Amity University Programs Overview
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Questions and Answers

What is the most basic determinant of a person's wants and behavior?

  • Culture (correct)
  • Reference Groups
  • Subculture
  • Social Class
  • What is the term used for a product sought by a person familiar with the commodity and willing to make a special effort to obtain it?

  • Industrial Goods
  • Specialty Goods (correct)
  • Shopping Goods
  • Convenience Goods
  • Which marketing philosophy suggests that consumers will favor products offering the best quality, good performance, and innovative features?

  • Product Concept (correct)
  • Production Concept
  • Marketing Concept
  • Selling Concept
  • What is the key difference between marketing research and marketing intelligence systems?

    <p>Marketing research is focused, marketing intelligence is not.</p> Signup and view all the answers

    Which of Maslow's needs is categorized as the most basic and essential for survival?

    <p>Physiological Needs</p> Signup and view all the answers

    What is the distinguishing characteristic of a reference group that has a direct influence on a person?

    <p>Membership</p> Signup and view all the answers

    Which type of buying behavior is characterized by high involvement and significant differences between brands?

    <p>Complex Buying Behavior</p> Signup and view all the answers

    Which of the following is a crucial factor that influences the consumer buying decision process?

    <p>All of the above</p> Signup and view all the answers

    What is the primary goal of marketing according to the value-based pricing strategy?

    <p>Creating customer value</p> Signup and view all the answers

    Which pricing strategy involves setting a relatively high initial price and gradually lowering it over time?

    <p>Price Skimming</p> Signup and view all the answers

    Which pricing technique is most often used when dealing with high-risk products or when there is limited information on demand and costs?

    <p>Cost-Plus Pricing</p> Signup and view all the answers

    What is the primary goal of integrated marketing communication (IMC)?

    <p>Creating a consistent brand image</p> Signup and view all the answers

    Which of the following is considered a major force driving the expansion of supply chain management?

    <p>All Of the above</p> Signup and view all the answers

    Which of the following is NOT a common method for setting the total promotion budget?

    <p>Objective-and-Task Method</p> Signup and view all the answers

    What is the primary function of a marketing channel?

    <p>To make products and services available to customers</p> Signup and view all the answers

    Which type of marketing system involves one channel member who owns the other participants or enables franchising, ensuring greater control over the execution?

    <p>Vertical Marketing System</p> Signup and view all the answers

    What is the primary goal of market logistics?

    <p>To manage the movement of goods from point of origin to customer</p> Signup and view all the answers

    Which of the following is NOT a key element of the marketing communication mix?

    <p>Market Segmentation</p> Signup and view all the answers

    The ‘affordable method’ of setting a promotion budget completely ignores the effect of promotion on sales volume.

    <p>True</p> Signup and view all the answers

    Which type of retailer is most likely to carry a wide variety of food, laundry, and household products at low prices?

    <p>Supermarket</p> Signup and view all the answers

    The primary goal of a business is to maximize its profits.

    <p>False</p> Signup and view all the answers

    The marketing process starts before physical distribution.

    <p>True</p> Signup and view all the answers

    The concept of market segmentation is mainly applicable to consumer markets, not to industrial markets.

    <p>False</p> Signup and view all the answers

    Which step in the new-product development process involves assessing the new product’s potential sales, profits, growth rate, and competitive strengths?

    <p>Business Analysis</p> Signup and view all the answers

    Which of the following is NOT a common product strategy for extending the product life cycle?

    <p>Reducing the price</p> Signup and view all the answers

    Which step in the pricing process involves determining the minimum sales volume needed at a certain price to cover all costs?

    <p>Breakeven Analysis</p> Signup and view all the answers

    Which pricing strategy is suitable for products that are considered essential or where consumers are willing to pay a premium for the latest offering?

    <p>Price Skimming</p> Signup and view all the answers

    Which of the following is NOT a common trap that organizations may fall into when lowering prices?

    <p>High Price Trap</p> Signup and view all the answers

    What are the key components of a product mix?

    <p>Width, Length, Depth, and Consistency</p> Signup and view all the answers

    What is the primary role of packaging in the modern marketing environment?

    <p>All of the above</p> Signup and view all the answers

    Which of the following is a common example of industrial goods?

    <p>A Factory</p> Signup and view all the answers

    What is the major difference between wholesalers and retailers?

    <p>All of the above</p> Signup and view all the answers

    What is a key trend in the modern wholesaling environment?

    <p>All of the above</p> Signup and view all the answers

    Which of the following is NOT a common example of a retailer?

    <p>Manufacturing Plant</p> Signup and view all the answers

    Study Notes

    Programs Offered

    • Amity University offers a variety of Post Graduate, Diploma, and Undergraduate programs.
    • These programs include business administration, computer applications, commerce (financial management/financial technology), journalism and mass communication, economics, public policy and governance, social work, English, information technology, and environmental science.
    • Diploma programs include management, logistics, machine learning and artificial intelligence, and data science.
    • Undergraduate programs include business administration, computer applications, commerce, journalism and mass communication, general studies, political science, economics, English, sociology, social work, and science.

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    Description

    Explore the diverse range of programs offered at Amity University, from undergraduate degrees to postgraduate and diploma courses. This quiz covers fields such as business, computer science, journalism, and environmental science, allowing you to understand the educational opportunities available.

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