- Type
- Final term past paper
- Course
- MKT501 Marketing Management
- Size
- PDF 1.1 MB
- Updated
- 23 Oct 2026
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Which of the following stage of product life cycle is most expensive?
Correct answer: Introduction
In which of the following demand for the product reduces because of technological advances, shifts in consumer tastes and increased competition?
Correct answer: Decline stage
Which of the following is the degree to which new product matches the values and experiences of the individuals in the community?
Correct answer: Innovation compatibility
Which of the following is the leak-proof packaging that provides additional protection for the primary container?
Correct answer: Transport packaging
ABC Co., a major Swedish multinational, provides an example of the power of innovative packaging and customer thinking. ABC Co. is involved in which of the following types of packaging that enables milk, fruit juice, and other perishable liquid foods to be distributed without refrigeration?
Correct answer: Aseptic packages
Which of the following brands is created specifically to counter a competitive threat?
Correct answer: Fighting brand
Which of the following is a name, term, sign, symbol, design, or a combination of these, that identifies the product or service?
Correct answer: Brand
When two or more well known brands are combined in an offer it is called:
Correct answer: Co-brand
To attract customers into stores, the store advertises its milk at a price less than cost, hoping that customers will purchase other groceries as well. Milk is acting as which of the following?
Correct answer: Loss leader
Which of the following way of advertising can be used to attract passing pedestrian?
Correct answer: Billboards
Which of the following is the basic role of promotion?
Correct answer: Communication
Which of the following is NOT generally recognized as an element of the promotion mix?
Correct answer: Pricing
IMC stands for what?
Correct answer: Integrated marketing communication
Which of the following offers an incentive to buy a product?
Correct answer: Sales promotion
Which of the following is NOT a medium used for advertising?
Correct answer: Publicity
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