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Question:

Independent firms at different channel levels integrate their programs on a contractual basis to achieve systemic economies and increased market impact are known as……….
  1. Corporate vertical marketing systems
  2. Contractual vertical marketing systems
  3. Administered vertical
  4. None of the above






Q2. Services marketing become difficult because of

  1. Intangibility
  2. no demand
  3. More complex market
  4. Difficult to enter the market
Correct Answer

Q3. When channel members assume responsibility for one or more of the marketing flows over at least two separate levels of distribution manufacturing and wholesaling, in fact, such systems are synonymous with both forward and backward vertical integration is known as…………

  1. Corporate vertical marketing systems
  2. Contractual vertical marketing systems
  3. Administered vertical marketing systems
  4. None of the above
Correct Answer

Q4. _____ refers to the knowledge and courtesy of employees and their ability to convey trust and confidence.

  1. Empathy
  2. Reliability
  3. Responsiveness
  4. Assurance
  5. Tangibles
Correct Answer

Q5. Results in the practice of too narrowly defining one’s business

  1. Services marketing
  2. Marketing management
  3. Marketing myopia
  4. Customer experience
Correct Answer

Q6. With respect to a channel of distribution, the number of intermediary levels within the channel indicates the ____________ of a channel.

  1. width
  2. depth
  3. length
  4. similarity
Correct Answer

Q7. Marketing is a process that creates, communicates and delivers .....

  1. Services to customers
  2. Products to customers
  3. Value to customers
  4. Materialistic benefits to the customer
Correct Answer

Q8. To overcome competition, a company must provide greater ___ than its competitors.

  1. customer satisfaction
  2. offers
  3. channels
Correct Answer

Q9. _______________ is a layer of intermediaries that performs some work in bringing the product and its ownership closer to the buyer.

  1. A direct marketing channel
  2. An indirect marketing channel
  3. A channel level
  4. A channel switching system
Correct Answer

Q10. The major focus of the societal marketing concept is –

  1. Profit only
  2. Society’s well being only
  3. Satisfaction of customer only
  4. All of these
Correct Answer










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