Marketing Management
161. The four Cs are ______________.
- Customer focus, cost, convenience and communication.
- Convenience, control, competition and cost.
- Customer solution, cost, convenience and communication.
- Competition, cost, convenience and communication.
Correct answer: (C)
Customer solution, cost, convenience and communication.
162. Brand loyalty indicates customer's ______________ towards the brand.
- Commitment.
- Belief.
- Attributes.
- Quality.
Correct answer: (A)
Commitment.
163. Rising promotion costs and shrinking profit margins are the result of ______________.
- Globalization.
- Changing technology
- Heightened competition.
- Privatization.
Correct answer: (C)
Heightened competition.
164. Marketing is a process of converting the potential customers into ______________ consumers.
- Rare.
- Actual.
- Future.
- New.
Correct answer: (B)
Rare.
165. Marketing is a ______________ process.
- Goal oriented.
- Social.
- Exchange.
- All of these.
Correct answer: (D)
All of these.
166. ______________ is the process whereby individuals decide what ,where ,how and from whom to purchase goods and services.
- Packaging.
- Consumer behavior.
- Segmentation.
Correct answer: (B)
Consumer behavior.
167. The word positioning was coined by.
- All Ryes and Jack Trout.
- Philip otter.
- Petra Ducker.
- None of them.
Correct answer: (A)
All Ryes and Jack Trout.
168. When a firm sets a very low price for one or more of its products with a view to drive its competitors out of market is known as ______________.
- Customary.
- Target pricing.
- Predatory pricing.
- None of these.
Correct answer: (C)
Predatory pricing.
169. The strategy of using as many outlets as possible is called ______________.
- Selective distribution.
- Exclusive distribution
- Intensive distribution.
- None of these.
Correct answer: (C)
Intensive distribution.
170. Which of the following is the largest retail enterprise in the world.
- K mart.
- Wal-Mart.
- Shoppers shop.
- None of these.
Correct answer: (B)
Wal-Mart.