Strategic Marketing REVIEW

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Pillsbury's Slice and Bake cookie dough targets working moms between the ages of 28 and 42 who are busy and pressed for time. It places ads for the cookie dough in Working Mother magazine. This is an example of which factor affecting consumer buying behavior?

Personal

Be-Tween offers specialty clothing, gifts, and accessories to girls between ages 10 and 16. Which style of communication between company and customer would be MOST beneficial?

Personal selling

A hospital surveyed a random sample of recent patients in order to determine satisfaction levels about the care they received. What step in the marketing research process should it take NEXT?

Analyze the data

Allstate Insurance recently used an open-ended questionnaire to survey customer's opinions about its product offerings. What step in the marketing research process should it take NEXT?

Analyze the data

Apple Computers used telephone interviews of recent business purchasing managers to conduct research about its customer service policies. What step in the marketing research process should it take NEXT?

Analyze the data

LL Bean conducted telephone interviews with customers that live in the northeastern U.S. about a new winter outerwear product. What step in the marketing research process should it take NEXT?

Analyze the data

The Charlotte Bobcats recently surveyed season ticket holders about the food selections at the arena. What step in the marketing research process should it take NEXT?

Analyze the data

Anna owns a medical supply company. One of her major clients overpaid its bill, and Anna decided to notify it and refund the money. This is an example of which form of social responsibility?

Ethical

Chick-fil-A gives one randomly selected person a chance to make a field goal kick and win $1,000,000. This is an example of which type of consumer sales promotion?

Contest or sweepstakes

Publisher's Clearinghouse offers customers a chance to become a millionaire if the customer provides personal information and agrees to receive promotional ads. This is an example of which type of consumer sales promotion?

Contest or sweepstakes

Cobalt Toothpaste has an arrangement with a production facility in Switzerland to manufacture, package, and distribute the Cobalt brand. This is an example of which entry strategy option for the global marketplace?

Contract manufacturing

Due to low sales volume, Wendy's eliminated its Frescata Sandwich selection from its menu. This is an example of which type of product adjustment?

Contraction

Sony stopped manufacturing its Walkman brand cassette tape players due to obsolescence. This is an example of which type of product adjustment?

Contraction

Bill bought milk and flour at the grocery store. These items are an example of which type of consumer product?

Convenience

Han Dee Hugo carries soft drinks, water, candy, and automotive fuel. It can be classified as which major type of retail operations?

Convenience store

Susan overcharges three of her clients on a regular basis. She does this intentionally to make more profits for the company. This is an example of which form of social responsibility?

Ethical

Amy is in the market to purchase a new washer and dryer. She is investigating brands, makes and models that conserve energy and save money. What is the NEXT step in the buying decision process for Amy to take?

Evaluate alternatives

Sharon surveys her sales clerks about the effect of a price increase on a certain product. This is an example of which characteristic of a marketing decision support system?

Discovery-oriented

CVS focuses its product sales on prescription medicines, greetings cards, and cosmetics. CVS can be classified as which major type of retail operations?

Drugstore

Andrew works for a local, small, start-up business and only earns $12,000 a year. This is BEST classified as which factor that impacts the external marketing environment?

Economic

A designer jean manufacturer charges a much higher price in the U.S. than in Russia. This is an example of which external environmental factor affecting companies?

Economic and technological development

After raising the price of its 32 oz bottle of water by fifteen percent, managers for Vitamin Water noticed sales decreased by twenty percent. This is an example of which factor affecting economic demand and the prices for a product in the marketplace?

Elasticity of demand

A local company recently issued a press release that it would be increasing salaries of its staff by 10%. This is an example of which function of a public relations department?

Employee and investor relations

Dunkin Donuts asked suppliers to send in proposals for a new variety of coffee. What is the NEXT step in the buying decision process for it to take?

Evaluate alternatives

A new doughnut company purchases a doughnut manufacturing machine. As part of the benefits to the company, the supplier installs the machine, trains the new owners and services the machine on a monthly basis. This is an example of which aspect of business buying behavior?

