πŸ“Š Advance Marketing Management 2
Q. _____ and ____ are the major factors influencing the selection of suppliers.
  • (A) Price and Quantity
  • (B) Price and Quality.
  • (C) Price and Delivery.
  • (D) Quantity and Delivery.
πŸ’¬ Discuss
βœ… Correct Answer: (C) Price and Delivery.
πŸ“Š Advance Marketing Management 2
Q. The firm must consider whether investing in the segment makes sense givng the firm _____ and____.
  • (A) Knowledge & objective.
  • (B) Objective & resource.
  • (C) Knowledge & resource.
  • (D) None.
πŸ’¬ Discuss
βœ… Correct Answer: (A) Knowledge & objective.
πŸ“Š Advance Marketing Management 2
Q. A _____ is a set of segements sharing some exploitable similarity.
  • (A) Over segment.
  • (B) Counter segment.
  • (C) Super segment.
  • (D) Selection segment.
πŸ’¬ Discuss
βœ… Correct Answer: (A) Over segment.
πŸ“Š Advance Marketing Management 2
Q. The following are all major stages of a product life cycle except_____.
  • (A) Sales decline.
  • (B) Market maturity.
  • (C) Market Introduction.
  • (D) Market Growth.
πŸ’¬ Discuss
βœ… Correct Answer: (C) Market Introduction.
πŸ“Š Advance Marketing Management 2
Q. Market expansion is usually achieved by_______.
  • (A) More effective use of distribution.
  • (B) More effective use of advertising
  • (C) By cutting prices.
  • (D) All of the above are suitable tactics.
πŸ’¬ Discuss
βœ… Correct Answer: (B) More effective use of advertising
πŸ“Š Advance Marketing Management 2
Q. Which one of the following best describes the present value of the stream of future profits expected over the customer s life time purchase?
  • (A) Customers Life time value.
  • (B) Suppliers Life time Value.
  • (C) Company s life time value.
  • (D) Future value.
πŸ’¬ Discuss
βœ… Correct Answer: (A) Customers Life time value.
πŸ“Š Advance Marketing Management 2
Q. The process of anticipating future events and conditions and determining the best way to achieve organizational objectives is known as_______.
  • (A) Researching.
  • (B) Planning.
  • (C) Controlling.
  • (D) Managing.
πŸ’¬ Discuss
βœ… Correct Answer: (B) Planning.
πŸ“Š Advance Marketing Management 2
Q. A market with which of the following characteristics would generally be less competitive?
  • (A) High barriers to entry.
  • (B) Lots of potential substitutes exist.
  • (C) Strong bargaining power among buyers.
  • (D) Strong bargaining power among suppliers.
πŸ’¬ Discuss
βœ… Correct Answer: (C) Strong bargaining power among buyers.
πŸ“Š Advance Marketing Management 2
Q. Newsletters, catalogues, and invitations to organisation-sponsored events are most closely associated with the marketing mix activity of _____.
  • (A) Pricing.
  • (B) Distribution.
  • (C) Product development.
  • (D) Promotion.
πŸ’¬ Discuss
βœ… Correct Answer: (D) Promotion.