202.There was no
mediumofexchangein
a) Management
orientation
b) Consumer
orientation
c) Marketing
orientation
d)Bartersystem
Answer:
d) Barter system
HARINI ACADEMY -9442387771
203.“Market includes
bothplaceandregionin
whichbuyersandsellers
areinfreecompetition
withoneanother.”This
definitionisgivenby
a)ClarkandClark
b)Mitchell
c)Chapman
d)Pyle
Answer:
d) Pyle
HARINI ACADEMY -9442387771
204.Physicaldeliveryof
takesplaceimmediately
in
a)Spotmarket
b)Futuremarket
c)Bullionmarket
d)Regulatedmarket
Answer:
a) Spot market
HARINI ACADEMY -9442387771
205.Theessenceof
marketingis
a)Exchange
b)Production
c)Selling
d)Financing
Answer:
a) Exchange
HARINI ACADEMY -9442387771
206.“Marketingisconcerned
withthepeopleandthe
activitiesinvolvedintheflowof
goodsandservicesfromthe
producertotheconsumer.”
Thisdefinitionisgivenby
a)Hansen
b)Converse
c)American Marketing
Association
d)Cundiff
Answer: c) American
Marketing Association
HARINI ACADEMY -9442387771
207.Marketing
a)Increases national
incomeandemployment
opportunities
b)Increases living
standardofpeople
c)Connectstheproducers
andconsumers
d)Allofthese
Answer:
d)Allofthese
HARINI ACADEMY -9442387771
208.Thesearevisiblein
finalproducts.
a)Rawmaterials
b)Accessories
c)Componentparts
d)Fabricatedmaterials
Answer:
c) Component parts
HARINI ACADEMY -9442387771
209.Modernmarketing
beginswithconsumers
andendswith
a)Profit
b)Sales
c)Consumers
d)Production
Answer:
c) Consumers
HARINI ACADEMY -9442387771
210.Termsofcreditisa
partof_____mix.
a)Product
b)Price
c)Promotion
d)Distribution
Answer:
b) Price
HARINI ACADEMY -9442387771
211.Theinitialstageof
marketingis
a)Productionorientation
b)Marketingorientation
c)Consumerorientation
d)Bartersystem
Answer:
d) Barter system
HARINI ACADEMY -9442387771
212.Thisisstageof
marketing where
producers caredlittle
aboutthecustomers.
a)Managementorientation
b)Consumerorientation
c)Marketingorientation
d)Productionorientation
Answer:
d)Productionorientation
HARINI ACADEMY -9442387771
213.“Thetermmarket
refersnottoaplace,butto
a commodity or
commodities andbuyers
andsellerswhoareindirect
competition with one
another.”.Thisdefinitionis
givenby
a)ClarkandClark
b)Pyle
c)Chapman
d)Mitchell
Answer:
c) Chapman
HARINI ACADEMY -9442387771
214.Theseareorganised
,controlledandregulated
bystatutorymeasures.
a)Familymarket
b)Nationalmarket
c)Regulatedmarket
d)Perfectmarket
Answer:
c) Regulated market
HARINI ACADEMY -9442387771
215. The aim of marketing
is
a)To make sale
b)To produce goods
c)To finance the concern
d)To understand the
competitor
Answer: a) To make sale
HARINI ACADEMY -9442387771
216.Marketingincludes
thosebusinessactivities
whichareinvolvedinthe
flowofgoodsandservices
from production to
consumption.” This
definitionisgivenby
a)Hansen
b)Converse
c)Mitchell
d)Kotler
Answer:
b) Converse
HARINI ACADEMY -9442387771
217.Thisutilityiscreated
bymarketing.
a)Time
b)Possession
c)Formandplace
d)Allofthese
Answer:
d) All of these
HARINI ACADEMY -9442387771
218.Industrialgoodsare
soldto
a)Consumers
b)Retailers
c)Wholesalers
d)Manufacturers
Answer:
c) Wholesalers
HARINI ACADEMY -9442387771
219.Thisapproachdeals
withtheproblem of
demandandsupply.
