marketing final
Which of the following is used to engage customers anywhere, anytime during the buying and relationship-building processes? A. permission-based e-mail marketing B. mobile marketing C. blogs D. branded web communities E. online advertising
mobile marketing
A blog is a(n) ______. A. type of online advertising B. type of targeted e-mail C. text- and image-based ad and link that appears atop or alongside search engine results D. mobile app E. online forum
online forum
Websites, online advertising, email, online video, and blogs are all forms of ______. A. telemarketing B. social media marketing C. mobile marketing D. traditional direct marketing E. online marketing
online marketing
___ means sending email pitches only to customers who "opt in." A. phishing B. unsolicited email marketing C. spamming D. viral marketing . E. permission-based email marketing
permission-based email marketing
Consumers may receive an e-mail, supposedly from their bank or credit card company, saying that their account's security has been compromised. The sender asks consumers to log on to a provided Web address and confirm their account and other personal information and then steals this private information. This is a fraudulent practice called ______. A. phishing B. spamming C. telemarketing D. infomercials E. mobile marketing
phishing
________ is a retailing technique of carefully orchestrating the store's layout and displays, background music, colors, and smells. A. Wholesaling B. Environmental retailing C. Experiential retailing D. Omni-channel retailing E. Interior design
Experiential retailing
What is the final step in the seven-step personal selling process? A.Follow-up B.Prospecting C.Presentation D.Closing E.Qualifying
Follow-up
In which of the following is vertical conflict, conflict between different levels of the same channel, common? A. Channel intermediaries B. Supplier channels C. Independent retailers D. Franchise organizations E. Wholesalers
Franchise organizations
Which of the statements is TRUE regarding media and message decisions? A. Media and message decisions should be closely coordinated. . B. Message decisions are now more important than media decisions. C. Media and message decisions have no impact on results. D. Media and message decisions are independent of each other. E. Media and message decisions have no relationship to budgeting.
Media and message decisions should be closely coordinated.
Which of the following types of wholesalers are Independently owned businesses that take title to all merchandise handled? A. Merchant wholesalers B. Manufacturers' agents C. Rack jobbers D. Brokers E. Industrial distributors
Merchant wholesalers
Which of the following represents a new trend in logistics to save costs, increase efficiencies, and gain faster and more effective access to global markets? A. RFID and barcode tracking B. Just-in-time logistics C. Electronic data exchange D. Vendor managed inventory E. Outsourcing logistics functions
Outsourcing logistics functions
Which of the following uses promotional tools such as presentations, trade shows, and incentive programs to engage customers, make sales, and build customer relationships? A. Advertising B. Direct and digital marketing C. Sales promotion D. Public relations E. Personal selling
Personal selling
Channels often involve long-term commitments, and companies have many alternatives. What type of criteria should be used if the company wants to keep the channel flexible so that it can respond to environmental changes? A. Adaptability criteria B. Profitability criteria C. Investment criteria D. Sales criteria E. Control criteria
Adaptability criteria
________ is the first step in marketing channel design. A. Analyzing consumer needs . B. Setting channel objectives C. Identifying the types of intermediaries to use D. Identifying the number of intermediaries to use E. Evaluating major channel alternatives
Analyzing consumer needs
At which step in the personal selling process does a salesperson meet the customer for the first time? A.Presentation B.Preapproach C.Prospecting D.Approach E.Qualifying
Approach
Which of the following describes layers of intermediaries performing some of the work to bring the product and its ownership closer to the final buyer? A. Value delivery networks B. Marketing channels C. Channel levels D. Networking contacts E. Supply chains
Channel levels
Retailers must decide on which three major product variables? A. Product assortment, price, and location B. Product assortment, store atmosphere, and price C. Product assortment, services mix, and store atmosphere D. Product assortment, services mix, and price E. Product assortment, services mix, and location
Product assortment, services mix, and store atmosphere
Which advertising objective is best suited to maintaining customer relationships and for more mature products? A. Reminder B. Attack C. Persuasive D. Humorous E. Informative
Reminder
Which of the following describes the activities that play an important role in connecting brands to consumers in the final phases of the buying process? A. Shopper marketing B. Warehousing C. Retailing D. Manufacturing E. Wholesaling
Retailing
Successful retailers of the future must adopt which type of buying experience that is both seamless and integrates multiple types of media? A. Social shopping retailing B. Direct-to-consumer retailing C. Omni-channel retailing D. Discount retailing E. Off-price retailing
Social shopping retailing
Which of the following does NOT represent one of the major trends and developments in retailing? A. Retail convergence B. A surge in green retailing C. The rise of megaretailers D. Growing importance of retail technology E. Social e-tailing
Social e-tailing
______________ entails managing upstream and downstream value-added flows of materials, final goods, and related information among suppliers, the company, resellers, and final consumers. A. Distribution networks management B. Wholesaling C. Business distribution management D. Reseller networks E. Supply chain management
Supply chain management
Which of the following statements is true regarding salespeople? A.Salespeople do not play a role in solving customer problems. B.Salespeople are not well educated. C.The best salespeople are the ones who work closely with customers for mutual gain. D.Salespeople must be fast talkers. E.Most salespeople lack common sense and social skills.
