Tuesday 21 April 2015

List of 50 Important Marketing Questions for SBI PO Exam 2015

1).Which among the following would involve for the concern of IBM about the interest rate it must pay in the next quarter to acquire needed financial resources?
a) A marketing environment input
b) Its marketing approach
c) A marketing environment output
d) Its marketing mix
e) None of these
Answer is: A

2).For effectively monitor changes in the marketing environment, marketers must engage in_______.
a) Marketing research
b) Environmental scanning and analysis
c) Use of the marketing concept
d) Information research
e) Environmental management
Answer is: B

3).If Cadburys found a magazine article that provided key information in television viewing habits of heavy buyers of chocolate; it is an example of information obtained through
environment?
a) scanning
b) management
c) forces
d) analysis
e) None of these
Answer is: A

4).Jenkins is a small retail chain in south Wales and considering changes in its marketing strategy, and the firm’s management looks only at changes in shopper attitudes and spending
patterns. According to responding environmental forces smith’s approach is described as?
a) Dominant and proactive
b) Passive and proactive
c) Aggressive and reactive
d) Passive and reactive
e) Aggressive and proactive
Answer is: D

5).Every Marketers view political forces as_______.
a) Not to accept
b) Easily ignored
c) Simple to recognize
d) Beyond their control
e) Easily influenced
Answer is: D

6).Which among the following statements about self-regulatory programmes is FALSE?
a) Their guidelines are generally more realistic and operational
b) They are usually less expensive than governmental ones
c) Nongovernmental ones have neither the tools nor the authority to enforce
guidelines
d) The guidelines are generally stricter than governmental ones
e) None of these
Answer is: D

7).Why high material standard of living simply not enough in society today?
a) Material goods are not for the purpose of happiness
b) People desire a variety of intangible benefits from products
c) Human beings never totally satisfy their desires
d) People also desire a high degree of quality in their lives
e) None of these
Answer is: D

8).During a recession of marketing strategy should include?
a) A reduction in advertising
b) A reduction in the expenditures for new product development
c) A reduction in the number of sales personal
d) Promotional efforts that promote value and utility
e) Increase in expenditures for marketing operations
Answer is: D

9).If the Kellogg Company has decided to build a new cereal plant because it anticipates the next five years will bring low unemployment and increase in buying power; it is forecasting a period of_________.
a) austerity
b) prosperity
c) recession
d) depression
e) recovery
Answer is: B

10).Which among the following is the period of recovery for the best marketing strategy for Electrolux?
a) Flexibility
b) Retrenchment
c) Boldness
d) Aggressiveness
e) Austerity
Answer is: A

11).What is the difference between Direct and Indirect Marketing?
a) Direct Marketing is to other Bank’s employees. Indirect is to outsiders
b) Direct Marketing is to Bank’s owners, Indirect is to outsiders
c) Direct Marketing is to outsiders, Indirect is to employees
d) Direct Marketing is to Bank’s employees, Indirect is to outsiders
e) None of these
Answer is: E

12).What is mean by Transaction Marketing?
a) doing banking transactions
b) mere selling of goods
c) marketing only to strangers
d) All the above
e) None of these
Answer is: E

13).Advertisement comes under which type of marketing?
a) Direct marketing
b) Internet banking
c) Service marketing
d) Indirect marketing
e) Internal marketing
Answer is: A

14).The sales process begins with______.
a) Customer identification
b) Sales presentation
c) Lead generation
d) Sales meet
e) Sales closure
Answer is: A

15).Who are all the target groups for tractor loans?
a) Farm labourers
b) Farmers with large landholding
c) Agriculture colleges
d) Vegetable vendors
e) Cold storage plants
Answer is: B

16).What is mean by “Cross-selling”?
a) Selling new products
b) Selling to enemies
c) Reversal of a sale
d) Selling other products to existing customers
e) Public relations
Answer is: D

17).”A Lead” means ________.
a) Product offering
b) Discounts sales
c) ATM usage
d) A likely buyer
e) A type of credit card
Answer is: D

18)”To Close a Call” means ________.
a) Online marketing
b) Indoor marketing
c) To clinch the sales deal
d) Telemarketing
e) To look for new clients
Answer is: C

19).The segmentation of markets based on the gender of the customer is a type of __________.
a) Psychographic Segmentation
b) Demographic Segmentation
c) Geographic Segmentation
d) Lifestyle-based Segmentation
e) Socio-cultural Segmentation
Answer is: B

20).Mass communication with customers or potential customers, usually through paid public media, is called as______.
a) sales promotion
b) publicity
c) advertising
d) brand building
e) public relations
Answer is: C

21).Who is the target group for a car loan?
a) car designers
b) a family with more than two members
c) car garages
d) all persons owing a car
e) car showrooms
Answer is: B

22).Which of the following includes in the standard marketing practices?
a) phishing
b) unhealthy discount schemes
c) lowering the selling price
d) unhealthy competition
e) poaching
Answer is: C

23).In today’s changing banking scenario, aggressive promotion of business is necessary where the competition exists on ________.
a) Delightful customer service
b) Use of advanced digital technology
c) Expeditious service
d) Branch up-keep
e) All of these
Answer is: E

24).Which among the following products, by way of an instrument of payment, are called plastic money?
a) Greeting card
b) Banker’s cheque
c) Debit card
d) Identify card
e) Plastic card
Answer is: C

25).Short-term planning focuses on_______.
a) Functional plans
b) Long-term objectives
c) Specific goals
d) Both 1) and 3)
e) None of these
Answer is: D

26).In marketing terms, attitude can best be defined as _______.
a) Ego of the marketing executive
b) Rude behavior of consumer
c) Mental state of consumer
d) Rude behavior of consumer
e) None of these
Answer is: C

