Marketing Fundamentals Quiz

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Questions and Answers

What kind of product can benefit from branding and positioning, despite having few features to differentiate?

  • Smartphone
  • Automobile
  • Bottled water (correct)
  • Laptop

How is the Indian pharmaceutical market typically segmented?

  • Geographic regions
  • Therapeutic verticals (correct)
  • Age groups
  • Revenue levels of companies

What is the higher-order goal of futuristic marketing?

  • Create a new market
  • Share the market
  • Size the market
  • Shape the market (correct)

What type of marketing adds strength and sustainability to a company's marketing efforts?

<p>Socially oriented marketing (B)</p> Signup and view all the answers

In which industry is eMaaS (Mobility as a Service) a servitization model?

<p>Transport (A)</p> Signup and view all the answers

Under a servitization model, who retains ownership of the product?

<p>Product providers (C)</p> Signup and view all the answers

What sales and marketing model are many FMCG companies exploring with digitization?

<p>Direct to Consumer (D2C) (B)</p> Signup and view all the answers

What should a company consider before increasing or decreasing prices?

<p>All the above (D)</p> Signup and view all the answers

What is the concept of experience curve or learning curve related to?

<p>Reduction in production costs (D)</p> Signup and view all the answers

What is the primary goal of a company's marketing efforts?

<p>To shape the market (C)</p> Signup and view all the answers

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