15-19 – Flashcard

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question
The function of informing, persuading, and influencing the consumer's purchase decision is called: a. salesmanship. b. advertising. c. promotion. d. communication.
answer
c. promotion.
question
The _____ is at the heart of integrated marketing communications. a. product b. brand c. organization d. customer
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d. customer
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Which of the following would be an example of niche marketing? a. Frito Lay introducing a commercial for its new flavor "Cream-n-Onion" in India b. Standard Chartered bank advertising its newly devised investment solution options in The Economist c. A firm hiring people to hand out flyers about its new product at the shopping mall d. A firm paying college students to try out their new offering of cup-noodles and encouraging their friends to buy it
answer
b. Standard Chartered bank advertising its newly devised investment solution options in The Economist
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Sam just received a free trial sample of a bath soap. This is an example of: a. direct sampling. b. direct marketing. c. personal selling. d. guerrilla marketing.
answer
a. direct sampling.
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Johnson & Johnson introduces a new baby lotion which is widely advertised on TV, radio, and the print media. Dana, who has a one year old daughter, decides to buy it the next time she goes to the department store. Which stage of the AIDA process is she in? a. Attention b. Interest c. Desire d. Action
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c. Desire
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In international communications, noise can take the form of: a. high loyalty to a particular product. b. nonpurchase of the product. c. multiple languages spoken in the commercial. d. too many competing messages.
answer
d. too many competing messages.
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Eric is concerned about one of the products he manages. Sales have declined recently so he begins an intensive promotional campaign. What is Eric's overall promotional objective likely to be? a. Increasing selective demand b. Providing information c. Stabilizing sales d. Increasing primary demand
answer
c. Stabilizing sales
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The ideal form of promotion for large, geographically dispersed audiences that will listen to the same message is: a. advertising. b. phishing. c. public relations. d. sales promotion.
answer
a. advertising.
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Advertising formats can include all of the following except: a. plastic shopping bags that retailers use to hold merchandise purchased by customers. b. sweepstakes for a year of free gasoline. c. billboards. d. TV monitors at grocery stores.
answer
b. sweepstakes for a year of free gasoline.
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Product placement is a form of non-personal selling where: a. a company pays to have products displayed prominently at department stores. b. a company pays to have products displayed prominently in a motion picture. c. companies engage in promotional tie-ins, such as offering Disney movie toys with every McDonald's Happy Meal. d. a company positions its TV commercials during prime hours for its target market.
answer
b. a company pays to have products displayed prominently in a motion picture.
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Which group of activities is considered to be a form of sales promotion? a. Personal selling, advertising b. Telemarketing, publicity c. Coupons, rebates d. Guerrilla marketing, public relations
answer
c. Coupons, rebates
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_____ is a promotional tool that is generally free, although companies have very limited control over the good or bad company information given by the press or electronic media. a. Publicity b. Public relations c. Sales promotion d. Advertising
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a. Publicity
question
Guerrilla marketing can best be described as: a. a defensive strategy that places counter-advertising in a market targeted against strong competitive products. b. free promotion initiated by fans, loyal customers, or other interested product users. c. a relatively new approach to promotion that avoids orthodox media and attempts to find innovative, low-cost ways to reach a target market. d. any negative campaign against a product or a company because of poor performance, initiated by angered consumers who share experiences on blogs and message boards.
answer
c. a relatively new approach to promotion that avoids orthodox media and attempts to find innovative, low-cost ways to reach a target market.
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The Tostitos BCS National Championship game will feature the top two college football teams competing for the national title. The Tostitos brand name is included in the event's name because Frito-Lay, the manufacturer, paid for: a. sponsorship. b. co-branding rights. c. direct marketing privileges. d. cooperative advertising.
answer
a. sponsorship.
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A firm advertised its new line of non-stick 10-piece cookware set on QVC in a 90 second slot with product description and a toll-free number for ordering. This is an example of: a. personal selling. b. direct marketing via broadcast channels. c. direct marketing via infomercials. d. electronic direct marketing.
answer
b. direct marketing via broadcast channels.
