HADM 2410 Final – Flashcards

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1. Creating customer _______and ________are at the heart of hospitality and travel industry marketing.
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value, satisfaction
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2. The simplest definition of marketing states: "As a manager, you want to make sure that you deliver customer satisfaction at a ________."
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profit
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3. The ________industry is the world's largest and the most international in nature, which is why it's said that the world is only getting ________.
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travel, smaller
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4. Customers are attracted and ________ when their needs are met.
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retained
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5. For a successful business, hospitality managers should make customer ________ a priority over profits. Profits are best seen as the result of running a business well rather than its ________.
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satisfaction, purpose
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6. Managers should not focus on maximizing ________‐term profits, because they are short‐selling both the customer and the company.
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short
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7. Much of the behavior of employees toward their customers is the result of _______ philosophy.
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management
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8. The ________ department is the most visible in the hotel. Most of the non‐promotional areas of the marketing function take place behind closed doors.
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sales
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9. Marketing ________ includes advertising, sales, product, price, distribution, research, information systems, and planning.
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mix
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10. Four‐P framework: decide on ________ and characteristics, set the ________, decide the ________ for distribution, and choose methods for ________.
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product, price, place, promoting
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11. The only way selling and promoting will be effective is if we first define ________ customers and needs and then prepare an easily accessible and available value package.
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target
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12. Marketing has assumed an increasingly important role in the ________ sector of the hospitality industry.
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restaurant
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13. Travel agents account for ____% of all cruise line business.
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95%
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14. The hospitality industry is highly ________ and marketing professionals therefore must understand the big picture.
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interdependent
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15. Marketing is the art and science of finding, retaining and ________ profitable customers.
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growing
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17. By creating value for customers, companies capture value from customers in the form of ________, ________ and long‐term customer ________.
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sales, profits, equity
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18. Human ________: state of deprivation (physical, social, esteem); natural part of human makeup.
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need
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19. Human ________: form of needs shaped by culture and individual personality. It is a method of communicating needs; wants are objectives that satisfy needs.
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want
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20. Our ________ increase with the growing number and quality of wants/objectives.
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expectations
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21. Marketing ________: manufacturers and sellers focus only on customer wants and lose sight of underlying customer needs.
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Myopia
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22. Wants become ________ when backed by buying power.
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demands
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23. Market ________: a product that is a combination of tangible, services, information, or experiential product components.
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offering
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24. Customer _______: difference between the benefits that the customer gains from owning/using a product and the cost (monetary/non‐monetary i.e. time) of obtaining the product.
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value
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25. Customer ________ are based on past experiences, researched information, and the opinions of peers.
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expectations
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26. Low expectations will diminish ________(resulting in fewer sales) and high expectations have a higher chance of ________.
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demand, dissatisfaction
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27. To combat high expectations, a company should deliver ________ than they promote.
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more
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28. A market is a set of ________ and ________ buyers of a product.
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actual, potential
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29. To design a marketing ________, the marketing manager answers two questions: what customers will we serve and how can we serve them best?
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strategy
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30. A company should serve ________ customers well rather than attempt to serve all customers.
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fewer
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31. Five alternative concepts under which organizations design and carry out marketing strategies: ________, product, ________, marketing, and ________ marketing.
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production, selling, societal
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32. Production concept: consumers favor ________ and ________, so management will focus on prices, production, and distribution efficiency.
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affordability, availability
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33. Product concept: holds that consumers will favor products that offer the most in ________, ________, and ________ features.
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quality, performance, innovative
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34. The production and product concepts have an ________ to ________ focus. Their primary focus is a superior product and not necessarily customer wants and/or needs.
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inward, outward
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35. Selling concept: focuses on maximizing quantity of ________ and does not worry about customer satisfaction.
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sales
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36. Under the ________ concept, companies go out of business because products no longer satisfy the market. These companies will often suffer from overcapacity.
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selling
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37. ________ concept focuses on delivering customer satisfaction by determining the needs and wants of target markets.
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marketing
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38. It is very difficult to build a relationship with price‐sensitive customers; who are ________ in frequency and low in profitability.
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low
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39. Sustainability practices are an example of ________ marketing. This type of marketing delivers satisfaction to target markets while maintaining or improving a community's well‐being.
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societal
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40. Marketing process: a. understanding ________ and customer needs; b. designing ________ driven marketing strategy; c. preparing an ________ marketing plan; d. building ________ customer relationships; e. capturing ________ from customers
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marketplace, customer, integrated, profitable, value
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41. Customer‐value building tools: a. financial benefits; b. financial and social benefits; c. financial, social, and ________ benefits.
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structural
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42. A customer is nameless and served by anyone available. Social benefits turn customers into ________ who are served on an individual basis.
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clients
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43. A company should develop customer relations ________ and not with every customer.
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selectively
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44. Customers with ________ frequency and ________ profitability have the most potential to become best customers.
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high, low
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45. Customer ________ Management involves managing detailed information and customer touch points in order to maximize customer ________.
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Relationship, loyalty
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46. ________ points are any occasion a customer encounters the brand and/or product in actual experience, personal/mass communication or casual observation.
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touch
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47. Benefits of CRM come from ________ marketing costs, ________ price sensitivity of loyal customers, and partnership activities of loyal customers.
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reduced, decreased
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48. Increasing ________ makes attracting a new customer five times as expensive as keeping a current customer happy.
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competition
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49. Customer ________ is the discounted lifetime values of all the company's current and potential customers.
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equity
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50. ________ value is the stream of profits a customer will create over the course of a business relationship. Average life is determined through surveys or guest history.
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lifetime
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1. The service culture focuses on ________ and ________ customers.
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serving, satisfying
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2. Creation of a service culture has to start with top ________ and flow down.
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management
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4. Unlike physical products, services cannot be seen, tasted, felt, heard, or smelled before they are purchased. In the hospitality and travel industry, many of the products sold are ________ experiences.
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intangible
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5. ________, such as the condition of the grounds and the overall cleanliness of an establishment, provide signals as to the quality of the intangible service.
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tangibles
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6. In most hospitality services, both the service ________ and the ________ must be present for the transaction to occur.
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provider, customer
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7. Managers must manage ________ so they do not create dissatisfaction for others.
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customers
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8. Another implication of inseparability is that customers and employees must understand the service delivery system because they are ________ the service.
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coproducing
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9. Customer coproduction means organizations must ________, ________, and ________ customers.
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select, hire, train
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10. The benefits of a guest becoming an "employee" because of coproduction include increased ________, ________, and reduced ________ time.
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value, customization, waiting
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11. Services are highly ________. Their quality depends on who provides them and when they are provided.
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variable
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12. Several causes of service variability include simultaneous production and ________, fluctuating ________, and the ________ of the service provider.
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consumption, demand, skill
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13. ________, or lack of consistency in the product, is a major cause of customer disappointment in the hospitality industry.
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variability
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14. Three steps hospitality firms can take to reduce variability and create consistency: a. Invest in good ________ and ________ procedures, b. ________ the service performance process throughout the organization, c. Monitor customer ________.
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hiring, training, standardize, satisfaction
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15. Revenue lost from not selling hotel rooms or filling restaurant seats is gone forever. Therefore, it can be said that services are ________.
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perishable
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16. The service‐profit chain connects service firm profits with employee and customer satisfaction. It consists of five links: a. Healthy service ________ and ________, b. Satisfied and loyal ________, c. Greater service _______, d. Satisfied and productive service ________, e. Internal service ________
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profits, growth customers value employees quality
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17. ________ marketing means that the service firm must effectively train and motivate its customer‐contact employees and all the supporting service people to work as a team to provide customer satisfaction.
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internal
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18. ________ marketing means that perceived service quality depends heavily on the quality of the buyer‐seller interaction during the service encounter.
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interactive
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19. Service companies face the task of increasing three major marketing areas: their competitive ________, ________ quality, and ________.
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differentiation, service, productivity
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20. Service companies can differentiate their service delivery in three ways: through ________, physical ________, and ________.
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people, environment, process
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21. Customer ________ is perhaps the best measure of quality, as it is dependent on how consistently a service firm delivers value
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retention
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22. Good service ________ can win more customer purchasing and loyalty than if things had gone well in the first place.
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recovery
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23. Customer ________ are one of the most available yet underutilized sources of customer and market information.
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complaints
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24. Service marketers should take steps to provide their prospective customers with evidence that will help tangibilize the service. Promotional ________, employees' ________, and the service firm's physical ________ all help tangibilize service.
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material, appearance, environment
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25. A service organization should review every piece of tangible evidence to make sure that each delivers the desired organization ________ - the way a person or group views an organization - to target customers.
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image
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26. In a well‐run hospitality organization, there are two customers: ________ customers and ________.
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paying, employees
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27. Customers who buy hospitality products experience some anxiety because they cannot experience the product beforehand. One way of combating concern is to offer ________ trips, which allow meeting planners and travel agents to experience the service in a low‐risk situation.
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familiarization
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28. Managers can use the following techniques to manage capacity: a. Involve the ________ in the service delivery system; b. ________‐train employees; c. Use ________‐time employees; d. _______ or ________ extra facilities and equipment; e. Schedule downtime during periods of ________ demand; f. Change the ________‐delivery system
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customer cross part rent, share low service
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29. Managers can use the following techniques to manage demand: a. Use ________ to create or reduce demand; b. Use ________ - allow guests to request a specific time or room type; c. ________ - take more requests than you have space available; d. Revenue ________ - establish different rate "fences"; e. Use ________ - customers are helped on a "first‐come, first served" basis; f. Shift ________; g. Create ________ events - "Buy‐one‐get‐one free" or "Children eat free" are examples
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price reservations overbook management queuing demand promotional
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1. The major challenge facing today's hospitality companies is knowing how to build and maintain healthy businesses in the face of a rapidly changing ____________ and _________________.
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marketplace, environment
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2. Today businesses increasingly recognize that they must nurture other stakeholders, including ___________, ____________, ____________, and the ______________ where their businesses are located.
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customers, employees, suppliers, communities
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3. There is always a ____________ loop between satisfied customers and satisfied employees.
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synergistic
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4. [Companies] are now building ______________ teams that manage core business processes.
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cross-functional
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5. The result was a radically different approach to hotel accounting called _________ segment accounting. This new approach incorporated marketing and strategic planning into accounting rather than viewing them as separate stand‐alone areas and philosophies.
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market
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6. To carry out processes, a company needs such resources as ___________, ____________, ____________, and ____________.
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personnel, materials, machines, information
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7. More companies today have decided to __________ less critical sources.
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outsource
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8. The organizational side of a company consists of its __________, __________, and _________, all of which tend to become dysfunctional in a rapidly changing company.
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structure, policies, culture
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9. Although structure and policies can be changed, the __________ is the hardest to change.
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company
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10. At the corporate level, the company starts the strategic planning process by defining its overall __________ and __________.
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purpose, mission
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11. This is the focus of __________ planning, the process of developing and maintaining a strategic fit between the organization's goals and capabilities and its changing marketing opportunities.
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strategic
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12. The hospitality industry faces the need for greater __________ of employees, particularly at middle‐management levels.
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empowerment
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13. The hospitality and tourism industries are international and multicultural. __________ and ___________ sometimes create sharp differences in management style and in the perceived importance of strategic planning, empowerment, and other concepts discussed in this chapter.
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attitudes, culture
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14. A __________ statement is a statement of the organization's purpose—what it wants to accomplish in the larger environment.
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mission
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15. Missions are at their best when they are guided by a ___________, an almost impossible dream.
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vision
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16. The corporate mission statement should stress major __________ that the company wants to honor.
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policies
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17. Each __________ should have objectives and be responsible for reaching them.
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manager
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18. Companies are in the "hotel business" or the "cruise line business." However, market definitions of a business are __________ to product definitions.
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superior
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19. Marketing must __________, __________, and __________ opportunities and lay down strategies for capturing them.
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identify, evaluate, select
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21. First, the company could seek new products that have __________ or __________ synergies with existing product lines, even though the products may appeal to a new class of customers (concentric diversification strategy).
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technological, marketing
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22. Diversification opportunities sometimes arise as a result of new __________.
