Marketing Test

Result

Marketing Test - 52

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Weekly Quiz Competition

Question 1
1 / -0

Tender Price means _______________.

A
Quotation Price

B
Probable Sale Price

C
Price informed to the customer

D
All of the above
Question 2
1 / -0

Market value of option which is out-of-money is ______________.

A
greater than zero

B
equal to zero

C
lesser than zero

D
equal to one

Solution

Market value of option which is out-of-money is greater than zero. The market price of the option is the price you pay when you buy the option and the price you get when you sell the option. The market price of the option consists of two parts, intrinsic value and time value.
Hence, A is the correct option.
Question 3
1 / -0

Which of the following persons can opt for composition scheme?

A
Person making any supply of goods which are not leviable to tax under this Act

B
Person making any inter-State outward supplies of goods

C
Person effecting supply of goods through an e-commerce operator liable to collect tax at source

D
None of the above
Question 4
1 / -0

Stock which has higher correlation with market tend to have ___________________.

A
high beta, less risky

B
low beta, more risky

C
high beta, more risky

D
low beta, less risky
Question 5
1 / -0

"What is the company's breakeven point: Selling price-Rs 6 per unit Variable production cost-Rs 1.20 per unit Variable selling cost-Rs 0.40 per unit Fixed production cost-Rs 4 per unit Fixed selling cost-Rs 0.80 per unit Budgeted production and ________________.

A
8, 000 units

B
8, 333 units

C
10, 000 units

D
10, 909 units
Question 6
1 / -0

If actual selling price is 500,actual result is 500,actual result is 250 and actual units sold are 350, then selling price variance will be _____________.

A
$87, 500

B
$97, 500

C
$67, 500

D
$57, 500
Question 7
1 / -0

Distribution decision affects a firm's marketing programmers. Some of the major considerations are the use of

A
Multiple channels

B
Control v/s costs

C
Involvement in e-commerce

D
All of these
Question 8
1 / -0

Which of the following is not a tangible asset?

A
Machinery

B
Trademarks

C
Offices

D
Factories

Solution

Finance is required for buying a variety of assets, which may be tangible like machinery, factories, buildings, offices; or intangible such as trademarks, patents, technical expertise, etc.
Question 9
1 / -0

Sky Limited has decided to launch solar jackets, which will have an inbuilt solar charger as well. In order to make its product competitive, the company has decided to offer it for sale within the range of Rs. 1500 to Rs. 4000. Identify the related function of marketing being mentioned in the given case.

A
Promotion

B
Pricing

C
Packaging and labelling

D
Branding

Solution

Price is an important factor affecting the success or failure of a product in the market. The demand for a product or service is related to its price. Generally, the lower the price, the higher would be the demand for the product, and vice-versa. The marketers have to properly analyze the factors determining the price of a product and take several crucial decisions in this respect.
Hence, B is the correct option.
Question 10
1 / -0

Jaya Limited has chalked out an action plan in order to increase its market share in the international market by 20% in the next one year. The action plan contains the details about how the production levels will be increased, promotional activities will be carried out and so on. Identify the type of marketing function being described in the given lines.

A
Product designing and development

B
Packaging and labelling

C
Marketing planning

D
Gathering and analysing market information

Solution

An important activity or area of work of a marketer is to develop appropriate marketing plans so that the marketing objectives of the organization can be achieved. Marketing Planning involves a complete marketing plan covering various important aspects including the plan for increasing the level of production, promotion of the products, etc., and specify the action programs to achieve these objectives.
Hence, C is the correct option.

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Re-Attempt Weekly Quiz Competition

Marketing Test - 52

Result

Marketing Test - 52

Score

-

Rank

-

SHARING IS CARING

Question 1

Quotation Price

Probable Sale Price

Price informed to the customer

All of the above

Question 2

greater than zero

equal to zero

lesser than zero

equal to one

Solution

Question 3

Person making any supply of goods which are not leviable to tax under this Act

Person making any inter-State outward supplies of goods

Person effecting supply of goods through an e-commerce operator liable to collect tax at source

None of the above

Question 4

high beta, less risky

low beta, more risky

high beta, more risky

low beta, less risky

Question 5

8, 000 units

8, 333 units

10, 000 units

10, 909 units

Question 6

$87, 500

$97, 500

$67, 500

$57, 500

Question 7

Multiple channels

Control v/s costs

Involvement in e-commerce

All of these

Question 8

Machinery

Trademarks

Offices

Factories

Solution

Question 9

Promotion

Pricing

Packaging and labelling

Branding

Solution

Question 10

Product designing and development

Packaging and labelling

Marketing planning

Gathering and analysing market information

Solution

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