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 Responder group
C Statistical package
D Consumer experiment
E Consumer panel
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 A Google search
B U.S. Census Bureau reports
C Historical company records on sales, costs, and advertising for the past ten years.
D Company implemented specific market research tests to gather new data.
E None of these is a good choice
Question #5
A Is often all that is needed to solve a problem.
B All of these alternatives are correct.
C May not be specific enough to answer the question under consideration.
D Should be considered before primary data is collected.
Question #6
A Secondary data
B Primary data
C Recycle data
D Eisner data
Question #7
A Intranet
B Data warehouse
C Hypothesis testing
D Experiment
E Situation analysis
Question #8
A Getting problem-specific data, interpreting the data, defining the problem, analyzing the situation.
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 Analyzing the situation, defining the problem, getting problem-specific data, interpreting the data, solving the problem.
Question #9
A Situation analyses
B Progressions
C Data quants
D Hypotheses
E Marketing Z modeling
Question #10
A Marketing model
B Marketing logistics system
C Marketing status project
D Marketing information system
E Marketing processing dept.
Question #11
A Marketing planning
B Marketing processing
C Marketing Research
D Marketing structure
Question #12
A Effective gatekeeping
B Total quality shipping
C Just-in-time delivery
D Assured outsourcing
Question #13
A New-task
B Straight rebuy
C Modified rebuy
D Extensive problem-solving
Question #14
A Is basically a clerk who fills out paperwork to place orders.
B Is only interested in finding the lowest possible price for a product.
C May specialize by product area if he/she works for a large organization.
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 the geographic location of the customer is likely to be less important than in segmenting consumer markets.
B NAICS codes may help in segmenting manufacturers but not producers of services.
C All of these alternatives are correct.
D each customer may need to be treated as a different segment.
Question #16
A Serve as technical consultants to their customers.
B Provide J.I.T. delivery
C All of these answers are correct
D Provide info. about industry trends
Question #17
A Offers lowest price.
B Offers AEG certification.
C Enables the firm to operate more efficiently with the least risks.
D Offers widest assortment
Question #18
A Marketing to organizations is just like marketing to final consumers.
B Business-to-business marketing includes marketing to final consumers.
C Purchasing decisions by organizational buyers are usually more economic and less emotional as compared to consumers.
D Firms may choose to serve either organizational buyers or final consumers, but not both.
Question #19
A Learned set
B Personal environment
C Opinion set
D Motivation
E Culture
Question #20
A A source
B An opinion leader
C A channel captain
D A consumer advocate
Question #21
A Grandparents
B Family
C CSUN instructor
D Reference group
Question #22
A Personality analytics
B Opinion insight
C Lifestyle analysis
D Social group dynamics
Question #23
A Change existing negative attitudes.
B Strengthen existing positive attitudes.
C Create new attitudes toward his or her brand.
D Discover the attitudes of the firm’s target market.
Question #24
A reasonably enduring points of view about something
B more action-oriented than beliefs
C All of these alternatives are correct.
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 Drive, cue, response, reinforcement
B reinforcement, drive, cue, response
C None of these alternatives is correct
D Cue, response, drive, reinforcement
Question #26
A Selective calculation
B Selective organization
C Reinforced cognition
D Selective exposure
Question #27
A Focal socialization
B Selective exposure
C Selective learning
D Selective perception
Question #28
A safety, personal, social, and physiological needs.
B Personal, social, safety, and physiological needs.
C Social, personal, safety, and physiological needs.
D Physiological, safety, social, and personal 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 Age
C Motivation
D Learning
E Perception
Question #31
A Suggests that men and women behave differently as buyers.
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 Is seen as too simplistic by most marketing managers to explain consumer behavior..
Question #32
A Income available before taxes.
B Gross domestic product per capita.
C Income available after taxes.
D Total market value of goods and services produced.
E Income available after taxes and necessities.
Question #33
A Will not pay extra for convenience.
B Makes buying decisions based only on price.
C Logically compares choices to get the greatest satisfaction from spending time and money.
D Is averse to spending time and money.
Question #34
A Customers’ perceptions of products
B The potential places where a product may be sold and purchased.
C The opinions of the marketing managers.
D The actual objective characteristics of products.
Question #35
A CRM database
B Generic market
C Clustering approach
D Aggregating approach
Question #36
A AIC analysis
B Random Clustering
C Positioning
D None of these
E Dynamic behavioral segmentation.
Question #37
A Occupation
B Sex
C Age
D Education
E All of these are examples of a consumer market demographic dimension
Question #38
A Education
B Region of the world or country
C Income
D Needs
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 “clustering” or aggregating
B mechanical, nonjudgmental
C assorting
D “breaking apart” or disaggregatingg
Question #41
A Identifying broad product markets and segmenting them into narrower target markets.
B Identifying small target markets and expanding them into broad product markets.
C Identifying target groups with the fewest potential customers and making subsets of these.
D Selecting a marketing mix to reach everyone and then going to lunch at Chipotle Mexican Grill.
Question #42
A Determining market
B Product-market
C Qualifying market
D Generic market
Question #43
A Champagne
B A tomato
C Long-stem roses
D A greeting card
Question #44
A Creating products that managers like.
B Figuring out how to offer products at the lowest possible price.
C Identifying as many market opportunities as can be imagined.
D Narrowing down possible market opportunities to the most attractive ones.
Question #45
A Include local citizens in the evaluation process.
B Use machine translators.
C Assume that all cultures around the world are the same.
D Do not “think locally.”
E Save money by cutting research into foreign markets.
