BA Marketing Kahoot – Flashcards
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Which of the following stmts is true of retailing?
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Services like banks, colleges and hospitals can be retailed
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_____ creates a seamless cross-channel buying exp integrating in-store, online, and mobile shopping
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Omni- channel retailing
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Which term refers to a giant specialty store with a very deep assortment of a product line?
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Category killer
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Which type of retailer typically carries deep product assortments of narrow product lines?
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Specialty stores
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_______ refers to two or more outlets that are commonly owned and controlled
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Coporate chains
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_____ refers to a group of retail business built on a site that is planned, dev, owned and mgmt as a unit
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shopping center
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Innovation mgmt system allows a company to collect, review, evaluate and manage a new product ideas
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True
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Horizontal marketing system can develop between a company and its competitors
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True
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Market skimming possible if quality/image support high price + num buyers want it at that price
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True
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Pricing strategies usually remain the same as a product passes through its life cycle
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False
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Pricing decision of specialty stores are typically based on low markups on high volume of products
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False
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Direct Marketing is optimal promo tool for building personal and long lasting relationships with customers
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True
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Lobbying refers to PR dept maintain relationship with shareholders and others in finance community
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False
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Salespeople represent customers to a company and represent a company to customers
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True
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Today buyers are more receptive to phone/online contact vs high level face to face contact of past
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True
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Mobile marketing is an unsuitable tool for triggering an immediate purch from a consumer
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False
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The blogosphere is cluttered and difficult to control
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True
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Straight product extension into international markets is often successful
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False
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Societal marketing concept states firms and managers should focus marketing on what is legal and allowed
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False
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Specialty products are primarily purchased for use in conducting a business
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False
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In total quality mgmt TQM a company is constantly improving quality of products, service, processes
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True
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Which of the following is an example of a convenience product
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Candy
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Marketing critics claim that the overselling of private goods results in social costs
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True
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Each basic consumer right led to more specific proposals such as nutrition and ingredient labeling
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True
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When company views and organizes marketing from consumers point of view it is practicing societal marketing
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False
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Societal marketing concept states firms and managers should focus marketing on what is legal and allowed
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False
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Companys that practice perceived obsolescence used produce components to wear out sooner than it should
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False
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The ____ concept specifically focuses on future welfare of customers, but not on future company needs
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Societal Marketing
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High pressure selling will most likely work in situations that involve _____
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one-time sales
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Which of the following is a traditional right of sellers
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Right to any introduce any product in any size and style if its not haz
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Innovative marketing most likely involves
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Seeking real product and marketing improvements
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Products that give high immediate satisfaction but hurt consumers in long run are
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Pleasing
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Most of the retailing in the United States is done by small, independent retailers
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False
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The internet is forcing companies toward more standardized international pricing
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True
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Straight product extension into international markets is often successful
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False
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Foreign based produce facilities offer many advantages to an investing company if the foreign market is small
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False
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The European Union restricts trade opportunities to European firms
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False
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A country placing a limit on volume of imported citrus fruit is an example of a
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quota
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An emerging economy is one which
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Has a rapid growth in manufacturing
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The simplest way to enter a foreign market is through
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Exporting
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Which of the following is a disadvantage of straight product extension?
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Costly in long run if fail to satisfy specific global market
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Which of the following is most likely true about a global organization?
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Worldwide policies are planned by top corporate management
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Telemarketing is infrequently used as a fundraising tool for nonprofit and political groups
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False
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Printed catalogs hold very little importance to marketers in the digital era
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False
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The marketing results from direct mail are difficult to measure
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False
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Mobile marketing is an unsuitable tool for triggering an immediate purchase from a consumer
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False
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The blogosphere is cluttered and difficult to control
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True
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Which of the following are the fastest growing forms of marketing
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Direct and digital
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Which of the following stmts is most likely true about direct and digital marketing?
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Build customer engagement and can be a complete model for doing business
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Amazon.com and Expedia.com are _____ that sell directly to final buyers via the internet
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e-tailers
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For most companies, the first step in conducting online marketing is to_______
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create a Web site
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Which of the following is true of viral marketing?
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It is the digital version of word of mouth marketing
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Salespeople represent customers to a company and represent a company to customers
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True
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In consumer product companies like P&G or Nike, the sales force works directly with customers
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False
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Compensation with larger base-salary and smaller commission is most effective for driving new business
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False
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Today buyers are more receptive to phone/online contact vs high level face to face contact of past
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True
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Sales- force automation systems enable prospects profiling sales forecast and prepare exp reports
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True
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Some marketers now rely almost entirely on digital and social media
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True
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New marketing commercial model consists of promo mixes designed to make traditional mass media obsolete
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False
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Direct marketing is optimal promo tool for building personal and long lasting relationships with customers
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True
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A firm that sends email updates with customers about new products is engaging in personal selling
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False
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Lobbying refers to PR department maintain relationship with shareholders and others in finance community
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False
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_____ advertising would most likely result in attack ads between competitors
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Comparative
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Which of the following is the first step in developing an advertising program?
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Setting advertising objectives
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Which of the following is a shortcoming of advertising
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It only provides one way communication with customers
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Which of the following is true of public relations?
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It emphasizes news and events rather than sales
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Which of the following is an effect of the advancement of technology on marketing?
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Consumers rely less on marketer supplied info than past