SAMPLE PAPER NO 2
PRINCIPLES OF MARKETING
PART I OBJECTIVE
MAX MARKS 40
TIME DURATION 1:00 HR.
be specific
be realistic
fit the market environment
be stated in terms of product and technology
True
False
8. A market-oriented mission statement defines the business in terms of satisfying basic customer needs.
True
False
Signatures ________________
2
12. The ______________________ environment consists of the laws, government agencies, and pressure
groups that influence or limit various organizations and individuals in a given society.
13. Core beliefs are values passed on from parents to children and are reinforced by schools, churches,
business and government and as such, they are open to considerable change.
True
False
14. Environmental concerns have grown steadily over the last three decades. Which of the following is
not one of those concerns?
a. growing shortages of raw materials
b. increased pollution
c. increasing government intervention in natural resource management
d. increasing numbers of infinite resources
15. The ______________________________________ environment is perhaps the most dramatic force
now shaping our destiny.
16. Which of the following is not one of the marketing stimuli influencing consumer buying behavior?
a. Product
b. Price
c. People
d. Promotion
17. _________________________ is the most basic cause of a person's wants and behavior.
Culture
18. According to Maslow, which of the following is the proper order of human needs from the most
pressing to the least pressing?
a. Physiological, safety, esteem, social, self-actualization
b. Physiological, social, safety, esteem, self-actualization
c. Physiological, safety, social, esteem, self-actualization
d. Physiological, esteem, social, safety, self-actualization
19. _______________ __
_________ is the type of group to which the individual does
not belong but which the individual wishes to join?
20. Selective retention describes the tendency of people to interpret information in a way that will
support what they already believe.
True
False
17. Almost all major purchases result in cognitive dissonance, which is discomfort caused by postpurchase behavior.
True
False
21. During the ____________________________ _____________________________ stage of the
Business Buying Process, the buying center often will draw up a list of the desired supplier attributes
and their relative importance.
22. The buying process begins when someone in the company recognizes a problem or need that can be
met by acquiring a specific good or service. Problem recognition can result from internal and/or
external stimuli.
True
False
BOOKS RECOMMENDED:
1.Principles of Marketing by Philip Kotler & Gary Armstrong 10th Ed.
Signatures ________________
3
23. Many business markets have inelastic demand. That is, total demand for many industrial products is
not much affected by price changes, especially in the short run.
True
False
24. The Buying Center participant member with the highest rank always has the greatest influence in the
buying process.
True
False
25. Value analysis is an approach to cost reduction in which components are studied carefully to
determine if they can be redesigned, standardized or made by less costly methods of production.
True
False
26. When a firm attempts to capture a large share of one or a few segments, the firm is practicing a
________________________________ marketing strategy.
27. The philosophy that suggests that each brand should pick an attribute and then promote itself as
"number one" on that attribute is called __________________________
____________________________ _________________________ (USP).
28. Implementation of a good position statement is often more difficult for a company than developing it.
True
False
29. The largest, fastest growing segments are not always the most attractive ones for every company.
True
False
30. A ______________________________ market consists of a set of buyers who share common needs
or characteristics that the company decides to serve.
31. Using a ____________________________ marketing strategy, a firm decides to target several market
segments and designs separate offers for each.
32. Given the significant fragmentation of markets, mass marketing makes the most sense to reach the
greatest number of potential customers.
True
False
33. There is no single best way to segment a market.
True
False
Signatures ________________
True
False
36. Successful service companies focus their attention on both their customers and their employees
because they understand the service-profit chain links service firm profits with employee and
customer satisfaction.
True
False
37. A good package may:
a. protect the product.
b. promote the product.
c. raise total distribution costs.
d. all of the above
38. Strong brand preference and loyalty, special purchasing effort, little comparison of brands and low
price sensitivity are all characteristics of _______________________ goods.
39. A product concept is
a. An idea for a product that the company can see itself offering to the market.
b. The particular picture consumers acquire of an actual or potential product.
c. A detailed version of the idea expressed in meaningful terms.
d. All of the above.
40. What is the proper order of a typical life cycle?
a. Introduction, growth, maturity, decline
b. Introduction, maturity, growth, decline
c. Introduction, growth, decline, maturity
d. Introduction, decline, growth, maturity
BOOKS RECOMMENDED:
1.Principles of Marketing by Philip Kotler & Gary Armstrong 10th Ed.
Signatures ________________
SAMPLE PAPER
PRINICIPLES OF MARKETING
SUBJECTIVE
MAX MARKS 60
Marketing
[15]
Environment
a. Marketing
Department
Organization
b. marketing
control
What are the different ways in which a company can organize its marketing
department?
(b)
[8]
Define marketing control; what are the major types of controls that a company
uses to keep a check on its performance?
Q no 3. (a)
(b)
[7]
What are major types of buying situations that a business marketer may
face?
Q no 4. (a)
[7]
[8]
Consumer
Market and
Consumer
Buying
Behavior
Segmentation
Targeting and
Positioning
behavior?
[6]
(b)
What are the major types of consumer buying decision behavior? Briefly
discuss each one.
[9]
Q no 5.
Q no 6.
New product
development
process
a. New product
development
b. strategic
planning
c. marketing
management
orientations
[15]
Q no 7.
Business
Markets and
Business
Buying
Behavior
[15]
a. Test Marketing
b. Mission Statement of a company
c. Societal marketing concept
BOOKS RECOMMENDED:
1.Principles of Marketing by Philip Kotler & Gary Armstrong 10th Ed.
Signatures ________________