Saturday, February 27, 2010

:::|| VU Askari ||::: MGT301...Need Answer can any 1 help

Q: Marketers need to position their brands clearly in target customer's minds. The strongest brands go beyond attributes or benefit positioning. On which of the following basis the products are positioned?

       Desirable benefit

       Good packaging

       Strong beliefs and values

       Customer image
Q:Which one of the following categories refers to a group of products that are closely related because they function in a similar manner, are sold to the same customer groups, are marketed through the same type of outlets, or fall within given price ranges?

 

       Product line

       Line extension

       Private brand

       Product bandwidth

Question No: 14    ( Marks: 1 )    - Please choose one

 When a company introduces additional items in a given product category under the same brand name, such as new flavors, forms, colors, ingredients, or package sizes refers to which of the following steps?

 

       Line extensions

       Product mix

       Service variability

       Service intangibility

   

Question No: 15    ( Marks: 1 )    - Please choose one

 After concept testing, a firm would engage in which stage for developing and marketing a new product?

 

       Marketing strategy development

       Business analysis

       Product development

       Test marketing

Q: Which one of the following is NOT a part of Joint Venture?

       Single member private limited company>>>>>>>>>

       Contract manufacturing

       Joint ownership

       Licensing

Question No: 20    ( Marks: 1 )    - Please choose one

 Which one of the following statements reflects pricing policies and methods?

 

       Help direct and structure the selection of a final price

       Are the last decisions made for a new product

       Are the same for all of a company's products

       Are the most important decisions made for a product

   

Question No: 21    ( Marks: 1 )    - Please choose one

 Which one of the following pricing method is the simplest pricing method?

 

       Value-based

       Fixed cost

       Cost-based

       Skimming

   

Question No: 22    ( Marks: 1 )    - Please choose one

 In which of the following pricing the seller selects a given city as a "basing point" and charges all customers the freight cost from that city to the customer location, regardless of the city from which the goods are actually shipped?

 

       Base-point pricing

       Freight absorption pricing

       Transfer pricing

       Zone pricing

   

Question No: 23    ( Marks: 1 )    - Please choose one

 Nationally distributed consumer convenience products such as cigarettes are MOST likely distributed through which of the following channels?

 

       Producer, agents, wholesalers, retailers, consumers

       Producer, wholesalers, consumers

       Producer, wholesalers, retailers, consumers

       Producer, industrial distributor, wholesalers, retailers, consumers

Question No: 25    ( Marks: 1 )    - Please choose one

 Communication through a news story regarding an organization or its products that is transmitted through a mass medium at no charge, refers to which one of the following promotion mix?

       Advertising

       Sales promotion

       Personal selling

       Public relations

   

Question No: 26    ( Marks: 1 )    - Please choose one

 Proctor and Gamble periodically sends out coupons and free samples of products.  This illustrates to which one of the following elements of the promotion mix?

       Advertising

       Personal selling

       Sales promotion

       Publicity

   

Question No: 27    ( Marks: 1 )    - Please choose one

 "Sharing of meaning" reflects which one of the following concepts?

 

       Noise

       Interference

       Communication

       Information

   

Question No: 28    ( Marks: 1 )    - Please choose one

 If you are attempting to create primary demand toward your product, you will use which type of the following ads?

       Informative

       Persuasive

       Reminder

       Cooperative

   

Question No: 29    ( Marks: 1 )    - Please choose one

 Mr. Nabeel works for a cosmetics manufacturer and is responsible for ensuring that resellers have adequate quantities of products when and where they need them. Mr. Nabeel is also devoting much of his time towards helping retailers promotes these products. Mr. Nabeel is performing the role of which one of the following salesperson?

       A technical salesperson

       An advisory salesperson

       A promotional salesperson

       A trade salesperson

   

Question No: 30    ( Marks: 1 )    - Please choose one

 Sales applicants are typically NOT tested for which one of the following options?

 

       Management skills

       Organizational skills

       Accounting skills

       Analytical skills

   

Question No: 31    ( Marks: 1 )    - Please choose one

 ABC Company is using sales promotion to motivate wholesalers and retailers to carry a new product and to market the product aggressively. What type of sales promotion is the company using?

