Marketing MCQ Set 1

Marketing MCQ Set 1

Marketing MCQ Set 1
    Following are the Multiple choice Questions (MCQ) based on Marketing
    You can transfer into your own language with the translate button which is available to right side of this post 👉
 
For study notes on this Marketing topic, link is available at last this article.👇
MCQ Quiz on Marketing SET 1 is available after the end of all mcqs 👇 
 

1) The word ‘marketing’ is derived from the original_____ word Market

  1. German
  2. Latin
  3. Marathi
  4. Hindi
 

2) German word ‘market’ has come into existence from the_____ word ‘Mercatus’.

  1. German
  2. Latin
  3. Marathi
  4. Hindi
 
3) German word ‘market’ has come into existence from the Latin word______.
  1. Market
  2. Marketing
  3. Mercatus
  4. Marketing management
 
4) German word ‘market’ has come into existence from the French word_____
  1. Markeit
  2. Market
  3. Markting
  4. Mercatus
 
5) German word ‘market’ has come into existence from the_____ word Markeit.
  1. French
  2. German
  3. Latin
  4. Marathi
 

For study notes on this Marketing topic, link is available at last this article.👇

MCQ Quiz on Marketing SET 1 is available after the end of all mcqs 👇 
 
6) German word ‘market’ has come into existence from the Italian word______.
  1. Merecato
  2. Markeit
  3. Market
  4. Markting
 
7) German word ‘market’ has come into existence from the____word Merecato.
  1. Italian
  2. French
  3. German
  4. Latin
 
8) The definition “Marketing is the human action towards meeting needs and requirements through the process of exchange. is given by
  1. Philip Kotler
  2. Paul Mazur
  3. Toussaint, Clark and Clark
  4. Candy and steel
 
9) The definition “Marketing is about providing quality of life to the society.” is given by
  1. Philip Kotler
  2. Paul Mazur
  3. Toussaint, Clark and Clark
  4. Candy and steel
 
10) The definition “Marketing involves the effort to facilitate the transfer of ownership of goods and services and to arrange for their physical distribution.” is given by
  1. Philip Kotler
  2. Paul Mazur
  3. Toussaint, Clark and Clark
  4. Candy and steel
 

For study notes on this Marketing topic, link is available at last this article.👇

MCQ Quiz on Marketing SET 1 is available after the end of all mcqs 👇 
 
11) The definition  “Marketing is a business process that coordinates the production of goods and markets and changes the ownership of goods.” is given by
  1. Philip Kotler
  2. Paul Mazur
  3. Toussaint, Clark and Clark
  4. Candy and Steel 
 
12) The definition “Marketing is the financial process of determining the value of goods and services in exchange for money.” is given by
  1. Dudradi and Retzan
  2. American Marketing Association
  3. H. F. Hansen
  4. Candif, Steele, and Govoni
 
13) The Definition “Marketing is the business that drives the journey of goods and services from producers to consumers.” is given by
  1. Dudradi and Retzan
  2. American Marketing Association 
  3. H. F. Hansen
  4. Candif, Steele, and Govoni
 
14) The definition “Finding the needs and requirements of the customers and converting them into specialized goods and services. The process of creating a demand for these goods and services and then expanding that demand is called marketing. ” is given by
  1. Dudradi and Retzan
  2. American Marketing Association 
  3. H. F. Hansen 
  4. Candif, Steele, and Govoni
 
15) The Definition  “Marketing is a managerial process through which the product and the market are coordinated and the consumer is able to use the product or get satisfaction.” is given by
  1. Dudradi and Retzan
  2. American Marketing Association 
  3. H. F. Hansen 
  4. Candif, Steele, and Govoni 
 

For study notes on this Marketing topic, link is available at last this article.👇

MCQ Quiz on Marketing SET 1 is available after the end of all mcqs 👇 
 
16) The definition “The circle of exchange process done by individuals and organizations to meet human needs is called marketing. This is a basic human action. ” is given by
  1. B. M. Anise
  2. N. C. Nair
  3. Philip Kotler & R. S. Alexander
  4. Peter Drucker
 
17) The definition “Creating a way of life and providing it to the society is marketing.” is given by
  1. B. M. Anise
  2. N. C. Nair 
  3. Philip Kotler & R. S. Alexander
  4. Peter Drucker
 
18) The definition  “Marketing is the commercial activity used to maintain the flow of goods and services from production to consumption.” is given by
  1. B. M. Anise
  2. N. C. Nair 
  3. Philip Kotler & R. S. Alexander 
  4. Peter Drucker
 
