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 Consumer panel
D Statistical package
E Consumer experiment
Question #2
A Open-ended reserach
B Quantitative research
C Situation analysis reserach
D Focus group research
Question #3
A Asks yes or no type questions
B Provides more representative samples of consumers
C Relies on open-ended questioning
D Asks closed-ended questions
Question #4
A None of these is a good choice
B Company implemented specific market research tests to gather new data.
C Historical company records on sales, costs, and advertising for the past ten years.
D A Google search
E U.S. Census Bureau reports
Question #5
A All of these alternatives are correct.
B May not be specific enough to answer the question under consideration.
C Is often all that is needed to solve a problem.
D Should be considered before primary data is collected.
Question #6
A Primary data
B Secondary data
C Eisner data
D Recycle data
Question #7
A Intranet
B Experiment
C Hypothesis testing
D Data warehouse
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 Marketing Z modeling
B Data quants
C Situation analyses
D Progressions
E Hypotheses
Question #10
A Marketing processing dept.
B Marketing status project
C Marketing model
D Marketing information system
E Marketing logistics system
Question #11
A Marketing processing
B Marketing planning
C Marketing Research
D Marketing structure
Question #12
A Effective gatekeeping
B Just-in-time delivery
C Total quality shipping
D Assured outsourcing
Question #13
A New-task
B Modified rebuy
C Extensive problem-solving
D Straight rebuy
Question #14
A Is the only person a business-to-business salesperson ever needs to see in order to make a sale to a buying organization.
B May specialize by product area if he/she works for a large organization.
C Is only interested in finding the lowest possible price for a product.
D Is basically a clerk who fills out paperwork to place orders.
Question #15
A All of these alternatives are correct.
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 each customer may need to be treated as a different segment.
Question #16
A All of these answers are correct
B Serve as technical consultants to their customers.
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 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 Marketing to organizations is just like marketing to final consumers.
D Firms may choose to serve either organizational buyers or final consumers, but not both.
Question #19
A Personal environment
B Motivation
C Culture
D Learned set
E Opinion set
Question #20
A An opinion leader
B A channel captain
C A source
D A consumer advocate
Question #21
A CSUN instructor
B Reference group
C Grandparents
D Family
Question #22
A Social group dynamics
B Opinion insight
C Personality analytics
D Lifestyle analysis
Question #23
A Change existing negative attitudes.
B Strengthen existing positive attitudes.
C Discover the attitudes of the firm’s target market.
D Create new attitudes toward his or her brand.
Question #24
A more action-oriented than beliefs
B usually thought of as involving liking or disliking
C All of these alternatives are correct.
D Things we believe strongly enough to be willing to take some action
E reasonably enduring points of view about something
Question #25
A Drive, cue, response, reinforcement
B None of these alternatives is correct
C Cue, response, drive, reinforcement
D reinforcement, drive, cue, response
Question #26
A Selective exposure
B Selective organization
C Selective calculation
D Reinforced cognition
Question #27
A Selective learning
B Selective exposure
C Focal socialization
D Selective perception
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 The “economic-buyer” model of buyer behavior
C Satisfying a need
D Satisfying a want
Question #30
A Age
B Motivation
C Perception
D Learning
E Attitudes
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 after taxes.
B Gross domestic product per capita.
C Total market value of goods and services produced.
D Income available after taxes and necessities.
E Income available before taxes.
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 Is averse to spending time and money.
D Will not pay extra for convenience.
Question #34
A The opinions of the marketing managers.
B The potential places where a product may be sold and purchased.
C Customers’ perceptions of products
D The actual objective characteristics of products.
Question #35
A Generic market
B Clustering approach
C Aggregating approach
D CRM database
Question #36
A Random Clustering
B Dynamic behavioral segmentation.
C AIC analysis
D None of these
E Positioning
Question #37
A Education
B Age
C Sex
D Occupation
E All of these are examples of a consumer market demographic dimension
Question #38
A Region of the world or country
B Education
C Needs
D Income
Question #39
A It is easier to develop effective marketing mixes for larger, more heterogeneous segments.
B The threat of potential competitors suggests more aggregating.
C All of these alternatives are true.
D Profit should be the balancing point – determining how unique a marketing mix the firm can offer to some target market.
Question #40
A “breaking apart” or disaggregatingg
B “clustering” or aggregating
C assorting
D mechanical, nonjudgmental
Question #41
A Identifying small target markets and expanding them into broad product 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 broad product markets and segmenting them into narrower target markets.
Question #42
A Product-market
B Generic market
C Qualifying market
D Determining market
Question #43
A A tomato
B Long-stem roses
C A greeting card
D Champagne
Question #44
A Creating products that managers like.
B Figuring out how to offer products at the lowest possible price.
C Narrowing down possible market opportunities to the most attractive ones.
D Identifying as many market opportunities as can be imagined.
Question #45
A Include local citizens in the evaluation process.
B Do not “think locally.”
C Save money by cutting research into foreign markets.
D Assume that all cultures around the world are the same.
E Use machine translators.