The best salespeople are the ones who work closely with customers for mutual gain.
Which of the following indicates the length of a channel? A. The number of retailers in the channel B. The number of wholesalers in the channel C. The number of intermediary levels in the channel D. The number of final consumers in the channel E. The number of producers in the channel
The number of intermediary levels in the channel
In place of traditional media, marketers are using __________________________ to engage smaller customer segments with more personalized, interactive content. A. a broad selection of more specialized and highly targeted media B. increased amounts of public relations, trade shows, special events, and social media Your answer is not correct. C. more integrated social media D. less social media and more traditional but targeted media E. narrow but highly targeted media
a broad selection of more specialized and highly targeted media
Progressive wholesalers recognize that their only reason for existing is to ____________________. A. finance retailing transactions B. automate distribution C. add value . D. bear the risk of sales and distribution E. provide selling support
add value
Sherwin-Williams sells its paint and other branded products exclusively through company-owned retail stores. Sherwin-Williams has established a(n) _________. A. administered VMS B. corporate VMS C. conventional distribution channel D. contractual VMS E. vertical marketing system
corporate VMS
After segmenting and defining their target markets, retailers must then ____________________. A. decide on pricing by product line and assortment B. decide how they will differentiate and position themselves . C. decide on the store atmosphere and shopping experience D. decide on the product assortment and volume they will stock E. decide on the level of service they will provide
decide how they will differentiate and position themselves
What is the first decision made in sales force management? A.Training salespeople. B.Designing sales force strategy and structure. C.Compensating salespeople. D.Recruiting and selecting salespeople. E.Evaluating salespeople.
designing sales force strategy
The benefits of direct and digital marketing for buyers are that they are _________. A. easy, convenient, and private B. easy, convenient, and impersonal C. convenient, private, and hard to use D. easy, convenient, and public E. easy, private, and expensive
easy, convenient, and private
Companies today see channel members as ______________ and practice strong partner relationship management. A. B2B selling B. trade promotions C. discount pricing D. first-line partners E. consumer advertising
first-line partners
The goal of a push strategy is to _____________________________. A. induce channel members to carry and promote the product . B. give channel members additional media incentives to carry the product C. increase sales calls to distributors D. build trade demand E. save money by only focusing on consumers
induce channel members to carry and promote the product
In complex selling situations, personal selling can be more effective than advertising because it is ______________. A.only used for face to face customer interactions B.designed to reach large groups of consumers C.less engaging than advertising D.nonpersonal E.interpersonal
interpersonal
The massive shift in how and where people buy calls for __________________________. A. massive spending increases in advertising and sales promotion B. massive shifts in how store retailers operate C. massive spending in social media for brick-and-mortar retailers D. massive shifts in pricing strategies E. massive shifts to online-only environments for brick-and-mortar retailers
massive shifts in how store retailers operate
It's time for the Super Bowl, and the end-of-the-aisle displays at the supermarket feature chips, dips, and soft drinks. What type of sales promotion tool is this? A.Sponsorship B.Point-of-purchase C.Allowance D.Sample E.Premium
point of purchase
One of the primary advantages of marketing logistics is __________________. A. cost savings in inventory management B. potentially high cost savings and improved customer satisfaction . C. maximizing inbound, outbound, and reverse logistics D. improved customer satisfaction and faster time to market E. being the solution for maximizing costs and customer satisfaction
potentially high cost savings and improved customer satisfaction
Hotels and motels, banks, airlines, restaurants, colleges, hospitals, movie theaters, tennis clubs, bowling alleys, repair services, hair salons, and dry cleaners are all examples of ________. A. non-retailers B. service retailers C. franchises D. specialty stores E. wholesalers