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Which promotional tool would more likely be used by a company adopting a push strategy of product promotion? a. Print and TV advertising b. Testimonials and product sampling c. Cooperative advertising and sales incentives d. Coupons and rebates
answer
c. Cooperative advertising and sales incentives
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When a firm engages in nonpersonal selling of a product or service it is known as: a. corporate advertising. b. institutional advertising. c. product advertising. d. point-of-sales advertising.
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c. product advertising.
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The American Heart Association runs ads in major magazines promoting its mission and successes. These ads are examples of _____ advertising. a. product b. institutional c. reminder d. persuasive
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b. institutional
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The type of advertising that seeks to develop initial demand for a newly introduced good, service, organization, person, place, idea, or cause is known as _____ advertising. a. reminder b. informative c. comparative d. advocacy
answer
b. informative
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The type of advertising that strives to reinforce previous promotional activity by keeping the name of the good, service, organization, person, place, idea, or cause before the public is _____ advertising. a. retentive b. reminder c. informative d. promotional
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b. reminder
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When Bufferin advertises that its products have a greater pain-relieving effect than aspirin or Tylenol, it is using _____ advertising. a. cooperative b. comparative c. advocacy d. institutional
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b. comparative
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Radio Shack is advertising Sirius satellite radios as gifts for the holiday season. The television ad benefits both companies and is an example of _____ advertising. a. informative b. cooperative c. institutional d. retail
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b. cooperative
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Which of the following provides immediate information on products, and helps consumers throughout the purchase and consumption processes? a. Cooperative advertising b. Retail advertising c. Comparative advertising d. Interactive advertising
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d. Interactive advertising
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A series of related but different ads that use a single theme and appear in different media within a specified time period is an example of a(n): a. advertising campaign. b. reminder advertising. c. special promotion. d. advertisement series.
answer
a. advertising campaign.
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The number of times a person is exposed to an advertisement during a certain time period is known as: a. reach. b. frequency. c. enumeration. d. randomization.
answer
b. frequency.
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The communication process within a company that builds relationships with customers, employees, stockholders, suppliers, government agencies, and society is called: a. publicity. b. stakeholder relations. c. internal communications. d. public relations.
answer
d. public relations.
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Personal selling can be broadly defined as: a. selling consumer products. b. a promotional presentation conducted on a person-to-person basis with the buyer. c. personalized advertising. d. the use of promotional material sent directly to the prospective buyer.
answer
b. a promotional presentation conducted on a person-to-person basis with the buyer.
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The role of a sales representative in the promotion process has changed from that of persuader to that of: a. a technician and expert on product repair. b. a process designer. c. a consultant and problem solver. d. a close friend and confidant.
answer
c. a consultant and problem solver.
question
Company executives usually recognize a good salesperson as a worker: a. who can solve problems, communicate clearly, and be consistent b. who has technical expertise in the product. c. who is focused on achieving quick sales and not on establishing long term customer relationships. d. who is keen on fostering personal growth.
answer
a. who can solve problems, communicate clearly, and be consistent
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The personal selling approach that finds a customer coming to the seller's location and buying desired items largely on their own initiative is: a. order processing. b. site selling. c. over-the-counter selling. d. relationship selling.
answer
c. over-the-counter selling.
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The most expensive sales method overall is: a. over-the-counter sales because of the high overhead in retail operations. b. telemarketing because of the technology costs. c. telemarketing because of the high rejection rate from customers who avoid telemarketers. d. field selling, largely because of the travel costs of sales personnel.
answer
d. field selling, largely because of the travel costs of sales personnel.
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Which of the following types of personal selling relies on lists of family members and friends of the salesperson who organizes a gathering of potential customers for an in-home demonstration of products? a. Missionary selling b. Cross selling c. Network marketing d. Inbound marketing
answer
c. Network marketing
question
Although research shows that most consumers dislike the practice of telemarketing and more than 191 million have signed up for the national Do Not Call Registry, organizations still use telemarketing because: a. it provides employment to a large number of people. b. it guarantees a sales order with every call. c. it is cost effective; the average call costs are low. d. it does not require experienced and trained sales personnel.
answer
c. it is cost effective; the average call costs are low.