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technology
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23. Companies that diversify too broadly into unfamiliar products or industries can lose their market __________.
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focus
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24. Opportunities in diversification, market development, and product development can be seized through __________ backward, forward, or horizontally within that business's industry.
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integrating
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25. A hotel company could select __________ integration by acquiring one of its suppliers, such as a food distributor, or it could acquire tour wholesalers or travel agents (__________ integration).
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backward, forward
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26. Finally, the hotel company might acquire one or more competitors, provided that the government does not bar the move (__________ integration).
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horizontal
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27. Integrative growth offers opportunities in related businesses, but a company must have or acquire the __________ to succeed in the new business.
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expertise
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28. The goal is to create __________ for customers and build profitable customer relationships.
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value
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29. Guided by marketing strategy, the company designs an integrated marketing mix made up of factors under its control—_________, __________, __________, and __________ (the four Ps).
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product, price, place, promotion
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30. They must win customers from competitors and then keep and grow them by delivering greater value. But before it can satisfy consumers, a company must first understand their _______ and _______.
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needs, wants
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31. The process of dividing a market into distinct groups of _______ who have different needs, characteristics, or behavior who might require separate products or marketing programs is called market __________.
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buyers, segmentation
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32. Market ___________ involves evaluating each market segment's attractiveness and selecting one or more segments to enter.
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targeting
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33. A product's __________ is the place the product occupies, relative to competitors' products, in consumers' minds.
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position
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34. Thus effective positioning begins with differentiation, actually differentiating the company's market __________ so that it gives consumers more value.
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offering
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35. ________ means the goods‐and‐services combination the company offers to the target market.
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product
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36. ________ is the amount of money customers must pay to obtain the product.
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price
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37. ________ includes company activities that make the product available to target customers.
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place
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38. ________ means activities that communicate the merits of the product and persuade target customers to buy it.
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promotion
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39. It holds that the four Ps concept takes the ________ view of the market, not the ________ view.
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seller's, buyer's
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42. We define a marketing __________ as follows: an area of need that a company can perform profitably.
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opportunity
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43. We define an environmental _________ as follows: A challenge posed by unfavorable trends or developments that would lead, in the absence of defensive marketing action, to sales or profit deterioration.
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threat
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44. The business unit should strive to arrange its objectives from _______ to ________ important.
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most, least
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45. Goals indicate what a business unit wants to achieve; ________ answers how to get there.
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strategy
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1. The _______‐environment consists of factors close to the company that affect its ability to serve its customers, the company itself, marketing channel firms, customer markets, and a broad range of publics.
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micro
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3. Marketers must do more than adapt to the needs of ________ customers. They must also adapt to the strategies of other companies serving the same target markets.
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target
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4. Companies can gain strategic advantage by strongly _________ their product in the minds of consumers.
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positioning
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5. Each firm must consider its size and industry position in relation to that of its competitors in order to implement a competitive marketing _________.
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strategy
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6. Large firms with ________ positions in an industry can use strategies that smaller companies cannot afford.
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dominant
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7. Small and individually owned companies do not have to worry about __________ their products. This allows them to ________ quickly to local trends and offer more variety.
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standardizing, adapt
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8. In general a company has three variables to monitor when analyzing each of its competitors: share of _______, share of _______, and share of _______.
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market, mind, heart
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9. In addition to having behavioral loyalty, a "truly loyal" customer exhibits __________ loyalty and is more likely to make favorable recommendations.
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attitudinal
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10. "__________ loyal" customers are frequent visitors but are not emotionally attached.
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spurious
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11. The four levels of competition: ________, _________, Product __________, and Product _________.
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budget, general, category, form
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12. Suppliers are firms and individuals that provide the _________ needed by the company to _________ its goods and services.
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resources, produce
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13. When outsourcing food and beverage operations, a _________ deal creates more commitment on the chef's part because they share directly in the __________ of the company.
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partnering, profits
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14. Marketing __________ help the company promote, sell, and distribute its goods to the final buyers. They include travel agents, wholesale tour operators, and hotel representatives.
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intermediaries
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15. Hotels may create ___________ by using Internet reservations systems, making them less dependent on travel agents.
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disintermediation
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16. Marketing services agencies are suppliers that help the firm implement its marketing strategy and tactics. Their capabilities include Public __________, _________, and ______ mail housing.
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relations, advertising, direct
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17. _________ markets consist of individuals and households that purchase hospitality services for leisure activities, medical needs, and gatherings.
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consumer
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18. The company's marketing environment should include various publics. These groups have an ________ or ________ interest in or impact on an organization's ability to achieve its objectives.
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actual, potential
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19. The ________‐environment consists of the larger societal forces that affect the entire microenvironment, that is, demographic, economic, natural, technological, political, competitor, and cultural forces.
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macro
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21. _____ barriers to entry characterize the restaurant business. This makes it hard to predict future competition because _____ individuals have the means to become immediate competitors.
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low, many
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22. It takes a relatively _____ amount of capital to get started in the restaurant business.
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small
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23. Hotels have _____ barriers to entry. This is due to costs of building a hotel and scarcity of good locations.
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high
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24. At a period when existing hotels are struggling to fill their rooms, it is common to have competitors _______ the market. This is because most hotels are planned during _______ in the business cycle.
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enter, upswings
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25. ________ is the study of human populations in terms of size, density, location, age, gender, race, and occupation.
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demography
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26. Baby boomers look for _______ and research in their vacations. This is one of the reasons why all‐inclusive vacations are popular among them.
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value
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27. After the baby boomers came a generation lacking distinguishable characteristics. Known as ___________ or Baby Busters, they grew up during the recession and corporate downsizing.
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generation x
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28. Because more people are divorcing, separating, choosing not to marry, marrying later, and marrying without intending to have children, marketers are increasingly adapting to the needs of __________ households.
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nontraditional
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29. A farming environment is said to have a _________ economy. The population consumes most of its own industrial and agricultural products.
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subsistence
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30. __________ economies constitute rich markets for many different kinds of goods. This type of economy has greater market opportunities.
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industrial
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31. The US is experiencing the age of the "_________ consumer." Along with rising incomes have come increased financial burdens.
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squeezed
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32. Environmental trends that marketers must be aware of are ________ of raw materials, increasing ________, and ________ government intervention in natural resource management.
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shortages, pollution, increased
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33. Government regulation and enforcement in business practices is likely to increase in the future. Business executives should take into consideration major laws protecting _________, _________, and _________ when planning products and marketing programs.
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competition, consumers, society
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34. Each society contains __________, groups of people with shared value systems based on common life experiences or situations. These groups have specific wants and buying behavior that allow marketers to choose them as target markets.
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subcultures
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35. Believing in marriage is a core belief, while believing that people should get married early is a secondary belief. Marketers have some chance of changing _________ values but little chance of changing ____ values.
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secondary, core
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36. Many companies view the marketing environment as an __________ element to which they must adapt.
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uncontrollable
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37. Rather than watching and reacting, some firms take aggressive action to affect the publics and forces in their marketing environment. This is an example of the __________ management perspective.
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environmental
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38. By communicating the possible effects of legislation on the industry and the community, PACs can sometimes influence pending legislation. This goes to show that the __________ environment is an element of the macro‐environment that can be influenced.
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political
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39. Part of environmental ________ requires that information be collected and analyzed in the market planning process to evaluate the importance of the trends so the organization may keep them in proper perspective.
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scanning
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40. Data collected about the environment must be reliable, timely, and used in decision making. Best Western's VP of Marketing said researchers must put less emphasis on data _________ and more effort in data __________.
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collection, interpretation
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1. To create value for customers & build meaningful relationships with them, marketers must gain fresh, deep insights into what customers _______ and ________.
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need, want
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2. Most marketing managers are _________ with data and often overwhelmed by it, yet complain they lack enough information of the ________ kind.
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overloaded, right
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3. The real value of marketing research and marketing information lies in how it is used—in the customer ________ that it provides.
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insights
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4. Many companies are now restructuring and renaming their marketing ________ and _________ functions.
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research, information
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5. A marketing information system (MIS) consists of people, equipment, and procedures to _______, ________, ________, ________, and ________ needed, timely, and accurate information to marketing decision makers.
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gather, sort, analyze, evaluate, distribute
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7. A good marketing information system balances information managers _______ against that which they _______ & is feasible to obtain.
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want, need
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8. Some managers ask for whatever data they can get without thinking carefully about _______ or _________.
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cost, usefulness
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9. The costs of ________, ________, ________, and ________ information can add up quickly.
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obtaining, processing, storing, delivering
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10. Sometimes ________ information contributes little to improving a manager's decision.
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additional
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11. Internal data are accessed more ________ & ________ than other sources, but presents some problems. a. it may be ________ or in the wrong form for marketing; b. data also ________ quickly; keeping the database current requires a major effort
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quickly, cheaply incomplete age
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12. Increasingly, companies are creating data _________ to house customer data in an accessible location.
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warehouses
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13. Managers can use information gathered from these and other sources to evaluate _________ and detect _________ and opportunities.
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performance, problems
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14. Guest information is vital to: a. improving _______, b. creating effective _______ & sales _______ programs, c. developing new _______, d. improving existing _______, e. developing ________ and sales plans, f. development & use of an effective revenue _______ program
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service advertising, promotion products products marketing management
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15. An amazing amount of guest information is available from _______ records, which requires interfacing with other departments, such as reservations and accounting.
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internal
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16. A system for obtaining guest information may include any or all of these techniques: a. Personal __________, b. Guest __________ cards, c. ________ to and _________ with guests, d. ________ systems, e. Mystery _________, f. Company ________, g. __________ information
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observations comment listening, speaking automated shoppers records point-of-sale
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17. Marketing intelligence includes everyday _______ about developments that helps managers prepare and adjust marketing plans and short‐run tactics.
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data
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18. Hotel ________ and _________ are essential parts of a marketing intelligence system.
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owners, managers
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19. Members of management should be encouraged to join ________ and _________ organizations, where they are likely to obtain essential marketing information
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community, professional
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20. _________ intelligence is available from trade magazine articles, competitors' reports, speeches, press releases, brochures, and advertisements.
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competitive
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21. ________ marketing intelligence cannot answer some questions, and managers sometimes need to commission ________ marketing research.
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casual, formal
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23. The ten most common activities in which marketing researchers engage are: a. __________ of market potentials, b. ________‐share analysis, c. determination of market _________, d. ________ analysis, e. studies of business ________, f. ________‐range forecasting, g. competitive ________ studies, h. ________‐range forecasting, i. marketing _________ systems studies, j. testing of ________ products
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measurement market characteristics sales trends short product long information existing
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24. Managers must work closely with ________ to define the problem & research objectives.
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researchers
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25. If they know little about marketing research, managers may ________ the wrong information, draw wrong _________, or request ________ data than they need.
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accept, conclusions, more
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26. A marketing research project can have one of three types of objectives: a. _________ research, to gather preliminary information that will help define the problem and suggest hypotheses, b. _________ research, to describe size & composition of the market, c. _________ research, to test hypotheses about cause‐and‐effect relationships
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exploratory, descriptive, causal
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27. To meet a manager's information needs, researchers can gather ________ data, _________ data, or both.
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secondary, primary
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28. _________ data consist of information collected for the specific purpose at hand.
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primary
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29. _________ data consist of information already in existence somewhere, having been collected for another purpose.
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secondary
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30. Researchers usually start by gathering _________ data, usually obtained more quickly and at a lower cost than ________ data.
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secondary, primary
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31. Three basic research approaches are __________, __________, and _________.
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observations, surveys, experiments
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32. _________ research is gathering of primary data by observing relevant people, actions, and situations.
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observational
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33. _________ research, best suited to gathering descriptive information, can be structured or unstructured.
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survey
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34. _________ research is designed to capture cause‐and‐effect relationships by eliminating competing explanations of the observed findings.
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experimental
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35. ________ groups are usually conducted by inviting 6‐10 people to gather with a trained moderator to talk about a product, service, or organization.
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focus
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36. In‐depth _________, another form of qualitative personal interviewing, can be used when it is difficult to put together a focus group.
