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Exam: AIIMS
QID #1333 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 3: Marketing Mix Chapterwise Test Easy

External environment factors are generally:

Correct Answer: A. Uncontrollable
External factors such as economy, competition and law are generally uncontrollable.
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QID #1332 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 3: Marketing Mix Chapterwise Test Easy

Marketing mix variables are generally:

Correct Answer: A. Controllable variables
The 4Ps are controllable tools used by marketers.
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QID #1331 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 3: Marketing Mix Chapterwise Test Easy

The main purpose of marketing mix is to:

Correct Answer: A. Create a suitable offer for target customers
Marketing mix combines controllable variables to satisfy target customers.
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QID #1330 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 3: Marketing Mix Chapterwise Test Easy

Which of the following is not a traditional 4P?

Correct Answer: D. People
People is part of the extended services marketing mix, not the traditional 4Ps.
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QID #1329 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 3: Marketing Mix Chapterwise Test Easy

Promotion refers to:

Correct Answer: A. Communication with target customers
Promotion includes advertising, sales promotion, PR and personal selling.
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QID #1328 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 3: Marketing Mix Chapterwise Test Easy

Place in marketing mix is related to:

Correct Answer: A. Distribution and availability
Place refers to channels and distribution decisions.
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QID #1327 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 3: Marketing Mix Chapterwise Test Easy

Price refers to:

Correct Answer: A. Amount paid by customer to obtain the product
Price is the money or value exchanged for a product.
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QID #1326 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 3: Marketing Mix Chapterwise Test Easy

Product in the marketing mix refers to:

Correct Answer: A. Goods, services or ideas offered to satisfy needs
Product includes anything offered to satisfy a need or want.
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QID #1325 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 3: Marketing Mix Chapterwise Test Easy

The traditional 4Ps of marketing include:

Correct Answer: A. Product, Price, Place and Promotion
The 4Ps are Product, Price, Place and Promotion.
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QID #1324 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 3: Marketing Mix Chapterwise Test Easy

Marketing mix is commonly known as:

Correct Answer: A. 4Ps
The traditional marketing mix is known as the 4Ps.
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QID #1323 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 2: Marketing Orientation Chapterwise Test Easy

Marketing orientation helps a company to:

Correct Answer: A. Match offerings with customer expectations
Marketing orientation helps align products and services with customer expectations.
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QID #1322 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 2: Marketing Orientation Chapterwise Test Easy

Customer loyalty is mainly created by:

Correct Answer: A. Consistent value and satisfaction
Loyalty comes from repeated satisfaction and value delivery.
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QID #1321 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 2: Marketing Orientation Chapterwise Test Easy

Which orientation is most useful for long-term business growth?

Correct Answer: A. Marketing orientation
Customer-focused marketing orientation supports long-term growth.
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QID #1320 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 2: Marketing Orientation Chapterwise Test Easy

A marketing-oriented firm first asks:

Correct Answer: A. What do customers need?
Marketing orientation starts by identifying customer needs.
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QID #1319 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 2: Marketing Orientation Chapterwise Test Medium

The inside-out approach is related to:

Correct Answer: A. Selling concept
Selling concept starts with the existing product and tries to sell it.
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QID #1318 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 2: Marketing Orientation Chapterwise Test Medium

The outside-in approach is related to:

Correct Answer: A. Marketing concept
Marketing concept uses an outside-in approach starting from market needs.
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QID #1317 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 2: Marketing Orientation Chapterwise Test Easy

A customer-driven company normally uses:

Correct Answer: A. Market research and feedback
Market research helps understand customer needs and expectations.
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QID #1316 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 2: Marketing Orientation Chapterwise Test Easy

The best measure of marketing orientation success is:

Correct Answer: A. Customer satisfaction and loyalty
Customer satisfaction and loyalty show successful market orientation.
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QID #1315 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 2: Marketing Orientation Chapterwise Test Easy

Which orientation focuses mainly on promotion and sales pressure?

Correct Answer: A. Selling orientation
Selling orientation relies heavily on sales effort and promotion.
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QID #1314 AIIMS LPU MBA – EMKT503 (Marketing Management) Test Series LPU MBA EMKT503 Unit 2: Marketing Orientation Chapterwise Test Easy

Which orientation focuses mainly on internal efficiency?

Correct Answer: A. Production orientation
Production orientation focuses on efficiency, scale and low cost.
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