a)Institutionalapproach
b)Societalapproach
c)Legalapproach
d)Economicapproach
Answer:
d) Economic approach
HARINI ACADEMY -9442387771
220.Thisisdeveloped
to satisfy the
anticipatedneedsofthe
identifiedmarket.
a)Productplanning
b)Relationship
marketing
c)Marketingmix
d)Productmix
Answer:
c)Marketingmix
HARINI ACADEMY -9442387771
221. In primitive stage of
marketing human beings
were
a) Food gatherers
b) Hunters and
nomads
c) Civilized
d) Both a) and b)
Answer:
d) Both a) and b)
HARINI ACADEMY -9442387771
222. Selling became
dominant factor in
a)Management orientation
b)Consumer orientation
c)Sales orientation
d)Barter system
Answer:
c) Sales orientation
HARINI ACADEMY -9442387771
223. “Market, for most
commodities, may be thought
of not as a geographical
meeting place but as getting
together of buyers and sellers
in person , by mail, telephone,
telegraph or any other means
of communications.” This
definition is given by
a)Pyle
b)Chapman
c)Mitchell
d)Clark and Clark
Answer:
c) Mitchell
HARINI ACADEMY -9442387771
224. Here money is
borrowed and lent.
a)Spot market
b)Future market
c)Money market
d)Capital market
Answer:
c) Money market
HARINI ACADEMY -9442387771
225. Marketing is a social
and managerial process.
This is the view of
a)Stanton
b)Kotler
c)Pyle
d)Clark and Clark
Answer:
b) Kotler
HARINI ACADEMY -9442387771
226. “Marketing is an
economic process by which
goods and services are
exchanged and their values
determined in terms of money
prices.” This definition is
given by
a)Hansen
b)Converse
c)Mitchell
d)Duddyand Reizan
Answer:
d) Duddy and ReizanHARINI ACADEMY -9442387771
227. These are basic
functions of businesses.
a)Marketing and
innovation
b)Management and
planning
c)Production and
controlling
d)Planning and controlling
Answer:
a) Marketing and
innovation
HARINI ACADEMY -9442387771
228. Cars, refrigerator
and high grade shoes
are example of
a)Shopping goods
b)Speciality goods
c)Convenience goods
d)Industrial goods
Answer:
b) Speciality goods
HARINI ACADEMY -9442387771
229. This approach focuses
on transfer of ownership.
a)Societal approach
b)System approach
c)Legal approach
d)Economic approach
Answer:
c) Legal approach
HARINI ACADEMY -9442387771
230. Public welfare is the
key in
a)Relationship marketing
b)Social marketing
c)Remarketing
d)Demarketing
Answer:
b) Social marketing
HARINI ACADEMY -9442387771
231.Thecreationof
modernmarketingsystem
wasdueto
a)Consumersatisfaction
b)Development of
marketingdepartment
c)Industrialrevolution
d)Largescaleproduction
Answer:
c)Industrialrevolution
HARINI ACADEMY -9442387771
233.“Amarketisacentre
aboutwhichoranareain
whichtheforcesleadingto
exchangeoftitletoa
particularproductoperate
andtowardswhich the
actualgoodstendtotravel.”
Thisdefinitionisgivenby
a)Pyle
b)Chapman
c)Mitchell
d)ClarkandClark
Answer: d) Clark and Clark
HARINI ACADEMY -9442387771
234.Thisisanessential
conditionofanimperfect
market.
a)Lackofcommunication
b)Largenumberofbuyers
andsellers
c)Perfectknowledge of
market
d)Priceuniformity
Answer: a) Lack of
communication
HARINI ACADEMY -9442387771
235.Marketingisatotal
system ofinteracting
businessactivities.This
istheviewof
a)Chapmanb)Pyle
c)Stantond)Mitchell
Answer:
c)Stanton
https://jodkb.on-
app.in/app/home?orgCode=jodkb&referrer=utm_
source=copy-link&utm_medium=tutor-app-
referral
HARINI ACADEMY -9442387771
236.“Marketingisthe
businessprocessbywhich
productsarematched
withmarketandthrough
which transfers of
ownershipareeffected.”
