Navigation » List of Schools » California State University, Northridge » Marketing » MKT 304 – Marketing Management » Fall 2022 » Test 1
Below are the questions for the exam with the choices of answers:
Question #1
A Responder group
B Contributor group
C Consumer panel
D Statistical package
E Consumer experiment
Question #2
A Focus group research
B Situation analysis reserach
C Quantitative research
D Open-ended reserach
Question #3
A Relies on open-ended questioning
B Provides more representative samples of consumers
C Asks yes or no type questions
D Asks closed-ended questions
Question #4
A U.S. Census Bureau reports
B None of these is a good choice
C Historical company records on sales, costs, and advertising for the past ten years.
D A Google search
E Company implemented specific market research tests to gather new data.
Question #5
A All of these alternatives are correct.
B Should be considered before primary data is collected.
C May not be specific enough to answer the question under consideration.
D Is often all that is needed to solve a problem.
Question #6
A Eisner data
B Recycle data
C Secondary data
D Primary data
Question #7
A Hypothesis testing
B Data warehouse
C Experiment
D Situation analysis
E Intranet
Question #8
A Getting problem-specific data, interpreting the data, defining the problem, analyzing the situation.
B Analyzing the situation, defining the problem, getting problem-specific data, interpreting the data, solving the problem.
C Defining the problem, analyzing the situation, getting problem-specific data, interpreting the data, solving the problem.
D Analyzing the situation, getting problem-specific data, interpreting the data, defining the problem, solving the problem.
Question #9
A Situation analyses
B Data quants
C Progressions
D Marketing Z modeling
E Hypotheses
Question #10
A Marketing logistics system
B Marketing model
C Marketing status project
D Marketing processing dept.
E Marketing information system
Question #11
A Marketing planning
B Marketing processing
C Marketing Research
D Marketing structure
Question #12
A Assured outsourcing
B Total quality shipping
C Effective gatekeeping
D Just-in-time delivery
Question #13
A Straight rebuy
B New-task
C Modified rebuy
D Extensive problem-solving
Question #14
A May specialize by product area if he/she works for a large organization.
B Is only interested in finding the lowest possible price for a product.
C Is the only person a business-to-business salesperson ever needs to see in order to make a sale to a buying organization.
D Is basically a clerk who fills out paperwork to place orders.
Question #15
A the geographic location of the customer is likely to be less important than in segmenting consumer markets.
B each customer may need to be treated as a different segment.
C All of these alternatives are correct.
D NAICS codes may help in segmenting manufacturers but not producers of services.
Question #16
A Provide J.I.T. delivery
B All of these answers are correct
C Provide info. about industry trends
D Serve as technical consultants to their customers.
Question #17
A Enables the firm to operate more efficiently with the least risks.
B Offers widest assortment
C Offers AEG certification.
D Offers lowest price.
Question #18
A Business-to-business marketing includes marketing to final consumers.
B Marketing to organizations is just like marketing to final consumers.
C Purchasing decisions by organizational buyers are usually more economic and less emotional as compared to consumers.
D Firms may choose to serve either organizational buyers or final consumers, but not both.
Question #19
A Learned set
B Personal environment
C Culture
D Opinion set
E Motivation
Question #20
A An opinion leader
B A source
C A consumer advocate
D A channel captain
Question #21
A CSUN instructor
B Family
C Grandparents
D Reference group
Question #22
A Opinion insight
B Social group dynamics
C Lifestyle analysis
D Personality analytics
Question #23
A Create new attitudes toward his or her brand.
B Strengthen existing positive attitudes.
C Change existing negative attitudes.
D Discover the attitudes of the firm’s target market.
Question #24
A more action-oriented than beliefs
B Things we believe strongly enough to be willing to take some action
C usually thought of as involving liking or disliking
D All of these alternatives are correct.
E reasonably enduring points of view about something
Question #25
A None of these alternatives is correct
B Drive, cue, response, reinforcement
C Cue, response, drive, reinforcement
D reinforcement, drive, cue, response
Question #26
A Selective organization
B Reinforced cognition
C Selective exposure
D Selective calculation
Question #27
A Focal socialization
B Selective learning
C Selective exposure
D Selective perception
Question #28
A safety, personal, social, and physiological needs.
B Personal, social, safety, and physiological needs.
C Physiological, safety, social, and personal needs.
D Social, personal, safety, and physiological needs.
