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156 test bank for m marketing 2nd edition by grewal đề trắc nghiệm marketing

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Đề thi trắc nghiệm Marketing có đáp án, Câu hỏi trắc nghiệm Marketing, Marketing Management Exam, Mutiple Choice Questions, câu hỏi lựa chọn Marketing, Examination Marketing, test bank for Marketing Câu hỏi trắc nghiệm miễn phí có đáp án, dạng câu hỏi lựa chọn, câu hỏi đúng sai, câu hỏi trả lời ngắn Test Bank with answers for M Advertising 2 Test bank with answer for marketing management a strategic decision making approach 7th edition Test Bank with answer for marketing an introduction 10th edition Free Test Bank with answer for Consumer Behavior 10th Edition Test Bank with answer for Marketing An Introduction 12th Free Test with answer Bank for Retailing Management Free Test with answer Bank for A Preface to Marketing Management 14th Free Test with answer Bank for A Preface to Marketing Management Test Bank for Foundations of Marketing 6th Edition Test Bank with Answer for Consumer Behavior 11th Edition 375 Test Bank for Essentials of Marketing A Marketing Strategy Planning Approach 13th Edition by Perreault 234 Test Bank for Essentials of Marketing 3rd Edition

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156 Test Bank for M Marketing 2nd Edition by Grewal

True - False Questions

Thoughts, opinions, and philosophies fit the concepts of

neither goods nor services, and they cannot really be marketed

1 True

2 False

Marketers in a number of major food manufacturers have

acted to restrict advertising to children in response to public concerns about obesity in children and the

impact of advertising fast food

The group of firms that makes and delivers a given set of

goods and services is known as a supply chain

1 True

2 False

Google, Facebook and YouTube are all innovative, and each

company has succeeded because it provided value to its customers

1 True

2 False

In value-based marketing firms, the economics department is

responsible for coordinating all aspects of supply and demand

1 True

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Marketing is an activity that only large firms with specialized

departments can use.

1 True

2 False

During the past decade or so, marketers have begun to

realize that they need to think about their customer orientation in terms of transactions rather than

In co-creation, the customer is involved as a collaborator in

the creation of a product or service, which provides additional value to the customer

1 True

2 False

Mutiple Choice Questions - Page 1

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Julia is considering a career in marketing She is concerned

about the image of marketers as fast-talking,

high-pressure people When reading about the core aspects

of marketing, Julia is relieved to see that in marketing:

1 A all parties to an exchange should be satisfied.

2 B promotion is foremost, followed by pricing decisions.

3 C decisions are made regarding how a product is designed.

4 D customers are not needed until the product is ready for sale.

5 E distribution is controlled by customers.

Whenever Jami calls on his building contractor customers

he asks if they are having any problems In doing so, Jami is addressing which of the following core aspects

of marketing?

1 A Satisfying customer needs and wants

2 B Exchange function of marketing

3 C Product, place, promotion, and price decisions

4 D Decisions regarding in which setting marketing takes place

5 E Creating value objective of marketing

When considering career choices in marketing, many

students overlook supply chain management

because:

1 A it is considered too quantitative.

2 B promotion strategy is more fun.

3 C companies do not want organization members to understand the problems involved.

4 D it only takes place in large, urban areas.

5 E many of the activities take place behind the scenes.

Some discount stores put products in large bins and let

consumers hunt and find bargains Part of the price these consumers pay is:

1 A cost of providing the bins.

2 B the value of their time and energy.

3 C excitement they experience in finding an item they desire.

4 D the savings to the store of not having to display the products neatly on shelves.

5 E the savings to the store of not having to hire retail sales personnel.

Which of the following activities does NOT involve

marketing?

1 A Purchasing gasoline

2 B Attending marketing class

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3 C Downloading music

4 D Deciding how many hours to sleep

5 E Selling a CD on eBay

Ellen's firm has been installing home entertainment systems

for ten years In a new approach, she has started

selling a line of imported speakers that offer superior value to her customers when they upgrade their

systems Ellen should focus her marketing efforts on:

1 A the service she provides to customers.

2 B the new merchandise.

3 C a combination of the services and the merchandise.

4 D the speakers until they become profitable than return her focus to the core of her business - the installation.

5 E economic trends in the country where the speakers are manufactured.

Marketers must determine the price of a product carefully on

the basis of the potential buyer's belief about:

Smart marketers recognize that when exchanges take place

with their customers, whether in person or

electronically, it is an opportunity to:

1 A demonstrate the limitations of competitors' offerings.

2 B gather information.

3 C offer discounts.

4 D investigate alternative distribution system stimuli.

5 E design new product offerings for other market segments.

Marketing includes offering:

1 A products.

2 B services.

3 C ideas.

4 D causes.

5 E combinations of products, services, ideas, and causes.

The fundamental goal of marketers when creating goods,

services, or combinations of both, is to:

1 A differentiate themselves from the competition.

2 B overwhelm consumers.

3 C provide what is needed as defined by government regulations.

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4 D stimulate short-term sales.

