Marketing Management Set 27
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This set of Marketing Management Multiple Choice Questions & Answers (MCQs) focuses on Marketing Management Set 27
Q1 | Which of the following major promotional tools use the telephone, mail, fax, e-mail, and the Internet to communicate directly with specific consumers?
- Advertising
- Public relations
- Direct marketing
- Sales promotion
Q2 | Although the promotion mix is the company’s primary communication activity, the __________________ must be coordinated for greatest communication impact.
- Organizational culture
- Entire marketing mix
- Demand mix
- Profit variables in a company
Q3 | Two major factors are changing the face of today’s communications. One of these factors is the fact that:
- Costs of promotion are rising.
- Mass markets are fragmented and marketers are shifting away from mass marketing.
- Global communications are not growing rapidly enough.
- Marcom managers have achieved more power and control.
Q4 | Identify the products that the customer usually buys frequently and with a minimum of comparison and buying effort.
- Specialty
- Convenience
- Unsought
- Augmented
Q5 | ________ guides the development of advertisements and personal sales presentations.
- AIEA
- AIBA
- AICA
- AIDA
Q6 | Of the following reasons, which is not a reason to use sales promotion?
- To reach new customers
- To reward behaviour
- To develop brand image
- To assist integration
Q7 | Which of the following is NOT considered to be an objective associated with the use of sales promotions?
- Change buyer attitudes
- Increase volume of individual purchases
- Prompt buyers into trial purchase
- Product improvement
Q8 | Sales promotions are thought to make consumer purchase decisions:
- less satisfying
- simpler
- more complex
- more satisfying
Q9 | If there is low involvement and the product/market is established then sales promotions should be used for:
- loyals to reward and increase usage
- loyals to increase loyalty
- loyals to encourage trial
- all to block out the competition
Q10 | According to promotional mix, the method which follows corporate image building, handling unfavorable events and stories to get favorable publicity is called
- sales promotion
- personal selling
- public relations
- advertising
Q11 | The promotion “P” of marketing is also known as ________.
- Product Differentiation
- Distribution
- Cost
- Marketing Communication
Q12 | Refersto those in the targetedmarketwho have purchased the product.
- targetmarket
- Penetratedmarket
- availablemarket
- potentialmarket
Q13 | Marketing is a process which aims at:
- Selling Products
- Maximizing Profits
- Satisfying Customers
- Producing
Q14 | Marketing is ________________ :
- Art
- Science
- Both
- Neither
Q15 | The buying process starts when the buyer recognizes a _________.
- Product
- an advertisement for the product
- a salesperson from a previous visit
- problem or need
Q16 | ______ refers to collecting goods of the same type from various sources of supply.
- Buying
- Selling
- Assembling
- Financing
Q17 | Identify the products that the customer usually buys frequently and with a minimum of comparison and buying effort.
- Specialty
- Convenience
- Unsought
- Augmented
Q18 | The most basic level of a product is called the:
- Core product.
- Central product.
- Fundamental product.
- Augmented product
Q19 | A(n) _____ product exceeds customer expectations.
- Strategic
- Superior
- Augmented
- Anticipated
Q20 | These objectives are often the most suitable when firms operate in a market dominated by a major competitor and where their financial resources are limited
- Niche
- Hold
- Harvest
- Divest
Q21 | The use of price points for reference to different levels of quality for a company's related products is typical of which product-mix pricing strategy?
- Optional-product pricing
- Captive-product pricing
- By-product pricing
- Product line pricing
Q22 | What does the term PLC stand for?
- Product life cycle
- Production life cycle
- Product long cycle
- Production long cycle
Q23 | PLC in marketing represents two main challenges. 1st an organization must be good at developing new product to replace old ones and 2nd it must be good at _________________.
- Functioning
- Marketing
- Selling
- Adapting
Q24 | When a new product arrives in the market with higher quality, higher value and new features better than its competitors. Such products are known as
- Superior products
- Develop superior products
- Unique superior products
- New products
Q25 | Which of the following is not a characteristic of “Market Introduction Stage” in PLC?
- Demands has to be created
- Costs are low
- Makes no money at this stage
- Slow sales volume to start