Question #46
A Economic environment
B Competitive environment
C Cultural and social environment
D Political and legal environment
E Technological environment
Question #47
A Geographic area
B Marketing mix
C Customer types
D Customer needs
E Product types
Question #48
A None of these are correct.
B A segmenter assumes that a broad product market consists of a homogeneous group of customers.
C A combiner tries to meet the demand in several segments.
D Combiners usually have more sales potential than segmenters.
Question #49
A Prevent monopolies or consperacies in restraint of trade.
B Prevent fraud on the Internet.
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 Competition-free environments are rare.
B A firm that has a marketing mix that its target market sees as better than its competitors’ has a competitive advantage.
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 Over the long run, most product-markets tend toward monopolistic competition.
Question #51
A Competitor matrix
B Sustainable competitive advantage
C Objective-centered approach
D Resource combination
E Competitor analysis plan
Question #52
A Marketing objectives, promotion objectives,sales promotion objectives, company objectives.
B Marketing objectives, company objectives, promotion objectives, sales promotion objectives.
C Company objectives, sales promotion objectives, marketing objectives, promotion objectives.
D Company objectives, marketing objectives, promotion objectives, sales promotion objectives.
Question #53
A Be realistic and achievable.
B Be compatible with one another.
C All of these are correct.
D Focus on returning some profit to the business.
E Be specific
Question #54
A To provide detailed goals and plans.
B To help firms decide what opportunities to avoid.
C To help firms decide what opportunities to pursue.
D To communicate the firm’s basic reason for being.
E To keep managers working towards a common purpose.
Question #55
A Legal environment
B Economic environment
C Cultural and social environment
D Company environment
E Technological environment
Question #56
A Market development
B Diversification
C Market penetration
D Product development
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 Summarizes a firm’s “strategy, wishes (of its customers), outlook 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 A marketing strategy – plus the time-related details for carrying it out
B Similar to a marketing sales promotion
C A target market and a generic marketing mix
D Similar to a public relations strategy
E A plan focused on the necessary operational decisions
Question #59
A Product development
B Publicity
C Sales Promotion
D Market penetration
E Distribution
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 Direct communication between sellers and potential customers.
D All of these are included in Advertising
E The designing and distribution of novelties, point-of-purchase materials, store signs, contests, catalogs and circulars.
Question #61
A Sales Promotion
B Personal selling
C Publicity
D All of these may be included in Promotion
E Advertising
Question #62
A Price
B Product
C Personnel
D Promotion
E Place
Question #63
A Tax advice from a financial consultant
B All of these are considered products
C A computer
D A chair
E A haircut
Question #64
A Product, Place, Promotion, and Price
B Promotion, Production, Price, People
C Product, Price, Promotion, and Profit
D Potential customers, Product, Price, and Personal Selling
E Production, Personnel, Price, and Physical Distribution
Question #65
A focuses on fairly homogeneous market segments
B ignores markets that are large and spread out
C assumes that all customers are basically the same
D is limited to small market segments
Question #66
A Target market
B 4Ps
C Marketing requirements
D Marketing mix
E Channel of distribution
Question #67
A A marketing mix
B The resources needed to implement a marketing quant.
C A target market and a related marketing mix
D A target market
Question #68
A Marketing programming
B Strategic (management) planning
C Marketing upfront planning
D Inventory planning
E Management by objective
Question #69
A Planning marketing activities.
B All of these.
C Controlling marketing plans.
D Implementing marketing plans.
Question #70
A Customer satisfaction, total company effort, sales unit growth.
B Customer satisfaction, resource efficiency, sales unit maximization.
C Customer satisfaction, marketing manager as chief executive, profit.
D Customer satisfaction, total company effort, profit.
E Resource efficiency, sales growth, profit maximization.
Question #71
A There is no difference.
B Whether the president of the firm has a background in marketing.
C Whether the whole company is customer-oriented.
D More emphasis on short-run planning in the marketing company era.
E More emphasis on selling and advertising in the marketing department era.
Question #72
A Simple trade, production, sales, entrepreneurial, marketing company
B Simple trade, production, sales, marketing department, international trading
C Subsistence, production, sales, entrepreneurial, marketing company
D Simple trade, production, sales, marketing company, marketing department
E Simple trade, production, sales, marketing department, marketing company
Question #73
A Production
B Marketing Company
C Marketing Department
D Simple Trade
Question #74
A Inventories
B The number of producers
C Cost of labor and materials
D Discrepancies of quantity
E Prices
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 Overnight delivery firms
B All of these are collaborators
C Advertising agencies
D Marketing research firms
E Product-testing labs
Question #77
A Intermediaries
B Government analysts
C Marketing managers
D Consumer action groups
Question #78
A Discrepancies of assortment
B Separation of values
C Spatial separation
D All of these are correct.
Question #79
A The transporting function
B Micro-Marketing
C Social quant. analysis
D Macro-Marketing
E Standardization and grading
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 The job of Marketing is to get rid of whatever the company is producing.
D Marketing is concerned with generating a single exchange between a firm and a customer.
E Marketing should take over production, accounting, and financial services within a firm.