7083001-Industrial.pdf

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      list of attempted questions and answers

    multiple choice single answer   question the demand for industrial goods is :-  correct answer derived demand  your answer need of the customer  select the blank

      question in customer market a ________ price increase will shrink demand.  correct answer higher   your answer small multiple choice single answer 

      question a broad and definitive statement that covers an organization’s purpose, valuesand distinctive competencies is called :-  correct answer mission  your answer mission 

    multiple choice single answer   question large industrial companies realize substantial cost savings is by having:-  correct answer centralized purchasing  your answer decentralized purchasing select the blank

      question the manufacturer of individual product can take customers away fromcompetitors by ________ efforts.  correct answer promotional  your answer promotional 

    list of attempted questions and answers

    true!false  question a ma"or change in the price of an industrial component causes a significantchange in the end product price.  correct answer false  your answer false 

    true!false  question an organization that is structured to serve the customer is the most optimallydesigned organizational structure.  correct answer true  your answer true

     

    select the blank  question a senior manager such as general manager #purchase$ of an industrial marketingcompany will get more involved in the purchase of ________.  correct answer high value items  your answer high value items 

    multiple choice single answer 

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      question the sales force is influenced by :-  correct answer selling environment  your answer selling environment 

    multiple choice multiple answer   question response to a competitors price cut would be influenced by whether innovatorhas followed :-  correct answer high price strategy , low price strategy , competitors motivesyour answer high price strategy , low price strategy , competitors motives

    true!false  question market coverage means demographic areas to be covered.  correct answer true  your answer true 

    multiple choice multiple answer   question the maker of industrial product can increase total sales by :-

      correct answer research , developing new uses , developing new usersyour answer developing new uses , developing new users , reducing process

    true!false  question trade directories, government reports, company files are some of the sources ofprimary data.  correct answer false  your answer false 

    multiple choice multiple answer   question industries involved in production of chemical % pesticides have to :-

      correct answer make natural resources pollution free , devise safety measures to protectenvironment , properly dispose off waste materialyour answer make natural resources pollution free , devise safety measures to protect

    environment , properly dispose off waste material

    multiple choice single answer   question industrial market research is a systematic process of collecting data to :-  correct answer prepare actionable research report  your answer estimate market potential 

    true!false

      question it is easier to negotiate the purchase of power generators for a large powerstation than the purchase of pcs.  correct answer false  your answer false 

    true!false  question use of it tools like enterprise resource planning is helping industrial firms toimprove productivity and efficiency.  correct answer true

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      your answer true 

    true!false  question in industrial marketing buying is a collective decision making process.  correct answer true  your answer true 

    multiple choice single answer   question making money or facilitating the running of the business is a :-  correct answer rational reason  your answer rational reason 

    select the blank  question the best advertising should be best in creativity, simplicity and ________.  correct answer uniqueness  your answer uniqueness 

    select the blank  question by pricing the product at a very ________ level, management can havesubstantial gross margin.  correct answer high  your answer high 

    multiple choice single answer   question making an assessment of the competitors’ strengths and weakness is called :-  correct answer competitive position analysis  your answer competitive position analysis 

    select the blank  question a relative ________ product life span is a favourable condition for charging highprice.  correct answer short  your answer short 

    multiple choice single answer   question in pricing industrial goods, the most important factor is :-  correct answer cost  your answer price 

    select the blank  question management can choose the place the company in the position of a price

     ________.  correct answer leader   your answer leader  

    true!false  question direct e&porting is the only way of entering the foreign market.

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      correct answer false  your answer false 

    true!false  question branch offices are located in commercial centres.  correct answer false  your answer true 

    multiple choice multiple answer   question services of trained e&perts is required for :-  correct answer special accounting machines , statistical analysis equipment , electronicrecording equipmentyour answer special accounting machines , statistical analysis equipment , electronic

    recording equipment

    select the blank  question non stock carrying branch offices are used as ________ sales head quarter.

      correct answer regional  your answer regional 

    multiple choice single answer   question an imbalance between cost % price requires :-  correct answer managerial action  your answer managerial action 

    match the followingquestion correct answer your answer  

    indirect cost interest interest

    product life cycle different phasesdifferent phases

    price leadershipinitiate price change pricing decision

    direct cost wages wages

     

    select the blank  question the effectiveness of the advertising program is reflected by the ________ in thestate of awareness.

      correct answer differences  your answer differences 

    multiple choice multiple answer   question price of an industrial product depends upon :-  correct answer e&-works price , packing charges , delivery timeyour answer e&-works price , packing charges , delivery time

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     multiple choice multiple answer   question the legal framework is related to e&isting :-  correct answer business laws , civil rights , labour lawsyour answer business laws , labour laws , social laws

    multiple choice single answer   question industrial product advertising is an effective means to stimulate :-  correct answer primary demand  your answer primary demand 

    multiple choice single answer   question allocating time for prospecting activities helps in :-  correct answer servicing old accounts  your answer increasing potential sales volume 

    multiple choice multiple answer   question substantial cash outlay needs to be allocated for :-

      correct answer training salesmen , building stock of raw materials , providing informationto customersyour answer training salesmen , building stock of raw materials , setting up infrastructure

    multiple choice single answer   question the need of buying centre members of a firm can be studied by their :-  correct answer orientation  your answer interest 

    multiple choice single answer   question prospecting is essential to ensure future sources of :-

      correct answer sales revenue  your answer sales revenue 

    select the blank  question industrial marketer has an array of segmentation ________ to choose from  correct answer variables  your answer variables 

    select the blank  question marketing cost is the ________ payable to the channel members.  correct answer commission

      your answer commission 

    multiple choice single answer   question in an organisation, purchase division is made by:-  correct answer people  your answer people 

    select the blank

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      question market conditions may result in demand for a product, which is relatively ________ to change in price.  correct answer unresponsive  your answer unresponsive 

    true!false  question outsiders like technical consultants can play a key role in the purchase processof a large buying organization.  correct answer true  your answer true 

    multiple choice single answer   question the first step in managing the industrial product marketing system is :-  correct answer identifying the needs of customers  your answer identifying the needs of customers 

    multiple choice multiple answer 

      question industrial firms should act in the following ways to the changes in environment :-  correct answer influence , modify , respondyour answer influence , modify , respond

    multiple choice single answer   question general public will work towards a cause if it is :-  correct answer motivated  your answer motivated 

    multiple choice single answer   question industrial markets can be segmented in two steps:-

      correct answer micro and macro  your answer micro and macro 

    multiple choice single answer   question a broad and definitive statement that covers an organization’s purpose, valuesand distinctive competencies is called :-  correct answer mission  your answer mission 

    true!false  question the salesperson assists in solving the purchase organizations requirement in

    return for a specific sales.  correct answer true  your answer true 

    true!false  question the it and bpo service industries in india are showing lower rates of growthcompared to other industry sectors.  correct answer false  your answer false

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    list of attempted questions and answers

    select the blank  question a first appro&imation of ________ benefit analysis is necessary before a detailedsegmentation analysis.  correct answer cost  your answer cost 

    select the blank  question the effect of the economic environment is not ________ across industries.  correct answer uniform  your answer uniform 

    true!false

      question advertisement and public relation campaign pro"ect a positive image of the co.  correct answer true  your answer true 

    select the blank  question cost ratio plan uses ________ formula to evaluate vendor performance.  correct answer mathematical  your answer mathematical 

    multiple choice multiple answer   question during discussions, sales people handle issues such as :-

      correct answer delivery schedule , pricing , after sales serviceyour answer delivery schedule , pricing , after sales service

    true!false  question a lower price will stimulate demand for industrial products.  correct answer false  your answer false 

    select the blank  question the ultimate goal of business is to serve ________.  correct answer society

      your answer society 

    multiple choice single answer   question periodic analysis of an industrial buyer’s operations and purchase systems isnecessary to :-  correct answer understand the changes in buy practices  your answer understand the changes in buy practices 