Evaluation criteria

Land Rover will only allow Land Rover dealerships to sell its new SUVs. This is an example of which level of distribution intensity?

Exclusive

Energizer Battery Company traditionally uses its "Energizer Bunny" to help consumers understand the value of the Energizer brand. This is an example of which creative decision made about advertising?

Executing the message through advertising

A medical manufacturing firm sold 250 hospital beds to a new hospital facility in China. This is an example of which entry strategy option for the global marketplace?

Exporting

Ford decided to sell its new brand of hybrid car directly to consumers in France. This is an example of which entry strategy option for the global marketplace?

Exporting

Pepsi introduced Diet Pepsi Max to appeal to the energy drink target market. This is an example of which type of product adjustment?

Extension

Alex plans to purchase a car. He spends much time researching the various brands, makes and models of cars in his price range. This is an example of which category of consumer decision making?

Extensive

JVC Corporation makes and sells televisions, speakers, DVD players, and other electronic devices. JVC is an example of which type of branding?

Family

A local hospital contracts with premiere landscaping service to maintain its lawn and gardens. This is an example of which category of business customers?

Institutions

State Farm Insurance protects a person's house against loss from fire. This is an example of which characteristic of a service?

Intangible

Dunkin Donuts distributes its coffee through its retail stores, grocery stores, and now wholesale clubs. This is an example of which level of distribution intensity?

Intensive

John is a sales associate with Belk's. He is responsible for informing and persuading customers to make a purchase. This is an example of which component of the promotional mix?

Personal selling

Beth likes to have access to the products she wants and share an opinion about products she uses. This can be BEST classified as which factor that impacts the external marketing environment?

Social

Christian Louboutin is famous for expensive designer shoes with a red sole. Many celebrities enjoy wearing his shoes with short dresses to show off the red sole. Ashley decides to buy a pair of these shoes based on this trend. This is an example of which factor affecting consumer buying behavior?

Social

Jane has a large income and spends a good portion on having her nails manicured, having her hair done, and eating out at fine restaurants. She can BEST be classified as which factor that impacts the external marketing environment?

Social

Most restaurants located in Boomtown decided to advertise in local magazines versus more upscale national magazines. These restaurants know how to get the most "bang for their buck" in advertising based on the target market. This is an example of which factor affecting consumer buying behavior?

Social

Polo is in the process of evaluating consumer preferences for a new line of men's cologne. The company is in which step of the new product development process?

Test marketing

Food Lion receives a discount on the costs of Coca-Cola products if it allows them to be placed on the end of an aisle. This is an example of which type of trade/industrial/business sales promotion?

Trade allowances

John recently opened a package shipping store. When he was setting up his business, UPS sent a representative to the store to help him understand how to use the scanners and scales required to ship via UPS. This is an example of which type of trade/industrial/business sales promotion?

Training

When Microsoft Office 2007 first arrived in the market, Microsoft sent representatives to local retailers to help store employees understand all of the features and benefits of the product. This is an example of which type of trade/industrial/business sales promotion?

Training

A major retailer receives all of its products for resale at one central location and uses its own fleet of trucks to deliver those products to regional distribution centers. The products are then delivered to retail outlets via local delivery agents. This is an example of which logistical component of the supply chain?

Transportation

Progress Energy sells electricity to customers. When a customer turns on the lights in the house, the electricity flows from Progress Energy to the house via electrical wires and other technical components. This is an example of which logistical component of the supply chain?

Transportation

Jim determined that his company should use local newspapers to target all of the consumers in a local market. Which important decision about media did he make?

Type

Products that are not necessities but are simply desired by the consumer are:

Wants

Coca-Cola advertised its product on a billboard in Los Angeles. This is an example of which target marketing strategy?

*demographics

After Halloween, retailers greatly reduce the price of candy and costumes. This is an example of which type of pricing adjustment?