service retailers
Focusing the entire marketing process toward turning shoppers into buyers as they approach the point of sale is known as ______________________. A. showrooming B. internal marketing C. warehousing D. shopper marketing . E. retailing
shopper marketing
What is the fastest growing sales trend today? A.Outside sales B.Eliminating expense reports C.Telemarketing D.Team selling E.Social selling
social selling
Helping salespeople to "work smart" by doing the right things in the right ways is the goal of which area of sales force management? A.compensation plans B.training programs C.recruitment D.motivation E.supervision
supervision
When setting marketing channel objectives, companies should state the objective in terms of ______. A. the length of the channel B. exclusive distribution arrangements C. expected profitability D. competitors' objectives E. targeted levels of customer service
targeted levels of customer service
Justin, Inc., a U.S.-based watch manufacturer, sells its products in China, Russia, France, and India. To manage sales, Justin appoints a number of sales representatives to each location. Justin has adopted a ________ sales force structure. A.complex B.territorial C.market D.product E.customer
territorial
A(n) _____ consists of producers, wholesalers, and retailers acting as a unified system. A. administered vertical marketing system B. distribution center C. vertical marketing system D. channel level E. conventional distribution channel
vertical marketing system
To set its sales force size, a company can first group accounts into different classes according to size, account status, or other factors related to the amount of effort required to maintain the account. It then determines the number of salespeople needed to call on each class of accounts the desired number of times. This is called the ______ approach. A.inside B.field C.complex D.workforce E.workload
workload
Large retailers like Walmart have enormous channel control due to their size and power. Which type of channel arrangement does this represent? A. Administered VMS B. Corporate VMS C. Manufacturer-sponsored retailer franchise system D. Conventional distribution channel E. Contractual VMS
Administered VMS
________ promotions are used to generate business leads, stimulate purchases, reward customers, and motivate salespeople. A.Sales force B.Business C.Consumer D.Clutter E.Trade
Business
Which form of marketing involves engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships? A. Sales promotion B. Advertising C. Public relations D. Direct and digital marketing E. Personal selling
Direct and digital marketing`
Which of the following are common trade promotion tools? A.Discounts, free goods, allowances and free advertising specialty items B.Rebates, discounts, free goods, and allowances C.Discounts, free goods, allowances and price packs D.Discounts, free goods, coupons and rebates E.Rebates, samples, coupons and price packs
Discounts, free goods, allowances and free advertising specialty items
Press releases, sponsorships, events, and web pages are promotional tools used in _____________. A. personal selling B. advertising C. public relations D. direct and digital marketing E. sales promotion
public relations
Best Buy, Home Depot, Petco, and Bed Bath & Beyond, which are actually giant specialty stores characterized by immense size and deep assortments of merchandise, are sometimes called _______________. A. category killers B. service retailers C. discount stores D. supermarkets E. off-price retailers
category killers
When the company has defined its channel objectives, it should next identify its major channel alternatives in terms of the types of intermediaries, the number of intermediaries, and __________________. A. economic criteria B. consumer needs C. the responsibilities of channel members D. whether to use intensive or exclusive distribution E. the profitability of the channel
the responsibilities of channel members
Which of the following occurs during the presentation step in the personal selling process? A.The salesperson attempts to "razzle dazzle" the buyer. B.The salesperson closes the deal. C.The salesperson meets the buyer for the first time. D.The salesperson tells the buyer a value story. E.The salesperson handles objections.
the salesperson tells the buyer a value story
Which of the following statements about sales promotions is correct? A.The use of sales promotions has declined in recent years. B.The growing use of sales promotion has resulted in promotion clutter. C.Sales promotions offer long-term incentives to buy a product. D.Sales promotions are only offered to consumers. E.Companies that use sales promotions usually do not use any other promotional mix tools.
