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 Statistical package
B Responder group
C Consumer panel
D Contributor group
E Consumer experiment
Question #2
A Focus group research
B Situation analysis reserach
C Open-ended reserach
D Quantitative research
Question #3
A Provides more representative samples of consumers
B Asks closed-ended questions
C Relies on open-ended questioning
D Asks yes or no type questions
Question #4
A None of these is a good choice
B A Google search
C Company implemented specific market research tests to gather new data.
D U.S. Census Bureau reports
E Historical company records on sales, costs, and advertising for the past ten years.
Question #5
A Should be considered before primary data is collected.
B All of these alternatives are correct.
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 Eisner data
B Secondary data
C Recycle data
D Primary data
Question #7
A Experiment
B Intranet
C Hypothesis testing
D Situation analysis
E Data warehouse
Question #8
A Defining the problem, analyzing the situation, getting problem-specific data, interpreting the data, solving the problem.
B Analyzing the situation, getting problem-specific data, interpreting the data, defining the problem, solving the problem.
C Analyzing the situation, defining the problem, getting problem-specific data, interpreting the data, solving the problem.
D Getting problem-specific data, interpreting the data, defining the problem, analyzing the situation.
Question #9
A Situation analyses
B Marketing Z modeling
C Data quants
D Hypotheses
E Progressions
Question #10
A Marketing logistics system
B Marketing model
C Marketing status project
D Marketing processing dept.
E Marketing information system
Question #11
A Marketing structure
B Marketing processing
C Marketing Research
D Marketing planning
Question #12
A Total quality shipping
B Effective gatekeeping
C Just-in-time delivery
D Assured outsourcing
Question #13
A Extensive problem-solving
B New-task
C Modified rebuy
D Straight rebuy
Question #14
A May specialize by product area if he/she works for a large organization.
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 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 each customer may need to be treated as a different segment.
B All of these alternatives are correct.
C the geographic location of the customer is likely to be less important than in segmenting consumer markets.
D NAICS codes may help in segmenting manufacturers but not producers of services.
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 Enables the firm to operate more efficiently with the least risks.
B Offers widest assortment
C Offers lowest price.
D Offers AEG certification.
Question #18
A Firms may choose to serve either organizational buyers or final consumers, but not both.
B Purchasing decisions by organizational buyers are usually more economic and less emotional as compared to consumers.
C Business-to-business marketing includes marketing to final consumers.
D Marketing to organizations is just like marketing to final consumers.
Question #19
A Culture
B Opinion set
C Motivation
D Personal environment
E Learned set
Question #20
A An opinion leader
B A channel captain
C A consumer advocate
D A source
Question #21
A Grandparents
B Family
C CSUN instructor
D Reference group
Question #22
A Lifestyle analysis
B Opinion insight
C Personality analytics
D Social group dynamics
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 more action-oriented than beliefs
B All of these alternatives are correct.
C Things we believe strongly enough to be willing to take some action
D usually thought of as involving liking or disliking
E reasonably enduring points of view about something
Question #25
A reinforcement, drive, cue, response
B None of these alternatives is correct
C Cue, response, drive, reinforcement
D Drive, cue, response, reinforcement
Question #26
A Selective organization
B Selective exposure
C Selective calculation
D Reinforced cognition
Question #27
A Selective perception
B Selective exposure
C Selective learning
D Focal socialization
Question #28
A Social, personal, safety, and physiological needs.
B safety, personal, social, and physiological needs.
C Physiological, safety, social, and personal needs.
D Personal, social, safety, and physiological needs.
Question #29
A All of these are equally good answers
B Satisfying a need
C The “economic-buyer” model of buyer behavior
D Satisfying a want
Question #30
A Attitudes
B Motivation
C Age
D Perception
E Learning
Question #31
A Is seen as too simplistic by most marketing managers to explain consumer behavior..
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 Suggests that men and women behave differently as buyers.
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 Will not pay extra for convenience.
B Is averse to spending time and money.
C Logically compares choices to get the greatest satisfaction from spending time and money.
D Makes buying decisions based only on price.
Question #34
A The potential places where a product may be sold and purchased.
B The actual objective characteristics of products.
C Customers’ perceptions of products
D The opinions of the marketing managers.
Question #35
A Generic market
B Clustering approach
C Aggregating approach
D CRM database
Question #36
A Dynamic behavioral segmentation.
B Positioning
C AIC analysis
D None of these
E Random Clustering
Question #37
A Education
B Age
C All of these are examples of a consumer market demographic dimension
D Sex
E Occupation
Question #38
A Region of the world or country
B Income
C Education
D Needs
Question #39
A All of these alternatives are true.
B It is easier to develop effective marketing mixes for larger, more heterogeneous segments.
C Profit should be the balancing point – determining how unique a marketing mix the firm can offer to some target market.
D The threat of potential competitors suggests more aggregating.
Question #40
A “breaking apart” or disaggregatingg
B “clustering” or aggregating
C mechanical, nonjudgmental
D assorting
Question #41
A Identifying target groups with the fewest potential customers and making subsets of these.
B Identifying broad product markets and segmenting them into narrower target markets.
C Identifying small target markets and expanding them into broad product markets.
D Selecting a marketing mix to reach everyone and then going to lunch at Chipotle Mexican Grill.