Discounts

Planter's purchases promotional space in Southern Living to convey its message to a target market. This is an example of which component of the promotional mix?

Advertising

Lowes Home Improvement sells lumber, plumbing supplies, and lawn equipment. Which style of communication between company and customer would be MOST beneficial?

Advertising and sales promotion

Motion Industries sells bolts, washers, and other industrial parts to hundreds of manufacturers. Which style of communication between company and customer would be MOST beneficial?

Advertising and sales promotion

Godiva Chocolate has an arrangement with Coca-Cola to distribute its Mocha blends of coffee through its connections with local convenience stores. This is an example of which marketing channel structure?

Alternative channel arrangements

Old Navy allows customers to purchase the same product online or in its retail store. This is an example of which marketing channel structure?

Alternative channel arrangements

A local dentist office wants more fashion forward uniforms to wear at work. It decides to order from Old Navy. What is the NEXT step in the buying decision process for it to take?

Analyze post purchase behavior

Vitamin Water purchased a new water purification system to be used in its production facility. What is the LAST step in the buying decision process for it to take?

Analyze post purchase behavior

The owner of Wally's Computers determined the costs of products to be $5000 per month, and sales and operating costs are $1000 per month. In order to cover costs, he/she has determined they will need to sell 12 computers at $500 each ($6000 total sales). This is an example of which cost determinant of price?

Break-even

Joan determined that Bill wants to buy a new car with a five-star crash rating, seating for six, and doors that open automatically. This is an example of which step in the selling process?

Approaching the customer and probing needs

Sam works at Best Buy in the television department. He questions the customer in order to match his/her desires with the features, technical specifications, and warranties of a brand of television the store sells. This is an example of which step in the selling process?

Approaching the customer and probing needs

Caribou Coffee determined that a new coffee drink will align perfectly with the company's existing product line. It has begun to evaluate the costs and profitability for the item. The company is in which step of the new product development process?

Business analysis

Wachovia has policies that guide operational behavior. Employees are expected to conduct business within those guidelines. This is an example of which aspect of business buying behavior?

Business ethics

Motion Industries provides parts and safety equipment from suppliers to local manufacturers. This is an example of which marketing channel structure?

Business or industrial products

Preston Hardware offers industrial customers five percent off their bill if they pay within ten days. This is an example of which type of pricing adjustment?

Discounts

Dunkin' Donuts purchases the same coffee from the same supplier on a regular basis. It has established contract and purchases the coffee in large quantities. This is an example of which aspect of business buying behavior?

Buying situations

Cathy purchased a Dell computer for the first time. As part of the purchase, Dell provided an in-home teacher to help her learn the new features of the computer. This is an example of which public relations tool?

Consumer education

When customers get a prescription filled at Target's pharmacy, the pharmacist will ask the customer if they have any questions and include a flyer with information containing when and how the prescription should be administered. This is an example of which public relations tool?

Consumer education

When customers purchase a Land Rover, they are given the opportunity to learn and test their skills and abilities on the Land Rover Driving Course. This is an example of which public relations tool?

Consumer education

A customer can go online and purchase a computer from Dell and have it shipped to his/her home within a few days. This is an example of which marketing channel structure?

Consumer products

Hal informed his sales staff that the person with the highest sales margin during the month of May will receive two free airline tickets. This is an example of which responsibility or decision of a sales force manager?

Compensation & motivation

Claudia works for IBM. She receives a set income each year for meeting her sales goals. This is an example of which responsibility or decision of a sales force manager?

Compensation and motivation

A local branch of a chain sandwich franchise closed its business. A locally owned sandwich store decided to increase its prices by ten percent. This is an example of which determinant of price?

Competition

Super Pizza reduced prices because a large, chain pizza maker opened a block away. This is an example of which determinant of price?

Competition

Harris Teeter grocery offers triple coupons and rainchecks for sold out items. It is the only store in the area to offer these services. This is an example of which element of a strategic marketing plan?

