Option A: growth stage
Option B: lately buying stage
Option C: segmenting stage
Option D: targeting stage
Correct Answer: growth stage ✔
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Option A: markets
Option B: consumers
Option C: competitors
Option D: all of above
Correct Answer: all of above ✔
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Option A: discount
Option B: value added tax
Option C: price
Option D: tax
Correct Answer: price ✔
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Option A: market skimming pricing
Option B: market penetration strategy
Option C: business line pricing
Option D: product line pricing
Correct Answer: market skimming pricing ✔
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Option A: segmented pricing
Option B: psychological pricing
Option C: promotional pricing
Option D: geographical pricing
Correct Answer: segmented pricing ✔
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Option A: product development
Option B: growth
Option C: maturity and decline
Option D: all of above
Correct Answer: all of above ✔
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Option A: high
Option B: low
Option C: average
Option D: moderate
Correct Answer: average ✔
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Option A: crowdsourcing
Option B: internal sourcing
Option C: off sourcing
Option D: off shoring
Correct Answer: crowdsourcing ✔
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Option A: price fixing
Option B: predatory pricing
Option C: price maintenance
Option D: discriminatory pricing
Correct Answer: price fixing ✔
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Option A: set price based on cost
Option B: convince buyer about products value
Option C: design a product
Option D: determine cost of product
Correct Answer: determine cost of product ✔
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Option A: design a product
Option B: determine cost of product
Option C: set price based on cost
Option D: convince buyer about products value
Correct Answer: design a product ✔
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Option A: assess needs of customer
Option B: set target price
Option C: determine incurred costs
Option D: design product
Correct Answer: assess needs of customer ✔
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Option A: would get free products
Option B: would get discount
Option C: would buy product
Option D: would not buy product
Correct Answer: would not buy product ✔
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Option A: functional discount
Option B: quantity discount
Option C: cash discount
Option D: seasonal discount
Correct Answer: functional discount ✔
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Option A: price maintenance
Option B: predatory pricing
Option C: price discrimination
Option D: deceptive pricing
Correct Answer: predatory pricing ✔
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Option A: fake pricing
Option B: termed pricing
Option C: dynamic pricing
Option D: international pricing
Correct Answer: dynamic pricing ✔
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The type of cost reduction made for buyers who pay their accounts payable promptly is classified as?
Option A: cash discount
Option B: seasonal discount
Option C: functional discount
Option D: quantity discount
Correct Answer: cash discount ✔
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Option A: modifying marketing mix
Option B: modifying raw material schedule
Option C: modifying the product
Option D: modifying the market
Correct Answer: modifying the market ✔
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Option A: double way pricing
Option B: Two way pricing
Option C: reference prices
Option D: comparable prices
Correct Answer: reference prices ✔
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The pricing strategy which combines prices of two or more products in a combo pack is classified as?
Option A: segmented pricing
Option B: discount pricing
Option C: allowance pricing
Option D: product bundle pricing
Correct Answer: product bundle pricing ✔
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Option A: flexible pricing
Option B: uniform pricing
Option C: basing point pricing
Option D: freight absorption costing
Correct Answer: freight absorption costing ✔
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Option A: predatory pricing
Option B: price fixing
Option C: deceptive pricing
Option D: all of above
Correct Answer: all of above ✔
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Option A: customer centered product development
Option B: team based product development
Option C: systematic product development
Option D: concentration based development
Correct Answer: systematic product development ✔
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Option A: optional pricing
Option B: product line pricing
Option C: competitive pricing
Option D: captive pricing
Correct Answer: product line pricing ✔
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Option A: real
Option B: win
Option C: worth doing
Option D: less worthy
Correct Answer: worth doing ✔
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The process of changing one or more elements of marketing mix to improve sales is classified as?
Option A: modifying marketing mix
Option B: modifying raw material schedule
Option C: modifying the product
Option D: modifying the market
Correct Answer: modifying marketing mix ✔
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When the captive product pricing is used for services then this pricing strategy is classified as?
Option A: two-part pricing
Option B: combine pricing
Option C: double pricing
Option D: optional part pricing
Correct Answer: two-part pricing ✔
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Option A: low sales
Option B: rapidly rising
Option C: peak sales
Option D: gradually declining
Correct Answer: low sales ✔
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Option A: freight on board origin pricing
Option B: zone pricing
Option C: basing point pricing
Option D: uniform delivered pricing
Correct Answer: uniform delivered pricing ✔
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Option A: channel intermediaries
Option B: nominal sales force
Option C: inside sales force
Option D: outside sales force
Correct Answer: inside sales force ✔
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Option A: personal communication channels
Option B: irrational communication channels
Option C: non-personal communication channels
Option D: non-emotional communication channels
Correct Answer: personal communication channels ✔
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Option A: qualifying
Option B: prospecting
Option C: follow up
Option D: approach
Correct Answer: approach ✔
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Option A: prospecting and qualifying
Option B: handling objections
Option C: approach
Option D: presentation and demonstration
Correct Answer: approach ✔
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The method of managing advertising budget at the level company can have money for is classified as?
