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Marketing Test - 47

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Marketing Test - 47
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  • Question 1
    1 / -0
    As per Plain Language Commission, USP means:
    Solution
    As per plain language commission, USP means unique selling preposition which is a factor that differentiates a product from its competitors such as lowest cost, highest quality or the first ever product of its kind etc.
  • Question 2
    1 / -0
    In which of the following methods is the evaluation done by someone other than the employee's own supervisors?
    Solution
    In field review method the evaluation is done by someone other than the employee's own supervisors. In this method, emplyee's performance is determined and evaluated by their own supervisors.
  • Question 3
    1 / -0
    One aim of societal marketing is to 
    Solution
    Societal marketing is a concept in marketing that emphasizes social consciousness as part of the overall marketing plan. Societal marketing is when a company markets a product not only with consumer and company needs in mind, but also the long-term well being of society as a whole. Companies that produce effective societal marketing campaigns incorporate social and ethical considerations into the marketing plan
  • Question 4
    1 / -0
    A commodity which is bulky and cheap will have:
  • Question 5
    1 / -0
    The first step in relation to a market assessment is to :
  • Question 6
    1 / -0
    The marketing assessment process involves :
    Solution
    Marketing assessment process is a detailed and objective evaluation of the potential of a new product , new business idea or new investment . 
    The marketing assessment process involves :
    A. Defining the problem
    B. Analysis of the situation 
    C. Obtaining data that is specific to the problem.

  • Question 7
    1 / -0
    Price discrimination is defined as ___________.
    Solution
    Price discrimination refers to the charging of different price by the monopolist for the same product.  The differences maybe on the basis of brand wrapper etc. This policy of the monopolist is called price discrimination.
    "Price discrimination refers strictly to the practice by a seller of charging different prices from different buyers for the same good" -J.S. Bian
  • Question 8
    1 / -0
    Effective Sales writing demands: Attention, Interest, Desire, Action and Satisfaction.
  • Question 9
    1 / -0
    Classifieds, public notices and appointments are the various forms of __________.
    Solution
    Advertising is the activity of producing information for promoting the sale of commercial products or services . Advertising includes classifieds , public notices and appointments  .It is bringing a product to the attention of the potential customers and the current customers.
  • Question 10
    1 / -0
    Defraction is a situation where:
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