Competitive advantages

A local coffee shop decided to expand its product offerings to compete with larger chain stores. Which target marketing strategy would BEST serve the local coffee shop?

Concentrated or niche

A new company decided it will market its strongest product on one radio station. This is an example of which target marketing strategy?

Concentrated or niche

A company is targeting consumers living in England for a new game show on TV. It is segmenting the consumer market based on:

Geographics

Lowes is targeting consumers living in the Southwest with a new product offering. It is segmenting the consumer market based on:

Geographics

John is starting a landscaping business. He understands that he does not have many of the tools for the day-to-day operations of the business. What is the NEXT step for John to take in the buying decision process?

Conduct an information search

Kate enjoys using her laptop, but feels it is getting outdated, and she is ready for an upgrade. What is the NEXT step for Kate to take in the buying decision process?

Conduct an information search

The Charlotte Bobcats are dissatisfied with its current scoreboards in the arena. What is NEXT the step in the buying decision process for the Bobcats to take?

Conduct an information search

The person who uses the product is the:

Consumer

A company collects information from open- ended comments during registration of a software product. This is an example of which stage in the Customer Relationship Management cycle?

Capturing customer data based on interactions

A magazine publisher collects information about a customer's opinions and religion when the customer visits the company website and subscribes to a free email newsletter. This is an example of which stage in the Customer Relationship Management cycle?

Capturing customer data based on interactions

Bill has been working with a customer for over 20 minutes and asks, "Which color iPod would you like to purchase?" This is an example of which step in the selling process?

Closing the sale

Ted road-tested a minivan with a customer. He sits with the customer and discusses financing options and the warranty. This is an example of which step in the selling process?

Closing the sale

The popular racing series, NASCAR, is a blend of brands for the benefit of both companies. This is an example of which type of branding?

Co-branded

A local Chick-fil-A owner will interview people referred by frequent customers to determine if a new menu item will succeed. What step in the marketing research process should it take NEXT?

Collect the data

A local restaurant will interview friends and relatives of the staff to determine the satisfaction of a new menu item. What step in the marketing research process should it take NEXT?

Collect the data

Starbucks will use random customer taste tests in a mall to determine if a new product will sell. What step in the marketing research process should it take NEXT?

Collect the data

Coca-Cola recognized a need for more sales staff in the coastal areas of North Carolina during peak summer times. This is an example of which responsibility or decision of a sales force manager?

Determine sales force structure

Paul sells wheelchairs to nursing care facilities. His sales territory is located in southern Florida. This is an example of which responsibility or decision of a sales force manager?

Determine sales force structure

Heating contractors offer customers twenty percent off their bill if they schedule the work to be done during July. This is an example of which type of pricing adjustment?

Discounts

Costco Wholesale frequently offers a flat screen television for sale that requires the customer to purchase the product and mail-in proof-ofpurchase to receive cash back. This is an example of which type of consumer sales promotion?

Coupon and rebate

General Mills frequently teams with local newspapers to deliver advertisements to customers with an offer to take $1.00 off any single box of cereal in the local grocery store. This is an example of which type of consumer sales promotion?

Coupon and rebate

Before entering a new market in Canada, a furniture manufacturer sends its staff to determine the current trends of the target market. This is an example of which external environmental factor affecting companies?

Cultural

General Mills introduced a new breakfast bar targeted to the Hispanic market. Before developing the bar, it test-marketed several flavors to ensure the product's success. This is an example of which external environmental factor affecting companies?

Cultural

In the U.S. it is appropriate to greet others by shaking hands. This is an example of which factor affecting consumer buying behavior?

Cultural

Legend says that Chevrolet struggled to sell the Nova brand in Latin America in the late 1960s due to the translation of the word Nova. This is an example of which external environmental factor affecting companies?

Cultural

A local car dealership is sending out a survey to all recent business purchasers of new cars. The purpose of the survey is to measure satisfaction and perception of the buying experience. This is an example of which aspect of business buying behavior?

