Multiple Choice Questions - V Commerce - V: Unit 1
Multiple Choice Questions - V Commerce - V: Unit 1
Multiple Choice Questions - V Commerce - V: Unit 1
T.Y.B.Com Sem – V
Commerce – V
Unit 1
3. The controllable variables a company puts together to satisfy a target group is called the _______.
a. Marketing strategy
b. Marketing mix
c. Strategic planning
d. Marketing concept
4. Buying and selling of mass consumer goods and services comes under which of the
following markets?
a. Business markets
b. Global markets
c. Consumer markets
d. Government markets
6. “Many people want a BMW but only a few are able to buy”, is an example
a. Need
b. Want
c. Demand
d. Status
10. One of the key tasks of marketers is ______and to create consumer perceptions that the
product is worth purchasing.
a. To make products easily visible and available
b. To promote sales of products
c. To differentiate their products from those of competitors
d. To do marketing surveys
14. Dividing the market into distinct groups of buyers with different needs, characteristics or
behavior is .
a. Diversification
b. Distribution
c. Segmentation
d. Saturation
17. ________is the process of dividing a heterogeneous market into homogeneous sub markets.
a. Market Diversification
b. Market Distribution
c. Market Segmentation
d. Market Saturation
18. Consumers who always buy the same brand are called __________.
a. Hard core loyal
b. Split core loyal
c. Shifting loyal
d. Switchers
19. Consumers who always loyal to two or three brands are called ______.
a. Hard core loyal
b. Split core loyal
c. Shifting loyal
d. Switchers
20. Consumers who shift from one brand to another are called ______.
a. Hard core loyal
b. Split core loyal
c. Shifting loyal
d. Switchers
21. Consumers who show no loyalty to any brand are called ________.
a. Hard core loyal
b. Split core loyal
c. Shifting loyal
d. Switchers
22. What are the activities that form a part of the marketing mix.(the 4ps)
a. Product, price, production, packaging
b. Packaging, point, price, place
c. Product, price, place, promotion
d. Product, price, production, packaging
24. __________portrays the “whole person” interacting with his or her environment.
a. Attitude
b. Reference group
c. Lifestyle
d. Culture
25. Which one of the following factor relates to family that influences consumer behavior?
a. Cultural
b. Social
c. Demographic
d. Psychographic
28. If actual performance exceeds the expected performance of the product, Then customer is
a. Satisfied
b. Dissatisfied
c. Delighted
d. Neutral
29. Marketing managers should adapt the marketing mix to ________ and constantly monitor
value changes and differences in both domestic and global markets.
a. Sales strategies
b. Marketing concepts
c. Cultural values
d. Brand images
30. _________ is the study of how individuals, groups, and organizations select, buy, use, and
dispose of goods, services, ideas, or experiences to satisfy their needs and wants.
a. Target Marketing
b. Psychographic Segmentation
c. Product Differentiation
d. Consumer Behavior
31. A person’s ________ consist(s) of all the groups that have a direct (face-to-face) or indirect
influence on his/her attitudes or behavior.
a. Culture
b. Subculture
c. Psychographics
d. Reference Groups
32. When a manager focuses on making whatever products are easy to produce, and then trying
to sell them, that manager has a ___________________ orientation.
a. Marketing
b. Production
c. Sales
d. Profit
33. Modem concept of marketing revolves around ________.
a. Customers
b. Society
c. Ground of organization
d. Competitors
Unit 2
1. Anything that can be offered to a market for attention, acquisition, use, or consumption that
might satisfy a want or need is called a(n):
a. Idea
b. Demand
c. Product
d. Service
4. Identify the products that the customer usually buys frequently and with a minimum of
comparison and buying effort.
a. Specialty
b. Convenience
c. Unsought
d. Augmented
6. If actual performance of the product exceeds the expected performance of the product, Then
customer is
a. Satisfied
b. Dissatisfied
c. Delighted
d. Neutral
7. Which of the following is a name, term, sign, symbol, design, or a combination of these, that
identifies that maker or seller of a product or service?
a. Label
b. Co-brand
c. Brand
d. Product
12. Price is the only element in the marketing mix that produces:
a. Fixed cost
b. Expense
c. Variable cost
d. Revenue
13. The skimming, penetration, bargaining and bundling are decided in the of
the Marketing Mix strategy.
a. Price Decisions
b. Place Decisions
c. Product Decisions
d. Promotion Decisions
14. pricing is the approach of setting a low initial price in order to attract a large number of
buyers quickly and win a large market share.
a. Skimming
b. Penetration
c. Psychological
d. Cost based
17. A ________is a set of all product lines and items that a particular seller offers for sale.
a. Product mix
b. Product line
c. Product width
d. Product length
20. __________refers to the average number of items offered by the company in each product
line.
a. Product mix
b. Product depth
c. Product width
d. Product length
21. _________is a part of the product, which carries verbal information about the product.
a. Label
b. Brand
c. Trademark
d. Package
23. Price is the only element in the marketing mix that produces:
a. Fixed cost
b. Expense
c. Variable cost
d. Revenue
24. _____ pricing is the approach of setting a low initial price in order to attract a large number of
buyers quickly and win a large market share.