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     multiple choice single answer   question direct costs are also referred to as :-  correct answer operating costs  your answer operating costs 

    multiple choice single answer   question an e&ternal environment analysis is necessary to understand :-  correct answer the needs of the customers  your answer the needs of the customers 

    select the blank  question the fundamental aspect of industrial marketing is that it addresses the needs andwants of ________.  correct answer business organizations  your answer business organizations 

    multiple choice multiple answer 

      question industrial sales person must understand the :-  correct answer manufacturing process of the company , motivating factors of individuals, procedures of the companyyour answer manufacturing process of the company , motivating factors of individuals ,

    procedures of the company

    true!false  question advertising effectiveness means the ratio of cost of advertisement and volume ofsales generated.  correct answer false  your answer false 

    select the blank  question brand positioning is the art of creating a ________ image for a product in theminds of customers.  correct answer distinct  your answer distinct 

    select the blank  question market ________ is the most optimistic estimate of the amount of product that anentire market will purchase in a given period of time.  correct answer potential  your answer potential

     

    multiple choice multiple answer   question service rating is "udged by following factors :-  correct answer promptness , speed , self interestyour answer promptness , speed , self interest

    true!false  question tariffs % quotas are used by the govt. to protect indigenous business from foreign

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    competition.  correct answer true  your answer true 

    true!false  question a new task buy situation has to pass several phases like awareness, interest andevaluation.  correct answer true  your answer true 

    multiple choice single answer   question how does advertisements help salespersons'  correct answer it helps the salespersons by improving image of the company in thecustomers mind.  your answer it helps the salespersons by improving image of the company in the customersmind. 

    true!false  question effective use of sales force lead to achieving ma&imum sales at low costs.  correct answer true  your answer true 

    multiple choice multiple answer   question internal public includes :-  correct answer top management , factory workers , senior managersyour answer factory workers , contract workers

    multiple choice single answer 

      question sales agent handles :-  correct answer competing products  your answer competing products 

    multiple choice multiple answer   question for an industrial company, the following topics would fall under the category ofinformation on economic scenario :-  correct answer gdp growth figures , inflation ratesyour answer gdp growth figures , inflation rates

    multiple choice single answer 

      question initially rating is evaluated for :-  correct answer each variable  your answer specific variables 

    select the blank  question sales personnel should study customers as ________.  correct answer individuals  your answer individuals 

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     multiple choice single answer 

      question strategic industrial marketing decision are primarily concerned with selection of :-  correct answer product-mi&  your answer product-mi& 

    select the blank  question many food processing firms prefer to take on ________ the processing plants fortheir use during the peak season.  correct answer lease  your answer lease 

    multiple choice single answer   question the marketer of standardized industrial goods gain ob"ectives more effectivelythan non-standardized items because of the use of :-  correct answer price strategy  your answer price strategy 

    multiple choice multiple answer   question sales personnel should :-  correct answer be sensitive to the need of the customers , have deep technicalknowledge , have good communication skillsyour answer be sensitive to the need of the customers , have deep technical knowledge ,

    have good communication skills

    true!false  question delivery commitment plays a crucial role in purchase negotiations for industrialitems.  correct answer true

      your answer true 

    multiple choice multiple answer   question industrial markets can be positioned on product merits e.g.:-  correct answer quality conscious , reliability , dependabilityyour answer quality conscious , reliability , dependability

    multiple choice multiple answer   question a company has to revise its pricing strategy when :-  correct answer competitor changes his price , new rival enters the market , it isadvantageous for the company to change price

    your answer competitor changes his price , new rival enters the market , it is advantageous forthe company to change price

    multiple choice multiple answer   question administration of sales force management is concerned with :-  correct answer motivating , compensating , directingyour answer motivating , compensating , directing

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     multiple choice single answer   question supporting plans are drafted for pro"ects requiring:-  correct answer special skills  your answer special knowledge 

    true!false  question a repeat purchase decision will generally involve changes in productspecifications from earlier supplies.  correct answer false  your answer false 

    match the followingquestion correct answer your answer  

    web design domain name domain name

    choice of media reaching the right audience communication of information

    basis of budgeting support percentage of past sales percentage of past sales

    advertising effectiveness evaluation of performance reaching the right audience

     

    select the blank  question ________ skills represent the essence of industrial marketing.  correct answer negotiations  your answer presentation 

    select the blank

      question decisions concerning pricing decisions are taken on ________ occasions.  correct answer three  your answer three 

    true!false  question the ob"ective of the high price strategy is only to recover firms investmentspeedily.  correct answer false  your answer false 

    select the blank

      question ________ are an important link in indirect to user channel strategy.  correct answer agents  your answer agents 

    true!false  question service is one of the variables of vendor rating system.  correct answer true  your answer true 

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     multiple choice multiple answer 

      question the message of well-designed advertisement for an industrial product shouldgenerally consist of :-  correct answer a short headline , an e&planation of the headline , distinctive features ofthe productyour answer a short headline , an e&planation of the headline , distinctive features of the

    product

    match the followingquestion correct answer your answer  

    management capability organise organise

    quality rating disposition factor defective material

    delivery rating delivery schedule delivery schedule

    service rating promptness promptness

     

    multiple choice multiple answer   question starting point for the negotiation process is :-  correct answer plans , goals , needsyour answer plans , goals , needs

    multiple choice single answer   question dgs%d refers to an authority that purchases goods for:-  correct answer central government  your answer the public sector 

     

    list of attempted questions and answers

    multiple choice multiple answer   question manufacturers handle the inventory requirement problem by :-  correct answer maintaining stock at convenient locations , make arrangement for returnof slow moving goods , levy service charge on return of goodsyour answer levy service charge on return of goods , maintaining stock at convenient locations

    , make arrangement for return of slow moving goods

    select the blank  question the industrial selling environment consists of a process of ________ betweenbuyer % seller.  correct answer e&change  your answer e&change 

    select the blank  question computer systems help in the ________ of the findings of the research pro"ect.

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      correct answer presentation  your answer presentation 

    select the blank  question in the process of performing their various activities, govt. may aid, hamper or

     ________ the industrial marketing efforts.  correct answer facilitate  your answer facilitate 

    multiple choice single answer   question open-ended questions in unstructured questionnaire are often called as :-  correct answer non-disguised questions  your answer non-disguised questions 

    match the followingquestion correct answer your answer  

    sales department to reduce cost of sales by () within one year to reduce cost of salesby () within one year 

    industrial marketing department increase profits for fy in q* and q+ increase profits for fy inq* and q+

    industrial marketing research department conduct survey for customer feedback on newproduct conduct survey for customer feedback on new product

    industrial marketing services departmentobtain service revenue from post-sales services in onemarket segmentobtain service revenue from post-sales services in one market segment

     

    multiple choice single answer   question secondary data is :-  correct answer already e&isting  your answer already e&isting 

    true!false  question pre-sales services and post-sales services are not important to modern-dayconcepts of industrial marketing.  correct answer false  your answer false 

    select the blank  question in marketing research ________ influence the type of research that is selected.  correct answer ob"ectives  your answer ob"ectives 

    multiple choice multiple answer   question following capabilities of the organisation also form a basis for segmentation:-  correct answer operating , technical , financial

