MCQ Questions on Physical Distribution and After Related: Chapter 11 - Marketing Management (Class Notes), BST, Class 12, CBSE

Physical distribution is an important aspect of marketing management, as it involves the movement of goods from the manufacturer to the end consumer. Here are some MCQ questions on physical distribution and after related to Chapter 11 - Marketing Management (Class Notes), BST, Class 12, CBSE:

1. What is physical distribution?
a. The movement of goods from the manufacturer to the end consumer
b. The process of advertising products to potential customers
c. The method of pricing products to maximize profits
d. The way in which products are designed to meet customer needs

Answer: a. The movement of goods from the manufacturer to the end consumer

2. What are the three primary functions of physical distribution?
a. Transportation, warehousing, and inventory management
b. Advertising, pricing, and product design
c. Promotion, sales, and customer service
d. Market research, new product development, and branding

Answer: a. Transportation, warehousing, and inventory management

3. What is the purpose of transportation in physical distribution?
a. To store goods until they are needed by customers
b. To keep track of inventory levels
c. To move goods from one location to another
d. To promote products to potential customers

Answer: c. To move goods from one location to another

4. What is the purpose of warehousing in physical distribution?
a. To transport goods from one location to another
b. To keep track of inventory levels
c. To store goods until they are needed by customers
d. To promote products to potential customers

Answer: c. To store goods until they are needed by customers

5. What is the purpose of inventory management in physical distribution?
a. To transport goods from one location to another
b. To keep track of inventory levels
c. To store goods until they are needed by customers
d. To promote products to potential customers

Answer: b. To keep track of inventory levels

6. What is the difference between physical distribution and logistics?
a. There is no difference between physical distribution and logistics
b. Logistics involves only transportation, while physical distribution involves transportation, warehousing, and inventory management
c. Physical distribution involves only transportation, while logistics involves transportation, warehousing, and inventory management
d. Logistics involves the movement of goods within a company, while physical distribution involves the movement of goods from the manufacturer to the end consumer

Answer: d. Logistics involves the movement of goods within a company, while physical distribution involves the movement of goods from the manufacturer to the end consumer

In conclusion, physical distribution is an important aspect of marketing management, as it involves the movement of goods from the manufacturer to the end consumer. The primary functions of physical distribution are transportation, warehousing, and inventory management. Logistics is a related concept that involves the movement of goods within a company.

Things that are resources owned by a company and which have future economic value that can be measured and can be expressed in dollars. Examples include cash, investments, accounts receivable, inventory, supplies, land, buildings, equipment, and vehicles.

Assets are reported on the balance sheet usually at cost or lower. Assets are also part of the accounting equation: Assets = Liabilities + Owner's (Stockholders') Equity.

Some valuable items that cannot be measured and expressed in dollars include the company's outstanding reputation, its customer base, the value of successful consumer brands, and its management team. As a result these items are not reported among the assets appearing on the balance sheet.