Final
What are the four sales force structures a company can use? Geographic, territorial, product, and customer Territorial, product, customer, and complex Territorial, international, product, and service Inside outside, individual, and team based Simple, complex, inside, and outside
Territorial, product, customer, and complex
The five guiding principles of sustainable marketing are ________. consumer-oriented marketing, customer value marketing, sense-of-mission marketing, profitable marketing, and ethical marketing consumer-oriented marketing, customer value marketing, innovative marketing, sense-of-mission marketing, and societal marketing consumer-oriented marketing, profitable marketing, innovative marketing, green marketing, and societal marketing sustainable marketing, green marketing, societal marketing, ethical marketing, and profitable marketing consumer-oriented marketing, customer value marketing, green marketing, ethical marketing, and societal marketing
consumer-oriented marketing, customer value marketing, innovative marketing, sense-of-mission marketing, and societal marketing
Eskimo Joe's sells it merchandise through its on-site store, via an e-commerce website, and using a direct mail catalog. Based upon this description, Eskimo Joe's is a(n) __________. limited service retailer corporate chain self-service retailer category killer omni-channel retailer
omni-channel retailer
Promotional tools offered to consumers include ________. rebates, coupons, price packs, and samples coupons, sales contests, samples, and price packs trade shows, coupons, samples, and push money coupons, rebates, off-list discounts, and price packs rebates, coupons, samples, and push money
rebates, coupons, price packs, and samples
When MyGym set up its "Master Franchise" in Mexico, it staffed the franchise with local Mexican managers and staff who oversaw and coordinated operations in Mexico. What type of global marketing organization did MyGym use? An international subsidiary A world product group A global organization An export department A geographical organization
A geographical organization
What do marketers need to adjust when using an adaptive global marketing strategy? Adjust the price, and marketing mix Adjust the marketing strategy and mix to each target market Adjust the product, prices, and promotion Adjust the product and price Adjust the price and marketing strategy
Adjust the marketing strategy and mix to each target market
What are the four steps to designing marketing channels in their correct order? Analyzing consumer needs, setting channel objectives, identifying the design of competitors' channels, and evaluating the alternatives Setting channel objectives, analyzing consumer needs, identifying major channel alternatives, and evaluating the alternatives Identifying the design of competitors' channels, setting channel objectives, analyzing consumer needs, and evaluating channel alternatives Analyzing consumer needs, setting channel objectives, identifying major channel alternatives, and evaluating the alternatives. Identifying the design of competitors' channels, analyzing consumer needs, setting channel objectives, and evaluating channel alternatives
Analyzing consumer needs, setting channel objectives, identifying major channel alternatives, and evaluating the alternatives.
Which of the following statements is true regarding channel organization? In a well-organized channel, conflicts rarely occur. Channel members should act alone in their own short-run best interests before considering the interests of other channel members. Channel members are dependent on each other for the overall success of the channel. Channel organization is always based on formal interactions guided by strong organizational structures. Once a channel is organized and set, it rarely changes.
Channel members are dependent on each other for the overall success of the channel.
In addition to Eskimo Joe's, Stan and his partners own two other restaurants: Joseppis' Italian Kitchen and Mexico Joe's. Which type of organizational approach to retailing does this represent? Voluntary chain Independent retailer Franchise chain Corporate chain Retailer cooperative
Corporate chain
What is omni-channel retailing? Developing close partnerships between wholesalers and retailers Allowing one supplier to sell to multiple retailers Selling products online Creating a seamless cross-channel buying experience that integrates in-store, online, and mobile shopping Setting up franchises in different locations
Creating a seamless cross-channel buying experience that integrates in-store, online, and mobile shopping
Which of the following lists the six major sales force management decision steps in their correct order? Designing sales force strategy and structure, recruiting and selecting salespeople, training salespeople, supervising salespeople, evaluating salespeople, and compensating salespeople Recruiting and selecting salespeople, training salespeople, designing sales force strategy and structure, evaluating salespeople, compensating salespeople, and supervising salespeople Designing sales force strategy and structure, recruiting and selecting salespeople, training salespeople, compensating salespeople, supervising salespeople, and evaluating salespeople Designing sales force strategy and structure, recruiting and selecting salespeople, training salespeople, evaluating salespeople, compensating salespeople, and supervising salespeople Evaluating salespeople, designing sales force strategy and structure, recruiting and selecting salespeople, training salespeople, compensating salespeople, and supervising salespeople
Designing sales force strategy and structure, recruiting and selecting salespeople, training salespeople, compensating salespeople, supervising salespeople, and evaluating salespeople
Which form of marketing communication involves engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships? Direct and digital Personal selling Public relations Advertising Sales promotions
Direct and digital
Which market entry strategy has the greatest amount of commitment, risk, control, and profit potential? Licensing Indirect exporting Direct investment Joint ownership Direct exporting
Direct investment
________ is an organized movement of concerned citizens, businesses, and government agencies designed to protect and improve people's current and future living environment. Socialism Consumerism Environmentalism Greening Futurism
Environmentalism
When deciding on a global marketing organization, what do most companies do first? Become a global organization. Hire international marketing consultants. Set up a joint venture. Create an international division. Establish an export department.
