It is divided into direct and indirect channel. M.B.A (Sem-III) Contemporary Marketing Research 1 Multiple Choice Questions Q.1. Updated 5/29/2016 7:50:33 AM. 72 Chapter 2: Developing Marketing Strategies and Plans Suggested Answer: A value chain is a tool for identifying ways to create more customer value. The process of selecting one or more market segments to enter is called ________. Privacy Statement - A company's channel decisions directly affect every _____. 11. Marketing channel decisions are among the most critical decisions facing an organization. Ltd. Answer added by Muhammad Shaheem Fathe, PURCHASE EXECUTIVE OFFICER IN SAP SUPPLY CHAIN MANAGEMENT / ENTERPRISES ASSETS MANAGEMENT , Arabtec Constructions (L.L.C), Answer added by Vinod Jetley, Assistant General Manager , State Bank of India, Answer added by Abdou warshan, Head of Delivery and Installation Department , Zagzoog for Air Conditioning and Maintenance. ( )Page Ref: 340 2) A company's channel decisions directly affect the prices of its products. 1) Downstream marketing channel partners, such as wholesalers and retailers, form a vital link between the firm and its customers. Business Communication MCQ is important for exams like MAT, CAT, CA, CS, CMA, CPA, CFA, UPSC, Banking and other Management department exam. What if, some of the intermediaries are not work effectively ? The chosen channels closely affect all other marketing decisions. Intermediaries play an important role in matching ________. Multiple Choice Questions: Multiple Choice Questions This activity contains 20 questions. The type of product, your organization’s capabilities versus those of other channel members, the way competing products are marketed, and changes in the business environment and technology can also affect your marketing channel decisions. A company's channel decisions directly affect every _. A channel consisting of one or more independent producers, wholesalers or retailers that are seeking to maximize their own profits even at the expense of profits for the channel as a whole is a _____. The extended Ps of service marketing mix are : D. marketing decision. Question. We will find out what important decisions we need to take into account. Register now Business Communication MCQ Questions and answers with easy and logical explanations. Management provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Once you have completed the test, click on 'Submit Answers for Grading' to get your results. a) True b) False Conducting Marketing Research and Forecasting Demand, Consumer-Industrial and Government Markets, Executing Strategy Through Organizational Design, Strategic Elements of Competitive Advantage. The supply chain concept originated in what discipline? Marketing means A) Buying B) Selling C) Buying & Selling D) Analyzing Ans:C Q.2. Channel objectives differ with product characteristics. Marketers that distribute products through mass merchandisers such as Wal-Mart will have different pricing objectives and strategies than will those that sell to specialty stores. Whether to sell via intermediaries or directly to consumers, how many outlets to sell through, and whether to control or cooperate with other channel members are examples of decisions marketers must make about Promotion Price Distribution Product 62. A company's channel decisions directly affect every _____. ( )Page Ref: 341 a) 2 b) 3 c) 4 d) 5 View Answer / Hide Answer. Various factors affect a company’s decisions about the intensity of a product’s distribution. A) reseller B) supplier C) wholesaler D) retailer's creditor E) go... An attractive idea must be developed into a ________. Channels produce 5 service output levels: 61. The components are: True alignment to corporate and sales strategy Defined partner selection process Adherence to a channel governance process Each of these channels may offer different coverage, skill, and performance. Regression Equation as a company's sales? _______ are visual representations of consumer perceptions and preferences. According to the manufacturing-based definition of quality Their combined revenue was equal to that of 1.5 direct sales people. MCQ: Unit-1: introduction to Operations and Supply Chain management 1. The channel manager must be very specific in describing channel tasks, and must define how these tasks will … Expert Answered. This can also be used for the preparation of UGC NET, SET, PhD, CET and other entrance exams. This activity contains 16 questions. They may also realize economies of scale that channels of distribution often offer. The marketing research process is presented to you in your text as: UPS is a company that hires a very high number of __________ and _________ workers. Your company policy allow to gift exchange with customer within certain limit. The 5 components of a Channel Management Strategy . Imagine how it would affect our business. Mcq 1. Get Fresh Updates On your job