SS3 third Term marketing past questions and answers
Marketing exam questions for SS3 with options and answers:
Question: What is the purpose of a product prototype in the new product development process?
a) To set product prices
b) To test and visualize the product design
c) To manage distribution channels
d) To analyze market trends
Answer: b) To test and visualize the product design
Question: In marketing, what is the term for the set of values, ideas, and attitudes that are learned and shared among the members of a group?
a) Culture
b) Demographics
c) Perception
d) Subculture
Answer: a) Culture
Question: What is the role of a market segment in the targeting process?
a) To decrease product demand
b) To identify and classify potential customers into distinct groups
c) To set product prices
d) To eliminate competitors
Answer: b) To identify and classify potential customers into distinct groups
Question: Which of the following is a component of the external marketing environment?
a) Organizational structure
b) Company culture
c) Technological forces
d) Employee motivation
Answer: c) Technological forces
Question: What does the term "Brand Loyalty" refer to in marketing?
a) The tendency of customers to switch brands frequently
b) The perception of a brand's value
c) The emotional attachment and repeat purchasing behavior of customers toward a specific brand
d) The financial value of a brand
Answer: c) The emotional attachment and repeat purchasing behavior of customers toward a specific brand
Question: In the context of marketing, what is a product feature?
a) The tangible attributes of a product
b) The emotional benefits of a product
c) The pricing strategy of a product
d) The promotional activities associated with a product
Answer: a) The tangible attributes of a product
Question: Which stage of the consumer decision-making process involves evaluating different brands or products?
a) Problem recognition
b) Information search
c) Evaluation of alternatives
d) Purchase decision
Answer: c) Evaluation of alternatives
Question: What is the term for the marketing strategy that focuses on a specific market segment with unique needs?
a) Mass marketing
b) Undifferentiated marketing
c) Differentiated marketing
d) Niche marketing
Answer: d) Niche marketing
Question: Which of the following is an example of a guerrilla marketing tactic?
a) Traditional advertising on television
b) Social media campaigns
c) Unconventional and low-cost promotional activities to create buzz
d) Celebrity endorsements
Answer: c) Unconventional and low-cost promotional activities to create buzz
Question: What is the purpose of a marketing audit?
a) To create brand awareness
b) To identify and evaluate the company's marketing strategies and performance
c) To set product prices
d) To manage distribution channels
Answer: b) To identify and evaluate the company's marketing strategies and performance
Question: What is the term for the set of values, attitudes, and opinions held by individuals or groups about various products, services, companies, and ideas?
a) Perception
b) Culture
c) Attitude
d) Opinion
Answer: c) Attitude
Question: In marketing, what is the term for the process of identifying and assessing competitors and their strengths and weaknesses?
a) Market segmentation
b) Competitive analysis
c) SWOT analysis
d) Product differentiation
Answer: b) Competitive analysis
Question: What is the role of a sales promotion in the promotional mix?
a) Building brand awareness
b) Encouraging immediate purchase or action
c) Establishing long-term customer relationships
d) Conducting market research
Answer: b) Encouraging immediate purchase or action
Question: Which pricing strategy involves setting a price that covers the production cost plus a certain profit margin?
a) Skimming pricing
b) Penetration pricing
c) Cost-plus pricing
d) Discount pricing
Answer: c) Cost-plus pricing
Question: What is the term for the process of gathering, recording, and analyzing information about a company's customers?
a) Market segmentation
b) Competitive analysis
c) Consumer behavior
d) SWOT analysis
Answer: c) Consumer behavior
Question: In marketing, what is the term for the group of people to whom a product is marketed?
a) Market segment
b) Target market
c) Consumer base
d) Market share
Answer: b) Target market
Question: What is the purpose of a marketing objective?
a) To guide the company's actions and decisions
b) To create brand awareness
c) To analyze market trends
d) To set product prices
Answer: a) To guide the company's actions and decisions
Question: In the context of the marketing mix, what does the term "Place" refer to?
a) The physical location of the business
b) The distribution channels used to make the product available
c) The promotional activities undertaken
d) The cost of the product
Answer: b) The distribution channels used to make the product available
Question: What is the term for the process of designing and producing a container or wrapper for a product?
a) Branding
b) Packaging
c) Positioning
d) Pricing
Answer: b) Packaging
Question: What is the concept of "Word of Mouth" in marketing?
a) Paid advertising through social media
b) Personal recommendations and informal communication about a product or service
c) Traditional print and television advertising
d) Promotional events and sponsorships
Answer: b) Personal recommendations and informal communication about a product or service
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