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