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Introduction to Marketing

The adopter group ‘early adopters’ is classified as?

July 17, 2022August 25, 2021 by admin
The adopter group ‘early adopters’ is classified as?

A. deliberate
B. guided by respect
C. skeptical
D. tradition bound

Categories Introduction to Marketing, Marketing Mcqs

The delivery and credit services are part of?

July 17, 2022August 25, 2021 by admin
The delivery and credit services are part of?

A. marketing strategy
B. augmented product
C. non-augmented product
D. positioning strategy

Categories Introduction to Marketing, Marketing Mcqs

The pricing strategy in which prices are based on cost of distribution and production plus fair return rate is classified as?

July 17, 2022August 25, 2021 by admin
The pricing strategy in which prices are based on cost of distribution and production plus fair return rate is classified as?

A. cost based pricing
B. differentiated pricing
C. competitive pricing
D. value added pricing

Categories Introduction to Marketing, Marketing Mcqs

The second step of value based pricing is to?

July 17, 2022August 25, 2021 by admin
The second step of value based pricing is to?

A. determine incurred costs
B. design product
C. assess needs of customer
D. set target price

Categories Introduction to Marketing, Marketing Mcqs

The businesses and products collectively make a company’s?

July 17, 2022August 25, 2021 by admin
The businesses and products collectively make a company’s?

A. Business portfolio
B. Strategic plan
C. Mission statement
D. Vision statement

Categories Introduction to Marketing, Marketing Mcqs

The procedure of arranging a product to occupy distinct place in target customers mind is called?

July 17, 2022August 25, 2021 by admin
The procedure of arranging a product to occupy distinct place in target customers mind is called?

A. Market segmentation
B. Targeting
C. Differentiation
D. Positioning

Categories Introduction to Marketing, Marketing Mcqs

The social class group who rely heavily on inherited wealth is best classified as?

July 17, 2022August 25, 2021 by admin
The social class group who rely heavily on inherited wealth is best classified as?

A. upper middles
B. working class
C. lower uppers
D. upper uppers

Categories Introduction to Marketing, Marketing Mcqs

The customers who adopt new ideas and rarely are leaders are classified as?

July 17, 2022August 25, 2021 by admin
The customers who adopt new ideas and rarely are leaders are classified as?

A. innovators
B. early majority
C. laggard
D. early adopter

Categories Introduction to Marketing, Marketing Mcqs

The Company’s key businesses are known as?

July 17, 2022August 25, 2021 by admin
The Company’s key businesses are known as?

A. Portfolio analysis
B. Strategic Business Units (SBU’s)
C. Both a and b
D. None of above

Categories Introduction to Marketing, Marketing Mcqs

The buying of products such as ‘fast food’ is an example of?

July 17, 2022August 25, 2021 by admin
The buying of products such as ‘fast food’ is an example of?

A. difficult products
B. sought services
C. sought products
D. convenient products

Categories Introduction to Marketing, Marketing Mcqs
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