Marketing MCQ
1. Pepsi-cola's development of wild cherry pepsi, a cherry-flavored soda, is an example of a ________.
Answer
Correct Answer:
Continuous Innovation
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2. Adding an 880 hz tone and a 1320 hz tone to a 440 hz tone will result in _____.
Answer
Correct Answer:
A complex tone
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3. Integrated marketing communication (imc) campaigns typically involve ______.
Answer
Correct Answer:
All of these
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4. In marketing research, interviewers submitting false data for surveys are said to be ____.
Answer
Correct Answer:
Curbstoning
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5. In the context of web 2.0, web apis enable the creation of ________.
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6. One percenters are an example of ________.
Answer
Correct Answer:
Income inequality.
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7. Information search is that stage of the buyer decision process in which the consumer __________.
Answer
Correct Answer:
Is motivated to search for more data on the product
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8. In terms of the amount of business conducted, the b2b market is _______ the u.s. consumer market.
Answer
Correct Answer:
Larger than
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9. The bargaining power of a customer is weak if ________.
Answer
Correct Answer:
The availability of a rival product is limited
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10. The average time it takes a help desk to respond to incidents is ____.
Answer
Correct Answer:
Wait time
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11. The attitude-toward-the-object model represents a _____ approach.
Answer
Correct Answer:
Compensatory
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12. Region and city size are both variables used to employ __________ segmentation.
Answer
Correct Answer:
Geographic
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13. Producing bills of materials is a business process within the ________ function.
Answer
Correct Answer:
Manufacturing and production
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14. Information, negotiation, finance, and risk taking are functions that occur in ________.
Answer
Correct Answer:
Both A and B
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15. In the context of communication styles, _____ are low on responsiveness but high on assertiveness.
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16. In recent years, today's marketers are also reexamining their ________ responsibilities.
Answer
Correct Answer:
Both ethical and societal
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17. In consumer markets, __________.
Answer
Correct Answer:
Purchases are often based on brand reputation with little or no product expertise
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18. Whereas ________ carry about 30,000 skus, ________ stock only about 1,500 skus.
Answer
Correct Answer:
Conventional supermarkets; extreme-value retailers
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19. Tim, a buyer for a large office complex, releases an rfp. an rfp is a(n) ____.
Answer
Correct Answer:
Request For Proposals
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20. A forester is _______
Answer
Correct Answer:
A person who manages and supervises land used for timber production
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21. The notes app on an iphone is an example of a(n) ________.
Answer
Correct Answer:
Personal information system.
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22. A good description requires_____.
Answer
Correct Answer:
Concrete sensory details
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23. The world trade organization is wholly dedicated to _____.
Answer
Correct Answer:
Making trade among nations more efficient
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24. A(n) _____ is needed to ensure that a buyer-seller relationship moves in a positive direction.
Answer
Correct Answer:
Statement of follow-up action
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25. Data gathered from trade journals, the census bureau and specialized research firms is _____ data.
Answer
Correct Answer:
Secondary.
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26. 1. a firm's marketing strategy identifies a firm's target market(s), its four ps, and _______.
Answer
Correct Answer:
A method of obtaining a sustainable competitive advantage
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27. The first step in global channel planning, as is often the case in marketing, is to ________.
Answer
Correct Answer:
Get close to customers
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28. The robinson-patman act does not include regulations that ________.
Answer
Correct Answer:
Apply to resellers.
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29. The first step in developing a relationship strategy is ________.
Answer
Correct Answer:
Adopting a win-win philosophy
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30. _____ helps in the prompt resolution of service issues.
Answer
Correct Answer:
Employee empowerment
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31. Attitude components tend to be _____.
Answer
Correct Answer:
Consistent
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32. _____ refers to exaggerated, subjective claims that can't be proven true or false.
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33. The price ceiling, the maximum price a company can charge, is set by ________.
Answer
Correct Answer:
Customer perceptions of the product's value
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34. When kinkos replenishes its supply of copy paper, it most likely involves a _____ situation.
Answer
Correct Answer:
Straight rebuy
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35. The most common cost-based approach to pricing is ________.
Answer
Correct Answer:
Demand-based pricing
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36. The ________ concept focuses on the future welfare of consumers and future company needs.
