Professional Documents
Culture Documents
Customer’s evaluation of the difference between all the benefits and all the
For each target market, a firm develops a
___ is the study of how individuals, groups, and organizations select, buy, use and
__Markets include a wide variety of profit and nonprofit organizations such as hospitals
What tense do you use in writing the key features photograph: Answer: B
If P represents the probability of success of a player in any game and M represents ANS: C
STASTASTIC MODULE 1
The data set 32,41,52,11,53,74,21,44,26,75, has _______ number of modes ANS: None of these
Measures of central tendency are part of which type of statistics? ANS : d. descriptive
Histogram visualizes the distribution of data over a continuous interval or certain time period in the form of
_____. ANS: b. bars
________ can be considered as balancing point of the data. ANS: c. mean
The most frequent data value is called ______ ANS: MODE
Inferential statistics can be defined as a part of statistics related to _______. ANS: b. research on data
________ data requires no order or sequence while collection. ANS: b. nominal
According to the idea of interquartile range, the whole data set is divided into ____ number of parts. Ans: b. 4
Data collected on weight of students in a class of 50 students is a _________ type of data. ANS: discrete
Dispersion can also be defined as degree of _____ ANS: b. all of these
For finding median in continuous series, which amongst the following are of importance? ANS: b. all of these
Median as quartiles can be termed as _____ ANS:Q2
In continuous type of series, for finding mean, which amongst the following is considered as X variable value?
ANS: a. mid point of the interval
List of children per family in a society as 2,3,0,1,2,1,12,0,3,1,2,1,2,2,1,1,2,0, is an example of _______ data. ANS:
d. ungrouped
For a continuous data distribution, 10-20 with frequency 3, 20-30 with frequency 5, 30-40 with frequency 7and
40-50 with frequency 1, the value of Q_3 is ________. ANS: 30.5
For a continuous data distribution, 10-20 with frequency 3, 20-30 with frequency 5, 30-40 with frequency 7and
40-50 with frequency 1, the value of Q_1 is ________. ANS:20.2
For a continuous data distribution, 10-20 with frequency 3, 20-30 with frequency 5, 30-40 with frequency 7and
40-50 with frequency 1, the value of quartile deviation is ________. ANS: 5.15
MARKETING 1
A transaction usually involves ________. ANS : All of these
Marketing management is ________. ANS : a. the art and science of choosing target markets and getting,
keeping, and growing customers through creating, delivering, and communicating superior customer value
The buying process begins when the buyer recognizes a ANS: problem or need
________ can be conducted electronically, with buyer and seller seeing each other on their computer screens in
real time. ANS: d. Public relations
_______ is the act of obtaining an object from someone by offering some other thing in return. ANS : Exchange
Marketing is considered as both an “art” and a “science”—there is constant tension between the formulated
side of marketing and the ________ side ANS : CREATIVE
Which of the following is a type of factor in a company's macroenvironment? ANS: b. All of these
Which of the following is a “key player” in the marketing industry? ANS: suppliers or vendors
Good marketing is a result of careful planning and _____ ANS: Execution
The MOST formal definition of marketing is ____ ANS: a. an organizational function and a set of processes for
creating, communicating, and delivering
Global marketers should decide ________. ANS: b. all of the above
Companies which sell mass consumer goods and services such as soft drinks, cosmetics, air travel, and athletic
shoes and equipment spend a lot of time trying to establish a superior brand image in markets called ________
ANS: consumer markets
goods constitute the bulk for most of the countries’ production and marketing efforts. ANS: Physical
________ can be produced and marketed as a product ANS: Information
A ________ is someone seeking a response (attention, a purchase, a vote, a donation) from another party, called
the. ANS: marketer, prospect
In business markets, advertising can play a role, but a stronger role may be played by the sales force, ________,
and the company’s reputation for reliability and quality. ANS: price
__ can be seen as the development, design, and implementation of marketing programs, processes, and
activities that identifies the breadth and interdependencies of their effects. ANS: Holistic marketing