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      your answer operating , technical , financial

    multiple choice single answer   question the advertiser can formulate sales appeals that address prospective customersproblems and :-  correct answer responsibilities  your answer responsibilities 

    multiple choice single answer   question in industrial marketing, spare parts are sold through :-  correct answer branch office  your answer branch office 

    true!false  question to get market feedback in industrial marketing marketing research is conductedfrequently.  correct answer false

      your answer false 

    multiple choice multiple answer   question by reducing price, industrial marketers can :-  correct answer increase his share of the market , enlarge the total market , not make ama"or change in the end product priceyour answer increase his share of the market , enlarge the total market , not make a ma"or

    change in the end product price

    multiple choice multiple answer   question questions asked in unstructured surveys bring about :-

      correct answer motives , priorities , problemsyour answer motives , priorities , problems

    select the blank  question the manufacturer of individual product can take customers away fromcompetitors by ________ efforts.  correct answer promotional  your answer promotional 

    select the blank  question supply chain management is one of the tools used by modern companies to

    achieve ________.  correct answer high productivity improvement and efficiency  your answer high productivity improvement and efficiency 

    multiple choice multiple answer   question the following departments in a large engineering company would come under theresponsibility of vp #operations$ :-  correct answer assembly plant , machine shop , machinery repair and maintenancesection

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      your answer assembly plant , machine shop , machinery repair and maintenance section

    multiple choice multiple answer   question public interest groups support :-  correct answer environmental causes , womens rights , minority welfareyour answer environmental causes , womens rights , minority welfare

    select the blank  question one of the current trends in indian industrial companies is the aspect of

     ________ e&port growth.  correct answer higher   your answer higher  

    true!false  question sales forecast is the estimate of a cos e&pected sales in a given time period.  correct answer true  your answer true

     

    multiple choice multiple answer   question to push the companys products, advertising literature should point outadvantages to the middlemen, such as :-  correct answer wide margins , large sales potential , rapid turnoveryour answer wide margins , large sales potential , rapid turnover

    multiple choice single answer   question advertising ob"ectives need to assist  correct answer marketing ob"ectives  your answer marketing ob"ectives

     

    true!false  question countries with political stability have a grater chance of attracting investment frommncs.  correct answer true  your answer true 

    multiple choice single answer   question distributors contact potential buyers and negotiate :-  correct answer orders  your answer prices

     

    multiple choice multiple answer   question important sources for tender notices regarding purchases of industrial productsare:-  correct answer company websites , newspapers , trade magazinesyour answer newspapers , trade magazines , company websites

    multiple choice single answer 

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      question research ob"ectives are statements that :-  correct answer outline the aims of problem definition  your answer outline the aims of problem definition 

    true!false  question sample size in industrial marketing research can be as large as in consumermarketing.  correct answer false  your answer false 

    multiple choice multiple answer   question for industrial marketing, type of channel members needed would depend on :-  correct answer market coverage , marketing cost , marketing controlyour answer market coverage , marketing cost , marketing control

    select the blank  question the sales of standard industrial products are generally carried out through

     ________.  correct answer direct channel and middlemen  your answer direct channel and middlemen 

    multiple choice single answer   question the unit price of a capital equipment item is usually:  correct answer high  your answer high 

    match the followingquestion correct answer your answer  

     "oint venture control over operation agreement

    direct e&porting higher risk direct investment

    foreign production direct investment intermediaries

    comparative analysis similarities similarities

     

    multiple choice multiple answer   question car manufacturers make following parts in their factories :-

      correct answer engine , gear bo& , clutchyour answer engine , gear bo& , clutch

    true!false  question high price strategy does not lead to cost position advantage over likelycompetitors.  correct answer false  your answer false 

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     multiple choice single answer 

      question organizational buyers have to fulfill their needs relating to :-  correct answer the "ob function  your answer the "ob function 

    multiple choice multiple answer   question information sources for unstructured surveys are :-  correct answer sales personnel , dealers , customersyour answer dealers , customers , public at large

    multiple choice multiple answer   question structured surveys are used to measure :-  correct answer awareness % knowledge , attitudes % opinions , buyer behavioryour answer awareness % knowledge , attitudes % opinions , buyer behavior

    select the blank

      question when a firm sells through a limited number of outlets, it is known as ________distribution.  correct answer selective  your answer selective 

    true!false  question some purchase decisions also depend on buyers response to the sellersmarketing stimuli.  correct answer true  your answer true 

    true!false  question the effect of price on sale must be balanced by production costs.  correct answer true  your answer true 

    multiple choice single answer   question a small lathe is a type of :-  correct answer accessory equipment  your answer accessory equipment 

    true!false

      question advertising and promotion e&penses, as a percentage of total sales, are usuallymore for industrial products than for consumer products.  correct answer false  your answer false 

    multiple choice multiple answer   question important information on the purchase decision process in any industrialorganization can be obtained from:-  correct answer purchase officials , user department officials , gatekeepers

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      your answer purchase officials , user department officials , gatekeepers

    true!false  question legal and economic risks may occur because of fraudulent advertising.  correct answer true  your answer true

     

    multiple choice multiple answer   question industries constitute an important basis for market segmentation for companiesdoing business in :-  correct answer computers , software , office equipmentyour answer computers , software , office equipment

    multiple choice single answer   question prospecting is essential to ensure future sources of :-  correct answer sales revenue  your answer sales revenue

     multiple choice multiple answer 

      question by reducing price, industrial marketers can :-  correct answer increase his share of the market , enlarge the total market , not make ama"or change in the end product priceyour answer increase his share of the market , enlarge the total market , can substantially

    decrease end product price

    multiple choice single answer   question strengths and weaknesses of a firm can be derived through :-  correct answer an internal environment analysis  your answer an internal environment analysis 

    multiple choice multiple answer   question service rating is "udged by following factors :-  correct answer self interest , promptness , speedyour answer promptness , speed , delegation

    multiple choice single answer   question manufacturer % customer in industrial marketing are affected by :-  correct answer change in technology  your answer policies of govt. true!false  question outsiders like technical consultants can play a key role in the purchase processof a large buying organization.

      correct answer true  your answer true select the blank

      question the sales of standard industrial products are generally carried out through ________.  correct answer direct channel and middlemen  your answer direct channel and middlemen multiple choice single answer 

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      question a competitor while selling, may not be aware of his :-  correct answer overhead costs  your answer direct costs select the blank  question an industrial product manufacturer would prefer to deal with ________ suppliersof component parts.  correct answer fewer   your answer domestic multiple choice multiple answer 

      question internal public includes :-  correct answer top management , factory workers , senior managersyour answer top management , factory workers , senior managers

    select the blank  question a first appro&imation of ________ benefit analysis is necessary before a detailedsegmentation analysis.  correct answer cost  your answer price

     match the following

    question correct answer your answer  compressors manufacturer manufacturer electric lift maintenance service firm service firmsteel hardware whole seller!retailer distributor air-conditioners distributor manufacturers’ representatives

     multiple choice multiple answer   question during discussions, sales people handle issues such as :-  correct answer delivery schedule , pricing , after sales serviceyour answer delivery schedule , pricing , after sales service

    multiple choice single answer   question the generic need which the company will seek to satisfy, stated by topmanagement is called:-  correct answer mission  your answer mission select the blank

      question competitor, who enter late in the market, must apply part of their cash inflow tothe amortization of their own ________ cost.  correct answer development  your answer promotion select the blank

      question when purchase of industrial equipment is involved, the stage betweenmanufacture and dispatch of goods is called ________.  correct answer inspection  your answer inspection multiple choice single answer 

      question many overseas companies are attracted to india for setting up manufacturingoperations for industrial products on account of :-  correct answer cost competitiveness  your answer cost competitiveness

