BUSML 3520 Final
With the growth in digital direct marketing in recent years, several problems can affect consumers. Which of the following is not something consumers worry about when it comes to using the Internet? a) ample amounts of information b) identity theft c) identity fraud d) online and digital security e) access to vulnerable groups
a) ample amounts of information
What tool do many firms use to supervise the sales staff that shows which customers and prospects to call on and which activities to carry out? a) call plan b) time-and-duty analysis c) call reports d) sales report e) sales force automation systems
a) call plan
The PR Department in a firm performs many functions. Which one of the following is allocated to personnel in marketing other than the public relations staff? a) distribution of samples of the product b) lobbying c) development d) press relations or function as a press agency e) investor relations
a) distribution of samples of the product
What is the final step in the process of developing the advertising program? a) evaluating the communication b) determining the ad budget c) setting the advertising objectives d) making media choices e) developing the message
a) evaluating the communication
Which marketplace "attack" strategy does Apple use with the Mac, the iPod, iTunes, the iPhone, and the iPad? a) finding uncontested spaces b) good vs. bad competitors c) mature markets d) close vs. distant competitors e) strong vs. weak competitors
a) finding uncontested spaces
Mobile marketing as a tool in the market mix has doubled in use in the past few years. Which of the following characteristics is a disadvantage of mobile marketing as part of the media tool choice? a) it is very unobtrusive b) it makes the shopping experience richer c) it is immediate d) consumers get information when they are in a position to make a buying choice e) its rich-media mobile ads can create substantial engagement and impact
a) it is very unobtrusive
Early direct marketers, such as catalog companies, direct mailers, and telemarketers, gathered customer names and sold goods mainly by which methods? a) mail and telephone b) mail and radio c) mail and television d) mail and newspapers e) mail and door-to-door inquiries
a) mail and telephone
The sales staff that travels to customers to call on them is ___ salespeople, whereas those who conduct business from their offices via telephone and email are ___ salespeople. a) outside; inside b) outside; online c) inside; outside d) technical-support people; inside e) outside; sales assistants
a) outside; inside
There are several sequential decisions a marketer needs to make in developing an advertising program. What is the first step in this process? Which of the following is not a step correctly identified according to its position in the sequence? a) step 2 - determining what the advertising objectives are b) step 1 - determining which communication model to use c) step 3 - determining what the messages are d) step 3 - identifying what the media choices are e) step 2 - determining what the advertising budget is
a) step 2 - determining what the advertising objectives are
To improve the communication process and ensure the message is fully communicated, what is advised in the relationship of the sender and the receiver? a) there should be experience overlap between the sender and receiver b) mass media shouldn't be used c) all noise must be eliminated d) the feedback should precede the message e) the sender and receiver must be from the same socio-economic class
a) there should be experience overlap between the sender and receiver
Gathering competitive intelligence can cost much money and time, so the company must design a cost-effective competitive intelligence system. Consequently, there are several critical steps to the process. What is the final step? a) transmission of relevant information to decision makers b) identification of competitive information needed and the best information sources c) validation and reliability measures of the information d) attacking the competitor's market directly e) collection of information from both the field and published data
a) transmission of relevant information to decision makers
In the 1980s, Hertz had over 35% of the car rental market at the airport. Avis, which undertook a campaign of "We're number one, but we try harder," directly attacking Hertz was not very much bigger than National, Alamo, and Budget, all of which were about 10dash-15% of the total airport market. Enterprise at that time had a small share, less than 10% but did not compete in the airport/traveler market. Which player is not correctly identified in its role? a) Avis - challenger b) Budget - challenger c) National - follower d) Enterprise - niche player e) Hertz - market leader
b) Budget - challenger
Budweiser ran an ad during the Super Bowl in January 2012, following 9-11, in which the team of Clydesdales hauled the Budweiser dray, stood in front of the Hudson River across from the Twin Towers where the World Trade Center had stood, and the entire team bowed in respect. This ad style builds ___ around the product or service, such as beauty, love, intrigue, serenity, or pride. a) personality b) a mood or image c) technical expertise d) scientific expertise e) fantasy
b) a mood or image
For most companies, the first step in conducting online marketing is to create what? a) online videos b) a web site c) email marketing d) blogs e) online advertising
b) a web site
The music industry, which controlled the production of all records, tapes, and CDs, was caught off-guard by Apple when it began to sell iTunes at 99 cents a song. Today, Apple has the market share in music sales and the music industry suffered from what? a) competitive disadvantage b) competitor myopia c) competitor fraud d) competitive intelligence e) strategic grouping
b) competitor myopia