Establish an export department.
Which of the following statements regarding sales promotions is correct? Sales promotions offer buyers long-term incentives to purchase a good or service. Sales promotions are offered only to consumers. The use of sales promotions has declined in recent years. In the current economy, consumers have become more deal oriented. Sales promotions are not used by not-for-profit organizations.
In the current economy, consumers have become more deal oriented.
OXO offers a satisfaction guarantee on all of its products, the details of which are included on all of its packaging. More recently, the company has also utilized social media platforms like Facebook and Twitter to send a clear, compelling message about its guarantee program to customers. This best depicts which of the following concepts? Push strategy Integrated marketing communications Digital marketing Advertising strategy Sales promotion
Integrated marketing communications
According to the text, what is perhaps the toughest public policy issue now confronting the direct marketing industry? Irritation Security Fraud Invasion of privacy Phishing
Invasion of privacy
Which of the following is a benefit of direct and digital marketing for buyers? It is a speedy alternative to reach markets. It is low cost. It can target individual consumers. It is efficient. It is convenient, easy, and private.
It is convenient, easy, and private.
Which of the following statements is true regarding traditional direct marketing forms? Direct-mail marketing cannot be personalized. Printed catalogs have been replaced by online catalogs. Direct-mail marketing is rarely used today because it has been replaced by e-mail. Kiosk marketing provides consumers with information, but kiosks cannot be used for ordering merchandise. Marketers use both outbound telemarketing and inbound telemarketing.
Marketers use both outbound telemarketing and inbound telemarketing.
Which of the following statements regarding marketing logistics is true? Marketing logistics involve inbound logistics, outbound logistics, and reverse logistics. Companies today are placing less emphasis on marketing logistics. Marketing logistics involve outbound movement of products. Marketing logistics are not involved with the physical distribution of goods. Marketing logistics have no effect on the environment and a firm's environmental sustainability efforts.
Marketing logistics involve inbound logistics, outbound logistics, and reverse logistics.
Which form of direct and digital marketing do companies use to stimulate immediate buying, make shopping easier, enrich the brand experience, or all of these? Mobile marketing Websites Online marketing Social media marketing E-mail
Mobile marketing
Which of the following statements is correct regarding marketing communications today? Digital technologies have not yet had an impact on marketing communications. Marketers are shifting toward mass marketing communication strategies. New media formats have allowed marketers to reach smaller communities of consumers in more engaging ways. Consumers have changed very little in the past fifty years. Television advertising is growing rapidly.
New media formats have allowed marketers to reach smaller communities of consumers in more engaging ways.
Which of the following statements about major retail trends is true? Technology has had little impact on retailing. The global expansion of major retailers into other countries has slowed down. The lifecycle of new retail forms is increasing. Online buying is growing at a much brisker pace than retail buying as a whole The green movement has not yet affected retailing.
Online buying is growing at a much brisker pace than retail buying as a whole
What are the three major forms of digital direct marketing? Online marketing, social media marketing, and mobile marketing Online marketing, direct response television marketing, and mobile marketing Online marketing, social media marketing, and telemarketing Social media marketing, telemarketing, and kiosk marketing Mobile marketing, social media marketing, and telemarketing
Online marketing, social media marketing, and mobile marketing
Which of the following statements is true regarding the selection of qualified channel members? To find and select qualified channel members, firms simply refer to a national online database. Producers vary in their ability to attract qualified marketing intermediaries. Established brands have no trouble finding and keeping qualified channel members. Firms select only qualified channel members in their immediate geographical area. Selecting qualified channel members is largely controlled by government regulation.
