Acquiring the right customer Instituting the best processes Motivating employees All of the above Q. Percentage or number of customers who move from one level to next level in buying decision process is called conversion rates marketing rates shopping rates loyalty rates Q. CRM technology can help in Designing direct marketing efforts Developing new pricing models Processing transactions faster All of the above Q. uses sophisticated mathematical and statistical techniques such as neutral networking and cluster analysis. Data mining Data survey CRM None of the above Q. Relationship marketing includes Protecting the customer base Recognizing the lifetime value of the customer Treating customer as assets of the firm All of the above Q. Method of measurement of service does not includes? Follow-up survey Mystery shopping Routing Post service rating Q. what is the main drawback of CRM? Implementing CRM before creating a customer strategy Rolling out CRM before changing the organization to match Stalking, not wooing, customers All of the above Q. which dimension is normally considered as important in the SERVQUAL? Reliability Empathy Tangibles Assurance Q. is not included in Direct methods of monitoring customer satisfaction? Getting customer feedback through face to face conversation or meeting. Getting customer feedback through third party agencies. Customer loyalty None of the above Q. what is the cause of customer defection? Poor customer service New technology in the market makes your product less competitive Both A & B None of the above Q. which are the Ways to analyze and control customer defection Find out the average retention rate Find out reasons for defection Cost of retention vs. defection All of the above Q. which of the following statement is true service is very difficult to standardize product is very difficult to standardize service and product both are very easy to standardize none Q. Which factors is considered an important to interact customer regularly? Customer complaints Customer loyalty Both A & B None of the above Q. SERVQUAL includes? Reliability, assurance, tangibles, empathy and responsiveness result, assurance, tangibles, perception and responsiveness Reliability, assurance, perception, empathy and result None of the above Q. Post service rating can be described as Asking customers before consuming service Asking customers to rate the service after delivered Asking customers before purchasing the service None of the above Q. What is the role of customer service in building relationship Provides quality Builds trust Creates value All of the above Q...................is an assessment of the firm’s consistency and dependability in service performance Reliability Responsiveness Empathy None of the above Q. Difference between product and service in terms of their production is Service is produced before consumption product produced at the time of consumption There is no difference Product produced before consumption and service produced at the time of consumption None of the above. Q. How can classification have done of Repair and installation services Value-augmenting services Facilitating services Assurance services Empathy services. Q. Which is the service classification of museums and charities Private non-profit sector Government sector Manufacturing sector Business sector Q. Heterogeneity of service means Difficult to standardize the service No two services will be precisely alike Both A & B None of the above Q. Three Ps People, Process and Physical Evidence are belonging to Service marketing Product marketing Both A & B None of the above Q. Difficulty of service marketing is due to which of the following More complex market No demand Intangibility Difficult to enter the market Q. What is the reason of Centralized mass production of services? Homogeneity Inseparability Perishability None of the above Q. challenges of service marketing includes Warranty Standardization and customization of services Both A & B None of the above
Q. How the product shown in the crowded market is belongs to
Segmentation Targeting Positioning None of the above Q. Which segmentation classifies the customers according to their personality or natures? Psychographic segmentation Geographic segmentation demographic segmentation None of the above Q. Which of the following statement describe Targeting? Classifying the customers according to the similar need Evaluate each segment and determine or select potential segment How the product to be shown in the mind of customer None of the above Q. Niche marketing is belongs to Gap marketing Differentiated marketing Concentrated marketing Undifferentiated marketing Which of the following factors belongs to geographic segmentation? City, country, region Age, religion, gender, family size, income Personality None of the above Q. when the services provided or sold to customer do not fulfil their expectations is known as: Critical incidents Service failures Service recovery None of the above Q. Reservation system provides what type of service? Demand for service Post purchase service Pre-sell of service None of the above Q. What is the purpose of Reservation system strategy Managing supply Managing demand Both A & B None of the above
Q. in which of the following case of services, the waiting can be removed?
Equal Fluctuating Constant Uniform and consistent Q. Age, religion, gender, family size, income are considered under which segmentation? Demographic segmentation Psychographic segmentation Geographic segmentation None of the above. Q. Record which is based on business customers past purchases, sales price and volumes is classified as business database customer database databases marketing company marketing Q. what is the full form of SLR. State Liquidity Ratio Statutory Liquidity Ratio State Liquidity rate None of the above Q. the RBI provides loans or money to the banks at specific rate is known as Repo rate Reverse Repo Rate CRR None of the above Q. Pricing of the educational offer, is typically characterized as Consultancy fees Medical fees Tuition fees Audit fees Q. Educational services not includes Banking services Hotels and motels Car rental companies All of the above Q. Number of customers or potential customers who will help in company's growth is classified as customer base retailer base distributors base marketers base Q. Record which is based on business customers past purchases, sales price and volumes is classified as business database customer database databases marketing company marketing Q. Tourism activities is belongs to which of the following industries? Fashion and accessories industries Computer and internet industries Hospitality and travel industries None of the above
Q. hospitality service industry not includes?
Advertising agencies Hotels and motels Car rental companies Travel agents and tour operators Q. Due to Covid-19 which sector is affected more? Hotel and tourism Telecommunication Pharma None of the above Q. Recency in RFM model can be described as When does the customer make their last purchase? How often does the customer make a purchase? How much money does the customer spend? None of the above Q. If organization marketing efforts is toward the existing customer base is known as Excellent customer service Conquest retention Courteous retention Customer retention Q. In RFM model monetary can be described as When does the customer make their last purchase? How often does the customer make a purchase? How much money does the customer spend? None of the above Q. which of the following concerned with Relationship marketing Protecting the customer base Recognizing the lifetime value of the customer Treating customer as assets of the firm All of the above Q. Advantage of database marketing includes? To highly personalized massages for both current and prospective customers Improve marketing efficiency Improve customer service All of the above Q. Customers complaints and customer loyalty are used methods of monitoring customer satisfaction Direct Indirect Both A & B None Q. use of Data warehousing includes Trend analysis Financial forecasting Logistics and inventory management All of the above Q. is the fundamental determinant of a person’s wants and behavior. Culture Attitude Value None of the above Q. Which of the following statement is not true Hotels and motels comes under hospitality service Travel agents and tour operators comes under hospitality service Courses for skills improvement comes under educational services Advertising agencies are part of hospitality service industry Q. For the rural areas, the socioeconomic system use of the chief wage earner. Occupation and Type of home Education and occupation Education and type of home None of the above Which of the following activity is belongs to direct marketing? Email SMS Both A & B None of these Q. Social class is indicated by variables. Single Several None None of the above Q. Record which is based on business customers past purchases, sales price and volumes is classified as business database customer database databases marketing company marketing