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The exam has one part and it contain100 questions.
Name ________________________________
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Part I: Choose the Best Answer from the Given Alternative and Write the Letter of Your Choice
Only in the Given Answer Sheet [1 Point Each]
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1. According to Kotler 2010, it is usually more expensive to produce 10 units of 10 different
products than 100 units of one product, this principle related to the entire following
marketing concept except.
A. The advantage of undifferentiated marketing.
B. The advantage of standardization strategy.
C. The advantage of adaptation strategy.
D. Economic of scale in production.
2. Awash bank promote the banking service to attract new customer and to retain existing
customer to make them loyal to the organization by provide different types of incentive
if they receive foreign exchange with Awash bank by express money and money transfer,
therefore according to behavioral learning theory the underline phrase indicate that:
3. Based on question number two, if the customers expect additional incentive for all types of
service provided by the bank, which type of application of classical conditioning will
occur.
4. All of the following are the major objective to study consumer behavior except?
A. To know the personality of consumer towards the organizational product.
B. To understand the perception of consumer towards the organizational product.
C. To identify the motivational force of consumer to offer good and service.
D. To minimize the level of uncertainty of business.
5. Mr. X identifies the color, price, quality, safety, style, and warranty to purchase
automobile brand, therefore Mr. X is currently involving ____________________consum
er decision making stage?
6. All are true about the marketing mix element in consumer buying behaviors except.
A. The price is too high; consumers perceive the product is quality.
B. Advertising may serve as a reminder to consumers to make purchase.
C. In a direct sales method, the company sales the good and service to distributors.
D. Product is a solution for the problem of the customer.
7. In which one of the following model of decision making is the consumer as impulsive and
irrational purchasers.
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C. Economic man model D. Active man model
A. Approach-approach C. Avoidance-avoidance
B. Approach-avoidance D. Avoidance -approach
11. If the customers have immediate and direct response of the sensory organs to stimuli
towards the good and service of the organization _________________ will occur.
A. Stimulus C. Sensation
B. Perception D. Stimulus & sensation
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C. It is marketing mix element to promote the product.
D. It is the only marketing mix element that produces revenue.
16. All are reasons to develop market penetration initial pricing strategy except.
A. Competitors should not be able to enter the market easily.
B. The market have highly price sensitive.
C. Features acceptable to many customers.
D. Relatively standardized product.
17. Service is produced and consumed simultaneously, this characteristics of service indicate
that;
A. Service variability. C. Service intangibility.
B. Service perishability. D. Service inseparability.
18. _____________________are short lasting goods and services that facilitate developing
and/or managing the finished product.
A. Materials and parts C. Materials and Capital items
B. Supplies & Business services D. Capital items
19. Which one of the following level of product addresses the question what is the buyer really
buying?
A. Augmented product C. Core product
B. Actual product D. Consumer product
20. In which new product development stage the marketing manager make assessment of
product compatibility in market place and its potential profitability for the organization.
A. Business analysis’ C. Product development
B. Commercialization D. Market testing
21. A microscope manufacturer that sells its microscopes to University laboratories,
government laboratories, and commercial laboratories, therefore the pattern of target
marketing is
A. Selective specialization. C. Single segment concentration
B. Market specialization. D. Product specialization.
22. "Many companies today are localizing their products, advertising, promotion, and sales
efforts to fit the needs of individual regions, cities, and neighborhoods." This is an example
of _________________________________.
A. Demographic segmentation C. Geographic segmentation
B. Psychographic segmentation D. Behavioral segmentation
23. ABC sales organization sales and profit is increase at increasing rate such that product life
cycle stage of ABC organization is
A. Decline stage. C. Growth stage.
B. Maturity stage. D. Introduction stage.
24. Currently, service and manufacturing business owners identify the need and wants of the
consumer before producing the product, such that the philosophy of those business firms is.
A. Production concept C. Marketing concept
B. Product concept D. Societal concept
25. All are true about selling and marketing concept except.
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A. The former emphasis is on the product, the later emphasis on customer want.
B. The later management is sales volume oriented, the former management is profit
oriented.
C. Planning is short run oriented, in terms of today’s products & markets in the
former case.
D. Planning is long run oriented, in terms of new products, future markets and
growth in the latter case.
26. Among the following one is not true about marketing environmental force.
A. External macro environment affect all firms in the industry
B. External macro environment includes economic conditions, culture, & laws.
C. External micro environment force affects a particular firm.
D. Internal environmental forces exist outside the organization.
27. All are true about marketing except.
A. It is the way to practice win to win approach.
B. It is the creation of value for customers.
C. It is managing profitable customer relationships.
D. It emphasis on satisfying customers rather than profit.
28. Among the following statements one is not true about non probability sampling technique.
A. The probability of inclusion in a sample is not known.
B. It is often used for qualitative studies.
C. Selection of the units in the population depends entirely on chance.
D. Different units in a population have not equal probabilities of being chosen.
29. Mr. X is marketing management first degree graduate candidate he identifying research
topic on: Assessment of human resource management practice in case of NIB bank district
in hosanna town. Therefore which one of the following factor is missed by Mr. X while
selecting his research topic?