Customer service

Subway encourages consumers to "Eat Fresh!" This is an example of which creative decision made about advertising?

Developing and evaluating advertising appeal

Lisa is a sales manager for Pfizer. She has been asked to make a presentation to a local hospital about the products her company offers. This is an example of which step in the selling process?

Developing and proposing solutions

The Charlotte Bobcats are in the process of deciding which soft drink vendor it should use in its arena. The Bobcats asked both Coke and Pepsi to discuss the features, benefits, and equipment options each provides. This is an example of which step in the selling process?

Developing and proposing solutions

Tom was asked by his manager to review a retail customer's account and suggest what products might improve the sales margin. This is an example of which step in the selling process?

Developing and proposing solutions

Apple evaluated the sales and costs of developing a new iPod music player and assigned staff to build a prototype. The company is in which step of the new product development process?

Development

A French fragrance manufacturer planned to build 50 retail stores in the U.S. This is an example of which entry strategy option for the global marketplace?

Direct investing

A U.S.-based automobile manufacturer decided to build a production facility in Mexico and intends to sell them exclusively in that country. This is an example of which entry strategy option for the global marketplace?

Direct investing

A major U.S. manufacturer of handbags built a production facility and ten retail stores in Italy. This is an example of which entry strategy option for the global marketplace?

Direct investing

Bed, Bath, and Beyond decided to build 30 stores in Russia. This is an example of which entry strategy option for the global marketplace?

Direct investing

Harris Teeter is targeting 35- to 40-year-old, male consumers who earn approximately $42,000 each year. It is segmenting the consumer market based on:

Demographics

Sears carries cosmetics, clothing, and lawn and garden tools. Sears can be classified as which major type of retail operations?

Department store

Costco sells groceries, mattresses, and computers. It can be classified as which major type of retail operations?

Discount store

Television manufacturers have slowed the production of analog televisions due to federal regulations about HDTV. This product is in which stage of the product life cycle?

Decline

ExxonMobil announced to its sales staff that it must increase revenues by six percent over the next year. This is an example of which responsibility or decision of a sales force manager?

Define sales goal and processes

Kevin's manager has asked him to boost his sales to industrial manufacturers by ten percent in the next two years. This is an example of which responsibility or decision of a sales force manager?

Define sales goals and processes

The owner of the Biltmore Bakery has determined he/she should raise the price of muffins because the product sells out before noon every day. This is an example of which factor affecting economic demand and the prices for a product in the marketplace?

Demand

When Apple introduced the iPhone, customers waited in line for days for the chance to purchase one of the innovative products regardless of price. This is an example of which factor affecting economic demand and the prices for a product in the marketplace?

Demand

Alan changed jobs three times in the last six years. Each time, he relocated to another state. He can BEST be classified as which factor that impacts the external marketing environment?

Demographic

John is nearing retirement age. He is very active and tries to stay busy in his free time. He is BEST classified as which factor that impacts the external marketing environment?

Demographic

A company is targeting a middle-aged married couple that earns $105,000 each year. It is segmenting the consumer market based on:

Demographics

A company is targeting an older couple earning $82,000 each year with no children. It is segmenting the consumer market based on:

Demographics

A major cellular phone provider decided to introduce a phone with larger buttons, more volume control, and extended battery life to appeal to the 65-plus age market. This is an example of which external environmental factor affecting companies?

Demographics

An exclusive clothing store targets 35 to 60 year-old males with an average annual income of at least $90,000. This is an example of which external environmental factor affecting companies?

Demographics

Dove soap released a new product designed to relieve symptoms of people who suffer from severe skin allergies into the market. This is an example of which external environmental factor affecting companies?

Demographics

Zappos Shoes determined it must implement a money-back guarantee and offer free shipping for product returns. It used marketing research to:

Focus on the importance on retaining customers

Mattel wrote and delivered its findings from online user surveys about its product offerings. What step in the marketing research process should it take NEXT?

