Category: MKT205 0 MKT205 1 / 50 _________stated that capitalization deals with the capital structure of a business in relation to the amount of equity, its composition and changes in it. Check 2 / 50 ______is an individual who is known to the public as a partner but who does not take active part in the management of the firm. Check 3 / 50 The _________concept holds that the key achieving organizational goals consists in determining the needs and wants of target markets and delivering the desired satisfactions more effectively and efficiently than competitors Check 4 / 50 Hornby (2006) defined __________as the process or stimulating the interest of people to do something Check 5 / 50 A high level of Literacy rate is a major condition in _____________marketing Check 6 / 50 Capitalization of income, method of valuation is the procedure for determining the ____ Check 7 / 50 The ________concept holds that consumers, if left alone will ordinarily not buy enough of the organization’s products Check 8 / 50 ______________ refers to a short-term arrangement where both the buyer and seller have an interest in providing a more satisfying exchange. Joint Ventures Sole marketing Corporate marketing Relationship marketing 9 / 50 A _____is a credit granted to any business organisation with a view to defer payment for the goods received for a specific period of time. Check 10 / 50 ________ function is to provide logistics that delivers the products cost-efficiency on a timely basis. Marketing Sales Budgeting Quicksort 11 / 50 _________is the process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods and services to create exchanges that satisfy individual and organizational goals. Check 12 / 50 _________consists of members’ deposits, loan from cooperative banks, loan from government and trading credits. Check 13 / 50 ____________ is defined as those activities, benefits, or satisfactions which are offered services for sale, or are provided in connection with the sales of goods. Goods Services Budgeting Projections 14 / 50 _______is the type of structure much pronounced in the military organisation where scalar principle is practiced. Check 15 / 50 __________is defined as the act or process of growth, progress and improvement within a physical setting. Sorting Development Strategy Implementation 16 / 50 There are ______ steps in decision-making model. Check 17 / 50 Since no company can operate in every market and satisfy every need, there is need for market ________________. Compartment Division Segmentation Derivation 18 / 50 ____________is used when a new product is introduced into a market in which there are no competitors. Skimming pricing Inflation Laudable expenses Marketing strategies 19 / 50 Toyota and Honda companies use the ________concept for their brands of cars for Nigeria markets. Check 20 / 50 _____________ concept indicates that consumers are primarily interested in product quality, and know the quality and feature differences amongst the competing products. programming Journal Quicksort Product 21 / 50 _________is an organisation where some specialist functions have developed. Check 22 / 50 ______ is the document that regulates the activities of the partnership business. Check 23 / 50 ______states that disinterest in the formal economy reflects the status of Nigeria's policies and tax regime, which have long been deemed detrimental to the growth of viable enterprises. Check 24 / 50 _______________concept believes that organizations, while focusing on consumer satisfaction, should reconcile such objective with social and environmental considerations. Budget expenditure Societal marketing Sale record Physical marketing 25 / 50 _________is made up of the share contribution of members plus the reserves of all types, undistributed profits and the members’ entrance fees Check 26 / 50 The three core areas of corporate strategy are strategic analysis, strategic development and ______ Check 27 / 50 The source of new product can either be internal or ______________. External Quicksort Subsided Additional 28 / 50 Services often cannot be separated from their__________. Providers Deliberations products Services 29 / 50 ____________is a pattern of living adopted by an individual. Lifestyle Deeds Behaviour Character 30 / 50 _____is the type of partner(s) who take active part in the formation, financing and management of the business. Check 31 / 50 Financial institutions because it has the same nature of service must be creative and ___________ to market needs. Responsive Corrective Preventive Productive 32 / 50 Financial institutions are most often described as being ________ in nature. Check 33 / 50 ___________concept believes that consumers can be induced to buy more through various sales stimulating devices. Displaying Budgeting Buying Selling 34 / 50 There are ______functions in marketing Check 35 / 50 ________partner is not involved in managing of the business and doesn’t receive salary Check 36 / 50 __________ differentiation is often adopted when a company is faced with competition. Product Services Resources Quicksort 37 / 50 ________________ should be done in such a way that the brand name must attract the attention of customers. Branding Promotion Advertising Labelling 38 / 50 _________theory is made up of motivator factors and hygiene factors Check 39 / 50 A _______is that who is active in the affairs of the business but not known to the public as a partner Check 40 / 50 A firm that uses ___________ sets a price only slightly higher than the cost of the product. Marketing management budget line Penetration strategy Sales promotion 41 / 50 Marketing came into Nigeria banks after ____ not in form of application of the marketing concepts but inform of advertising and after promotional concepts. Mid 90s Mid-60s Mid-80s Mid-70s 42 / 50 The ______concept holds that consumers would favour products that are available and highly affordable. Check 43 / 50 Financial services are the economic services providers by the ________. Capital industry Marketing Financial industry Production industry 44 / 50 ________aims at dividing a large heterogeneous market into homogenous groups or segments, and developing a marketing mix that will appeal directly and efficiently to buyers in each. Check 45 / 50 In _____ the marketer offers one product or uses one blend of marketing mix to serve the whole market. Check 46 / 50 _______is an association of two to twenty persons carrying on a business in common with the view of making profit Check 47 / 50 ______theory is made up of physiological, safety or security, social affiliation, esteem and self- actualization needs), Check 48 / 50 The first step in the marketing process is ________ Essential capital Conditional analysis marketing Budget control Situation analysis marketing 49 / 50 _______________ is defined as anything that has the capacity to produce the satisfaction use or perhaps, the profit desired by the customerâ€. domentation product program deduction 50 / 50 ________ provides value for the people involved in the organisation Check Restart quiz Rate this quiz Send feedback