Marketing-Management Solved MCQs (Set-3)

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Marketing Management MCQs [set-3]
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51. Which is not a level of brand loyality.

A. brand preference.

B. brand recognition.

C. brand insistence.

D. brand equity. 64. trading up is a method of product line modification by.

Answer: D

52. Trading down is a method of product line modification by.

A. product line expansion.

B. product line contraction.

C. quality variation.

D. none of these.

Answer: C

53. Air conditioners are an example of …….goods.

A. brown.

B. white.

C. red

D. orange.

Answer: B

54. American expression for fast moving consumer goods is…….goods.

A. brown.

B. white.

C. red

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D. orange.
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Answer: C c
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55. Yellow goods include ………goods.

A. red & white.

B. white & brown.

C. orange & red

Answer: B

56. …….goods are purchased without any planning or search effort.

A. staple.

B. impluse.

C. emergency.

D. none of these.

Answer: B

57. ………goods are purchased on a regular basis.

A. staple.

B. impluse.

C. emergency.

D. none of these.

Answer: A

58. ……….influence product line decisions.

A. customer preference.

B. change in demand

C. product sepecialisation

D. all of these.

Answer: D

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59. Rising profits is a featurec
of ……….stage of PLC.

A. growth.
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B. introduction.

C. maturity

D. saturation.

Answer: A

60. Revival plans to reintroduce the product in more modified form is


adopted in ………..stage of PLC.

A. introduction.

B. maturity.

C. decline.

D. growth.

Answer: C

61. The set of all the products a firm made available to consumers buy is
called.

A. product line.

B. product mix

C. product category.

D. none of these.

Answer: A

62. Setting price on the basis of the demand for the product is known
as……

A. cost based pricing

B. demand based pricing

C. competition based pricing

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D. value based pricing
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Answer: B c
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63. Setting price on the basis of the competition for the product is known
as……….

A. cost based pricing

B. demand based pricing

C. competition based pricing

D. value based pricing

Answer: C

64. Pricing method based on customer value is known as……….

A. cost based pricing

B. demand based pricing

C. competition based pricing

D. value based pricing

Answer: D

65. Which of the following is not a method of cost based pricing

A. cost plus pricing

B. marginal cost pricing

C. differential pricing

D. target pricing

Answer: C

66. Which of the following is a method of Competition Based Pricing

A. going rate pricing

B. sealed bid pricing

C. customary pricing

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D. all of these
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Answer: D c
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67. Premium Pricing is a method of…………………

A. cost based pricing

B. demand based pricing

C. competition based pricing

D. value based pricing

Answer: A

68. The approach used when the marketer wants the consumer to respond
on an emotional, rather than rational basis

A. predatory pricing

B. economy pricing

C. psychological pricing

D. penetration pricing

Answer: D

69. Razor manufacturer will charge a low price and recoup its margin (and
more) from the sale of the only design of blades which fit the razor. This I
an example of…………….

A. predatory pricing

B. economy pricing

C. psychological pricing

D. captive product pricing

Answer: C

70. Where sellers combine several products in the same package is known
as…….

A. psychological pricing

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B. captive product pricing
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C. product bundle pricing c
D. promotional pricing M
Answer: D

71. Which of the following is not a factor influensing pricing policy

A. cost

B. competitors

C. business objectives

D. none of these

Answer: D

72. Which of the following are possible pricing objectives

A. to maximise profits

B. to achieve a target market share

C. to match the competition, rather than lead the market

D. all of these.

Answer: D

73. When there is a large potential market for a product, the firm will adopt.

A. skimming price policy

B. penetration price policy.

C. premium price policy.

D. none of these.

Answer: C

74. A price reduction to buyers who pay their bills promptly is called.

A. trade discount.

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B. cash discount.
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C. seasonal discount. c
D. quality discount. M
Answer: B

75. ----------are the retailers who have no fixed place of business.

A. large scale retailers

B. itinerant retailers

C. small scale retailers

D. none of these

Answer: B

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