In the name of ALLAH, the most beneficient, the most merciful

Marketing Management (MKT501)

Multiple Choice Questions (MCQs)

Objective Questions

  1. An outlet of Nishat Linen in Emporium Mall, Lahore is an example of:

    1. Wholesaler
    2. Retailer
    3. Producer
    4. None of the given
  2. Saira Rizwan Clothing is planning to launch its new winter collection in Canada. Which of the following is the critical decision of commercialization stage of New Product Development that has to be taken by Saira Rizwan Clothing?

    1. When to launch the product?
    2. Where to launch the product?
    3. Whom to launch the product?
    4. How to launch the product?
  3. For which of the following products, demonstrations and personal selling is important to launch the new product/innovation?

    1. Cosmetic items
    2. Food items
    3. Electronics
    4. All of the given
  4. Which of the following is/are the part of commercialization phase of new product development?

    1. Launching the product
    2. Placing advertisements
    3. Critical path analysis
    4. All of the given
  5. ________ products are those which are bought by the customer in an unplanned manner. When a customer sees it placed near point of purchase he buys it impulsively. E.g. cigarettes, chewing gums etc.

    1. Core
    2. Actual
    3. Augmented
    4. Impulse
  6. Which of the following is a strategy of using a successful brand name to launch a new or modified product in a new category?

    1. Line extension
    2. Co-branding
    3. Brand extension
    4. Multibranding
  7. At which of the following stages of Consumer adoption Process, a customer finally continues using any product?

    1. Evaluation
    2. Interest
    3. Awareness
    4. Adoption
  8. In which of the following company introduces new brand names under the same product category?

    1. Multibrands
    2. Brand extension
    3. Line extension
    4. New brands
  9. Which of the following best describes the spread of idea from the source of invention or creation to the ultimate user or consumer?

    1. Innovation diffusion process
    2. Innovativeness
    3. Early adoption process
    4. None of the given
  10. Which of the following best describes the use of existing strong brand name to launch a new/modified product?

    1. Brand extension
    2. Brand leveraging
    3. Brand licensing
    4. Multibrands
  11. Which of the following is included in task environment?

    1. Economy
    2. Technology
    3. Media
    4. Promotion
  12. The loyalty marketing focuses on establishing long term relationship between:

    1. Company and retailer
    2. Retailer and customer
    3. Retailer and consumer
    4. Company and customer
  13. Which of the following can be used to improve the customer’s viewpoint about firm’s products and services?

    1. Experiential innovation
    2. Customer interface
    3. Experiential world of customers
    4. Building experiential platform
  14. Financial summary of a marketing plan includes all EXCEPT:

    1. Pro-forma income statement
    2. Month-by-month agenda
    3. Breakeven analysis
    4. Assumptions
  15. Which of the following aggressive strategy is without direction?

    1. Reactor
    2. Analyzer
    3. Defender
    4. Prospector
  16. Tight cost control is associated with which of the following strategy?

    1. Market segmentation strategy
    2. Market dominance strategy
    3. Differentiation strategy
    4. Cost leadership strategy
  17. Which one of the following tend to market high end goods and services and are able to use a premium pricing strategy in a specific market segment.

    1. Followers
    2. Challengers
    3. Leaders
    4. Nichers