Answer
Correct Answer:
Sustainable marketing
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37. Search marketing attempts to generate traffic from ______ through both paid and unpaid efforts.
Answer
Correct Answer:
Search engines
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38. A(n) ________ reflects the general esteem given to the different roles of a person by society.
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39. Laws governing _____ offer the most striking differences between common-law and code-law systems.
Answer
Correct Answer:
International trade
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40. To track the number of video views on his website, anthony would set up a(n)______ goal.
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41. Women tend to seek assistance while shopping for electronics and rely more heavily on _______.
Answer
Correct Answer:
Word-of-mouth
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42. With the help of ________ systems, consumers can avoid watching ads.
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43. Volunteers belong to a company's ________ publics.
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44. Unlike the marketing concept, the sustainable marketing concept focuses on ________.
Answer
Correct Answer:
The future best interests of customers and the business
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45. Tide detergent, ralph lauren polo shirts, and hewlett-packard printers are all examples of _____.
Answer
Correct Answer:
National brands
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46. There are eight marketing reasons why a new product can fail. one of these is __________.
Answer
Correct Answer:
Having an insignificant point of difference
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47. The term big data refers to the ________.
Answer
Correct Answer:
Exponential growth of structured and unstructured data that are difficult to process using traditional database techniques
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48. The horizontal dimension in the vals framework is ________________________.
Answer
Correct Answer:
Naked solution
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49. The __________ monitors and remedies unfair trade methods.
Answer
Correct Answer:
Federal trade commission act
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50. The _____ authorizes the federal trade commission to restrict unfair or deceptive acts.
Answer
Correct Answer:
Wheeler-Lea Amendment
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51. Technology is a way of life for ________, the largest generational group.
Answer
Correct Answer:
Millennials
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52. Channel members are also known as _____.
Answer
Correct Answer:
Intermediaries or
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53. Capacity planning is complicated by the fact that ___________________.
Answer
Correct Answer:
Both a and b
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54. Capacity decisions at the strategic level include ____________________.
Answer
Correct Answer:
Investment in new facilities and equipment
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55. Bose promises "better sound through research." this is an example of ________.
Answer
Correct Answer:
Product differentiation
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56. Blood donations to the red cross are considered __________ products.
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57. Beverages that are high in sugar are called ________ products.
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58. Because of high ___________ retailers with low profit margins can still be attractive businesses?
Answer
Correct Answer:
Inventory turnover
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59. Basic price adjustments known as __________ are used to reward customers for certain responses.
Answer
Correct Answer:
Discounts and allowances
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60. An advantage that cannot be copied by the competition is called a(n) _____ competitive advantage.
Answer
Correct Answer:
Sustainable
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61. Among nonusers of fast-food restaurants, ____________ are more important than _________.
Answer
Correct Answer:
Prospects; nonprospects
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62. All of the following are ways to make waits more bearable except ____________.
Answer
Correct Answer:
Provide the customers with no explanation for the wait
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63. A(n) ___________ is a conscious choice from among two or more alternatives?
Answer
Correct Answer:
Decision.
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64. A(n) __________ is a marketing channel that has no intermediary level.
Answer
Correct Answer:
Administered vertical marketing system
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65. A _____ is formed by the merging of two previously separate units into a single household.
Answer
Correct Answer:
Blended family
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66. _____________ include retail and wholesale businesses.
Answer
Correct Answer:
Resellers
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67. __________ retailing refers to the creation of a seamless cross-channel buying experience.
Answer
Correct Answer:
Omni-channel
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68. __________ occurs when customers experience the company delivering on its brand promises.
Answer
Correct Answer:
Brand bonding
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69. __________ is not an example of a firms efforts toward greater sustainability.
Answer
Correct Answer:
Decreasing operational efficiencies
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70. __________ is a practice in which firms outsource marketing activities to a community of users.
Answer
Correct Answer:
Crowdsourcing
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71. ________ help companies reach many prospects that are not reached through their sales forces.
Answer
Correct Answer:
Trade shows
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72. _______ lowers the price of an item below the store's cost.
Answer
Correct Answer:
Loss leader pricing
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73. ______ segmentation delves into how consumers actually describe themselves.
