Business Studies Class 12 MCQs | Chapter 11 Marketing

[Business Studies MCQs, Marketing, Marketing Management, AHSEC, CBSE, Class 12, Objective Questions and Answers]

Business Studies Class 12 MCQs
Chapter 11: Marketing
Multiple Choice Questions and Answers

Objective Questions (1 Mark):

1. Define market in Traditional marketing sense?

Ans: Traditionally market was defined as a place where buyers and sellers meet each other and conduct buying and selling activities. But in modern time, the term market has a broader meaning. Market refers to the whole of any region in which buyers and sellers are brought into contact with one another and by means of which the prices of the goods tend to be equalized easily and quickly.

2. Define Marketing.                      2012

Ans: Marketing is the process of exchange of goods and services and includes all those activities which helps in exchange of goods and services.

3. What is marketing research?

Ans: It means application of resource of research process in solving the marketing problem.

4. What is marketing mix and its 4 P’s?                  2013

Ans: It refers to the combination of four basic elements product, price, promotion and the place, known as the four P’s of marketing.

5. What is trademark?                   2014, 2020

Ans: Trademark simply means mark of a trade carried on by an identified entity. It is usually a sign mark or a symbol, word or words.

6. What is a product?

Ans: It means good or services or anything of value which is offered to the market for exchange.

7. What is advertising?

Ans: It is an impersonal form of communication which is paid for by the markets to promote some goods or services.

8. Define sales promotion?

Ans: Sales promotion refers to short term incentives other than advertising and personal selling at stimulating markets demand for product.

9. What is package?

Ans: The container which carries the product is called package.

10. What is packaging?

Ans: Packaging is defined as a set of tasks or activities which is concerned with the design and production of an appropriate container for the product

11. What is Marketing Management?

Ans: Marketing management is an important functional area of business. It is the process of planning, organizing, directing and controlling the activities related to marketing of goods and services to satisfy customer’s needs & achieve organisational goals.

12. Which Marketing philosophy gives more importance to “Consumer welfare” instead of “Consumer Satisfaction”?

Ans: Societal marketing                                 2015

13. Name the function concerned with informing the customer about the product.

Ans: Product Promotion

14. Name the function involved in physical movement of goods from one place to another.

Ans: Physical Distribution

15. Give two examples of Trade Promotion?

Ans: Gifts, trade discount.

16. What is labeling?

Ans: A label is the identity of product or brand. Labels are attached one to the product package to help the identification and provide some identity to the customer.

17. What do you mean by Brand?

Ans: It can be designed as the process of using a name term, symbol or design to identify a product. It is simply giving a name / a sign / a symbol etc to a product.

18. Give two examples of Brand.

Ans: Pepsi, Nike.

19. Give the main concept behind the various types of marketing concept.

Name of Concept

Main points

Production Concept

Goods/services are cheap and they can be made available at many places.

Product Concept

Quality of goods or services is of good standard.

Selling Concept

“Goods are not bought but they have to be sold”

Marketing Concept

Consumers Satisfaction

Societal Marketing Concept

Consumer Welfare/Societal Welfare

20. Give two examples of trade mark.

Ans: McDonalds, APPLE, IBM

21. Give two examples of various types of products.

Type of Products

Examples

Convenience product

Candy, Newspapers, Soap, Fast Food etc.

Shopping Product

Clothing, Furniture, Major Appliances, Used Cars

Speciality product

Photographic equipment with high price, Designer clothes

Unsought Products

Life Insurance, Blood donation to Red Cross

22. Name the middlemen involved in two level channels.

Ans: Wholesaler and retailer

23. What is modern marketing concept?

Ans: Modern marketing concept: Modern or new concept of marketing is a broader concept. It does not mean to provide consumer goods and services what the seller manufactures but it consists the process of discovering the consumer and converting their wants into appropriate goods and services.

24. Introducing a scheme of 50% + 40% less by the koutons is the example of which sales promotion techniques.

Ans: Trade discount

25. Name the products whose utility gets finished in one use.

Ans: Consumer Products

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ALSO READ (AHSEC ASSAM BOARD CLASS 12)

1. AHSEC CLASS 12 BUSINESS STUDIES CHAPTERWISE NOTES

2. AHSEC CLASS 12 BUSINESS STUDIES QUESTION PAPERS (FROM 2012 TILL DATE)

3. AHSEC CLASS 12 BUSINESS STUDIES SOLVED QUESTION PAPERS (FROM 2012 TILL DATE)

4. AHSEC CLASS 12 BUSINESS STUDIES IMPORTANT QUESTIONS

5. BUSINESS STUDIES MCQs

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26. Mention on objective of pricing.

Ans: One of the objectives of pricing is to maximize current profits.