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     select the blank

      question supply chain management is one of the tools used by modern companies toachieve ________.  correct answer high productivity improvement and efficiency  your answer high productivity improvement and efficiency multiple choice multiple answer 

      question structured surveys are used to measure :-  correct answer awareness % knowledge , attitudes % opinions , buyer behavioryour answer awareness % knowledge , attitudes % opinions , buyer behavior

    multiple choice single answer   question the first step in the process of selling is :-  correct answer identifying prospects  your answer identifying prospects multiple choice multiple answer 

      question car manufacturers make following parts in their factories :-  correct answer engine , gear bo& , clutch

    your answer engine , gear bo& , clutch

    true!false  question demand for many industrial product is elastic.  correct answer false  your answer true match the following

    question correct answer your answer  sales department to reduce cost of sales by () within one year increase profits for fy inq* and q+industrial marketing department increase profits for fy in q* and q+ recruit new employeesindustrial marketing research department conduct survey for customer feedback on new

    product conduct survey for customer feedback on new productindustrial marketing services departmentobtain service revenue from post-sales services in onemarket segmentobtain service revenue from post-sales services in one market segment

     

    true!false  question sales forecast is the estimate of a cos e&pected sales in a given time period.  correct answer true  your answer true 

    select the blank

      question industrial force should be ________ to market conditions.  correct answer responsive  your answer responsive 

    multiple choice multiple answer   question the legal framework is related to e&isting :-  correct answer business laws , civil rights , labour lawsyour answer business laws , civil rights , labour laws

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     true!false

      question a repeat purchase decision will generally involve changes in productspecifications from earlier supplies.  correct answer false  your answer false 

    true!false  question tariffs % quotas are used by the govt. to protect indigenous business from foreigncompetition.  correct answer true  your answer true 

    true!false  question personal selling is a powerful tool in industrial product selling.  correct answer true  your answer true 

    true!false  question a lower price will stimulate demand for industrial products.  correct answer false  your answer true 

    multiple choice multiple answer   question assured consistency of the quality can have important benefits for the buyer-userlike :-  correct answer inspection at incoming end , save inventory cost , stocking timeyour answer inspection at incoming end , less headache

    multiple choice single answer   question a sales presentation is made to provide prospective customers with sufficientinformation on the firms :-  correct answer product  your answer product 

    select the blank  question the effectiveness of the advertising program is reflected by the ________ in thestate of awareness.  correct answer differences  your answer differences

     

    select the blank  question many food processing firms prefer to take on ________ the processing plants fortheir use during the peak season.  correct answer lease  your answer hire 

    multiple choice single answer 

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      question the type of demand that characterizes industrial products is called :-  correct answer derived demand  your answer derived demand 

    true!false  question hydraulic equipments are handled by general line industries.  correct answer false  your answer false 

    multiple choice multiple answer   question industrial marketers have a choice of structural arrangement like :-  correct answer direct to users , indirect to users , mi&ed structureyour answer direct to users , indirect to users , mi&ed structure

    true!false  question bill to vendor % absorbed by buyer are the two possibilities under rework.  correct answer true

      your answer true 

    true!false  question to get market feedback in industrial marketing marketing research is conductedfrequently.  correct answer false  your answer true 

    multiple choice single answer   question fundamental skill requirement for closing a sale is :-  correct answer application of psychology

      your answer application of psychology 

    multiple choice multiple answer   question for industrial marketing, type of channel members needed would depend on :-  correct answer market coverage , marketing cost , marketing controlyour answer market coverage , marketing cost , marketing control

    list of attempted questions and answers 

    select the blank

      questiontrade ________ form a part of regulatory environment.  correct answerbarriers  your answer barriers 

    multiple choice multiple answer   questionsales personnel should :-  correct answer be sensitive to the need of the customers , have deep technical

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    knowledge , have good communication skillsyour answer have deep technical knowledge , have good communication skills , be sensitive

    to the need of the customers

    match the followingquestioncorrect answer your answer 

    freight equalization - base point - base point

    consumer goods - advertising % sales promotion - advertising % sales promotion

    high price strategy - patents - patents

    short life span - recovery of investment - recovery of investment 

    select the blank

      questionanalytical techniques are ________ to a large e&tent.  correct answermathematical  your answer non predictable 

    multiple choice single answer   questionthe approach to selling by the sales force should be :-  correct answer professional  your answer professional 

    multiple choice multiple answer   questionfollowing capabilities of the organisation also form a basis for segmentation:-  correct answer operating , technical , financialyour answer operating , technical , financial

    multiple choice multiple answer   questionproduct development can discourage competition if it is :-  correct answer technologically intensive , capital intensive , require state-of-arttechnologyyour answer technologically intensive , capital intensive , require state-of-art technology

    multiple choice multiple answer   questionwhen the product is comple& % requires service by skilled specialist, the manufacturer has to :-  correct answer supply large number of spare parts , change a premium price , train thetechnician of buyeryour answer maintain service station , supply large number of spare parts , train the technician

    of buyer

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     select the blank

      question ________ of supply is one of the important aspects buyers look for.  correct answer continuity  your answer continuity 

    multiple choice single answer   questiondirect costs are also referred to as :-  correct answer operating costs  your answer operating costs 

    multiple choice multiple answer   questionsubstantial cash outlay needs to be allocated for :-  correct answer building stock of raw materials , providing information to customers ,training salesmen

    your answer training salesmen , building stock of raw materials , setting up infrastructure

    multiple choice multiple answer   questionindustrial markets can be positioned on product merits e.g.:-  correct answer quality conscious , reliability , dependabilityyour answer quality conscious , reliability , dependability

    multiple choice single answer   questionthe generic need which the company will seek to satisfy, stated by top management is called:-

      correct answer mission  your answer mission 

    true!false  questionin industrial product marketing, the cost of maintenance is not important in making comparisonswith competitors’ products.  correct answer false  your answer false 

    multiple choice single answer 

      questionmany overseas companies are attracted to india for setting up manufacturing operations forindustrial products on account of :-  correct answer cost competitiveness  your answer cost competitiveness 

    multiple choice multiple answer   questionmanufacturers handle the inventory requirement problem by :-

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      correct answer maintaining stock at convenient locations , make arrangement for returnof slow moving goods , levy service charge on return of goodsyour answer maintaining stock at convenient locations , make arrangement for return of slow

    moving goods , supplying against specific orders

    select the blank  questionindustrial force should be ________ to market conditions.  correct answer responsive  your answer responsive 

    true!false  questionmaterials that go into the production of food ! drug end product have very narrow qualitytolerance.  correct answer true  your answer true 

    select the blank  questione&ploratory research involves the gathering of ________ data from secondary sources.  correct answer preliminary  your answer preliminary 

    multiple choice multiple answer   questiontechnical service means details about :-  correct answer ingredient material , how product works , type of make of key equipmentsin the product

    your answer ingredient material , how product works , type of make of key equipments in theproduct

    multiple choice single answer   questiona broad and definitive statement that covers an organization’s purpose, values and distinctivecompetencies is called :-  correct answer mission  your answer mission 

    select the blank

      questionsupply chain management is one of the tools used by modern companies to achieve ________.  correct answer high productivity improvement and efficiency  your answer high productivity improvement and efficiency 

    multiple choice single answer   questionan alternative term used for industrial marketing is :-  correct answer bb marketing

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      your answer bb marketing 

    multiple choice single answer   questionmaking an assessment of the competitors’ strengths and weakness is called :-  correct answer competitive position analysis  your answer competitive position analysis 

    multiple choice single answer   questionopen-ended questions in unstructured questionnaire are often called as :-  correct answer non-disguised questions  your answer non-disguised questions 

    match the followingquestioncorrect answer 

    your answer 

    accuracy of data - sampling error - sampling error 

    frequency of use - periodical use of information - periodical use of information

    urgency of response - fast decision making - fast decision making

    timeliness - current information - current information

     multiple choice single answer 

      question

    the first step in managing the industrial product marketing system is :-  correct answer identifying the needs of customers  your answer identifying the needs of customers 

    true!false  questioneffective use of sales force lead to achieving ma&imum sales at low costs.  correct answer true  your answer true 

    multiple choice single answer 

      questionthe most important of the operating plans are :-  correct answer policies  your answer policies 

    select the blank  questionwhen purchase of industrial equipment is involved, the stage between manufacture and dispatchof goods is called ________.

