wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Midterm for Industrial Marketing FINAL

Total questions: 30

Worksheet time: 26mins

Name
Class
Date
1.

It is define as anything that can be offered to a market for attention, acquisition, use or consumption that might satisfy the wants and needs of a customer or a consumer.

(a)  

2.

A handsfree connector and the after sales service and the period of warranty are the add-on features, which are added to the purchase, is consider as what king of product?

(a)  

3.

It is define as the set of all individuals and organizations that acquire goods and services that enter into the production of other products or services that are sold, rented, or supplied to others.

(a)  

4.

What type of Industrial marketing exchange is Supply of raw materials to the organization to process the finished goods for the end user or consumer?

a)

Information Exchange

b)

Financial Exchange

c)

Product exchange

d)

Social Exchange

5.

What kind of industrial marketing exchange when one organization gives the technical knowledge, economic consultancy, or giving replies to organizational questions to another organization it is termed as information exchange?

a)

Social Exchange

b)

Information Exchange

c)

Financial Exchange

d)

Product exchange

6.

It is defined as the products, which are used for processing or for use in conducting a business.

(a)  

7.

The following are types of industrial marketing exchange, except:

a)

Product exchange

b)

Social Exchange

c)

Financial Exchange

d)

Facilities exchange

8.

In the industrial market, markets are relatively concentrated and channels of distribution are shorter; buyers are well informed, highly organized, and sophisticated in purchasing techniques; and multiple influencers con-tribute different points of view to purchasing decisions.

a)

True

b)

False

9.

Social exchange is important in areas of increasing uncertainty between buyer and seller, avoiding short-term difficulties and thus maintaining a better relation over a long period of time.

a)

True

b)

False

10.

What does IDBI means?

(a)  

11.

Maintenance and auction services are the items like window and furniture cleaning material computer repair etc.

a)

True

b)

False

12.

      A bath soap, toothpaste or pack of salt with no service accompanies them are example of what good?

(a)  

13.

Service can be put forward as an activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything.

a)

True

b)

False

14.

It is a core benefit that the customer gets or the core benefit that the consumer gets on acquiring the product or service

a)

True

b)

False

15.

Actual products have five major characteristics, except:

a)

Price

b)

Quality

c)

Features

d)

Brand name

16.

It refers to the economic results that flow from the industry as each firm pursues its particular line of conduct.

a)

market strategy

b)

market promo

c)

market performance

d)

market information

17.

What is the set of all individuals and organizations that acquire goods and services that enter into the production of other products or services that are sold, rented, or supplied to others?

(a)  

18.

It means activities aimed at the use of natural resources for human welfare, it includes all the primary activities of production.

(a)  

19.

It is defined as a communication or reception of knowledge or

intelligence.

(a)  

20.

What function of marketing involves the use of capital to

meet the financial requirements of the agencies engaged in various

marketing activities?

(a)  

21.

Are those individuals or business concerns which

specialize in performing the various marketing functions and rendering such

services as are involved in the marketing of goods.

(a)  

22.

It refers to the individual who take title

to the goods they handle.

(a)  

23.

It means activities aimed at the use of natural resources for human welfare, it includes all the primary activities of production.



(a)  

24.

Refers to the merchant middlemen who buy and sell

food grains in large quantities

(a)  

25.

They are petty merchant who move

from village to village, and directly purchase the produce from the

cultivators?

(a)  

26.

Refers to a person

operating in the wholesale market who acts as the

representative of either a seller or a buyer.

(a)  

27.

Agent who primarily act for the sellers, including

farmers.

(a)  

28.

An agent who acts on behalf of the traders in the

consuming market

(a)  

29.

What is the Latin word for market?

(a)  

30.

It refers to the merchandise or trade or a place where business is conducted.

(a)