       Consumer sales promotion

       Product sales promotion

       Trade sales promotion

       Pull promotion

   

Question No: 32    ( Marks: 1 )    - Please choose one

 The retailer is usually in an excellent position to:

       Make the most profits in the channel

       Become the channel leader

       Gain feedback from consumers

       Co-ordinate the production strategy

   

Question No: 33    ( Marks: 1 )    - Please choose one

 Which one of the following wholesaler provides a convenient and effective method of selling small items to customers in remote areas that other wholesalers might find unprofitable to serve?

       Mail-order wholesalers

       Specialty-line wholesalers

       Cash-and-carry wholesalers

       Truck wholesalers

   

Question No: 34    ( Marks: 1 )    - Please choose one

 Which one of the following is designated as a runner-up firm that chooses not to rock the boat (usually out of fear that it stands to lose more than it might gain)?

       ► Market leader

       ► Market challenger

       ► Market follower

       ► Market niche

   

Question No: 35    ( Marks: 1 )    - Please choose one

 Which one of the following is a position option open to smaller firms that serves some part of the market that is not likely to attract the attention of the larger firms?

       ► Market leader

       ► Market challenger

       ► Market follower

       ► Market niche

   

Question No: 36    ( Marks: 1 )    - Please choose one

 Which one of the following is NOT a part of competitive analysis?

       ► Identifying competitors

       ► Assessing competitors

       ► Selecting competitors to attack and avoid

       ► Situation analysis

   

Question No: 37    ( Marks: 1 )    - Please choose one

 Which one the following options is related with this statement "Innovations in research and development of technologies, products and markets, set standards and shares them with other firms. This shows small or moderate country market shares but high shares when all strategic "standards users" are included."

       Global leader strategy

       Global challenger strategy

       Global collaborator strategy

       Global follower strategy

   

Question No: 38    ( Marks: 1 )    - Please choose one

 With the use of E-Commerce, world is becoming which one of the following?

       Global village

       Global city

       Global country

       Global state

   

Question No: 39    ( Marks: 1 )    - Please choose one

 If a company's customers are concentrated in a small geographic area and the company sells technical products, which promotion method will it most likely use?

       Advertising

       Publicity

       Personal selling

       Sales promotion

   

Question No: 40    ( Marks: 1 )    - Please choose one

 Which one of the following concept BEST represents the involvement of management and employees in the continuous improvement of the production of goods and services?

       Total quality management

       Marketing management

       Customer relationship management

       Knowledge management

   

Question No: 41    ( Marks: 1 )    - Please choose one

 Which one of the following steps is NOT a part of marketing process?

 

       Analyzing marketing opportunities

       Selecting target market

       Designing the business portfolio

       Develop marketing mix

   

Question No: 42    ( Marks: 1 )    - Please choose one

 Identify the name of a vast public web of computer networks that connect users of all types all around the world to each other?

       Extranet

       Internet

       LAN

       Intranet

   

Question No: 43    ( Marks: 1 )    - Please choose one

 Due to the highly competitive advertising environment with advertisers clamoring for the attention of the consumer, it is essential for the advertisers to cut through the mass advertising clutter and reach the target audience. In advertising terms this is referred to as 'noise' and refers to:

       Distortion of messages by differences in culture

        Extraneous non-intelligent clutter which distorts

        Intelligent clutter which distorts messages

        All of the given options

   

Question No: 44    ( Marks: 1 )    - Please choose one

 Customer                           Value   Price  Cost    Product

This is related to which of the following pricing?

       Going-rate pricing

       Cost based pricing

       Value based pricing

       Competition-based Pricing

   

Question No: 45    ( Marks: 1 )    - Please choose one

 Which of the following examples of items has inelastic demand?

 

       Mercedes

       Wheat

       Diamond

       I-pod

   

Question No: 46    ( Marks: 1 )    - Please choose one

 Nestle Foods ran an ad promoting its new Nestlé's fruit juice cocktail in Ladies' Home Journal magazine. The ad contained a coupon for $1.00 off the purchase price of two half-gallon containers of the drink. In terms of the communication process, the ad itself is:

       ► A channel of communication

       ► A receiver

       ► Feedback

       ► The message

   

Question No: 47    ( Marks: 1 )    - Please choose one

 In an integrated marketing communications program, which of the following is NOT one of the ways in which a customer may have contact with the organization?