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surveys
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37. Qualitative research is useful to gain insight into __________ and concepts as well as insight into survey _________.
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definitions, results
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38. Marketing researchers usually draw conclusions about large consumer groups by taking a ________.
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sample
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39. __________ often omit questions that should be answered and include questions that cannot, will not, or need not be answered.
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questionnaires
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40. Researchers in the hospitality industry must be very careful in developing questions and selecting the sample not to _________ respondents unwittingly.
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offend
question
41. A written plan ensures the marketing manager and researchers have considered all important aspects of the research and agree on _____ & _______ it will be done.
answer
why, how
question
42. The plan is put into action by ________, _________, and _________ the information.
answer
collecting, processing, analyzing
question
43. ___________ is an important phase of the marketing process, as the best research is meaningless if a manager blindly accepts wrong explanations.
answer
interpretation
question
44. Marketing information has no value until managers use it to make better __________.
answer
decisions
question
45. International marketing researchers often face _________ and _________ problems than domestic researchers with homogeneous markets within a single country.
answer
more, different
question
46. Markets in many different countries often vary dramatically in levels of _________ development, ________ and customs, and _________ patterns.
answer
economic, culture, buying
question
47. _________ roles & consumer _________ processes vary from country to country, complicating research.
answer
buying, decision
question
1. Consumer purchases are strongly influenced by ________, ________, ________, and ________ characteristics. For the most part, they cannot be controlled by the marketer, but they must be taken into account.
answer
cultural, social, personal, psychological
question
2. ________ is the most basic determinant of a person's wants and behavior. It comprises the basic values, perceptions, wants, and behaviors that a person learns continuously in a society.
answer
culture
question
3. Each culture contains smaller subcultures, or groups of people with _________ value systems based on common life experiences and situations.
answer
shared
question
4. Hispanics are very ________ loyal, and they favor companies who show special interest in them.
answer
brand
question
5. Although more ________ conscious than other segments, blacks are also strongly motivated by quality and selection.
answer
price
question
6. As a group, Asian consumers shop frequently and are the ________ brand conscious of all the ethnic groups. They can be fiercely brand loyal.
answer
most
question
7. Although consumers in different countries may have some things in common, their ________, ________, and ________ often vary dramatically.
answer
values, attitudes, behaviors
question
8. Marketers must decide on the degree to which they will adapt their products and marketing programs to meet the unique needs of consumers in various markets. They want to _________ their offerings in order to simplify operations and take advantage of cost economies.
answer
standardize
question
9. Marketers are interested in social class because people within a given class tend to exhibit ________ behavior, including buying behavior.
answer
similar
question
10. Groups that have a direct influence and to which a person belongs are called ________ groups.
answer
membership
question
11. People often are influenced by ________ groups to which they do not belong.
answer
reference
question
12. The importance of group influence varies across products and brands. It tends to be _________ when the product is visible to others whom the buyer respects.
answer
strongest
question
13. The _________ remains the most important consumer buying organization in American society and has been researched extensively.
answer
family
question
14. Each role carries a status reflecting the general esteem given to it by society. People often choose products that show their ________ in society.
answer
status
question
15. Instead of throwing more one‐way commercial messages at ad‐weary consumers, they hope to use social networks to _________ with consumers and become a part of their conversations and lives.
answer
interact
question
16. The types of goods and services people buy change during their lifetimes. Preferences for leisure activities, travel destinations, food, and entertainment are often ________ related.
answer
age
question
17. A person's ________ affects the goods and services bought. For example, construction workers often buy their lunches from industrial catering trucks that come out to the job site.
answer
occupation
question
18. Companies must take advantage of opportunities caused by economic _________ and take defensive steps when facing an economic ________.
answer
upturns, downturn
question
19. Lifestyle portrays the "whole person" interacting with his or her ________. Marketers search for relationships between their products and people who are achievement oriented.
answer
environment
question
20. Personality can be useful in analyzing consumer ________ for some product or brand choices.
answer
behavior
question
21. The role of self‐concept has a ________ bearing on the selection of recreational pursuits, including golf, sailing, dirt bike riding, fishing, and hunting.
answer
strong
question
22. A person has many needs at any given time. Some are _________, arising from hunger, thirst, and discomfort. Others are _________, arising from states of tension, such as the need for recognition, esteem, or belonging.
answer
biological, psychological
question
23. Maslow's hierarchy of needs in order of importance are: a. _________ needs, b. _________ needs, c. _________ needs, d. _________ needs, e. _________ needs
answer
physiological safety social esteem self-actualization
question
24. Herzberg's theory has two implications: a. sellers should do their best to avoid ________ (e.g., a poor service policy), b. Although these things will not sell a product, they might easily ________ it.
answer
dissatisfiers un-sell
question
25. Perception is the process by which an individual _________, _________, and ________ information to create a meaningful picture of the world.
answer
selects, organizes, interprets
question
26. The key word in the definition of perception is _________.
answer
individual
question
27. Selective attention means that marketers have to work hard to attract consumers' notice. The real challenge is to explain which _________ people will notice.
answer
stimuli
question
28. Selective distortion is the tendency to ________ information into personal meanings and interpret information in a way that will fit our preconceptions.
answer
twist
question
29. Because of selective retention, we are likely to remember _________ points mentioned about competing products.
answer
good
question
30. Learning describes changes in an individual's behavior arising from ________.
answer
experience
question
31. Marketers are interested in the beliefs that people have about specific products and services. Beliefs ________ product and brand images.
answer
reinforce
question
32. Attitudes put people into a ________ of mind for liking or disliking things and moving toward or away from them. For example, many people who have developed the attitude that eating healthy food is important perceive chicken as a healthy alternative to beef and pork.
answer
frame
question
34. The ________ process starts when the buyer recognizes a problem or need.
answer
buying
question
35. How much searching a consumer does will depend on the ________ of the drive, the amount of ________ information, the ________ of obtaining more information, the ________ placed on additional information, and the ________ one gets from searching.
answer
strength, initial, ease, value, satisfaction
question
36. By gathering information, consumers increase their ________ and knowledge of available choices and product features.
answer
awareness
question
37. The set of beliefs held about a particular brand is known as the brand ________.
answer
image
question
38. A ________ function shows how the consumer expects total product satisfaction to vary with different levels of different attributes.
answer
utility
question
39. The consumer forms a purchase intention based on factors such as expected family ________, expected _________, and expected _________ from the product.
answer
income, price, benefits
question
40. Following a purchase, the consumer will be _________ or ________ and will engage in post‐ purchase actions of significant interest to the marketer.
answer
satisfied, dissatisfied
question
41. Consumers feel uneasy about acquiring the drawbacks of the chosen brand and losing the benefits of the rejected brands. Thus consumers feel some post‐purchase _______ with many purchases, and they often take steps after the purchase to reduce dissonance.
answer
dissonance
question
1. Organizational demand is ________ demand: it comes ultimately from the demand for consumer goods or services.
answer
derived
question
2. Through good __________ __________, marketers can identify emerging industries, companies, and associations.
answer
environmental scanning
question
3. Hotel managers need to understand the financial health of the __________ and __________that they serve. If clients fall on hard times, managers need to look for replacements for their lost business.
answer
corporations, associations
question
4. Compared with consumer purchases, a business purchase usually involves more __________ and a more __________ purchasing effort.
answer
buyers, professional
question
5. Professional meeting planners receive training in __________ skills. Hotels must have well‐ trained salespeople to deal with well‐trained buyers.
answer
negotiation
question
6. __________ buyers usually face more complex buying decisions than __________ buyers, because their purchases involve large sums of money, complex technical features, and economic considerations.
answer
organizational, consumer
question
7. In the organizational buying process, buyer and seller are often very __________ of each other. In other words, sales is a consultative process.
answer
dependent
question
8. The decision‐making unit of a buying organization, sometimes called the __________ __________, is defined as "all those individuals and groups who participate in the purchasing decision‐making process, who share common __________ and __________arising from the decisions".
answer
buying center, goals, risks
question
9. The buying proposal is initiated by __________ who help define product specifications.
answer
users
question
10. __________ have a direct influence on the buying decision but do not make the final decision themselves. Examples of these members include past presidents or spouses to executives.
answer
influencers
question
11. A company's sales manager selects a hotel and negotiates the arrangements. Therefore, the sales manager is a __________.
answer
decider
question
12. Although a sales manager may select and negotiate the arrangements in the buying process, they must seek the formal permission of the __________.
answer
approver
question
13. Gatekeepers have the power to prevent __________ or __________ from reaching members of the buying center. A secretary is an easy example of a gatekeeper.
answer
sellers, information
question
14. Larger sellers use __________, __________ selling to reach as many buying participants as possible. Their salespeople virtually "live" with their high‐volume customers.
answer
multilevel, in-depth
question
15. Some vendors believe that the most important influences are __________. They see buyers as favoring the supplier who offers the lowest price, best product, or most service. This view suggests that hospitality marketers should concentrate on __________ and __________ variables.
answer
economic, price, cost
question
16. In reality, organizational buyers commonly respond to both economic and __________ factors. They may respond to favors, attention, and risk avoidance.
answer
personal
question
17. Organizational buyers are heavily influenced by the current and expected economic market. Factors such as the level of __________ demand, the economic __________ and the cost are important.
answer
primary, outlook
question
18. The hospitality marketer has to be familiar with the organization's specific __________, __________, and __________ when contemplating buying decisions.
answer
objectives, policies, structure
question
19. Hospitality marketers are unlikely to know the group dynamics that take place during the buying decision process, but must learn the __________ and __________ factors that shape the organizational environment.
answer
personalities, interpersonal
question
20. Buyers exhibit different buying styles, which is why is marketers must know their customers and adapt their tactics to known __________, __________, interpersonal, and __________ factors.
answer
environmental, organizational, individual
question
21. The eight stages of the organizational buying process are defined as __________.
answer
buyphases
question
22. The buying process begins when someone in the company recognizes a need that can be met by acquiring a good or service. __________ __________ can be a result of internal or external stimuli.
answer
problem recognition
question
23. Determining the requirements of the product that would fulfill the problem is called formulating the __________ __________ __________.
answer
general need description
question
24. When the buyer compares hotels via trade directories, a computer search, phoning properties directly, or visiting a site, we say they are conducting a ___________ __________.
answer
supplier search
question
25. The final step in the buying process is actually completed postpurchase. __________ __________ of the product determines if the product met the buyer's specifications and if the buyer will purchase from the company again.
answer
performance review
question
26. The group business market is often more __________ and requires more __________ information than the consumer market.
answer
sophisticated, technical
question
27. Many group business markets will book more than a year in advance. During this time __________ ___________ may develop so marketers must keep in contact with the buyer to assure that they made the right decision in choosing the seller's hotel.
answer
cognitive dissonance
question
28. The four main categories of group business are __________, __________ meetings, ___________ meetings, and __________ groups.
answer
conventions, association, corporate, SMERF
question
29. __________ attract large numbers but occur less frequently than __________.
answer
conventions, meetings
question
30. The ___________ ___________ Exchange brings a set of standards and best practices to all parties involved in the creation and implementation of a meeting.
answer
accepted practices
question
31. Conventions are a specialty market requiring extensive meeting __________. __________ is the most popular month for conventions, followed by November, September, and April.
answer
facilities, october
question
32. Many hotels contract with independent __________ companies since their premises are not large enough to store equipment and personnel.
answer
audiovisual
question
33. Convention bureaus are __________ marketing organizations that help hotels sign conventions and meetings.
answer
nonprofit
question
34. The most important attributes of a destination for an association meeting planner are __________ of hotel and facilities, ease of __________, __________ for the attendees, and __________ costs.
answer
availability, transportation, distance, transportation
question
35. The corporation's major concern is that their meetings be __________ and accomplish the company's objectives: to __________ their employees and __________ enthusiasm.
answer
productive, educate, rejuvenate
question
36. Corporate __________ must be integrated into the meeting planning to ensure that the right mix of benefits is delivered to the client.
answer
culture
question
37. __________ __________ rewards participants for achieving a goal usually for both individual and team performance. For instance, employees of the best performing region might be recognized and win a trip to a lavish international destination.