Question #42
A Qualifying market
B Generic market
C Product-market
D Determining market
Question #43
A Long-stem roses
B A greeting card
C A tomato
D Champagne
Question #44
A Figuring out how to offer products at the lowest possible price.
B Identifying as many market opportunities as can be imagined.
C Narrowing down possible market opportunities to the most attractive ones.
D Creating products that managers like.
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 Use machine translators.
E Assume that all cultures around the world are the same.
Question #46
A Economic environment
B Technological environment
C Cultural and social environment
D Political and legal environment
E Competitive environment
Question #47
A Customer types
B Geographic area
C Customer needs
D Marketing mix
E Product types
Question #48
A Combiners usually have more sales potential than segmenters.
B None of these are correct.
C A segmenter assumes that a broad product market consists of a homogeneous group of customers.
D A combiner tries to meet the demand in several segments.
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 Over the long run, most product-markets tend toward monopolistic competition.
B In a competitor analysis, the firm’s first step should be to identify all potential competitors.
C Competition-free environments are rare.
D A firm that has a marketing mix that its target market sees as better than its competitors’ has a competitive advantage.
E Marketing managers should choose strategies that avoid head-on competition
Question #51
A Resource combination
B Sustainable competitive advantage
C Competitor matrix
D Competitor analysis plan
E Objective-centered approach
Question #52
A Company objectives, marketing objectives, promotion objectives, sales promotion objectives.
B Company objectives, sales promotion objectives, marketing objectives, 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 Focus on returning some profit to the business.
B Be specific
C Be realistic and achievable.
D All of these are correct.
E Be compatible with one another.
Question #54
A To help firms decide what opportunities to avoid.
B To help firms decide what opportunities to pursue.
C To provide detailed goals and plans.
D To keep managers working towards a common purpose.
E To communicate the firm’s basic reason for being.
Question #55
A Technological environment
B Legal environment
C Company environment
D Cultural and social environment
E Economic environment
Question #56
A Diversification
B Market development
C Market penetration
D Product development
Question #57
A Identifies a firm’s “strengths, weaknesses, opportunities, and threats.”
B Helps defend against potential competitors by developing a set of competitive “Safeguards, weapons, offensives, and tactics.”
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 marketing strategy – plus the time-related details for carrying it out
B Similar to a marketing sales promotion
C A plan focused on the necessary operational decisions
D A target market and a generic marketing mix
E Similar to a public relations strategy
Question #59
A Publicity
B Distribution
C Sales Promotion
D Market penetration
E Product development
Question #60
A Direct communication between sellers and potential customers.
B Any paid form of nonpersonal presentation of ideas, goods, or services by an identified sponsor.
C The designing and distribution of novelties, point-of-purchase materials, store signs, contests, catalogs and circulars.
D The main form of publicity
E All of these are included in Advertising
Question #61
A Publicity
B Personal selling
C Advertising
D Sales Promotion
E All of these may be included in Promotion
Question #62
A Product
B Place
C Personnel
D Promotion
E Price
Question #63
A Tax advice from a financial consultant
B A chair
C All of these are considered products
D A haircut
E A computer
Question #64
A Potential customers, Product, Price, and Personal Selling
B Product, Place, Promotion, and Price
C Product, Price, Promotion, and Profit
D Production, Personnel, Price, and Physical Distribution
E Promotion, Production, Price, People
Question #65
A assumes that all customers are basically the same
B is limited to small market segments
C focuses on fairly homogeneous market segments
D ignores markets that are large and spread out
Question #66
A Channel of distribution
B Marketing mix
C Marketing requirements
D 4Ps
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 Strategic (management) planning
B Marketing programming
C Marketing upfront planning
D Inventory planning
E Management by objective
Question #69
A Implementing marketing plans.
B Controlling marketing plans.
C Planning marketing activities.
D All of these.
Question #70
A Customer satisfaction, total company effort, sales unit growth.
B Customer satisfaction, resource efficiency, sales unit maximization.
C Customer satisfaction, total company effort, profit.
D Customer satisfaction, marketing manager as chief executive, profit.
E Resource efficiency, sales growth, profit maximization.
Question #71
A Whether the whole company is customer-oriented.
B There is no difference.
C Whether the president of the firm has a background in marketing.
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, marketing department, international trading
B Simple trade, production, sales, marketing company, marketing department
C Simple trade, production, sales, entrepreneurial, marketing company
D Subsistence, production, sales, entrepreneurial, marketing company
E Simple trade, production, sales, marketing department, marketing company
Question #73
A Simple Trade
B Marketing Department
C Production
D Marketing Company
Question #74
A Discrepancies of quantity
B The number of producers
C Inventories
D Prices
E Cost of labor and materials
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 Overnight delivery firms
B All of these are collaborators
C Advertising agencies
D Product-testing labs
E Marketing research firms
Question #77
A Intermediaries
B Consumer action groups
C Marketing managers
D Government analysts
Question #78
A Spatial separation
B Discrepancies of assortment
C All of these are correct.
D Separation of values
Question #79
A Standardization and grading
B The transporting function
C Social quant. analysis
D Micro-Marketing
E Macro-Marketing
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 Production, not Marketing, should determine what goods and services are to be developed.
D Marketing begins with anticipating potential customer needs.
E Marketing is concerned with generating a single exchange between a firm and a customer.