       ► Direct mail

       ► Personal selling

       ► Internet messages

       ► Media advertising

   

Question No: 48    ( Marks: 1 )    - Please choose one

 A company lunches a beverage. The objective of the firm is to reach masses of buyers that were geographically dispersed at a low cost per exposure. Which of the following promotion forms is best suitable for the company?

 

       Advertising

       Personal selling

       Public relations

       Sales promotion

   

Question No: 49    ( Marks: 1 )    - Please choose one

 Which of the following is the basic purpose of personal selling?

       ► Indirect written communication between buyers and sellers

       ► It is an inexpensive mode  to convey message to buyers

       ► Not usually combined with other aspects of promotion in the total marketing mix

       ► Gets immediate feedback from consumers

   

Question No: 50    ( Marks: 1 )    - Please choose one

 Which one of the following is departs from advertising?

       ► Personal selling

       ► Public relation

       ► Billboards

       ► Transit Advertising

   

Question No: 51    ( Marks: 1 )    - Please choose one

 Which one of the following represents below the line media?

       ► TV

       ► Radio

       ► Cinema

       ► Direct mail

   

Question No: 52    ( Marks: 1 )    - Please choose one

 An activity and/or material that offer added value or incentive to resellers, salespersons or consumers is also known as:

       ► Advertising

       ► Personal selling

       ► Publicity

       ► Sales promotion

   

Question No: 53    ( Marks: 1 )    - Please choose one

 Which of the following vertical marketing system combines successive stages of production and distribution under single ownership?

 

       ► Contractual VMS

       ► Corporate VMS

       ► Administered VMS

       ► Franchise organization

   

Question No: 54    ( Marks: 1 )    - Please choose one

 HSY gives only a limited number of dealers the right to distribute its products in their territories. Which of the following distribution it is using?

       ► Exclusive distribution

       ► Intensive distribution

       ► Selective distribution

       ► None of the given options

Question No: 56    ( Marks: 1 )    - Please choose one

 Which one of the following is used by a renowned company with well recognized brands for competing against low priced competitors?

         Value pricing

       ► Fighting brand

         Special sales promotions

         Higher quality products

   

Question No: 57    ( Marks: 1 )    - Please choose one

 Which of the following according to Michael Porter is gained by being the lowest-cost producer in the industry?

       ► Cost-leadership

       ► Differentiation

       ► Focus

       ► Product intimacy

   

Question No: 58    ( Marks: 1 )    - Please choose one

 Which of the following is not the disadvantage of competitor-centered company?

       ► The company becomes too reactive

       ► A fighter orientation

       ► Strategy is built on what others do

       ► Lessens innovation

   

Question No: 59    ( Marks: 1 )    - Please choose one

 Which of the following has a greater amount of risk, control and profit potential?

       ► Importing

       ► Joint Venturing

       ► Direct Investment

       ► Exporting

   

Question No: 60    ( Marks: 1 )    - Please choose one

 Which of the following source of internet can be used to coordinate the consumers and producers?

       ► Websites

       ► Search engines

       ► Email

       ► Chat rooms

   

Question No: 61    ( Marks: 1 )    - Please choose one

 Which of the following provide connection and interaction between the consumer and company?

 

       ► Virtual communities

       ► Business to consumer

       ► Business to business

       ► E-Marketing

   

Question No: 62    ( Marks: 1 )    - Please choose one

 Greedy intermediaries who mark up prices beyond the value of their services, comes under which of the following factors of harming consumers through high prices?

 

       ► High cost of distribution

       ► High advertising and promotion cost

       ► Excessive markup

       ► High pressure selling

   

Question No: 63    ( Marks: 1 )    - Please choose one

 In consumerism Traditional buyers' rights include all of the following EXCEPT:

 

       ► Right to spend any amount to promote the product

       ► Right not to buy a product that is offered for sale

       ► Right to expect the product to be safe

       ► Right to expect the product to perform as claimed

   

Question No: 64    ( Marks: 1 )    - Please choose one

 Which of the following is NOT a method of compensation plan?

       ► Straight salary

       ► Straight commission

       ► Salary plus bonus

       ► Grants by government

 

   

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