answer
incentive travel
question
38. Destination packages are moving away from in‐house planners to __________ __________ since they specialize in purchasing __________ of airline seats and hotel rooms and can put together packages more efficiently than in‐house planners.
answer
incentive houses, blocks
question
39. SMERF stands for __________, __________, __________, __________ and __________ organizations. These are smaller specialty organizations that are price sensitive.
answer
social, military, educational, religious, fraternal
question
40. SMERF's provide good __________ business during off‐peak times because groups prefer weekend and off‐season bookings.
answer
filler
question
41. Many __________ are adding private rooms and hiring salespeople to gain their share of the meetings market.
answer
restaurants
question
42. Taking a __________ approach is more effective than negotiating items separately. By disclosing the budget first, the chef and planners can develop alternatives within a specific price range.
answer
consultative
question
43. It is commonplace for hotels to give complimentary room‐nights for every __________ room‐ nights that the group produces.
answer
fifty
question
44. Most meeting planners want their bill within one __________ of the event and __________ percent want it within two days.
answer
week, 25
question
45. One of the most important aspects creating a successful function is a __________ meeting between the hotel staff and the meeting planner to review event logistics.
answer
prefunction
question
46. Because of __________ the corporate rate qualification requirements have been dropped and are now given to any businessperson that requests it.
answer
competition
question
47. The basic corporate rate is about _____ - ______% below the hotel's rack rate. It often includes other benefits besides a discounted rate.
answer
10-15
question
48. Although the corporate contract rate is a discounted rate, it is __________ than the group rate.
answer
higher
question
49. In addition to developing hotel contracts, ___________ managers set ______ ______ rates that specify the amount a company traveler can spend on food and beverage.
answer
travel, per diem
question
50. Some corporations use in‐house travel agencies, also known as __________, which also represent other corporations, providing the advantage of __________ __________.
answer
in-plants, negotiating leverage
question
51. Hotels compensate in‐house travel agencies by straight __________, monthly __________, or a combination of commissions and fees.
answer
commissions, fees
question
1. Companies themselves vary widely in their abilities to serve different __________ of the market.
answer
segments
question
2. A company must identify the parts of the market that it can serve __________ and most __________.
answer
best, profitably
question
3. Most companies have moved away from mass marketing, toward __________ marketing.
answer
target
question
4. There are three major steps in target marketing : a. The first is market __________, dividing a market into distinct groups who might require separate products and/or marketing mixes.; b. The second step is market __________, evaluating each segment's attractiveness and selecting one or more of the market segments.; c. The third step is market __________, developing competitive positioning for the product and an appropriate marketing mix.
answer
segmentation, targeting, positioning
question
5. __________ segmentation is dividing the market into different units, such as nations, states, regions, counties, cities, or neighborhoods.
answer
geographic
question
6. Knowledge of geographic customer preferences is particularly important in ________ _______ and __________ where immigration has created pockets of customers with very different product/service preferences.
answer
North America, Europe
question
7. The success of local and regional tourism depends on creative __________ segmentation.
answer
geographic
question
8. __________ segmentation consists of dividing the marketing into groups based on variables such as age, life cycle, gender, income, occupation, education, religion, race, and nationality.
answer
demographic
question
9. Even when segments are first defined using other bases, __________ characteristics must be known to assess market size, and to reach it efficiently.
answer
demographic
question
10. Consumer ___________ change with age and some companies offer different products or strategies to penetrate various age & life‐cycle segments.
answer
preferences
question
11. __________ marketing is not simplistic, since a "typical" male or female does not exist, and many companies have erred trying to develop and market a product or service for such an individual.
answer
gender
question
12. The __________‐income consumer is by far the largest segment for the hospitality industry.
answer
middle
question
13. ___________ does not always predict which customers will buy a given product or service.
answer
income
question
14. __________ segmentation divides buyers based on social class, lifestyle, and personality characteristics.
answer
psychographic
question
15. For ___________ segmentation, buyers are divided into groups based on knowledge, attitude, and use or response to a product.
answer
behavioral
question
16. ___________ segmentation helps firms build product use, as buyers can be grouped according to occasions when they make a purchase or use a product.
answer
occasion
question
17. A __________ is a positive outcome received from a product feature.
answer
benefit
question
18. Marketers need to find ways to enhance __________ ties between the consumer and the hotel brands.
answer
emotional
question
19. In the hospitality and travel industries, marketers attempt to build brand loyalty through __________ marketing.
answer
relationship
question
20. Not all segmentation methods are equally effective, so to be useful, market segments must have the following characteristics: a. __________ ‐ the degree to which the segment's size and purchasing power can be measured.; b. __________ ‐ the degree to which segments can be assessed and served.; c. __________ ‐ The degree to which segments are large or profitable enough to serve as markets.; d. __________ ‐ : The degree to which effective programs can be designed for attracting and serving segments.
answer
measurability, accessibility, substantiality, actionability
question
21. A company should enter segments only where it can gain __________ advantages over competitors.
answer
sustainable
question
22. A __________ market consists of a set of buyers who share common needs or characteristics that the company decides to serve.
answer
target
question
23. A firm can adopt one of three market‐coverage strategies: a. __________ marketing; b. __________ marketing; c. __________ marketing
answer
undifferentiated, differentiated, concentrated
question
24. In an __________ marketing strategy, a company ignores market segmentation differences and goes after the entire market with one market offer.
answer
undifferentiated
question
25. Using __________ marketing strategy, a company targets several market segments and designs separate offers for each.
answer
differentiated
question
26. A third strategy, __________ marketing, is appealing to companies with limited resources ‐ instead of going for a small share of a large market, the firm pursues a large share of one or a few small markets.
answer
concentrated
question
27. A product's __________ is the way the product is defined by consumers on important attributes.
answer
position
question
28. When two or more firms pursue the same position, each must seek further __________.
answer
differentiation
question
29. The positioning tasks consists of three steps: a. __________ a set of possible competitive advantages on which to build a position; b. __________ the right competitive advantages; c. effectively __________ and delivering the chosen position to a carefully selected target market
answer
identifying, selecting, communicating
question
30. __________ differentiation requires selecting customer‐contact people carefully & training them well.
answer
personnel
question
31. Even when competing offers look the same, buyers may perceive a difference based on company or brand __________.
answer
image
question
32. As companies increase the number of claims for their brands, they risk disbelief & loss of clear __________.
answer
positioning
question
33. In general, a company needs to avoid three major positioning errors: a. __________, or failing to position the company at all; b. __________, or giving buyers too narrow a picture of the company; c. __________ positioning, leaving buyers with a confused image of a company
answer
underpositioning, overpositioning, confused
question
1. A product is anything that can be offered to a market for __________, __________, __________, or __________ that might satisfy a want or need. It includes physical objects, services, places, organizations, and ideas.
answer
attention, acquisition, use, consumption
question
3. Marketers must uncover the core benefit to the consumer of every product and sell these benefits rather than merely selling __________.
answer
features
question
4. Facilitating products are services or goods that must be __________ for the guest to use the core product.
answer
present
question
5. Product design requires an understanding of the __________ markets and the facilitating services that they require.
answer
target
question
6. Core products require __________ products but do not require supporting products.
answer
facilitating
question
7. Supporting products are __________ products offered to add value to the core product and help to differentiate it from the competition.
answer
extra
question
8. In summary, supporting products offer a __________ advantage only if they are properly planned and implemented. They must meet or exceed customer expectations to have a positive effect.
answer
competitive
question
9. The delivery of the service affects the customer's __________ of the service, illustrated by the room service example earlier. The augmented service offering combines what is offered with how it is delivered.
answer
perception
question
10. If a product is not accessible it has no __________.
answer
value
question
11. Two barriers to accessibility are __________ of operation and __________ of knowledge.
answer
hours, lack
question
12. __________ terms provide descriptions for the atmosphere of a particular set of surroundings.
answer
sensory
question
13. The main __________ dimensions of atmosphere are color, brightness, size, and shape.
answer
visual
question
14. The main __________ dimensions of atmosphere are volume and pitch.
answer
aural
question
15. The main __________ dimensions of atmosphere are scent and freshness.
answer
olfactory
question
16. The main __________ dimensions of atmosphere are softness, smoothness, and temperature.
answer
tactile
question
17. Bright colors, bright lights, loud noises, crowds, and movement are typical elements of a _____‐ _____ environment, whereas their opposites are characteristic of a _____‐_____ environment.
answer
high-load, low-load
question
18. As marketers we should understand what the customer wants from the buying experience and what atmospheric variables will fortify the beliefs and __________ reaction the buyers are seeking or, in some cases, escaping.
answer
emotional
question
19. In the __________ stage, the customer makes the initial inquiry contact.
answer
joining
question
20. In addition to employee-customer interaction, hospitality firms also have to consider how customers will interact with each other during the __________ stage.
answer
consumption
question
21. The __________ phase is when the customer is through using a product and departs. For example, hotel guests may need a bell person to help with the bags.
answer
detachment
question
22. The passenger paying a premium to sit in first class did not appreciate a worker in dirty construction clothes in the next seat. Hospitality organizations must manage the interaction of customers to ensure that some do not negatively affect the __________ of others.
answer
experience
question
23. Involving the guest as an employee can increase __________, improve customer __________, and reduce __________.
answer
capacity, satisfaction, costs
question
24. _____‐_____ technologies (SSTs) are a rapidly growing means for increasing customer coproduction in food‐service experiences.
answer
self-service
question
25. A brand is a name, term, sign, symbol, design, or a combination of these elements intended to __________ the goods or services of a seller and differentiate them from competitors.
answer
identify
question
26. A brand __________ is the part of a brand that can be vocalized. Examples are Disneyland, Hilton, Carnival Cruise, and Outback.
answer
name
question
27. A brand __________ is the part of a brand that can be recognized but is not utterable, such as a symbol, design, or distinctive coloring or lettering. Examples are McDonald's golden arches and Hilton's H.
answer
mark
question
28. A __________ is a brand or part of a brand given legal protection; it protects the seller's exclusive rights to use the brand name or brand mark.
answer
trademark
question
29. Brands identify the source or maker of a product and allow consumers—either individuals or organizations—to assign responsibility for its __________ to a particular company.
answer
performance
question
30. Brands signal a certain level of __________ so that satisfied buyers can easily choose the product again.
answer
quality
question
31. __________ also can translate into customer willingness to pay a higher price—often to 25 percent more than competing brands.
answer
loyalty
question
32. Marketers need to teach consumers "_____" the product is—by giving it a name and other brand elements to identify it—as well as what the product does and why consumers should care.
answer
who
question
33. Branding creates __________ structures that help consumers organize their knowledge about products and services in a way that clarifies their decision making and, in the process, provides value to the firm.
answer
mental
question
34. Brand equity is the added value endowed on products and services. It may be reflected in the way consumers _____, _____, and _____ with respect to the brand, as well as in the prices, market share, and profitability the brand commands for the firm.
answer
think, feel, act
question
35. The premise of _________‐based brand equity models is that the power of a brand lies in what customers have seen, read, heard, learned, thought, and felt about the brand over time.
answer
customer
question
36. A brand has __________ customer‐based brand equity when consumers react more favorably to a product and the way it is marketed when the brand is identified than when it is not identified.
answer
positive
question
37. Consumer __________ is what drives the differences that manifest themselves in brand equity.
answer
knowledge
question
38. The quality of the investment in brand building is the critical factor, not necessarily the __________ beyond some minimal threshold amount.
answer
quantity
question
39. A brand promise is the marketer's __________ of what the brand must be and do for consumers. At the end of the day, the true value and future prospects of a brand rest with consumers, their knowledge about the brand, and their likely response to marketing activity as a result of this knowledge.
answer
vision
question
40. Understanding consumer brand __________—all the different things that become linked to the brand in the minds of consumers—is thus of paramount importance because it is the foundation of brand equity.
answer
knowledge
question
41. Unlike food courts in which restaurants are operating by individual proprietors, multi‐branding features different brands owned by a __________ company operating under a common roof.
answer
single
question
42. This concept is similar to multi‐branding with two or more brands but with __________ ownership. These brands may or may not be operated by a single proprietor.
