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ASRB NET and ARS / SMS / STO recruitment Marketing Management: practice questions

ASRB NET and ARS / SMS / STO recruitment · India · Agricultural Scientists Recruitment Board (ICAR)

Original practice questions written to the published syllabus · not past papers
10worked here, free
102written to this exam in this subject
15syllabus units

What this subject covers

General marketing theory, from segmentation and the marketing mix to pricing, channels and communication, applied to food and agricultural products.

In the exams: agribusiness management PhD entrance and fellowship examinations, marketing (heavy); agricultural scientist eligibility tests (present)

Where the 102 questions fall

How our questions for ASRB NET and ARS / SMS / STO recruitment spread across the units of Marketing Management. Difficulty: 1 easy, 66 medium, 35 hard.

Pricing objectives, methods and strategies12
Product classification, product life cycle and new product development8
Marketing communications and IMC8
Demand forecasting8
Marketing environment7
Segmentation, targeting and positioning7
The marketing mix7
Branding, packaging and labelling7
Channels and middlemen6
Marketing costs and margins6
Customer relationship management6
Cause-related marketing6
Marketing information systems5
E-marketing5
Marketing philosophies4

10 practice questions, worked

Choose an answer, then open the working. Each explanation says why the right answer is right and why the others are not.

1 · Marketing environment · medium

A food processor re-orders the same grade of edible oil from its approved supplier every month without review. In the buy-class framework this is a:

  1. New task
  2. Straight rebuy
  3. Modified rebuy
  4. Systems buying
Answer and working

B. Straight rebuy

A routine reorder from an approved supplier is a straight rebuy. A modified rebuy changes specifications, price or supplier; a new task buys something for the first time.

Further reading: Robinson, Faris and Wind, Industrial Buying and Creative Marketing, 1967

2 · Segmentation, targeting and positioning · medium

In positioning, associations that a brand must share with competitors to be considered a legitimate member of the category are called:

  1. Points of parity
  2. Points of difference
  3. Brand resonance
  4. Core competencies
Answer and working

A. Points of parity

Points of parity are necessary but not unique; points of difference are the attributes customers associate strongly with the brand and believe they cannot find to the same extent elsewhere.

Further reading: Kotler and Keller, Marketing Management

3 · The marketing mix · medium

Which set gives the five SERVQUAL dimensions?

  1. Reliability, assurance, tangibles, empathy, responsiveness
  2. Recognition, awareness, trust, esteem, resonance
  3. Reliability, accessibility, trust, efficiency, reputation
  4. Relevance, accuracy, timeliness, economy, reach
Answer and working

A. Reliability, assurance, tangibles, empathy, responsiveness

Parasuraman, Zeithaml and Berry reduced service quality to five dimensions, remembered as RATER. The other lists are invented or mix unrelated concepts.

Further reading: Parasuraman, Zeithaml and Berry, Journal of Retailing, 1988

4 · The marketing mix · hard

In the gaps model of service quality, the 'customer gap' between expected and perceived service is:

  1. Gap 1, between customer expectations and management perception
  2. Gap 3, between service specifications and delivery
  3. Gap 5, which is a function of Gaps 1 to 4
  4. Gap 4, between delivery and external communication
Answer and working

C. Gap 5, which is a function of Gaps 1 to 4

Gap 5 is the difference between expected and perceived service and results from the four provider gaps. Gap 1 concerns management's understanding of expectations.

Further reading: Parasuraman, Zeithaml and Berry, Journal of Marketing, 1985

5 · Product classification, product life cycle and new product development · medium

A seed company that already sells maize hybrids adds three more maize hybrids. In product-mix terms it has increased the mix's:

  1. Depth and length
  2. Consistency only
  3. Width and consistency
  4. Width
Answer and working

A. Depth and length

Adding variants within an existing line deepens it and adds to the total number of items (length). Width would rise only if a new product line, such as fertilisers, were added.

Further reading: Kotler and Keller, Marketing Management

6 · Branding, packaging and labelling · medium

A company sells three competing brands of cooking oil in the same category. This strategy is:

  1. Family branding
  2. Line extension
  3. Brand extension
  4. Multibranding
Answer and working

D. Multibranding

Multibranding introduces additional brands in the same category to occupy several positions, at the risk of each earning a small share.

Further reading: Kotler and Keller, Marketing Management

7 · Branding, packaging and labelling · hard

Which is the most likely reason a farm commodity such as undifferentiated wheat is hard to brand, while certified seed is easily branded?

  1. Trademark law forbids branding raw commodities
  2. Brands add value where they guarantee attributes the buyer cannot easily check, such as seed purity and germination
  3. Seed is a consumer good and wheat is an industrial good, and only consumer goods can legally carry a registered brand name
  4. Wheat has a longer product life cycle than seed
Answer and working

B. Brands add value where they guarantee attributes the buyer cannot easily check, such as seed purity and germination

A brand is a promise that reduces the buyer's risk; this is valuable for credence and experience attributes like germination and purity. Commodities are close substitutes, and trademark law does not forbid branding them.

Further reading: Kotler and Keller, Marketing Management

8 · Marketing communications and IMC · medium

A farm radio programme costs 150,000 for a slot reaching an audience of 500,000 listeners. What is the cost per thousand (CPM)?

  1. 3,333
  2. 3,000
  3. 300
  4. 0.30
Answer and working

C. 300

CPM = cost / audience x 1,000 = 150,000 / 500,000 x 1,000 = 300. 0.30 is the cost per single listener; 3,333 inverts the ratio. 3,000 multiplies by 10,000 instead of 1,000.

Further reading: Kotler and Keller, Marketing Management

9 · Marketing information systems · hard

Market share in kilograms sold is measured on which level of scale?

  1. Interval scale
  2. Nominal scale
  3. Ordinal scale
  4. Ratio scale
Answer and working

D. Ratio scale

Quantities sold have a true zero and equal intervals, so they are on a ratio scale. Interval scales lack a true zero; ordinal scales only rank.

Further reading: Kotler and Keller, Marketing Management

10 · E-marketing · medium

An agri-input website receives 40,000 visits from a campaign costing 150,000; 2.5 per cent of visits convert into orders. What is the cost per acquisition?

  1. 15
  2. 6,000
  3. 3.75
  4. 150
Answer and working

D. 150

Orders = 40,000 x 0.025 = 1,000. CPA = spend / customers acquired = 150,000 / 1,000 = 150. 3.75 is the cost per visit; 6,000 divides by 25 instead of 1,000. 15 converts 25 per cent of visits instead of 2.5 per cent.

Further reading: Kotler and Keller, Marketing Management

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Read the subject

Marketing ManagementThe full study manual, free ASRB NET and ARS / SMS / STO recruitmentFormat, sections and how it has changed

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Marketing Management for other exams

ICAR AICE-JRF/SRF · IndiaICAR AIEEA-PG · IndiaState agricultural university MBA admission · IndiaUGC-NET · India

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