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Lowes and best buy would most likely be found in a _____ shopping center
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Power.
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The perceptions of __________ are being measured in a perceptual map.
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Customer
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Market testing can take a long time, and this can result in ________.
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Correct Answer:
Competitors being able to develop marketing strategies to counter a
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The persons who are most likely to have a functionally decorated office are those of the ____ style
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Decisive
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A(n) __________ is a need or want strong enough to cause a person to seek satisfaction.
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Perceptions
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A(n) _____ is a tangible product, something we can see, touch, smell, hear, taste, or possess.
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Good
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Consumers are changing ____ and consumption behaviors to fit with emerging technologies and trends.
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Their information searches
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_____ are nonfinancial forms of compensation provided to employees.
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Benefits
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If you purchase production capacity and automation, they are available ____.
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Correct Answer:
It is available in the next year.
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Identifying, describing and promoting the product are three functions of ______.
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Labeling
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During the _____________ stage of the fashion cycle, new styles are sought by trendsetters?
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Distinctiveness
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Deciding on store atmosphere is an example of a __________.
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Product assortment and services decision
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Comparative advertising works best when ________.
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Consumers are processing advertising in a detailed, analytical mode
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Companies that specialize in sentiment analysis are least likely to look at __________ for data.
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YouTube
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A site with enormous readership is labeled a(n) ________ site.
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Power
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________ involves combining two or more systems of transportation to move products.
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Multimodal transportation
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________ advertising supports a particular view or position on an issue.
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Advocacy
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______ involves attempts to draw consumers and establishments to a certain physical region.
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Place marketing
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A testimonial written in story form is known as a(n) ____.
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Case history
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A differentiated targeting strategy is a strategy that __________.
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Develops one or more products for each of several distinct customer groups and makes sure these offerings are kept separate in the marketplace
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______ segmentation delves into how consumers actually describe themselves.
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Psychographic
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Salespeople use the consultative sales presentation because ________.
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All of these
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For most products, the upc code would be located on the _______ package.
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Secondary
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The unit variable cost (uvc) equals variable cost (vc) divided by __________.
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In order to understand a customer's wants, a marketer must understand __________?
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The cultural and social environment in which a customer makes purchasing decisions.
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Positioning your product in the market involves ________.
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Communicating your competitive advantage to the customer
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Online advertisers pay a rate called a ______.
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CPM
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_____ was the first major composer to demand equal footing with the aristocracy.
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Beethoven
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Ups, fedex, dhl, and other shipping companies support other firms' __________ marketing goals.
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Supply chain management.
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The primary objective of ________ advertising is to build selective demand.
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Persuasive
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The citizen-action publics in a company's marketing environment include ________.
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Environmental groups
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The bedrock principle of business is that it should ________.
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Earn a profit
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The swoosh that appears on every nike product is an example of a __________.
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Brand name
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In terms of imc strategy, the _____ refer(s) to the specific people the imc will reach.
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Target audience
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In established businesses, a large proportion of b2b purchases fall into the __________ category.
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Straight rebuy
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A _________ is an endorsement from a customer praising a firm's product.
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Testimonial
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The __________ on packages were intended to improve inventory control for businesses.
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Universal Product Codes
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The 80-20 rule reflects the idea that ________.
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The top 20% of customers often generate 80% of the company’s profits
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Price setting is usually determined by ________ in small companies.
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Correct Answer:
Both B and C
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Online ads that incorporate animation, video, sound, and interactivity are called ________.
Answer
Correct Answer:
Rich media ads
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Producers benefit from using intermediaries because they ________.
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Offer greater efficiency in making goods available to target markets
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Power centers are characterized by the ________.
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Provision of individual entrances to each store
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The ________ requires sellers to provide detailed nutritional information on food products.
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Nutritional Labeling and Educational Act of 1990
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The ________ addresses the roles of the community, region, nation, and world in a business.
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Environmental analysis
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The _____ stage of ethical development represents the morality of the mature adult.
