Bank of Baroda Bank PO Exam Paper with Solutions 2021-Part 2

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Market information denotes-

  1. Knowledge of Industries
  2. Knowledge of Industries
  3. Knowledge of households
  4. Knowledge of customer՚s needs
  5. AII of these

Answer: 4

‘Customization’ means-

  1. Adding more customers
  2. Customers selling goods
  3. Unhappy customer
  4. Tailor-made products for each customer
  5. All of these

Answer: 4

Target groups can be identified … Find the incorrect answer.

  1. Data Mining
  2. Data warehousing
  3. market Survey
  4. market Research
  5. Market Segmentation

Answer: 1

Proper identification of target group helps in-

  1. Better lead generation
  2. More calls per day
  3. More profile
  4. All of these
  5. None of these

Answer: 1

Generation of sales leads presupposes-

  1. Personal and professional contacts
  2. Profile fitting
  3. Data Mining
  4. All of these
  5. None of these

Answer: 4

Lead generation is followed by-

  1. personal Calls
  2. Presentation
  3. product designs
  4. Market segmentation
  5. None of these

Answer: 4

Market segmentation involves-

  1. Dividing the salesmen into homogeneous groups
  2. Dividing the employees into talent groups
  3. Dividing the products
  4. Measuring he service level
  5. None of these

Answer: 1

Market segmentation can be resorted to by way of-

  1. Segmenting geographically
  2. Segmenting by age
  3. Segmenting by income
  4. Only A and B
  5. All A, B and C

Answer: 5

Market segmentation is useful for-

  1. Targeting existing clients
  2. Identifying prospects
  3. preferential marketing
  4. Internal marketing
  5. All of these

Answer: 2

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