketing policies, decisions and operations of abusiness constitute..
  • marketing mix
  • marketing environment
  • marketing control
  • none of these
Q5 | The group of elements price, product, promotion and place constitute
  • market mix
  • marketing mix
  • product mix
  • promotion mix
Q6 | The concept of marketing mix was developed by
  • philip kotler
  • stapleton
  • n.h borden
  • albert w emery
Q7 | Market where goods are transacted on the spot or immediately
  • future market
  • spot market
  • perfect market
  • none of these
Q8 | Market where there is no physical delivery of goods
  • future market
  • spot market
  • perfect market
  • none of these
Q9 | Markets which are organized and regulated by statutory measure are
  • regulated markets
  • unregulated markets
  • world market
  • none of these
Q10 | The markets in which goods are bought and sold in bulk quantities.
  • wholesale market
  • retail market
  • world market
  • none of these
Q11 | Market in which gold and silver are sold
  • commodity market
  • produce market
  • bullion market
  • none of these
Q12 | Market where money is lend and borrowed
  • money market
  • foreign exchange market
  • stock market
  • none of these
Q13 | Marketing is applicable in …………
  • goods
  • events
  • property
  • all of these
Q14 | Risk bearing is a function of…………
  • research
  • exchange
  • physical supply
  • facilitating
Q15 | Marketing is important to
  • economy
  • companies
  • consumers
  • all of these
Q16 | Profit through Customer Satisfaction Is aimed in …………. Concept
  • production
  • holistic
  • marketing
  • selling
Q17 | Marketing Environment is
  • largely uncontrollable
  • changing fast
  • influencing marketing decisions
  • all of these
Q18 | Marketing that converts negative demand to positive demand is known as
  • conversional
  • maintenance
  • remarketing
  • developmental
Q19 | Which of the following is not included in the micro environment
  • suppliers
  • publics
  • economic
  • customers
Q20 | Consumers show …………… while buying their products on regular basis
  • dissonance reduction buying behaviour
  • variety seeking buying behaviour
  • complex buying behaviour
  • habitual buying behaviour
Q21 | “ We guarantee every product we sell” appeal to…………………motive
  • curosity
  • variety
  • quality
  • comfort
Q22 | The negative feeling which arise after purchase causing inner tension isknown as…..
  • cognitive dissonance
  • post purchase dissonance
  • buyer’s remorse
  • all of these
Q23 | Social class is an element of………………….factor
  • social
  • cultural
  • personal
  • economic
Q24 | Sub-dividing of market into homogeneous sub-sections of customers is known as
  • target marketing
  • market segmentation
  • product differentiation
  • none of these
Q25 | The essential criteria for effective segmentation is
  • homogenity
  • measurability
  • profitability
  • all of these