Question: 1) Although promotion as a marketing tool may have multiple goals but the most common goal for most companies is _____________. providing information building goodwill
1) Although promotion as a marketing tool may have multiple goals but the most common goal for most companies is _____________.
providing information
building goodwill
differentiating the product
increasing primary demand
2) Integrated marketing communications would include all of the following EXCEPT __________.
direct mail
sales promotion
public relations
distribution
3)
The most basic form of promotion is ___________.
order processing
creative selling
advertising
Public relations
4)
A company includes an "instant coupon" as part of a product's packaging, giving the buyer a reduction off the retail price. What is the compay attempting to do?
Do market research
Increase sales
accentuate value
test market
5)An airline advertises a low fare for flights between Chicago and Los Angeles. However, to get the ow fare you have to leave before 7:00 am or after 9:00 pm. What is the airline's promotional objective?
Accentuate the product's value
Provide information
Stabilize sales
Differentiate the product
6)Chloe and Lawrence are opening a new spa and have a limited marketing budget. They decide to utilize _______________ by offering $2 chair massages outside a corporate off cie lobby to attract new customers.
trade promotion
institutional advertising
personal selling
guerilla marketing
7)
Learning the best practices of the best companies is an approach referred to as _______.
benchmarking
performance appraisal
orientation
management development
8)
Comparative advertising is a form of ________ advertising.
corporate
persuasive
inflective
reminder-oriented
9)
________ is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.
Marketing
Market segmentation
Consumer behavior
Marketing research
10)
Place Utility is created ___________.
when arrangements for the transfer of title from Seller to Buyer are made.
by having the good or service available at a convenient location for the customer.
when the product is made available at a time that is convenient for the customer.
when the factory converts raw materials into finished products
11)
The Era in marketing history characterized by the idea that creative advertising would convince consumers to purchase a product is known as the ___________ era.
Relationship
Marketing
Production
Sales
12)
Sweet Dream Confectioners uses the same ingredients as most other producers of chocolate candies. In fact, taste tests suggest that the candy itself, while quite good, isn't much better than other well-known brands of chocolate. However, the company wraps its candies in expensive looking foil and places them in very attractive boxes. It promotes its products in advertisements as "the ultimate in chocolate experience." Sweet Dream charges a much higher price than most competitors, but sales continue to grow. This success indicates that:
consumers always behave in an irrational manner
there is more to the total product off than just the physical good.
consumers seldom consider price when making buying decisions for goods such as chocolate
chocolate is best classified as a convenience product.
13)
A leading manufacturer of exercise bicycles ran a full page advertisement in a health magazine comparing the price of their bicycle with that of a competitor. The manufacturer is using __________
advocacy advertising
comparative advertising
reminder-oriented advertising
a pushing strategy
advocacy advertising
14)
Television is an ttractive advertising medium because it ______________.
is relatively inexpensive
offers a rapidly growing network audience
offers mass coverage and flexibility
provides instant feedback which can be used to measure effectiveness.
15)Samples are particularly useful in promoting _______________.
concepts
services
new products
expensive products
16)The term Product Life Cycle refers to:___________.
The amount of marketing dollars necessary to get a new product off the ground.
The process where a product moves from introduction to growth to maturity to decline as new products come in to replace it.communication
The amount of time an advertising campaign will have a residual affect on sales.teamwork
The process of brainstorming to come up with new products.
17)
Sales personnel employed by companies to provide free technical assistance are primarily involved in ________________.
non-personal selling
creative selling
missionary selling
order processing
18)
Which of the following is the first step in developing a marketing strategy.
Identify a target market
Develop a prototype
Decide how to promote the product
Implement the appropriate distribution system
19)
Attracting attention, describing contents, explaining benefits and identifying the uses of product are all functions of ________________.
target marketing
Universal Product Codes
packaging
market segmentation
20)
The value or want-satisfying power of a good or service is called ___________.
utility
ownership
worth
quality
21)
Guardian uses raw materials and other inputs to make glass. Through the production process, Guardian is creating _________________.
time utility
production utility
form utility
ownership utility
22)
_________ is the use of people and machinery to convert materials into finished goods or services.
Measurement
Production
Distribution
Marketing
23)
What is the task of production and operations management?
