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Question:

The differentiated marketing strategy of segmentation involves _______ products and several ________ programmes to prepare the different market mix for each market segment.
  1. Unusual, segments
  2. Different, segments
  3. Segmented, markets
  4. None of those






Q2. Which of the following businesses would be characterized as a pure service

  1. Insurance
  2. Farming
  3. Mining
  4. There is no such thing as a pure service
Correct Answer

Q3. Mrs. Narayan, the new national sales manager is learning about the internal organizational environment in her company. She will learn about all of the following EXCEPT

  1. Human resources
  2. Financial resources
  3. Service capabilities
  4. Social and cultural environment
  5. Research and development activities
Correct Answer

Q4. According to the BCG matrix. Does a star have the following feature?

  1. Generates less cash
  2. High market growth and low market share
  3. High market share and industry growth
  4. It will not become cash cow after some time
Correct Answer

Q5. Customization is a process of ___ the CRM solution.

  1. Planning
  2. Buying
  3. Fine-tuning
  4. Integrating
Correct Answer

Q6. The work of setting up objectives for selling activities, determining and scheduling the steps necessary to achieve these objectives is known as………….

  1. Selling
  2. Sales policy
  3. Sales programme
  4. Sales planning
Correct Answer

Q7. Which of the following is an example of the external natural environment for a manufacturer of metal lawn furniture?

  1. A longer than usual distribution channel due to a rail strike
  2. Consumer trend toward treating gardens like another room
  3. The popularity of metal lawn furniture that looks vintage rather than newly bought
  4. A flood at the manufacturer's main warehouse
  5. Inflationary pricing by competitors
Correct Answer

Q8. The brand name or logo should not be used generically or commonly, as this leads to the dilution of the brand value

  1. True
  2. False
Correct Answer

Q9. Under the process of behavioural segmentation, we consider _______ and ______ as two major criteria.

  1. Benefits, personality
  2. Personality, life-style
  3. Occasions, benefits
  4. Occasions, life-style
Correct Answer

Q10. ___ are often factors that a business cannot control.

  1. Process variation
  2. Cost reduction
  3. External forces
  4. Turnover
Correct Answer










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