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WorksheetsMKTPR 1st year quiz
Total questions: 40
Worksheet time: 20mins
The products that are sold through wide spread network are classified as:
Convenience products
shopping products
unsought products
sought consumer products
The ________ consists of all the organizations that acquire goods and services used in the production of other services or products that are sold, rented or supplied to others.
Consumer Market
Organizational Market
Government Market
None of the above
Fewer, larger buyers is the key characteristic of _________
Business market
Consumer market
Both a and b
None of the above
What is the term for a market that is defined by specific characteristics?
Market niche
Market division
Market characteristic
Market segment
Bread and milk are which kind of products?
Specialty Products
Convenience products
Shopping products
Unsought products
Adding new features to a product is advocated by which of the approaches?
Product Approach
Production Approach
Marketing Approach
Selling Approach
Which of the following is considered a “key player” in the marketing industry?
Marketer
Suppliers or vendors
Distributors or retailers
All of the above
________ markets include a wide variety of profit and nonprofit organizations, such as hospitals, government agencies, and schools, which provide goods and services for the benefit of society.
Consumer
Business-to-business (Industrial)
Reseller
Institutional
Buying of supplies by the MIRA will be classified as:
Business markets
Reseller markets
Government markets
International markets
Which of the following is NOT considered a type of reseller?
Wholesaler
Retailer
Manufacturer
Distributor
The goods that are frequently and immediately bought by consumer's are called as:
Unsought goods
Convenience goos
Shopping goods
Specialty goods.
The products that are bought to be used in conduct of business is called ...........
Consumer products
industrial products
augmented products
core customer value
Extension of marketing activities across the globe is called as ______.
International Business
Universal Marketing
International Marketing
Borderless Marketing
________ factors affects international marketing decisions.
Political
Economical
Social
All of the above
______ refers to the selling of the products below the cost of production or at below the ongoing price in the market.
Gate pricing
Dumping
Cheap pricing
Countertrade
An arrangement to pay for import of goods and services with something other than cash is known as _____.
Countertrade
Dumping
Dropshipping
Reversal buying
Soap and Shampoo are which kind of products?
Specialty Products
Convenience products
Shopping products
Unsought products
Brands have to keep updating their _________ overtime vis a vis newer and stronger competitors.
Unique Selling Proposition
Point of Differentiation
Consumer research
Repositioning
The most basic level of a product is called the
Core product.
Basic product.
Potential product.
Augmented product
The Parker pen company make good quality pens and pencils. Their ballpoint pens come in various styles and with different coloured ink. Which ring of the total product offering model does the coloured ink fit into?
Core product.
Basic product.
Fundamental product.
Augmented product
Mary is getting married and she wants everything on the day to be perfect, especially the dress. What kind of product is a wedding dress?
speciality
convenience
white goods
accessory
Sony laptops have a sticker on them which says ‘Intel inside’. This is an example of what?
Store branding
Family branding
Individual branding
Co- branding
New product development involves:
Efforts to create family legacy values
Efforts to develop unique and novel products based on common platforms
Efforts to address changes to minor flaws in existing products
Efforts to create a new twist on an existing product design
The product life cycle:
Describes the stages a new product idea goes through from beginning to end.
Has Six major stages.
Applies more to individual brands than to categories or types of products.
Shows that sales and profits tend to move together over time
____________ is the process of finding and fixing the complete identification of any product.
Product mixing
Marketing
Selling
Branding
In order to improve upon its competitive edge, ABC Limited has change the packaging of its hair care products. They are now available in a consumer friendly design, which has a nozzle attached to the lid so that at the time of usage, the consumer doesn’t need to open the cap of the bottle. Name the marketing function being explained in the given lines.
Product designing and development
Customer support services
Promotion
Physical distribution
When Seema had sent her maid to the market to buy a pack of chips, she asked her specifically to bring the yellow coloured packet of chips of a particular brand. Identify the function of packaging being described in the above line.
Helps in product identification
Provides protection to the product
Facilitates the use of product
Assists in promotion of the product
__________________________ are the goods used in producing the finished goods.
Capital items
Materials and parts
Unsought products
Impulse Goods
_______ are goods that are used for manufacturing the product
Capital items
Materials and parts
Unsought products
Impulse Goods
The _______of a product mix implies to the total number of items in the product mix.
Length
Depth
Width
Consistency
The product is a combination of __________ and _______________.
formal and augmented.
tangible and intangible.
core and augment.
benefits and satisfaction
Which of the following is not a classification of consumer goods?
convenience goods.
shopping goods.
specialty goods.
component goods.
Which of the following is a shopping good for most people?
Biscuits
washing machine
Mutual funds
Rolls Royce.
Which one of the following is an important source of idea generation due to their familiarity with the needs of market?
Existing products and services
Distribution channels
Federal government
Consumers
Today the four Ps are compared to the four Cs. Product are called _____.
Communication
customer solution
customer cost
convenience
Health insurance can be considered to be a ________.
specialty product/service
shopping product/service
convenience product/service
unsought product/service
The term '________' refers to the number of product lines offered by a firm.
secondary
primary
breadth
depth
In an inter collegiate quiz competition, the participants were shown empty bottles of soft drinks and were asked to identify the brands. All the participants were able to do so. Identify the related point highlighting the importance of packaging which is being described:
Rising standards of health and sanitation
Facilitates product differentiation
Facilitates product differentiation
Useful in self service outlets
On visiting a supermarket to buy a pack of moisturizer, Manisha noticed that the packaging of most of the beauty products exhibited a photograph of a celebrity. Identify the related function of packaging being described:
Facilitates the use of product
Assists in promotion of the product
Helps in product identification
Provides protection to the product
Shuvali went to a shop and expressed her desire to buy a copper water bottle only of Dr. Copper World company. Identify the component related to branding being described in the above case.
Trademark
Generic name
Brand name
Brand mark