Thisdefinitionisgivenby
a)Stanton
b)Cundiff
c)Still
d)Pyle
Answer:
b) Cundiff
HARINI ACADEMY -9442387771
237.Thisisthelast
processofmarketing.
a)Merchandising
b)Selling
c)Controlling
d) Product planning
Answer:
b) Selling
HARINI ACADEMY -9442387771
238. These are
intangible.
a)Services
b)Rawmaterials
c)Accessories
d)Fabricatedmaterials
Answer:
a)Services
HARINI ACADEMY -9442387771
239.Marketing,inmodern
times,means
a)Learningfromcustomers
b)Listeningtocustomers
c)Transforming the
organisation around
customers
d) All of these
Answer:
d) All of these
HARINI ACADEMY -9442387771
240.Servicesarepartof
______mix.
a)Product
b)Price
c)Promotion
d)Distribution
Answer:
a) Product
HARINI ACADEMY -9442387771
241.Handoperationswere
replacedby
a)Machines
b)Jointstockcompanies
c)Partnershipfirmsandsole
tradingconcern
d)Newinventions
Answer:
a) Machines
HARINI ACADEMY -9442387771
243.Exchanges are
confinedwithinafamily.
Thisiscalled
a)Localmarket
b)Nationalmarket
c)Familymarket
d)Futuremarket
Answer:
c) Family market
HARINI ACADEMY -9442387771
244.Thedealingand
settlementtakesplaceon
differentdatesin
a)Spotmarket
b)Futuremarket
c)Regulatedmarket
d)Nationalmarket
Answer:
b) Future market
HARINI ACADEMY -9442387771
245.Theultimateaimof
micromarketingis
a)Productionofgoodsand
services
b)Establishmentofmarketing
channel
c)Ensuringsmoothflowof
goodsandservices
d)Satisfactionofhumanneeds
andwants
Answer:
d) Satisfaction of human
needs and wants
HARINI ACADEMY -9442387771
246.Marketingisa
____term.
a)Short
b)Comprehensive
c)Narrow
d)Botha)andb)
Answer:
b) Comprehensive
HARINI ACADEMY -9442387771
248.Thisapproach
focusesonproduct
a)Functionalapproach
b)Managementapproach
c)Productapproach
d)Serviceapproach
Answer:
c) Product approach
HARINI ACADEMY -9442387771
249. This is mother of
modern marketing.
a)Economics
b)Commerce
c)Accountancy
d)Statistics
Answer:
a) Economics
HARINI ACADEMY -9442387771
250.Personalsellingisapartof
_____mix.
a)Price
b)Product
c)Promotion
d) Distribution
Answer:
c) Promotion
HARINI ACADEMY -9442387771
251.Inpreindustrial
period,thedifficultiesof
bartersystem were
removed bycommon
mediumofexchangelike
a)Cows,sheepandpigs
b)Slaves
c)Shell
d)Allofthese
Answer:
d)Allofthese
HARINI ACADEMY -9442387771
252.Marketing function
assumedamanagerialrole
tocoordinateallinteracting
businessactivitiesin
a)Productionorientation
b)Marketingorientation
c)Salesorientation
d)Managementorientation
Answer:
d) Management
orientation
HARINI ACADEMY -9442387771
253.Buyersandsellers
belongtolocalareain
a)Nationalmarket
b)Localmarket
c)Spotmarket
d)Forwardmarket
Answer:
b) Local market
HARINI ACADEMY -9442387771
254. This is an
internationalmarket.