30. “Why does this research need to be conducted?” Which one of the following component of
research the underline statement identified.
31. Most of the respondent are strongly agree on item number twelve (12), therefore based on
this statement in which one of the following type of central tendency the analysis is
described.
A. Mean C. Mode
B. Median D. Standard deviation
32. Among the following statement one is/are not true about qualitative research.
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A. Sample size cannot often be determined in advance.
B. It does not attempt to quantify their results through statistical summary.
34. Which one of the following statement is False about sales management?
A. Sales management is a career.
B. Sales management is a process.
C. Sales management is a discipline.
D. Sales management is only art.
35. Which one of the following statement is False about sales quota and sales budget?
A. Sales quota is standards for appraising selling effectiveness.
B. Sales budget merged sales budget and the selling expense budget.
C. Sales quota is providing as a source of motivation.
D. Sales budgets a management plan for the expenditures to accomplish sales goals.
36. Among the following one is not true about sales force planning.
A. It basically involves, forecasting and decision making.
B. It only identify human resource gap in the organization.
C. It identifies the gap between the present and the future sales force.
D. It objectives of recruitment are expansions new market and replacements.
37. XYZ sale organization determines the number of salespeople based on past trend, therefore
which type of manpower forecast the organization practice.
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B. Conceptual skills → is more important for top level managers.
C. Technical skills → is more important for lower level managers.
D. People skill → is more important for top level managers.
40. Among the following statement one is true about qualitative forecasting method.
A. Are objective or mathematical techniques.
B. Used when situation is ‘stable’ and historical data exist.
C. Involves intuition, and experience.
D. Used for existing product and existing technology.
41. Among the following one is not true about straight commission salary method.
42. ‘Work is divided among individuals according to their knowledge, and experience”, which
principle of sales organization this statement identify.
A. Principle of unity of objectives C. Principle of specialization
B. Principle of coordination D. Principle of exception
43. Which one of the following approach determines the size of the sales force on the base of
net profit?
A. Incremental method C. Sales potential method
B. Work load method D. Market potential method
44. Forecasting can be used for all of the following reasons except.
A. To identify future sales and new products.
B. For strategic planning (long range planning).
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D. Regional Sales Manager→ Key account manager → District Sales Manager → Zone
Sales Manager.
47. One of the following is face to face communication with one or more perspective
customers of making sales?
A. Personal Selling C. Sales Promotion
B. Advertising D. Direct Marketing
48. Which one of the following is Not True about Newspaper?
A. The newspapers charge on the basis of column centimeter.
B. Charge premium for special positions.
C. It may be national/local daily/weekly.
D. The rate does not vary from newspaper to newspaper.
49. Which one of the following model has become the foundation for objective setting and
measurement of advertising effects in many companies?
A. Information processing C. AIDA model
model D. Hierarchy of effects model
B. Innovation adoption model
63. Which is the online retailers and marketers can sell their products to the online consumers
by using crystal clear data
A. Business to Business C. Consumer to Consumer
B. Consumer to Business D. Business to Consumer
64. Among the following one is not activities of logistics.
A. Procurement C. Recycling
B. Inward transport D. Quality control
65. . XYZ organization want to distribute bulky types of good to international market, therefore
which transportation mode is suggest depend up on the product nature, if other factors
remain constant.
A. Rail transportation C. Water transportation
B. Air transportation D. Air transportation
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66. Selecting the mode of transport more depend up on:-
A. Speed C. Cost
B. Availability D. Policy
67. All are marketing channel functions performed by intermediaries regarding to logistics
except.
A. Assorting C. Grading
B. Sorting D. Transporting
68. HP may sell personal computers to large accounts through its own sales force, but its
licensed dealers may also be trying to sell to large accounts, in this case which causes of
channel conflict will occur.
A. Goal incompatibility C. Unclear rights
B. Unclear roles D. Differences in perception
69. ____________________ Variables related to channel structure are availability, costs, and
the services offered.
A. Market variables C. Company variables
B. Product variables D. Intermediary variables
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C. It is the transportation of facts the world around us.
D. It is systematized effort to gain new knowledge.
76. According to researcher research is a process, therefore according to them based on the
listed core components of research, which one of the following sequential procedures is
correct.
I. Formulating a hypotheses IV. Enumerating the problem
II. Collecting the facts or data V. Analyzing the facts
III. Reaching certain conclusions
A. IV, II, V, I, III C. IV, I, II, V, III
B. I, IV, V, II, III D. I, IV, II, V ,III
77. Is the focal point in the research process?
A. Formulating research C. Formulating hypotheses
problem D. Research design
B. Sampling design
78. Which one of the following promotional tool gives marketers flexibility in communication;
so they can see or hear the potential buyer’s reactions and modify the message
accordingly?