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Postconventional morality
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The _____ are the gatekeepers who decide if the ad will run or not.
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Actual consumers
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Specialty stores are characterized by ________.
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Narrow product lines with deep assortments
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Selective distribution is a strategy in which ________.
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More than one but fewer than all willing intermediaries are used by a seller
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Rolls-royce uses _____ distribution on sell its automobiles.
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Exclusive
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Stores such as walmart, best buy, petsmart, david's bridal, and dsw shoes use ________ positioning.
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Same for less
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A company or store gains a(n) ________ by differentiating its products and delivering more value.
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Competitive advantage
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The aida model identifies the characteristics of an effective ________.
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Marketing message
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In a swot analysis, ________ include favorable trends in the external environment.
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Opportunities
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A strategy of exclusive dealing is most likely considered legal if ________.
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Competition is not substantially lessened
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_________ is an assessment of what the customer gets compared with what the customer gives up.
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Value
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________ is a reflection of the power shift to buyers from sellers.
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Customer co-design
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According to the textbook, the unique value provided by business angels is they ________.
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Correct Answer:
Are willing to make relatively small investments
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A product line is most likely too short if managers can ________.
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Increase profits by adding items
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A mission statement includes identification of an organization's ________.
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Purpose and basic philosophy
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A church targeting different demographic groups to increase attendance is an example of ________.
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Not-for-profit marketing
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"now available?the latest fall fashions"" is an example of a(n) __________ advertising message.
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Informative
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________ refers to the practice of including ethnic themes within a company's mainstream marketing.
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Cross-cultural marketing
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Customers who are classified as true believers ________.
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True believer.
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Customer involvement is ____ on a b2c specialty purchase.
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High
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Specialty stores carry ________ with ________ within them.
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Narrow product lines; deep assortments
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Smart marketers always emphasize ________.
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Correct Answer:
Benefits, not features
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In a modified rebuy situation, __________ are likely to have an advantage in getting the order.
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Consumers.
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Firms achieve ___________ through efficient procedures and excellent supply chain management.
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Operational excellence
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Critics charge that promotion adds only ________ to a product.
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Psychological value
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Service variability means that ________.
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Service quality depends on when, where, and how they are provided
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Costco's kirkland signature products are an example of a ________.
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Private brand
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A _____ refers to an overall orderly arrangement of all the format elements of an ad.
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Layout
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________ carry a narrow assortment of product lines with deep assortments within those lines.
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Specialty stores
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Mechanical, personal, or neuromarketing methods are ways that __________ data can be collected.
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Observational
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The ________ is the center of all marketing strategies.
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Consumer
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_________ utility exists when a product is readily accessible where potential customers need it
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Place
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In the _____ stage of the product life cycle, organizations focus on building primary demand.
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Market introduction
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A pharmaceutical company giving free samples of medicine to a physician is ________ sampling.
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Professional
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A good or service intended primarily for use in producing other goods or services is a ____ product
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Business
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________ are put in place to identify deviations in expected performance of marketing efforts.
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Marketing controls
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An attractive product idea must be developed into a ________.
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Product concept
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A market-penetration pricing policy should least likely be used for a new product when ________.
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Correct Answer:
The product's quality and image support a high price
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Bread, gasoline, and ____ are examples of convenience products.
Answer
Correct Answer:
Newspapers
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Typically, ______________ is done by the retailer of a product rather than by the manufacturer.
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Correct Answer:
Private-label branding.
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The high failure rate of new products shows that companies are not able to ________.
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Correct Answer:
Control demand
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Failing to discard successful plans from the past is likely to lead to ________.
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Correct Answer:
Failure because conditions are likely to change in the future
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Consumers rely less on price to judge the quality of a product when they ________.
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Correct Answer:
Have prior experience with the product
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______________ is used by individuals external to the organization to understand its performance.
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Financial accounting
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________ seeks to determine whether an ad is communicating effectively.