27).In a selling process in today’s world________.
a) the seller need not have product knowledge
b) no customization is required
c) only standard products are sold
d) the seller should aim at customer satisfaction
e) only quantum of sales matters
Answer is: D

28).Among the following which statement is TRUE?
a) Marketing involves additional work.
b) Marketing is a waste of the employee's’ time.
c) Marketing is not required in India due to its vast population.
d) Marketing involves team work.
e) Marketing is not required today due to IT advancement
Answer is: D

29).A person who ultimately determines any part or whole of the buying decision is called______.
a) decider
b) initiatorc) user
d) buyer
e) influencer
Answer is: A

30).A package which has a secondary usefulness after its contents have been consumed is called _______.
a) Dual use package
b) Bulk package
c) Both 1) and 2)
d) Consumer package
e) Industrial package
Answer is: A

31).Which of the following buying situation is MOST consistent with routine response behavior?
a) Henry buying a new fishing rod and reel
b) Mary buying a new set of tyres for her car
c) John buying his first pair of basketball shoes
d) Sally buying a quarter pounder at McDonalds
e) Bill buying a new software programme
Answer is: D

32).Maria wants to impress her prospective employer, so she did a shopping for a designer suit to wear to an important interview. Maria will most likely use which type of consumer decision making?
a) Intensive
b) Limited
c) Extensive
d) Normal
e) Routine response
Answer is: C

33).Which is MOST likely requiring consumer to use extended problem solving?
a) Stereo equipment
b) Gasoline
c) Kitchen utensils
d) Cereal
e) Shaving cream
Answer is: A

34).Before hosting a dinner party, Mike notices that he does not have enough dishes and decides to look for another set. Mike has just gone through which stage of consumer decision making process?
a) Problem recognition
b) Evoked formation
c) Evaluation of alternatives
d) Information search
e) None of these
Answer is: A

35).Stirling Hotels places an advertisement with a coupon in the travel section of the Sunday Times. This ad is intended to help consumers in which phase of the decision-making process?
a) Framing
b) Purchase
c) Cognitive dissonance
d) External search
e) Internal search
Answer is: D

36).When shopping for detergent, Jane looks at Tide, Daz, Surf and Ariel and chooses the one that is on promotional offer. These brands make up her?
a) Problem set
b) Alternative set
c) Evoked set
d) Purchase set
e) None of these
Answer is: C

37).George purchase a new Micra, after that he sees a Fiesta pass him on the street and begins to wonder if he made the right choice. George is affected by _______.
a) Internal search
b) Cognitive dissonance
c) Problem recognition
d) Alternative evaluation
e) framing
Answer is: B

38).The Kellys are on a family outing. As they approach Bellvue Zoo, a type on their car is punctured by a metal object on the road. Using the spare, they drive to the next petrol station, where they buy a new tyre. Here the buying process was affected by ______.
a) framing
b) a situation factor
c) cognitive dissonance
d) a cognitive factor
e) an internal search factor
Answer is: B

39).Tom is trying to close a major sale with a customer who is a trout fishing enthusiast. Tom starts reading fishing catalogues and going to sports good shops to learn as much as he can about fly roads etc. His interest in such products would be best classified as __________involvement
a) enduring
b) high
c) low
d) situational
e) perceived
Answer is: D

40).The consumer is MOST likely to use limited problem solving for _____.
a) A new car
b) Toothpaste
c) Laundry detergent
d) A blender
e) A foreign holiday
Answer is: D

41).What is the three major personal influences believed to affect the consumer buying decision process?
a) Demographic, situational and attitudes.
b) Personality, learning, and perception.
c) Perception, motives, and attitudes.
d) Situational, lifestyle, and demographic
e) Situational, perception, and motives
Answer is: D

42).The purchase of _______ is least likely to be affected by demographic factors.
a) a computer for home use
b) table salt
c) a car
d) fast food
e) low fat cheese
Answer is: B

43).Buyers tend to remember information inputs that support their beliefs and forget inputs that do not. This is known as selective ________.
a) information
b) exposure
c) retention
d) organisation
e) distortion
Answer is: C

44).If a consumer receives information that is inconsistent with her or his feelings or beliefs, the consumer may alter this information. This is known as selective:
a) information
b) distortion
c) retention
d) organisation
e) exposure
Answer is: B

45).Psychological forces that influence where a person purchases products on a regular basis are called_______.
a) Shopping motives
b) Patronage motives
c) Convenience responses
d) Pattern responses
e) Routine decision
Answer is: B

46).A dept interview is MOST likely to be used to_____.
a) Identify a buyer’s personality.
b) Increase a buyer’s knowledge of a product.
c) Discover a buyer’s motives.
d) Influence a buyer’s perceptions of a product
e) After a buyer’s attitudes towards a product
Answer is: C

47).Having used both Mum and Sure deodorants; Ann feels that Sure is a good product and the one that best meets her needs. She has formed ________ about Sure.
a) a cognition
b) a motive
c) an evoked
d) an attitude
e) a self-concept
Answer is: D

48).A consumer’s buying decisions are affected in part by the people around him or her. These people and the forces they exert on a buyer are called_______.
a) Roles
b) Social factors
c) Motivational influences
d) Personality influences
e) Cultural influences
Answer is: B

49).Damien is torn between buying a new swing set for his children and buying a new set of Wilson golf clubs for him. He is experiencing ______.
a) Belief assessment
b) Cognitive dissonance
c) Role inconsistency
d) Attitude formation
Answer is: C

50).Which among the following is MOST likely to be a product for which both the purchasing decision and the brand decision are strongly influenced by reference groups?
a) Soap
b) Bed linen
c) Leans
d) Instant coffee
e) Canned peaches
Answer is: C

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