This quiz works best with JavaScript enabled. Home > General Knowledge > Economy > Business > Marketing Management – Quiz 15 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Marketing Management Quiz 15 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What is not included in the marketing mix strategy is? A) Promotion. B) Plan. C) Place. D) Price. E) Product. Show Answer Correct Answer: B) Plan. 2. Buy 2 soaps get 1 soap free. Identify the technique of sales promotion. A) Rebate. B) Discount. C) Quantity gift. D) Product combination. Show Answer Correct Answer: C) Quantity gift. 3. An analysis of outside influences on an organization is called: A) Marketing mix. B) SWOT analysis. C) Executive summary. D) PEST analysis. Show Answer Correct Answer: D) PEST analysis. 4. Jason works for Sky Airlines. When reserving airline tickets for customers by telephone, Jason needs to obtain the customer's desired arrival and departure locations, travel dates, and A) Passport and credit card information. B) Identification number and email adress. C) Contact and payment information. D) Telephone number and travel code. Show Answer Correct Answer: C) Contact and payment information. 5. Rob decides that he really can't know if Patrick will help him unless he asks, so he decides to do so. Which step of the seven-step problem-solving method does this situation illustrate? A) Evaluate the solution. B) Select and implement a solution. C) Define the problem. D) Determine possible solutions. Show Answer Correct Answer: B) Select and implement a solution. 6. The ..... is something that the consumer needs or wants. a. Price b. Product c. Package d. Item A) A. B) B. C) C. D) D. Show Answer Correct Answer: B) B. 7. Deciding the amount to charge customers for products/services based on demand, completion, and the costs of raw materials. A) Pricing. B) Distribution. C) Marketing Information Systems/Market Research. D) Product/Service Management. Show Answer Correct Answer: A) Pricing. 8. Which of the following is NOT likely to be a demographic characteristic of a population? A) Income level. B) Age. C) Education. D) Lifestyle. Show Answer Correct Answer: D) Lifestyle. 9. Nikki loves order and efficiency. She works to make sure that the supply chain is running properly and loves to organize and track her company's products. Which career path is Nikki most likely in? A) Buying and Merchandising. B) Distribution and Logistics. C) E-Marketing. D) Management. Show Answer Correct Answer: D) Management. 10. Before introducing a product to the marketplace, a business might monitor its competitors' ..... strategies. A) Scheduling. B) Auditing. C) Training. D) Pricing. Show Answer Correct Answer: D) Pricing. 11. Producing a positive public image. Campaign to create a favorable public image for a person, organization or company is the definition for ..... A) Public Relations. B) Mass Marketing. C) Product Line. D) Promotions. Show Answer Correct Answer: A) Public Relations. 12. Direct marketing is also known as: A) Three channel. B) Zero channel. C) Two channel. D) One channel. Show Answer Correct Answer: B) Zero channel. 13. Rechargeable batteries are an example of what type of innovation? A) Product. B) Categorical. C) Paradigm. D) Convertible. Show Answer Correct Answer: A) Product. 14. This includes all the experiences the customer will have on the way to obtaining and using the offering. A) Customer Relationship Management. B) Loyalty. C) Value Proposition. D) Value Delivery System. Show Answer Correct Answer: D) Value Delivery System. 15. Components of a laptop are examples of A) Durable products. B) Materials and parts. C) Installations. D) Maintenance and repairs. Show Answer Correct Answer: D) Maintenance and repairs. 16. A means of encouraging appropriate workplace behavior in order to improve employee performance. A) Preventive discipline. B) Corrective Discipline. C) Remedial action. D) Effective Management Techniques. Show Answer Correct Answer: C) Remedial action. 17. Companies pursue ..... as their major price objective if they are plagued with overcapacity, intense competition, or changing consumer wants. A) Market skimming. B) Maximum market share. C) Survival. D) Maximum profit share. Show Answer Correct Answer: C) Survival. 18. Choose the concept to the following definition:It consists of the actors and forces outside marketing that affect marketing management's ability to build and maintain successful relationships with target customers. A) Microenvironment. B) Macroenvironment. C) Marketing Environment. D) None of above. Show Answer Correct Answer: C) Marketing Environment. 19. Which of the following statements is true of spreadsheets: A) "Row" and "column" are interchangeable terms. B) A cell is where a column and row intersect. C) A column is horizontal, while a row is vertical. D) A row is where a column and cell intersect. Show Answer Correct Answer: B) A cell is where a column and row intersect. 