Saturday 30 March 2013

Marketing Aptitude for Bank Exams CONSUMERS MARKETS AND CONSUMER BUYING BEHAVIOR


CONSUMERS MARKETS AND CONSUMER BUYING BEHAVIOR
PART-1
1.      ________________ refers to the buying behavior of final consumers-individuals and households who buy goods and services for personal consumption.
a)      Buyer behavior                                   c) consumer behavior
b)      Consumer buyer behavior                           d) none
2.      All the individuals and households who buy or acquire goods and services for personal consumption ____________                                                                             
a)      Market                                                            c) Supply chain
b)      Consumer market                               d) none
3.       _______________ consists of the four Ps: product, price, place & promotion
a)      Marketing strategy                 c) a & b
b)      Marketing stimuli                   d) none
4.      _______________ is the set of basic values, perceptions, wants and behavior learned by a member of society from family and other important institutions                                         
a)      Culture                                                            c) product       
b)      consumption                                       d) all the above
5.      Marketers are always trying to spot ____________ in order to discover new products that might be wanted                                                                                         
a)      culture                                                 c) subculture
b)      cultural shifts                                      d) none
6.      ________________ is a group of people with shared value systems based on common life experienced and situations  
a)      Culture                                                            c) cultural shifts
b)      Subculture                                           d) none
7.      _______________ are society relatively permanent and ordered division in a society whose members share similar values, interests and behavior                                                                
a)      Social class                                          c) subculture
b)      Subclass                                               d) a & c
8.      A consumer’s behavior also is influenced by ______________, such as the consumer’s small groups, family, and social roles and status.         
a)      Social factors                                      c) physical factors
b)      Human factors                                                d) none
9.      _______________ two or more people who interact  to accomplish individual or mutual goals.
a)      Group                                                  c) marketing products
b)      Subgroup                                             d) none
10.  ______________ person within a reference group who, because of special skills, knowledge personality or other characteristics exerts social influence on others                                      
a)      Opinion leaders                                  c) global leaders
b)      Market leaders                                   d) none
11.  Marketers use _______________ by enlisting or even creating opinion leaders to spread the word about their brands                                                                  
a)      Buzz marketing                                   c) mutual marketing
b)      marketing                                           d) none
12.  A new type of social interaction has exploded onto the scene - online______________ carried out over internet media ranging from blogs to social networking                         
a)      networking                                          c) a & b
b)      social networking                                d) none
13.  A buyer’s decisions also are influenced by _______________ such as the buyer’s age and life-cycle stage, occupation, economic situation, life style and personality and self-concept.    
a)      networking                                          c) media marketing
b)      personal characteristics                     d) none
14.  In _______________ point to a recession, marketers can take steps to redesign, reposition and reprice their products closely.
a)      Economic indicators                           c) signal indicators
b)      Physical indicators                              d) none
15.  _______________ is a person’s pattern of living as expressed in his or her activities, interests and opinions.
a)      Lifestyle                                               c) media signal
b)      Modern stimuli                                   d) none
16.  _______________ refers to the unique psychological characteristics that lead to relatively consistent and lasting responses to one’s environment.
a) personality                                            c) stimuli
b) characters                                             d) none
17.  A ______________ is the specific mix of human traits that may be attributed to a particular brand
 a) brand personality                                c)personality
b) stimuli personality                                d) none
18.  The basic ________________ is that people’s position contributes to and reflects their identities that are, we are what we have.                                                           
a)      Self-concept                                        c) economical balance
b)      Self-concept premises                        d)  none

19.  A person’s buy choice are further influenced by four major___________________ ”motivation, perception, learning and believes and attitude”
      a) Psychological factors                                  c) physical factors      
       b)  Economic factors                                      d) none
20.    A need  __________________that is sufficiently pressing to direct the person to seek satisfaction of the need                                                                  
a)      motive                                                             c) motion
b)      Motion law                                                      d) none
21.  ___________________ is the process by which people select, organize, interpret information to form a meaningful picture                                                                                  
a)      Perception                                                       c) psychological environment
b)      Indicators                                                        d) all the above                                              
22.  _____________ changes in an individual’s behavior arising from experience                         
a)      Learning                                                          c) motivating
b)      Teaching                                                         d) none
23.  A _____________ descriptive thought that a person has about something.
  a) belief                                                               c) technology
  b) Human efforts                                                            d) none
24.   A person’s ______________ relatively consistent evaluation, feelings, & tendencies towards an object or idea.
 a) learning                                                           c) attitude
c)      motivation                                                       d) none
25.  Consumers undertake ________________ when they are highly involved in a purchase and perceive sufficient difference.
 a) consumer buying behavior                              b) national environment
c)      Complex buying behavior                               d) none

                                                                                       Written by Yuvarani

Answers
1)      Consumer buyer behavior
2)      Consumer market
3)      Marketing stimuli
4)      Culture
5)      Culture shift
6)      subculture
7)      social class
8)      social factors
9)      group
10)  opinion leaders
11)  Buzz marketing
12)  Social networking
13)  Personal factors
14)  Economic indicators
15)  Lifestyle
16)  Personality
17)  Brand personality
18)  Self-concept premises
19)  Psychological factors
20)  Motive
21)  Perception
22)  Learning
23)  Belief
24)  Attitude
25)  Complex buying behavior

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