Match the items of List I with the items of List-II and choose the correct answer:
List-I | List-II |
a. The economy was characterised by small regional suppliers who sold goods on a local basis | 1. Mass marketing |
b. Standardised, branded goods were sold at national level | 2. Hyper segmentation |
c. Era of market differentiation based on demographic, socio-economic and life style factors | 3. Segmentation |
d. Technological advancements, especially in the area of digital communication allow marketers to communicate with individual consumers or very small groups | 4. Fragmentation |
A. a-1, b-4, c-2, d-3
B. a-4, b-1, c-3, d-2
C. a-4, b-1, c-2, d-3
D. a-1, b-2, c-3, d-4
Answer: Option B
Related Questions on Marketing Management
Launching a product in a small part of the market is called:
A. Competitive response
B. Competitive analysis
C. Test marketing
D. None of these
A. Product
B. Selling
C. Customer
D. Production
Markets which are organized and regulated by statutory measure are:
A. Regulated markets
B. Unregulated markets
C. World market
D. None of these
A. Innovators
B. Late majority
C. Early majority
D. Late adopters
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