20. Why does a company measure productivity? A) Understand the capacity of a company at a given time. B) To see who is a good worker. C) Reduce costs. D) Increase sales. Show Answer Correct Answer: A) Understand the capacity of a company at a given time. 21. Give clear directions; Be consistent; Treat employees fairly; Be firm when necessary; Set a good example; Delegate responsibility; Foster teamwork; Be ethical. A) Effective Management Techniques. B) Horizontal Organization. C) Rewards and encourage creativity. D) Human Resources. Show Answer Correct Answer: A) Effective Management Techniques. 22. ..... are an important link within the company's overall "value delivery system" since they supply the resources required by the company to produce its merchandise and service. A) Competitor networks. B) Marketing intermediaries. C) Suppliers. D) Service representatives. Show Answer Correct Answer: C) Suppliers. 23. Products that move back to the manufacturer for recycling or refurbishing are moving through ..... channels. A) Multi-flow. B) Disposal. C) Industrial. D) Reverse-flow. Show Answer Correct Answer: D) Reverse-flow. 24. Product information gathered from Internet use is: A) Market research. B) Implementation. C) Market segmentation. D) Demographics. Show Answer Correct Answer: A) Market research. 25. Manny has a new idea for a new cleanser that would decrease the time in cleaning tiled floors. He thinks this product would be better than any cleanser currently on the market. Which of the four Ps should these investors consider first? A) Place. B) Price. C) Product. D) Promotion. Show Answer Correct Answer: C) Product. 26. Why is it important for businesses to monitor customer purchases? A) To satisfy consumers' needs and wants. B) To block consumers' economic votes. C) To promote slow-selling merchandise. D) To classify their products. Show Answer Correct Answer: A) To satisfy consumers' needs and wants. 27. This includes the packaging, style, feature, quality, and the brand name of the product. A) Core Benefit. B) Actual Product. C) Potential Product. D) Augmented Product. Show Answer Correct Answer: B) Actual Product. 28. Identify the type of market research data based on the characteristics below:Data that can help company's understand consumer wealth, demographic data (US Census), etc to drive business decisions. A) Government data. B) Competitor data. C) Company data. D) Market research data. Show Answer Correct Answer: A) Government data. 29. Which of the following is an example of descriptive research? A) Survey. B) Focus group. C) Clinical trial. D) Interview. Show Answer Correct Answer: A) Survey. 30. In an economy, individuals, businesses and the government have a variety of choices on which to spend their money. Once the choice is made, the alternative choices given up are considered: A) Decision. B) Opportunity costs. C) Trade offs. D) Possibilities. Show Answer Correct Answer: C) Trade offs. 31. What is the term used to describe the coordination of all marketing strategies in a company known as product, price, place and promotion? A) Market segmentation. B) Economics. C) Marketing. D) Marketing Mix. Show Answer Correct Answer: D) Marketing Mix. 32. Kegiatan "simplified & applied territory management concept" dan "exhibition standardization" termasuk kedalam marketing mix strategy yang mana? A) Plan. B) Place. C) Promotion. D) Price. E) Product. Show Answer Correct Answer: B) Place. 33. 'Maldives is safe to visit in Covid Pandemic' What is marketed here? A) Event. B) Place. C) Idea. D) Service. Show Answer Correct Answer: B) Place. 34. Which of the following elements is specifically related to a societal orientation? A) Defining clear objectives. B) Concern for ethical behaviour. C) Total quality management. D) Earning a profit. Show Answer Correct Answer: B) Concern for ethical behaviour. 35. Dove was originally a facial bar soap. Unilever has developed products in the body wash, hair care, moisturizer, and antiperspirant segments with the Dove brand name. Unilever has engaged in ..... with this brand. A) Business analysis. B) Innovation diffusion. C) Commercialization. D) Product stretching. E) Functional launching. Show Answer Correct Answer: D) Product stretching. 36. What is the measure of the output of a worker, machine, or an entire national economy in relation to the creation of goods and services to produce wealth? A) GDP. B) Productivity. C) Economy. D) Efficiency. Show Answer Correct Answer: B) Productivity. 37. Putting out "Wet Floor" signs is one way to handle risk and is known as which of the following? A) Reduce. B) Avoid. C) Shift. D) Retain. Show Answer Correct Answer: A) Reduce. 38. Pricing helps determine ..... A) Advertising. B) Value & image. C) Profits. D) Product & management. Show Answer Correct Answer: C) Profits. 39. . Which step in the new-product development process involves seeking feedback from consumers in order to know what response they would give to a proposed product? A) Feasibility analysis. B) Product screning. C) Concept testing. D) Idea generation. Show Answer Correct Answer: C) Concept testing. 40. What is Marketing Management? A) How to sell. B) Activity that shows the aspects of Marketing. C) Act that describes how a market is managed. D) Managing the market. Show Answer Correct Answer: C) Act that describes how a market is managed. 41. Under which marketing philosophy, the firm shifted from quantity of production to quality of products? A) Selling concept. B) Production concept. C) Marketing concept. D) Product concept. Show Answer Correct Answer: D) Product concept. 