MKT30000000000000000000 – Flashcards

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Services tend to exhibit more search qualities than do tangible goods
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false
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2) Responsiveness is the service quality component most valued by customers
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false
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3) In the GAP model of service quality, the gap between the service specifications and the service that is actually applied is GAP 2
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false
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4) As an industry's core service moves closer to a commodity product, the supplementary services become more important in creating a differential advantage
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true
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5) Lowering the price of drinks during "happy hour" is an example of a patronage-oriented pricing objective
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false
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6) Many businesses have found that it is more expensive to hang on the customers they have than to attract new ones
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false
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8) The video clip seen in class that was advertising a non-profit museum's grassology exhibit showed that sometimes there are limits to what services should be advertised and that this one should not have been shown.
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true
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11) Is it difficult to achieve consistency and standardization of service because of which service characteristic
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Heterogenity
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12) Which of the following are types of service processing that can occur except
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product processing
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13) Which level of relationship marketing uses pricing incentives but also seeks to build social bonds with customers
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level 2
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14) The direct channel is used more often in consumer markets than in business and industrial markets
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true
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15) The "Six P's" of the retailing mix are product, place, promotional, personnel, and planning.
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false
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17) Retailing through a television shopping network is a direct channel distribution strategy as well as a direct marketing strategy
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true
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18) Multiple or dual distribution arrangements employ another manufacturers already-established channel
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false
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20) In-store retailing is growing faster than non-store retailing due largely to giant chains such as Walmart and target
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false
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21) The first step in defining a retail operation is to choose the retail mix
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false
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23) Carl represented a manufacturer of floor coverings and gets paid a commission for finding buyers and linking them up with the manufacturer. Carl is an example of a merchant wholesaler
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false
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24) Retailing covers all the activities involved in the sale of products to:
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final consumers
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25) The main difference between agent middlemen and merchant wholesalers is:
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that agent middlemen do not own the products they sell, while merchant wholesalers do
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26) The three basic functions channel intermediaries perform are:
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transactional, logistical, and facilitating
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27) A ________ channel is commonly used for low-cost customer items that are frequently purchased, such as candy, cigarettes, and magazines
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retailer
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28) Retail establishments are generally classified accounting to all of the following EXCEPT:
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level of sales
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29) Sales promotion is communication by marketers that informs, persuades, and reminds potential buyers of a product in order to influence their opinion or elicit a response
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false
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30) Informative promotion is used to keep the product and brand name in the public's mind
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false
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31) All promotion, especially advertising, is reduced as a product enters the decline stage. However, personal selling and sales promotion efforts might be maintained, especially at the retail level.
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true
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32) The four basic tasks of promotion are informing, persuading, reminding, and convincing
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true
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33) The lomega data disc film clip shown in class of a man floating in his side yard pool, only to be swallowed up by an octopus-like sea creature, showed that all four phases pf the AIDA model, not just one or two, can actually be used in one advertisement
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false
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34) The two major categories of marketing communication are:
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mass and interpersonal
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35) When Becca saw the ad suggesting subway sandwiches as a dinner meal, she was offended by the spokesperson and wondered why anyone would want to do business with a company that thought being obnoxious was a good business practice. In terms of the communication process, Becca:
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improperly decoded the message
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36) Which of the following statements about advertising is true?
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advertising is any form of communication in which the sponsor is identified
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37) Marketers use public relations to:
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all of the above
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38) In terms of the AIDA concept, sales promotion is most effective at creating:
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strong desire and purchase interest
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39) Which of the following is LEAST likely to be a factor that would determine the nature of the promotional mix?
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size of the company
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40) The promotional mix elements that should be emphasized for products moving into the growth stage of the product life cycle are:
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public relations and reminder advertising
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41) An ad for a prescription-only antihistamine that does not make its users sleepy like many other allergy medications was run in several health and fitness magazines. The ad said that if you were interested in learning more about the new product or trying it out, you should ask your physician. The manufacturer of the drug was using a ________ promotional strategy
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pull
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42) On subway napkins, nutritional information for their 6 inch subs is compared to McDonald's Big Mac and Burger King's whopper. This is an example of competitive advertising
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false
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43) The advertising response function reveals that spending for advertising can increase sales but only to a certain level; after that it produces diminishing returns
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true
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44) The DAGMAR approach is one method of setting advertising objectives
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true
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45) The film clip seen in class on Purdue chicken was for the most part an institutional advertisement.
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true
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46) Humor in advertising is more effective with low involvement rather than high involvement products
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true
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47) The "ad pack" that was distributed in class showed, among other things, the demographics of the listening audience for the "The Preach 99.3" local radio station
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true
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48) Exxon Mobil has launched a series of ads promotion its commitment to alternative energy sources during a time when the company is recording record profits while consumers struggle with high gas prices and environmentalist are concerned that burning fossil fuels is contributing to the acceleration of global warming. This is an example of _____ advertising
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advocacy
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49) In advertising, the goal is to sell the ____ not the ____ of a product
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benefits, attributes
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50) An advertising _____ identifies a reason for a person to buy a product
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appeal
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51) ________ advertising has the advantages of being both timely and geographically flexible
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newspaper
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52) Publicity:
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is free communication
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53) Sales promotion:
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might include free samples of a product
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54) Which of the following statements about contests and sweepstakes is true?
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sweepstakes usually draw about ten times more participants than contest
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56) Social media has provided firms greater control over the marketing of their products to consumers
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false
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57) Social commerce combines social media with the basics of e-commerce
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true
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58) Facebook can best be characterized as a media sharing site
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true
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59) A firm that keeps track of the number of times its brand is mentioned in social space is in one of the later, more advanced stages of effective listening
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false
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61) The term "buzz" refers to the number of likes a firm's product of brand receives
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false
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63) More and more companies are increasing their interactive marketing budgets. Most of this investment will be made in:
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display advertising
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64) Using consumers to develop and market products is called
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crowdsourcing
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65) Which of the following is an example of owned media?
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the facebook pages created by fitbody bootcamp to let members know about special events at the gym
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66) After establishing a listening platform, an organization should
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develop a list of objectives for its social media team to accomplish
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67) Which of the following statements about the use of social media in marketing is true?
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marketers have plenty of hard evidence as to the effectiveness of the measurements and metrics that track social media
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68) Conversationalist are social media users who:
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post status updates on social networking
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69) Target return on investment and a marketing share objective are both profit-oriented objectives
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false
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70) A profit maximization pricing objective can potentially lead to relatively low prices, especially if demand is very elastic
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true
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71) Target return on investment is the most common profit objective used by firms
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true
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73) If a retailer buys a product for $10 and sells it for $15, she has used a keystone markup strategy
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false
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74) Which of the following statements would be most likely to be made by a manager with a status-quo pricing objective
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a price of $10 will not start a price war with our competitors
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75) Although many factors can influence price, the primary determinants are:
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demand by the consumer and perceived quality
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