MANAGEMENT
PRACTICE 2026-
VERSION WITH
QUALITY QUESTIONS
AND VERIFIED
ANSWERS 100%
CORRECT WITH
RATIONELS.
,1. What is the core concept of
marketing?
A. Selling products
B. Making profit
C. Satisfying customer needs
D. Advertising products
Answer: C
Rationale: Marketing focuses on
identifying and satisfying customer
needs profitably.
2. The 4Ps of marketing are also known
as:
,A. Marketing mix
B. Market segmentation
C. Branding tools
D. Sales strategy
Answer: A
Rationale: Product, Price, Place,
Promotion form the marketing mix.
3. Market segmentation means:
A. Increasing production
B. Dividing market into groups
C. Reducing costs
D. Selling globally
Answer: B
, Rationale: Segmentation divides
customers based on characteristics.
4. Target marketing refers to:
A. Selling to everyone
B. Choosing specific segments
C. Ignoring competitors
D. Mass production
Answer: B
Rationale: Firms select specific segments
to serve.
5. Positioning is:
A. Pricing strategy
B. Product storage