79. In which IMC planning process stage do marketers develop media and creative strategy
81. Which one is the way of translating internal thought of sender into language that the receiver of
the message will probably understand it?
A. Source C. Decoding
B. Message D. Encoding
82. One of the following is not the importance of growing sales promotion.
A. It declines brand loyalty.
B. It increased accountability.
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C. It maintains competitive advantages.
D. It stimulates demand.
83. In which professional personal selling process the sales people learn about the persons or
companies to whom they hope to sell.
A. Prospecting stage.
B. Pre approach to individual prospects stage.
C. Presenting the sales message stage.
D. Meet objections and close the sale stage.
84. All are the prime reason for sales force evaluation except.
A. To attain company objectives.
B. To improve an individual’s motivation and skills.
C. To clarifying the role and reviewing the job description.
D. To provides the opportunity for recognition.
85. ABC sales organization provides most comprehensive and longest type of training for
employee, such that the organization provides ___________________ type training.
A. For newly recruited sales personnel
B. For experienced sales personnel
C. For trainers
D. For the distributors
86. Among the following one is not primary source of data.
A. Questioners C. Focus group
B. Interview D. Written document
87. People in different cultures often have different ideas about the same product, this
statement explain ___________________.
A. The dynamic nature of C. The subjective nature of
culture culture
B. The prescriptive nature of D. Culture is socially shared
culture
88. The term used to describe the individual internal drive to act to satisfy unfulfilled needs or
achieve unmet goals is known as__________________.
A. Behavior C. Motivation
B. Perception D. Attitude
89. The affiliation need is very similar to Abraham Maslow’s _________________.
A. Ego need C. Safety and security need
B. Social need D. Physiological need
90. Among the following one is not example of horizontal integration strategy.
A. Mergers C. Franchising
B. Acquisitions D. joint venture
91. All are true about Michael Porter’s cost leadership strategies except.
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A. Features acceptable to many customers
B. Relatively standardised products
C. Lowest competitive price
D. Create products that are unique and valued
92. Which one of the following environmental force influences single business that provides
products and services?
95. Features, performance, conformance, durability, reliability, reparability, style and design
are the main_______________ differentiations dimension in brand positioning.
A. Service C. Product
B. Personnel D. Image
96. ___________statement describes the function/purpose of the company.
A. Mission C. Objective
B. Goal D. Vision
97. When consumer is highly involved in a purchase and aware of significant differences
among brands the type of consumer buying behavior is.
A. Habitual buying behavior
B. Variety Seeking buying behavior
C. Complex buying behavior
D. Dissonance-reducing buying behavior
98. Which one of the following business buying structure is the most difficult and complex
buying situation.
A. New-task buying C. Modified re-buy
B. Straight re-buy D. Existing re-buy
99. ABC coffee export sales organization sales volume in Europeans nations of the last three
year, 2020, 2021 and 2022 was 10 ton, 12 ton, and 14 ton with a weight of 1.2, 1.5 and 1
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respectively, based on the above data what will be sales the volume at the end of (2023),
calculate by weighted moving average forecasting method use two year data.
A. To the minimum 16 ton. C. To the maximum 16 ton.
B. To the minimum 14.88 ton. D. To the maximum 14.88 ton.
100. Based on question number ninety nine if the actual sales for this year came to be 14 ton,
and the smoothing constant was 0.4, what will be the sales volume of next year, calculate
by exponential smoothing method.
A. The sales volume will be 15.2 ton
B. The sales volume will be 14.8 ton
C. The sales volume will be 11.55 ton
D. The sales volume will be 13.56 ton
The End!!
Answer Key
Part I. Choose:
1. C 2. A 3. A 4. D 5. C
6. C 7. A 8. A 9. A 10. A
11. C 12. A 13. C 14. B 15. C
16. A 17. D 18. B 19. C 20. A
21. D 22. C 23. C 24. C 25. B
26. D 27. D 28. C 29. D 30. B
31. C 32. D 33. C 34. D 35. B
36. B 37. C 38. C 39. D 40. C
41. C 42. C 43. A 44. C 45. C
46. C 47. A 48. D 49. D 50. D
51. D 52. D 53. A 54. B 55. B
56. A 57. A 58. B 59. D 60. D
61. B 62. C 63. D 64. D 65. C
66. B 67. C 68. B 69. D 70. B
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71. C 72. A 73. B 74. B 75. C
76. C 77. A 78. B 79. B 80. D
81. D 82. A 83. B 84. C 85. A
86. D 87. C 88. C 89. B 90. C
91. D 92. C 93. D 94. C 95. C
96. A 97. C 98. A 99. A 100. A
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