42. IT IS THE HEART OF THE INTERNAL RECORDS SYSTEM. A) SALES INFORMATION SYSTEMS. B) THE ORDER-TO-PAYMENT CYCLE. C) DATABASES. D) DATA MINING. Show Answer Correct Answer: B) THE ORDER-TO-PAYMENT CYCLE. 43. The managerial perspective is important with respect to assessing whether serving a specific ..... is consistent with overall corporate goals. A) Competitor. B) Product. C) Market segment. D) Provider. Show Answer Correct Answer: C) Market segment. 44. Define the term Advertising: A) Following and studying a professional in order to learn a trade. B) The name, symbol, slogan message or design used to identify a products reputation and image. C) A company offers several complementary products in one package. D) The act of calling public attention to a product or service. Show Answer Correct Answer: D) The act of calling public attention to a product or service. 45. Which of the following is not included in price mix A) Credit policy. B) Trade discount and cash discount. C) Demand for a product. D) Period of credit. Show Answer Correct Answer: C) Demand for a product. 46. In order to enhance the easy marketability of the products, Dev, a producer gets the home furnishing products manufactured in conformation to the predetermined specifications . Identify the type of marketing function being described in the given case. A) Physical distribution. B) Standardisation and grading. C) Transportation. D) Warehousing. Show Answer Correct Answer: B) Standardisation and grading. 47. Which one of the following is not a 4 P's of marketing? A) Place. B) Public. C) Promotion. D) Price. Show Answer Correct Answer: B) Public. 48. Steven needs to determine the most cost effective way to have his products distributed from the producer to his customers. This function of marketing is known as: A) Channel Management. B) Pricing. C) Product/Service Management. D) Marketing-Information Management. Show Answer Correct Answer: A) Channel Management. 49. Develop marketing mix (4 Ps) strategy is the ..... in marketing process. A) Second step. B) First step. C) Fourth step. D) Third step. Show Answer Correct Answer: D) Third step. 50. Which choice includes all the types of employers that exist in the Marketing, Sales, and Service career cluster? A) Private companies, the government, self-employers, and organizations. B) Private companies. C) Private companies and self-employers. D) The government, self-employers, and organizations. Show Answer Correct Answer: A) Private companies, the government, self-employers, and organizations. 51. A very small section of the whole market which has not yet been identified and served by competitors is referred to as: A) Niche marketing. B) Individual marketing. C) Segment marketing. D) Local marketing. Show Answer Correct Answer: A) Niche marketing. 52. Which category not fall under marketing mix? A) Placement. B) People. C) Process. D) Physical evidence. Show Answer Correct Answer: A) Placement. 53. Identify the factor based on the given explanation.As consumer perception increases, so will the price and vice versa A) Cost & Expenses. B) Supply & Demand. C) Consumer Perception. D) Competition. E) Government. Show Answer Correct Answer: C) Consumer Perception. 54. Dennis has a great idea for a new type of tennis ball that, if produced, would be better than any ball currently on the market. He pitches his idea to a few investors. Which of the four Ps should these investors consider first? A) Place. B) Product. C) Promotion. D) Price. Show Answer Correct Answer: B) Product. 55. Which of the following Four Ps of Marketing directly impacts revenue? a. Promotion b. Price c. Product d. Place A) D. B) B. C) C. D) A. Show Answer Correct Answer: B) B. 56. Joseph received an email message from his supervisor and wants to send it to his coworker, Jackie. What email function key would Joseph use to send the message to Jackie? A) New. B) Reply. C) Edit. D) Forward. Show Answer Correct Answer: D) Forward. 57. Select the explanation for merchandising-related discounts, Percentage or dollar reduction in the retail price A) Quantity discounts. B) Trade discounts. C) Seasonal discounts. D) Cash discounts. Show Answer Correct Answer: D) Cash discounts. 58. Which wants for specific products backed by an ability to pay? A) Need. B) Wants. C) Demand. D) Ability. Show Answer Correct Answer: C) Demand. 59. What are the seven p's of marketing A) Product, price, place, promotion. B) Physical evidence, people, process. C) Personal selling. D) Product, cost based pricing. E) 1 and 2. Show Answer Correct Answer: E) 1 and 2. 60. In an economic system, the decision to sell products to middle class teenagers whose hobbies include sports answers which economic choice? A) How to produce?. B) When to produce?. C) For whom to produce?. D) What to produce?. Show Answer Correct Answer: C) For whom to produce?. ← PreviousNext →Related QuizzesEconomy QuizzesGeneral Knowledge QuizzesMarketing Management Quiz 1Marketing Management Quiz 2Marketing Management Quiz 3Marketing Management Quiz 4Marketing Management Quiz 5Marketing Management Quiz 6Marketing Management Quiz 7Marketing Management Quiz 8 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books