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