MARKETING OF SERVICES

E4-E5 Management

MARKETING OF SERVICES

Q. 1 , What is marketing?

A. The sum of all activities that take you to a sales outlet after those sales takes over

B. The art and science of choosing target markets

C. The process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational goals

D. The tool to help an organization increase sales


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Q. 2 , Which of the following is a physical distinction of a product?

A. Ordering ease

B. Delivery

C. Features

D. Customer training


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Q. 3 , Which of the following is a service distinction?

A. Reliability

B. Form

C. Installation

D. Design


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Q. 4 , Which of the following is a characteristic of services?

A. Perishable

B. Conformance quality

C. Durability

D. Style


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Q. 5 , What is the main difference between products and services?

A. Products are tangible, while services are intangible

B. Products are inseparable, while services are variable

C. Products are perishable, while services are durable

D. Products are easy to judge for quality, while services are difficult to judge for quality


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Q. 6 , Which of the following is not a service distinction?

A. Ordering ease

B. Maintenance and repair

C. Design

D. Customer consulting


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Q. 7 , What is marketing?

A) The process of planning and executing the distribution of goods only.

B) The process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational goals.

C) The art and science of choosing target markets.

D) The sum of all activities that take you to a sales outlet.


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Q. 8 , What is the difference between a product and a service?

A) Products are tangible and can be stored, while services are intangible and used up upon delivery.

B) Products are intangible and used up upon delivery, while services are tangible and can be stored.

C) Products are only sold online, while services can only be sold in physical stores.

D) Products are only used in commercial settings, while services are only used in personal settings.


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Q. 9 , Which of the following is a characteristic of services?

A) Reliability

B) Conformance quality

C) Reparability

D) Intangibility


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Q. 10 , Which of the following is a characteristic of products?

A) Ordering ease

B) Installation

C) Durability

D) Intangibility


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Q. 11 , What is the marketing mix?

A) A set of tools and techniques used to raise the perceived benefits of a product or service.

B) A set of laws and regulations governing the sale of goods and services.

C) A set of best practices for managing customer relationships.

D) A set of procedures for training sales representatives.


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Q. 12 , What are the elements of the services marketing mix?

A) Product, price, promotion, place

B) Product, price, promotion, people, process, physical evidence

C) Product, price, promotion, people, process

D) Product, price, promotion, place, people


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Q. 13 , What is BSNL?

A) A marketing technique

B) A product

C) A service provider

D) A sales strategy


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Q. 14 , What is the difference between marketing and sales?

A) Marketing involves creating exchanges that satisfy individual and organizational goals, while sales involves the transfer of ownership or goods.

B) Marketing involves the transfer of ownership or goods, while sales involves creating exchanges that satisfy individual and organizational goals.

C) Marketing and sales are the same thing.

D) Marketing is a function of sales.


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Q. 15 , What are marketing strategies?

A) Techniques used to raise the perceived benefits of a product or service

B) The laws and regulations governing the sale of goods and services

C) Best practices for managing customer relationships

D) Procedures for training sales representatives


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Q. 16 , What is the purpose of marketing?

A) To make a company more profitable

B) To increase the price of products and services

C) To decrease the quality of products and services

D) To reduce customer satisfaction


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Q. 17 , What is the role of employees in delivering a service?

A) They have no role in delivering a service.

B) They are only responsible for delivering a product.

C) They are responsible for delivering a service that meets customer expectations.

D) They are responsible for creating new marketing strategies.


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Q. 18 , What is the importance of creating an attractive physical environment in which to deliver a service?

A) It helps to reduce the cost of providing a service.

B) It helps to increase the perceived benefits of a service.

C) It is not important in delivering a service.

D) It helps to reduce the level of customer satisfaction.


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Q. 19 , How many Ps are there in the Services Marketing Mix?

a. Three

b. Four

c. Five

d. Seven


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Q. 20 , Which of the following is not included in the four Ps of the traditional marketing mix?

a. Product

b. Pricing

c. Promotion

d. Placement


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Q. 21 , What is the purpose of market research in Services Marketing?

a. To convince a market segment to buy something they don't want

b. To determine what consumers want and what they are willing to pay for it

c. To create a sustainable competitive advantage

d. All of the above


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Q. 22 , Which of the following is not an example of a service offered by BSNL?

a. Landline

b. Mobile-prepaid & postpaid

c. Lease line

d. Washing machine


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Q. 23 , Which of the following is an example of a discount scheme offered by BSNL?

