This quiz works best with JavaScript enabled. Home > Economy > Business > Marketing Management – Quiz 10 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Marketing Management Quiz 10 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In today's world, marketing should be done by ..... employee in organization A) Marketing. B) Marketing, sales and customer support. C) Sales and technology. D) Management and marketing. E) All. Show Answer Correct Answer: E) All. 2. What is the term that describes the decisions a company makes regarding all of the different types of products the company will sell? A) Market segmentation. B) Marketing. C) Marketing Mix. D) Product/Service Mix. Show Answer Correct Answer: D) Product/Service Mix. 3. AMONG THE 3 TYPES OF DIVERSIFICATION STRATEGIES, ..... IS A MUCH RISKIER STRATEGY THAN THE 2 OTHER TYPES. A) CONCENTRIC DIVERSIFICATION. B) CONGLOMERATE DIVERSIFICATION. C) HORIZONTAL DIVERSIFICATION. D) None of above. Show Answer Correct Answer: B) CONGLOMERATE DIVERSIFICATION. 4. For the security precaution listed below, select the option(s) that would help deter shoplifting, robbery, or employee theft. Use S, R, and ET to indicate your choiceLimit amount of cash on site A) S (Shoplifting). B) R (Robbery). C) ET (Employee Theft). D) None of above. Show Answer Correct Answer: B) R (Robbery). 5. The main function of ..... is to provide information required by law. A) Labelling. B) Packaging. C) Branding. D) All the above. Show Answer Correct Answer: A) Labelling. 6. This is a deeply held commitment to rebuy or patronized a preferred product or service. A) Awareness. B) Trial. C) Loyalty. D) Interest. Show Answer Correct Answer: C) Loyalty. 7. The policy at Will's Hardware store is that if you find a lower price at a competitor's store, they will match the price. This is known as a goal in pricing where the firm will meet the ..... A) Market share. B) Return on investment. C) Competition. D) Cost-Benefit Analysis. Show Answer Correct Answer: C) Competition. 8. Which of the follwong is non-personal and non-paid form of promotion mix? A) Advertisement. B) Sales Promotion. C) Publicity. D) Personal Selling. Show Answer Correct Answer: C) Publicity. 9. Marketing plans help marketers understand past decisions and outcomes better so that they can avoid ..... A) Repeating past mistakes. B) Writing new marketing plans. C) Explaining problems to management. D) Losing market share. Show Answer Correct Answer: A) Repeating past mistakes. 10. Haiti's economy is based mainly on agricultural products such as coffee. This is considered which type of economic system? A) Command. B) Market. C) Traditional. D) Mixed. Show Answer Correct Answer: C) Traditional. 11. When Lois, a small business owner, decides to become a sponsor in his local community's annual Cancer Walk in order to create publicity for his company, he is making decisions in relation to the ..... marketing function. A) Promotion. B) Marketing Information Systems/Market Research. C) Product/Service Management. D) Selling. Show Answer Correct Answer: A) Promotion. 12. Market ..... is the process of classifying customers by needs and wants. A) Share. B) Target. C) Segmentation. D) Profiling. Show Answer Correct Answer: C) Segmentation. 13. Using the push strategy is most appropriate when ..... A) The product being sold is an impulse item. B) There is high brand loyalty for the product. C) The product is a high involvement purchase. D) Consumers choose the brand before they go to the store. Show Answer Correct Answer: A) The product being sold is an impulse item. 14. Decision regarding credit sale belongs to which type of Marketing mix? A) Price. B) Product. C) Physical Distribution. D) Promotion. Show Answer Correct Answer: A) Price. 15. Yayasan Al-Bukahari is an organization that donates part of its earning to local charity organizations. Yayasan Al-Bukhari has which type of marketing management philosophy. A) Production. B) Sales. C) Promotion. D) Societal. Show Answer Correct Answer: D) Societal. 16. Which of the following is the primary computer-system tool used to input data: A) Software. B) Printer. C) Keyboard. D) Hardware. Show Answer Correct Answer: C) Keyboard. 17. Satisfying customer needs and wants while meeting organizational objectives A) Sales. B) Production. C) Market. D) Societal. Show Answer Correct Answer: C) Market. 18. What is the fullname of the reporter in Creating Brand Equity? A) Josh Cabural. B) Josua Cabural. C) Joshua Cabural. D) Joshuah Cabural. Show Answer Correct Answer: B) Josua Cabural. 19. Refer to a value premium that a a company generates from a product with a recognizable name when compared to a generic equivalent. A) Brand Value. B) Brand Equity. C) Brand Positioning. D) Brand Performance. Show Answer Correct Answer: B) Brand Equity. 20. Where in a marketing plan would a business discuss how it plans to communicate with its customers? A) Marketing objecgtives. B) Situation analysis. C) Executive summery. D) Marketing strategies and procedures. Show Answer Correct Answer: D) Marketing strategies and procedures. ← PreviousNext →Related QuizzesEconomy QuizzesMarketing Management Quiz 1Marketing Management Quiz 2Marketing Management Quiz 3Marketing Management Quiz 4Marketing Management Quiz 5Marketing Management Quiz 6Marketing Management Quiz 7Marketing Management Quiz 8Marketing Management Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books