Question #29
A All of these are equally good answers
B The “economic-buyer” model of buyer behavior
C Satisfying a want
D Satisfying a need
Question #30
A Learning
B Perception
C Attitudes
D Age
E Motivation
Question #31
A Assumes that buyers don’t have enough information to make logical choices – and as a result buy products that are not a good value.
B Is seen as too simplistic by most marketing managers to explain consumer behavior..
C None of these is true of the economic-buyer model.
D Suggests that men and women behave differently as buyers.
Question #32
A Income available before taxes.
B Income available after taxes and necessities.
C Income available after taxes.
D Total market value of goods and services produced.
E Gross domestic product per capita.
Question #33
A Logically compares choices to get the greatest satisfaction from spending time and money.
B Will not pay extra for convenience.
C Is averse to spending time and money.
D Makes buying decisions based only on price.
Question #34
A Customers’ perceptions of products
B The actual objective characteristics of products.
C The opinions of the marketing managers.
D The potential places where a product may be sold and purchased.
Question #35
A Aggregating approach
B CRM database
C Generic market
D Clustering approach
Question #36
A AIC analysis
B Dynamic behavioral segmentation.
C Positioning
D Random Clustering
E None of these
Question #37
A Age
B Sex
C Occupation
D All of these are examples of a consumer market demographic dimension
E Education
Question #38
A Income
B Needs
C Education
D Region of the world or country
Question #39
A It is easier to develop effective marketing mixes for larger, more heterogeneous segments.
B All of these alternatives are true.
C Profit should be the balancing point – determining how unique a marketing mix the firm can offer to some target market.
D The threat of potential competitors suggests more aggregating.
Question #40
A assorting
B “breaking apart” or disaggregatingg
C “clustering” or aggregating
D mechanical, nonjudgmental
Question #41
A Identifying small target markets and expanding them into broad product markets.
B Identifying broad product markets and segmenting them into narrower target markets.
C Identifying target groups with the fewest potential customers and making subsets of these.
D Selecting a marketing mix to reach everyone and then going to lunch at Chipotle Mexican Grill.
Question #42
A Product-market
B Determining market
C Generic market
D Qualifying market
Question #43
A A tomato
B Long-stem roses
C A greeting card
D Champagne
Question #44
A Creating products that managers like.
B Figuring out how to offer products at the lowest possible price.
C Identifying as many market opportunities as can be imagined.
D Narrowing down possible market opportunities to the most attractive ones.
Question #45
A Include local citizens in the evaluation process.
B Save money by cutting research into foreign markets.
C Assume that all cultures around the world are the same.
D Do not “think locally.”
E Use machine translators.
Question #46
A Technological environment
B Competitive environment
C Cultural and social environment
D Economic environment
E Political and legal environment
Question #47
A Geographic area
B Customer needs
C Customer types
D Product types
E Marketing mix
Question #48
A Combiners usually have more sales potential than segmenters.
B A combiner tries to meet the demand in several segments.
C None of these are correct.
D A segmenter assumes that a broad product market consists of a homogeneous group of customers.
Question #49
A Establish the Calif. State University Protection Agency.
B Restrict importing into the United States.
C Eliminate price differences among different competing suppliers.
D Prevent monopolies or consperacies in restraint of trade.
E Prevent fraud on the Internet.
Question #50
A Competition-free environments are rare.
B A firm that has a marketing mix that its target market sees as better than its competitors’ has a competitive advantage.
C Over the long run, most product-markets tend toward monopolistic competition.
D In a competitor analysis, the firm’s first step should be to identify all potential competitors.
E Marketing managers should choose strategies that avoid head-on competition
Question #51
A Competitor matrix
B Objective-centered approach
C Competitor analysis plan
D Sustainable competitive advantage
E Resource combination
Question #52
A Company objectives, sales promotion objectives, marketing objectives, promotion objectives.
B Marketing objectives, promotion objectives,sales promotion objectives, company objectives.
C Company objectives, marketing objectives, promotion objectives, sales promotion objectives.
D Marketing objectives, company objectives, promotion objectives, sales promotion objectives.
Question #53
A Be compatible with one another.
B Be realistic and achievable.
C Be specific
D Focus on returning some profit to the business.
E All of these are correct.
Question #54
A To keep managers working towards a common purpose.
B To provide detailed goals and plans.
C To help firms decide what opportunities to avoid.
D To help firms decide what opportunities to pursue.
E To communicate the firm’s basic reason for being.