a. Market-skimming
b. Value-based
c. Market-penetration
d. Leader
27. If ________ people are aware about the brand then equity would be more.
a. Few
b. Intelligent
c. More
d. Less
28. Brand _______ involves purchasing the brand repeatedly over a period of time.
a. Transition
b. Loyalty
c. Extension
d. Fatigue
29. In __________ Pricing Strategy or variable pricing strategy, the manufacturer charges
different prices to similar customers.
a. Single
b. Flexible
c. Odd
d. One
30. Product Mix _______ means reducing the number of activities by discontinuing those
products.
a. Development
b. Contraction
c. Management
d. Expansion
31. A _________ is the actual container, covering or wrapper to protect the product.
a. Brand
b. Label
c. Design
d. Package
32. ___________ are short catchy phrases that communication information about the brand.
a. Logo
b. Characters
c. Slogans
d. Packaging
33. During ________stage consumers start switching over to other brands.
a. Maturity
b. Decline
c. Growth
d. Inception
34. ________ stage is the stage where the demand and sales reach the saturation point.
a. Inception
b. Growth
c. Maturity
d. Decline
35. During _________ stage the product is launched in the market.
a. Inception
b. Maturity
c. Growth
d. Decline
Unit 3
a. Transportation
b. Financing
c. Risk bearing
d. Selling
a. Transportation
b. Financing
c. Risk bearing
d. Warehousing
5. Which of the following 4Ps of marketing mix involves decisions regarding channels coverage,
assortments, locations, inventories or transports?
a. Product
b. Price
c. Place
d. Promotion
11. “How are you telling consumers in your target group about your product” This question
belongs to which marketing concept?
a. Product
b. Price
c. Place
d. Promotion
a. Personal selling
b. Sales promotion
c. Advertising
d. Publicity
15. involves paid form of non personal presentation and promotion of ideas.
a. Personal selling
b. Sales promotion
c. Advertising
d. Publicity
21. Which of the following 4Ps of marketing mix involves decisions regarding channels coverage,
assortments, locations, inventories or transports?
a. Product
b. Price
c. Place
d. Promotion
23. When a company distributes its products through a channel structure that includes one or
more resellers, this is known as ________.
a. Indirect marketing
b. Direct marketing
c. Multi-level marketing
d. Integrated marketing
26. A _________ of distribution is the route taken by the title to the product as it moves from the
producer to the ultimate consumer or industrial user.
a. Canal
b. Channel
c. Highway
d. Place
Unit 4
3. ______ Media have a greater effect then impersonal ones in the rural marketing
context.
a. Personal
b. Impersonal
c. Direct
d. Indirect
4. Buying goods and services for further processing or for use in the production
process refers to which of the following markets?
a. Consumer markets
b. Government markets
c. Business markets
d. International Market
5. Market ______ has a dominant position in the market.
a. Challenger
b. Leader
c. Follower
d. Nicher
6. ________ are small firms that target small market.
a. Challenger
b. Leader
c. Follower
d. Nicher
7. _________marketing refers to marketing of products that are environmentally safe.
a. Social
b. Societal
c. Traditional
d. Green
8. The word Ethics is derived from ________ word ‘Ethos’.
a. German
b. Greek
c. Latin
d. Sanskrit
9. ________ organization assist the consumers in legal matters.
a. Social
b. Political
c. Consumer
d. Government
10. Harmful products like cigarettes are promoted through _______ ads.
a. Advocacy
b. Social
c. Surrogate
d. Consumer
11. Ethics is a branch of ________.
a. Psychology
b. Sociology
c. Philosophy
d. Economics
12. Cloner Strategy is followed by market ________
a. Leader
b. Follower
c. Challenger
d. Manager
13. Children are ________ targets.
a. Fixed
b. Hard
c. Variable
d. Soft
14. In rural marketing distribution is_________.
a. Simple
b. Complex
c. Difficult
d. Easy
15. Green Marketing is ________ safe.
a. Socially
b. Economically
c. Environmentally
d. Politically
16. Career Potential in marketing is _______.
a. Unlimited
b. Limited
c. Restricted
d. Difficult
17. ________ brand recall disturbs consumer patronage.
a. High
b. Low
c. Frequent
d. Medium
18. _______ search has become a revolution in marketing.
a. Web
b. Intranet
c. Internet
d. Voice
19. Understanding _________ makes brands successful.
a. Preference
b. Psychology
c. Competitor
d. Prestige
20. Positioning has now become a _______ activity.
a. Commercial
b. Management
c. Holistic
d. Modern
21. ________ Marketing is the base of digital marketing.
a. Internet
b. Mobile
c. Viral
d. Psychology
22. ________attack means small and sudden attacks on competitors.
a. Flank
b. Guerrilla
c. Bypass
d. Advocacy
23. _______ is not a social media.
a. Facebook
b. Linked in
c. E-Mail
d. Twitter
24. _________ means making subjective claims in advertising.
a. Surrogate
b. Puffery
c. Exaggeration
d. Flank
25. A nicher serves _______ segment of the market.
a. Very Small
b. Small
c. Large
d. Medium
26. Non - Conventional rural – centric media includes ________.
a. Newspapers
b. Folk
c. Television
d. Radio
27. _______ refers to online commerce transactions between business.
a. B2C
b. B2B
c. C2C
d. B2G