Marketing in a broader aspect can be defined as a transaction of exchange. Marketing primarily consists of activities designed to generate and facilitate exchanges intended to satisfy human organizational needs or wants. Marketing is broadly defined as advertising of a product or service to different market segments. The article Marketing Aptitude Quiz 71 provides Important Marketing Aptitude multiple choice questions with answers useful to the candidates preparing for Bank exams like IBPS PO, MT Exam, Dena Bank PO, Bank PO, Clerk, SBI, RBI etc.
1. Providing offer to refund a part of the purchase price of any product to consumer is known as
A. Coupon
B. Price pack
C. Rebate/cash refund offer
D. Premium
E. Patronage reward
2. Evaluation, length of promotion, size of incentive, deciding how to promote and distribute the promotion program itself is the part of _______________
A. Tools
B. Objectives
C. Developing sales promotion program
D. Rapid growth of sales promotion
E. None of these
3. A small amount of product is offered to the customer for trial is called
A. Product combination
B. Sample
C. Coupon
D. Rebate
E. None of these
4. The change of customer behavior as result of promotion is measured by
A. Narrow casting
B. Customer audit
C. Volume allowance
D. Media planning
E. None of these
5. A certificate that gives buyer a kind of saving when they purchase any specified item is called
A. Coupon
B. Price pack
C. Rebate/cash refund offer
D. Premium
E. Patronage reward
Answers 1. Answer - Option C
2. Answer - Option C
3. Answer - Option B
4. Answer - Option B
5. Answer - Option A