answer
different
question
43. Another form of co‐branding is two entirely different products that may have common ownership operating __________.
answer
together
question
44. A company can obtain new products through __________—buying a whole company, a patent, or a license to produce someone else's product.
answer
acquisition
question
45. New product development starts with idea __________, the systematic search for new ideas.
answer
generation
question
46. The company should carefully define the new product development strategy. The strategy should start with what products and __________ to emphasize.
answer
markets
question
47. The company's __________ are another good source because they are in daily contact with customers.
answer
salespeople
question
48. Consumer needs and wants can be examined through consumer __________.
answer
surveys
question
49. Often, the copy product is of inferior quality and may create a _____ reputation for the product class, so when the original company enters the market it must overcome a negative image.
answer
poor
question
50. __________ are close to the market and can pass along information about consumer problems and new product possibilities.
answer
distributors
question
51. __________ can tell the company about new concepts, techniques, and materials that can be used to develop new products.
answer
suppliers
question
52. The idea or __________ screening stage is the appropriate time to review carefully the question of product line compatibility.
answer
concept
question
53. A product __________ envisions a possible product that company managers might offer to the market.
answer
idea
question
54. A product __________ is a detailed version of the idea stated in meaningful consumer terms.
answer
concept
question
55. A product __________ is the way that consumers picture an actual or potential product.
answer
image
question
56. A clear product concept greatly assists with __________, __________, and __________.
answer
branding, trade, positioning
question
57. Concept testing occurs within a group of target consumers. New product concepts may be presented through word or __________ descriptions.
answer
picture
question
58. The next step is marketing strategy development: designing an initial marketing strategy for __________ the product into the market.
answer
introducing
question
59. The first part describes the target market, the planned product __________, and the sales, market share, and profit goals for the first few years.
answer
positioning
question
60. The second part of the marketing strategy statement outlines the product's planned price, distribution, and marketing __________ for the first year.
answer
budget
question
61. The third part of the marketing strategy statement describes the planned long‐run sales, __________ goals, and marketing mix strategy.
answer
profit
question
62. Market testing allows the marketer to gain __________ in marketing the product, to find potential problems, and to learn where more information is needed before the company goes to the great expense of full introduction.
answer
experience
question
64. During product __________, sales are zero and the company's investment costs add up.
answer
development
question
65. __________ is a period of slow sales growth as the product is being introduced into the market. Profits are nonexistent at this stage because of the heavy expenses of product introduction.
answer
introduction
question
66. __________ is a period of rapid market acceptance and increasing profits.
answer
growth
question
67. __________ is a period of slowdown in sales growth because the product has achieved acceptance by most of its potential buyers.
answer
maturity
question
68. __________ is the period when sales fall off quickly and profits drop.
answer
decline
question
69. In practice, it is very hard to __________ the sales level at each PLC stage, the length of each stage, and the shape of the PLC curve.
answer
forecast
question
70. The product's current PLC position suggests the best marketing strategies, and the resulting marketing strategies affect product __________ in later life‐cycle stages.
answer
performance
question
1. Marketing must be part of the __________ of the organization, and the marketing function should be carried out by all __________ employees.
answer
philosophy, line
question
2. In __________ firms, the marketing function is often carried out by a marketing department because many employees do not interact with the customer.
answer
manufacturing
question
3. No matter how much one spends on the __________ environment, the __________ environment has to be warm and friendly for guests to return.
answer
physical, human
question
4. Richard Normann developed the term __________ of __________, which occurs when employee and customer have contact.
answer
moments, truth
question
5. The service delivery process is a combination of the tools employed by the firm's representative and the __________ and __________ of the client.
answer
expectations, behavior
question
6. The hospitality industry is unique in that __________ are part of the product. Therefore, the hotel must have a staff that will perform well when in contact with customers.
answer
employees
question
7. __________ marketing attracts guests, but this does little good if the __________ do not meet or exceed guest expectations.
answer
external, employees
question
8. Internal marketing ensures that employees at all levels of the organization __________ the business and __________ its various activities and campaigns in an environment that supports __________ consciousness.
answer
experience, understand, customer
question
9. A major barrier to most internal marketing programs is __________ __________.
answer
middle management
question
10. __________ have been trained to watch costs and increase profits. Therefore, most company __________ systems are based on achieving certain cost levels.
answer
managers, reward
question
11. __________ must develop a service culture: a culture that supports guest satisfaction through policies, procedures, reward systems, and actions.
answer
management
question
12. An __________ culture is the pattern of shared values and beliefs that gives members of an organization meaning, providing them with the rules for __________ in the organization.
answer
organizational, behavior
question
13. The employee must have a degree of discretion over the __________ and __________ of the experience to ensure the customer's differing needs and expectations are met.
answer
creation, delivery
question
14. When an organization has a __________ culture, the organization and its employees act as one. However, a company with a strong culture doesn't always have a __________ culture.
answer
strong, service
question
15. A weak service culture results in __________ employees who cannot make decisions outside the rules and regulations.
answer
insecure
question
16. A strong service culture often means __________ service that does not have the limitations of a chain of command.
answer
quicker
question
17. The conventional organizational structure is __________. The CEO is at the peak, followed by the general manager, the department heads, line employees, and customers.
answer
triangular
question
18. The problem with the conventional organizational structure is that everyone is trying to please their __________. This takes attention away from the __________.
answer
boss, customer
question
19. An advantage of a strong culture is that it prepares employees to handle __________ __________.
answer
nonroutine transactions
question
20. Management exhibits confidence in their ability to _____ and _____ employees by trusting their employees' decisions.
answer
hire, train
question
21. Hospitality firms are now using technology to serve __________ customer transactions. In time, employees will be dealing with increasingly non‐routine tasks. Self‐confident __________ will take advantage of technology designed to enhance and hasten guest service.
answer
routine, guests
question
22. Managers must use the principles of marketing to __________ and _________ employees. They must research and develop and understanding of employee needs.
answer
attract, retain
question
23. Marketers can use marketing research techniques to __________ the employee market. Marketing mix factors include job, pay, benefits, location, and transportation among others.
answer
segment
question
24. __________ should be developed with prospective employees in mind, building a positive image of the firm for present and future __________ and __________.
answer
advertising, employees, customers
question
25. The service product is in part the __________ the employee delivers with the service experience.
answer
attitude
question
26. Service characteristics like __________ require the employee to display more initiative, to cope more effectively with stress and to be more interpersonally __________.
answer
intangibility, sensitive
question
27. Southwest Airlines considers employee training to be a __________ process, which is why they cross‐train their employees on __________ jobs to enrich every employee's work experience.
answer
continuous, multiple
question
28. An employee's __________ to handle guest's requests help form an initial __________ of a hotel or a restaurant.
answer
willingness, impression
question
29. An effective internal marketing program demands close cooperation between __________ and __________ __________ management.
answer
marketing, Human Resources
question
30. Organizations that lack __________ create an uncomfortable environment for the guest. Customers should not have to learn the hotel's organizational chart.
answer
teamwork
question
31. If employees are not __________ about the company they work for and __________ about the products they sell, it will be difficult to acquire and retain customers.
answer
enthusiastic, knowledgeable
question
32. Companies that lead their industries in customer service emphasize _____‐______ and __________ experiences. To do this, they rotate new employees through all departments in a hotel.
answer
cross-training, shared
question
33. As employees' job __________, job __________, and job __________ improve, their customer focus also improves.
answer
satisfaction, involvement, security
question
34. Some common methods of managing __________ ___________ include monitoring overtime, avoiding double shifts, encouraging work breaks, and supporting fellow employees.
answer
emotional labor
question
35. If you want to improve employee performance, you must ensure that they accurately __________ the practices, procedures, and behaviors that are __________, __________, and __________ of them.
answer
perceive, rewarded, supported, expected
question
36. Reward systems in the hospitality and travel industries used to be based only on meeting __________ __________ such as achieving certain labor and food costs or increasing revenue.
answer
financial objectives
question
37. Reward systems based on __________ __________ are one method of rewarding employees in a customer‐oriented company.
answer
customer satisfaction
question
38. The actions of management are one way that an organization __________ with its employees. Management at all levels must understand that they are being watched for cues about expected __________.
answer
communicates, behavior
question
39. Hospitality organizations should use __________ as part of their internal communication. Most companies distribute regular employee newsletters.
answer
publications
question
40. Managers need to communicate company vision to employees and must in turn receive __________ __________ from the employees to determine how to adjust the company objectives.
answer
customer insight
question
41. Hotels can use __________ and __________ to provide employees with product knowledge.
answer
technology, training
question
42. Without the proper information and support, employees will show __________ towards the implementation of new technology and policy.
answer
resistance
question
43. Employee __________ have been found to be a contributing factor in role playing, acting as a vivid cue that can encourage employees to engage in certain __________.
answer
uniforms, behavior
question
1. Reducing prices unnecessarily can lead to lost profits and damaging price wars and signal that the price is more important than customer __________.
answer
value
question
2. __________ is the only marketing mix element that produces revenue.
answer
price
question
3. __________ is the least understood marketing variable, yet is controllable in an unregulated market.
answer
pricing
question
4. The most common pricing mistakes include: a. pricing that is too __________ oriented; b. prices that are not revised to reflect __________ changes; c. pricing that does not take the rest of the marketing __________into account; d. prices that are not varied enough for different product items and market __________
answer
cost, market, mix, segments
question
5. Many companies want to set a price that will __________ current profits.
answer
maximize
question
6. Some companies want a __________ market‐share position, believing the largest market share will eventually enjoy low costs and high long‐run profit.
answer
dominant
question
7. Price must be coordinated with __________, __________, and __________ decisions to form a consistent and effective marketing program.
answer
design, distribution, promotion
question
8. A company wants to charge a price that covers costs for __________, __________ & __________ the product.
answer
producing, distributing, promoting
question
9. __________ costs (aka overhead) are costs that do not vary with production or sales level.
answer
fixed
question
10. __________ costs vary with the total of units produced.
answer
variable
question
11. __________ costs are the sum of the fixed and variable costs for any given level of production.
answer
total
question
12. While costs set the lower limits of prices, the __________ and __________ set the upper limit.
answer
market, demand
question
13. Before setting prices, a marketer must understand the relationship between __________ & __________ for a product.
answer
price, demand
question
14. __________, part of effective revenue management, involves training sales & reservations employees to continuously offer a higher‐priced product.
answer
upselling
question
15. __________‐oriented pricing means the marketer cannot design a marketing program and then set the price.
answer
buyer
question
16. Good pricing begins with analyzing consumer __________ and price __________.
answer
needs, perceptions
question
17. Buyers are __________ price‐sensitive when the product is unique or high in quality, prestige, or exclusiveness.
answer
less
question
18. Consumers are less price‐sensitive when __________ products are hard to find.
answer
substitute
question
19. If demand is __________ rather than __________, sellers generally consider lowering their prices.
answer
elastic, inelastic
question
20. Creating the perception that your offering is __________ from those competitors avoids price competition.
answer
different
question
21. Existence of __________ of which buyers are unaware cannot affect their purchase behavior.
answer
alternatives
question
22. Customers are more price‐sensitive when the price of the product accounts for a large share of the total cost of the end __________.
answer
benefit
question
23. Many purchases have __________ costs.
answer
nonmonetary
question
24. The more someone spends on a product, the more __________ he or she is to the product's price.
answer
sensitive
question
25. Consumers tend to equate price with __________, especially when they lack prior product experience.
answer
quality
question
26. When reacting to environmental pressures created by the __________‐environment, a company must consider the impact its pricing policies will have on its __________‐environment.
answer
macro, micro
question
27. Companies set prices by selecting a general pricing approach including one or more of these sets of factors: a. the __________‐based approach (cost‐plus pricing, break‐even analysis, and target profit pricing); b. the __________‐based approach (perceived value pricing); c. the __________‐based approach (going rate)
answer
cost, value, competition
question
28. The simplest pricing method is __________‐plus pricing, adding a standard markup to the cost of the product.
answer
cost
question
29. __________‐based pricing uses the buyers' perceptions of value, not the seller's cost, as the key to pricing.