Answer
Correct Answer:
Psychographic
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74. _____ is the phenomenon that occurs when expectations affect performance perceptions.
Answer
Correct Answer:
Confirmatory bias
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75. _____ includes media such as television, magazine, outdoor, radio, or newspaper advertising.
Answer
Correct Answer:
Paid media
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76. _____ are retailers that compete on the basis of low prices, high turnover, and high volume.
Answer
Correct Answer:
Discount stores
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77. ____ are more consumer-driven than traditional media.
Answer
Correct Answer:
Digital media
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78. The marketing funnel is used to break down consumers into different ____________________ stages.
Answer
Correct Answer:
Loyalty status
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79. Empty nesters tend to start dreaming of spending their greater discretionary income on ____.
Answer
Correct Answer:
Travel and hobbies
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80. When product is defined in a marketing context, it is _________.
Answer
Correct Answer:
The total product experience
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81. Tamara is searching for a new camera. this is a _____, so the entire process will take longer.
Answer
Correct Answer:
High-involvement purchase
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82. Two key types of synergies are __________.
Answer
Correct Answer:
Market and product synergies
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83. Tumi has a new ad to attract new customers. this ad is categorized as a(n) _______.
Answer
Correct Answer:
Enhance the positivity of the target segment's attitudes.
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84. The personality of a retail store is also called ________.
Answer
Correct Answer:
Store image
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85. Having a product or service where you want it is a function of __________ utility.
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86. Focus groups are typically used as a(n) __________ technique.
Answer
Correct Answer:
Exploratory
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87. Companies build associations to their brands through _____.
Answer
Correct Answer:
Classical conditioning
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88. B2c markets can be characterized as being more ________ than b2b markets.
Answer
Correct Answer:
Impersonal
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89. Aggressive pricing is typical during the ____ stage of the product life cycle.
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90. The institutions of the european union form a(n) _____ pattern.
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91. The proper attitude during closing should be viewed as a ________.
Answer
Correct Answer:
Strategic resource and partner for the customer
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92. Need satisfaction can be achieved through ________, or reminding.
Answer
Correct Answer:
informing, persuading
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93. Many ________ are playing a more active role in character development.
Answer
Correct Answer:
Colleges and universities
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94. With a _____, a firm produces standardized products to be sold the same way all over the world.
Answer
Correct Answer:
Global marketing standardization approach
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95. When compared to merchant wholesalers, brokers and agents ________.
Answer
Correct Answer:
Do not take title to goods
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96. _____ is a subset of supply chain management that focuses on tactics rather than on strategy.
Answer
Correct Answer:
Logistics
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97. Vals is the most widely used __________ segmentation tool.
Answer
Correct Answer:
Psychographic
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98. Ads based on a(n)________ appeal depend on logic and speak to the audience's intellect.
Answer
Correct Answer:
A rational
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99. Hospitals, schools, and religious organizations are examples of __________ buyers.
Answer
Correct Answer:
Institutional
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100. In the context of diffusion of innovation, the dominant value of laggards is _____.
Answer
Correct Answer:
Tradition
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101. In established businesses, a large proportion of b2b purchases fall into the __________ category.
Answer
Correct Answer:
Straight rebuy
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102. To a producer of goods, a greater number of channel levels means ________.
Answer
Correct Answer:
Less control
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103. Supervisory managers are charged with the planning in the __________ stage.
Answer
Correct Answer:
Operational planning
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104. Operational excellence refers to companies that ________.
Answer
Correct Answer:
Are good at production, delivery, price, and convenience
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105. National brands are also called _____.
Answer
Correct Answer:
Manufacturer's brands
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106. Multiple items marketed under the same brand name are called a __________.
Answer
Correct Answer:
Family brand
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107. Items such as sheet metal, treated lumber, corn syrup, and plastics are examples of _____.
Answer
Correct Answer:
Processed materials
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108. In advertising, puffery refers to ________.
Answer
Correct Answer:
Including innocent exaggeration for effect
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109. In a modified rebuy situation, __________ are likely to have an advantage in getting the order.
Answer
Correct Answer:
Current vendors
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110. Confirmation is the __________ stage in a consumers adoption of a new product.
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111. _____ is the strategy that uses technology to deliver customized services on a mass basis.
