MCQ Bank
What does the “positioning” process aim to do?
- A) Create a unique image in consumers’ minds
- B) Launch a new product
- C) Determine pricing
- D) Build distribution channels
During the growth stage of a product lifecycle, what strategy would a marketer likely adopt?
- A) Reduce marketing to save cost
- B) Discontinue the product
- C) Offer frequent discounts
- D) Increase market share through differentiation
A brand like Tesla promotes itself as eco-innovative. This is an example of:
- A) Product skimming
- B) Bundle promotion
- C) Brand positioning
- D) Competitive pricing
Which of the following is a challenge in Pakistan’s securities market?
- A) High rural participation
- B) Too many foreign investors
- C) Economic volatility
- D) Lack of listed companies
A textile firm lists shares on PSX (Pakistan Stock Exchange) for the first time. This is happening in the:
- A) Open-source platform
- B) Primary market
- C) Real estate market
- D) Secondary market
Why do companies use digital accounting software?
- A) For payroll management only
- B) For tax evasion
- C) For compliance and planning
- D) For website design
A halal investment avoids companies involved in alcohol and gambling. This aligns with:
- A) Western financial ethics
- B) ESG investing
- C) Venture capital principles
- D) Islamic finance principles
The marketing strategy that addresses societal issues along with profit is called:
- A) Environmental marketing
- B) Public relations
- C) Ethical marketing
- D) Societal marketing
A company needs cash to buy Eid stock and pays back in 30 days. What should it use?
- A) Mudarabah loan
- B) Trade credit
- C) Equity share
- D) Long-term bond
How does market segmentation help marketers?
- A) In minimizing innovation
- B) In customizing offerings for different groups
- C) In reducing employee turnover
- D) In standardizing global campaigns
Which of the following is an example of a direct distribution channel?
- A) E-commerce website
- B) Distributor
- C) Wholesaler
- D) Supermarket
A fitness app targets senior citizens with low-impact workouts. This is an example of:
- A) Behavioral segmentation
- B) Geographic segmentation
- C) Niche positioning
- D) Undifferentiated marketing
Which pricing model adjusts prices in real-time based on demand?
- A) Skimming
- B) Bundle pricing
- C) Dynamic pricing
- D) Psychological pricing
How does price skimming work?
- A) Low prices are set initially
- B) Prices are never changed
- C) Prices increase over time
- D) High price is set first, then gradually lowered
What role does post-purchase behavior play in marketing?
- A) It determines production volume
- B) It affects product design
- C) It replaces the need for promotion
- D) It influences future loyalty and word-of-mouth
A business uses retained profit to buy new delivery vans. This is:
- A) Internal financing
- B) External grant
- C) Government loan
- D) Debt financing
What is a key difference between the selling concept and the marketing concept?
- A) Marketing concept focuses on customer satisfaction
- B) Selling concept focuses on production efficiency
- C) Selling concept is customer-driven
- D) Marketing concept reduces costs
What does SECP stand for in Pakistan?
- A) South East Credit Partners
- B) Stock Exchange and Capital Planning
- C) Securities and Exchange Commission of Pakistan
- D) Securities Exchange Credit Portfolio
Why is “People” important in the 7Ps of marketing?
- A) It includes factory workers
- B) It refers to product designers
- C) It impacts service quality
- D) It ensures automation
What is the primary objective of promotion in the marketing mix?
- A) To reduce manufacturing cost
- B) To inform and persuade consumers
- C) To manage logistics
- D) To develop R&D