Tag: concept of market and marketer

Questions Related to concept of market and marketer

Substantiality refers to.

  1. The size of segmentated market

  2. The effective direction of marketing effort towards segments

  3. Measure the changing behaviour pattern of consumers

  4. Individuality of their own


Correct Option: A

Market segmentation is a.

  1. Producer oriented philosophy

  2. Profit oriented philosophy

  3. Customer oriented philosophy

  4. Sales oriented philosophy


Correct Option: C

Dividing the total market into different parts on the basis of population is?

  1. Geographic segmentation

  2. Demographic segmentation

  3. Socio-economic segmentation

  4. Product segmentation


Correct Option: B

Dividing the total market into different parts as the basis of Income groups is?

  1. Socio-economic segmentation

  2. Geographical segmentation

  3. Product segmentation

  4. Benefit segmentation


Correct Option: A

Market segmentation divides the market into submarkets, having.

  1. Homogeneous features

  2. Hetrogeneous features

  3. Either (A) or (B)

  4. None of these


Correct Option: A

Marketing segmentation is?

  1. Similar to product mix

  2. Similar to market mix

  3. The same as product differentiation

  4. Aimed at directing the market by the product


Correct Option: D

Undifferentiated Marketing is called as.

  1. Partial market concept

  2. Total market concept

  3. Aggregation technique

  4. Either (B) or (C)


Correct Option: D