5 E create value.

Local radio advertising often includes ads for competing

automobiles dealerships using actors trying to create

a sense of excitement and urgency among consumers, even if the ads annoy many listeners These ads are attempting to achieve the promotional goal of

1 A provides intangible benefits.

2 B can be physically touched.

3 C is always less expensive than a corresponding service.

4 D generates greater interest among consumers.

5 E depreciates more rapidly in the minds of consumers.

Which of the following is NOT true about marketing ideas?

1 A Opinions, philosophies, intellectual concepts and even thoughts can be

effectively marketed.

2 B Marketing ideas does not involve real exchange of value.

3 C Ideas can be "purchased" by convincing someone to change his or her

behavior.

4 D Marketing can be directed toward primary and secondary targets to increase knowledge and change behavior.

5 E Value can be created through changing behaviors.

The time involved in making a purchasing decision, the

actual money to be spent, the effort involved, and any sacrifice the buy makes are all elements of:

1 A promotion parameters.

2 B distribution or place drivers.

3 C core product differentiators.

4 D processes consumers must follow.

5 E price.

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The four Ps comprise the _, which is the

controllable set of activities that the firm uses to

respond to the wants of its target markets

1 A elements of practice

2 B internal operation focus

3 C needs response mechanism

4 D marketing mix

5 E functional marketing discipline

The goal of promotion is to inform, persuade and remind

about a product or service

1 A competitors

2 B distributors

3 C sales representatives

4 D potential buyers

5 E television - including cable - networks

Fiona has developed a new software application that

automatically reconfigures accounting information based on the standards used in each country Her

product is superior to anything that exists on the

market Which of the following decisions is NOT one of the key marketing decisions she will have to make?

1 A How the software will be promoted?

2 B What price to charge?

3 C What distribution channels to use?

4 D Where to introduce the software?

5 E How many software products typically fail?

Marketing efforts designed to get the product or service to

the right customer, when that customer wants it, are called:

1 A supply chain management.

2 B situational distribution efficiency.

3 C wholesaling.

4 D marketing myopia.

5 E endless chain marketing.

Which of the following is a core aspect of marketing?

1 A Satisfying the firm's wants and needs

2 B Creating universal coverage

3 C Instilling self-sufficiency

4 D Making product, place, promotion, and price decisions

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5 E Working with the creative people in ad agencies

Every Christmas season, Anheuser-Busch runs television

ads featuring Clydesdale horses in a winter scene

These ads focus on the promotional goal of

consumers about the company's brand

1 A informing

2 B persuading

3 C reminding

4 D entertaining

5 E creating an emotional bond with

Brian is struggling with the choice of publishing his new

book, "How to cook Polish Barbeque" as an e- book or

a paperback Brian is addressing which core marketing aspect?

1 A Satisfying customer needs and wants

2 B Exchange function of marketing

3 C Making product decisions

4 D Decisions regarding in which setting marketing takes place

5 E Making pricing decisions

Four Winds Art Gallery recently began offering appraisals of

customers' art collections Four Winds is:

1 A expanding from offering just service to offering goods.

2 B implementing a market segmentation strategy.

3 C capturing value through multiple pricing strategies.

4 D expanding from offering just goods to offering services.

5 E increasing customer value through inflated appraisal evaluations.

Marketing traditionally has been divided into a set of four

interrelated decisions known as the marketing mix, or four Ps, including all of the following EXCEPT:

Delivering the value proposition is also known as:

1 A endless chain marketing.

2 B situational distribution efficiency.

3 C wholesaling.

4 D marketing myopia.

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5 E supply chain management.

The owner of The House Doctor, a home repair business,

often helped potential customers evaluate alternative ways to fix problems Since he got paid for materials and labor when doing repairs, the House Doctor:

1 A was only offering a product.

2 B was offering only a service.

3 C provided both a service and a product.

4 D was primarily a marketer of ideas.

5 E focused on supply chain management.

Which of the following is NOT one of the key questions

which must be asked when making marketing

decisions?