Follow up

State Farm Insurance wrote and delivered its findings from the mall intercept research it conducted to gauge the effectiveness of its advertising. What step in the marketing research process should it take NEXT?

Follow up

Turtle Wax wrote and delivered its findings from the telephone interviews it conducted about its no-rinse car wash product. What step in the marketing research process should it take NEXT?

Follow up

Adam called the mall manager to ask if the landscaping job he had performed was satisfactory. This is an example of which step in the selling process?

Following up

Daniel recently sold a new car to Wanda. As usual, he sends a gift basket and a note thanking her for the purchase and reminding her of the maintenance schedule. This is an example of which step in the selling process?

Following up

Dunkin Donuts allows individuals to build and operate a Dunkin Donuts store for a fee. This can be classified as which major type of retail operation?

Franchise

After selling 25 iPods, a salesperson receives an iPod car charger from the manufacturer. This is an example of which type of trade/industrial/business sales promotion?

Free merchandise

Alex is a member of the local chamber of commerce and attends meetings frequently. He spends most of his time talking with others about his company and its products. This is an example of which step in the selling process?

Generating leads

Bill visits businesses in the Guilford County area in hopes of selling products for his company. This is an example of which step in the selling process?

Generating leads

Kevin uses the telephone directory to call potential customers for his company. This is an example of which step in the selling process?

Generating leads

Overstock.com charges customers $2.95 shipping per item, regardless of the destination. This is an example of which pricing tactic?

Geographical pricing

Chick-fil-A decided to expand the distribution of its newest sandwich due to a high rate of sales and profitability. The product is in which stage of the product life cycle?

Growth

Apple Computer trains its sales team to understand and convey to customers the key advantages its products has over other manufacturers' products. This is an example of which step in the selling process?

Handling objectives

John is a sales representative at a local Land Rover dealership. He is aware that the prices for his product are higher than other manufacturers, but is always quick to point out that safety and durability are central to Land Rovers mission. This is an example of which step in the selling process?

Handling objectives

Companies often solicit suggestions for new products from customers. This is an example of which step in the new product development process?

Idea generation

A soft drink company receives suggestions every day about new flavors. The company then evaluates these ideas to see how they align with the company's mission. The company is in which step of the new product development process?

Idea screening

Sprint empowers its customer service representatives to offer discounts to long- established customers in order to solve a problem. This is an example of which stage in the Customer Relationship Management cycle?

Identification of customer relationships

A company examines data collected about customers to determine if there are purchasing habits that it can use to better target a segment of the market. This is an example of which stage in the Customer Relationship Management cycle?

Identification of the best customers for the company

A company wants to know if it should change the product offerings in its least popular line. What step in the marketing research process should it take?

Identify/formulate the problem/opportunity

Managers for a local credit union recently discussed their marketing plan. They questioned if the plan was effective in attracting new customers. What step in the marketing research process should they take?

Identify/formulate the problem/opportunity

"We at Hilton Hotels promise the best night's sleep of any major hotel chain, so you will be fresh in the morning!" This is an example of which creative decision made about advertising?

Identifying the product benefits to customers

Nationwide Insurance Company is the sponsor for the second-tier NASCAR racing series. This is an example of which major type of advertising?

Institutional

Apple Computers is testing a new iPod with frequent travelers at major airports. It is collecting research on battery life, screen size, and portability. It is using marketing research to:

Improve the quality of decision making

PowerAde is developing a new product designed specifically for golfers. It is testing the product in markets across the Southwest and collecting research on taste, nutrient replenishment, and price. It is using marketing research to:

Improve the quality of decision making

Crest is a popular, well-branded product. This is an example of which type of branding?

Individual

Diet Coke is a popular, well-branded product. This is an example of which type of branding?

Individual

Campbell's Soup is advertising a new flavor of soup on television. Its goal is to let as many potential consumers know about the product as possible. This is an example of which goal of promotion?

