Saturday 7 April 2018

Banking Marketing Questions Part 6

Q.61. When the market research organization chooses a segment of the population that represents the population as a whole, they have chosen a-
(1) Group  
(2) Bi-variant-population
(3) Sample  
(4) Market Target
(5) None of these
Ans: 3

Q.62. Joining with foreign companies to produce or market product and service is called-
(1) Direct exporting 
(2) Indirect exporting
(3) Licensing 
(4) Joint-Venturing
(5) None of these 
Ans: 4

Q.63. A --- is a name, term, sign, symbol or design or a combination of these that identified the market or seller of a product or service-
(1) Product feature  
(2) Sponsorship
(3) Brand   
(4) Logo
(5) None of these 
Ans: 3

Q.64. The study of human population in terms of size, density, age, gender, race, occupation and other statistics is called: 
(1) Geothermic   
(2) Demography
(3) Ethnography  
(4) Geography 
(5) None of these
Ans: 2

Q.65. The process that turns marketing strategies and plans in to marketing action in order to accomplish strategic marketing objective is called-
(1) Marketing strategy 
(2) Marketing Control
(3) Marketing analysis 
(4) Marketing implementation
(5) None of these 
Ans: 4

Q.66. If your company were to make a product-such as suit of clothes and sell that product your company will come under which sector ?
(1) Retailer   
(2) Business
(3) Government 
(4) Service
(5) None of these
Ans: 2

Q.67. Cost that do not vary with production or sales level are called-
(1) fixed costs   
(2) Variable cost
(3) Standard costs  
(4) Independent-costs
(5) None of these
Ans: 1

Q.68. Consumer Information source-
(1) Personal source and commercial source
(2) Public source
(3) experiential source 
(4) all of the above
(5) None of these 
Ans: 4

Q.69. Zero-based budgeting (ZBB) means-
(1) A tool of marketing cost 
(2) a tool for financial analysis
(3) each year, budgeting starts from a scratch.
(4) a certain percentage of sales
(5) both 1 & 2.  
Ans: 3 

Q.70. Which of the following expresses Maslow's Motivation theory best----
(1) Importance of Motivation for customer development 
(2) Why people are driven by particular need at particular times.
(3) Where human needs are arranged in a hierarchy. 
(4) All of the above (5) None of these 
Ans: 4

Q.71. The long term objective of marketing is-
(1) Customer satisfaction 
(2) Profit maximization 
(3) Cost cutting 
(4) Profit maximization with customer satisfaction
(5) None of these 
Ans: 4

Q.72. Which among the following is statistical indicator for equality in income distribution-
(1) Gini Coefficient  
(2) Price Indices
(3) GNP   
(4) GDP 
(5) None of these 
Ans: 1

Q.73. Short term planning focuses on-
(1) Functional plans 
(2) Long term objective
(3) Specific goal  
(4) Both 1 & 3
(5) None of these
Ans: 4

Q.74. In marketing terms Attitude can best be defined as a –
(1) Rude behaviour of Salesperson 
(2) Rude behaviour of consumer
(3) Mental state of consumer 
(4) Ego of the marketing executive
(5) None of these 
Ans: 3

Q.75. Reference group influences Vis-a-Vis consumption decision is a function of the----
(1) Product Category 
(2) Group characteristics
(3) Group communication process 
(4) All of these (5) None of these 
Ans: 4

Q.76. Just in time (JIT) technique is getting wider acceptance world over. The technique was first introduced in-
(1) India   
(2) America
(3) Japan   
(4) None of these

 (5) All of these 
Ans: 3

Q.77. The level of commitment that consumers feel towards a given brand is called-
(1) Brand equity  
(2) Brand Name
(3) Brand loyalty  
(4) None of these
(5) All of these 
Ans: 3 

Q.78. Assigning specific Jobs and work places to the selected candidates is known as-
(1) Placement   
(2) Recruitment
(3) Transfer   
(4) Promotion
(5) All of these 
Ans: 1

Q.79. As a councillor, a personnel manager-
(1) Reminds the management of moral obligations towards employees.
(2) Encourages the employees.
(3) Tries to settle the disputes between labour & management. 
(4) All of these
(5) None of these 
Ans: 2

Q.80. Information systems can assist manager by –
(1) Providing information 
(2) Providing data on internal sources
(3) Directing 
(4) All of the above 
(5) None of these 
Ans: 4

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