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 Open-ended reserach
B Focus group research
C Situation analysis reserach
D Quantitative research
Question #3
A Relies on open-ended questioning
B Asks yes or no type questions
C Provides more representative samples of consumers
D Asks closed-ended questions
Question #4
A U.S. Census Bureau reports
B None of these is a good choice
C A Google search
D Company implemented specific market research tests to gather new data.
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 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 Eisner data
B Recycle data
C Secondary data
D Primary data
Question #7
A Data warehouse
B Situation analysis
C Hypothesis testing
D Experiment
E Intranet
Question #8
A Analyzing the situation, getting problem-specific data, interpreting the data, defining the problem, solving the problem.
B Analyzing the situation, defining the problem, getting problem-specific data, interpreting the data, solving the problem.
C Defining the problem, analyzing the situation, 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 Data quants
B Progressions
C Situation analyses
D Hypotheses
E Marketing Z modeling
Question #10
A Marketing status project
B Marketing information system
C Marketing model
D Marketing logistics system
E Marketing processing dept.
Question #11
A Marketing planning
B Marketing Research
C Marketing structure
D Marketing processing
Question #12
A Effective gatekeeping
B Just-in-time delivery
C Assured outsourcing
D Total quality shipping
Question #13
A New-task
B Straight rebuy
C Extensive problem-solving
D Modified rebuy
Question #14
A Is only interested in finding the lowest possible price for a product.
B Is basically a clerk who fills out paperwork to place orders.
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 each customer may need to be treated as a different segment.
C All of these alternatives are correct.
D NAICS codes may help in segmenting manufacturers but not producers of services.
Question #16
A All of these answers are correct
B Provide info. about industry trends
C Provide J.I.T. delivery
D Serve as technical consultants to their customers.
Question #17
A Enables the firm to operate more efficiently with the least risks.
B Offers widest assortment
C Offers AEG certification.
D Offers lowest price.
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 Opinion set
B Motivation
C Learned set
D Personal environment
E Culture
Question #20
A A channel captain
B An opinion leader
C A source
D A consumer advocate
Question #21
A CSUN instructor
B Reference group
C Grandparents
D Family
Question #22
A Personality analytics
B Lifestyle analysis
C Opinion insight
D Social group dynamics
Question #23
A Discover the attitudes of the firm’s target market.
B Strengthen existing positive attitudes.
C Change existing negative attitudes.
D Create new attitudes toward his or her brand.
Question #24
A Things we believe strongly enough to be willing to take some action
B All of these alternatives are correct.
C usually thought of as involving liking or disliking
D more action-oriented than beliefs
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 calculation
C Reinforced cognition
D Selective organization
Question #27
A Selective perception
B Selective learning
C Selective exposure
D Focal socialization
Question #28
A Personal, social, safety, and physiological needs.
B Social, personal, safety, and physiological needs.
C Physiological, safety, social, and personal needs.
D safety, personal, social, and physiological needs.
Question #29
A Satisfying a need
B Satisfying a want
C All of these are equally good answers
D The “economic-buyer” model of buyer behavior
Question #30
A Attitudes
B Learning
C Motivation
D Perception
E Age
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 Income available after taxes and necessities.
B Income available before taxes.
C Income available after taxes.
D Gross domestic product per capita.
E Total market value of goods and services produced.
Question #33
A Makes buying decisions based only on price.
B Will not pay extra for convenience.
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 Generic market
B CRM database
C Aggregating approach
D Clustering approach
Question #36
A Dynamic behavioral segmentation.
B Positioning
C AIC analysis
D Random Clustering
E None of these
Question #37
A Age
B Sex
C Occupation
D All of these are examples of a consumer market demographic dimension
E Education
Question #38
A Needs
B Region of the world or country
C Education
D Income
Question #39
A It is easier to develop effective marketing mixes for larger, more heterogeneous segments.
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 The threat of potential competitors suggests more aggregating.
Question #40
A mechanical, nonjudgmental
B assorting
C “clustering” or aggregating
D “breaking apart” or disaggregatingg
Question #41
A Identifying small target markets and expanding them into broad product markets.
B Identifying broad product markets and segmenting them into narrower target 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 Qualifying market
C Product-market
D Generic market
Question #43
A Champagne
B A tomato
C A greeting card
D Long-stem roses
Question #44
A Identifying as many market opportunities as can be imagined.
B Narrowing down possible market opportunities to the most attractive ones.
C Creating products that managers like.
D Figuring out how to offer products at the lowest possible price.
Question #45
A Include local citizens in the evaluation process.
B Use machine translators.
C Do not “think locally.”
D Assume that all cultures around the world are the same.
E Save money by cutting research into foreign markets.
Question #46
A Political and legal environment
B Economic environment
C Cultural and social environment
D Competitive environment
E Technological environment
Question #47
A Customer needs
B Product types
C Geographic area
D Marketing mix
E Customer 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 Establish the Calif. State University Protection Agency.
B Prevent fraud on the Internet.
C Prevent monopolies or consperacies in restraint of trade.
D Restrict importing into the United States.