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      correct answer inspection  your answer inspection 

    true!false  questionoutsiders like technical consultants can play a key role in the purchase process of a large buyingorganization.  correct answer true  your answer true 

    multiple choice multiple answer   questionstructured surveys are used to measure :-  correct answer awareness % knowledge , attitudes % opinions , buyer behavioryour answer awareness % knowledge , attitudes % opinions , buyer behavior

    multiple choice single answer 

      questiondistributors contact potential buyers and negotiate :-  correct answer orders  your answer orders 

    multiple choice single answer   questionlarge organisations opt for :-  correct answer volume purchasing  your answer volume purchasing 

    true!false  questionthe level of customer e&perience influences the marketing strategy.  correct answer true  your answer true 

    select the blank  questionnon stock carrying branch offices are used as ________ sales head quarter.  correct answer regional  your answer regional 

    multiple choice single answer   questionvalue analysis comprises following actions :-  correct answer review of e&isting product  your answer review of e&isting product 

    select the blank  question

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    the industrial selling environment consists of a process of ________ between buyer % seller.  correct answer e&change  your answer e&change 

    true!false  questionin order to en"oy cost advantage relative to the innovative firm, competitor must reach a break-through in product design.  correct answer true  your answer true 

    multiple choice multiple answer   questionpublic interest groups support :-  correct answer environmental causes , womens rights , minority welfareyour answer environmental causes , womens rights , minority welfare

    true!false  questionsometimes when the price of a material drops below a certain level, buyers start thinking of newapplications.  correct answer true  your answer true true!false

      questionthe ob"ective of the high price strategy is only to recover firms investment speedily.  correct answer false  your answer false 

    true!false  questionpersonal selling is a powerful tool in industrial product selling.  correct answer true  your answer true 

    multiple choice multiple answer   questionadministration of sales force management is concerned with :-  correct answer motivating , compensating , directingyour answer motivating , compensating , directing

    multiple choice single answer   questionrapport building requires special skills e.g. :-  correct answer human relations  your answer human relations 

    multiple choice single answer 

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      questionfinancial capability refers to :-  correct answer cash flow position  your answer cash flow position 

    multiple choice single answer   questionstrengths and weaknesses of a firm can be derived through :-  correct answer an internal environment analysis  your answer an internal environment analysis

    list of attempted questions and answers

    multiple choice single answer   questionin pricing industrial goods, the most important factor is :-  correct answer cost  your answer cost

     

    select the blank  questionmethods to measure market ________ can classified into qualitative and quantitative methods.  correct answer potential  your answer potential 

    select the blank  questioncomputer systems help in the ________ of the findings of the research pro"ect.  correct answer presentation

      your answer presentation 

    select the blank  questionsenior marketing personnel from a supplier firm are usually involved in a ________ situation:  correct answer new task buy  your answer new task buy 

    select the blank  questionibm, microsoft and google are "ust three mncs that have ________.

      correct answer set up software development centers in india  your answer set up software development centers in india 

    select the blank  questionby pricing the product at a very ________ level, management can have substantial gross margin.  correct answer high  your answer high 

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     multiple choice multiple answer 

      questionfor an industrial company, the following topics would fall under the category of information oneconomic scenario :-  correct answer gdp growth figures , inflation ratesyour answer gdp growth figures , inflation rates , initial public offerings by new companies

    multiple choice single answer   questionprimary task to be performed for the e&ecution of the sales efforts is :-  correct answer making sales presentation  your answer making sales presentation 

    true!false  questionadvertising and promotion e&penses, as a percentage of total sales, are usually more forindustrial products than for consumer products.

      correct answer false  your answer false 

    multiple choice single answer   questionfundamental skill requirement for closing a sale is :-  correct answer application of psychology  your answer application of psychology 

    multiple choice single answer   question

    research ob"ectives are statements that :-  correct answer outline the aims of problem definition  your answer outline the aims of problem definition 

    true!false  questionbuyers always buy on the basis of the merit of the product.  correct answer false  your answer false 

    multiple choice single answer 

      questiona small company which accepts high volume, low margin business % e&pands to meet itsproduction requirement will :-  correct answer become dependant on such business  your answer become dependant on such business 

    select the blank  question

     ________ skills represent the essence of industrial marketing.

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      correct answer negotiations  your answer negotiations 

    multiple choice single answer   questionthe purpose of any modern industrial firm is to :-  correct answer fulfill customers’ needs  your answer fulfill customers’ needs 

    multiple choice multiple answer   questionthe maker of industrial product can increase total sales by :-  correct answer research , developing new uses , developing new usersyour answer research , developing new uses , developing new users

    true!false  question

    branch offices are located in commercial centres.  correct answer false  your answer false 

    select the blank  questionthe effect of the economic environment is not ________ across industries.  correct answer uniform  your answer uniform 

    true!false

      questionadvertisement and public relation campaign pro"ect a positive image of the co.  correct answer true  your answer true 

    multiple choice single answer   questionthe industrial marketing research department helps the company to :-  correct answer take informed decisions regarding marketing strategies  your answer take informed decisions regarding marketing strategies 

    true!false  questiontariffs % quotas are used by the govt. to protect indigenous business from foreign competition.  correct answer true  your answer true 

    multiple choice multiple answer   questioncar manufacturers make following parts in their factories :-

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      correct answer engine , gear bo& , clutchyour answer engine , gear bo& , clutch

    multiple choice multiple answer   questionthe message of well-designed advertisement for an industrial product should generally consist of:-  correct answer a short headline , an e&planation of the headline , distinctive features ofthe productyour answer a short headline , an e&planation of the headline , distinctive features of the

    product

    multiple choice multiple answer   questionprofitability of any potential segment is measured by following criteria:-  correct answer market share , market growth , imageyour answer market share , market growth , image

    true!false  questionit is easier to negotiate the purchase of power generators for a large power station than thepurchase of pcs.  correct answer false  your answer true 

    multiple choice multiple answer   questionashok leyland is an indian company whose competitors would include :-  correct answer tata motors , volvo motors

    your answer tata motors , volvo motors , ba"a auto

    true!false  questionbill to vendor % absorbed by buyer are the two possibilities under rework.  correct answer true  your answer true 

    multiple choice multiple answer   questionthe following departments in a large engineering company would come under the responsibility of

    vp #operations$ :-  correct answer assembly plant , machine shop , machinery repair and maintenancesectionyour answer assembly plant , machine shop , machinery repair and maintenance section

    multiple choice single answer   questionindustrial markets can be segmented in two steps:-  correct answer micro and macro