answer
value
question
30. A strategy of ______ ‐______ pricing is the establishment of price based largely on those of competitors, with less attention paid to costs or demand.
answer
going-rate
question
31. When __________ is hard to measure, firms feel that the going price represents the collective wisdom of the industry concerning the price that will yield a fair return.
answer
elasticity
question
32. __________ Pricing ‐ hotels or restaurants seeking to position themselves as luxurious and elegant enter the market with a high price to support this position.
answer
prestige
question
33. Market‐__________ Pricing ‐ setting a high price when the market is price‐insensitive.
answer
skimming
question
34. Market‐__________ Pricing ‐ other companies set a low initial price to penetrate the market quickly & deeply, attracting many buyers and winning a large market share.
answer
penetration
question
35. Product‐__________ Pricing ‐ sellers combine several products and offer them at a reduced price.
answer
bundle
question
36. __________ pricing refers to segmentation of the market & pricing differences based on price elasticity characteristics of these segments.
answer
discriminatory
question
37. Companies often adjust basic prices to allow for differences in __________, __________, and __________.
answer
customers, products, locations
question
38. The concept behind revenue management is to manage __________ & __________ effectively by pricing differences based on the elasticity of demand for selected customer segments.
answer
revenue, inventory
question
39. An effective revenue management system establishes __________ to prohibit customers from one segment receiving prices intended for another.
answer
fences
question
40. When companies use __________ pricing, they temporarily price their products below list price.
answer
promotional
question
41. __________ demand leads to price increases.
answer
excess
question
1. Producing a product or service and making it available to buyers requires building __________ not just with customers, but also with key suppliers and resellers in the company's supply chain.
answer
relationships
question
2. __________ from the company is the set of firms that supply the raw materials, components, parts, information, finances, and expertise needed to create a product or service.
answer
upstream
question
3. Downstream marketing channel partners, such as __________ and __________, form a vital connection between the firm and its customers.
answer
wholesalers, retailers
question
4. A well‐managed distribution system can make the difference between a market‐share __________ and a company struggling for survival.
answer
leader
question
5. __________, a __________ marketplace, __________ distribution techniques, and a __________ product have increased the importance of distribution.
answer
competition, global, electronic, perishable
question
6. __________ has meant that many hotel companies must choose foreign partners to help them market or distribute their products.
answer
globalization
question
7. A distribution channel is a set of __________ organizations involved in the process of making a product or service available to the consumer or business user.
answer
independent
question
8. Distribution networks in the hospitality industry consist of contractual agreements and loosely organized __________ between independent organizations.
answer
alliances
question
9. In the hospitality and travel industries, distribution systems are used to move the __________ to the product: the hotel, restaurant, cruise ship, or airplane.
answer
customer
question
10. Selling through wholesalers and retailers usually is much more efficient than direct __________.
answer
sales
question
11. A distribution channel moves goods from __________ to consumers. It overcomes the major time, place, and possession gaps that separate goods and services from those who would use them.
answer
producers
question
12. __________: Gathering and distributing marketing research and intelligence information about the marketing environment
answer
information
question
13. __________: Developing and spreading persuasive communications about an offer
answer
promotion
question
14. __________: Agreeing on price and other terms of the offer so that ownership or possession can be transferred
answer
negotiation
question
15. Risk taking: Assuming financial risks such as the inability to sell __________ at full margin
answer
inventory
question
16. Shifting functions to the intermediary may keep producer costs and prices low, but intermediaries must add a __________ to cover the cost of their work. To keep costs low, functions should be assigned to channel members who can perform them most efficiently.
answer
charge
question
17. Each layer that performs some work in bringing the product and its ownership closer to the final buyer is a __________ level.
answer
channel
question
18. From the producer's point of view, a greater number of intermediaries in the channel means less __________, more __________, and more __________.
answer
control, complexity, cost
question
19. A __________ must choose the intermediaries that will make up the distribution system and the number of levels that the distribution system will have.
answer
manager
question
20. One way of reaching a geographically __________ marketplace is through travel agents.
answer
diverse
question
21. Hotels seeking travel agent business must make it easy for agents to make reservations. Providing toll‐free reservation __________ is essential.
answer
numbers
question
22. Hotels must do everything possible to make a __________ impression on guests booked through travel agents to ensure future business from that agent.
answer
favorable
question
23. __________ travel agents are one of the strongest areas of the travel agency business.
answer
corporate
question
24. In developing a package, a tour wholesaler contracts with airlines and hotels for a specified number of seats and rooms, receiving a __________ discount.
answer
quantity
question
25. The tour wholesaler has to provide a __________ for the travel agent and give consumers a package that is perceived to be a better value than what they could arrange on their own.
answer
commission
question
26. With the increased number of international resorts, tour wholesalers are becoming a powerful member of the __________ channel.
answer
distribution
question
27. Tour __________ sell motor coach tours, which are attractive to a variety of markets.
answer
brokers
question
28. Motivational houses provide __________ travel offered to employees or distributors as a reward for their efforts.
answer
incentive
question
29. __________ reps serve the casino industry as intermediaries for premium players. Junket reps maintain lists of gamblers who like to visit certain gaming areas, such as Reno, Las Vegas, or Atlantic City, and they work with one or a few casinos rather than the entire industry.
answer
junket
question
30. It is often more effective for hotels to hire a hotel representative than to use their own salesperson. This is true when the market is a __________ one and when cultural differences may make it hard for an outsider to penetrate the market.
answer
distant
question
31. __________ changes in hotel representatives are not cost efficient or cost effective.
answer
frequent
question
32. National, state, and local tourist agencies are an excellent way to get __________ to the market and gain room bookings.
answer
information
question
33. State agencies __________ the state resources and attractions overseas, nationally, and in the state itself.
answer
promote
question
34. Reservation systems provide a __________ reservation system for hotels. They usually provide the system for small chains or provide an overseas reservation service, allowing international guests to call a local number to contact the hotel.
answer
central
question
35. A __________ is a group of hospitality organizations that is allied for the __________ benefit of the members.
answer
consortium, mutual
question
36. The consortium allows a property to be independent in ownership and management while gaining the advantages of __________ marketing.
answer
group
question
37. The difference between a consortium and reservation company is that the __________ provides a more comprehensive range of marketing services and its members pay for these services with initial joining fees and annual fees.
answer
consortium
question
38. Global __________ systems (GDSs) are computerized reservation systems that serve as a product catalog for travel agents and other distributors of hospitality products.
answer
distribution
question
39. Internet reservations account for almost _____ percent of leisure and business travel bookings.
answer
40
question
40. Almost all hotel brand Web sites offer a low price guarantee. This encourages guests to book __________ with the hotel company, rather than through an intermediary.
answer
directly
question
41. One model of distribution on the Internet is called the __________ model. In this model distributors mark up discounted net‐rate hotel rooms.
answer
merchant
question
42. Priceline and Hotwire use an __________ system where the buyer cannot specify any particular hotel or airline; thus, someone with a brand preference cannot compare prices with specific hotels.
answer
opaque
question
43. Persons who purchase from a third party on the Internet pay the __________ party.
answer
third
question
44. Point of sale (POS) systems are now available that allow guests to make __________ over the Internet and include when they want to pick up the order.
answer
reservations
question
45. One of the major advantages of the Internet is it saves __________. The Internet is an excellent example of how service companies can get the customer to be their employee.
answer
labor
question
46. Each channel member is __________ on the others, playing a role in the channel and specializing in performing one or more functions.
answer
dependent
question
47. Although channel members depend on each other, they often act alone in their own short‐run best interests. They frequently disagree on the roles each should play or who should do what for which rewards. Such disagreements over goals and roles generate channel __________.
answer
conflict
question
48. __________ conflict is conflict between firms at the same level of the channel.
answer
horizontal
question
49. __________ conflict, which is more common, refers to conflicts between different levels of the same channel.
answer
vertical
question
50. Some conflict in the channel takes the form of healthy competition. Without it, the channel could become __________ and __________.
answer
passive, noninnovative
question
52. By contrast, a vertical marketing system (VMS) consists of __________, __________, and __________ acting as a unified system. One channel member owns the others, has contracts with them, or wields so much power that they all cooperate.
answer
producers, wholesalers, retailers
question
53. In a corporate VMS, coordination and conflict management are attained through __________ ownership at different levels in the channel.
answer
common
question
54. A contractual VMS consists of independent firms at different levels of production and distribution who join through __________ to obtain economies or sales impact.
answer
contracts
question
55. Franchising is a method of doing business by which a franchisee is granted the right to engage in offering, selling, or distributing goods or services under a marketing format which is designed by the franchisor. The franchisor permits the franchisee to use its __________, __________, and __________.
answer
trademark, name, advertising
question
56. One of the reasons for the popularity of franchising is that it is the __________ way to start a new business.
answer
safest
question
57. One of the reasons that companies decide to franchise is that it allows for increased __________ of their products.
answer
distribution
question
58. A variation of the traditional form of franchising is __________. In this form of franchising, the franchisor sells the right to distribute a franchise to a third party, and this agent then sells to the franchisees.
answer
subfranchising
question
59. __________, another form of contractual agreement, are developed to allow two organizations to benefit from each other's strengths.
answer
alliances
question
60. Another channel development is __________ marketing systems (HMS), in which two or more companies at one level join to follow a new marketing opportunity.
answer
horizontal
question
61. Today, with the proliferation of customer segments and channel possibilities, more companies have adopted __________ marketing distribution.
answer
multichannel
question
62. To design an effective __________, the company must understand the services its customers require and then balance the needs of those customers against the feasibility and costs of meeting them.
answer
channel
question
63. Just as a company carefully chooses its employees, it should carefully choose channel members. These firms will represent the company and will be partially responsible for the company's __________.
answer
image
question
64. __________ costs are created when we discount products, only to find out that we could sell them for a higher price.
answer
opportunity
question
65. Using sales representatives offers ___________ control than building your own sales force.
answer
less
question
66. One of the most important aspects of distribution for hospitality organizations is __________.
answer
location
question
The Internet has created a new marketing phenomenon called viral marketing. Some business experts claim viral marketing is electronic ________ ___ ________.
answer
word of mouth
question
Others claim viral marketing differs because the __________ & those who spread the message have a vested interest in __________ others to spread the word.
answer
originator, recruiting
question
Ease of use of the ________ combined with other sources for electronic communication such as text messaging makes these forms of media ideal for viral marketing.
answer
Internet
question
Many people delete __________ __________ and often spam filters prevent people from even receiving them. In viral marketing the message is coming from a __________, so it is opened.
answer
email advertisements, friend
question
Good __________ is a crucial element in a company's efforts to build profitable customer relationships.
answer
communication
question
A company's promotion mix—its marketing communications mix—consists of the tools the company uses to communicate __________ __________ and build customer __________ persuasively.
answer
customer value, relationships
question
The whole marketing mix must be integrated to deliver a __________ message & __________ __________ .
answer
consistent, strategic positioning
question
Five major promotion tools: __________ , sales __________ , __________ __________, __________ __________ , and __________ __________ .
answer
advertising, promotion, personal selling, public relations, direct marketing
question
In past decades, marketers perfected mass marketing: selling highly __________ products to consumer masses. They developed effective mass __________ techniques to support these strategies.
answer
standardized, media
question
Today, no other area of marketing is changing so profoundly as marketing __________ .
answer
communications
question
Several major factors are changing the face of today's marketing communications: consumers are better __________ and use the Internet to exchange __________ -related information and marketers are shifting away from __________ __________ .
answer
informed, brand, mass marketing
question
New communications technologies give companies new media for interacting with targeting consumers who have more control over the __________ and __________ of messages they choose to __________ & __________ .
answer
nature, timing, send, receive
question
__________ marketing & the changing communications environment are giving birth to a new marketing communications model: television, magazines & other mass media are __________ .
answer
targeted, declining
question
Companies are doing less broadcasting and more __________ .
answer
narrowcasting
question
Some advertising industry experts predict a doom-and-gloom "chaos scenario" in which the old "__________ __________ __________ " model will collapse entirely.
answer
mass media communications
question
Consumers, especially __________ ones, appear to be turning away from the major television networks in favor of cable TV or altogether different media.