Question #55
A Economic environment
B Company environment
C Technological environment
D Legal environment
E Cultural and social environment
Question #56
A Diversification
B Market development
C Market penetration
D Product development
Question #57
A Helps defend against potential competitors by developing a set of competitive “Safeguards, weapons, offensives, and tactics.”
B Focuses on what a firm plans to do to “Satisfy Wishes of a Target” customer.
C Seeks to reduce the risk of competitive surprises by scanning the market for “signals, warnings, omens, and tips.”
D Identifies a firm’s “strengths, weaknesses, opportunities, and threats.”
E Summarizes a firm’s “strategy, wishes (of its customers), outlook and tactics.”
Question #58
A Similar to a public relations strategy
B Similar to a marketing sales promotion
C A target market and a generic marketing mix
D A plan focused on the necessary operational decisions
E A marketing strategy – plus the time-related details for carrying it out
Question #59
A Publicity
B Market penetration
C Distribution
D Sales Promotion
E Product development
Question #60
A The main form of publicity
B Any paid form of nonpersonal presentation of ideas, goods, or services by an identified sponsor.
C All of these are included in Advertising
D The designing and distribution of novelties, point-of-purchase materials, store signs, contests, catalogs and circulars.
E Direct communication between sellers and potential customers.
Question #61
A All of these may be included in Promotion
B Sales Promotion
C Publicity
D Personal selling
E Advertising
Question #62
A Price
B Personnel
C Product
D Promotion
E Place
Question #63
A A chair
B Tax advice from a financial consultant
C All of these are considered products
D A haircut
E A computer
Question #64
A Promotion, Production, Price, People
B Potential customers, Product, Price, and Personal Selling
C Product, Place, Promotion, and Price
D Product, Price, Promotion, and Profit
E Production, Personnel, Price, and Physical Distribution
Question #65
A focuses on fairly homogeneous market segments
B is limited to small market segments
C ignores markets that are large and spread out
D assumes that all customers are basically the same
Question #66
A Channel of distribution
B Marketing mix
C Target market
D Marketing requirements
E 4Ps
Question #67
A The resources needed to implement a marketing quant.
B A target market
C A target market and a related marketing mix
D A marketing mix
Question #68
A Inventory planning
B Strategic (management) planning
C Management by objective
D Marketing programming
E Marketing upfront planning
Question #69
A Planning marketing activities.
B All of these.
C Controlling marketing plans.
D Implementing marketing plans.
Question #70
A Customer satisfaction, marketing manager as chief executive, profit.
B Customer satisfaction, total company effort, profit.
C Customer satisfaction, total company effort, sales unit growth.
D Customer satisfaction, resource efficiency, sales unit maximization.
E Resource efficiency, sales growth, profit maximization.
Question #71
A Whether the whole company is customer-oriented.
B More emphasis on selling and advertising in the marketing department era.
C There is no difference.
D More emphasis on short-run planning in the marketing company era.
E Whether the president of the firm has a background in marketing.
Question #72
A Simple trade, production, sales, marketing company, marketing department
B Simple trade, production, sales, entrepreneurial, marketing company
C Subsistence, production, sales, entrepreneurial, marketing company
D Simple trade, production, sales, marketing department, international trading
E Simple trade, production, sales, marketing department, marketing company
Question #73
A Marketing Department
B Production
C Simple Trade
D Marketing Company
Question #74
A Inventories
B The number of producers
C Discrepancies of quantity
D Prices
E Cost of labor and materials
Question #75
A Marketing activities such as advertising, branding, and market research are encouraged.
B Producers have a lot of choice about what and how much to produce.
C Prices usually fluctuate according to supply and demand.
D Economies have little variety, so consumers have few choices.
Question #76
A Product-testing labs
B All of these are collaborators
C Marketing research firms
D Overnight delivery firms
E Advertising agencies
Question #77
A Intermediaries
B Government analysts
C Consumer action groups
D Marketing managers
Question #78
A Separation of values
B Discrepancies of assortment
C All of these are correct.
D Spatial separation
Question #79
A Macro-Marketing
B The transporting function
C Standardization and grading
D Micro-Marketing
E Social quant. analysis
Question #80
A Production, not Marketing, should determine what goods and services are to be developed.
B Marketing should take over production, accounting, and financial services within a firm.
C Marketing is concerned with generating a single exchange between a firm and a customer.
D Marketing begins with anticipating potential customer needs.
E The job of Marketing is to get rid of whatever the company is producing.