What are marketers called who no longer simply just develop and place TV ads or print ads but instead create, inspire, and share brand messages and conversations with and among customers across a fluid mix of paid, owned, earned, and shared communication channels? a) public relations managers b) content marketing managers c) digital marketing managers d) sales managers e) advertising agents
b) content marketing managers
Coca-Cola has developed a video ad campaign that encompasses several different viewing platforms including TV, digital, mobile, and social media. What is this approach that combines and integrates multiple media options? a) a multi-media ad b) digital video ad convergence c) digital ad fragmentation d) an integrated marketing communication e) content marketing
b) digital video ad convergence
In recent years, what are the fastest-growing forms of marketing? a) segmented and digital marketing b) direct and digital marketing c) multichannel and digital marketing d) targeted and digital marketing e) mass and digital marketing
b) direct and digital marketing
McDonald's has been running the "I'm Lovin' it" ad campaign for several years. What part of the communication model is described as the process of putting thought into symbolic meaning and words, "I'm Lovin' it?" a) response b) encoding c) decoding d) feedback e) noise
b) encoding
In preparing its competitor analysis, which one of the following factors would Seagram's Whiskey ignore? a) all distilled liquors such as tequila, gin, and rum b) food and beverages in all restaurants and bars c) other types of scotches and bourbons, and whiskeys made from a different ingredient d) beer, wine, and distilled alcohol e) Jim Beam and Crown Royal whiskeys
b) food and beverages in all restaurants and bars
The two primary forms of DRTV, direct-response TV. One form airs television spots, often 60 or 120 seconds in length, which persuasively describe a product and give customers a toll-free number or an online site for ordering. What is the other option in DRTV? a) kiosk marketing b) infomercials c) outbound telemarketing d) junk mailing e) inbound telemarketing
b) infomercials
In recent years, there are a host of new digital direct marketing tools. Which of the following is a long-established form of direct marketing? a) online ads and promotions b) kiosk marketing c) web sites d) mobile marketing e) email
b) kiosk marketing
Firms such as Walmart, IKEA, and Zara are at the top of their respective markets in large part because they successfully follow a value discipline of ___. a) middle-of-the-roaders b) operational excellence c) product leadership d) customer intimacy e) focus
b) operational excellence
A company that sells turbine engines, which are custom-designed for each location, individually built and installed, and cost in excess of several million dollars. Which type of sales force structure is recommended for the firm? a) territorial sales force structure b) product sales force structure c) profitability level sales force structure d) market share sales force structure e) customer sales force structure
b) product sales force structure
When the Milk Processor Education Program (MilkPEP), known for its successful "Got Milk?" campaign in previous years, created a campaign to promote the health benefits and boost consumption of chocolate milk through schools and other communities, what promotional tool did MilkPEP use? a) product placement b) public relations c) advertising d) trade promotion e) consumer promotion
b) public relations
Which promotional tool is the least used of the major tools but has the ability to create a very favorable company image and build consumer awareness and preference at a low cost? a) feedback b) public relations c) consumer promotions d) advertising e) trade promotions
b) public relations
Often inside sales staff supports the outside salespeople. What is the role called that provides research and administrative backup for outside salespeople? a) online sellers b) sales assistants c) market researchers d) technical sales-support people e) inside salespeople
b) sales assistants
What is the form of online advertising that is the largest portion of all marketing expenditures? a) rich media b) search-related ads c) branded community web sites d) online video ads e) online display ads
b) search-related ads
A firm that employs territorial sales force structure can be described by many characteristics. Which task from the following list can the marketer ignore when developing a sales force territory structure? a) travel expenses are relatively limited b) the salesperson sells the company's entire line of products or services c) a territorial sales force structure decreases the salesperson's desire to build local customer relationships d) each salesperson has well-defined accountability e) salespersons are assigned to an exclusive territory
c) a territorial sales force structure decreases the salesperson's desire to build local customer relationships
According to Gallup research, there are four key talents the best salespeople possess. The sales manager is most likely to avoid hiring a candidate who lacks which of the following traits? a) a disciplined work style b) ability to work well alone c) ability to build relationships with customers d) the ability to close a sale e) intrinsic motivation
c) ability to build relationships with customers
To compete successfully and build enduring, profitable customer relationships, the firm must deliver more value and satisfaction to target customers than competitors do. What is this edge in the market called? a) competitor analysis b) competitive marketing strategies c) competitive advantage d) market analysis e) industry analysis
c) competitive advantage
Although there is no prescribed sequence through which a firm's marketing strategy and its practice evolves, what is the most common sequence? a) intrepreneurial marketing, formulated marketing, and entrepreneurial marketing b) entrepreneurial marketing, intrepreneurial marketing, and formulated marketing c) entrepreneurial marketing, formulated marketing, and intrepreneurial marketing d) intrepreneurial marketing, entrepreneurial marketing, and formulated marketing e) formulated marketing, intrepreneurial marketing, and entrepreneurial marketing