The growing use of sales promotion has resulted in promotion clutter.
Which of the following statements about public relations is correct? A. The lines between advertising and public relations are becoming more blurred. B. Public relations cannot be used to engage consumers. C. Public relations is only used to promote products. D. The impact of public relations on public awareness comes at a much higher cost than advertising. E. Trade associations do not use public relations.
The lines between advertising and public relations are becoming more blurred.
After recruiting and selecting salespeople, what is the next major step in sales force management? A.Designing sales force strategy and structure B.Compensating salespeople C.Training salespeople D.Supervising salespeople E.Evaluating salespeople
Training salespeople
The goal of logistics is to provide a targeted level of service at the least or lowest possible cost. To achieve this goal, which of the following are logistical functional areas? A. Warehousing, inventory management, transportation, and logistics information management B. Retailing, inventory management, transportation, and logistics information management C. Warehousing, inventory management, retailing, and logistics information management D. Warehousing, inventory management, transportation, and retailing E. Inventory management, transportation, shipping, and warehousing
Warehousing, inventory management, transportation, and logistics information management
Which of the following statements about wholesaling is true? A. Wholesalers do not make positioning decisions. B. Wholesalers do not need to define a target market. C. Wholesalers must make decisions regarding their marketing mix. . D. Wholesalers do not need to differentiate themselves. E. Wholesalers do not need to segment their markets.
Wholesalers must make decisions regarding their marketing mix.
What is the overall goal when retailers choose their product assortment? A. Offer as many products as they can fit on the shelves B. Offer products that will appeal to as many segments as possible C. Differentiate the retailer while matching target shoppers' expectations D. Only choose products that will maximize profits E. Offer the same products as their competitors
Differentiate the retailer while matching target shoppers' expectations
______________________ uses tools that engage directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships. A. Public relations B. Direct and digital marketing C. Personal selling D. Sales promotion . E. Advertising
Direct and digital marketing
___________ software systems enable companies to coordinate their whole-channel marketing efforts. A. Customer relationship management B. Partner relationship management C. Channel management D. Logistics E. Distribution
Partner relationship management
__________ advertising is the type of advertising objective used when attempting to build brand preference and prompting customers to purchase now. A. Comparative B. Reminder C. Attack D. Informative E. Persuasive
Persuasive
What potential risk do marketers incur by using richer but more fragmented media and promotional mixes? A. Greater efficiency but less control over marketing messaging B. Mixed communications messaging and higher costs C. Better targeting but at a higher cost per consumer D. The inability to use mass and traditional media E. A communications hodgepodge for consumers
A communications hodgepodge for consumers
_____________________ is an example of horizontal channel conflict. A. A retailer complaining about a producer's pricing B. A consumer complaining to a producer about the quality of a product C. A retailer complaining about receiving damaged goods from a wholesaler D. A consumer complaining to a retailer about the service he received E. A Subaru dealer complaining that another Subaru dealer is advertising in its territory
A Subaru dealer complaining that another Subaru dealer is advertising in its territory
_______ direct(s) its marketing activities (primarily advertising, consumer promotion, and direct and digital media) toward final consumers to induce them to buy the product. A. A push strategy B. Personal selling C. A pull strategy D. Product communications E. Integrated communications
A pull strategy
In which of the following does a producer direct marketing activities (primarily personal selling and trade promotion) toward channel members? A. A pull strategy B. A personal selling strategy C. A push strategy D. Product communications E. Integrated communications
A push strategy
Which of the following represents the four major classifications of retail organizations? A. Discount stores, service retailers, superstores, and supermarkets B. Corporate chains, voluntary chains, retailer cooperatives, and wholesalers C. Corporate chains, wholesalers, superstores, and franchise organizations D. Corporate chains, voluntary chains, retailer cooperatives, and franchise organizations E. Corporate chains, voluntary chains, wholesalers, and franchise organizations