answer
younger
question
Large advertisers are shifting away from network TV to more __________ , __________, __________ media.
answer
targeted, cost-effective, interactive
question
Conflicting messages from different sources can result in confused company __________ , __________ positions, and customer relationships. Mass media advertisements say one thing while a price __________ sends a different signal.
answer
images, brand, promotion
question
These communications often come from different parts of the company: * Ads are planned & implemented by the advertising department or an agency * __________ __________ communications are developed by sales * Specialists are responsible for __________ __________ and __________ _________
answer
personal selling, public relations, promotional events
question
More companies are adopting __________ __________ __________ . Under this concept the company integrates its many communications channels to deliver a clear, consistent, and compelling message about the organization and its brands.
answer
integrated marketing communications
question
IMC calls for recognizing __________ __________ where the customer may encounter the company & its brands. Each brand contact will deliver a message, whether good, bad, or indifferent.
answer
contact points
question
IMC ties together all company messages & images because different media play unique roles in __________ , __________ , and __________ consumers.
answer
attracting, informing, persuading
question
Some companies appoint marketing communications directors, with overall responsibility for company communications efforts. It places the responsibility in someone's hands to __________ the company's image as it is shaped by thousands of company activities. The starting point is an __________ of all the potential interactions target customers may have with the company.
answer
unify, audit
question
Target audience heavily affects... __________ will be said; __________ will say it and __________ , __________ and __________ it will be said.
answer
what, who, how, when, where
question
Determining the Communication Objective: the marketing communicator must decide what __________ is sought, in most cases, the __________ .
answer
response, purchase
question
The communicator needs to know where the target audience __________ in relation to the product and to what state it needs to be moved.
answer
stands
question
A target audience may be in any of six states: (1) __________ ; (2) __________ ; (3) __________ ;(4) __________ ; (5) __________ (6) __________ .
answer
awareness, knowledge, liking, preference, conviction, purchase
question
Selecting Communication Channels - two broad types of communication channels are __________ and __________ .
answer
personal, nonpersonal
question
Nonpersonal communication channels are media that carry messages without personal contact or __________ media.
answer
feedback
question
Factors that make a source credible: * __________ - communicator's perceived authority needed to back the claim * __________ - how objective and honest the source appears to be * __________ - is how attractive the source is to the audience
answer
expertise, trustworthiness, likability
question
Sales Method: Many companies set their __________ budget at a certain percentage of current or forecasted sales
answer
promotion
question
Competitive Parity Method: Some companies watch __________ advertising or get promotion spending estimates from publications or __________ __________.
answer
competitor, trade associations
question
For hotels, restaurants & other hospitality companies, __________ represents the largest __________ item in their budgets.
answer
advertising, expenditure
question
Advertising can reach masses of __________ dispersed buyers at a low cost __________ __________ .
answer
geographically, per exposure
question
Personal selling is the most effective tool at building buyer __________ , __________ , and __________ . It involves personal interaction between two or more people, allowing each to observe the other's __________ and __________ and make quick __________ .
answer
preference, conviction, purchase, needs, characteristics, adjustments
question
Sales promotion can __________ product offers & boost sagging sales; however, short-lived effects don't build long-run __________ __________ .
answer
dramatize, brand preference
question
Public relations can reach many prospects who __________ salespeople & advertisements. A relatively new addition is the infomercial, a hybrid between __________ and __________ __________ .
answer
avoid, advertising, public relations
question
Promotional tools vary in their effects at different stages of buyer readiness. Advertising plays a major role in the __________ and __________ stages.
answer
awareness, knowledge
question
Closing the sale is accomplished primarily with sales __________ and sales __________ . These are high-costs and should focus on later stages.
answer
calls, promotion
question
Product Life-Cycle Stage: effects of promotion tools also vary with stages of the product life cycle: __________ , __________ , __________ , __________ .
answer
introduction, growth, mature, decline
question
The first step an advertising program is to set advertising __________ based on information about the target __________ , positioning, and marketing mix.
answer
objectives, market
question
If your property or service is __________ with the claims made, you will probably do little more than increase the number of dissatisfied guests.
answer
inconsistent
question
Another decision is how much will be spent for __________ and how much for tactical advertising. Tactical advertising deals with sales promotions and often includes __________ __________ .
answer
strategic, price discounts
question
When times are tough, there is a tendency to __________ the advertising budget, which can lead to continued poor __________ and the eventual decline of the business.
answer
cut, sales
question
To gain & hold attention, today's ad messages must be better planned: more __________ , __________ , and __________ to consumers.
answer
imaginative, entertaining, rewarding
question
The advertiser must decide the amount of advertisement exposure: __________ measures percentage of people exposed to the ad campaign and __________ measures how many times the average person is exposed to the message.
answer
reach, frequency
question
The advertiser must decide how to schedule advertising over the course of a year. __________ means scheduling ads evenly in a given period while __________ is scheduling ads in bursts.
answer
continuity, pulsing
question
To spend a large advertising budget wisely, advertisers must: define their advertising __________ , develop a sound __________ , create a good __________ , make __________ decisions, __________ the results
answer
objectives, budget, message, media, evaluate
question
__________ __________ (PR) is an important tool that until recently was treated as a marketing stepchild.
answer
public relations
question
Companies are realizing that __________ marketing is no longer the answer to some of their communication needs.
answer
mass
question
Advertising __________ continue to rise, audience __________ continues to decline, and clutter reduces ad __________ .
answer
costs, reach, impact
question
In this environment, public relations holds __________ as a cost-effective promotional tool.
answer
promise
question
PR departments perform five activities, not all of which feed into direct product support: -Press __________ - placing newsworthy information in the media to attract attention to a person, product, or service -Product __________ - efforts to publicize specific products -Corporate __________ - internal & external communications and promoting understanding of the organization -__________ - dealing with legislators and government officials to promote or defeat legislation & regulation -__________ - advising management about public issues and company positions and image
answer
relations, publicity, communication, lobbying, counseling
question
__________ is the task of securing editorial and news space, as opposed to paid space, in print & broadcast media to promote a product or a service.
answer
publicity
question
Publicity builds corporate image in a way congruent with the organization's __________ strategy.
answer
communication
question
Public relations are the most important promotional tool available to __________ & individual __________ .
answer
entrepreneurs, properties
question
An important area of public relations is __________ __________ , because not all publicity is good.
answer
crisis management
question
The first step in crisis management is taking all precautions to __________ occurrence of negative events.
answer
prevent
question
__________ crises give warning before they occur, and can often be eliminated with good management.
answer
smoldering
question
Sales __________ consists of short-term incentives to encourage purchase or sale of a product or service.
answer
promotion
question
Sales promotion includes a variety of promotional tools designed to stimulate earlier or stronger market response: -__________ promotion (samples, coupons, rebates, premiums, contests, demonstrations) -__________ promotion-buying allowances (free goods, cooperative advertising, and push money) -__________ __________ promotion (bonuses and contests)
answer
consumer, trade, sales force
question
Sales promotions are most effective when they are used with __________ or __________ selling.
answer
advertising, personal
question
__________ -related promotions are another local area marketing tactic, bring business to the hotel or restaurant and help the community.
answer
cause
question
A good local campaign creates community __________ and exposure for the establishment.
answer
goodwill
question
Success or failure within the hospitality industry ultimately rests on the ability to __________.
answer
sell
question
__________ selling is the most expensive contact and communication tool used by the company.
answer
personal
question
As companies move toward a stronger market orientation, their sales forces need to become more __________ focused and __________ oriented.
answer
market, customer
question
The newer view is that salespeople should know how to analyze sales __________ , measure market __________ , gather market __________ , develop marketing __________ and plans, and become proficient at the use of sales __________ .
answer
data, potential, intelligence, strategies, tactics
question
Objectives ensure that __________ goals are met. Goals may include revenue, market share, improving corporate image, and many others.
answer
corporate
question
By establishing specific values for business that has already been booked, hotel managers can encourage salespeople to increase the __________ of existing resources. If salespeople have clearly established goals and objectives for a second chance to increase their rewards, they may work harder to achieve goals.
answer
productivity
question
Structure of a hotel sales department depends on the __________ of the organization, __________ of the property, __________ of the market, and __________ of hotel.
answer
culture, size, nature, type
question
Territories are easy to administer, their sales potential is easy to __________ , they reduce total travel __________ , and they provide a sufficient and equitable __________ and sales potential for each sales representative.
answer
estimate, time, workload
question
Companies often __________ their sales forces along market segment lines.
answer
specialize
question
The obvious advantage of market specialization is that each sales force can become knowledgeable about specific market __________ .
answer
segments
question
The importance of marketing __________ , such as wholesalers, tour operators, travel agencies and junket reps, to the hospitality industry has created sales force structures to serve marketing channels.
answer
intermediaries
question
The __________ , __________ , and __________ of hospitality company greatly affect the relative importance of travel intermediaries. This in turn affects whether a company designs its sales force structure by travel intermediary.
answer
location, size, type
question
Some hotels and resorts have a sales force structured by product, market segment or channel and customer. This is often a reaction to __________ and __________ forces rather than the result of strategic thinking.
answer
internal, market
question
Size of a sales force is determined by market __________ , __________ , corporate __________ and __________ .
answer
changes, competition, strategy, policies
question
__________ selling has proved to be an effective and powerful tactic to reach and retain key customers. Its opportunities and limitations are only beginning to be realized in the hospitality industry.
answer
team
question
Hospitality companies traditionally design departments along __________ lines.
answer
functional
question
Today's sales managers may have two types of salespeople within their departments: an __________ sales force and a __________ sales force.
answer
inside, field
question
In addition to traditional objectives, like increased occupancy, other non-quantifiable objectives are sometimes established for teams. These generally deal with enhancing __________ and __________ or using the team as a human resource training pool.
answer
image, goodwill
question
The goal of personal selling was traditionally viewed as a specific __________ with a customer.
answer
contract
question
__________ marketing is based on the premise that important accounts need focused and continuous attention.
answer
relationship
question
At the heart of a successful sales force operation is the selection of effective sales __________.
answer
representatives
question
A study of superachievers found that super sales performers exhibit the following traits: __________ taking, powerful sense of __________ , problem-solving bent, care for the __________ , and careful __________ .
answer
risk, mission, customer, planning
question
One of the shortest lists concluded that the effective salesperson has two basic qualities: __________ , the ability to feel as the customer does; and __________ drive, a strong personal need to make the sale.
answer
empathy, ego
question
Sales successes within the hospitality industry depends on development of excellent long-run relationships with __________ or __________ .
answer
clients, accounts
question
The 80/20 rule prevails within the hospitality industry. This concept says that a __________ of a firm's business comes from a __________ of its customers. .
answer
majority, minority
question
Many accounts represent infrequent purchases or low-yield business. These accounts cannot bear the cost of __________ sales calls or expensive __________ .
answer
personalized, promotions
question
The salesperson now tells the product "story" to the buyer, following the AIDA formula of gaining __________ , holding __________ , arousing __________ , and obtaining __________ .
answer
attention, interest, desire, action
question
The two parties need to reach agreement on the price and other terms of sale. Salespersons need to win the order without making deep __________ that will hurt profitability.
answer
concessions
question
Sales quotas are often set __________ than the sales forecast in order to stretch sales managers and salespeople to perform their best level.
answer
higher
question
The __________ -quota school sets quotas higher than most sales representatives will achieve but are attainable.
answer
high
question
The __________ -quota school sets quotas that a majority of the sales force can achieve.
answer
modest
question
The __________ -quota school thinks individual differences among sales representatives warrant high quotas for some and modest quotas for others.
answer
variable
question
Those who are paid mostly on __________ generally receive less supervision. Those who are __________ and must cover definite accounts are likely to receive substantial supervision.
answer
commission, salaried
question
Direct marketing consists of direct connections with carefully targeted individual consumers to obtain an ________ _______and cultivate lasting customer relationships.
answer
immediate response
question
Direct marketers communicate directly with customers, often on a one-to-one, ________basis - they tailor marketing ________& communications to narrowly defined ________or even ________buyers.
