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