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WorksheetsMArketing Management -fundamental
Total questions: 65
Worksheet time: 41mins
Sunita calls her friend Suman and requests her to sell one of her paintings to Rama’s mother. In this transaction who is the marketer
Sunita
Suman
Both
None
Needs of _________ are being focused in Marketing.
Customer
producer
Retailer
wholesaler
This marketing concept focuses on persuading and convincing customers to buy the Products-
production
product
selling
marketing
______ refers to classifying the product into different groups with same characteristics.
grading
branding
packaging
labeling
Name the element of product mix which acts as a silent salesmen as it induces customers to buy the product.
packaging
branding
labeling
none of the above
Name the part of brand which can’t be spoken but can be recognized.
(a)
Which among the following is not an element of marketing mix –
Product
Price
Place
Advertising
Magazines and pastries are examples of ____________ products.
a) Convenience
b) Shopping
c) Specialty
d) All the above
Which of the following products consume maximum time and effort to purchase –
Convenience
Shopping
Specialty
All the above
The main function of __________ is to provide information required by law.
Labelling
packaging
Branding
all the above
Type of products which cannot be sold without technical knowledge –
Durable
Industrial
Convenience
none of above
A car manufacturing company entered into the market with air conditioner and now introduced products like refrigerator, washing machine and other electronic items. The company not only offering the product but also handling complaints and after sales services.
Identify the element of marketing mix discussed here.
product mix
price mix
place mix
promotion
Monika purchased a packet of chips from the local grocery shop. The information provided on the bottle was not clear. She fell sick on consuming it. She filed a case in the district forum and got the relief.
i) Identify the important aspect neglected by the marketer in the above case.
(a)
The level of packing used to present a gift to your friend on his birthday –
Primary
Secondary
Transportation
None
Publicity refers to –
Non paid form of impersonal communication
Paid form of impersonal communication
Non paid form of personal communication
Paid form of personal communication
Process of gathering, analyzing, and interpreting information about market, product, or service to be offered for sale in the market, about the past, present and potential customers for the product or service.
MARKETING PLAN
MARKET RESEARCH
MARKETING STRATEGY
PRODUCT TESTING
Which part of the four P's pf marketing mix effects the location and transportation of the product
Product
Price
Place
Promotion
What is not part of the marketing mix ?
Place
Product
Price
Person
Fast food restaurants such as McDonalds use this pricing strategy for selling combos of burgers, fries and a beverage at a lower price than the total price of the items sold individually. This is an example of:
Discounts
Stability pricing
Price discrimination
Product-bundle pricing
A clothing store puts all its products at 50% discount, due to the change of season. This is an example of:
Survival pricing
Price discrimination
Block pricing
Promotion
The first step in market segmentation is:
the determination of segment profitability
needs-based segmentation
segment identification
the use of predetermined segment attractiveness criteria
segment positioning
Getting consumers to recognize and remember a brand is ...
brand awareness
brand equity
brand extenstion
brand loyalty
Which of the following is a primary purpose of a business?
Profit
Satisfying consumer needs
Gaining market share
all of the listed responses
Wrong We're trying to decrease the manufacturing costs in order to get a better profit ___________ on this product.
limit
margin
surplus
What type of business is A business owned by only one person.
partnership
sole proprietorship
corporation
franchise
What function of the business is The process of creating, promoting, and presenting a product to the consumers.
operations
information technology
accounting
marketing
It is the person who buys products or services.
Investor
Consumer
Director
Employee
The money that a company earns from selling their products or services for a year is called __________.
PROFIT
REVENUE
OVERHEADS
VARIABLE COST
Mike buys mugs for $2 each, then he sells them for $6 each. What is his gross margin?
(a)
Who is the Father of marketing?
E.J.Mc Carthy
Philip Kotler
Robert Lautherborn
Stanton
Task environment in marketing is otherwise referred to as :
Micro environment
Macro environment
Competitive environment
Socio-cultural environmnet
Marketing that utilizes Internet and online based technologies is known as ...
Relationship Marketing
Traditional Marketing
Digital Marketing
Cause Marketing
A marketing .............. refers to a business's overall plan for reaching prospective consumers.
price
promotion
strategy
place
The act of buying of the same brand over and over again is known as ...
prospective buyer
advertising campaign
company image
buying habit
A ...................... is a special saying made from a few words that helps identify the company or brand.
logo
coupon
banner
slogan
When someone famous uses their own image to help promote a particular product, it is called ........... .
billboard
endorsement
placement
spread
Comprehensive document or blueprint that outlines the advertising and marketing efforts for the coming year.
Marketing Plan
Market Research
Marketing Strategy
Product Testing
Digital Ads, Billboards, Newspapers and Magazines are _____________.
DISPLAY ADS
PODCASTS
SOCIAL MEDIA ADS
Pinterest, Instagram, Facebook are example of ........
DISPLAY ADS
PODCASTS
SOCIAL MEDIA ADS
VIDEO ADS
Specific offer designed to increase sales
repeat customers
publicity
sales promotion
ads
The name, logo, tone, tagline, typeface, and shape that create an appeal for a business
sales
loyalty program
publicity
brand identity
How and where the product will be made available to consumers in the market, selection of distribution channels, and partners
Product
Place
Promotion
Price
A series of media releases, conferences, social images, etc., that make up and maintain the reputation of an organization and its brands.
public relations
press release
supporting charitable causes
reviews from customers