Producers vary in their ability to attract qualified marketing intermediaries.
Retailers must decide on which three major product variables? Product assortment, services mix, and store atmosphere Product assortment, price, and location Product assortment, store atmosphere, and price Product assortment, services mix, and price Product assortment, services mix, and location
Product assortment, services mix, and store atmosphere
What is the first step in the personal selling process? Presentation and demonstration Preapproach Approach Handling objections Prospecting and qualifying
Prospecting and qualifying
________ is used by companies to build good relations with consumers, investors, the media, and their communities. Telemarketing Advertising Public relations Sales promotions Personal selling
Public relations
Which of the following statements about retailer marketing decisions is correct? Retailers face three major marketing decisions: segmentation and targeting, store differentiation and positioning, and the retail marketing mix. Store location is not an important retail decision. Retailers cannot differentiate themselves on their service mix. Retailers do not have to segment and target their markets. Stores do not need to differentiate and position themselves.
Retailers face three major marketing decisions: segmentation and targeting, store differentiation and positioning, and the retail marketing mix.
Although traditional media channels offer greater consumer reach, generating desired sales effects might require repeated exposures. OXO management believes it is hard to justify the higher costs of channels such as print and television commercials to reach consumers effectively. This example best illustrates which of the following concepts? Return on advertising investment Advertising budgeting Push strategy Integrated marketing communications Advertising strategy
Return on advertising investment
What are the four important decisions made when developing an advertising program? List them in order. Setting the advertising budget, setting advertising objectives, developing advertising strategy, and evaluating advertising effectiveness Setting advertising objectives, setting the advertising budget, developing advertising strategy, and evaluating advertising effectiveness Setting advertising objectives, setting the advertising budget, determining the impact on sales and profits, and determining the return on investment Setting advertising objectives, setting the advertising budget, developing message strategy, and determining media timing Developing message strategy, developing message execution, selecting media, and determining media timing
Setting advertising objectives, setting the advertising budget, developing advertising strategy, and evaluating advertising effectiveness
Which of the following statements is true regarding social media marketing? There are very few niche online social networks. Social media can be used for real-time marketing. Social media cannot be targeted or personalized. Very few companies use social media for marketing. Social media is not interactive.
Social media can be used for real-time marketing.
________ calls for socially and environmentally responsible actions that meet the present needs of consumers and businesses while also preserving or enhancing the ability of future generations to meet their needs. Strategic marketing Responsible marketing Sustainable marketing Societal marketing Environmental marketing
Sustainable marketing
Which of the following statements is true regarding the global marketing environment today? Since the world has become a global community, culture has become an unimportant consideration when conducting business in foreign countries. A free trade zone is an area where products are traded free. Monetary regulation is no longer an important consideration in deciding whether to do business in a particular country. The World Trade Organization (WTO) helps promote trade between nations. Most nations are very similar in their political-legal environments.
The World Trade Organization (WTO) helps promote trade between nations.
What are the four characteristics used to classify retailers? The amount of service they offer, the breadth and depth of their product lines, the relative prices they charge, and the size of the store The breadth and depth of their product lines, the relative prices they charge, the location of the store, and the size of the store The amount of service they offer, the breadth and depth of their product lines, the relative prices they charge, and how they are organized The amount of service they offer, the relative prices they charge, the target customers, and the size of the store The location of the store, the relative prices they charge, the target customers, and the size of the store
The amount of service they offer, the breadth and depth of their product lines, the relative prices they charge, and how they are organized
Which of the following statements about public relations is correct? Public relations is used only to promote products. The lines between advertising and public relations are becoming more blurred. Public relations is not used to engage consumers. The impact of public relations on public awareness comes at a much higher cost than advertising. It is difficult to integrate public relations into social media.
The lines between advertising and public relations are becoming more blurred.