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 Marketing managers should choose strategies that avoid head-on competition
C In a competitor analysis, the firm’s first step should be to identify all potential competitors.
D Over the long run, most product-markets tend toward monopolistic competition.
E Competition-free environments are rare.
Question #51
A Objective-centered approach
B Resource combination
C Sustainable competitive advantage
D Competitor analysis plan
E Competitor matrix
Question #52
A Marketing objectives, promotion objectives,sales promotion objectives, company objectives.
B Company objectives, sales promotion objectives, marketing objectives, promotion objectives.
C Marketing objectives, company objectives, promotion objectives, sales promotion objectives.
D Company objectives, marketing objectives, promotion objectives, sales promotion objectives.
Question #53
A Focus on returning some profit to the business.
B Be compatible with one another.
C Be realistic and achievable.
D All of these are correct.
E Be specific
Question #54
A To communicate the firm’s basic reason for being.
B To help firms decide what opportunities to pursue.
C To keep managers working towards a common purpose.
D To provide detailed goals and plans.
E To help firms decide what opportunities to avoid.
Question #55
A Cultural and social environment
B Legal environment
C Technological environment
D Economic environment
E Company environment
Question #56
A Market development
B Product development
C Diversification
D Market penetration
Question #57
A Focuses on what a firm plans to do to “Satisfy Wishes of a Target” customer.
B Summarizes a firm’s “strategy, wishes (of its customers), outlook and tactics.”
C Identifies a firm’s “strengths, weaknesses, opportunities, and threats.”
D Seeks to reduce the risk of competitive surprises by scanning the market for “signals, warnings, omens, and tips.”
E Helps defend against potential competitors by developing a set of competitive “Safeguards, weapons, offensives, and tactics.”
Question #58
A A target market and a generic marketing mix
B Similar to a public relations strategy
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 marketing sales promotion
Question #59
A Distribution
B Sales Promotion
C Product development
D Publicity
E Market penetration
Question #60
A Any paid form of nonpersonal presentation of ideas, goods, or services by an identified sponsor.
B All of these are included in Advertising
C The main form of publicity
D The designing and distribution of novelties, point-of-purchase materials, store signs, contests, catalogs and circulars.
E Direct communication between sellers and potential customers.
Question #61
A Sales Promotion
B All of these may be included in Promotion
C Advertising
D Publicity
E Personal selling
Question #62
A Place
B Personnel
C Promotion
D Price
E Product
Question #63
A A haircut
B A computer
C Tax advice from a financial consultant
D A chair
E All of these are considered products
Question #64
A Product, Place, Promotion, and Price
B Potential customers, Product, Price, and Personal Selling
C Product, Price, Promotion, and Profit
D Production, Personnel, Price, and Physical Distribution
E Promotion, Production, Price, People
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 Marketing mix
D Marketing requirements
E Target market
Question #67
A A target market and a related marketing mix
B A marketing mix
C A target market
D The resources needed to implement a marketing quant.
Question #68
A Inventory planning
B Management by objective
C Marketing programming
D Marketing upfront planning
E Strategic (management) planning
Question #69
A All of these.
B Planning marketing activities.
C Implementing marketing plans.
D Controlling marketing plans.
Question #70
A Customer satisfaction, resource efficiency, sales unit maximization.
B Customer satisfaction, total company effort, profit.
C Customer satisfaction, total company effort, sales unit growth.
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 More emphasis on short-run planning in the marketing company era.
C Whether the president of the firm has a background in marketing.
D There is no difference.
E More emphasis on selling and advertising in the marketing department era.
Question #72
A Simple trade, production, sales, marketing company, marketing department
B Subsistence, production, sales, entrepreneurial, marketing company
C Simple trade, production, sales, entrepreneurial, marketing company
D Simple trade, production, sales, marketing department, marketing company
E Simple trade, production, sales, marketing department, international trading
Question #73
A Simple Trade
B Marketing Department
C Production
D Marketing Company
Question #74
A Prices
B The number of producers
C Discrepancies of quantity
D Cost of labor and materials
E Inventories
Question #75
A Producers have a lot of choice about what and how much to produce.
B Economies have little variety, so consumers have few choices.
C Prices usually fluctuate according to supply and demand.
D Marketing activities such as advertising, branding, and market research are encouraged.
Question #76
A Marketing research firms
B Advertising agencies
C All of these are collaborators
D Overnight delivery firms
E Product-testing labs
Question #77
A Marketing managers
B Consumer action groups
C Intermediaries
D Government analysts
Question #78
A Discrepancies of assortment
B Spatial separation
C Separation of values
D All of these are correct.
Question #79
A Standardization and grading
B Social quant. analysis
C The transporting function
D Micro-Marketing
E Macro-Marketing
Question #80
A The job of Marketing is to get rid of whatever the company is producing.
B Production, not Marketing, should determine what goods and services are to be developed.
C Marketing should take over production, accounting, and financial services within a firm.
D Marketing begins with anticipating potential customer needs.
E Marketing is concerned with generating a single exchange between a firm and a customer.