BUS 346 – Ch 5
a. generational cohort characteristics.
b. country culture.
c. a red/blue marketing campaign.
d. the Walmart Effect.
e. regional culture.
Country culture consists of a country’s shared beliefs and values, which included a strong thread of patriotism after the WTC attacks.
a. competitive intelligence.
b. corporate partners.
c. green marketing.
d. consumers.
e. culture.
a. New York, Los Angeles, and Chicago.
b. coastal resort areas.
c. rural areas.
d. Great Lakes agricultural areas.
e. smaller states.
a. mobile devices completely replacing desktop and laptop computers.
b. RFID tags.
c. location-based social media applications.
d. wireless payments from mobile devices.
e. devices that block smartphone usage in retail stores.
Applications are being developed to take advantage of near field communication, a short-range wireless communication method that will allow (among other things) wireless payments to be sent from mobile devices. This would allow consumers to pay with nothing more than a smartphone. Location-based social media applications have existed for a few years now, and an organization that stays current with technology would already have experimented with these.
a. Generation Z
b. Generation Y
c. Baby Boomers
d. Generation W
e. Generation X
Julie’s characteristics are typical of the skeptical consumers in Generation X.
a. country culture.
b. social trends.
c. regulatory factors.
d. generational factors.
e. regional culture.
a. Generation Y
b. Generation Z
c. Baby Boomers
d. Generation X
e. Generation W
Generation Z members tend to share their Generation X parents’ tastes in TV shows, video games, and some types of shopping.
a. achieve cost savings.
b. avoid cognitive dissonance.
c. implement just-in-time marketing promotions.
d. avoid the need to understand regional culture.
e. identify potential opportunities.
a. his financial situation.
b. the marketer’s lack of cultural awareness.
c. his technological comfort.
d. his telephone bill.
e. his lack of privacy.
a. grab consumers’ attention.
b. differentiate between the needs of seniors and Baby Boomers.
c. decide what to offer.
d. offer green marketing solutions.
e. deliver products just-in-time.
a. to avoid cultural clashes.
b. to sensitize organization members to ethical values.
c. to value each person in the organization.
d. from a consumer’s point of view.
e. for each generational cohort.
a. is attributable to technological expertise of immigrant groups.
b. will vanish once the recession ends.
c. will create inflationary expectations.
d. will disappear as ethnicity becomes a stronger cultural determinant.
e. creates opportunities to provide value to each group
a. to sell to all consumers, regardless of their needs.
b. to sell products for the highest possible price.
c. to provide the greatest value for the least profit.
d. to determine the value of the brand.
e. to offer greater value than competitors offer.
a. competitors have tried and failed to satisfy.
b. match their core competencies.
c. are easiest to satisfy.
d. are important to all generational cohorts.
e. provide minimal core value.
The firm’s competencies are its strengths; the firm is likely to have the most success if it focuses on these, finding customers whose needs it can meet using these strengths.
a. demographics
b. dress
c. language
d. symbols
e. social trends
Language would be an important cultural issue; while both countries speak English, there are many differences in vocabulary.
a. Generation W
b. Generation Y
c. Baby Boomers
d. Generation X
e. Generation Z
Tweens are the youngest component of Generation Y.
a. is regional or subregional.
b. can help to identify a particular group that might be interested in the marketer’s products.
c. offers opportunities for competitors.
d. reinforces stereotypes.
e. is related to educational achievement.
a. reduce regional cultural differences.
b. make it more difficult for companies to differentiate their products.
c. make it difficult to collect demographic information.
d. decrease national cultural identity.
e. create a demand for a new generational cohort
Regional cultures represent differences between regions of a country. The more people move from one region to another, the more the cultures will tend to blend and become more similar.
a. de-emphasizing U.S. sales and expanding globally.
b. focusing only on those demographic cohorts that have time to relax.
c. increasing their budgets for traditional advertising outlets like television and radio.
d. making their products available whenever and wherever consumers want them.
e. outsourcing marketing communications to global production facilities.
It is not necessary to abandon the U.S. market—the time-poor society simply requires retailers to consider consumer convenience, and make sure consumers can get products where and when they want them—online, via mobile devices, or at unusual hours, for example.
a. Baby Boomers
b. Generation Y
c. Generation W
d. Generation Z
e. Generation X
a. health and wellness
b. privacy concerns
c. tech savvy
d. time-poor society
e. greener consumption
The time-poor society refers to consumers looking to find short cuts to maximize their time.
a. using recycled paper in its food packaging.
b. expanding its low-cost menu options.
c. speeding up drive-through service.
d. creating an advertising campaign to target elementary school children.
e. offering an expanded menu of healthy options.
a. is regional or subregional.
b. reinforces stereotypes.
c. offers opportunities for competitors.
d. can help to identify a particular group that might be interested in the marketer’s products.
e. is related to educational achievement.
a. her target customers.
b. profits.
c. competing art galleries.
d. the arts movement.
e. artistic social responsibility.
a. the fastest growing minority population.
b. all of these
c. a large proportion of the minorities in the Midwest.
d. a uniform group of consumers with a common language and cultural background.
e. the easiest minority group to access.
a. ethnic background
b. just-in-time processes
c. needs, wants, and ability to purchase
d. demographics
e. culture
a. value contributing to a greener environment.
b. would prefer an SUV.
c. are greenwashing.
d. are economically irrational.
e. are responding to global corporate pressure for social responsibility.
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