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 Consumer panel
B Consumer experiment
C Contributor group
D Statistical package
E Responder group
Question #2
A Open-ended reserach
B Situation analysis reserach
C Quantitative research
D Focus group research
Question #3
A Provides more representative samples of consumers
B Asks yes or no type questions
C Asks closed-ended questions
D Relies on open-ended questioning
Question #4
A A Google search
B Company implemented specific market research tests to gather new data.
C U.S. Census Bureau reports
D Historical company records on sales, costs, and advertising for the past ten years.
E None of these is a good choice
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 Secondary data
B Primary data
C Recycle data
D Eisner data
Question #7
A Situation analysis
B Data warehouse
C Experiment
D Hypothesis testing
E Intranet
Question #8
A Analyzing the situation, defining the problem, getting problem-specific data, interpreting the data, solving the problem.
B Defining the problem, analyzing the situation, 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 Analyzing the situation, getting problem-specific data, interpreting the data, defining the problem, solving the problem.
Question #9
A Situation analyses
B Marketing Z modeling
C Data quants
D Hypotheses
E Progressions
Question #10
A Marketing model
B Marketing processing dept.
C Marketing information system
D Marketing logistics system
E Marketing status project
Question #11
A Marketing planning
B Marketing Research
C Marketing processing
D Marketing structure
Question #12
A Assured outsourcing
B Total quality shipping
C Effective gatekeeping
D Just-in-time delivery
Question #13
A Modified rebuy
B Straight rebuy
C New-task
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 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 Provide info. about industry trends
B All of these answers are correct
C Provide J.I.T. delivery
D Serve as technical consultants to their customers.
Question #17
A Offers widest assortment
B Enables the firm to operate more efficiently with the least risks.
C Offers AEG certification.
D Offers lowest price.
Question #18
A Firms may choose to serve either organizational buyers or final consumers, but not both.
B Marketing to organizations is just like marketing to final consumers.
C Business-to-business marketing includes 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 Personal environment
C Culture
D Motivation
E Learned set
Question #20
A An opinion leader
B A channel captain
C A source
D A consumer advocate
Question #21
A Reference group
B CSUN instructor
C Family
D Grandparents
Question #22
A Social group dynamics
B Personality analytics
C Lifestyle analysis
D Opinion insight
Question #23
A Create new attitudes toward his or her brand.
B Strengthen existing positive attitudes.
C Discover the attitudes of the firm’s target market.
D Change existing negative attitudes.
Question #24
A usually thought of as involving liking or disliking
B All of these alternatives are correct.
C Things we believe strongly enough to be willing to take some action
D more action-oriented than beliefs
E reasonably enduring points of view about something
Question #25
A reinforcement, drive, cue, response
B Cue, response, drive, reinforcement
C None of these alternatives is correct
D Drive, cue, response, reinforcement
Question #26
A Reinforced cognition
B Selective organization
C Selective exposure
D Selective calculation
Question #27
A Focal socialization
B Selective learning
C Selective perception
D Selective exposure
Question #28
A Social, personal, safety, and physiological needs.
B safety, personal, social, and physiological needs.
C Personal, social, safety, and physiological needs.
D Physiological, safety, social, and personal needs.
Question #29
A The “economic-buyer” model of buyer behavior
B Satisfying a need
C Satisfying a want
D All of these are equally good answers
Question #30
A Motivation
B Learning
C Attitudes
D Perception
E Age
Question #31
A Suggests that men and women behave differently as buyers.
B None of these is true of the economic-buyer model.
C Assumes that buyers don’t have enough information to make logical choices – and as a result buy products that are not a good value.
D Is seen as too simplistic by most marketing managers to explain consumer behavior..
Question #32
A Gross domestic product per capita.
B Income available after taxes.
C Income available before 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 Makes buying decisions based only on price.
C Will not pay extra for convenience.
D Is averse to 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 Generic market
B Clustering approach
C CRM database
D Aggregating approach
Question #36
A AIC analysis
B Random Clustering
C Dynamic behavioral segmentation.
D None of these
E Positioning
Question #37
A Occupation
B Age
C All of these are examples of a consumer market demographic dimension
D Sex
E Education
Question #38
A Income
B Needs
C Education
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 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 Identifying target groups with the fewest potential customers and making subsets of these.
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 Product-market
B Generic market
C Qualifying market
D Determining market
Question #43
A A tomato
B Champagne
C A greeting card
D Long-stem roses
Question #44
A Identifying as many market opportunities as can be imagined.
B Figuring out how to offer products at the lowest possible price.
C Creating products that managers like.
D Narrowing down possible market opportunities to the most attractive ones.
Question #45
A Save money by cutting research into foreign markets.
B Do not “think locally.”
C Assume that all cultures around the world are the same.
D Use machine translators.
E Include local citizens in the evaluation process.
Question #46
A Cultural and social environment
B Technological environment
C Political and legal environment
D Competitive environment
E Economic environment
Question #47
A Geographic area
B Customer needs
C Marketing mix
D Product types
E Customer types
Question #48
A None of these are correct.