Inform

Bank of America purchased the naming rights to a local sports event in North Carolina. This is an example of which major type of advertising?

Institutional

Hyundai Motor Company aired an advertisement comparing its company to other major brands. This is an example of which major type of advertising?

Institutional

Ted is a manager at Target. He implements a price change in a product and sees sales increase quickly. This is an example of which characteristic of a marketing decision support system?

Interactive

The Pet Superstore receives dog food from a manufacturer for $10 per bag. The price it charges customers is $20 per bag. This is an example of which cost determinant of price?

Keystones

The package of a popular box of cereal describes calories, fiber content, and carbohydrate intake. This is an example of which part of packaging?

Label

A manufacturer in Canada agreed to pay Major League Baseball six percent of its retail sales in order to use the MLB trademarks baseballs and bats for resale. This is an example of which entry strategy option for the global marketplace?

Licensing and franchising

A manufacturer in Great Britain agreed to pay Disney three percent of its retail sales in order to use the Mickey Mouse trademark on stuffed toys for resale in Europe. This is an example of which entry strategy option for the global marketplace?

Licensing and franchising

Jim typically buys Diet Coke soda. However, friends have started making comments about his boring soda selection. Jim decides to try a new soda but wants to read all of the nutritional facts before making his choice. This is an example of which category of consumer decision making?

Limited

Norma goes to Food Lion to purchase Country Crock margarine, the brand she always purchases. Because the store is out of her preferred brand, she compares brands and selects one based on low cholesterol. This is an example of which factor affecting consumer buying behavior?

Limited

The NC Optometric Society worked with state legislators and other government officials to pass a law requiring all public school students to have an eye exam. This is an example of which function of a public relations department?

Lobbying

Best Buy offers customers the opportunity to receive coupons or cash back on purchases by registering personal information and agreeing to receive promotional ads. This is an example of which type of consumer sales promotion?

Loyalty and frequency programs

Harris Teeter offers customers the opportunity to enroll in its VIC system and accrue points redeemable for a free turkey at Thanksgiving. This is an example of which type of consumer sales promotion?

Loyalty and frequency programs

Hilton Hotels rewards customers for spending 16 nights in a Hilton brand hotel. The customer can chose to receive free hotel nights, airline tickets, or car rentals. This is an example of which type of consumer sales promotion?

Loyalty or frequency program

Billy wants to purchase a new SUV. After looking at all SUVs, he eliminates all that are not hybrids. He begins to compare fuel efficiency, seating, safety, and price. What is the NEXT step in the buying decision process for Billy to take?

Make a purchase decision

Heather normally uses Cover Girl cosmetics, but recently started having problems anytime she wears the make-up. At the drug store, Heather gathers information about other cosmetics companies and compares them to Cover Girl. What is the NEXT step in the buying decision process for Heather to take?

Make a purchase decision

City Convenience Store has a cost of $1.25 per sandwich. The owner adds an additional 60% to cover costs, bringing the total retail price to $2. This is an example of which cost determinant of price?

Mark-up

Foster's Grill is a new restaurant that specializes in made-to-order hamburgers. Before the restaurant opened, it researched other nearby restaurants, its competitors, to ensure it was offering something unique. This is an example of which marketing philosophy orientation?

Market

Starbucks is interested in distributing a new coffee drink in the northeastern U.S. This is an example of which factor affecting channel choice?

Market

The Carolina Panthers want to ensure that season ticket holders are satisfied with the amenities the coliseum offers and to better understand the public's perception of the team. This will help to forecast next season's demand on tickets. This is an example of which marketing philosophy orientation?

Market

The group of potential buyers is a:

Market

McAllisters Deli determined it would like to increase revenues by 13% over the next 18 months. This is example of which element of a strategic marketing plan?

Marketing objectives

Apple decided to introduce and heavily market a new iPod model every year. The product is in which stage of the product life cycle?

