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Principles of Marketing MCQs – Practice Test 1 (Chapter 9)

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Introduction to Marketing MCQs – Practice Test 1 PDF Download

MCQ 1: The market offering that is essentially intangible is called:

  1. services
  2. products
  3. commodity
  4. competitive edge

MCQ 2: The SBU's in 'Stars' category requires:

  1. Heavy investment
  2. Less investments
  3. More marketing
  4. Both a and c

MCQ 3: The pricing strategy which starts with ideal price and targets the cost which ensures that set price will be met is classified as:

  1. target costing
  2. marginal costing
  3. learning curve costing
  4. demand based costing

MCQ 4: The loss in sales because of poor quality raw materials have been used in production is concluded in company?s:

  1. Strengths
  2. Weaknesses
  3. Opportunities
  4. Threats

MCQ 5: The situation in which company is making more sales with its existing product is classified as:

  1. Market development
  2. Market penetration
  3. Product development
  4. Diversification

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