MKT 571 Final Exam
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1) Small companies can engage is marketing research in a number of creative and inexpensive ways, including _______________.
2) A marketing information system (MIS) consists of ___________.
3) When Molly’s parents retired, they decided they wanted to travel.They found an ideal job that allows them to travel for free, but the only catch is they have to stay at Holiday Inns. During each stay, they test all the amenities offered by the motel and evaluate each. The evaluation forms are sent to the motel headquarters where it becomes part of the motel’s __________ systems.
4) All of the following are steps in the marketing research process EXCEPT:
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32) Best Buy stores carry a deep assortment of the latest electronics gadgets. They offer buyers a great deal of assistance and advice in making selections. Best Buy would be an example of a _____________.
33) Convenience goods such as snack foods are sold through _________________.
34) McDonald’s franchisees get a small discount when they pay their bills for supplies within the first seven days (when the due date is 30 days after delivery). This is an example of ___________ within channel relations.
35) Because of Coca-Cola’s size and power in the marketplace, they tend to dominate some members in the channel. This allows them to require strong cooperation from resellers who carry Coke products. This is an example of a(n) _____________.
36) Which is the last major decision in international marketing?
37) Zhao is advertising her import-export business and wants to find the most cost-effective way of delivering the desired number and types of message exposures to her target audience. Zhao is considering her ________________.
38) Advertising for Advil pain reliever shows Advil is superior to Tylenol. This is an example of _________advertising.
39) Assume you are advertising very expensive authentic Turkish carpets to upscale investors in Germany. Credibility and prestige are important. The best medium for your advertising message is _____________.
40) Which of the following would NOT be considered part of a marketing communications
3) How do intermediaries add value to the products they distribute? Find an example of a distributor that adds each of the six types of utility.
IKEA, a Swedish retailer of contemporary furniture, operates several stores in various Scandinavian countries, as well as in the United States and Canada. Which of the following describes IKEA 's level of commitment to international marketing?
2. Adrienne decides to add new sales representatives and increase advertising in her existing market for her current line of security systems. Adrienne is pursuing a __________ growth strategy.
Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 291 Week 2
They've asked me to choose about two kinds of businesses and I have to choose one product of each of the firms. After I’ve done that I should describe the marketing techniques that they use to promote they're product.
“Describe the different roles in a business buying center. Then identify each member of the buying group in a medium-sized company that purchases components and assembles small household appliances?”
13. According to McCann-Erickson's concept of emotional bonding, the most basic relationship a consumer has with a brand is how he or she thinks about the: A. emotional ties he or she has with the product and/or brand. B. brand personality. C. product benefits. D. self-actualization motives for purchasing. E. self-esteem motives that will be affected by the purchase. 14. Research shows consumers perceive Miller beer as strong, bold, and adventurous. This is an example of how consumers assign a _____ to a brand. A. product rank B. personality C. product features D. unique selling proposition E. market rank 15. Hershey's advertises heavily around Christmas with ads that show only a picture of red, green and silver wrapped Hershey Kisses chocolate. Hershey's is using _____ advertising. A. transformational B. reminder C. rational D. emotional integration E. teaser 16. When Ford Motor Company was preparing to introduce a new model, ads were run for several weeks that talked about the new car but never showed it. This is an example of _____ advertising. A. reminder B. transformational C. teaser D. emotional E. cognitive 17. When a person speaks on the behalf of a product or service based on his or her personal use of and/or experiences with it, a(n) _____ execution is being used. A. dramatization B. slice-of-life C. animation D. demonstration E. testimonial
1 List ways that Dell conducts research on its customers to continually improve products and services. What are the features of Dell’s research?
Although it is not possible to increase your IQ, it is important to realize that you can increase the ___ of your thinking
Reflect on each of these five topics and discuss how each may have an impact on your target market’s decision-making process.
1. Transaction why do people engage in trade? If one trading partner gains must the others involved in the lose an equal amount? Why or why not?
What is the company’s approach to market research? Which methodologies do you find most effective and which do you find least
14) The attitudes and behavior patterns of consumers making a purchasing decision are part of the
4. Which of the following is considered to be among the fastest growing areas of online
Advertising also encourages people to buy products by making them think that purchasing and consuming are the major