a. Providing a free washing machine with every new connection

b. Offering two months free period if ten month advance rental is paid in broadband

c. Giving a 50% discount on all products for a limited time

d. All of the above


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Q. 24 , Which of the following is not a way that BSNL utilizes to make its services accessible?

a. Physical space

b. Electronic space

c. Call centres

d. Providing free washing machines with every new connection


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Q. 25 , Which of the following is NOT included in the seven Ps of services marketing mix?

a) Product

b) Pricing

c) Promotion

d) Packaging


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Q. 26 , The aspect of marketing that deals with the specifications of the actual good or service and how it relates to the end-user's needs and wants is known as:

a) Pricing

b) Promotion

c) Product

d) Placement


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Q. 27 , Which of the following is true about the pricing strategy of BSNL?

a) BSNL offers only one tariff plan for all its services

b) BSNL offers discounts only to individual customers, not corporate customers

c) The volume discount goes up to 20% for annual revenue of Rs 20 crore in case of corporate customers

d) BSNL does not offer any discount scheme


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Q. 28 , Which of the following methods of promoting a product refers to the various methods of promoting the product, brand, or company?

a) Sales promotion

b) Advertising

c) Publicity

d) Personal selling


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Q. 29 , What does the fourth P of services marketing mix refer to?

a) The process of setting a price for a product, including discounts

b) How the product gets to the customer

c) The specifications of the actual good or service and how it relates to the end-user's needs and wants

d) The various methods of promoting the product, brand, or company


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Q. 30 , In BSNL context, which of the following is NOT utilized for easy accessibility of its services?

a) Physical space

b) Electronic space

c) Franchisees

d) Health clinics


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Q. 31 , Which of the following is a key factor in ensuring overall satisfaction of the customers in the services marketing?

a) Product quality

b) Advertising

c) Packaging

d) People


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Q. 32 , Which of the following is NOT a factor that impacts the overall satisfaction of the customers with respect to people?

a) Appropriately trained

b) Well-motivated

c) Overpriced

d) The right type of person


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Q. 33 , Which of the following refers to the scope of a product and generally includes supporting elements such as warranties, guarantees, and support?

a) Pricing

b) Promotion

c) People

d) Product


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Q. 34 , Which of the following refers to the process of setting a price for a product, including discounts?

a) Pricing

b) Promotion

c) People

d) Product


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Q. 35 , Which of the following is the practical application of the marketing process?

a) Marketing research

b) Marketing management

c) Marketing plan

d) Marketing mix


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Q. 36 , What is the purpose of market segmentation in marketing?

a) To target all customers with the same marketing mix

b) To divide the market of consumers into persons with similar needs and wants

c) To increase the sales of the product/service

d) None of these


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Q. 37 , Which of the following is NOT a criterion for market segmentation?

a) Demographic Variables

b) Geographic Variables

c) Economic Variables

d) Behavioristic Variables


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Q. 38 , What is marketing strategy?

a) A method of focusing an organization's energies and resources on a course of action which can lead to increased sales and dominance of a targeted market niche

b) A set of promotional activities aimed at increasing brand awareness

c) A method of creating a strong sales team

d) None of these


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Q. 39 , What are the distinct stages in the product life cycle?

a) Introduction, growth, maturity, and decline

b) Inception, growth, maturity, and demise

c) Introduction, development, maturity, and decline

d) None of these


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Q. 40 , What is SWOT analysis?

a) An external analysis of an organization

b) An internal analysis of an organization

c) An analysis of the market situation

d) None of these


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Q. 41 , Which of the following is NOT an element of marketing strategy?

a) Product development

b) Pricing

c) Packaging

d) Relationship management


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Q. 42 , What does PEST analysis stand for?

a) Political, Environmental, Social, and Technological

b) Political, Economic, Social, and Technological

c) Personal, Economic, Social, and Technological

d) None of these


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Q. 43 , What is Porter's Five Force Model used for?

a) To understand the interest of existing and new operators in entering 3G, Wi-Max and other new telecom services market

b) To segment the market of consumers

c) To analyze the market situation

d) None of these


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Q. 44 , What is the purpose of the marketing mix?

a) To increase the sales of the product/service

b) To support sales and increase brand awareness

c) To segment the target audience

d) None of these


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Q. 45 , What is the purpose of the product life cycle?

a) To understand the market situation

b) To segment the market of consumers

c) To determine the appropriate marketing strategy for a product/service

d) None of these


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Q. 46 , Which of the following is an example of a demographic variable?

a) Personality

b) Brand loyalty

c) Income

d) Price sensitivity


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Q. 47 , What is the purpose of the SWOT analysis?

a) To analyze the external environment

b) To analyze the internal environment

c) To segment the target audience

d) None of these


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Q. 48 , What is the purpose of the PEST analysis?

a) To analyze the external environment

b) To analyze the internal environment

c) To determine the appropriate marketing mix

d) None of these


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Q. 49 , Which of the following is NOT a product for which BSNL has a marketing strategy in place?

