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