Question #46
A Technological environment
B Competitive environment
C Political and legal environment
D Economic environment
E Cultural and social environment
Question #47
A Customer needs
B Product types
C Marketing mix
D Customer types
E Geographic area
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 None of these are correct.
D Combiners usually have more sales potential than segmenters.
Question #49
A Eliminate price differences among different competing suppliers.
B Prevent monopolies or consperacies in restraint of trade.
C Prevent fraud on the Internet.
D Establish the Calif. State University Protection Agency.
E Restrict importing into the United States.
Question #50
A Competition-free environments are rare.
B In a competitor analysis, the firm’s first step should be to identify all potential competitors.
C A firm that has a marketing mix that its target market sees as better than its competitors’ has a competitive advantage.
D Over the long run, most product-markets tend toward monopolistic competition.
E Marketing managers should choose strategies that avoid head-on competition
Question #51
A Competitor matrix
B Resource combination
C Competitor analysis plan
D Objective-centered approach
E Sustainable competitive advantage
Question #52
A Company objectives, sales promotion objectives, marketing objectives, promotion objectives.
B Marketing objectives, company objectives, promotion objectives, sales promotion objectives.
C Company objectives, marketing objectives, promotion objectives, sales promotion objectives.
D Marketing objectives, promotion objectives,sales promotion objectives, company objectives.
Question #53
A Be specific
B All of these are correct.
C Be compatible with one another.
D Be realistic and achievable.
E Focus on returning some profit to the business.
Question #54
A To keep managers working towards a common purpose.
B To help firms decide what opportunities to avoid.
C To provide detailed goals and plans.
D To help firms decide what opportunities to pursue.
E To communicate the firm’s basic reason for being.
Question #55
A Company environment
B Economic environment
C Cultural and social environment
D Technological environment
E Legal environment
Question #56
A Market development
B Diversification
C Market penetration
D Product development
Question #57
A Focuses on what a firm plans to do to “Satisfy Wishes of a Target” customer.
B Seeks to reduce the risk of competitive surprises by scanning the market for “signals, warnings, omens, and tips.”
C Identifies a firm’s “strengths, weaknesses, opportunities, and threats.”
D Helps defend against potential competitors by developing a set of competitive “Safeguards, weapons, offensives, and tactics.”
E Summarizes a firm’s “strategy, wishes (of its customers), outlook and tactics.”
Question #58
A Similar to a marketing sales promotion
B A marketing strategy – plus the time-related details for carrying it out
C A target market and a generic marketing mix
D A plan focused on the necessary operational decisions
E Similar to a public relations strategy
Question #59
A Publicity
B Sales Promotion
C Market penetration
D Product development
E Distribution
Question #60
A All of these are included in Advertising
B The designing and distribution of novelties, point-of-purchase materials, store signs, contests, catalogs and circulars.
C The main form of publicity
D Direct communication between sellers and potential customers.
E Any paid form of nonpersonal presentation of ideas, goods, or services by an identified sponsor.
Question #61
A Advertising
B All of these may be included in Promotion
C Sales Promotion
D Publicity
E Personal selling
Question #62
A Price
B Promotion
C Personnel
D Place
E Product
Question #63
A A computer
B A haircut
C All of these are considered products
D A chair
E Tax advice from a financial consultant
Question #64
A Product, Place, Promotion, and Price
B Potential customers, Product, Price, and Personal Selling
C Promotion, Production, Price, People
D Product, Price, Promotion, and Profit
E Production, Personnel, Price, and Physical Distribution
Question #65
A focuses on fairly homogeneous market segments
B is limited to small market segments
C ignores markets that are large and spread out
D assumes that all customers are basically the same
Question #66
A 4Ps
B Channel of distribution
C Target market
D Marketing mix
E Marketing requirements
Question #67
A A target market and a related marketing mix
B A target market
C A marketing mix
D The resources needed to implement a marketing quant.
Question #68
A Marketing upfront planning
B Strategic (management) planning
C Inventory planning
D Marketing programming
E Management by objective
Question #69
A Planning marketing activities.
B All of these.
C Implementing marketing plans.
D Controlling marketing plans.
Question #70
A Customer satisfaction, total company effort, profit.
B Customer satisfaction, marketing manager as chief executive, profit.
C Resource efficiency, sales growth, profit maximization.
D Customer satisfaction, resource efficiency, sales unit maximization.
E Customer satisfaction, total company effort, sales unit growth.
Question #71
A There is no difference.
B More emphasis on short-run planning in the marketing company era.
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 Simple trade, production, sales, marketing company, marketing department
B Simple trade, production, sales, marketing department, international trading
C Simple trade, production, sales, entrepreneurial, marketing company
D Simple trade, production, sales, marketing department, marketing company
E Subsistence, production, sales, entrepreneurial, marketing company
Question #73
A Production
B Simple Trade
C Marketing Company
D Marketing Department
Question #74
A Inventories
B Prices
C The number of producers
D Cost of labor and materials
E Discrepancies of quantity
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 Marketing research firms
B Product-testing labs
C Overnight delivery firms
D Advertising agencies
E All of these are collaborators
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 Spatial separation
D Separation of values
Question #79
A The transporting function
B Standardization and grading
C Macro-Marketing
D Social quant. analysis
E Micro-Marketing
Question #80
A Marketing begins with anticipating potential customer needs.
B Marketing should take over production, accounting, and financial services within a firm.
C Production, not Marketing, should determine what goods and services are to be developed.
D The job of Marketing is to get rid of whatever the company is producing.
E Marketing is concerned with generating a single exchange between a firm and a customer.