Friday, November 12, 2010

MGT301 Quiz Nov 2010

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Quiz Start Time: 12:33 PM

Time Left 88

sec(s)

Question # 1 of 15 ( Start time: 12:33:48 PM ) Total Marks: 1

All of the following are market-oriented mission statements, EXCEPT which one?

Select correct option:

EBay’s mission is to connect individual buyers and sellers online

Singapore Airlines is the world’s largest airline

Girl Scouts of America, “where girls grow strong”

Wal-Mart, “we deliver low prices everyday”

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Quiz Start Time: 12:33 PM

Time Left 77

sec(s)

Question # 2 of 15 ( Start time: 12:34:19 PM ) Total Marks: 1

ABC Company launched new mobile phone and tested it in current market. XYZ Company is considering which of

the following strategies?

Select correct option:

Product development

Market development

Diversification

Market penetration

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Quiz Start Time: 12:33 PM

Time Left 75

sec(s)

Question # 3 of 15 ( Start time: 12:34:53 PM ) Total Marks: 1

Choose the best description regarding marketing view point.

Select correct option:

Matching a product with its market

Promoting and selling products

Facilitating and satisfying exchange relationships

Distributing products at the right price to stores

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Quiz Start Time: 12:33 PM

Time Left 72

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Question # 4 of 15 ( Start time: 12:35:21 PM ) Total Marks: 1

Measure and evaluate performance is the part of which marketing function

Select correct option:

Marketing Analysis

Marketing Implementation

Marketing Planning

Marketing Control

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Quiz Start Time: 12:33 PM

Time Left 77

sec(s)

Question # 5 of 15 ( Start time: 12:35:52 PM ) Total Marks: 1

A company division, a product line within a division, or sometimes a single product or brand refers to which one of

the following concepts?

Select correct option:

A market

The BCG

An SBU

An initiator

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Quiz Start Time: 12:33 PM

Time Left 80

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Question # 6 of 15 ( Start time: 12:36:22 PM ) Total Marks: 1

The marketing information system is not limited to use by the company it serves. It may also provide information to

which of the following?

Select correct option:

The government

External partners

Various publics

Competitors

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Quiz Start Time: 12:33 PM

Time Left 73

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Question # 7 of 15 ( Start time: 12:36:52 PM ) Total Marks: 1

The information collected for the specific purpose at hand refers to which of the following data?

Select correct option:

Primary data

Secondary data

Encrypted data

Bulk data

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Quiz Start Time: 12:33 PM

Time Left 85

sec(s)

Question # 8 of 15 ( Start time: 12:37:24 PM ) Total Marks: 1

There are three decision involved in designing a sample. Which of the following is NOT a part of sample designing?

Select correct option:

Sampling unit

Sampling size

Sampling procedure

Sampling cost

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Time Left 87

sec(s)

Quiz Start Time: 12:33 PM

Question # 9 of 15 ( Start time: 12:37:46 PM ) Total Marks: 1

Which one of the following is a key building block for developing and managing customer relationships?

Select correct option:

Consumer expectations and customer satisfaction

Customer choices and product offers

Product performance and customer value

Customer value and customer satisfaction

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Quiz Start Time: 12:33 PM

Time Left 76

sec(s)

Question # 10 of 15 ( Start time: 12:38:26 PM ) Total Marks: 1

What is our business? Who’s our customer? What do our customers value? What should our business be? All these

simple-sounding questions define which of the following concepts?

Select correct option:

Objectives and goals

Mission statement

Business portfolio

Operational strategies

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Quiz Start Time: 12:33 PM

Time Left 78

sec(s)

Question # 11 of 15 ( Start time: 12:38:49 PM ) Total Marks: 1

Sampling requires the answer to three questions. Which of the following is an inappropriate one?

Select correct option:

Who is to be sampled (what sampling unit)?

How many people should be surveyed (what sample size)?

Why should they be sampled (justification)?

How should the people be chosen (what sampling method)?

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Quiz Start Time: 12:33 PM

Time Left 78

sec(s)

Question # 12 of 15 ( Start time: 12:39:13 PM ) Total Marks: 1

Which one of the following model can be used to analyze the environment both for new and existing business?

Select correct option:

Chain model

The BCG model

Five forces model

Value chain model

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Quiz Start Time: 12:33 PM

Time Left 87

sec(s)

Question # 13 of 15 ( Start time: 12:39:36 PM ) Total Marks: 1

Which method of research can be used to obtain information if people are unwilling or unable to provide?

Select correct option:

Observation

Focus groups

Personal interviews

Questionnaires

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Quiz Start Time: 12:33 PM

Time Left 87

sec(s)

Question # 14 of 15 ( Start time: 12:40:06 PM ) Total Marks: 1

If ABC Ltd knows that its market share in Pakistan has dropped 13 percent in the first quarter of the year but does not

know what might have contributed to this decline, it is in which stage of the marketing research process?

Select correct option:

Hypothesis development

Symptom identification

Problem identification

Data interpretation

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Quiz Start Time: 12:33 PM

Time Left 75

sec(s)

Question # 15 of 15 ( Start time: 12:40:50 PM ) Total Marks: 1

Person’s pattern of living as expressed in his or her psychographics represents which one of the following concepts?

Select correct option:

Personality

Culture

Lifestyle

Motive

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