Corporate chains, voluntary chains, retailer cooperatives, and franchise organizations
What are the two major elements in developing advertising strategy? A. Creating advertising messages and selecting advertising agencies B. Determining the target audience and selecting advertising media C. Creating advertising messages and selecting advertising media D. Creating advertising messages and setting the advertising budget E. Determining the advertising budget and determining ROI
Creating advertising messages and selecting advertising media
Working with donors or members of nonprofit organizations to gain financial or volunteer support represents which public relations function? A. Lobbying B. Investor relations C. Public affairs D. Press relations E. Development
Development
Advertising decisions involve multiple steps culminating in the measurement of the sales effects of advertising or brand content. Which of the following considers return on investment? A. Impact B. Engagement goals C. Evaluation D. Defining reach E. Frequency
Evaluation
Which of the following are objectives of trade promotions? A.Urging short-term customer buying and gaining customer loyalty B.Generating business leads, stimulating purchases, rewarding customers, and motivating salespeople C.Boosting consumer brand involvement and short-term buying D.Getting retailers to carry new items and more inventory, buy ahead, or promote the company's products and give them more shelf space E.Getting more sales force support for current or new products and getting salespeople to sign up new accounts
Getting retailers to carry new items and more inventory, buy ahead, or promote the company's products and give them more shelf space
Which of the following recognizes that improved logistics mandates teamwork across the company and the entire supply chain? A. Electronic data exchange B. Just-in-time logistics management C. Integrated supply chain management D. Logistics information management E. Reverse logistics management
Integrated supply chain management
Producers of a strong brand sometimes sell it to dealers only if the dealers will take some or all of the rest of its line. This is known as full-line forcing. Which of the following statements is true regarding full-line forcing? A. It is only legal in New York, California, and Texas. B. It is always legal. C. It is always illegal. D. It may or may not be legal. . E. It is only illegal in Europe.
It may or may not be legal.
Macy's, Kohl's, and JCPenney practice a retailing pricing strategy called "high-low pricing." Which of the following correctly describes high-low pricing? A. The retailer does not have to run sales on selected items. B. Retailers do not have to use promotions. C. Retailers charge an everyday low price with no special promotions. D. The retailer charges higher prices on an everyday basis, coupled with frequent sales and other price promotions. E. Some products are priced high, others are priced low, and still others are priced at bargain-basement levels.
The retailer charges higher prices on an everyday basis, coupled with frequent sales and other price promotions.
Which of the following is TRUE regarding omni-channel buyers? A. They prefer the online environment. B. They purchase online but tend to purchase more in-store. C. They shift easily across online and in-store channels. D. They do not shift easily across online and in-store channels. E. They always shop in-store channels, then order online.
They shift easily across online and in-store channels.
Which of the following statements about coordinating marketing and sales is correct? A.Coordination between marketing and sales is not necessary because companies today see them as the same function. B.Coordinating marketing and sales can be improved by increasing communication between the two groups. C.The sales force only needs to coordinate its efforts with marketing planners. D.Coordinating marketing and sales has little effect on customer relations. E.Marketing and sales do not require coordination.
Coordinating marketing and sales can be improved by increasing communication between the two groups.
Companies such as Breitling watches and Pandora charm bracelets use which of the following types of distribution strategy? A. Intensive B. Franchise C. Selective D. Exclusive E. Direct
Exclusive
The Great Recession of 2008-2009 had a profound effect on the economy and consumers. Of the following, which represents one of the major consumer trends resulting from the Great Recession? A. It turned brick-and-mortar retailers into Internet-only retailers. B. It forced consumers to become omni-channel shoppers. C. It created a trend away from consumer spending on well-known brands. D. It restricted retail expansion domestically and internationally. E. It turned free-spending consumers into value-seeking ones.
It turned free-spending consumers into value-seeking ones.