A) Landline

B) WLL

C) Mobile

D) Cable TV


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Q. 50 , Which of the following marketing tools has BSNL NOT utilized?

A) Advertising agencies

B) Brand ambassadors

C) Public relation agencies

D) Direct sales force


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Q. 51 , What is market segmentation and how does BSNL use it?

A) It's the process of identifying and targeting specific groups of customers, and BSNL segments customers based on rural, urban, commercially important, corporate, students, etc.

B) It's the process of setting prices for products, and BSNL sets different prices for different geographic regions.

C) It's the process of designing a set of meaningful differences to distinguish a company's offering from competitors' offerings, and BSNL differentiates its products based on quality.

D) It's the process of promoting products to potential customers, and BSNL promotes its products through advertising and public relations campaigns.


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Q. 52 , Which of the following is NOT part of the marketing mix?

A) Product

B) Price

C) Promotion

D) Packaging


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Q. 53 , What is the marketing concept and how does BSNL use it?

A) It's the belief that a company can achieve its goals primarily by being more effective than its competitors at creating, delivering, and communicating value to its target markets, and BSNL uses it to coordinate all marketing functions from the customer's point of view.

B) It's the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational goals, and BSNL uses it to set prices for its products.

C) It's the managerial process of developing and maintaining a viable fit among a company's objectives, skills, and resources and its changing market opportunities, and BSNL uses it to conduct market research and surveys.

D) It's the web of connections among a company and its supporting stakeholders—customers, employees, suppliers, distributors, and others—with whom it has built profitable business relationships, and BSNL uses it to participate in local and national exhibitions and melas.


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Q. 54 , Which of the following best describes .pull. marketing?

A) A type of marketing in which the product is 'pushed' from the seller to the consumer

B) A type of marketing that attempts to persuade the customer to try a product and continue to use the product

C) A type of marketing that focuses on the company's internal resources and capabilities

D) A type of marketing that emphasizes price as the most important factor for customers


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Q. 55 , Which of the following is NOT a factor that influences customer satisfaction?

A) Perceived performance of the product

B) Customer's expectations of the product's performance

C) Price of the product

D) Brand recognition of the product


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Q. 56 , What is the role of marketing in BSNL?

a) To sell more products than competitors

b) To create a positive brand image and create value for customers

c) To reduce costs and increase profits

d) To improve internal communication


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Q. 57 , What is the marketing budget of BSNL?

a) Few lakh rupees

b) Few crore rupees

c) Hundreds of crore rupees

d) Thousands of crore rupees


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Q. 58 , What type of advertising has BSNL used for its promotional campaigns?

a) Personal selling

b) Sales promotion

c) Public relations

d) Paid non-personal presentation


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Q. 59 , What is the name of the public relation agency engaged by BSNL at the corporate level?

a) Merry Com

b) Preeti Zinta

c) Deepika Padukone

d) Not mentioned in the passage


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Q. 60 , What is the purpose of market research and surveys in BSNL?

a) To measure response to various campaigns

b) To identify new target markets

c) To reduce marketing costs

d) To increase sales volume


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Q. 61 , What is the role of intermediaries between producers and final consumers in marketing?

a) To create a positive brand image

b) To reduce marketing costs

c) To make products or services available to consumers

d) To increase sales volume


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Q. 62 , What is the marketing mix?

a) A set of tools used to achieve marketing objectives in the target market

b) A set of tools used to achieve production objectives

c) A set of tools used to achieve financial objectives

d) A set of tools used to achieve human resources objectives


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Q. 63 , What is the marketing concept?

a) The belief that a company can achieve its goals primarily by being more effective than its competitors at creating, delivering, and communicating value to its target markets

b) The belief that a company can achieve its goals primarily by being more effective than its competitors at producing goods or services

c) The belief that a company can achieve its goals primarily by being more effective than its competitors at reducing costs

d) The belief that a company can achieve its goals primarily by being more effective than its competitors at managing its employees


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Q. 64 , What is market-oriented strategic planning?

a) The process of identifying and satisfying customer needs

b) The process of developing and maintaining a viable fit among a company's objectives, skills, and resources and its changing market opportunities

c) The process of reducing marketing costs

d) The process of increasing sales volume


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