Questions · Page 1 of 5

1 Marks Question

🎯

Test yourself on this topic

50 questions · timed · auto-graded

Question 11 Mark
Mansi took her niece, Ridhima, for shopping to ‘Mega Stores’ to buy her a bag for her birthday. She was delighted when on payment of the bag she got a pencil box along with the bag free of cost.
Identify the technique of sales promotion used by the company.
Answer
Product Combination: Offering another product as gift along with the purchase of a product.
View full question & answer
Question 21 Mark
Name the function of marketing which is concerned with the cost and location of target market.
Answer
Transportation is the means of carrying goods and raw materials from the point of production to the point of sale. It is one of the major elements in the physical distribution of goods. It is important because unless the goods are physically made available, the sale cannot be completed.
View full question & answer
Question 31 Mark
'Maruti Vega Ltd.' entered into the market with coloured television and have now introduced products like audio systems, air-conditioners washing machines, etc. The company is not only offering the products but also handling complaints and offering after-sales services.
Identify the element of marketing mix discussed here.
Answer
Product/ Product mix.
View full question & answer
Question 41 Mark
what is the advantage of registering ’trade mark’?
Answer
The advantage of registering a trade mark is to get an exclusive right to use it.
View full question & answer
Question 51 Mark
State the meaning of ‘Product Identification’ function of packaging.
Answer
Product identification of packaging means the packaging greatly helps in identifying the product.
View full question & answer
Question 61 Mark
What is meant by Sales Promotion?
Answer
Sales promotion means short term use of incentives or other promotional activities that seek to stimulate interest, trial or purchase.
View full question & answer
Question 71 Mark
Define Product Mix.
Answer
The total number of products and items that a particular marketeer offers to the market is called product mix.Alternate Answer
It is a combination of all decisions relating to product branding, packaging, labelling, trademarks, etc.
Alternate Answer
Product mix refers to decisions relating to product line, product length, product depth and product consistency.
View full question & answer
Question 81 Mark
Explain in brief the term ‘Price Mix’ as an element of ‘Marketing Mix’.
Answer
Price may be defined as the amount of money paid by a buyer or received by a seller in consideration of the purchase of a product or service. Generally, if the price of a product is increased, its demand comes down, and vice-versa. Pricing is considered to be an effective competitive weapon. It is also the single most important factor affecting the revenue and profits of a firm.
View full question & answer
Question 91 Mark
Vanshika uses ‘Kuber Cabs’ for travelling in the city. She received a text message ‘‘Add ₹ 222 on Kaytm and get 20% cash back on having minimum ten trips till 15th April, 2017’’.
Identify the technique of sales promotion used by the company.
Answer
Refund: Refunding a part of price paid by customer on some proof of purchase, say on return of empty foils or wrapper. This is commonly used by companies, to boost their sales.
View full question & answer
Question 101 Mark
Name the marketing function which is concerned with the important decision of managing inventory.
Answer
Physical Distribution Covers all the activities required to physically move goods from manufacturers to the customers. The main component of physical distribution are.
  1. Order Processing,
  2. Transportation,
  3. Warehousing,
  4. Inventory Control: Just-in-Time-Inventory.
View full question & answer
Question 111 Mark
Sunita took her niece, Aishwarya for shopping to ‘Benetton’ to buy her a dress on the occasion of her birthday. She was delighted when on payment for the dress she got a discount voucher to get 20% off for a meal of ₹ 500 or above at a famous eating joint.
Identify the technique of sales promotion used by the company in the above situation.
Answer
Usable benefit is the sales promotion technique used by the company.
View full question & answer
Question 121 Mark
Name the marketing function which is concerned with informing the customers about the firm's products.
Answer
Promotion refers to the use of communication with the twin objective of informing potential customers about a product and persuading them to buy it.
View full question & answer
Question 131 Mark
'Beauty Products Ltd' is a natural and ethical beauty brand famous for offering organic beauty products for men and women. The company uses plant-based materials for its products and is the No.1 beauty brand in the country. It not only satisfies its customers but also believes in overall protection of the planet.
Identify the marketing management philosophy being followed by 'Beauty Products Ltd.'
Answer
The marketing management philosophy followed by ‘Beauty Products Ltd’ is ‘societal marketing concept’ as the company not only satisfies its customers but also protects the planet by using plant-based materials for its products.
View full question & answer
Question 141 Mark
Distinguish between ‘Selling Concept’ and ‘Marketing Concept’ of Marketing Management Philosophies on the basis of ‘main focus’.
Answer
The main focus of Selling concept is on the existing product while the main focus of Marketing concept is on Customer needs.
View full question & answer
Question 151 Mark
Why is marketing called a social process?
Answer
Marketing called a social process because it involves interaction of people.
View full question & answer
Question 161 Mark
Explain in brief the concept of Personal Selling.
Answer
Personal selling means face to face interaction between the seller and the buyer for the purpose of making a sale.Alternate Answer
Personal selling involves informing, assisting and persuading the prospects to buy a product by demonstrating its desirability.
View full question & answer
Question 171 Mark
What is meant by Marketing Management?
Answer
Marketing management involves planning, organising, directing and controlling the marketing activities aimed at the satisfaction of customer needs and wants.
View full question & answer
Question 181 Mark
Explain ‘Product Mix’ as an element of ‘Marketing Mix’.
Answer
The total number of products and items that a particular marketer offers to the market is called product mix.Alternate Answer
It is the combination of all decisions relating to product branding, packaging, labelling, trademarks, etc.