A discount store (for example, Target, Kohl's, or Walmart) sells standard merchandise at lower prices. To do this, discount stores accept which of the following two conditions? A. Lower margins and higher sales volume B. Higher sales volume and inefficient operations C. Lower margins and lower sales volume D. Operating at a loss and higher sales volume E. Higher margins and lower sales volume
Lower margins and higher sales volume
Which of the following statements about retailer marketing decisions is correct? A. Retailers do not have to segment and target their markets. B. Retailers do not differentiate themselves on their service mix. C. Stores do not need to differentiate and position themselves. D. Most retailers seek either high markups on higher volume or low markups on lower volume. E. Retailers identify three critical factors for retail success: location, location, and location.
Retailers identify three critical factors for retail success: location, location, and location.
What does the phrase "omni-channel buying calls for omni-channel retailing" imply for retailers? A. Retailers should integrate all available supply-chain channels into their distribution systems. B. Retailers should plan and budget for expansion of brick-and-mortar shopping experiences. C. Retailers should make certain they focus on social and digital media as their main advertising vehicles. D. Retailers should integrate all available shopping channels and devices into a seamless customer shopping experience. E. Retailers should attempt to attract omni-channel buyers to brick-and-mortar settings through experiential retailing.
Retailers should integrate all available shopping channels and devices into a seamless customer shopping experience
Which of the following statements is correct regarding sellers and their use of direct and digital marketing? A. Sellers have opportunities to engage in real-time marketing. B. For sellers, direct and digital marketing are very inefficient. C. Sellers using direct and digital marketing cannot ask questions and solicit feedback from customers. D. For sellers, using direct and digital marketing is expensive. E. For sellers, direct and digital marketing are inflexible.
Sellers have opportunities to engage in real-time marketing.
The goal of integrated marketing communications is to __________________________________. A. deliver clear, consistent, and compelling messages about the organization and its brands B. maximize return on investment with increased revenue across all brands C. lower overall marketing expenditures while delivering increased results D. have different media carry different messages about a brand in an integrated way E. integrate communications via online and mobile technologies at a lower cost per impression
deliver clear, consistent, and compelling messages about the organization and its brands
Catalogs, online and social media, and mobile marketing are some of the specific promotional tools used in _________________________. A. sales presentations B. sales promotion C. direct and digital marketing D. public relations E. personal selling
direct and digital marketing
After the presentation and demonstration step in the sales process, a salesperson should next be prepared to _______. A.handle objections B.prospect the customer C.approach qualified customers D.immediately close the sale E.follow up with the customer
handle objections
Marketing logistics addresses not only outbound logistics but also inbound logistics and reverse logistics, which means it ____________________________. A. it is the centerpiece for quicker times to market and enhanced cost reductions B. involves the entire supply chain management C. focuses on just-in-time inventory management D. enables producers, manufacturers, and distribution to maximize cost savings E. is the solution for managing costs and customer satisfaction
involves the entire supply chain management
Most companies today want their salespeople to _______, which means demonstrating and delivering superior customer value and capturing a return on that value that is fair for both the customer and the company. A.close sales B.use a transaction-oriented sales approach C.capture short-term business D.cut prices to make the sale E.practice value selling
practice value setting
One consumer promotion tool is _______, which are goods offered free or at a low cost as an incentive to buy a product. A.point-of-purchase promotions B.advertising specialties C.rebates D.premiums E. coupons
premiums
Which of the following statements about personal selling is correct? A.Many customers are unable to distinguish the salesperson from the company. B.Personal selling is the nonpersonal arm of the promotional mix. C.Salespeople represent the company to customers, but they do not represent customers to the company. D.Personal selling is a fairly new profession. E.The role of personal selling is very consistent from company to company.
Many customers are unable to distinguish the salesperson from the company.
The reduced costs of using channel intermediaries offsets the inefficiencies of marketing channels. B. Using channel intermediaries increases the number of contacts with customers. C. Marketing channel members are able to transform the assortments of products made by producers into the assortments wanted by consumers. . D. Marketing channel decisions only require a short-term commitment. E. Using marketing channels allows producers to retain control over how and to whom they sell their products.
