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Banking Exam- Marketing Management


BANKING EXAM

SUBJECT: MARKETING MANAGEMENT

1- The culture of a company is conveyed through
a. Rites                                    b. Myths                     c. Rituals                     d. All of the above
Answer:  d

2- A specialty product is ________ intensively distributed than a shopping product
a. More                                   b. Less                         c. Both of the above
Answer:  b

3- The demand for a product is ________ when price cut causes revenue to increase.
a. Income elastic       b. Price elastic                       c. Cross elastic                       d. None of the above
Answer:  b

4- Contact awarded to lowest bidder is known as
a. Negotiated contract                     b. Open bid                c. Closed bid              d. Open contract
Answer:  c

5- Carrying the line of only one manufacturer is known as
a. Exclusive assortment                    b. Open bid    c. Negotiated contract                      d. Deep assortment
Answer:  a

6-“Image building” objectives are common in _____ type of market structure?
a. Competition                      b. Oligopoly               c. Monopoly              d. Monopsony
Answer:  b

7-When the market is run by a small number of firms that together control the majority of market share is known as
a. Oligopoly                b. Duopoly                 c. Oligopsony             d. Perfect competition
Answer:  a

8-The following is (are) the Tangible source(s)
a. Capital                    b. Machines               c. Raw material                      d. All of the above
Answer:  d

9-The following is (are) the Intangible source(s)
a. Information                       b. Time                                   c. Technology            
d. All of the above
Answer:  d

10-In marketing, ______ is the focal point.
a. Profit                    b. Sales                     c. Customer                 d. All of the above
Answer:  c

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