Match the items of List-I with the items of List-II and indicate the code of correct matching: Codes:List-I List-II a. Latent demand i. More consumers would like to buy the product than can be satisfied. b. Full demand ii. Consumers may be attracted to products that have undesirable social consequences. c. Overfull demand iii. Consumers may share a strong need that cannot be satisfied by an existing product. d. Unwholesome demand iv. Consumers are adequately buying all products put into the market place.
a-iii, b-iv, c-i, d-ii
Concept: Kotler describes eight demand states, and marketing management's task is to identify the current state and manage demand towards the desired level.
Four of these states are matched here with their descriptions. Latent demand exists when consumers share a strong need that no existing product can satisfy, so a matches iii. Full demand is the healthy state in which consumers are adequately buying all the products placed in the market, so b matches iv. Overfull demand occurs when more consumers want to buy than the firm can supply or wishes to serve, so c matches i. Unwholesome demand is demand for products with undesirable social consequences (such as tobacco), so d matches ii.
Example: The wish for a car that runs on water is latent demand (no such product exists), while a popular hill station turning away tourists in peak season faces overfull demand.
The clearest discriminator is a-iii (latent = unmet strong need): every wrong option, such as those pairing a with i or iv, breaks this link, leaving only a-iii, b-iv, c-i, d-ii.
Hence the correct match is a-iii, b-iv, c-i, d-ii.
Marketers have traditionally classified products on the basis of three characteristics : __________ , tangibility and use.
Which one of the following can be legally protected ?
_________ marketing describes the employees' skills in serving the clients.
Which of the following concepts holds that consumers prefer the products which are easily available and are inexpensive?
Match the items of List-I with those of List-II and indicate the code of correct matching:
| List-I | List-II |
|---|---|
| a. Core benefit | i. Bed, bathroom, towel, desk and closet |
| b. Basic product | ii. Clean bed sheet |
| c. Expected product | iii. Rest and sleep |
Codes:
The most widely used method of collecting the primary data is:
Pepsico used ________ to enter the Indian market in the early 1980s.
Match the following:
| List - I (Stages of PLC) | List - II (Critical factors) |
|---|---|
| (a) Introduction | (i) Cost efficiency |
| (b) Growth | (ii) Marketing effectiveness |
| (c) Maturity | (iii) Advertising and Distribution |
| (d) Obsolescence | (iv) Product Development and Design |
Match the following:
| List - I (Pattern of PLC) | List - II (Product category) |
|---|---|
| (a) Growth-Slump-Maturity Pattern | (i) Pharmaceutical products |
| (b) Cycle-Recycle Pattern | (ii) Nylon for parachutes, hosiery, carpeting etc. |
| (c) Scalloped Pattern | (iii) Small kitchen appliances |
Match List - I with List - II.
| List - I (Concept) | List - II (Description) |
| A. Marketing Concept | I. Qualitative, performing and innovative products |
| B. Selling Concept | II. Large-scale sales and promotion effort |
| C. Production Concept | III. Customer focus and values |
| D. Product Concept | IV. Available and affordable products |
Choose the correct answer from the options given below :
Arrange the following stages in the marketing process of an enterprise:
A. Marketing Mix
B. Marketing program implementation
C. Marketing planning
D. Market research
E. Control and evaluation of marketing programs
Choose thecorrectanswer from the options given below:
_______ believes that the consumers will favour those products that offer the best quality, performance and features and therefore the organisation should devote its energy to making continuous product improvements.
The ability to change human needs into wants is called
Which of the following is the characteristic of a product?
Which of the following is an example of durable goods?