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Telemarketers who combine field selling with a strong customer orientation using both inbound and outbound communications are involved in: a. customer sampling. b. inside selling. c. relationship marketing. d. outside sales.
answer
b. inside selling.
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Which of the following is a part of the consultative selling process? a. Understanding customer problems b. Offering multiple goods or services to the same customer c. Applying pressure to close the sale d. Concentrating mostly on short-term or quick sales
answer
a. Understanding customer problems
question
Jamie works for a local bank. Whenever a new customer opens a checking account, Jamie makes sure to mention some of the other financial services the bank offers. Jamie is engaged in: a. cross-selling. b. team selling. c. transaction selling. d. virtual selling.
answer
a. cross-selling.
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The stage in the sales process in which the salesperson relates product features to customer needs is the: a. approach. b. recall. c. closure. d. presentation.
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d. presentation.
question
One important advantage of personal selling over most advertising is: a. the cost factor; personal selling is much cheaper. b. the ability to actually demonstrate the good or service. c. the minimal dependence on technology. d. the low requirement for skilled salespersons.
answer
b. the ability to actually demonstrate the good or service.
question
Sales promotions are most effective when: a. there is no timeframe to consider. b. they are used in conjunction with other forms of advertising. c. the product is new to the market. d. the company is focused on generating long-term profits.
answer
b. they are used in conjunction with other forms of advertising.
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The form of sales promotion most commonly distributed by means of free-standing inserts in magazines and Sunday newspapers is called a: a. coupon. b. sample. c. premium. d. specialty item.
answer
a. coupon.
question
The Robinson-Patman Act specifically prohibits: a. the accumulation of cost differences in the production of different types of products. b. earning excess profits, that is, more than the average for an industry. c. price discrimination in sales to wholesalers, retailers, and other producers. d. charging the same price to everyone for everything you sell.
answer
c. price discrimination in sales to wholesalers, retailers, and other producers.
question
Pricing objectives that seek profit maximization or to attain a target return on investment are examples of _____ pricing objectives. a. profitability b. volume c. competitive d. prestige
answer
a. profitability
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In which of the following types of market structures would a producer have the least amount of flexibility in setting prices? a. Pure competition b. Monopolistic competition c. Oligopoly d. Monopoly
answer
a. Pure competition
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The most popular method of pricing is _____ pricing. a. cost-plus b. breakeven c. incremental-cost d. full-cost
answer
a. cost-plus
question
In order to recover research and development costs rapidly and earn high initial profits, SenseTV is setting a high price for its plasma TVs. The pricing strategy SenseTV is using is called _____ pricing. a. market share b. skimming c. penetration d. competitive
answer
b. skimming
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When General Motors introduced the Saturn, it priced the SL sports sedan at $2,000 less than the Toyota Corolla DLX and $1,500 less than comparable Nissan and Honda automobiles. This is an example of the _____ pricing strategy. a. skimming b. penetration c. competitive d. loss leader
answer
b. penetration
question
Everyday low pricing is a strategy devoted to continuous low prices as opposed to: a. seasonal changes in prices based on current demand. b. purely cost-based prices that vary as the manufacturer's costs vary. c. relying on short-term price-cutting tactics such as cents-off coupons, rebates, and special sales. d. prices that are set daily, weekly, or monthly in reaction to competitors' actions.
answer
c. relying on short-term price-cutting tactics such as cents-off coupons, rebates, and special sales.
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Retailers such as Home Depot and Lowe's, who offer to meet or beat the best price offered by their competitors, use the strategy of _____ pricing. a. skimming b. penetration c. competitive d. cost-plus
answer
c. competitive
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The price normally quoted to potential buyers before any discounts or allowances are allowed is called the _____ price. a. unit b. list c. cash d. trade
answer
b. list
question
Refunds of a portion of the purchase price usually given by manufacturers to purchasers of new products are known as: a. loss leaders. b. rebates. c. shipping charges. d. trade-ins.
answer
b. rebates.
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