Answer
Correct Answer:
Mass standardization
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112. _____ is a customer's perception of how well a service meets or exceeds his or her expectations.
Answer
Correct Answer:
Service quality
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113. The receiver's response to a message is ____ for the source.
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114. The primary objective of ________ advertising is to build selective demand.
Answer
Correct Answer:
Persuasive
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115. The marketing process captures value from customers by __________.
Answer
Correct Answer:
Creating profits and customer equity
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116. The first part of a marketing strategy statement describes the ________ of a new product.
Answer
Correct Answer:
Target market
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117. Gatorade is classified as a(n) __________ brand.
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118. Conventions, trade shows, and sales contests are types of ________.
Answer
Correct Answer:
Business promotions
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119. Because not all managers have fine moral sensitivity, companies need to ________.
Answer
Correct Answer:
A total corporate commitment
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120. According to the video, goodwill has often had to cut prices due to poor ______ conditions.
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121. One major objective associated with a market-penetration pricing strategy is to ________.
Answer
Correct Answer:
Win a large market share
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122. An air mass originating in the gulf of mexico should be labeled ________.
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123. It is crucial to study ocean microbes because _______.
Answer
Correct Answer:
Coral and its organisms are valuable commodities in the aquarium industry.
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124. Critics charge that promotion adds only ________ to a product.
Answer
Correct Answer:
Psychological value
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125. "now availablethe latest fall fashions" is an example of a(n) __________ advertising message.
Answer
Correct Answer:
Informative
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126. Stores such as walmart, best buy, petsmart, david's bridal, and dsw shoes use ________ positioning.
Answer
Correct Answer:
Same for less
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127. One of the most effective ways to enable users to be more self-reliant is through a ____.
Answer
Correct Answer:
User training program
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128. Erp systems provide _____ and _____ benefits.
Answer
Correct Answer:
Tangible, intangible
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129. Mcdonald's organizes its marketing team to align with its ________.
Answer
Correct Answer:
Customer segments
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130. Most people would readily agree that the stock market is not _________.
Answer
Correct Answer:
Strong form efficient
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131. A good marketing manager knows that ______.
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Correct Answer:
Break-even analysis is useless for comparing pricing alternatives
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132. The __________ of a hotel should have the most effect on who services convention groups:
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133. Experimental research is best suited for gathering ________ information.
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134. The percentage of homes with sets in use (hut) tuned to a specific program is known as _____.
Answer
Correct Answer:
Audience share
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135. Tangible characteristics that customers can evaluate prior to purchase are termed ____________.
Answer
Correct Answer:
Search attributes
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136. Offering product extensions, service, and warranty is a product strategy in the __________ phase.
Answer
Correct Answer:
Growth stage
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137. _____ is a form of advertising designed to influence demand for a specific brand.
Answer
Correct Answer:
Institutional advertising
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138. The elimination of intermediate organizations between the producer and the consumer is called _____
Answer
Correct Answer:
Disintermediation
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139. _____ is characterized by intangible outputs.
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Correct Answer:
Service technology
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140. A(n) _____ involves promoting a product to final consumers.
Answer
Correct Answer:
Push strategy
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141. To increase value, marketers may __________, decrease price, or do both.
Answer
Correct Answer:
Decrease benefits
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142. The quick service restaurant (qsr) market is considered a(n)_______.
Answer
Correct Answer:
Monopolistic competition
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143. When kinko's replenishes its supply of copy paper, it most likely involves a _____ situation.
Answer
Correct Answer:
Straight rebuy
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144. Esri's tapestry is a widely used tool for _______ segmentation.
Answer
Correct Answer:
Geodemographic
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145. Demand-based pricing most closely relates to the ____ of services.
Answer
Correct Answer:
Intangibility
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146. Carmex partnered with __________ because s/he used one of its products.
Answer
Correct Answer:
LeBron James
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147. By providing good customer service, firms __________ their products or services.
Answer
Correct Answer:
Add value to
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148. _________ messages encourage potential buyers to make an immediate purchase decision.
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149. _____ would reduce retailer?s price and promotion wars with competitors.
Answer
Correct Answer:
Every Day Low Pricing
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150. _____ creates a perception of a company or a personality for a brand.