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      your answer micro and macro 

    select the blank  questiona relative ________ product life span is a favourable condition for charging high price.  correct answer short  your answer short 

    match the followingquestioncorrect answer your answer 

    intensive distribution - all markets - all markets

    direct distribution - closer contact - closer contact

    manufactured parts - high profit - high cost

    volatile - price ad"ustments - price ad"ustments

     true!false

      questionan organization that is structured to serve the customer is the most optimally designedorganizational structure.  correct answer true  your answer true 

    multiple choice single answer 

      questionindustrial market research is undertaken :-  correct answer to obtain valuable inputs on variables  your answer to obtain valuable inputs on variables 

    match the followingquestioncorrect answer your answer 

    personality - individual influencer - individual influencer 

    level of demand - environmental influencer - environmental influencer 

    purchase procedures - organizational influencer - organizational influencer 

    empathy - interpersonal influencer - interpersonal influencer 

     multiple choice multiple answer 

      questionindustries involved in production of chemical % pesticides have to :-

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     multiple choice single answer 

      questionan e&ternal environment analysis is necessary to understand :-  correct answer the needs of the customers  your answer the needs of the customers 

    true!false  questiona repeat purchase decision will generally involve changes in product specifications from earliersupplies.  correct answer false  your answer false 

    multiple choice single answer   questionallocating time for prospecting activities helps in :-  correct answer servicing old accounts

      your answer servicing old accounts 

    multiple choice single answer   questionan imbalance between cost % price requires :-  correct answer managerial action  your answer managerial action 

    select the blank  questiona senior manager such as general manager #purchase$ of an industrial marketing company will

    get more involved in the purchase of ________.  correct answer high value items  your answer high value items

    list of attempted questions and answers

    multiple choice single answer   questionfunds spent on r % d to bring a new product into the market are :-  correct answer sunk costs  your answer sunk costs

     

    true!false  questionhydraulic equipments are handled by general line industries.  correct answer false  your answer false 

    select the blank

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      questionmarket conditions may result in demand for a product, which is relatively ________ to change inprice.  correct answer unresponsive  your answer responsive 

    multiple choice single answer   questionindustrial product advertising is an effective means to stimulate :-  correct answer primary demand  your answer primary demand 

    multiple choice single answer   questionvalue analysis may suggest :-  correct answer product modifications  your answer product modifications 

    select the blank  questionthe buying needs and practices of organisations differ according to whether they are innovate,product leaders or ________.  correct answer followers  your answer followers 

    select the blank  questioncompetitor, who enter late in the market, must apply part of their cash inflow to the amortization oftheir own ________ cost.

      correct answer development  your answer development 

    select the blank  questionthe ________ distributors focus on narrow range of related products.  correct answer specialised  your answer specialised 

    true!false  question

    a survey analyst is not part of the industrial marketing research team.  correct answer false  your answer false 

    multiple choice multiple answer   questiontata motors is a company involved in the manufacture of :-  correct answer passenger cars , light commercial vehicles , heavy commercial vehiclesyour answer passenger cars , light commercial vehicles , heavy commercial vehicles

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    multiple choice single answer   questionnon banking financial corporations receive negative publicity from :-  correct answer down grading by rating agencies  your answer write up in news papers 

    select the blank  questionsales personnel should study customers as ________.  correct answer individuals  your answer professionals 

    true!false  questioncar manufacturers make all the components of the car themselves.  correct answer false

      your answer false 

    multiple choice single answer   questionfor financially weak but reliable customers, supplier may be required to:-  correct answer give high discounts  your answer provide finance 

    true!false  questionservice is one of the variables of vendor rating system.

      correct answer true  your answer true 

    select the blank  questioncomposite rating is prepared by adding ________ rating.  correct answer individual  your answer individual 

    multiple choice multiple answer   question

    for successful positioning the firm should know its :-  correct answer current positioning in the market , competitors , resourcesyour answer current positioning in the market , competitors , resources

    multiple choice multiple answer   questionfor industrial marketing, type of channel members needed would depend on :-  correct answer market coverage , marketing cost , marketing controlyour answer market coverage , marketing cost , marketing control

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    multiple choice multiple answer   questioninformation sources for unstructured surveys are :-  correct answer sales personnel , dealers , customersyour answer sales personnel , dealers , customers

    multiple choice single answer   questionhow industrial advertising helps the salesperson'  correct answer it conveys the message to the network of decision makers, he cannotreach.  your answer it conveys the message to the network of decision makers, he cannot reach. 

    select the blank  questionthe best advertising should be best in creativity, simplicity and ________.

      correct answer uniqueness  your answer uniqueness 

    true!false  questionin industrial marketing buying is a collective decision making process.  correct answer true  your answer true 

    true!false  question

    market coverage means demographic areas to be covered.  correct answer true  your answer false 

    multiple choice multiple answer   questionindustries constitute an important basis for market segmentation for companies doing business in:-  correct answer computers , software , office equipmentyour answer computers , software , office equipment

    multiple choice multiple answer   questionstarting point for the negotiation process is :-  correct answer needs , plans , goalsyour answer plans , goals , needs

    select the blank  questionindustrial advertising must provide reader with information regarding ________ benefits, in simple

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    words.  correct answer intangible  your answer intangible 

    multiple choice multiple answer   questionwhen a firm introduces new product, a considerable amount is sunk into :-  correct answer research , planning , testingyour answer research , planning , testing

    multiple choice single answer   questionmarketing intelligence system is useful :-  correct answer for decision making by industrial marketing managers  your answer for decision making by industrial marketing managers 

    select the blank

      questionthe situation where the buyer requires an industrial product to a revised set of specifications froma previous supplier is called ________.  correct answer modified rebuy  your answer straight rebuy 

    multiple choice single answer   questiondata for initial screening can be obtained from:-  correct answer secondary sources  your answer secondary sources 

    match the followingquestioncorrect answer your answer 

    niche marketing - customised products - customised products

    purchasing policy - bidding - bidding

    product innovation - new products - new products

    competitive analysis - strength %weakness - strength %weakness

     

    multiple choice multiple answer   questionmedia selection is done on the basis of :-  correct answer reaching the right audience , reaching audience with right quantity ofimpact , running the complain for a considerable period of timeyour answer reaching the right audience , reaching audience with right quantity of impact ,

    running the complain for a considerable period of time

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    true!false  questionan important characteristic of the mission statement is that it indicates the direction the companywishes to take.  correct answer true  your answer true 

    multiple choice single answer   questiona situation analysis consists of :-  correct answer a combination of internal environment analysis, e&ternal environmentanalysis and competitive analysis  your answer a combination of internal environment analysis, e&ternal environment analysisand competitive analysis 

    multiple choice multiple answer 

      questionservice rating is "udged by following factors :-  correct answer promptness , speed , self interestyour answer promptness , speed , self interest

    true!false  questionsome purchase decisions also depend on buyers response to the sellers marketing stimuli.  correct answer true  your answer true 

    multiple choice single answer   questionvendor rating system measures variables e.g. :-  correct answer price  your answer price 

    multiple choice multiple answer   questionindustrial marketers have a choice of structural arrangement like :-  correct answer direct to users , indirect to users , mi&ed structureyour answer direct to users , indirect to users , mi&ed structure

    select the blank  questiondecisions concerning pricing decisions are taken on ________ occasions.  correct answer three  your answer three 

    multiple choice single answer   question

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    the purchase decision-makers in an industrial company constitute the:-  correct answer dmu  your answer dmu 

    multiple choice single answer   questionindustrial buyer tries to "ustify his purchases on the basis of :-  correct answer measurable performance  your answer stock position 

    multiple choice multiple answer   questionindustrial sales person must understand the :-  correct answer manufacturing process of the company , motivating factors of individuals, procedures of the companyyour answer manufacturing process of the company , motivating factors of individuals ,

    procedures of the company

    true!false  questionsales forecast is the estimate of a cos e&pected sales in a given time period.  correct answer true  your answer true 

    true!false  questionmost industrial suppliers make use of their own sales force in their marketing system.  correct answer false  your answer true

