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Marketing Mcqs

The marketing strategy in which a firm sells different segments and offers different product is classified as __________?

July 17, 2022October 3, 2021 by admin
The marketing strategy in which a firm sells different segments and offers different product is classified as __________?

A. individual marketing
B. differentiated marketing
C. mass marketing
D. niche marketing

Categories Identifying Market Segments and Targets, Marketing Mcqs

The process of determining profitability of each segment is classified as __________?

July 17, 2022October 3, 2021 by admin
The process of determining profitability of each segment is classified as __________?

A. segment profitability
B. segment positioning
C. acid test segments
D. marketing mix

Categories Identifying Market Segments and Targets, Marketing Mcqs

The differentiated marketing in comparison of undifferentiated marketing creates _______?

July 17, 2022October 3, 2021 by admin
The differentiated marketing in comparison of undifferentiated marketing creates _______?

A. more total sales
B. less total sales
C. less total cost
D. more total purchases

Categories Identifying Market Segments and Targets, Marketing Mcqs

The people, who favors stylish products and have limited income are classified as _________?

July 17, 2022October 3, 2021 by admin
The people, who favors stylish products and have limited income are classified as _________?

A. strivers
B. non-strivers
C. non-believers
D. believers

Categories Identifying Market Segments and Targets, Marketing Mcqs

The process of determining distinct segments profitability on the basis of lifestyles and demographics is classified as _________?

July 17, 2022October 3, 2021 by admin
The process of determining distinct segments profitability on the basis of lifestyles and demographics is classified as _________?

A. segment identification
B. segment attractiveness
C. solution based segmentation
D. need based segmentation

Categories Identifying Market Segments and Targets, Marketing Mcqs

The mature and reflective people motivated by ideals who know the value of responsibility and knowledge are classified as _________?

July 17, 2022October 3, 2021 by admin
The mature and reflective people motivated by ideals who know the value of responsibility and knowledge are classified as _________?

A. thinkers
B. non-thinkers
C. motivators
D. non-motivators

Categories Identifying Market Segments and Targets, Marketing Mcqs

The five forces model of Michael Porter determines the attractiveness in long-run does not include _________?

July 17, 2022October 3, 2021 by admin
The five forces model of Michael Porter determines the attractiveness in long-run does not include _________?

A. threat of new entrants
B. threat of rivalry
C. threat of substitute products
D. opportunity to alliance

Categories Identifying Market Segments and Targets, Marketing Mcqs

The manufacturer of microscope selling its product to colleges, universities and specific laboratories is an example of ________?

July 17, 2022October 3, 2021 by admin
The manufacturer of microscope selling its product to colleges, universities and specific laboratories is an example of ________?

A. single product concentration
B. mass customization
C. product specialization
D. market specialization

Categories Identifying Market Segments and Targets, Marketing Mcqs

The narrowly defined consumer group seeking the mix of benefits in a segment is classified as _________?

July 17, 2022October 3, 2021 by admin
The narrowly defined consumer group seeking the mix of benefits in a segment is classified as _________?

A. niche
B. individuals
C. custom group
D. costly customization

Categories Identifying Market Segments and Targets, Marketing Mcqs

The consumers who buy branded products are classified as _________?

July 17, 2022October 3, 2021 by admin
The consumers who buy branded products are classified as _________?

A. non-switchers
B. switchers
C. non-shifting loyal
D. shifting loyal

Categories Developing Marketing Strategies and Plans, Marketing Mcqs
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