Option A: percentage of sales method
Option B: affordable method
Option C: competitive parity method
Option D: objective and task method
Correct Answer: affordable method ✔
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The theme of the message content which is related to self-interest of audience is classified as?
Option A: irrational appeal
Option B: moral appeal
Option C: rational appeal
Option D: emotional appeal
Correct Answer: rational appeal ✔
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Option A: public relations
Option B: advertising
Option C: sales promotion
Option D: personal selling
Correct Answer: sales promotion ✔
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Option A: indirect sales force structure
Option B: territorial sales force structure
Option C: customer sales force structure
Option D: product sales force structure
Correct Answer: product sales force structure ✔
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Option A: shipper approach
Option B: handling shipment
Option C: closing
Option D: follow up
Correct Answer: closing ✔
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Option A: point of purchase promotion
Option B: cents off deals
Option C: sales premium
Option D: advertising specialties
Correct Answer: point of purchase promotion ✔
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Option A: introduction stage
Option B: turbulent stage
Option C: innovation stage
Option D: non-profit stage
Correct Answer: introduction stage ✔
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Option A: screening of product
Option B: screening of customers
Option C: screening of ideas
Option D: generation of ideas
Correct Answer: screening of ideas ✔
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Option A: print and broadcast media
Option B: word-of-mouth influence
Option C: buzz marketing
Option D: display and online media
Correct Answer: buzz marketing ✔
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Option A: online media
Option B: print media
Option C: broadcast media
Option D: display media
Correct Answer: display media ✔
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Option A: pull and push strategy
Option B: rational and moral selling strategy
Option C: direct strategy
Option D: indirect strategy
Correct Answer: pull and push strategy ✔
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Option A: personal communication channels
Option B: irrational communication channels
Option C: non-personal communication channels
Option D: both a and c
Correct Answer: both a and c ✔
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Option A: rational selling strategy
Option B: push strategy
Option C: pull strategy
Option D: moral selling strategy
Correct Answer: push strategy ✔
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Option A: maturity stage
Option B: predictive stage
Option C: improved market stage
Option D: profit achieved stage
Correct Answer: maturity stage ✔
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Option A: fashion
Option B: fads
Option C: followers
Option D: customs
Correct Answer: fashion ✔
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Option A: new products
Option B: existing products
Option C: acquisition
Option D: mergers
Correct Answer: new products ✔
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Option A: target market
Option B: planned value proposition
Option C: sales, profit goals, market share
Option D: developing mission statement
Correct Answer: sales, profit goals, market share ✔
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Option A: controlled test markets
Option B: simulated test markets
Option C: free test markets
Option D: both a and b
Correct Answer: both a and b ✔
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Option A: low sales
Option B: rapidly rising sales
Option C: peak sales
Option D: declining sales
Correct Answer: rapidly rising sales ✔
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Option A: styles
Option B: fashion
Option C: norms
Option D: followers
Correct Answer: styles ✔
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Option A: percentage of sales method
Option B: affordable method
Option C: competitive parity method
Option D: objective and task method
Correct Answer: competitive parity method ✔
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Option A: innovators
Option B: early adopters
Option C: middle majority
Option D: laggards
Correct Answer: laggards ✔
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Option A: product development stage
Option B: maturity stage
Option C: growth stage
Option D: decline stage
Correct Answer: product development stage ✔
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Option A: non-personal communication channels
Option B: non-emotional communication channels
Option C: personal communication channels
Option D: irrational communication channels
Correct Answer: non-personal communication channels ✔
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Option A: geographic segmentation
Option B: income segmentation
Option C: psychographic segmentation
Option D: occasion segmentation
Correct Answer: occasion segmentation ✔
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Option A: sales promotion
Option B: personal selling
Option C: public relations
Option D: advertising
Correct Answer: public relations ✔
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Option A: communicate the positioning
Option B: differentiation
Option C: establish distribution channels
Option D: none of above
Correct Answer: communicate the positioning ✔
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The process of buying a license or copyrights to produce any other company’s product is called?
Option A: acquisition
Option B: repetition
Option C: merger
Option D: new packaging of product
Correct Answer: acquisition ✔
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The communication channels such as buzz marketing and word-of-mouth influence are classified as?
Option A: non-personal communication channels
Option B: non-emotional communication channels
Option C: personal communication channels
Option D: irrational communication channels
Correct Answer: personal communication channels ✔
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Option A: idea generation
Option B: idea screening
Option C: concept development and testing
Option D: business analysis
Correct Answer: idea generation ✔
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Option A: print and broadcast media
Option B: word-of-mouth influence
Option C: buzz marketing
Option D: display and online media
Correct Answer: word-of-mouth influence ✔
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Option A: mass marketing
Option B: segmented marketing
Option C: concentrated marketing
Option D: micromarketing
Correct Answer: segmented marketing ✔
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Option A: affordable method
Option B: competitive parity method
Option C: percentage of sales method
Option D: all of above
Correct Answer: all of above ✔
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If the product ideas source is company’s own research and development department, it is said to be?
