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Question : Case Study:

ABC Electronics aims to overcome objections to advertising by including detailed specifications and performance data in its advertisements. What objection is being addressed through this approach?

 

Option 1: Lack of Credibility

Option 2: Overexposure

Option 3: Lack of Creativity

Option 4: Exaggeration and Deception

Team Careers360 8th Jan, 2024

Correct Answer: Lack of Credibility


Solution : The correct answer is (a) Lack of Credibility.

By providing specific and factual information about their products, including detailed specifications and performance data, ABC Electronics aims to enhance the credibility of their advertisements. This approach ensures that consumers have accurate and transparent information

23 Views

Question : Case Study:

A company believes that customers will only buy products that are aggressively promoted and marketed. They focus on creating demand through effective advertising and selling efforts. This philosophy reflects the:

 

Option 1: Production Concept

Option 2: Marketing Concept

Option 3: Selling Concept

Option 4: Product Concept

Team Careers360 22nd Jan, 2024

Correct Answer: Selling Concept


Solution : The correct answer is (c) Selling Concept.

The Selling Concept is a marketing philosophy that centers on aggressive sales and promotional efforts to convince customers to purchase a company's products or services. The belief behind this concept is that customers won't buy enough unless

14 Views

Question : Statement 1: Promotion includes advertising, personal selling, and sales promotion.

Statement 2: Promotion does not influence consumer awareness and purchase decisions.

 

Option 1: Both statements are correct.

Option 2: Statement 1 is correct, and statement 2 is false.

Option 3: Both statements are incorrect.

Option 4: Statement 2 is correct, and statement 1 is false.

Team Careers360 11th Jan, 2024

Correct Answer: Statement 1 is correct, and statement 2 is false.


Solution : The correct answer is (b) Statement 1 is correct, and statement 2 is false.

Statement 1 is correct. Promotion in marketing indeed encompasses various activities such as advertising, personal selling, and sales promotion, among others, aimed at

13 Views

Question : Case Study:

A company believes that customers will only buy products that are aggressively promoted and marketed. They focus on creating demand through effective advertising and selling efforts. This philosophy reflects the:

 

Option 1: Production Concept

Option 2: Marketing Concept

Option 3: Selling Concept

Option 4: Product Concept

Team Careers360 23rd Jan, 2024

Correct Answer: Selling Concept


Solution : The correct answer is (c) Selling Concept.

The Selling Concept is a marketing philosophy that centers on aggressive sales and promotional efforts to convince customers to purchase a company's products or services. The belief behind this concept is that customers won't buy enough unless

16 Views

Question : Which of the following is an example of a marketing channel?

 

Option 1: Product design

Option 2: Pricing strategy

Option 3: Advertising campaign

Option 4: Distribution network

Team Careers360 19th Jan, 2024

Correct Answer: Distribution network


Solution : The correct answer is (d) Distribution network.

A marketing channel refers to the path or route through which products or services move from the producer to the end consumer. It involves the various intermediaries, entities, and activities involved in the distribution and delivery of

15 Views

Question : Which of the following statement is correct for marketing

Option 1: Advertising, Sales Promotion, Publicity and Public Relational activities

Option 2: A new product needs ideas, Developments,concepts and improvements.

Option 3: Sales Planning, Strategy and Implementation

Option 4: A philosophy that stresses customer value and satisfaction.

 

Team Careers360 6th Jan, 2024

Correct Answer: A philosophy that stresses customer value and satisfaction.

 


Solution : A philosophy that stresses customer value and satisfaction.
Marketing is a philosophy that stress customer value and satisfaction. Even functions of marketing includes gathering and analysing market information and public interests.

Hence, option D is correct.

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