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MBA Brand Management MCQ Set 1
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1. ____ is a mode of direct marketing owes to well structured communications in the form of catalogs.
Telemarketing
Sales promotion
Sales promotion
Publicity
2. ___ is ether the head of marketing department or a major brand and is responsible for the brand strategy and its implementation, important for complete performance of the brand.
Chief Branding Officer
Chief Executive officer
President of company
Director of Company
3. ______ lets you to have a clear picture of the number of customers or usage of your brand in comparison with competition.
Market share
Brand share
Product share
Customer share
4. ____ lets you to have your loyal customer's lifetime worth in terms of your brand's purchasing.
Lifetime value of a customer
Lifetime value of a brand
Lifetime value of a company
Lifetime value of a market
5. ____ of ad means how many times you should expose your target customers to your message.
Frequency
Copy
Copy strategy
Media
6. ____ provides a good quality of service because of a direct interface with the customers, but it is expensive.
Direct sales
Telemarketing
E-marketing
All of the given options
7. _____ shows how consistent customers are in buying your brand, how long they have been buying and how long they may buy?
Customer loyalty
Brand loyalty
Product loyalty
Company loyalty
8. _____ works best under the circumstances of high differentiation that gives you a sustainable advantage in a quality conscious market.
Value-in-use Pricing:
Skim Pricing
Segment pricing
Strategic account pricing
9. A brand based organization provides which of the following benefits?
Clarity of role
Commitment to brand growth
A collective responsibility
All of the given options
10. Advertising is part of sales promotion by creating awareness and comprehension that form a level of ___
Customer pull
Customer push
Customer loyal
Customer image
11. An effective advertising campaign:
Revolves around a strong single idea
Should appeal to self interest of customer
Must not wander off
All of the given options
12. rand assets include:
The name of the brand
Reputation, relevance, and loyalty
Less quality complaints
All of the given options
13. Brand picture is based on which one of the following?
Brand value
Brand mission
Brand vision
Brand Image
14. Delivery services offered by restaurants and other food chains in our market on phone calls are examples of:
Sales promotion
Direct marketing
Publicity
Personal selling
15. Duration of _________ should be short and should not be repeated too often.
Sales promos
Market promos
Brand promos
Product promos
16. If a company introducing a new brand under the source brand or endorsing brand strategy to gain the benefits of brand power, you again are in a position to charge a _____
Premium price
Skimming price
Market based price
Retail price
17. Marketers need to position their brands clearly in target customers' minds. The strongest brands go beyond attributes or benefit positioning. They are positioned on the basis of whichof the following?
Desirable benefit
Good packaging
Strong beliefs and values
Service inseparability
18. Mostly, the major source of power throughout the distribution channel is:
The company
The brand
The distributor
The customer
19. PIA runs a series of television commercials that show its staff going out of their way to help customers. An important secondary audience for these ads is:
The civil aviation authority
Competitors
PIA employees
All air travelers
20. The brand stature construct is equivalent to:
Esteem multiplied by knowledge
Differentiation multiplied by knowledge
Knowledge multiplied by relevance
Esteem multiplied by differentiation
21. The process of establishing and maintaining a distinctive place in the market for an organization or its specific product offers is known as _____
Profiling
Profiling Segmentation
Segmentation
positioning
22. The term "story board" is specifically related to:
TV commercial
Newspaper Editorial
Magazine ad
Press release
23. This pricing model offers opportunity to set different levels of pricing for different needs is known as ______
Segment pricing
Skim pricing
Value-in-use pricing
Strategic account pricing
24. To have value, a brand must offer which one of the following?
A simple product range with a defined set of features
A complex product range with a defined set of features
A complex product range with a defined set of features
An identity through which the customer can trace the party responsible for supplying the product
25. What purpose does an advertising copy serves?
Provides a degree of continuity in a brand's advertising
Help a brand achieve distinctiveness
Provides a common benchmark on which all concerned in the company and the agency can evaluate the merits of advertising submissions
All of the given options
26. Which of the following strategy give the benefit of premium pricing?
Umbrella strategy
Line brand strategy
Product brand strategy
Branding strategy
27. "Developing budgets and steering resources into strategy are critical areas of success," Correlates which of the following strategy.
Crafting strategy
Implementing strategy
Evaluating strategy
Performing strategy
28. _______ advertising affords the marketer the ability to engage the consumer in a direct and personal way.
Interactive
Contextual
Traditional
Website.
29. ____ are about organizations seeking gaps in broad market segments or finding gaps in competitors' product ranges.
Market niche strategies
Differentiation
Cost leadership
Focus Strategies
30. ______ are incurred by brands because of failures and questionable business practices that may increase costs and liabilities.
Brand assets
Brand liabilities
Brand liabilities
Market failures
31. _____ are incurred by brands because of failures and questionable business practices that may increase costs and liabilities
_____ are incurred by brands because of failures and questionable businesspractices that may increase costs and liabilities
Brand liabilities
Brand equities
Market failures
32. ______ are musical messages written around a brand.
Logos
Symbols
Jingles
Tag lines
33. ______ are short phrases that communicate descriptive or persuasive information about a brand.
Punch lines
Tag lines
Messages
Slogans
34. _____ branding is a type of co-branding.
Ingredient
Product
Service
Personality
35. ______ buy products & _________ use product
consumer & customers
buyers & sellers
buyers & customers
customers & consumer
36. ______ customers can themselves become publishers, choosing to share what they have received with their social networks.
Publish - subscribe
Instant sharing
Multi - model viewing
Mobile invertising
37. _______ defines what the the brand thinks about the consumer, as per the consumer
Brand attitude
Brand positioning
Brand relationship
Brand manage
38. _____ has been the first to launch an innovative media buying / selling technique, through its lastminute inventory.com, which auctions unsold media space online.
Madison media
Mudra Max
Dentsu India
JWT India
39. ________ is a way of describing audience based on factors such as age, gender, education level, town class, income etc.
Demographic
Psychographic
Socio-economic
Infographics
40. _______ is a way of describing audience based on the their life style, attitudes, aspirations, habits etc.
Demographics
Demographics
Socio-economic
Infographics
41. ________ is the acquisition of goods and services by the seller or industrial user for the purpose of resale
selling
assembling
buying
transportation
42. _________ is the process that helps managers understand the nature of the industry, the way firms behave competitively within the industry, and how competition is generally undertaken.
Market needs analysis
Portfolio analysis
Strategic market analysis
Organizational analysis
43. ______ is the single factor that best indicates social class
Time
Money
Occupation
Fashion
44. _______ is the study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and wants.
Target marketing
Psychographic segmentation
Product Differentiation
Consumer behavior
45. ______ markets are made up of members of the distribution chain
Consumer
Business-to-business (industrial
Institutional
Channel
46. _____ markets include a wide variety of profit and nonprofit organizations, such as hospitals, government agencies, and schools, which provide goods and services for the benefit of society.
Consumer
Business-to-business (Industrial
Reseller
Institutional
47. ______ occurs by maintaining the brand contract while undergoing innovations and modifications to stay current.
Sustainability
Fit
Uniqueness
Credibility
48. ______ pricing is the approach of setting a low initial price in order to attract a large number of buyers quickly and win a large market share.
Market-skimming
Value-based
Market-penetration
.Leader
49. _____ refers to a brands objective attributes in relation to other brands
Brand position
Product position
Brand relationship
Both A&B
50. ______ refers to the information a consumer has stored in their memory about a product or service.
Cognitive dissonance
Product knowledge
Product research
Marketing research
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