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Marketing Management

Description: marketing
Number of Questions: 15
Created by:
Tags: marketing Product Management Marketing Fundamentals Marketing Strategies Marketing Research Promotion Distribution
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The seasonal products like rain coat, umbrella, etc. enjoy demand at peak only during a certain season. Under which marketing concept does this exempt classify?

  1. Meta marketing concept

  2. Demarketing concept

  3. Synchro marketing concept

  4. Counter marketing concept

  5. Event marketing concept


Correct Option: C
Explanation:

This concept deals in those products which are seasonal based. According to this concept, interests of marketers are protected for a particular season.

Who defined marketing as ''human activity directed at satisfying needs and wants through an exchange process''?

  1. Philip Kotler

  2. Mr. Pyle

  3. Harry L. Hansen

  4. Henry Fayol

  5. F.W. Taylor


Correct Option: A
Explanation:

Philip Kotler is the father of marketing and he gave this concept of marketing.

Which of the following is not a part of BCG (Boston Consultancy Group) matrix?

  1. Stars

  2. Question mark

  3. Cash cows

  4. Dogs

  5. Hen


Correct Option: E
Explanation:

BCG comprises only four components, i.e. stars, question mark, cash cows and dogs.

Which of the following is not a part of PEST?

  1. Political

  2. Environmental

  3. social

  4. Technological

  5. None of these


Correct Option: B
Explanation:

No, environmental factors are not included in PEST.

Gillette India Co. works in three categories, i.e. personal care, oral care and alkaline batteries. Which branding strategy does this company follow?

  1. Product branding strategy

  2. Range branding strategy

  3. Line branding strategy

  4. Umbrella branding strategy

  5. Endorsement branding strategy


Correct Option: C
Explanation:

This strategy focuses on promoting product lines, i.e. oral care products, health care products, etc.

Which of the following are the factors of macro environment?

  1. Physical 2. Economical 3. Supplier 4. Legal 5. Technological
  1. 1, 2, 3, 4

  2. 1, 2, 4, 5

  3. 1, 2, 3, 5

  4. 1, 3, 5

  5. All of these


Correct Option: B
Explanation:

Physical, economical, legal and technological are the components of macro environment.

In which of the following market structures only few sellers dominate the industry?

  1. Monopolistic

  2. Monopoly

  3. Oligopoly

  4. Perfect competition

  5. None of these


Correct Option: C
Explanation:

An oligopoly is a market structure characteristised by only a few sellers.

What does D stand for in the AIDA model of advertising?

  1. Demand

  2. Desire

  3. Depression

  4. Direct

  5. Down


Correct Option: B
Explanation:

In AIDA model of advertising, D stands for Desire. Hence, it is the required answer,

Which of the following is not a part of Marketing Information System (MIS)?

  1. Marketing intelligence

  2. Marketing research

  3. Marketing information

  4. Management science

  5. None of these


Correct Option: E
Explanation:

All the above given options are parts of MIS. So, this is the correct option.

Which of the following concepts is/are included in marketing management?

  1. Market segmentation

  2. Customer targeting

  3. Product positioning

  4. Customer's value and satisfaction

  5. All of these


Correct Option: E
Explanation:

All the given options are included in the core concepts of marketing.

Which of the following is/are the component(s) of planning process of a company?

  1. EOQ

  2. MBO

  3. JIT

  4. AIDA

  5. All of the above


Correct Option: B
Explanation:

MBO is Managment By Objectives, which is a component of planning process of a company.

In marketing structure, what does SBU stand for?

  1. State Bureau Unit

  2. Secular Business Unit

  3. Strategic Business Unit

  4. Strategic Bureau Unit

  5. State Business Unit


Correct Option: C
Explanation:

SBU stands for Strategic Business Unit.

At which stage of the product life cycle is the number of customers maximum?

  1. Introductory stage

  2. Growth stage

  3. Maturity stage

  4. Declining stage

  5. Break-even stage


Correct Option: C
Explanation:

Yes, this option is correct because at maturity stage of PLC the number of customers is maximum.

In marketing management, CRM stands for _______________.

  1. Consumer Research Management

  2. Call Research Management

  3. Capital Research Management

  4. Customer Relationship Management

  5. Consumer Related Management


Correct Option: D
Explanation:

CRM stands for Customer Relationship Management. This management focuses on cross selling. It also values both positive and negative feedbacks from customers.

Which of the following are the 4Ps of marketing mix?

  1. Product, Promotion, Place and Person

  2. Product, Promotion, Place and Price

  3. Position, Place, Perfection and Promotion

  4. Price, Place, Position and People

  5. None of the above


Correct Option: B
Explanation:

Option (2) is correct.

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