B A combiner tries to meet the demand in several segments.
C A segmenter assumes that a broad product market consists of a homogeneous group of customers.
D Combiners usually have more sales potential than segmenters.
Question #49
A Prevent fraud on the Internet.
B Prevent monopolies or consperacies in restraint of trade.
C Restrict importing into the United States.
D Establish the Calif. State University Protection Agency.
E Eliminate price differences among different competing suppliers.
Question #50
A Marketing managers should choose strategies that avoid head-on competition
B Competition-free environments are rare.
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 Over the long run, most product-markets tend toward monopolistic competition.
Question #51
A Objective-centered approach
B Competitor analysis plan
C Sustainable competitive advantage
D Resource combination
E Competitor matrix
Question #52
A Company objectives, marketing objectives, promotion objectives, sales promotion objectives.
B Marketing objectives, promotion objectives,sales promotion objectives, company objectives.
C Marketing objectives, company objectives, promotion objectives, sales promotion objectives.
D Company objectives, sales promotion objectives, marketing objectives, promotion objectives.
Question #53
A Be realistic and achievable.
B Focus on returning some profit to the business.
C All of these are correct.
D Be compatible with one another.
E Be specific
Question #54
A To provide detailed goals and plans.
B To help firms decide what opportunities to pursue.
C To help firms decide what opportunities to avoid.
D To keep managers working towards a common purpose.
E To communicate the firm’s basic reason for being.
Question #55
A Cultural and social environment
B Company environment
C Economic environment
D Legal environment
E Technological environment
Question #56
A Diversification
B Market penetration
C Product development
D Market development
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 Summarizes a firm’s “strategy, wishes (of its customers), outlook and tactics.”
D Identifies a firm’s “strengths, weaknesses, opportunities, and threats.”
E Seeks to reduce the risk of competitive surprises by scanning the market for “signals, warnings, omens, and tips.”
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 Similar to a public relations strategy
E A marketing strategy – plus the time-related details for carrying it out
Question #59
A Sales Promotion
B Market penetration
C Distribution
D Product development
E Publicity
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 designing and distribution of novelties, point-of-purchase materials, store signs, contests, catalogs and circulars.
D All of these are included in Advertising
E The main form of publicity
Question #61
A Sales Promotion
B All of these may be included in Promotion
C Personal selling
D Advertising
E Publicity
Question #62
A Product
B Personnel
C Price
D Place
E Promotion
Question #63
A Tax advice from a financial consultant
B A haircut
C All of these are considered products
D A computer
E A chair
Question #64
A Product, Place, Promotion, and Price
B Potential customers, Product, Price, and Personal Selling
C Promotion, Production, Price, People
D Production, Personnel, Price, and Physical Distribution
E Product, Price, Promotion, and Profit
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 Target market
B Marketing requirements
C Marketing mix
D Channel of distribution
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 Marketing upfront planning
B Management by objective
C Inventory planning
D Marketing programming
E Strategic (management) planning
Question #69
A Controlling marketing plans.
B All of these.
C Planning marketing activities.
D Implementing marketing plans.
Question #70
A Customer satisfaction, resource efficiency, sales unit maximization.
B Resource efficiency, sales growth, profit maximization.
C Customer satisfaction, marketing manager as chief executive, profit.
D Customer satisfaction, total company effort, sales unit growth.
E Customer satisfaction, total company effort, profit.
Question #71
A More emphasis on selling and advertising in the marketing department era.
B Whether the whole company is customer-oriented.
C Whether the president of the firm has a background in marketing.
D There is no difference.
E More emphasis on short-run planning in the marketing company era.
Question #72
A Simple trade, production, sales, marketing company, marketing department
B Simple trade, production, sales, marketing department, marketing company
C Simple trade, production, sales, marketing department, international trading
D Subsistence, production, sales, entrepreneurial, marketing company
E Simple trade, production, sales, entrepreneurial, marketing company
Question #73
A Production
B Marketing Company
C Marketing Department
D Simple Trade
Question #74
A Discrepancies of quantity
B Inventories
C The number of producers
D Cost of labor and materials
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 Economies have little variety, so consumers have few choices.
D Producers have a lot of choice about what and how much to produce.
Question #76
A Marketing research firms
B All of these are collaborators
C Product-testing labs
D Advertising agencies
E Overnight delivery firms
Question #77
A Consumer action groups
B Marketing managers
C Intermediaries
D Government analysts
Question #78
A Discrepancies of assortment
B All of these are correct.
C Separation of values
D Spatial separation
Question #79
A Social quant. analysis
B Macro-Marketing
C The transporting function
D Micro-Marketing
E Standardization and grading
Question #80
A Marketing is concerned with generating a single exchange between a firm and a customer.
B Production, not Marketing, should determine what goods and services are to be developed.
C The job of Marketing is to get rid of whatever the company is producing.
D Marketing should take over production, accounting, and financial services within a firm.
E Marketing begins with anticipating potential customer needs.