Marketing channel members are able to transform the assortments of products made by producers into the assortments wanted by consumers.
Which of the following accurately describes a company's efforts to engage customers, persuasively communicate customer value, and build customer relationships? A. Marketing mix B. Advertising and public relations mix C. Personal and direct selling mix D. Direct and digital marketing mix E. Promotion mix
Marketing mix
Which of the following statements is TRUE about public relations and a company's overall integrated marketing communications efforts? A. PR should be planned first, then advertising second. B. PR is now the more dominant media than other forms. C. PR should have a separate budget from marketing communications. D. PR should be blended smoothly with promotion activities. E. PR has no value within a social media context.
PR should be blended smoothly with promotion activities.
Marketers now have a richer mix of media and content approaches with consumers being bombarded by many brand messages. The result is that _________________________. A. consumers may believe similar brands are all the same. B. companies fail to integrate brand messages and positioning. C. companies fail to integrate their various communication channels. D. companies do not target successfully or efficiently. E. consumers don't distinguish between content sources the way marketers do.
consumers don't distinguish between content sources the way marketers do.
By performing the channel function of ________, wholesalers' sales forces help manufacturers reach many small customers at a low cost. A. selling and promoting B. financing C. bulk-breaking D. buying and assortment building E. risk bearing
selling and promoting
Which of the following makes up the retail marketing mix? A. Product and services assortment, price, promotion, and retail targeting B. Product and services assortment, price, promotion and store differentiation C. Product and services assortment, price, promotion, and retail segmentation D. Product and services assortment, price, promotion, and location . E. Product and services assortment, prices, promotion, and store positioning
Product and services assortment, price, promotion, and location
___is used to build and maintain national or local community relationships and is one of the functions of public relations. A. Lobbying B. Investor relations C. Development D. Public affairs E. Press relations
Public affairs
Which consumer promotion tool is like coupons except that the price reduction occurs after the purchase rather than at the retail outlet? A.Samples B.Digital coupons C.Premiums D.Rebates E.Contests
Rebates
Which of the following retail trends is making differentiation more difficult? A. Retail global expansion B. The demise of brick-and-mortar retail C. Retail convergence D. Value-seeking consumers E. Omni-channel retailing
Retail convergence
Which of the following accurately represents the three characteristics of advertising appeals? A. To be meaningful, to be believable, and to generate revenue B. To be meaningful, to be believable, and to be memorable C. To be meaningful, to be distinctive, and to use persuasive claims D. To be meaningful, to be believable, and to be distinctive E. To be believable, to be distinctive, and to be ethical
To be meaningful, to be believable, and to be distinctive
What is the goal of advertising? A. To help move consumers through the buying process B. To create interest and consumer hype C. To create consumer communities D. To define a product's value E. To provide feedback on products and services
To help move consumers through the buying process
Of the following, which most closely describes the method by which companies engage and create benefits for their customers? A. Marketing channel B. Customer relationship management C. Channel level D. Value delivery network E. Supply chain
Value delivery network
What are the four elements of a compensation plan for salespeople? A.A fixed amount, a variable amount, stock ownership, and fringe benefits B.A fixed amount, a variable amount, salary and commission C.A fixed amount, a variable amount, expenses, and commission D.A fixed amount, a variable amount, expenses, and fringe benefits E.A fixed amount, a variable amount, expenses and salary
A fixed amount, a variable amount, expenses, and fringe benefits
Which of the following statements about blogs is correct? A. Blogs are a company-controlled medium. B. For consumers, they are impersonal. C. Companies cannot gain insights from their blogs. D. They are expensive to start and maintain. E. Blogs can be difficult for the company to control.
Blogs can be difficult for the company to control.