     

    multiple choice multiple answer   questiona high price strategy is favoured under following conditions :-  correct answer product represent genuine information , presence of elite market ,inelastic demand situationyour answer product represent genuine information , presence of elite market , inelastic

    demand situation

    multiple choice multiple answer   question

    growth of an automobile manufacturing firm can come from :-  correct answer increase in domestic sales , increase in e&port sales , decrease inmanufacturing costsyour answer increase in domestic sales , increase in e&port sales , decrease in manufacturing

    costs

    list of attempted questions and answers ind- marktng

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     multiple choice single answer   question the middleman, who customize a product % handle specific situation are called :-  correct answer value added resellers  your answer value added resellers 

    select the blank  question ibm, microsoft and google are "ust three mncs that have ________.  correct answer set up software development centers in india  your answer set up software development centers in india 

    multiple choice multiple answer   question analysis of the strengths and weakness of competitors is done in the areas of :-  correct answer manufacturing , finance , technical serviceyour answer manufacturing , finance , technical service

    multiple choice single answer   question the purpose of any modern industrial firm is to :-

      correct answer fulfill customers’ needs  your answer fulfill customers’ needs 

    multiple choice multiple answer   question technical service means details about :-  correct answer ingredient material , how product works , type of make of key equipmentsin the productyour answer ingredient material , how product works , type of make of key equipments in the

    product

    true!false

      question buyers, who are risk averse are good prospects for new product and concepts.  correct answer false  your answer true 

    multiple choice single answer   question for financially weak but reliable customers, supplier may be required to:-  correct answer give high discounts  your answer insist on cash on delivery 

    multiple choice multiple answer   question ashok leyland is an indian company whose competitors would include :-

      correct answer tata motors , volvo motorsyour answer tata motors , volvo motors

    multiple choice multiple answer   question questions asked in unstructured surveys bring about :-  correct answer motives , priorities , problemsyour answer motives , priorities , problems

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     true!false  question delivery rating factor is prepared based on adherence to delivery schedule.  correct answer true  your answer true 

    multiple choice single answer   question the industrial marketing research department helps the company to :-  correct answer take informed decisions regarding marketing strategies  your answer take informed decisions regarding marketing strategies 

    match the followingquestion correct answer your answer  

    to e&pand product range to cover all types of computer peripherals plan mission

    to become the no. supplier in computer peripherals mission goal

    to achieve a sales turnover of rs. ( cr. by /-0 ob"ective milestone

    to reduce employee turnover from *) to () in yr goal plan

     

    multiple choice single answer   question non banking financial corporations receive negative publicity from :-  correct answer down grading by rating agencies  your answer down grading by rating agencies 

    multiple choice multiple answer   question in a tender a vendor has to supply data on :-

      correct answer sales to net worth , working capital , turnover ratioyour answer sales to net worth , turnover ratio , profit to loss ratio

    multiple choice multiple answer   question supply by an industrial firm to an oem will:  correct answer enhance its reputation , help in obtaining regular orders , help inspreading awareness among other possible buyersyour answer enhance its reputation , help in obtaining regular orders , help in spreading

    awareness among other possible buyers

    multiple choice single answer 

      question financial capability refers to :-  correct answer cash flow position  your answer cash flow position 

    select the blank  question the buying needs and practices of organisations differ according to wether theyare innovate, product leaders or ________.  correct answer followers  your answer nichers

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    multiple choice single answer   question in an organisation, purchase division is made by:-  correct answer people  your answer management 

    select the blank  question the effect of the economic environment is not ________ across industries.  correct answer uniform  your answer even 

    select the blank  question direct marketing is e&pensive when probable volume of sales in a market area is

     ________.  correct answer small  your answer small 

    multiple choice single answer   question general public will work towards a cause if it is :-  correct answer motivated  your answer motivated 

    multiple choice single answer   question a situation analysis consists of :-  correct answer a combination of internal environment analysis, e&ternal environmentanalysis and competitive analysis  your answer a combination of internal environment analysis, e&ternal environment analysisand competitive analysis

     

    multiple choice single answer   question institutional investors are concerned with organisations :-  correct answer operational efficiency  your answer operational efficiency 

    select the blank  question ________ of supply is one of the important aspects buyers look for.  correct answer continuity  your answer time 

    select the blank  question the fundamental aspect of industrial marketing is that it addresses the needs andwants of ________.  correct answer business organizations  your answer groups of consumers 

    true!false  question advertisement and public relation campaign pro"ect a positive image of the co.

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      correct answer true  your answer true 

    true!false  question market coverage means demographic areas to be covered.  correct answer true  your answer false 

    match the followingquestion correct answer your answer  

    advertising effectiveness evaluation of performance evaluation of performance

    web design domain name domain name

    choice of media reaching the right audience reaching the right audience

    basis of budgeting support percentage of past sales percentage of past sales

     

    multiple choice single answer   question making an assessment of the competitors’ strengths and weakness is called :-  correct answer competitive position analysis  your answer competitive position analysis 

    select the blank  question business should act in a ________ manner to keep govt. out of businessenvironment.  correct answer united

      your answer creative 

    true!false  question service is one of the variables of vendor rating system.  correct answer true  your answer true 

    true!false  question materials that go into the production of food ! drug end product have very narrowquality tolerance.  correct answer true

      your answer false 

    multiple choice multiple answer   question according to you, marketing of industrial services and marketing of industrialproducts :-  correct answer are similar from the seller’s point of view , require similar resources ,require different types of resourcesyour answer require different types of resources , are different.

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      question a company has to revise its pricing strategy when :-  correct answer competitor changes his price , new rival enters the market , it isadvantageous for the company to change priceyour answer competitor changes his price , new rival enters the market

    select the blank  question e&ploratory research involves the gathering of ________ data from secondarysources.  correct answer preliminary  your answer critical 

    multiple choice multiple answer   question services of trained e&perts is required for :-  correct answer special accounting machines , statistical analysis equipment , electronicrecording equipmentyour answer special accounting machines , electronic recording equipment , supply of iron ore

    true!false  question in order to en"oy cost advantage relative to the innovative firm, competitor mustreach a break-through in product design.  correct answer true  your answer true 

    true!false  question the ob"ective of the high price strategy is only to recover firms investmentspeedily.  correct answer false  your answer true 

    multiple choice multiple answer   question industrial markets can be positioned on product merits e.g.:-  correct answer quality conscious , reliability , dependabilityyour answer quality conscious , dependability , affordability

    list of attempted questions and answers

    multiple choice multiple answer   question information sources for unstructured surveys are :-

      correct answer sales personnel , dealers , customersyour answer public at large , dealers , customers

    multiple choice single answer   question market segmentation is the process of dividing a large market into :-  correct answer sub-markets  your answer sub-markets 

