C (346) 1. ________ is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
A. Selling C. Marketing
B. Advertising D. Mixing Markets
A (347) 2. The business philosophy of "produce as much as you can because there is a limitless market" is consistent with which of the following marketing eras?
A. production era C. marketing era
B. selling era D. customer relationship era
B (348) 3. Which of the following describes the marketing era immediately after the development of mass production assembly lines?
A. production era C. marketing era
B. selling era D.
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A. brand name C. prototype name
B. product designation D. generic name
D (354) 15. The last step in the marketing process often includes:
A. collecting the cash from sales to consumers.
B. developing a written report to summarize the results of the period 's marketing activities.
C. deciding the best way to distribute the product.
D. building relationships with customers. B (354) 16. __________ consists of all the techniques sellers use to persuade consumers to buy their goods and services.
A. Advertising C. Pre-selling
B. Promotion D. Closing
A (350) 17. As a marketing manager for a retailer of lighting products, Lucinda will likely be involved in which of the following?
A. setting a price for the light fixtures her firm produces
B. deciding the best way to hire new employees to produce the lights
C. developing ideas for new ways to produce the lights
D. determining the best way to finance the purchase of new production equipment
B (353) 18. With help from the marketing department, engineers at Easy Electronics have designed a new type of cable modem that is easier to install in computers and more reliable than any cable modems currently in use. The marketing managers want to find a way to identify the new modem in the minds of consumers and differentiate it from less sophisticated products made by Easy 's competitors. An
b. How does the mission relate to the type of products the company sells? (1-3
[MARKETING TODAY] January 24, 2011 True-False - Terminology/Concept 1. Marketing-related activities are limited to people called “marketers.” 2. The effective practice of marketing-related activities is limited to larger firms. 3. For virtually every good and service we purchase, the marketing process affects the assortment of models and styles offered in the marketplace. 4. The scope of marketing includes goods, services, organizations, people, places, and ideas. 5. A firm can anticipate demand through marketing research and sales forecasting activities. 6. A firm can stimulate demand through offering credit and by expanding a product’s distribution to include additional retailers. 7. Installation, alteration, and repair services are all
P5) Design a promotional campaign for a given product/ service to meet the needs of a given campaign/creative brief.
D. New products offerings by a competitor may require adjustments to one or more components of the firm’s marketing mix
1) Which of the following is NOT a step that might be used to improve the quality of a firm’s marketing intelligence?
| d. Yes, because the concept of marketing will help Jamie to better satisfy her customers.
1. LS, Chapter 2, Self-Study problem 1. Solution is on p.61-62 with the following amendments: 4) Answer should a, and h. (Sales and marketing are often used interchangeably.) 7) Answer should be a, and NOT b. (The word-processing equipment is used for administration purposes and should not be inventorised.) 9) Answer should be a, and either g or h. (If the new product packaging is designed to attract customers’ attention and increase sales, the cost of material can also be considered a marketing cost.)
4. _________ leads as the innovator and mass market trendsetter in reducing supply chain anddistribution costs.
* From the scenario, analyze the goals, product, price, and promotion for the new product launch in each stage of the product life cycle. Recommend two (2) marketing tactics and strategies that the marketing intern should consider in order to increase product revenue over time. Provide rationale for your response.
5. Discuss which of the marketing activities you have identified you believe are most suitable for the company and explain why. This could include one or more of the three activities you initially identified.
Other paintings of guinguettes, such as “Elena et Les Hommes” by Renoir, provide a sense of light-hearted summer days. We want to replicate this feeling in accordance with Marcel’s original restaurant concept by incorporating all of the definitions of a guinguette.
The process of creating a product, distributing the product, pricing the product, services and ideas I order to facilitate satisfactory exchange relationships in a dynamic environment. (Funeral Service Marketing classroom notes- Gary B. Double Instructor)
11) A small manufacturing firm has just experienced a rapid drop in sales. The marketing manager thinks that he