A form of television marketing which persuasively describes a product and give customers a toll-free number or an online site for ordering is known as _________________. A. catalog marketing B. kiosk marketing C. telemarketing D. interactive television marketing E. DRTV marketing
DRTV marketing
_ involves sending an offer, announcement, reminder, or other item to a person at a particular address. A. Direct-response television marketing B. Catalog marketing C. Direct-mail marketing D. Kiosk marketing . E. Telemarketing
Direct-mail marketing
___________ is perhaps the biggest advantage of social media. A. the low cost B. The potential to grow an audience base C. Engagement and social sharing capabilities . D. User-controlled content E. Return on investment
Engagement and social sharing capabilities
____ is perhaps the toughest public policy issue now confronting the direct marketing industry. A. Irritation B. Invasion of privacy C. Deceptive pricing D. Junk mail E. Deceptive advertising
Invasion of privacy
Which of the following is a form of traditional direct marketing? A. Mobile marketing B. Kiosk marketing C. Blogs D. Social media marketing E. Websites
Kiosk marketing
Many vital and key functions are performed by marketing channels. Of the following, which is NOT one of those key functions? A. Manufacturing and assembly B. Physical distribution C. Fulfillment of completed transactions D. Completion of transactions E. Distribution of persuasive communications
Manufacturing and assembly
Which of the following is correct regarding the forms of direct and digital marketing? A. New digital and the more traditional forms of direct marketing must be blended and integrated B. Online marketing is the only form of direct and digital marketing. C. Marketers today only use direct and digital marketing. D. Traditional direct marketing tools are still used but are no longer important. E. Direct and digital marketing does not include mobile marketing.
New digital and the more traditional forms of direct marketing must be blended and integrated
Which of the following represent the newer tools of digital direct marketing? A. Telemarketing, face-to-face selling, and kiosk marketing B. Direct-response TV marketing, telemarketing, and direct-mail marketing C. Online marketing, social media marketing, and mobile marketing D. Telemarketing, direct-mail marketing, and catalog marketing E. Kiosk marketing, telemarketing, and direct-response TV marketing
Online marketing, social media marketing, and mobile marketing
Which of the following is described as "always on" and is a large component of the digital advertising mix? A. Through fund-raising B. Search advertising C. Online videos . D. Email marketing E. Branded web communities
Search advertising
What event or circumstance has made mobile marketing a must for most brands? A. Unlimited consumer data plans B. The decline of traditional marketing forms C. Widespread adoption of mobile devices D. Widespread use of mobile devices by preteens E. Heavy use of mobile devices in international markets
Widespread adoption of mobile devices
Geico's website is designed to quickly turn an inquiry into a sale. Geico has designed a(n) ______ website. A. phishing B. marketing C. search engine D. e-mail E. branded community
marketing
The primary purpose of _________ websites is to do more than just sell products or move them closer to a direct purchase. A. informational B. marketing C. social marketing D. interactive websites E. brand community
brand community
Companies like Amazon and Expedia.com that sell products and services directly to final buyers over the Internet are known as _______. A. content sites B. transaction sites C. e-tailers D. search-engine portals E. online social media
e-tailers
Social media are ideal for participating in customer conversations and listening to customer feedback because they are _____________. A. cost-effective B. targeted and personal C. engaging D. immediate and timely E. interactive
interactive
Many consumers today rent DVDs from a vending machine called Redbox, which can be found in retail stores and other locations. Redbox is type of ________ marketing. A. DRTV B. interactive TV C. infomercial D. kiosk E. website
kiosk
GE Healthcare employs different sales forces for diagnostic imaging, life sciences, and integrated IT products and services. GE Healthcare has adopted a(n) ______ sales force structure. A.market B.product C.territorial D.complex E.customer
product
One challenge of social media marketing is _____________________ A. social media does not lend itself to targeting B. the fact that it is not cost-effective C. social media is not cost-effective D. social networks are largely user-controlled E. the fact that social marketing has not spread globally
social networks are largely user-controlled
The seven-step selling process takes a(n) __________ approach to selling. In other words, its aim is to help salespeople close a specific sale with a customer. A.transaction-oriented B.value-oriented C.customer-oriented D.relationship-oriented E.profit-oriented
transaction oriented
The digital version of word-of-mouth marketing that involves creating videos, ads, and other marketing content that is so infectious that customers will seek them out or pass them along to their friends is called _______. A. online marketing B. viral marketing C. omni-channel marketing D. e-mail marketing E. search engine marketing
viral marketing