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     multiple choice single answer   question the unit price of a capital equipment item is usually:  correct answer high  your answer high 

    multiple choice multiple answer   question the legal framework is related to e&isting :-  correct answer business laws , civil rights , labour lawsyour answer business laws , civil rights , labour laws

    true!false  question a repeat purchase decision will generally involve changes in productspecifications from earlier supplies.  correct answer false  your answer false 

    true!false

      question advertisement agencies provide much needed e&perience in advertising.  correct answer true  your answer true 

    true!false  question it is easier to negotiate the purchase of power generators for a large powerstation than the purchase of pcs.  correct answer false  your answer false 

    true!false

      question a small reduction in price of original material can lead to a large reduction in theprice of end product.  correct answer false  your answer false 

    multiple choice single answer   question the purchase order placement of a furnace for a large steel plant can take:-  correct answer a few months  your answer a few months 

    select the blank

      question sluggishness of price response lies in the nature of ________ demand.  correct answer derived  your answer derived 

    multiple choice single answer   question one e&ample of operating supplies is:  correct answer paints and varnishes  your answer generators 

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     multiple choice single answer 

      question chain of distribution from the supplier to customer are known as :-  correct answer intermediaries  your answer intermediaries 

    match the followingquestion correct answer your answer  

     "oint venture control over operation agreement

    direct e&porting higher risk higher risk

    foreign production direct investment intermediaries

    comparative analysis similarities similarities

     

    match the followingquestion correct answer your answer  

    indirect cost interest wages

    product life cycle different phasesdifferent phases

    price leadershipinitiate price change pricing decision

    direct cost wages initiate price change

     

    multiple choice multiple answer   question industries constitute an important basis for market segmentation for companiesdoing business in :-  correct answer computers , software , office equipmentyour answer computers , software , office equipment

    multiple choice multiple answer   question according to you, marketing of industrial services and marketing of industrialproducts :-  correct answer are similar from the seller’s point of view , require similar resources ,require different types of resourcesyour answer are similar from the seller’s point of view , require similar resources , require

    different types of resources

    multiple choice single answer   question the first step in managing the industrial product marketing system is :-  correct answer identifying the needs of customers  your answer identifying the needs of customers 

    multiple choice single answer 

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      question many overseas companies are attracted to india for setting up manufacturingoperations for industrial products on account of :-  correct answer cost competitiveness  your answer high labor cost 

    multiple choice single answer   question an alternative term used for industrial marketing is :-  correct answer bb marketing  your answer bc marketing 

    multiple choice multiple answer   question negotiations between buyer and seller will be involved and of long duration forthe following items:-  correct answer air-conditioning plant for an airport terminal , telecom equipment for largemnc , diesel locomotives for public sector companyyour answer air-conditioning plant for an airport terminal , telecom equipment for large mnc ,

    diesel locomotives for public sector company

    multiple choice single answer   question an e&ternal environment analysis is necessary to understand :-  correct answer the needs of the customers  your answer the capabilities of competitors 

    multiple choice single answer   question periodic analysis of an industrial buyer’s operations and purchase systems isnecessary to :-  correct answer understand the changes in buy practices  your answer understand the changes in buy practices 

    multiple choice single answer   question the industrial marketing research department helps the company to :-  correct answer take informed decisions regarding marketing strategies  your answer take informed decisions regarding marketing strategies 

    multiple choice multiple answer   question a high price strategy is favoured under following conditions :-  correct answer product represent genuine information , presence of elite market ,inelastic demand situationyour answer product represent genuine information , presence of elite market , inelastic

    demand situation

    multiple choice multiple answer   question by reducing price, industrial marketers can :-  correct answer increase his share of the market , enlarge the total market , not make ama"or change in the end product priceyour answer increase his share of the market , enlarge the total market , not make a ma"or

    change in the end product price

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     multiple choice single answer   question the middleman, who customize a product % handle specific situation are called :-  correct answer value added resellers  your answer value added resellers 

    multiple choice multiple answer   question the supplier’s marketing person needs to identify the following role players in thebuying organization:-  correct answer senior purchase officer , actual users , deciding officersyour answer senior purchase officer , actual users , deciding officers

    select the blank  question the buying needs and practices of organisations differ according to wether theyare innovate, product leaders or ________.  correct answer followers  your answer followers 

    true!false  question cash flow produced by marketing a "oint product must be equal in value to itsseparable cost.  correct answer true  your answer true 

    true!false  question branch offices are located in commercial centres.  correct answer false  your answer false 

    select the blank  question industrial advertising must provide reader with information regarding ________benefits, in simple words.  correct answer intangible  your answer tangible 

    select the blank  question computer systems help in the ________ of the findings of the research pro"ect.  correct answer presentation  your answer presentation 

    multiple choice single answer   question rapport building requires special skills e.g. :-  correct answer human relations  your answer communication skills 

    select the blank  question ________ are an important link in indirect to user channel strategy.  correct answer agents  your answer agents

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    multiple choice single answer   question the approach to selling by the sales force should be :-  correct answer professional  your answer professional 

    multiple choice multiple answer   question for successful positioning the firm should know its :-  correct answer current positioning in the market , competitors , resourcesyour answer current positioning in the market , competitors , financial position

    select the blank  question when a firm sells through a limited number of outlets, it is known as ________distribution.  correct answer selective  your answer selective 

    select the blank  question marketing research is used for making ________ pro"ections.  correct answer sales  your answer sales 

    multiple choice multiple answer   question to push the companys products, advertising literature should point outadvantages to the middlemen, such as :-  correct answer wide margins , large sales potential , rapid turnoveryour answer wide margins , large sales potential , off-the-shelf inventory

    multiple choice multiple answer   question industrial marketers have a choice of structural arrangement like :-  correct answer direct to users , indirect to users , mi&ed structureyour answer direct to users , indirect to users , mi&ed structure

    true!false  question buyers are always cold, rational % dispassionate.  correct answer false  your answer false 

    multiple choice single answer   question how fast a firm can recover its cash outlay depends on its :-  correct answer financial strength  your answer sales force 

    multiple choice single answer   question a small lathe is a type of :-  correct answer accessory equipment  your answer ma"or equipment

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    select the blank  question the sales of standard industrial products are generally carried out through

     ________.  correct answer direct channel and middlemen  your answer direct channel and middlemen 

    select the blank  question indigenous vehicle manufacturers face ________ from foreign manufacturerssetting up facilities in india.  correct answer a threat  your answer a threat 

    true!false  question a ma"or change in the price of an industrial component causes a significantchange in the end product price.  correct answer false

      your answer true 

    multiple choice single answer   question industrial market research is very important :-  correct answer from strategic and implementation point of view  your answer from strategic and implementation point of view

     

    list of attempted questions and answers

    true!false

      question an organization that is structured to serve the customer is the most optimallydesigned organizational structure.  correct answer true  your answer true 

    multiple choice multiple answer   question profitability of any potential segment is measured by following criteria:-  correct answer market share , market growth , imageyour answer market growth , image , market share

    multiple choice single answer 

      question a broad and definitive statement that covers an organization’s purpose, valuesand distinctive competencies is called :-  correct answer mission  your answer mission 

    match the followingquestion correct answer your answer  

    mission statement corporate culture corporate culture

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    target market right product right product

    cost reduction program price ad"ustment price ad"ustment

    promotion mi& trade shows trade shows

     

    true!false  question public interest groups limit the freedom of suppliers % buyers.  correct answer true  your answer true 

    multiple choice single answer   question an alternative term used for industrial marketing is :-  correct answer bb marketing  your answer bb marketing 

    multiple choice multiple answer   question services of trained e&perts is required for :-  correct answer special accounting machines , statistical analysis equipment , electronicrecording equipmentyour