1 A How is the product to be designed?

2 B How much should the product cost?

3 C Where should the product be promoted?

4 D How will the product be delivered to the customer?

5 E Whose responsibility is it to ensure customer service representatives handle returned merchandise properly?

Whenever Valerie has a new massage therapy customer, she

asks the person if they want to be on her e- mail

distribution list In the process, in addition to

exchanging her massage therapy service for payment, Valerie is gathering:

1 A information.

2 B promotional effective analysis.

3 C pricing data.

4 D value.

5 E names to sell to list brokers.

Yesenia, the new university course scheduling manager, is

struggling with adjustments to the fall schedule She is trying to determine how to offer what the students

need at the times students need them Yesenia is

struggling with the marketing function of:

1 A communicating the value proposition.

2 B supply chain management.

3 C creating value.

4 D capturing value.

5 E tormenting students.

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UPS, FedEx, and DHL all support other companies'

UPS requires their delivery people to wear uniforms and

wash their trucks nightly so they are always clean Part

of the reason this service company created these

policies is because they recognize:

1 A consumers like delivery people who are wearing earth-toned clothing.

2 B their competitors could not do this.

3 C consumers' image of the benefits they receive are tied to their image of the producer.

4 D the goods UPS sells are easily replicated.

5 E cleaner trucks improve fuel efficiency.

Marketing involves all of the following EXCEPT:

Supply chain management involves the

efforts of suppliers, manufacturers, warehouses and stores

Henriette offers financial counseling and management on a

fee-only basis She has found that different customers are willing to pay different rates for her service

Henriette recognizes that her pricing decisions

primarily depend on:

1 A regulations determining the fees financial advisors can charge.

2 B changes in technology allowing consumers to manage their own affairs.

3 C how much customers are willing to pay and are satisfied with their purchase.

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4 D changes in the economy creating recessions or periods of expansion.

5 E how much effort she has to expend in assisting her clients.

In most supermarkets there are numerous almost identical

products, some with brand names and others with store or generic labels In terms of creating product value for the consumer, which of the following does not create a difference in value between branded and generic products?

1 A Brand image

2 B Intrinsic ingredients

3 C Price

4 D Customer relationship between the manufacture and the store manager

5 E How it is sold in the store

The marketing goal of getting the "right quantities to the

right locations, at the right time" is:

1 A communicating the value proposition.

2 B supply chain management.

3 C creating value.

4 D capturing value.

5 E price and performance management.

is communication by a marketer that

informs, persuades, and reminds potential customers

Marketers involved in supply chain management are

constantly balancing the:

1 A goal of promotional effectiveness against ethical advertising standards.

2 B problem of price maximization against cost efficiency.

3 C goal of minimizing costs against satisfying the service levels customers expect.

4 D desire to achieve against the need for a stabile source of supply.

5 E goal of efficiency against the goal of profit minimization.

When referring to "exchange," marketers are focusing on:

1 A location where products and services are traded.

2 B price charged adjusted for currency exchange rates.

3 C creating value.

4 D promotional offers designed to stimulate barter.

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5 E the trading of things of value.

The importance of supply chain management is often

overlooked because:

1 A it is considered boring.

2 B pricing strategy is more fun.

3 C companies do not want organization members to understand the problems involved.

4 D many of the activities take place behind the scenes.

5 E it is more properly an operations management issue.

114 Free Test Bank for M Marketing 2nd Edition by

Grewal Mutiple Choice Questions - Page 2

In the past, manufacturer's representatives did not have

up-to-minute data about the products they were selling Today, manufacturer's representatives are often

provided Intranet access to inventory data for the companies they represent Intranet systems allow companies to become more value driven through:

1 A sharing information across the organization.

2 B balancing customers' benefits and costs.

3 C evaluating strategic competitive partnerships.

4 D building relationships with government regulators of marketing institutions.

5 E demonstrations of technical competencies.

Retailers accumulate merchandise from producers in large

amounts and sell to consumers in smaller amounts Retailers function as:

During the era manufacturers and retailers

began to focus on what consumers wanted and

needed before they designed, made, or attempted to sell their products

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As use of the Internet took off, car manufacturers were

tempted to sell directly to consumers but decided to maintain their existing dealer networks The car

manufacturers considered switching from

Near the end of the model year, Move-Them-Out automobile

dealership had an unusually high inventory level The manager increased her advertising spending and gave extra incentives to its salespeople Move- Them-Out operates as if it were in the era

The traditional marketing channel through which consumers

find and purchase goods and services is known as:

Yolanda is the new restaurant manager in a major hotel

When considering changes in the restaurant to

improve benefits to customers, Yolanda will likely

attempt to either provide the same quality at a lower cost or:

1 A improve products and services at the same cost.

2 B increase prices to increase revenue.

3 C offset higher hotel rates with lower restaurant prices.

4 D reduce customer benefit expectations through reduced service.

5 E cut back slightly on portion sizes and reduce the number of wait staff through attrition.

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Serena studies her customer profiles, market research data,

complaints, and other information attempting to better understand what her customers want Serena operates

in the era of marketing

When preparing for and engaging in a job interview, potential

employees engage in marketing most closely

associated with _ marketing

Janine has a new clothing design she would like to market

She knows creating and delivering value to consumers

is difficult and has seen designers' successful

products have been quickly replicated For Janine, the major problem she faces in creating and delivering value is most likely to be:

1 A consumer perceptions change quickly.

2 B competitors constantly enter markets.

3 C global pressures continually reshape market opportunities.

4 D marketers' understanding of consumers is complete.

5 E shortages in popular fabrics and materials customers will want.

To become a better value driven organization, the manager

of BestBulk clothing store directed her staff to

_ customers, competitors,

complaints and inventories

1 A second-guess the needs of

2 B avoid being overwhelmed by

3 C place organizational priorities above those of

4 D develop their own capacities to control

5 E share information about

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Some customers will seek to get a lot of merchandise for a

small amount of money In marketing, this is known as:

1 A the marketing paradox.

2 B the outer limits of pricing.

3 C customers seeking value.

4 D profit pricing.

5 E value variation.

To become a more value driven organization, Pokrah

University is holding coffee-hour discussions with its students and surveying its graduates regarding

students' educational needs and desires Pokrah University is becoming more value driven by:

1 A sharing information across their organization.

2 B balancing their customers' benefits and costs.

3 C evaluating strategic competitive partnerships.

4 D building relationships with customers.

5 E emulating practices in private industry.

During the era manufacturers and retailers

recognized they needed to give their customers

greater value than their competitors did

_ depends on knowing what customer

perceive as key benefits and balancing them with reasonable costs while looking at quality from the customer's perspective

1 A Supply chain management

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2 B Promotion

3 C Effective advertising

4 D Tactical pricing

5 E Value-based marketing

Bill operates a bookstore with a special focus on technical

books and a modest range of general interest books

He knows his customers weigh the costs versus the benefits associated with the different options available including large chains and Internet options He

decides which books and periodicals to carry and what prices to charge based on the way his customers

think Bill operates in the _ era of marketing

The idea that a good product will sell itself is associated with

the _ era of marketing

As owner of a retail franchise food store, Mary Gray

coordinates her purchasing with specials advertised nationally throughout the franchise system One

Monday she was surprised to find customers asking for specials that she did not know about in advance The franchise company failed the value driven

principle of:

1 A sharing information across the organization.

2 B balancing customers' benefits and costs.

3 C evaluating strategic competitive partnerships.

4 D building relationships with customers.

5 E avoiding major announcements over high-traffic weekends.

In delivering value, marketing firms attempt to find the most

desirable balance between:

1 A the need for value and the perception of value.

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2 B explicit versus implicit value.

3 C providing benefits to customers and keeping costs down.

4 D the desire to satisfy customers and the need to keep customers from running the company.

5 E the need for product improvement and the need for advertising.

By promoting perfume based on youth, style, and sex

appeal, Calvin Klein is attempting to:

1 A influence social norms regarding sexuality.

2 B increase price resistance.

3 C stimulate supply chain management cooperation.

4 D increase the perceived value of their products.

5 E avoid interference from the Federal Trade Commission.

Adding Value 1.1: My M&Ms discusses a market approach

similar to that used by companies like Nike that allows customers to custom-design the products Marketers offering services also bring customers into the design process to create custom approaches This is known as:

1 A vanity product development.

2 B value customization.

3 C premium design.

4 D value co-creation.

5 E extreme customer service.

Effective promotion enhances a product's or service's:

1 A supply chain management system.

During the marketing era:

1 A a good product would sell itself.

2 B the customer was king.

3 C marketing was more important than production.

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4 D advertising and personal selling will make the sale.

5 E firms focused on value.

Many universities provide physical or electronic bulletin

boards to facilitate ride-sharing and exchange of used books among students These bulletin boards increase _ marketing

1 A the lowest cost option.

2 B represented by brand names.

3 C the highest priced alternative.

4 D everyday low prices.

5 E what you get for what you give.

The prevailing marketing strategy of the era

was to find customers for inventories that went

Fiona, the new manager of Common Ground Coffee House,

is assessing vendor performance, customer

complaints, advertising effectiveness, and all aspects

of her business Fiona recognizes value-based

marketing:

1 A is based primarily on consumer perceptions.

2 B offers insights into competitor's actions.

3 C should be at the core of every firm's functions.

4 D depends on constantly changing global pressures.

5 E forces consumers to constantly change their perceptions.

The evolution of marketing progressed along the

continuum:

1 A sales, marketing, value-based marketing, production.

2 B marketing, value-based marketing, production, sales.

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3 C value-based marketing, production, sales, marketing.

4 D production, sales, marketing, value-based marketing.

5 E sales, value-based marketing, marketing, production.

Henry Ford's statement, "Customers can have any color they

want so long as it's black," typified the era of marketing

During the era, firms had excess capacity

and used personal selling and advertising to generate customers

Deborah works for a small manufacturing company Her

boss founded the company to produce a valve he had invented While the valve was revolutionary when it was first made, her boss is constantly improving their products Unfortunately, he doesn't pay the same kind

of attention to customers or the internal operations of the firm Her boss is probably stuck in the

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