Which of the following statements is true regarding marketing channels and channel intermediaries? Distribution systems cannot be used to give a company a competitive advantage. Using marketing channel intermediaries means producers give up some control over how and to whom they sell their products. Distribution channel decisions involve only short-term commitments to other firms. Very few producers use marketing channel intermediaries. Marketing channel decisions have no effect on other marketing decisions.
Using marketing channel intermediaries means producers give up some control over how and to whom they sell their products.
What are the four major functions of marketing logistics? Warehousing, inventory management, transportation, and retailing Warehousing, inventory management, transportation, and logistics information management Warehousing, transportation, wholesaling, and retailing Forecasting, order processing, transportation, and inventory management Warehousing, inventory management, shipping, and receiving
Warehousing, inventory management, transportation, and logistics information management
Which of the following statements about wholesaling is true? Wholesalers must make decisions regarding their marketing mix. Wholesalers do not make positioning decisions. Wholesalers do not need to define a target market. Wholesalers do not need to differentiate themselves. Wholesalers do not need to segment their markets.
Wholesalers must make decisions regarding their marketing mix.
According to Ms. Bena Shaw, OXO's Senior Brand Communications Manager, OXO's early growth was fueled primarily by increasing both product categories and the number of retailers with which it dealt. Accordingly, its promotions mix and marketing communications strategies were aimed at getting retailers to carry more of its products. This approach is called __________. a promotional mix strategy integrated marketing communications a pull strategy personal selling a push strategy
a push strategy
Because written codes and ethics programs do not ensure ethical behavior, ethics and social responsibility require ________. strong sanctions when policies are not followed government regulation a total corporate commitment oversight by an external agency that the written codes be disclosed to the public
a total corporate commitment
When assigning functions to channel members, it is important for producers to ________. assign functions to the channel members that can add the most value for the cost assign functions to channel members not used by competitors assign functions to firms they have worked with in the past assign functions to channel members who do not take risks assign functions to channel members who guarantee to lower the producers' costs
assign functions to the channel members that can add the most value for the cost
Eskimo Joe's sells branded, ready-to-wear clothing, hats, drink ware, coasters, and other products directly to end consumers. Based upon this description, one could say that these product categories collectively represent the __________ of Eskimo Joe's product assortment. breadth diversity depth distinctiveness extensiveness
breadth
Integrated marketing communications must deliver company and brand messages that are ________. clear, consistent, and compelling clear, compelling, and controversial unique, current, and consistent relevant, humorous, and exciting informative, persuasive, and distinct
clear, consistent, and compelling
The organized movement of citizens and government agencies to improve the rights and power of buyers in relation to sellers is called ________. socialism sustainable marketing environmentalism societal marketing consumerism
consumerism
A ________ consists of producers, wholesalers, and retailers acting as a unified system. horizontal marketing system vertical marketing system conventional marketing system multichannel marketing system closed marketing system
conventional marketing system
Because not all managers have fine moral sensitivity, companies need to ________. hire ethically sensitive managers develop corporate marketing ethics policies let upper-level managers resolve ethical dilemmas let workers resolve ethical dilemmas rely on the legal system to resolve ethical dilemmas
develop corporate marketing ethics policies
Stan and the staff at Eskimo Joe's believe that creating a fun, one-of-a-kind restaurant and store atmosphere for its target customers will move them to visit more often and buy Eskimo Joe branded products. In so doing, Eskimo Joe's exemplifies __________ retailing. existential psychological experiential consumer-based atmospheric
experiential
Critics of marketing point to three factors that lead to prices being higher than they should be. These three factors are ________. high advertising and promotion costs, excessive government taxes, and excessive markups high costs of distribution, high advertising and promotion costs, and high executive salaries high costs of distribution, high advertising and promotion costs, and excessive markups high advertising and promotion costs, high executive salaries, and high salaries for marketing professionals . high costs of distribution, high sales commissions, and high executive salaries
high costs of distribution, high advertising and promotion costs, and excessive markups
The average Toyota car contains more than 10,000 moving parts, all manufactured by hundreds of independent suppliers that Toyota neither owns nor controls. The process by which Toyota identifies and ensures that parts arrive on time to its manufacturing facilities is known as __________. supply chain management outbound logistics inbound logistics marketing channel design channel disintermediation
