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New Product Development

According to promotional mix, the method which follows corporate image building, handling unfavorable events and stories to get favorable publicity is called?

A. sales promotion
B. personal selling
C. public relations
D. advertising

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MnM’s prepares special ads and packaging of chocolate candies for Christmas, Easter and Halloween is an example of?

A. geographic segmentation
B. income segmentation
C. psychographic segmentation
D. occasion segmentation

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The major media channels such as print, display, online and broadcast are classified as?

A. non-personal communication channels
B. non-emotional communication channels
C. personal communication channels
D. irrational communication channels

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In product life cycle, the stage in which sales are zero is classified as?

A. product development stage
B. maturity stage
C. growth stage
D. decline stage

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The customers in the decline stage are classified as?

A. innovators
B. early adopters
C. middle majority
D. laggards

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The method of managing promotional budget to match the outlays of competitors is called?

A. percentage of sales method
B. affordable method
C. competitive parity method
D. objective and task method

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The clothing lines distribution as casual clothes and formal clothes is a classic example of?

A. styles
B. fashion
C. norms
D. followers

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The sales of market offering in growth stage of product life cycle are recorded as?

A. low sales
B. rapidly rising sales
C. peak sales
D. declining sales

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The tests in test marketing are?

A. controlled test markets
B. simulated test markets
C. free test markets
D. both a and b

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The ‘marketing strategy statement’ third part consists of?

A. target market
B. planned value proposition
C. sales, profit goals, market share
D. developing mission statement

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