Maturity

Every year, thousands of home builders from across the nation travel to Orlando in February to see the latest products and services offered by manufacturers. This is an example of which type of trade/industrial /business sales promotion?

Meetings, conventions, trade shows

General Mills advertises its new breakfast cereal in local Sunday newspapers. This is an example of which component of the communication process?

Message transmission

Coca-Cola decided to change its PowerAde product to improve the taste. This is an example of which type of product adjustment?

Modification

Honda traditionally changes a few items on its Accord brand before the style and design is changed, and the new model is introduced to the market. This is an example of which type of product adjustment?

Modification

Construction companies have to transport building materials by boat to build new hotels in the Bahamas. This is an example of which external environmental factor affecting companies?

Natural resources

Russia is the world's largest importer of cane sugar because it lacks the ability to produce enough internally to meet its consumers' needs. This is an example of which external environmental factor affecting companies?

Natural resources

Pepsi ran a promotion at a local college football stadium and gave away free samples of its latest product. This event attracted several members of the local media. This is an example of which public relations tool?

New-product publicity

Chuck's Sports Memorabilia sells baseball cards, autographed footballs, and NASCAR driver uniforms on the Internet. It can be classified as which type of retail operation?

Nonstore retail

Dippin' Dots Ice Cream uses vending machines in malls, office buildings, and theme parks to sell its product. It can be classified as which type of retail operation?

Nonstore retail

John decided to purchase a bedroom set from Rooms-to-Go online. He visited the website, found the product he desired, and made the purchase using his credit card. This is an example of which logistical component of the supply chain?

Order processing

Which is NOT a good example of a source of competitive intelligence?

Outdated periodicals and former employees

GE began developing and manufacturing a set of inexpensive lights to be used in most homes during the holidays in December. GE is warehousing the product in anticipation of consumer demand in November and December. In this scenario, channel members are affecting the distribution process by:

Overcoming discrepancies

Creative Music is a new online music store. The owners have decided to charge ten-cents less per song than iTunes and Yahoo Music in order to gain market share. This is an example of which type of pricing strategy?

Penetration

Ride Makerz is a unique interactive store where customers can custom build their own remote control toy car or truck. Which style of communication between company and customer would be MOST beneficial?

Personal selling

Food Lion emails a survey asking customers about the prices they are willing to pay for certain products. It targets certain surveys to certain markets. Which advantage of using the Internet to conduct marketing research does this represent?

Personalized questions and data

Home Depot promotes and financially supports Habitat for Humanity, a non-profit homebuilding effort that provides homes for those in need. This is an example of which form of social responsibility?

Philanthropical

A major record label decided to pay FedEx to deliver its cds to retail stores in Australia. This is an example of which global marketing mix element?

Place

Having the product available at the right time and location is which part of the marketing mix?

Place

Proctor & Gamble hired a local shipping firm in India to deliver its retail products to local stores. This is an example of which global marketing mix element?

Place

To help make the European consumer more aware of its product, the NFL is scheduling a regular-season football game in countries in Europe for the next several years. This is an example of which global marketing mix element?

Place

A company determined that a product in its best product line is not meeting sales expectations. What step in the marketing research process should it take NEXT?

Plan the research design and gather primary data

Toyota decided that its advertisements are not reaching the intended target market. What step in the marketing research process should it take NEXT?

Plan the research design and gather primary data

Companies are not allowed to send mass emails to consumers who have not requested its advertisements. This is BEST classified as which factor that impacts the external marketing environment?

Political and legal

Recently, several companies have been required to recall products due to the risk of lead paint. This is BEST classified as which factor that impacts the external marketing environment?

Political and legal

XM and Sirius, two satellite radio providers, decided they would like to merge operations. They notify the proper agencies of this proposal. This can BEST be classified as which factor that impacts the external marketing environment?

Political and legal

Currently, U.S. companies are not allowed to sell products in Cuba due to trade restrictions. This is an example of which external environmental factor affecting companies?