inbound logistics
Toyota develops intimate relationships with many of its key suppliers, many of whom build distribution facilities in close proximity to Toyota's relay centers and assembly plants. For new car models, these suppliers often work together with Toyota engineers during the early stages of the design process and work collaboratively to come up with innovations that lower costs and improve the quality of its finished vehicles. This type of team approach is referred to as __________ logistics management. contractual conventional integrated intensive administered
integrated
Personal selling can be very effective in complex selling situations because it involves ________ interactions and engagement between salespeople and individual customers. informal interpersonal profitable competitive non-personal
interpersonal
MyGym has more than 250 franchisees located in 31 countries. This approach to foreign market entry is best described as __________. licensing direct exporting management contracting direct investment joint ownership
licensing
The three major groups of wholesalers are ________. merchant wholesalers, brokers and agents, and wholesale clubs merchant wholesalers, full-service wholesalers, and limited service wholesalers merchant wholesalers, brokers and agents, and full-service wholesalers merchant wholesalers, wholesale clubs, and big box stores merchant wholesalers, brokers and agents, and manufacturers' and retailers' branches and offices
merchant wholesalers, brokers and agents, and manufacturers' and retailers' branches and offices
Websites, online advertising and promotions, e-mail marketing, online video, and blogs are all forms of ________ marketing. online mobile social media catalog traditional direct
online
In developing advertising strategies, marketers must make decisions regarding ___________________. audience and media objectives and media budget and message budget and audience organizing the advertising function; adaptation to international markets
organizing the advertising function; adaptation to international market
Most companies today see their intermediaries as first-line customers and focus on ________ to forge long-term relationships with channel members. partner relationship management discounted prices promotional incentives government assistance legal contracts
partner relationship management
The trend of ________ has resulted in different types of retailers now selling the same products at the same prices to the same consumers. tighter consumer spending green retailing the growth of social media retailing pop-up stores retail convergence
retail convergence
The principle of innovative marketing states that a company should continuously ________. identify emerging consumer trends develop cutting-edge advertising seek new distribution channels incorporate new technology into all marketing efforts seek real product and marketing improvements
seek real product and marketing improvements
n addition to selling food and drink through its restaurant and bar, Eskimo Joe's sells a variety of items that feature its popular Eskimo Joe logo. These products are sold directly to final consumers for their personal use. Based upon this description, Eskimo Joe's may be categorized as a __________. service retailer convenience store category killer wholesaler specialty store
service retailer
When MyGym management began evaluating overseas market expansion, it first looked at countries in which English was fairly common so that the company would not have to greatly modify its marketing programs. The marketing approach the company took in addressing its new global markets is best described as __________. international marketing adapted global marketing International brand extension standardized global marketing indirect exporting
standardized global marketing
Unlike the marketing concept, the sustainable marketing concept focuses on ________. satisfying immediate customer needs immediate and future profits long-term customer loyalty the future best interests of customers and the business the immediate best interests of customers and the business
the future best interests of customers and the business
In the video, Ms. Shah emphasizes that OXO's primary advertising goals involve increasing depth and breadth of brand awareness. As such, the primary purpose of OXO's brand communications efforts is __________. to inform to remind to compare to persuade to motivate
to inform
Toyota works closely with its suppliers, distributors, and, ultimately, customers who collaborate with each other to improve overall channel performance. This intricate and evolving system of downstream and upstream partners can be described as a(n) __________. contractual VMS horizontal marketing systems value delivery network indirect marketing channel direct marketing channel
value delivery network
The digital version of word-of-mouth marketing, which involves creating videos, ads, and other marketing content that customers seek out or pass along to their friends, is called _______. social media marketing mobile marketing viral marketing pass-along marketing infectious marketing
viral marketing
What are the five promotion mix tools used by marketers to communicate customer value? Advertising, business to business selling, personal selling, sales promotion, and direct and digital marketing Advertising, public relations, personal selling, sales promotion, and telemarketing Advertising, public relations, personal selling, sales promotion, and direct and digital marketing Television advertising, radio advertising, online advertising, social media advertising, and outdoor advertising Product, price, place, promotion, and advertising