applications, and stay connected. Channel-Design Decisions. A. customer's choices. Multiple choice questions Try the multiple choice questions below to test your knowledge of this chapter. The process of selecting one or more market segments to enter is … The monthly bank statement of the company is different from the balance in the company's' ledgers,whose fault is it and what d'you do about it ? Imagine how it would affect our business. In direct channel also known as zero-level channel, manufacturer and customer deal directly with each other. An attractive idea must be developed into a ________. Intermediaries play an important role in matching ________. In some cases, a channel manager had 20 small channel partners assigned to them. A clear and thorough understanding of the customer, or target market, is required to be able to make appropriate decisions about channel integration and usability. Evaluating channel members 12. C. competitor's actions. specialized role A company's channel decisions directly affect every … ... Those aspects of business that a retailer can directly affect, such as store hours and merchandise lines carried, are referred to as: controllable variables: demographic statistics: The type of product, your organization’s capabilities versus those of other channel members, the way competing products are marketed, and changes in the business environment and technology can also affect your marketing channel decisions. Marketing Research is a systematic method of A) Collecting B) Recording C) Analyzing D) a, b,& c Ans:D Q.3. According to this model, every firm is a synthesis of activities performed to produce, market, deliver, and support its product. Place decisions, for example, affect pricing. By Mistake, you have given a gift to the customer's representative? Bayt.com is the leading job site in the Middle East and North Africa, connecting job seekers with employers looking to hire. Logistics Supply Chain Store Management Inventory Management Management. 5. There is no middleman in this channel. s. Expert answered|sujaysen|Points 18977| Log in for more information. Cookie Policy, Question added by Abdou warshan , Head of Delivery and Installation Department , Zagzoog for Air Conditioning and Maintenance, Answer added by mohamed badawy, Head Of Operations , Almajdoui Logistics Company, Answer added by Ahmed Hassan Ahmed Mohamed, Logistics Manager , مؤسسة ثابت سفر عبدالله الشهراني, Answer added by Wasi Rahman Sheikh, WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG, Answer added by Emad Mohammed said abdalla, ERP & IT Software, operation general manager . And because distribution channel decisions often involve long-term commitments to other firms, management must define its channels carefully, with an eye on tomorrow's likely selling environment as well as today's. Test bank Questions and Answers of Chapter 10: Product Issues in Channel Management A company's channel decisions directly affect every other marketing decision. Channel partnership Trying to forge a long term partnership with the distributors 10. : 12-5 76) In designing its marketing channel, Chairs for Every Occasion has moved from a make-and-sell view of its business, which focused on productive inputs and factory capacity as a starting point for marketing planning, to a sense-and respond view, which begins instead with … What is Cash Flow Statement Show a Company's Stability? Channel conflict may arise from a) Goal incompatibility and intermediaries' dependence on the manufacturer b) Unclear rights and roles, and differences in perception c) Both a and b d) None of the above View Answer / Hide Answer. This answer has been confirmed as … A) Procedural maps B) Brain maps C) Perceptual maps D) P... A company's channel decisions directly affect every ________. A) channel member B) marketing decision C) customer's choices D) employee in the channel E) competitor's actions Answer: B) … ______ are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exert influence on others. Today we are going to explain what are the key factors in challenge management. What if, some of the intermediaries are not work effectively ? "Quality is defined by the customer" is : An unrealistic definition of quality A user-based definition of quality A manufacturing-based definition of quality A product-based definition of quality 2. MCQ - Supply Chain Management variability at an acceptable cost b)quality depends on how well the product fits patterns of consumer preferences even though quality cannot be defined, you know what it is c)quality is the degree to which a specific product conforms to standards 22. Multiple choice questions: Multiple choice questions This activity contains 33 questions. Various factors affect a company’s decisions about the intensity of a product’s distribution. What is the idea of the Price value proposition? 