answer
interactive, offers, segments, individual
question
Beyond brand and relationship building, direct marketers usually seek a ________, ________, and ________consumer response - a manager can track response to a particular campaign and usually determine the ________that it produced.
answer
direct, immediate, measurable, revenue
question
Direct marketing is becoming more ________, and Internet marketing now accounts for about 18% of direct marketing-driven ________.
answer
web-oriented, sales
question
Unrestrained by ________boundaries, direct marketers can offer an almost unlimited selection anywhere in the world, and information about companies, products & competitors.
answer
physical
question
Direct marketing gives ________a great measure of ________, as they decide which catalogs they will browse and which web sites they will visit.
answer
consumers, control
question
Direct marketing offers sellers a________, ________, ________alternative to reaching their markets.
answer
low-cost, efficient, speedy
question
In periods of low ________, companies can use direct marketing to target known customers and produce quick results.
answer
demand
question
Online direct marketing is an ________that independent restaurants, inns, and hotels have against the ________, giving small marketers ready access to ________markets.
answer
equalizer, brands, global
question
Effective direct marketing begins with a good customer database, a relationship-building tool. In consumer marketing, a database may contain ________, ________& ________behavior.
answer
demographics, psychographics, buying
question
In ________marketing, a customer database might contain products & services the customer has bought, key contacts, past volumes & prices and much more.
answer
business-to business
question
Companies use their databases to ________good potential customers & generate sales ________.
answer
locate, leads
question
________in the hotel industry has created a need for companies to build a centralized data warehouse for all their brands, for the purpose of data ________- the exploration & analysis of a database by ________or ________means to discover patterns or rules.
answer
consolidation, mining, automatic, semiautomatic
question
To be useful, the data stored in a database must be ________, so it is important that everyone using the database understand the importance of careful input and minimizing duplicates.
answer
accurate
question
Managers recognize that spending to develop ________among current customers can be more effective than spending to attract new guests, which costs ________to ________times as much.
answer
loyalty, four, seven
question
Five Levels of Customer Relationships: -________- selling the product with no follow-up -________- the company sells the product & encourages the customer to call with questions -________- a company rep calls the customer after a booking to check-up & answer questions -________- the rep or others in the company phone the customer from time-to-time with suggestions about improvements that have been made or creative suggestions for future events -________- the company works continuously with the customer to discover better value
answer
basic, reactive, accountable, proactive, partnership
question
Traditional forms of direct marketing in hospitality are ________, ________, and ________marketing.
answer
direct-mail, telephone, kiosk
question
Direct-mail marketing involves sending an ________, ________, ________, or other item to a person at a particular ________.
answer
offer, announcement, reminder, address
question
According to a recent study, return on e-mail marketing investment is $________for every dollar spent - compared with direct mail at $________per dollar spent.
answer
$52, $15
question
E-mail marketers walk a fine line between adding value for consumers & being ________.
answer
intrusive
question
The explosion of ________—unsolicited, unwanted commercial e-mail messages that clog our inboxes—has produced consumer irritation and frustration.
answer
spam
question
The most basic website is a corporate (or brand) site, designed to build customer ________, collect ________, and ________other sales channels.
answer
goodwill, feedback, supplement
question
To attract new visitors and encourage revisits, online marketers should pay attention to: -________: site layout and design -________: text, pictures, sound, and video on the site -________: ways the site enables user-to-user communication -________: the site's ability to tailor itself to users or to allow users to personalize the site -________: ways the site enables site-to-user, user-to-site, or two-way -________: degree to which the site is links to other sites -________: capabilities to enable transactions
answer
context, content, community, customization, communication, connection, commerce
question
Another hot growth area is search-related ads (or ________ ________) in which text-based ads and links appear alongside ________ ________results.
answer
contextual advertising, search engine
question
Participating successfully in existing online social networks presents challenges, as online social networks are ________& results are hard to ________.
answer
new, measure
question
Tourists travel to ________, places with some form of actual or perceived boundary, such as physical boundary of an island, political boundaries, or even market-created boundaries.
answer
destinations
question
________such as the United States contain thousands of ________, including regions, states, cities, towns, and even visitor destinations within a town.
answer
macrodestinations, microdestinations
question
Tourism's most visible benefit is ________in hotels, restaurants, retail establishments, and transportation.
answer
employment
question
Second, less visible benefits are ________industries and professions, many of which pay considerably more than the visible employment opportunities.
answer
support
question
The third benefit is the ________effect as tourist expenditures cycle through the local economy.
answer
multiplier
question
Tourism's fourth benefit is state and local ________derived from taxes on tourism, and helps shift the tax burden to ________.
answer
revenues, nonresidents
question
Tourism also yields a fifth benefit, the ________of locally made products.
answer
export
question
________marketing is an integral part of developing and retaining a location's popularity.
answer
destination
question
Too often, planners focus only on destination developments without attention to ________and ________attributes that attracted travelers to the destination in the first place.
answer
retaining, preserving
question
Tourist ________must balance temptation to maximize tourist dollars with preservation of the natural tourist attractions and the quality of life for local residents.
answer
development
question
Tourist destinations that build solid infrastructures can look for increased business by expanding from a seasonal product to a ________product or by expanding the geographic base of their product.
answer
multiseasonal
question
________tourism is a concept of tourism management that anticipates & prevents problems that occur when carrying capacity is exceeded.
answer
sustainable
question
________capacity is determined by an environmental impact assessment.
answer
carrying
question
________is one of the fastest growing niche markets in the travel industry & generally viewed as representing sustainable tourism.
answer
ecotourism
question
Because leisure travel is ________& ________, guests have come to expect amenities and services without questioning the environment.
answer
emotional, discretionary
question
Tourist ________is fierce amid a growing and constantly changing tourist market, where, in addition to strong tourist destinations, declining places upgrade, and new places appear.
answer
competition
question
________includes travel time from airport to lodging, language barriers, cleanliness and sanitary concerns, access to amenities, and special needs.
answer
convenience
question
__________ means risk factors like political instability civil disturbances, currency fluctuations, safety, etc.
answer
timeliness
question
Tourism planners should conduct an ________of the existing resources of their communities to determine opportunities for events.
answer
audit
question
Beyond economic value, events help create an ________for a community.
answer
identity
question
Ability to concentrate attractions, facilities, and services in a convenient, accessible location is essential to create a strong destination ________.
answer
pull
question
Tourist ________is highly dependent on public investments, woefully inadequate without private investment and market mechanisms to respond to changing consumer needs and wants.
answer
expansion
question
Destinations find they must make more than ________or ________investments to attract tourists.
answer
financial, hospitality
question
Many visitor destinations are in fact only ________destinations for travelers on their way elsewhere.
answer
stopover
question
In an era in which most people in industrialized nations are urban or suburban dwellers, ________tourism has become increasingly important.
answer
farm
question
Thousands of individuals choose to spend vacations assisting others, particularly in underdeveloped nations, an activity called ________-driven tourism.
answer
purpose
question
________tourism is a fast & lucrative segment of tourism, as people travel internationally to gain access to less expensive health care.
answer
medical
question
Tourism marketers know even though an area may attract an activity-specific segment, there is great ________in providing reasons for others to come.
answer
potential
question
While the historical concept of travel has been to go someplace for a purpose, it can be argued that for many contemporary pleasure travelers, the real destination is the ________of travel such as a cruise ship, river paddle ship, or a special railroad.
answer
vehicle
question
Several classifications have been used to describe different visitor destination segments: -________mass tourists - Little or no influence over the travel experience other than to purchase one package or another. -________mass tourists - Somewhat more control over their itinerary. For instance, they may rent a car to visit attractions -________- They plan their own itineraries and make their own reservations -________- These people, the backpacker group, seldom, if ever, are found in a traditional hotel
answer
organized, individual, explorers, drifters
question
Plog observed that destinations are first discovered by ________(backpackers or explorers).
answer
allocentrics
question
One job of a tourist organization is to increase the ________of a destination.
answer
accessibility
question
Marketing information systems help identify and predict ________trends that are responsible for these changes.
answer
environmental
question
________markets must be identified and served.
answer
emerging
question
Effective destination ________requires congruence between advertising and the destination.
answer
imaging
question
An effective way of communicating with potential travelers is by offering ________.
answer
packages
question
City, county, or area ________and ________ ________(CVB) promote tourism on the local level.
answer
convention, visitors bureaus
question
Hospitality companies know that ________and ________go hand-in-glove.
answer
planning, research
question
In-depth guest ________will also be used to shape the criteria that go into defining the on-property guest experience.
answer
input
question
We have found that complete attention to detail - a total commitment to guest satisfaction that saves a guest ________, ________, and ________, provides completely personalized and individual service, and creates the experience of "intellectual surprise" for its consumers - is what drives repeat business among the affluent.
answer
time, energy, efforts
question
To be effective, a new marketing plan must be written each ________.
answer
year
question
At the same time, the annual marketing plan must be written against a longer term ________plan that states what the company hopes to achieve, say, three to five years down the road.
answer
strategic
question
To develop successful strategies and action programs, marketers need up-to-date information about the ________, the ________, and the market ________to be served.
answer
environment, competition, segments
question
Finally, marketing research helps marketers learn more about their customers' ________, ________, ________, and ________levels.
answer
requirements, expectations, perceptions, satisfaction
question
The ________ ________and a few charts or graphs from the body of the plan may be the only parts ever read by top management. Consequently, it is of great importance to write this section carefully, with top management in mind.
answer
executive summary
question
A marketing plan is not a stand-alone tool. Instead, it must ________other plans, such as the firm's strategic plan.
answer
support
question
Next year's marketing strategies and tactics must support strategic decisions such as the following: -Corporate ________with respect to profit, growth, and so on -Desired market ________ -________of the company or of its product lines -Vertical or horizontal ________ -Strategic ________ -Product line breadth and ________ -Customer ________management (CRM)
answer
goals, share, positioning, integration, alliances, depth, relationship
question
________affecting taxation, pension benefits, and casino gambling are only a few examples of political decisions likely to affect marketing directly.
answer
legislation
question
Changes in economic variables such as ________and ________rates should be recognized.
answer
employment, interest
question
A ________analysis must extend beyond inventory comparisons. True competitive advantages are factors that are recognized by guests and influence their purchase decisions.
answer
competitive
question
Market potential should be viewed as the total available ________for a hospitality product within a particular geographic market at a given price.
answer
demand
question
The need for marketing ________is ongoing. Much of the information acquired by marketing research in a current calendar or fiscal year serves as the basis for developing next year's marketing plan.
answer
intelligence
question
The heart of any marketing plan is careful analysis of ________market segments and the selection of appropriate target segments.
answer
available
question
This is information that identifies each of the company's existing customer segments by ________, ________, and ________.
answer
revenue, cost, profitability
question
The selection of ________markets is a primary responsibility of marketing management. This requires careful consideration of the variables already discussed in the development of the marketing plan.
answer
target
question
The establishment of ________provides direction for the rest of the marketing plan.
answer
objectives
question
The selection of appropriate ________of distribution is basic to the development of successful sales strategies.
answer
channels
question
A common error in writing a marketing plan is to develop strategies that are probably highly workable but for which there is ________support.
answer
insufficient
question
Generally, the most costly and difficult resource needed to ensure success with marketing/sales strategies is ________.
answer
personnel
question
A sales plan should pay particular attention to the sales force and its objectives and to strategies to ensure that sales ________are met and possibly exceeded.
answer
quotas
question
The process of marketing is a ________. The task is never ending.
answer
continuum
question
Marketing/sales managers must always be ________, as the development of next year's marketing plan begins the day this year's plan is approved.
answer
planning
question
The process of data collection and analysis from ________and ________sources continues each day. Marketing/sales managers must always be alert for methods to improve the process.
answer
internal, external
question
What is not so obvious to many is that a good plan will also enable ________to prosper and grow.
answer
people
question
A study of the process used by hotels to develop marketing plans has shown that "the most important features in the development of a marketing plan appear to be management participation and ________at all levels, sufficient ________for development, specific ________in developing a marketing plan, and tying ________to the achievement of goals and objectives."
answer
commitment, time, training, incentives
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