Advertising, public relations, personal selling, sales promotion, and direct and digital marketing
There are two extremes for global marketing strategies. At one extreme is ________ global marketing, and at the other is ________ global marketing. standardized; uniform direct; indirect cultural; uniform standardized; adaptive regional; local
standardized; adaptive
Closing a sale with a particular customer is a short-term ________ orientation, but the selling process must also take a ________ orientation and look at the long term. relationship; transactional transactional; relationship profit; relationship company; relationship transactional; profit
transactional; relationship
Which of the following are the three ways an international division's operating units can be organized? Geographical organizations, world product groups, or international subsidiaries Geographical organizations, regional organizations, or global organizations Local product groups, regional product groups, or world product groups Local offices, foreign offices, or global offices Export departments, sales departments, or marketing departments
Geographical organizations, regional organizations, or global organizations
What are the six major criticisms of how marketing causes harm to consumers? High prices, deceptive practices, high-pressure selling, shoddy or unsafe products, planned obsolescence, and poor service to disadvantaged consumers High-pressure selling, shoddy or unsafe products, planned obsolescence, poor service to disadvantaged consumers, poor customer service, and excessive profits High prices, deceptive practices, shoddy or unsafe products, products no one needs or wants, poor customer service, and unhealthy fast food High prices, deceptive practices, high-pressure selling, untrained sales staff, poor customer service, and unhealthy fast food High prices, deceptive practices, high-pressure selling, shoddy or unsafe products, poor customer service, and unhealthy fast food
High prices, deceptive practices, high-pressure selling, shoddy or unsafe products, planned obsolescence, and poor service to disadvantaged consumers
What are the two economic factors that reflect the country's attractiveness as a market? Industrial structure and political stability Attitudes toward international buying and monetary regulation Industrial structure and income distribution Free trade zones and tariffs Monetary regulations and income distribution
Industrial structure and income distribution
In an effort to build awareness of its brand, OXO has built a Facebook following of more than 75,000 fans, it engages with its customers via Twitter, and it maintains an active blogger outreach program. The company also advertises regularly on food-related websites like FoodNetwork.com. Building awareness to build primary demand is used for which advertising objective? Comparative Attack Reminder Persuasive Informative
Informative
When MyGym first introduced franchises in Mexico, the company quickly identified significant language and cultural differences. For instance, in the U.S., parents planning birthday parties were accustomed to two-hour parties. In Mexico, however, families were accustomed to four-hour parties. So Mexican MyGym franchisees offered four hours parties. What type of product approach did MyGym ultimately take in its Mexican market? Straight product extension Standardization Product invention Product innovation Product adaptation
Product adaptation
Which of the following statements is true regarding the promotion mix? Public relations includes press releases, sponsorships, events, and Web pages. Sales promotions are long-term incentives to encourage the purchase or sale of a product or service. Advertising is a personal form of marketing communication. Personal selling is not used to engage customers. Direct and digital marketing cannot be used to target individual consumers.
Public relations includes press releases, sponsorships, events, and Web pages.
What is the simplest way to enter a foreign market? Through exporting Through joint venturing Through direct investment Through licensing Through joint ownership
Through exporting
Traditional direct marketing tools include ________. catalog marketing, online advertising, e-mail, telemarketing, direct-response television marketing, and websites websites, catalog marketing, telemarketing, e-mail, kiosks, and online videos catalog marketing, telemarketing, websites, e-mail, online videos, and blogs face-to-face selling, direct-mail marketing, catalog marketing, telemarketing, direct-response television marketing, and kiosk marketing catalog marketing, telemarketing, websites, e-mail, direct mail marketing, and online advertising
face-to-face selling, direct-mail marketing, catalog marketing, telemarketing, direct-response television marketing, and kiosk marketing
When designing marketing channels, companies must determine the number of channel members to use at each level. The three strategies that are available to do this are ________ distribution. intensive, exclusive, and global targeted, segmented, and global intensive, selective, and targeted intensive, selective, and exclusive open, closed, and franchise
intensive, selective, and exclusive
Toyota suppliers are required to adopt information and automated communication technologies that ensure that Toyota's relay centers and assembly plants have just the right amount of parts on hand to satisfy sales forecasts and the corresponding production schedule. This inventory management practice is described in the book and video as __________ logistics. marketing just-in-time integrated third-party exclusive
just-in-time