Electronic Retailing (E-tailing) Definition Retail marketing management - Introduction Unit 1. Marketing is the term used to refer only to the sales function within a firm Marketing managers usually don't get involved in production or distribution decisions Marketing is an activity that considers only the needs of the organization, not the needs of society as a whole View solution > View more. Let's test your knowledge of retail management with this interactive quiz. (c) items in the product line. Also read: Macroeconomics Multiple Choice Questions. Supply Chain C. Finance D. All of the above View Answer _mainly deals buying and selling, Finance Tourism Business Etiquette Organizational Behavior Production and Material Management Hospitality Management Digital Marketing Advertising and Sales Management Rural Marketing . An Overview of Strategic Marketing Section A 1) Marketing is best defined as: . 36. 14. An organizational function and a set of process for creating, communicating and delivering, value to customers and that benefit the organization. Assembling of goods from various wholesalers. (a) dimensions in the product line. Which of the following is not a function of a retailer? PDF MULTIPLE CHOICE QUESTIONS execution - DIMR Markets Around Us. These Marketing Management Objective Questions with Answers are important for competitive exams UGC NET, GATE, IBPS Specialist Recruitment Test. Marketing mix is defined as the set of activities or strategies that a company or business uses for promoting its products and services in the market. Principles of Marketing Multiple Choice Questions and Answers (MCQs)-Arshad Iqbal 2019-05-17 Principles of Marketing Multiple Choice Questions and Answers (MCQs): Quiz & Practice Tests with Answer Key PDF, Principles of Marketing Worksheets & Quick Study Guide covers exam review worksheets to solve problems with 850 solved MCQs. Concept of Retailing The distribution of products begins with the producer and ends at the ultimate consumer. The most formal definition of marketing is ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐. Retailing is a marketing function which ---- a. sells products to other business b. sells products to a company that resells em c. sells products to final consumers d. sells products for one's own use Retail Management. Which is a function of E-commerce a. marketing b. advertising c. warehousing d. all of the above Answer: D 15. 1. MCQ. c) Village fairs. Questions and Answers. C. always be well-stocked with the basic items that customers would expect to find in your store. Functions of Exchange - 1. E) cutting back on their online presence. D. sells products for ones own use ANSWER: C 37. Page 2. info[at]objectivequiz[dot]com . The market environment is a marketing term and refers to all of the forces outside of marketing that affect marketing management's ability to build and maintain successful relationships with target customers.. Retail Management MCQ Questions and Answers. d. loop. Retailing constitutes the final link in the distributive chain. All of . B. free flow. (True . Q8. _ is a function of E commerce. The 4P's make up the typical marketing mix and it includes Product, Place, Price and Promotion. b. False A retailer can become a ________ through low prices, specialized products, a large selection, and superb customer service. Counter service b. Self-service c. Online shops d. Cost-plus pricing View Answer Retailing encompasses the business activities involved in selling goods and services to consumers for their personal, family, or household use. (e) specialties a company offers. The marketing personnel have to find out the places where the buyers exist, establish contacts with them and maintain cordial relations with them. In order to get feedback about its recently launched immunity-boosting ayurvedic medicine, Ayushman Ltd conducted an online survey using a questionnaire, to gather customer views and opinions. Q.2 In duopsony market there will be? located at the point of indifference. 1. c. to guarantee control over the length of the stages of the product life cycle. Rural marketing can be more effective, if it is arranged through: a) Door-to-door campaigns. View chapter > Practice more questions . "Principles of 12. Identify the related function of labelling being depicted below as given on the pack of the chips. The most formal definition of marketing is ______________. Medium. Retailing is a marketing function which ----. (d). Some of these functions are: 1. 1. a) Meeting needs profitability. A. Digital Marketing MCQ Questions. C. sells products to final consumers. Learn about:- A. c. Meeting needs profitability. ; The company was found on April 1, 1976, by Steve Jobs, Steve Wozniak, Ronald Wayne. After creating a demand for the product it is essential to establish contact with the buyers. Establishing Contact with the Buyers: Buyers are many and scattered over a vast area. +971 4 884 9393 - +971 50 509 2199 Office 108 European Business Center, DIP 1 - Dubai, UAE. NOTE: Be carefully during selecting Answers because we shuffle the answer options for more concentration so, Be Active. (b) Grading of products. "Think different" is an advertising slogan used by Apple Computer Inc, now named Apple Inc. Retailers are always in search of different marketing strategies to attract more customers, increase awareness and sales growth. Here, we'll ask you a few interesting MCQ questions related to the concepts of marketing. Q.1 Which of the following is an imperfect market? 2. b) Post- production activity . Besides this, retailing is a great asset to the economy. Each of the aspects addresses activities that begin with the creation of a good or service and follow all the way . d) Management is a rigid process. Question 21. This post covers E Commerce MCQ with Answers updated in 2021. These MCQs are useful for MBA, MMS, BBA, Bcom, Mcom, PGDM, MMM, and MCA students for NET, SET, Ph D university, competitive & entrance exams. 1. MCQ quiz on Marketing Management multiple choice questions and answers on Marketing Management MCQ questions quiz on Marketing Management objectives questions with answer test pdf for interview preparations, freshers jobs and competitive exams. In recent times there have been additions to the existing marketing mix and . b) Melas. c. spine. Given below are top 100 Marketing Management MCQ with Answers and explanations. Marketing B. This layout is the simplest type of store layout in which fixtures and merchandise are grouped into free-flowing patterns on the sales floor. The retail marketing mix is a term that is used to collectively identify several key aspects or phases associated with achieving success in a retail market. Multiple choice questions of Subject Commerce MCQs Topic mcq on marketing management ( mcq on marketing management Quiz ) for Entrances (Entrance Exam) Conducted by different Central and State Universities are given below. Convenience Store: It is generally a well situated, food oriented store with long operating house and a limited number of items.Consumers use a convenience store; for fill in items such as bread, milk, eggs, chocolates and candy etc.. b. Super markets: It is a diversified store which sells a broad range of food and non food items.A supermarket typically carries small house hold appliances . Business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business are the types of business transactions. c) The 4 ps. To achieve a target market share. To maximize profit by using better marketing strategies. What is the primary goal of agribusiness? 1. All objective-based questions are provided with solutions. Marketing Management MCQs - 101+ Multiple Choice Question and Answers. The Law is for the purpose of protecting customers from exploitation by . D) operating stores with less square footage. Legislation that does not form part of the marketing environment of India is The Drugs and Cosmetics Act,1940.. C) opening dramatically larger supercenters. T/F A manufacturer seeking to control retail selling prices and the in-store competitive environment should utilize an independent vertical marketing system. It provides jobs, adds to the GDP, and acts as a preferred . Discussion. 3. d) All of the above. Marketing Mix MCQs. a. d) All . What is the primary goal of agribusiness? Merchandising 2. All forces or factors that effect marketing policies, decisions and operations of a business constitute. Question Bank - Multiple Choice Questions (MCQs) Unit 1: Nature of Management 1) Which one of the following statements is not correct? Short answer type questions. The set of E-Commerce MCQs can be used for the preparation of SET, NET . Principles of Marketing Multiple Choice Questions and Answers (MCQs)-Arshad Iqbal 2019-05-17 Principles of Marketing Multiple Choice Questions and Answers (MCQs): Quiz & Practice Tests with Answer Key PDF, Principles of Marketing Worksheets & Quick Study Guide covers exam review worksheets to solve problems with 850 solved MCQs. Function # 3. Retailers are always in search of different marketing strategies to attract more customers, increase awareness and sales growth. value costs Hey, do you think marketing is an interesting subject? If . 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