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Copy testing
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_____ is the primary tool used by a sales-oriented organization to achieve its corporate goals.
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Promotion
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_____ factors are environmental factors that include our attitudes, values, and lifestyles.
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Social
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A _____ channel enables a consumer to return a product when it reaches the end of its useful life.
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reverse
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A calling method sends a(n) ____ to a called method.
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Argument
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A group of related offerings is known as a _____.
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Product line
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_____ control the flow of information and limit the alternatives considered.
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Gatekeeper
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A __________ is the full mix of benefits on which a brand is positioned.
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Value proposition
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The vals system is __________ measure of consumers.
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Psychographic
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In design class notation, the ____ of an attribute is enclosed in curly braces {}.
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Property
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New product development starts with ________
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Correct Answer:
Idea generation.
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In general, a company should enter only segments in which it can ________ and ________.
Answer
Correct Answer:
Offer superior value; gain advantages over competitors
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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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The perceived value of different product offers can be reasonably assessed by ________.
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Correct Answer:
Conducting surveys and experiments
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The challenge for marketers in building a strong brand is ________.
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Correct Answer:
Ensuring that customers have the right type of experiences with their products and marketing programs to create the desired brand knowledge
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The central element of the marketing strategy for pez candy, inc., is the __________.
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Container
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Pizza hut's young adult males seek more of the food they love with __________ in the process.
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Families and mothers with no time
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Human resource management is concerned with ________ competent employees
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Obtaining, training, motivating, and retaining
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_____ is a marketing strategy that creates new products for present markets.
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Product development
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_____ is a common base of demographic segmentation.
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Income
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Problem removal and problem avoidance are _____ motives.
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Negatively originated
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National brands are also called _____.
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Manufacturer's brands
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A _____ is defined as a statement of what is to be accomplished through marketing activities.
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Marketing objective
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When the delivery of a service fails to meet customers' expectations, a __________ gap exists.
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Service.
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The use of both rail and trucks for transporting goods is called ________.
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Correct Answer:
Piggybacking
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The internet gave birth to ________, which operate only on the internet.
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Correct Answer:
Click-and-mortar companies
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The "bundle of values" the advertiser presents to the consumer is referred to as the _____.
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Product concept
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Many u.s. companies first discovered marketing during the __________ era.
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Market-oriented
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Many product-dominant firms use quality service _________.
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Correct Answer:
To maintain a sustainable competitive advantage
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Many marketers claim that ____ will become the world's largest market.
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Correct Answer:
China
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A straight rebuy, like when the office needs more paper, is common for ____ customers.
Answer
Correct Answer:
B2B
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Tv advertising is considered to be particularly advantageous because ________.
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Correct Answer:
It is appealing to the senses and generates high attention
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Pricing a product based on consumers' reference prices is referred to as ________ pricing.
Answer
Correct Answer:
Psychological
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In the ________ phase of the new product development process prototypes appear for the first time.
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Correct Answer:
Product development
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Home depot and petsmart are examples of ________.
Answer
Correct Answer:
Category killers
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Governments most likely enact business legislation to ________.
Answer
Correct Answer:
Prevent unfair competition in the market
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Differentiated marketing leads to higher sales and _____________?
Answer
Correct Answer:
Higher costs
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Continuous scheduling would most likely be used for advertising __________
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Bathroom cleaner
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As segments increase in size, it becomes _______ to satisfy them with the same product.
Answer
Correct Answer:
More difficult
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As an official sponsor of the olympics, the coca-cola company engages in _____ marketing.
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Correct Answer:
Event
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An ad for a soft drink that uses the slogan: ""life is good"" is employing _____.
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Correct Answer:
A nonproduct fact
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A factory outlet is an example of a(n) ________ retailer.
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Correct Answer:
Off-price
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Press conferences and image management are tools used by a firm's __________ department.
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Correct Answer:
Public relations
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The first step of the marketing process is to ___________________.
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Correct Answer:
Understanding the marketplace and customers' needs, wants, and demands
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