Answer
Correct Answer:
Image advertising
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151. Giving consumers larger quantities at a low price would help taco bell regain _____.
Answer
Correct Answer:
A competitive advantage
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152. The aida model is tailor-made for the ___________ approach.
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153. The _________________ channel flow involves two-way communication between producer and consumer?
Answer
Correct Answer:
Negotiation
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154. Strategically, a company may phase out or sell an sbu. this is known as __________.
Answer
Correct Answer:
Divesting
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155. In a vertical marketing system, if the system is _______, the less likely conflict will occur.
Answer
Correct Answer:
more formal.
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156. Failure to enter the current price into a retailer's system may result in charges of ________.
Answer
Correct Answer:
Scanner fraud
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157. A ________ is a facility for the receipt, storage, and redistribution of goods to company stores.
Answer
Correct Answer:
Distribution
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158. __________ pricing tactics lower the price of a product below the store's cost.
Answer
Correct Answer:
Loss leader
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159. ________ involves combining two or more systems of transportation to move products.
Answer
Correct Answer:
Multimodal transportation
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160. ________ advertising would most likely result in attack ads between competitors.
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161. A mí me gusta la carne de res, pero prefiero el ____.
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162. A market development strategy __________.
Answer
Correct Answer:
Introduces existing products to new markets
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163. The scanner data collected by frito-lay is a form of ________ data.
Answer
Correct Answer:
Internal secondary data
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164. ______ act primarily as in-house advertising agents for the various events booked into facilities.
Answer
Correct Answer:
Marketing director
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165. Marketing is as much about helping sellers sell products and services, as it is about __________.
Answer
Correct Answer:
Helping buyers buy
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166. ________ is when consumers indicate they know the brand when the name is presented to them.
Answer
Correct Answer:
Aided recall
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167. The ____________ approach works best for most routine negative responses.
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168. The _____ is the unique ordering code for a product item.
Answer
Correct Answer:
Stock keeping unit (SKU)
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169. Staples offers quality customer service and its own brand of products to establish a ___________.
Answer
Correct Answer:
Competitive advantage
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170. Marketing channels refer to the _____ element of the marketing mix.
Answer
Correct Answer:
Comparative advertising
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171. Vertical conflicts in distribution channels are conflicts that occur between ________.
Answer
Correct Answer:
Different levels of the same channel
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172. Twitter tv is a service of __________________.
Answer
Correct Answer:
All of the above
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173. The two types of securities offerings in the primary markets are ________ and ________.
Answer
Correct Answer:
Initial public offerings; seasoned new issues
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174. The two components that go into making an effective schedule are ________ and ________.
Answer
Correct Answer:
Loading; sequencing
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175. The most important actors in the company's microenvironment are __________.
Answer
Correct Answer:
Customers
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176. The marketing of services differs from product marketing because services are _________.
Answer
Correct Answer:
Intangible, inseparable, heterogeneous and perishable.
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177. The international capital market consists of the ________, ________, and ________.
Answer
Correct Answer:
International bond market, international equity market, Eurocurrency market
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178. The first step of the business buying process is __________.
Answer
Correct Answer:
Problem recognition
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179. The first step in developing a service blueprint is ____________.
Answer
Correct Answer:
To identify all the key activities involved in creating and delivering the service
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180. The different types of purchases are different because ______.
Answer
Correct Answer:
Of differences in the mind of the customer
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181. The _____ describes the average distance of distribution values from the mean.
Answer
Correct Answer:
Standard deviation
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182. Specialty stores carry ________ with ________ within them.
Answer
Correct Answer:
Narrow product lines; deep assortments
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183. Specialty stores are characterized by ________.
Answer
Correct Answer:
Narrow product lines with deep assortments
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184. Specialty products are consumer products and services that customers generally buy ________.
Answer
Correct Answer:
Without making comparisons
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185. Setting the right price ________.
Answer
Correct Answer:
Can help differentiate the product from the competition
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186. Services are usually distributed through _____ marketing channels.
Answer
Correct Answer:
Direct channels.
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187. Services ____________ factors for the customer to evaluate as compared to goods.
Answer
Correct Answer:
Have fewer
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188. Service ________ means that customers cannot see, touch, or smell good service.
