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 experiment
D Statistical package
E Consumer panel
Question #2
A Focus group research
B Open-ended reserach
C Situation analysis reserach
D Quantitative research
Question #3
A Asks closed-ended questions
B Asks yes or no type questions
C Provides more representative samples of consumers
D Relies on open-ended questioning
Question #4
A Company implemented specific market research tests to gather new data.
B U.S. Census Bureau reports
C Historical company records on sales, costs, and advertising for the past ten years.
D None of these is a good choice
E A Google search
Question #5
A Should be considered before primary data is collected.
B All of these alternatives are correct.
C Is often all that is needed to solve a problem.
D May not be specific enough to answer the question under consideration.
Question #6
A Recycle data
B Primary data
C Eisner data
D Secondary data
Question #7
A Data warehouse
B Situation analysis
C Intranet
D Experiment
E Hypothesis testing
Question #8
A Getting problem-specific data, interpreting the data, defining the problem, analyzing the situation.
B Defining the problem, analyzing the situation, 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 Analyzing the situation, defining the problem, getting problem-specific data, interpreting the data, solving the problem.
Question #9
A Situation analyses
B Data quants
C Progressions
D Marketing Z modeling
E Hypotheses
Question #10
A Marketing logistics system
B Marketing information system
C Marketing processing dept.
D Marketing model
E Marketing status project
Question #11
A Marketing planning
B Marketing processing
C Marketing structure
D Marketing Research
Question #12
A Total quality shipping
B Just-in-time delivery
C Assured outsourcing
D Effective gatekeeping
Question #13
A Extensive problem-solving
B Straight rebuy
C New-task
D Modified 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 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 each customer may need to be treated as a different segment.
D All of these alternatives are correct.
Question #16
A Provide info. about industry trends
B Provide J.I.T. delivery
C Serve as technical consultants to their customers.
D All of these answers are correct
Question #17
A Enables the firm to operate more efficiently with the least risks.
B Offers AEG certification.
C Offers widest assortment
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 Purchasing decisions by organizational buyers are usually more economic and less emotional as compared to consumers.
D Business-to-business marketing includes marketing to final consumers.
Question #19
A Culture
B Personal environment
C Motivation
D Learned set
E Opinion set
Question #20
A An opinion leader
B A consumer advocate
C A channel captain
D A source
Question #21
A Reference group
B Grandparents
C Family
D CSUN instructor
Question #22
A Personality analytics
B Social group dynamics
C Opinion insight
D Lifestyle analysis
Question #23
A Create new attitudes toward his or her brand.
B Strengthen existing positive attitudes.
C Change existing negative attitudes.
D Discover the attitudes of the firm’s target market.
Question #24
A reasonably enduring points of view about something
B usually thought of as involving liking or disliking
C more action-oriented than beliefs
D All of these alternatives are correct.
E Things we believe strongly enough to be willing to take some action
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 Reinforced cognition
B Selective exposure
C Selective organization
D Selective calculation
Question #27
A Focal socialization
B Selective perception
C Selective learning
D Selective exposure
Question #28
A Physiological, safety, social, and personal needs.
B Personal, social, safety, and physiological needs.
C safety, personal, social, and physiological needs.
D Social, personal, safety, and physiological needs.
Question #29
A Satisfying a need
B All of these are equally good answers
C Satisfying a want
D The “economic-buyer” model of buyer behavior
Question #30
A Learning
B Motivation
C Attitudes
D Perception
E Age
Question #31
A None of these is true of the economic-buyer model.
B Is seen as too simplistic by most marketing managers to explain consumer behavior..
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 Gross domestic product per capita.
D Total market value of goods and services produced.
E Income available after taxes.
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 The actual objective characteristics of products.
B Customers’ perceptions of products
C The potential places where a product may be sold and purchased.
D The opinions of the marketing managers.
Question #35
A CRM database
B Aggregating approach
C Clustering approach
D Generic market
Question #36
A Random Clustering
B AIC analysis
C Positioning
D Dynamic behavioral segmentation.
E None of these
Question #37
A Education
B Occupation
C Age
D All of these are examples of a consumer market demographic dimension
E Sex
Question #38
A Income
B Education
C Needs
D Region of the world or country
Question #39
A The threat of potential competitors suggests more aggregating.
B All of these alternatives are true.
C Profit should be the balancing point – determining how unique a marketing mix the firm can offer to some target market.
D It is easier to develop effective marketing mixes for larger, more heterogeneous segments.
Question #40
A assorting
B “breaking apart” or disaggregatingg
C “clustering” or aggregating
D mechanical, nonjudgmental
Question #41
A Identifying target groups with the fewest potential customers and making subsets of these.
B Identifying small target markets and expanding them into broad product markets.
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 Determining market
B Product-market
C Qualifying market
D Generic market
Question #43
A Long-stem roses
B Champagne
C A greeting card
D A tomato
Question #44
A Identifying as many market opportunities as can be imagined.
