Professional Documents
Culture Documents
1.”Many people want BMW, only few are able to buy” is an example of
a) Need
b) Want
c) Demand
d) Status
2. Marketers often use the term --------- to cover various groupings of customer
a) Buying Power
b) Demographic segment
c) Market
d) People
5. Which one of the following is an important source of idea generation due to their
familiarity with the needs of market?
a) Existing products and services
b) Distribution channels
c) Federal government
d) Consumers
7. Kind of information consumer obtains from mass media and internet searches classified
as
a) Personal sources
b) Commercial sources
c) Public sources
d) All of above
10. This company is well known for Technology Innovation, Great value and act as a game
changer.
a) Nokia
b) Apple
c) Sony
d) Samsung
13. Which one of the following is an important source of idea generation due to their
familiarity with the needs of market?
a) Existing products and services
b) Distribution channels
c) Federal government
d) Consumers
14. The concept of marketing mix was developed by
a) N.H Borden
b) Philip Katter
c) Stanton
d) W. Anderson
15.”Get out production, cut the price”, philosophy by Henry Ford is an example of
a) Marketing concept
b) Selling concept
c) Production concept
d) Product concept
17. What is the title of the book written by Raghu ram Rajan on his stint as RBI
GOVERNOR?
a) Wise & Other wise
b) Dollar Bahu
c) I do what I do
d) A cure for laziness.