a)Nationalmarket
b)Bullionmarket
c)Foreignexchangemarket
d) Perfect market
Answer:
c) Foreign exchange
market
HARINI ACADEMY -9442387771
255.Marketingbegins
with
a)Product
b)Rawmaterial
c)Consumer
d)Advertising
Answer:
c)Consumer
HARINI ACADEMY -9442387771
256.“Marketingisthetotal
systemofbusinessactivities
designedtoplan,price,
promote and distribute
want-satisfyinggoodsand
servicestopresentand
potentialcustomers.”This
definitionisgivenby
a)Kotler
b)Stanton
c)Pyle
d)Cundiff
Answer:
b) Stanton
HARINI ACADEMY -9442387771
257.Marketingrevolves
aroundtheneedsand
interestsofthe
a)Sellers
b)Marketer
c)Buyers
d)Retailers
Answer:
c) Buyers
HARINI ACADEMY -9442387771
261.Homeproductions
werereplacedby
a)Marketingsystem
b)Factorysystem
c)Traditionalmarketing
d)Botha)andc)
Answer:
b) Factory system
HARINI ACADEMY -9442387771
262.Goodswereexchanged
againstgoodsin
a)Productionorientation
b)Salesorientation
c)Managementorientation
d)Noneofthese
Answer:
d) None of these
HARINI ACADEMY -9442387771
263.Buyersandsellersof
goodsevolveonworldlevel
in
a)Nationalmarket
b)Internationalmarket
c)Commoditymarket
d)Bullionmarket
Answer:
b) International market
HARINI ACADEMY -9442387771
269.Marketingconceptis
influencedby
a)Populationgrowth
b)Technologicaldevelopment
c)Disposableincome
d)Allofthese
Answer:
d) All of these
HARINI ACADEMY -9442387771
270.Theelementsoffour
p’sare
a)Interrelated
b)Complementary
c)Mutually supporting
ingredients
d)Allofthese
Answer:
d) All of these
HARINI ACADEMY -9442387771
271. Appearance of
specialisationdeveloped
theideaof
a)Selling
b)Marketing
c)Management
d) Division of labour
Answer:
b) Marketing
HARINI ACADEMY -9442387771
273.Onemarketdealsin
onecommodityonly.This
iscalled
a)Commoditymarket
b)Produce exchange
market
c)Bullionmarket
d)Spotmarket
Answer:
b) Produce exchange
market
HARINI ACADEMY -9442387771
274.Thismarketdealsin
durablegoods.
a)Wholesalemarket
b)Longperiodmarket
c)Primarymarket
d) Secondary market
Answer:
b) Long period market
HARINI ACADEMY -9442387771
275.Servicesincludes
theworkof
a)Airlinesandcarrental
firms
b)Hotels
c)Bankers,lawyersand
engineers
d)Allofthese
Answer:
d) All of these
HARINI ACADEMY -9442387771
277.Thisisconcernedwith
physicalmovement of
goods.
a)Distribution
b)Selling
c)Productplanning
d)Merchandising
Answer:
a)Distribution
HARINI ACADEMY -9442387771
278.Thisapproachfocuses
ontheroleofdecision
making.
a)Institutionalapproach
b)Functionalapproach
c)Managementapproach
d)Legalapproach
Answer:
c) Management approach
HARINI ACADEMY -9442387771
279.Marketingconcept
isinfluencedby
a)Changing social
behaviour
b)Increasedcompetition
c)Surplusincome
d)Allofthese
Answer: d) All of these
HARINI ACADEMY -9442387771
280.“Thepassivefirmis
doomed;theadaptive
firmmaysurviveand
innovativefirmshould
succeed.”Thisistheview
of
a)Stanton
b)Kotler
c)PeterDrucker
d)Fayol
Answer:
b) Kotler
HARINI ACADEMY -9442387771
281.Inoldendays,the
surplus goods were
exchangedintermsof
a)Commodities
b)Metal
c)Gold
d)Silver
Answer:
a) Commodities
HARINI ACADEMY -9442387771
282. Consumer
satisfactionwitnessedin
a)Bartersystem
b)Marketingorientation
c)Salesorientation
d)Noneofthese
Answer:
d) None of these
HARINI ACADEMY -9442387771
283.Thismarketdeals
withthepurchaseorsale
ofgoldandsilver
a)Produce exchange
market
b)Bullionmarket
c)Manufactured goods
market
d)Commoditymarket
Answer:
b) Bullion market
HARINI ACADEMY -9442387771
284.Thedealingstakeplace
between wholesalers or
betweenwholesalersand
retailersin
a)Primarymarket
b)Secondarymarket
c)Terminalmarket
d) Short period market
Answer:
b) Secondary market
HARINI ACADEMY -9442387771
286.Thepurposeof
businessistocreate
customer.Thisistheview
of
a)Kotler
b)BarkerandAnshen
c)PeterF.Drucker
d)Stanton
Answer:
c) Peter F. Drucker
HARINI ACADEMY -9442387771
287.Thesearedaily
necessitiesoflife.
