Commerce Accountancy · General Awareness
Marketing Concepts and Strategies
2,245 Questions
Marketing concepts and strategies form the core of understanding consumer behavior, brand management, and product distribution. This hub covers essential topics like green marketing, packaging, pricing, and market structures. These questions are highly relevant for IBPS, SBI, and other banking examination preparation.
Brand extension strategiesPricing strategiesGreen marketing conceptsProduct packaging functionsCustomer satisfaction methods
Marketing Concepts and Strategies Questions
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Assortment Management
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Sales Price Calculation
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Promotion Management
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Loyalty Management
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Allocation
D
Correct answer
Explanation
Loyalty Management is typically part of SAP CRM, not SAP IS Retail. The other options (Assortment, Sales Price Calculation, Promotion Management, Allocation) are core IS Retail processes for retail operations.
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Sales Org + Distribution channel
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Sales org + Distribution Center
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Sales org + Distribution Chain
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Sales org + Division
A
Correct answer
Explanation
In SAP, a Sales Area is defined as the combination of Sales Organization + Distribution Channel (+ Division as the third component, though Org + Channel is the core definition used in most contexts).
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C,D,E only
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A,B,c only
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A,B,C,E only.
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All of the above:
C
Correct answer
Explanation
Subsequent activities to trigger a promotion in SAP IS Retail include activating prices (A), generating/editing the promotion allocation table (B), announcing the promotion (C), and determining sources of supply (E). Planning (D) is an initial step, not a subsequent trigger activity.
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a) A and B only
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b) A , B , C, D Only
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c) A, B , E only
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d) All of the above.
C
Correct answer
Explanation
SAP IS Retail includes several pricing strategies. Competitor pricing enables price matching, Markdown pricing handles seasonal discounts, and Market basket pricing optimizes product combinations. Customer pricing and Vendor pricing are not standard pricing strategy categories in SAP Retail - pricing is generally customer or vendor-specific but not named strategies.
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a) Assortment Management
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b) Sales Price Calculation
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c) Promotion Management
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d) Loyalty Management
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e) Allocation
D
Correct answer
Explanation
Assortment, Sales Price Calculation, Promotion Management, and Allocation are core processes in SAP IS Retail. Loyalty Management is typically handled by CRM systems or external modules rather than being a core IS Retail process.
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A) Sales Org + Distribution channel
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B) Sales org + Distribution Center
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c) Sales org + Distribution Chain
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d) Sales org + Division
A
Correct answer
Explanation
In SAP, a Sales Area is defined as the combination of Sales Organization (responsible for sales terms), Distribution Channel (wholesale/retail), and Division (product lines). Option A correctly identifies two components but the complete definition includes all three. However, among the given options, A is the best partial answer as Sales Org + Distribution Channel is the minimum requirement.
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a) C,D,E only
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b) A,B,c only
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c) A,B,C,E only.
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d) All of the above:
C
Correct answer
Explanation
Retail promotion execution follows a sequence: planning the promotion, announcing it to stakeholders, activating pricing in the system, generating/editing the allocation table to determine product distribution, and determining supply sources. This systematic approach ensures promotions are properly configured and executable.
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Select Screens>Opportunities, then select Products from the View bar.
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Select Opportunities from the Tab bar.
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Select Screens>Products
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Select Products from the Tab bar.
A
Correct answer
Explanation
In Siebel CRM, adding products to an opportunity requires navigating through the specific screen path: Screens > Opportunities, then using the View bar to select the Products view. This is the correct navigation sequence. Option B only goes to the Opportunities tab without accessing the Products view, options C and D navigate to wrong locations entirely.
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My View
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My Team’s View
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All Organization
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All Across Organization
B
Correct answer
Explanation
In CRM and sales tracking systems, 'My Team's View' is designed specifically for managers to monitor and analyze opportunities, leads, and activities owned by their direct reports, whereas 'My View' only displays the manager's personal records.
B
Correct answer
Explanation
The statement is incorrect. Both 'product' and 'application' can be used internally within a company or globally. The terms don't have strict boundaries correlating to company-only vs. worldwide use.
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Incoterms
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Date on which shipping processing should begin
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Shipping point
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Partner function
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Route
A,B,C,D,E
Correct answer
Explanation
For successful order combination in SAP SD outbound deliveries, items must share key characteristics: Incoterms define delivery terms and responsibilities, shipping dates ensure synchronized processing, shipping points determine logistical compatibility, partner functions maintain consistent business relationships, and routes specify transportation paths. All five criteria must align for the system to combine items from different sales orders into one delivery.
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Client
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Shipping point
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Sales organization
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Division
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Distribution channel
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Service
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Marketing
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Development
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Sales
A,B,D
Correct answer
Explanation
CRM systems primarily cover three main business areas: Service (customer support), Marketing (campaigns and lead generation), and Sales (deals and pipeline). Development is not a CRM core function.
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Beheer Invordignen
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Betalingswijze
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Agenda
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Kredieten Aquisiten
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None of the above
D
Correct answer
Explanation
Kredieten Aquisiten is the credit acquisition module in Activa banking system that handles the creation and management of all customer credit products. The name literally translates to 'Credits Acquisition' in Dutch, making it the obvious choice for product creation functionality.
A
Correct answer
Explanation
NUI is identified as the critical feed for the Marketing team in this CVM system. The other feeds (CMT, ADDRSUPP, PWSS) serve different teams or functional areas - CMT likely for campaign management, ADDRSUPP for address updates, PWSS for another operational area.