B Creating products that managers like.
C Figuring out how to offer products at the lowest possible price.
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 Include local citizens in the evaluation process.
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 Customer needs
B Product types
C Marketing mix
D Customer types
E Geographic area
Question #48
A A segmenter assumes that a broad product market consists of a homogeneous group of customers.
B A combiner tries to meet the demand in several segments.
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 monopolies or consperacies in restraint of trade.
C Establish the Calif. State University Protection Agency.
D Prevent fraud on the Internet.
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 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 Competition-free environments are rare.
Question #51
A Resource combination
B Sustainable competitive advantage
C Objective-centered approach
D Competitor analysis plan
E Competitor matrix
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 specific
B Focus on returning some profit to the business.
C All of these are correct.
D Be realistic and achievable.
E Be compatible with one another.
Question #54
A To provide detailed goals and plans.
B To communicate the firm’s basic reason for being.
C To help firms decide what opportunities to avoid.
D To keep managers working towards a common purpose.
E To help firms decide what opportunities to pursue.
Question #55
A Company environment
B Technological environment
C Legal environment
D Economic environment
E Cultural and social environment
Question #56
A Product development
B Market development
C Market penetration
D Diversification
Question #57
A Helps defend against potential competitors by developing a set of competitive “Safeguards, weapons, offensives, and tactics.”
B Seeks to reduce the risk of competitive surprises by scanning the market for “signals, warnings, omens, and tips.”
C Summarizes a firm’s “strategy, wishes (of its customers), outlook and tactics.”
D Focuses on what a firm plans to do to “Satisfy Wishes of a Target” customer.
E Identifies a firm’s “strengths, weaknesses, opportunities, and threats.”
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 Distribution
B Market penetration
C Product development
D Publicity
E Sales Promotion
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 Any paid form of nonpersonal presentation of ideas, goods, or services by an identified sponsor.
D Direct communication between sellers and potential customers.
E The main form of publicity
Question #61
A Advertising
B Personal selling
C Publicity
D Sales Promotion
E All of these may be included in Promotion
Question #62
A Price
B Product
C Personnel
D Promotion
E Place
Question #63
A A haircut
B A computer
C A chair
D Tax advice from a financial consultant
E All of these are considered products
Question #64
A Production, Personnel, Price, and Physical Distribution
B Promotion, Production, Price, People
C Potential customers, Product, Price, and Personal Selling
D Product, Place, Promotion, and Price
E Product, Price, Promotion, and Profit
Question #65
A focuses on fairly homogeneous market segments
B is limited to small market segments
C assumes that all customers are basically the same
D ignores markets that are large and spread out
Question #66
A Marketing mix
B Target market
C 4Ps
D Marketing requirements
E Channel of distribution
Question #67
A A marketing mix
B The resources needed to implement a marketing quant.
C A target market
D A target market and a related marketing mix
Question #68
A Management by objective
B Strategic (management) planning
C Marketing programming
D Marketing upfront planning
E Inventory planning
Question #69
A Implementing marketing plans.
B All of these.
C Planning marketing activities.
D Controlling marketing plans.
Question #70
A Customer satisfaction, total company effort, sales unit growth.
B Resource efficiency, sales growth, profit maximization.
C Customer satisfaction, resource efficiency, sales unit maximization.
D Customer satisfaction, total company effort, profit.
E Customer satisfaction, marketing manager as chief executive, profit.
Question #71
A Whether the whole company is customer-oriented.
B More emphasis on short-run planning in the marketing company era.
C There is no difference.
D More emphasis on selling and advertising in the marketing department era.
E Whether the president of the firm has a background in marketing.
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 Simple trade, production, sales, entrepreneurial, marketing company
E Subsistence, production, sales, entrepreneurial, marketing company
Question #73
A Marketing Company
B Simple Trade
C Production
D Marketing Department
Question #74
A Prices
B The number of producers
C Inventories
D Discrepancies of quantity
E Cost of labor and materials
Question #75
A Prices usually fluctuate according to supply and demand.
B Economies have little variety, so consumers have few choices.
C Producers have a lot of choice about what and how much to produce.
D Marketing activities such as advertising, branding, and market research are encouraged.
Question #76
A All of these are collaborators
B Product-testing labs
C Overnight delivery firms
D Marketing research firms
E Advertising agencies
Question #77
A Marketing managers
B Government analysts
C Intermediaries
D Consumer action groups
Question #78
A Discrepancies of assortment
B Spatial separation
C Separation of values
D All of these are correct.
Question #79
A Social quant. analysis
B The transporting function
C Micro-Marketing
D Standardization and grading
E Macro-Marketing
Question #80
A Marketing begins with anticipating potential customer needs.
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 is concerned with generating a single exchange between a firm and a customer.