a)Specialitygoods
b)Shoppinggoods
c)Conveniencegoods
d)Services
Answer:
c) Convenience goods
HARINI ACADEMY -9442387771
288.This approach
focusesoninterrelations
and interconnections
amongthefunctionsof
marketing.
a)Legalapproach
b)Managementapproach
c)Systemapproach
d)Economicapproach
Answer:
a) Legal approach
HARINI ACADEMY -9442387771
289.Thisisveryessential
for implementing
marketingconcept.
a)Innovation
b)Management
c)Controlling
d)Motivation
Answer:
a) Innovation
HARINI ACADEMY -9442387771
290.Marketingprocess
involves
a)Concentration
b)Dispersion
c)Equalisation
d) All of these
Answer:
d) All of these
HARINI ACADEMY -9442387771
292.The marketing
functionassumed a
managerial role to
coordinateallinteracting
businessactivitiesin
a)Salesorientation
b)Productionorientation
c)Consumerorientation
d) None of these
Answer:
d) None of these
HARINI ACADEMY -9442387771
293.Thisisanessential
conditionofperfectmarket.
a)Goodscanbemovedfrom
oneplacetoanotherplaced
withoutrestrictions
b)Pricesarenotuniform
c)Lackofcommunication
d)Productsaresimilarbut
notidentical
Answer: a) Goods can be
moved from one place to
another placed without
restrictions
HARINI ACADEMY -9442387771
295.Can ideas be
marketed?
a)Yes
b)No
c)Cannotsay
d)Brilliantideascanbe
marketed
Answer:
a) Yes
HARINI ACADEMY -9442387771
296.“Theendofallthe
marketing activitiesis
thesatisfactionofhuman
wants.”Thisistheviewof
a)BarkerandAnshen
b)Hansen
c)Stanton
d)Cundiff
Answer:
a) Barker and Anshen
HARINI ACADEMY -9442387771
297.Goodslikejewellery
andfurniturearecalled
a)Shoppinggoods
b)Conveniencegoods
c)Specialitygoods
d)Componentparts
Answer:
a) Shopping goods
HARINI ACADEMY -9442387771
298.Thisapproachfocuses
onecologicalfactors.
a)Legalapproach
b)Managementapproach
c)Societalapproach
d)Systemapproach
Answer:
c) Societal approach
HARINI ACADEMY -9442387771
299.In_______marketer
isprimarilyactinginthe
interestsofthetarget
society.
a)Demarketing
b)Socialmarketing
c)Remarketing
d) Meta marketing
Answer:
b) Social marketing
HARINI ACADEMY -9442387771
Prepared by
Dr.R. Sivaraj
M.Com., M.A., M.Phil., B.Ed., P.G.D.E.L.T.,
P.G.D.PM&IR., D.L.L &AL., UGC-NET., TN-SET., P.hD.
About Author
More than 25 years of teaching experience
Has created more than 50,000 MCQs
Authored the book ‘Objective Commerce for
TNPGTRB’ –Sura Publication, Chennai
For More MCQs and Practice download the app
Harini Academy
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app.in/app/home?orgCode=jodkb&referrer=utm_sourc
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HARINI ACADEMY -9442387771