To determine the most economical routes for transporting products.
To manage the use of people and machinery in converting materials and resources into finished goods and services
To manage the use of people and other resources in the development of distribution channels and promotional strategies
To design systems that wil provide management wit information useful in decision making.
24) A production system that reduces raw materials to its component parts is
a synthetic production system
intermittent production system
analytic production system
flexible production system
25)Which production system is Smith Kline Beecham using when it combines calcium carbonate, simethicone, and other ingredients to make Tums?
A service system
An analytic system
A synthetic system
an extractive system
26)
The process that enables engineers to design parts and buildings on computer screens is _________.
CAD
CAM
CGD
CMA
27)
Brand equity means _____________.
The registration of a brand with the Trademark Office
The total packet of attributes associated with a brand
The use of a logo as well as a name to identify a product
The extra value associated with a product because of its brand name.
28)
How can a business best guard against a interruption in the supply of parts?
Transport the parts in its own transport vehicles
Select suppliers through a competitive bidding process
Use suppliers that are hungry for customers
Maintain more than one supply source,
29)
Which is the first step in the production control process?
Dispatching
Routing
Scheduling
Planning
30)
The first step in the Product Life Cycle is______________.
Maturity
Decline
Introduction
Retrenchment
31)
In order to succeed, ___________ must serve customer needs.
businesses
not-for-profit organizations
government
all organizations
32)
convenience store offers ____ utility by being open 24 hours each day.
time
form
place
ownership
33)
In personal sales prospecting refers to ______________.
Choosing a target market
Finding and qualifying sales leads
Evaluating utility offerings
None of the above
34)
The utility created when a car dealership pre-approves credit to minimize the paperwork upon purchase of a car is ________________.
place utility
form utility
time utility
ownership utility
35)
Susan is in charge of developing the campaign literature of a candidate for county commissioner. Susan is involved in what kind of marketing?
Person
place
idea
cause
36)
Brand preference means.
A customer usually purchases a product only after lengthy research
A consumer will only by their preferred brand of a product
All things being equal a consumer will purchase one brand over an other.
A consumer will pick any brand available
37)A combination of a business' product, distribution (place), promotion, and pricing strategies focused on selected consumer segements is known as _____________.
consumer behavior
the marketing mix
the marketing equation
market segmentation
38)
__________ focuses on personal selling, advertising, sales promotion tools, and public relations to produce effective comunication between the company and the marketplace
Pricing strategy
Promotional strategy
Distribution strategy
Product strategy
39)
The most basic way of segmenting the entire market is:
geography
sales to consumers or sales to business
demographics
psychographics
40/)
Competitive pricing strategy means _____________.
Keeping prices low to gain market share
Pricing focusing on pricing of competitors
pricing based on skimming large profit margins
Pricing based on prestige
41)
Consumer products are usually classified as _________________.
expense items and capital items
convenient products and supply items
convenience products, shopping products, and specialty products.
capital items, communication items, and spectacular items.
42)
Products that consumers purchase frequently, immediately, and with little thought are ___________.
convenience goods
shopping goods
specialty goods
capital goods
43)
____________ is a marketing intermediary that sellsdirectly to the consumer.
channel captain
wholesaler
secondary marketer
retailer
44)
A combination of product lines makes up a company's ________________ .
product mix
product cluster
product confluence
distribution strategy
45)
The "Close" is the final step in the personal sales process.
True
False
46)
In a process called ____________ a product passes through a series of stages from its initial appearance to its decline.
wheel of retailing
promotional cycle
pricing cycle
product life cycle
47)
All of the following are characteristics of effective brand names EXCEPT _____________.
brand names should be easy to pronounce
brand names should be very long
brand names should be easy to remember
brand names should be recognizable
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