c) entrepreneurial marketing, formulated marketing, and intrepreneurial marketing
General Electric sees its competition in refrigerators, ovens, and dishwashers as Amana, KitchenAid, and Whirlpool. How is GE assessing the competition? a) from a geographic or location point of view b) from a product class point of view c) from an industry point of view d) from a price point of view e) from a market point of view
c) from an industry point of view
What is the difference between consumer impressions and consumer expressions? a) impressions are the actual number of people who were exposed to the ad, and expressions are the frequency with which the individual viewed the ad b) impressions are the number of comments made by people about the ad, and expressions are the frequency with which the individual is exposed to the ad c) impressions are the actual number of people who were exposed to the ad, and expressions are the number of comments generated by consumers d) impressions are the number of times an individual was exposed to the ad, and expressions are the number of comments generated by consumers e) impressions are the actual number of people who were exposed to the ad, and expressions are the number of people reached by the ad
c) impressions are the actual number of people who were exposed to the ad, and expressions are the number of comments generated by consumers
What is currently considered to be the "hottest" element of the market mix given the rapidity with which it changes? a) product's design, shape, and color of its package b) pricing c) integrated marketing communications (IMC) d) channel structure e) public relations (PR)
c) integrated marketing communications (IMC)
Which of the following are legitimate characteristics of advertising appeals? a) entertaining, believable, and distinctive b) meaningful, entertaining, and branded c) meaningful, believable, and distinctive d) meaningful, believable, and branded e) meaningful, believable, and entertaining
c) meaningful, believable, and distinctive
Which method is not one of the four common methods used to set the total budget for advertising? a) percentage-of-sales method b) objective-and-task method c) multi-channel method d) competitive-parity method e) affordable method
c) multi-channel method
There are several categories of digital direct marketing. Which type of marketing includes the use of Web sites, online advertising and promotions, e-mail marketing, online video, and blogs? a) direct marketing b) social media marketing c) online marketing d) mobile marketing e) multichannel marketing
c) online marketing
The firm needs to assess each competitor's objectives. Which of the following objectives is unlikely to be a competitor's goal? a) current profitability b) market share growth c) past sales d) technological and service leadership e) cash flow
c) past sales
Managing the sales force involves four key tasks. Which of the following elements can the marketing manager ignore as part of sales force management? a) controlling b) analyzing the market c) promoting sales activities d) planning e) implementing
c) promoting sales activities
What is the first step in the selling process? a) preapproach b) follow-up c) prospecting d) presentation e) handling objections
c) prospecting
In many selling situations, the firm is not simply seeking a sale. Rather, it wants to engage the customer over the long haul not in short-term transactional selling. The firm seeks to develop what? a) prospect b) closing c) relationship d) call plan e) presentation
c) relationship
The Progressive Insurance Ad campaign knows that the average person in the target market is exposed to the message 13 times in 3 months. What does this measure? a) reach b) audience c) engagement d) frequency e) media impact
d) frequency
Some customers develop a close relationship with a salesperson. This close relationship may also lead to strong relationships with the company, its products, the firm, and the customer. What is this concept called? a) territorial sales force structure b) product sales force structure c) salesperson-owned loyalty d) sales force management e) customer sales force structure
c) salesperson-owned loyalty
In the communication process, what are the two parties who are involved in the process? a) encoding and decoding b) noise and feedback c) sender and receiver d) message and media e) response and feedback
c) sender and receiver
How should a marketing manager begin the process of auditing the communication process? a) assess the budget allocation b) identify the TV viewing the consumer does c) understand the level of noise in the communication channel d) analyze all of the touch points e) determine what magazines and newspapers the consumer reads
d) analyze all of the touch points
The movie Castaways was written to have the main character work for FedEx and end up on an island in a FedEx plane crash. His only "companion" was a volleyball made by Wilson sporting goods. Wilson became the survivor's sole companion and included getting a face drawn on him. What category does this tactic exemplify? a) message strategy b) shoppertainment c) advertainment d) branded entertainment e) creative concept
d) branded entertainment
Which aspect of the market should a company focus on so that it is not too heavily oriented in one direction and not paying attention to the entire market? a) companies should be competitor-centered b) companies should be customer-centered c) companies should be quality-centered and price-centered d) companies should be market-centered e) companies should be geographically centered
d) companies should be market-centered
McDonald's, which has 38% of the fast-food market share, sets its monthly promotional budget in the United States at $22M. Wendy's has 15% of the fast-food market share and allocates $19M to its promotional budget. What method is Wendy's using to determine the budget? a) affordable method b) pull method c) percentage-of-sales method d) competitive-parity method e) objective-and-task method