Answer
Correct Answer:
Intangibility
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189. Selective distribution is a strategy in which ________.
Answer
Correct Answer:
More than one but fewer than all willing intermediaries are used by a seller
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190. Retailers use __________ to get customers into their stores.
Answer
Correct Answer:
Mass media advertising
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191. Promotional tools offered to consumers include ________.
Answer
Correct Answer:
rebates, coupons, price packs, and samples
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192. Price setting is usually determined by ________ in small companies.
Answer
Correct Answer:
Top management
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193. One of the weaknesses of using surveys to estimate the demand curve is ________.
Answer
Correct Answer:
Consumers exaggerate their willingness to pay for new products and services
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194. Invoices, customer lists, and financial reports are all types of _______ data.
Answer
Correct Answer:
Secondary
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195. In break-even analysis, when the break-even point is reached _______ is (are) zero.
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196. In a(n) ________, there is a two-way exchange of information between purchasing organizations.
Answer
Correct Answer:
Channel partner model
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197. In _______ many firms provide similar products that are considered substitutes for each other.
Answer
Correct Answer:
Pure competition
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198. Identifying, describing and promoting the product are three functions of ______.
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199. For most products, the upc code would be located on the _______ package.
Answer
Correct Answer:
Secondary
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200. Census data is an example of a ________ source of big data.
Answer
Correct Answer:
Government
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201. According to the price equation, final price equals list price minus __________ plus extra fees.
Answer
Correct Answer:
Both a and b
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202. A(n) ____ is a concept, philosophy, or image.
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203. A convenience store offers ________ utility by being open 24 hours each day.
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204. A commonly used measure of price sensitivity is _____.
Answer
Correct Answer:
Price elasticity
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205. A ______________ is one for which a customer will accept no substitute?
Answer
Correct Answer:
Specialty product
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206. A __________ product is a style of the times.
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207. _____ are actions taken by a firm to accomplish _____.
Answer
Correct Answer:
Strategies; objectives
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208. The __________ environment deals with issues that affect all companies in an industry?
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209. Good names for a new internet brand should do all of the following except ________.
Answer
Correct Answer:
Be similar to other brand names
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210. ____________ deals with the flow of physical goods and related information through the value chain?
Answer
Correct Answer:
Logistics
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211. The _____ of developing an imc budget treats imc as a marketing tool for generating sales.
Answer
Correct Answer:
Objective/task method
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212. Communicating and delivering value focuses on _____________________.
Answer
Correct Answer:
Supply chain management, Branding and positioning, and Integrated marketing communications
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213. A(n) _________________ contains one or more intermediary levels.
Answer
Correct Answer:
Indirect channel
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214. The business analysis stage of a new-product development process _____.
Answer
Correct Answer:
calculates preliminary figures for demand, cost, sales, and profitability
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215. Traditionally, advertising has been _____ and _____.
Answer
Correct Answer:
Passive; offline
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216. A ________ delivered by a product is the outcome that motivates a customer's buying behavior.
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217. A no-haggle pricing policy is a type of _______________ pricing strategy.
Answer
Correct Answer:
Customer-oriented
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218. A country with a(n) ________ has rich markets for many different kinds of goods.
Answer
Correct Answer:
Industrial
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219. A ________ is the set of all products and items a particular seller offers for sale.
Answer
Correct Answer:
Product mix
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220. A market-skimming pricing strategy should not be used for a new product when ________.
Answer
Correct Answer:
Competitors can undercut prices easily
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221. A brand difference is said to be preemptive if ________.
Answer
Correct Answer:
Competitors cannot easily copy the difference
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222. A blog is __________, whereas a wiki is __________.
Answer
Correct Answer:
A publicly accessible personal journal and online forum; website created & edited by users
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223. _____ is the primary tool used by a sales-oriented organization to achieve its corporate goals.
Answer
Correct Answer:
Promotion
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224. __________ is the third step in value-based pricing.
Answer
Correct Answer:
Assess needs of customer
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225. _______ refers to the process of evaluating and selecting the _______.
Answer
Correct Answer:
Media planning; media mix
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226. _____ evaluate new-product ideas usually before any prototype has been created.
Answer
Correct Answer:
Concept tests
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Communication MCQs | Topic-wise