Option A: internal idea sources
Option B: external idea sources
Option C: systematic idea sources
Option D: resourcing
Correct Answer: internal idea sources ✔
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Option A: percentage of sales method
Option B: affordable method
Option C: competitive parity method
Option D: objective and task method
Correct Answer: percentage of sales method ✔
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Option A: sales promotion
Option B: personal selling
Option C: public relations
Option D: advertising
Correct Answer: sales promotion ✔
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Option A: integrated marketing communications
Option B: integrated strategic channels
Option C: integrated outbound channels
Option D: none of the above
Correct Answer: integrated marketing communications ✔
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The testing technique in which researchers measure customers responses to new products is called?
Option A: controlled test markets
Option B: simulated test markets
Option C: free test markets
Option D: uncontrolled test markets
Correct Answer: simulated test markets ✔
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Option A: growth
Option B: maturity
Option C: decline
Option D: loss
Correct Answer: growth ✔
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Option A: broadcast media
Option B: display media
Option C: online media
Option D: print media
Correct Answer: online media ✔
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Option A: high
Option B: low
Option C: average
Option D: moderate
Correct Answer: low ✔
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Option A: channel designing stages
Option B: strategic stages
Option C: channeling stages
Option D: buyer readiness stage
Correct Answer: buyer readiness stage ✔
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Option A: create product awareness
Option B: maximize the market share
Option C: defend market share and profits
Option D: reduce expenditure
Correct Answer: defend market share and profits ✔
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Option A: broadcast media
Option B: display media
Option C: online media
Option D: print media
Correct Answer: broadcast media ✔
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Option A: high
Option B: low
Option C: average
Option D: moderate
Correct Answer: high ✔
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Option A: fads
Option B: customs
Option C: tradition
Option D: norms
Correct Answer: fads ✔
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Option A: irrational appeal
Option B: moral appeal
Option C: rational appeal
Option D: emotional appeal
Correct Answer: moral appeal ✔
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Option A: create product awareness
Option B: maximize the market share
Option C: defend market share and profits
Option D: reduce expenditure
Correct Answer: reduce expenditure ✔
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Option A: geographic segmentation
Option B: demographic segmentation
Option C: psychographic segmentation
Option D: behavioral segmentation
Correct Answer: demographic segmentation ✔
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Option A: action, intention, design and attention
Option B: action, interest, desire and attention
Option C: agency, intention, design and attention
Option D: attention, interest, desire and action
Correct Answer: attention, interest, desire and action ✔
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Option A: introductory stage
Option B: business analysis stage
Option C: market analysis stage
Option D: product marketing stage
Correct Answer: introductory stage ✔
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Option A: introductory stage
Option B: business analysis stage
Option C: market analysis stage
Option D: product marketing stage
Correct Answer: introductory stage ✔
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Option A: idea generation
Option B: product generation
Option C: market development
Option D: business development
Correct Answer: idea generation ✔
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Option A: create product awareness
Option B: maximize the market share
Option C: defend market share and profits
Option D: reduce expenditure
Correct Answer: maximize the market share ✔
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Option A: percentage of sales method
Option B: affordable method
Option C: competitive parity method
Option D: objective and task method
Correct Answer: objective and task method ✔
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Option A: growth stage
Option B: lately buying stage
Option C: segmenting stage
Option D: targeting stage
Correct Answer: growth stage ✔
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Option A: few
Option B: continuously growing
Option C: stable but declining
Option D: none of the above
Correct Answer: few ✔
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Option A: conventional distribution channel
Option B: horizontal marketing system
Option C: vertical marketing system
Option D: both a and c
Correct Answer: both a and c ✔
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Option A: physical distribution
Option B: supply chain management
Option C: exclusive distribution
Option D: exclusive dealing
Correct Answer: physical distribution ✔
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Option A: promotion mix
Option B: marketing communication mix
Option C: strategic buyer behavior mix
Option D: both a and b
Correct Answer: both a and b ✔
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Option A: vertical management
Option B: horizontal management
Option C: marketing channel management
Option D: distribution management
Correct Answer: marketing channel management ✔
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If the fast food chain has conflict to some of its franchises then this conflict is considered as?
Option A: steep conflict
Option B: slope conflict
Option C: vertical conflict
Option D: horizontal conflict
Correct Answer: horizontal conflict ✔
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Option A: exclusive distribution
Option B: exclusive dealing
Option C: inclusive distribution
Option D: intensive distribution
Correct Answer: exclusive dealing ✔
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Option A: multichannel distribution system
Option B: multichannel system
Option C: multiple intermediary system
Option D: multiple manufacturing franchises
Correct Answer: multichannel distribution system ✔
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Option A: business analysis
Option B: analyzing marketing strategy
Option C: deciding marketing medium
Option D: attracting new engineers
Correct Answer: business analysis ✔
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Option A: flexible channel
Option B: static channel
Option C: direct channel
Option D: indirect channel
Correct Answer: direct channel ✔
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Option A: selective distribution
Option B: intensive distribution
Option C: inclusive distribution
Option D: exclusive distribution
Correct Answer: exclusive distribution ✔
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