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21
Match the following.
List-I List-II
a. Market segmentation 1. Pricing high of a new product initially.
b. Skimming price 2. Process of disagreegating a market into a number of sub-markets.
c. Multilevel marketing 3. Translation of the marketing plan into marketing performance.
d. Sales management 4. Modified version of direct marketing.
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Answer & Solution
Answer: Option B
No explanation is given for this question. Let's Discuss on Board
22
Which of the following is not a targeting strategy?
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Answer & Solution
Answer: Option D
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23
Market concept is . . . . . . . .
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Answer & Solution
Answer: Option C
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24
According to the societal marketing concept, who is most important in deciding what needs and wants are good for consumers in the long run?
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Answer & Solution
Answer: Option A
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25
Direct marketing is found more suitable to which of the following products?
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Answer & Solution
Answer: Option D
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26
Which fact is true about online marketing?
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Answer & Solution
Answer: Option D
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27
Marketing is a process of converting the potential customers into . . . . . . . .
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Answer & Solution
Answer: Option A
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28
In which of the following types of collective bargaining, one party gains at the expense of the other?
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Answer & Solution
Answer: Option A
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29
Which of the following is not a component of 4PL?
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Answer & Solution
Answer: Option D
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30
A marketing manager's task is to identify variables that describe customers in terms of their own particular characteristics. These variables are called
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Answer & Solution
Answer: Option B
Solution:
In marketing, a marketing manager's task involves identifying variables that describe customers based on their specific characteristics.

These variables are known as descriptors because they help in segmenting the market by detailing customer attributes such as age, income, location, and behavior.

While demographic, geographic, and behavioral are types of descriptors, the broader term descriptors encompasses all these categories.

Therefore, Option B is the correct answer as it accurately refers to these variables.