Selling and Distribution Test 3

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Selling and Distribution Test 3

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Weekly Quiz Competition

Question 1
1 / -0

Advantage of network marketing is/Eire:
(I) Distribution network grows continuously
(II) Distributors often become the largest customers and hence take over the control of the company
(III)Network companies can maintain higher margins on their products
(IV)Difficult for the manufacturer to exercise effective control over his sales team.
Select the correct answer from the options given below.

A
(I) & (II)

B
(II) & (III)

C
(IV) & (I)

D
(I) & (III)
Question 2
1 / -0

Which of the following is a modern marketing concept?

A
Sales maximisation

B
Customer satisfaction

C
Profit maximisation

D
Wealth maximisation

Solution

Modern marketing concept is a broad concept. It relates to finding out the consumers and to develop a product as per their needs rather than providing them with the already manufactured goods. Modern marketing concept aims at complete customer satisfaction by fulfilling their needs and wants. Consumer concept believes in giving attention to individual customer.
Question 3
1 / -0

Advantage of network marketing is/are:
(I) Distribution network grow continuously
(II) Distributors often become the largest customers and hence take over the control of the company.
(III) Network companies can maintain higher margins on their products.
(IV) Difficult for the manufacturer to exercise effective control over his sales team.
Select the correct answer from the options given below.

A
(I) & (II)

B
(II) & (III)

C
(IV) & (I)

D
(I) & (III)
Question 4
1 / -0

Network marketing is a mode of _____________ by the manufacturer.

A
Indirect marketing

B
Direct marketing

C
Both (A) and (B)

D
Neither (A) nor (B)
Question 5
1 / -0

_________________ activities start after the product has been developed.

A
Selling

B
Marketing

C
Publicity

D
None of these

Solution

Selling activities start after the product has been developed.The selling activities undertaken by professional sales people include: Generating Sales Leads, Qualifying Leads, Preparing for the Sales Meeting.
Question 6
1 / -0

What is the other name of network marketing?

A
Multilevel marketing

B
Zero level marketing

C
Both (a) and (b)

D
None of the above

Solution

Network marketing, also known as Multi-Level Marketing (MLM), is a business model where independent contractors buy into a company and earn a commission on the products they sell.
Question 7
1 / -0

The main factors in global marketing are ________.

A
social and technical changes

B
government policy and legislation

C
marketing activities and plans

D
all of the above

Solution

The business environment in the world is very dynamic as it keeps on changing. The emergence of the global marketing is mainly due to the marketing activities and plans by the organizations to tap the people that are in a different country or part of the world.
Question 8
1 / -0

Keeping the view of marketing, an organization that enjoys competitive advantage in an industry has done so by__________.

A
constantly enlarging its marketing activities

B
creating superior value for customers.

C
focusing on long-term profit.

D
charging lower prices than competition
Question 9
1 / -0

The purchasing department's primary goals include(s) _________.

A
To locate suppliers that can provide goods and services in accordance with the buyer's requirements.

B
To buy items that meet the quality specifications of the buyer.

C
To create a stream of deliveries into the buyer's premises that minimize the raw materials inventory investment

D
All of the above
Question 10
1 / -0

________ is the first phase of Materials Management.

A
Purchasing

B
Marketing

C
Branding

D
Advertising

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Re-Attempt Weekly Quiz Competition

Selling and Distribution Test 3

Result

Selling and Distribution Test 3

Score

-

Rank

-

SHARING IS CARING

Question 1

(I) & (II)

(II) & (III)

(IV) & (I)

(I) & (III)

Question 2

Sales maximisation

Customer satisfaction

Profit maximisation

Wealth maximisation

Solution

Question 3

(I) & (II)

(II) & (III)

(IV) & (I)

(I) & (III)

Question 4

Indirect marketing

Direct marketing

Both (A) and (B)

Neither (A) nor (B)

Question 5

Selling

Marketing

Publicity

None of these

Solution

Question 6

Multilevel marketing

Zero level marketing

Both (a) and (b)

None of the above

Solution

Question 7

social and technical changes

government policy and legislation

marketing activities and plans

all of the above

Solution

Question 8

constantly enlarging its marketing activities

creating superior value for customers.

focusing on long-term profit.

charging lower prices than competition

Question 9

To locate suppliers that can provide goods and services in accordance with the buyer's requirements.

To buy items that meet the quality specifications of the buyer.

To create a stream of deliveries into the buyer's premises that minimize the raw materials inventory investment

All of the above

Question 10

Purchasing

Marketing

Branding

Advertising

User

Question Analysis

My Perfomance

Score

-

Rank

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