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Question:

Through their contacts, experience, specialization, and scale of operation, ______________ usually offer the firm more than it can achieve on its own.
  1. manufacturers
  2. producers
  3. direct marketers
  4. intermediaries






Q2. Two genres of consumer market segmentation are _________ and ________.

  1. Demographic, promotional
  2. Behavioral, geographic
  3. Geographic, social
  4. Psychographic, economic
Correct Answer

Q3. Under the diversification strategy, the firm tries to –

  1. Remain in the same product line
  2. Move into other products lines but removes previous product lines
  3. Move into new product lines and retains the existing product lines
  4. All of these
Correct Answer

Q4. From the economic system’s point of view, the role of marketing intermediaries is to transform:

  1. raw products into finished products.
  2. consumer needs into producer needs.
  3. consumer needs and wants into product desires.
  4. assortments of products made by producers into the assortments wanted by consumers.
Correct Answer

Q5. _____ refers to the willingness to help customers and to provide prompt service.

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

Q6. John, the sales manager for a building materials company, knows the customers in one profitable sales territory, are particularly hostile to women sales reps. John faces an ethical dilemma primarily in the area of:

  1. Determining compensation and incentives
  2. Equal treatment in hiring and promotion
  3. Respect for individuals in supervisory and training programs
  4. Fairness in the design of sales territories
  5. Fairness in the assignment of sales territories
Correct Answer

Q7. Which one of the following options is the correct benefit of SFA?

  1. Decreases trading and increases administration
  2. Helps to close agreements slower
  3. Provides real-time visibility into sales
  4. Helps to implement consistent sales processes across departments only
Correct Answer

Q8. What is the full form of VMS?

  1. Velocity moving system
  2. Vertical marketing system
  3. Vertical moving system
  4. Very moveable system
Correct Answer

Q9. Which one of the following is not a necessary condition to be met during the process of exchange?

  1. Each party is capable of communicating
  2. Each party has to arrange its own logistics system
  3. Each party has the ability and desire to indulge in exchange
  4. Each party has something that is of some value to the other party
Correct Answer

Q10. The higher the inflation, the –

  1. Lower would be the purchasing power of consumers
  2. higher would be the purchasing power of consumers
  3. Least affected would be the consumers of all genres
  4. Least affected would be the consumers of creme de’ la crème genre
Correct Answer










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