19) The definition “Marketing is a process that changes the economic value of tools and specific knowledge in a market place.” is given by
  1. B. M. Anise
  2. N. C. Nair 
  3. Philip Kotler & R. S. Alexander 
  4. Peter Drucker 
 
20) The Definition “Marketing is not a specific activity, it is a system that involves various business activities that affect each other. The purpose of this system is to plan, pricing, increase trade, and distribute goods and services in order to meet the needs of current and potential customers. ” is given by
  1. B. M. Anise
  2. N. C. Nair 
  3. Philip Kotler & R. S. Alexander 
  4. William Stantno 
 

For study notes on this Marketing topic, link is available at last this article.👇

MCQ Quiz on Marketing SET 1 is available after the end of all mcqs 👇
 
21) The Definition “Marketing is a process that follows the customer’s demand. There is a demand for goods and services in the market. Based on that, marketing is a way to make a profit for yourself and meet the needs of the consumer. ” is given by
  1. N. C. Nair 
  2. Philip Kotler & R. S. Alexander 
  3. William Stantno
  4. None of the above
 
22)The _____ concept was born out of the marketing process so that the product produced should have a proper appearance, location, duration and price determination.
  1. Traditional marketing 
  2. Modern Marketing
  3. Both
  4. None of the above
 
23) The modern concept is also called the___ concept.
  1. New
  2. Old
  3. Renew
  4. None of the above
 
24) The purpose of this concept was to generate maximum number of customers from minimum number of customers.
  1. Traditional marketing 
  2. Modern Marketing
  3. Both
  4. None of the above
 
25) Marketing is a capital raising process, it is
  1. True 
  2. False
  3. Both
  4. None of the above
 

For study notes on this Marketing topic, link is available at last this article.👇

MCQ Quiz on Marketing SET 1 is available after the end of all mcqs 👇 
 
26) Markets are classified according to_____ into local, regional, regional, national markets,
  1. location 
  2. geographically
  3. Both 
  4. None of the above
 
27) Markets in which goods and services are traded within the country are called 
  1. Domestic markets
  2. Foreign Market
  3. Capital Market 
  4. Outer Market
 
28) Buyers and sellers are spread across many nations, from one nation to another, all over the country, those markets are called-
  1. Domestic markets
  2. Foreign Market
  3. Capital Market 
  4. National Market 
 
29) Markets in which buyers and sellers from two or more countries come together and complete the transaction and achieve the trade objective are called 
  1. Global markets
  2. Overseas markets
  3. Foreign Market
  4. All above
 
30) GATS-
  1. General Agreement on Trade in Services
  2. Gross Agreement on Trade in Services
  3. General Arrengment on Trade in Services
  4. General Agreement on Trade in Society
 

For study notes on this Marketing topic, link is available at last this article.👇

MCQ Quiz on Marketing SET 1 is available after the end of all mcqs 👇 
 
31) A____ market is a place in which a single item is sold in bulk or in bulk without buying a single item.
  1. Wholesale 
  2. Retail
  3. Short Market
  4. Long Market
 
32) A market in which sellers sell less goods and services to customers / buyers is called a 
  1. Retail market
  2. Wholesale  market
  3. Both
  4. None of the above
 
33) Some markets that are open for a day or a week are called 
  1. Long-term markets
  2. Short-term markets
  3. Medium-term markets
  4. None of the above
 
34) Markets that are fixed in one place for certain weeks or months, called 
  1. Long-term markets
  2. Short-term markets
  3. Medium-term markets
  4. None of the above
 
35) A___ market is a market in which the primary income or commodity is traded
  1. Basic commodity
  2. None basic commodity
  3. Secondary commodity
  4. Secondary basic commodity
 

For study notes on this Marketing topic, link is available at last this article.👇

MCQ Quiz on Marketing SET 1 is available after the end of all mcqs 👇 
 
36) In this market, the consumer is the end consumer of the product, that market is called___ goods market.
  1. Seller
  2. buyer
  3. consumer
  4. None of the above
 
37) An industrial market is a 
  1. Commercial market
  2. None commercial market
  3. None industrial market
  4. All
 
38) Markets in which buy-sell currencies are traded globally. They are called 
  1. Foreign Currency markets.
  2. International currency markets
  3. Both
  4. None of the above
 
39) A____ market is a place where bonds and shares are traded.
  1. Share
  2. Capital
  3. Goods
  4. All
 
40) A market in which there is no shortage of goods and services or all the goods and services are available in that market is called a 
  1. Complete market 
  2. Incomplete market
  3. Both
  4. None of the above 
 

MCQ Quiz on Marketing SET 1 is available below  👇

Fill the details and click on Next button 👇
 

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