View full question & answer
Question 191 Mark
Why is the understanding of ‘Marketing Management Philosophies’ important?
Answer
An understanding of ‘Marketing Management Philosophies’ is important as it helps in determining the weightage to be given to different factors so that organisational objective can be achieved.
View full question & answer
Question 201 Mark
‘Buy one get one free’ is printed on the label of the package of a mosquito repellant.
State the labelling function being performed by this statement.
Answer
The labelling function being performed by the given statement is ‘helps in the promotion of products’.
View full question & answer
Question 211 Mark
Beena has been using ‘Klean’, a famous detergent available in the market. On watching numerous advertisements in the television, she decided to try a new brand of detergent. When she went to the near-by store to purchase the same, she saw detergents of other producers making similar claims of whiteness and stain removing abilities. Hence she could not make up her mind as which detergent to purchase. Name the objection of advertising being discussed in this case.
Answer
Advertising confuses the buyers.
View full question & answer
Question 221 Mark
Give the meaning of ‘Physical Distribution’ as an element of Marketing Mix.
Answer
Place or Physical Distribution means set of activities that make firm’s products available to the target customers. It consists of all the activities involved in transferring ownership and physical possession of the product to the consumers.
View full question & answer
Question 231 Mark
Firm 'Ragya' making Desi ghee was set up by Mihir, with an investment of ₹ 2 crore. Now his task is to communicate about his product to the consumer. He first want's to market his product in his own state, i.e. Uttar Pradesh.
  1. Identify the decision area of marketing, regarding which Mihir is thinking about.
  2. Give any two ways in which he can inform the customers and persuade them to buy his products.
Answer
  1. Promotion of products.
  2. Through.
  1. Advertising in newspapers, magazines, television, etc.
  2. Personal selling.
View full question & answer
Question 241 Mark
‘Exchange is the essence of marketing’. Comment.
Answer
Exchange is known as the essence of marketing as marketing is not possible without it.
View full question & answer
Question 251 Mark
"They don't sell, but they induce customers to make sales". Identify the concept stated in the statement.
Answer
Marketing.
View full question & answer
Question 271 Mark
What do you mean by 'market activities'?
Answer
These are the activities performed by marketer to facilitate exchange of goods and services between producers and consumers.
View full question & answer
Question 281 Mark
What type of conversation takes place in ‘Personal Selling’?
Answer
There is oral conversation between the sales person and the buyer regarding the features of the product, i.e., price, colour, shape, design, method of use, etc.
View full question & answer
Question 291 Mark
As per modern view what is market?
Answer
According to the modern view, market refers to the real and the group of potential buyers of products and services.
View full question & answer
Question 301 Mark
How can you say that advertising is consumer oriented?
Answer
Advertising is always consumer oriented as it helps to move buyers towards the product.
View full question & answer
Question 311 Mark
What is included in the physical qualities of a good salesman?
Answer
Personality, Health Stamina and Tolerance.
View full question & answer
Question 331 Mark
More and more companies are using interactive sites to gather customer views and opinions before taking important decision. 'Sunonews', a news channel infacts seek viewer's choice through SMS. They give four news story option. On the basis of the maximum votes on the news story, they telecast that news story on their prime time. Identify the function of marketing followed here.
Answer
Gathering and analysing market information, function of marketing is being performed here.
View full question & answer
Question 341 Mark
State one limitation of sales promotion.
Answer
Excessive use of sales promotion may spoil the image of the product.
View full question & answer
Question 351 Mark
‘They don’t sell what they can make, but they make what they can sell’. Name the marketing philosophy to which this statement is related.
Answer
It is related with Marketing concept.
View full question & answer
Question 361 Mark
Name the marketing function which is concerned with informing the customers about the firm’s products.
Answer
Promotion.
View full question & answer
Question 371 Mark
Zoom Udyog, a car manufacturing Co., has started its business with Zoom 800 and slowly launched Zoom1000, Wagon-Z, Swy-fy etc. and offered various services like after sale service, availability of spare parts etc.
Identify the element of marketing mix referred here.
Answer
It is product.
View full question & answer
Question 381 Mark
What are the people, institutions, merchants, functionaries who take part in the distribution function called?
Answer
Channels of distribution.
View full question & answer
Question 401 Mark
Maruti Udyog sells its cars and vans through company approved retailers. Which type of indirect channel of distribution is it?
Answer
Manufacturer-Retailer-Consumer (one level channel).
View full question & answer
Question 411 Mark
Mention a company characteristic that affects the choice of determining channels of distribution.
Answer
Financial position of the company.
View full question & answer
Question 421 Mark
Define 'pricing of a product'.
Answer
Price refers to the amount of money paid by the buyer in consideration of the purchase of a product or a service.
View full question & answer
Question 431 Mark
A tube of toothpaste usually comes in a cardboard box. Which level of packaging does it refer to?
Answer
Secondary packaging.
View full question & answer
Question 441 Mark
What is meant by Physical Distribution?
Answer
It refers to the combination of all decisions relating to the Transportation, Inventory, Warehousing and Order Processing of goods.
View full question & answer
Question 451 Mark
Which marketing philosophy gives more importance to consumer welfare instead of consumer satisfaction?
Answer
It is related with selling concept.
View full question & answer
Question 501 Mark
It is an impersonal form of communication which is paid for by the marketers to promote some goods or services. Mention this form of communication.
Answer
Advertising.
View full question & answer
1 Marks Question - Business Studies STD 12 Commerce Questions - Vidyadip