Marketing Management

161. The four Cs are ______________.

  1. Customer focus, cost, convenience and communication.
  2. Convenience, control, competition and cost.
  3. Customer solution, cost, convenience and communication.
  4. Competition, cost, convenience and communication.
Correct answer: (C)
Customer solution, cost, convenience and communication.

162. Brand loyalty indicates customer's ______________ towards the brand.

  1. Commitment.
  2. Belief.
  3. Attributes.
  4. Quality.
Correct answer: (A)
Commitment.

163. Rising promotion costs and shrinking profit margins are the result of ______________.

  1. Globalization.
  2. Changing technology
  3. Heightened competition.
  4. Privatization.
Correct answer: (C)
Heightened competition.

164. Marketing is a process of converting the potential customers into ______________ consumers.

  1. Rare.
  2. Actual.
  3. Future.
  4. New.
Correct answer: (B)
Rare.

165. Marketing is a ______________ process.

  1. Goal oriented.
  2. Social.
  3. Exchange.
  4. 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.

  1. Packaging.
  2. Consumer behavior.
  3. Segmentation.
Correct answer: (B)
Consumer behavior.

167. The word positioning was coined by.

  1. All Ryes and Jack Trout.
  2. Philip otter.
  3. Petra Ducker.
  4. 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 ______________.

  1. Customary.
  2. Target pricing.
  3. Predatory pricing.
  4. None of these.
Correct answer: (C)
Predatory pricing.

169. The strategy of using as many outlets as possible is called ______________.

  1. Selective distribution.
  2. Exclusive distribution
  3. Intensive distribution.
  4. None of these.
Correct answer: (C)
Intensive distribution.

170. Which of the following is the largest retail enterprise in the world.

  1. K mart.
  2. Wal-Mart.
  3. Shoppers shop.
  4. None of these.
Correct answer: (B)
Wal-Mart.
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