AQAALevelBusiness Year1(AS) MultipleChoiceQuestionTestBank _____________________________________________ 3.3DECISION-MAKINGTOIMPROVEMARKETING PERFORMANCE MCQTest1 ThisMCQtestcontains15questionscoveringthespecification contentfor3.3Decision-makingtoImproveMarketingPerformance. Thequestionsaredrawnfromthefullteachingcontentofthissectionofthe specification. 3.3DECISION-MAKINGTOIMPROVEMARKETINGPERFORMANCE:MCQTEST1 Instructions: • There are 15 questions in this test • Your teacher will determine how long you have to complete this test and under what conditions • Only one answer per question is allowed. • For each answer completely fill in the circle alongside the appropriate answer. • If you want to change your answer you must cross out your original answer. • If you wish to return to an answer previously crossed out, ring the answer you now wish to select. 0 1 Marketingobjectivesconcernedwithafirm'ssizearenormallymeasuredintermsof: A Marketshareandcashflow 5 B Profitandcashflow 5 C Salesandmarketshare 5 D Brandloyaltyandcustomerservice 5 0 2 A Stablemarketshares 5 B Rapidtechnologicalchange 5 C Consistentlylowmarketgrowth 5 D Highlevelsofcustomerloyalty 5 0 3 A Ittakestimetocollectandanalysetherawdata 5 B Surveyrespondentsoftendonotunderstandthequestions 5 C Itcanbeout-of-dateornotdirectlyrelevant 5 D Secondaryresearchissubjecttosamplebias 5 1mark Whichoftheseconditionsinamarketorindustrywouldmakeithardertosetrealistic marketingobjectives? 1mark Acommondrawbackofusingsecondarymarketingresearchisthat: CopyrightTutor2uLimited2016AllRightsReservedwww.tutor2u.net 1mark 3.3DECISION-MAKINGTOIMPROVEMARKETINGPERFORMANCE:MCQTEST1 0 4 Whichofthefollowingisareasonwhysamplingisusedforprimarymarketingresearch? A Itismorecostlytosurveyjustasample 5 B Withoutasample,theresearchresultsareinvalid 5 C Itisillegaltosurveyeveryoneinatargetmarket 5 D Agoodsamplecanrepresentthewholepopulation 5 0 5 A Confidenceinterval 5 B Positivecorrelation 5 C Lineofbestfit 5 D Regressioncoefficient 5 0 6 A Positivecorrelation 5 B Strongcorrelation 5 C Negativecorrelation 5 D Weakcorrelation 5 0 7 1mark Thepercentageprobabilitythatanestimatedrangeofpossiblevaluesinfactincludesthe actualvaluebeingestimatedisknownasthe: 1mark Whatkindofcorrelationwouldbemostusefulifabusinesswishestousetheconceptto helpproducemorereliablemarketingforecasts? 1mark Basedonthemarketdatacontainedinthetablebelow,whatistheforecastmarketsizein 2016ifthemarketsizein2014was£6,000,000? Year Index(2014=100) 2014(Actual) 100(Actual) 2015(Actual) 106(Actual) 2016(Forecast) 117(Forecast) 5 A £6,600,000 5 B £7,020,000 C £6,540,000 5 D £4,980,000 5 CopyrightTutor2uLimited2016AllRightsReservedwww.tutor2u.net 1mark 3.3DECISION-MAKINGTOIMPROVEMARKETINGPERFORMANCE:MCQTEST1 0 8 BusinessXhasamarketshareof24%inamarketwheretotalsalesare£8,000,000per year.Ifthemarketgrowsby10%nextyearbutBusinessXsalesstaythesame,whatwillits newmarketsharebe? 5 A 21.8% B 22.6% 5 C 18.2% 5 D 25.6% 5 0 9 A Onlineadvertising 5 B Sponsorship 5 C Publicrelations 5 D Personalselling 5 1 0 A Introduction/launch 5 B Growth 5 C Maturity 5 D Decline 5 1 1 A Lowerunitcosts 5 B Increasedcompetition 5 C Highercustomerloyalty 5 D Lowergrossprofitmargins 5 1mark Whichofthesemethodsofpromotionmainlyinvolvesface-to-facecommunicationwith customers? 1mark Thecashflowsfromaproductaremostlikelytobenegativeduringwhichphaseofthe productlifecycle? 1mark Alikelybenefitofabusinessachievingsuccessfulproductdifferentiationis: CopyrightTutor2uLimited2016AllRightsReservedwww.tutor2u.net 1mark 3.3DECISION-MAKINGTOIMPROVEMARKETINGPERFORMANCE:MCQTEST1 1 2 Thefollowingareallexamplesofdemographicmarketsegmentationexceptwhichone? A Gender 5 B Age 5 C Ethnicity 5 D Frequencyofuse 5 1 3 A Demanddecreasesby1.6% 5 B Demandincreasesby8% 5 C Demanddecreasesby5% 5 D Demanddecreasesby8% 5 1 4 A Sellingprice+marketdemand 5 B Shareprice+marketshare 5 C Marketprofits+cashflow 5 D Marketshare+marketgrowth 5 1 5 A Establishedproductatthematurestageofitslifecycle 5 B Newproductwithuniquefeatures 5 C Productthatcanbebulkbought 5 D Productattractivetoprice-consciouscustomers 5 1mark Abusinesshasasingleproductwhichitbelieveshasapriceelasticityofdemandof-1.6.If thebusinessdecidestoincreasethesellingpriceoftheproductby5%thelikelyeffectis: 1mark WhatvariablesdoestheBostonMatrixanalyse? 1mark Whichoftheseproductswouldbemostlikelytobenefitfromapriceskimmingstrategy? CopyrightTutor2uLimited2016AllRightsReservedwww.tutor2u.net 1mark 3.3DECISION-MAKINGTOIMPROVEMARKETINGPERFORMANCE:MCQTEST1 ANSWERSTOTHISMCQTEST Q CORRECT 1 2 3 4 5 6 7 C B C D A B B 8 9 10 11 12 13 14 15 A D A C D D D B CopyrightTutor2uLimited2016AllRightsReservedwww.tutor2u.net
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