Model Final Exam - Principles of Marketing
Model Final Exam - Principles of Marketing
STUDENT NAME:
STUDENT ID NO:
SECTION:
Allocated
Type of Questions Secured Marks
Marks
I. Multiple Choice Questions 08
II. True or False Statements 06
III. Matching The Following 06
IV. Short Answer Questions 16
V. Long Answer Questions 14
TOTAL MARKS 50
Signature :
Signature :
Date :
Date :
(Suggested time: 20 minutes)
I. MULTIPLE CHOICE QUESTIONS (8 x 1 = 8 Marks)
(Please write the correct answer in the given box)
a. Relationship marketing
b. Integrated Marketing
c. Internal Marketing
d. Socially responsible marketing
2. The marketing concept that states, “consumer will buy goods that are available and highly
affordable” is
a. Measurable
b. Accessible
c. Dependable
d. Substantial
a. Local marketing
b. Niche marketing
c. Differentiated marketing
d. Individual marketing
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5. The label which represents the product’s quality with a letter, number or word is
a. Grade label
b. Brand label
c. Descriptive label
d. None
a. Staple items
b. Emergency items
c. Impulse items
d. All
7. Setting a low initial price for a new product to attract customers is called
a. Direct selling
b. E-Retailing
c. Telemarketing
d. Kiosks
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(Suggested time: 15 minutes)
II. TRUE OR FALSE STATEMENTS (6 x 1 = 6 Marks)
1. The flow of money is from market to industry in a simple marketing system. TRUE FALSE
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(Suggested time: 15 minutes)
G Behavioral segmentation
H Unsought products
I Industrial products
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(Suggested time: 30 minutes)
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3. What are distribution channels? Explain the three levels of distribution intensity.
(1+3=4 Marks)
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4. Briefly explain the stages of Product Life Cycle. (4 Marks)
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1. What is wholesaling? Explain any six channel functions of a wholesaler. (1+6=7 Marks)
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2. Explain the process of personal selling . (7 Marks)
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