2. The longer the channel, the more difficult it is to exercise control. Strategic Management MCQ is important for exams like MAT, CAT, CA, CS, CMA, CPA, CFA, UPSC, Banking and other Management department exam. Analyzing Customers’ Desired Service Output Levels. Logistics Officer (Information Cluster) SC 8. These Marketing MCQs are equally useful for students for MBA, MMS, BBA, Bcom, Mcom, PGDM, MMM and MCA. A) product line B) product mix C) product exten... A company's channel decisions directly affect every ________. Updated 10/15/2016 12:27:01 PM. Channel objectives are based on the requirements of the purchasers and users, the overall marketing strategy, and the long-run goals of the corporation. Which of the following is NOT a typical supply chain member? Strategy/ies to control channel conflict: to join your professional community. It includes MCQ questions on the decision support system, examples of a finance and accounting information system, major goals of the requirement determination phase of information system development, On-line transaction processing, and the … 2) Through imaginative distribution systems, companies can gain a competitive advantage, whereas companies may face damaging 0 Answers/Comments. There are numerous channels by which goods and services are distributed. A) market targeting B) market dominance C) market p... ______ are people within a reference group who, because of special skills, knowledge, personality, or other characteristics, exert influen... A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. A company's channel decisions directly affect every marketing decision. 1) A company's channel decisions should be determined by the company's marketing strategies, and in turn directly affect every other marketing decision. or log in The role of marketing channels - Channel Design, Channel Management 1. A) product idea B) product concept C) screened product D) test market E) prod... A ________ is the set of all products and items a particular seller offers for sale. Here are the collections of MCQ questions on MIS with answer includes multiple-choice questions on the fundamentals of management information system. Asked 10/14/2016 11:55:15 PM. This set of solved objective questions on MIS includes multiple-choice questions on the fundamentals of management information systems. A ________ is the set of all products and items a particular seller offers for sale. While designing the marketing channels, the channels result in ___ service outputs. This post covers marketing multiple choice questions with answers and explanation. How to tarnish your company's reputation in 30 seconds? Every day, thousands of new job vacancies are listed on the award-winning platform from the region's top employers. Marriage, childbirth, and divorce constitute the ________ that shape the consumption pattern of individuals. The process of selecting one or more market segments to enter is called ________. A company’s channel decisions directly affect every other marketing decision. B. channel member. After a company has reviewed its channel alternatives and determined the best channel design, it must implement and manage the chosen channel. Business MCQ Business - Chapter 10 Businesses that take part in a channel of distribution are known as Businesses that take part in a channel of distribution are known as Nadeem 23:01 Business - Chapter 10 A ________ is a need that is sufficiently pressing to direct a person to seek satisfaction. D................................................................................... >>>>>>>>>>>>>>>>>> D. marketing decision >>>>>>>>>>>>>>>>>>>>>>, answer D ___________ : marketing decision. A) stimulus B) motive C) culture D) perc... _______ are visual representations of consumer perceptions and preferences. Weegy: A company's channel decisions directly affect every marketing decision. , AL DOHA Company, Answer added by Salvatore Augello, owner , A.S. Trade & Consult. ANSWER: d) 5. Channel level: The producer and the final customer are part of every channel. Designing a channel system calls for analyzing customer needs, establishing channel objectives, & identifying & evaluating the major channel alternatives. [MUSIC] Welcome back. Answer added by Nasir Hussain, Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Management provides you all type of quantitative and competitive aptitude mcq questions with easy and logical explanations. Question. © 2000-2021 Bayt.com, Inc. All Rights Reserved. An advantage of a channel of distribution over selling direct to consumers is that each channel member plays a _____ in the channel. a. marketing b. operations c. logistics d. production 23. Marriage, childbirth, and divorce constitute the ________ that shape the consumption pattern of individuals. ANSWER: c) Both a and b. Which is the most commonly used measure in media planning. Terms of Use - Which of the following is NOT a typical supply chain member? 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