d) competitive-parity method
In a strategic group, there are elements of delivering customer value that the competitor needs to identify fully. Which element is outside the range of competitive assessment, but that the firm might want know about the competition? a) advertising, sales promotion, and online and social media programs b) competitors' product quality, features, and mix c) pricing policy d) employee recruiting and training practices e) research and development (R&D)
d) employee recruiting and training practices
Which of the following is considered a traditional form of direct marketing? a) website marketing b) online catalog marketing c) social media marketing d) face-to-face selling e) mobile marketing
d) face-to-face selling
According to Porter, there are essentially three successful competitive strategies a firm can pursue in the marketplace. The firm is advised to follow a very clear strategy of either overall cost leadership, differentiation, or ___. a) product leadership strategy b) middle-of-the-roader strategy c) customer intimacy strategy d) focus strategy e) operational excellence strategy
d) focus strategy
To deliver a clear and compelling message, each tool of the promotional mix must be fully coordinated with what concept? a) advertising b) public relations (PR) c) sales promotion d) integrated marketing communications (IMC) e) direct and digital marketing
d) integrated marketing communications (IMC)
There are several different objectives that an advertisement might be designed to accomplish in reaching a specified target within a distinct period of time. Which one of the following is an element of consumer behavior and is not directly related to advertising objectives? a) persuade b) compare c) inform d) motivate e) remind
d) motivate
Of the five tools that comprise the IMC, which is more directed to the channels and less towards the final consumer? a) sales promotion b) advertising c) direct and digital marketing d) personal selling e) public relations (PR)
d) personal selling
Sales assistants are employees in the firm who provide support for the outside sales force, freeing them to spend more time selling to major accounts and finding new prospects. Which of the following tasks does a sales assistant typically allocate to the technical sales-support staff? a) provide research and administrative backup b) answer customers' questions c) follow up on deliveries d) provide technical information and answers to customers' questions e) track down sales leads
d) provide technical information and answers to customers' questions
Order takers might simply answer the phone and enter customers' orders. In contrast, order getters in the selling process have a much more complicated job, which involves creative selling, social selling, and ___. a) making nonpersonal communications with customers b) developing the appropriate advertising for the target c) profits taking d) relationship building e) pulling products through the channels of distribution
d) relationship building
Of the five tools that comprise the IMC, which is typically designed to achieve short-term goals? a) public relations b) direct and digital marketing c) advertising d) sales promotions e) personal selling
d) sales promotions
Sales promotion tools are used by most organizations, including manufacturers, distributors, retailers, and not-for-profit institutions. Which of the following entities is typically outside the realm of the sales promotion targets? a) business customers b) members of the sales force c) final buyers d) suppliers e) retailers and wholesalers
d) suppliers
Although advertising is used mostly by business firms, a wide range of not-for-profit organizations, professionals, and social agencies also use advertising to promote their causes to various target publics. The forty-ninth largest advertising spender is what organization? a) Philip Morris Tobacco b) the UPS c) Coca-Cola Corporation d) the U.S. government e) Procter and Gamble
d) the U.S. government
In the dynamic arena of IMC decisions, the marketing manager must respond to many recent changes in the marketplace. Which of the following is currently an issue with which marketers must deal? a) the existence of more unified markets b) a fairly static set of digital market conditions c) the existence of more focused markets d) the existence of more fragmented markets e) more confused consumers
d) the existence of more fragmented markets
Like traditional word-of-mouth communication, social media marketing can present some challenges. In what ways is it similar to the problems a marketer has in managing word-of-mouth communication? a) it can drive customers to the physical facility b) it is very expensive to use c) it can be used to create brand community d) the marketer does not have great control over it e) it requires very little effort on the marketer's part
d) the marketer does not have great control over it
The key to a successful Web site is to create enough ___ in order to get consumers to come to the site, stick around, and come back again. a) action and movement b) discount prices c) sales promotion d) value and engagement e) variety of product
d) value and engagement
As part of the competitive analysis process, a firm might compare itself against other firms, comparing the company's products and processes to those of competitors or leading firms in other industries to identify best practices and find ways to improve quality and performance. What is this process called? a) performance analysis b) SWOT analysis c) competitive intelligence d) market differentiation e) benchmarking
e) benchmarking
Ford Mustang hosts a site with a lot of information, videos, blogs, and games about the Mustang, but customers cannot buy anything directly on the site. What is this online Mustang site called? a) rich media b) blog c) online video ad d) online display ad e) branded community website
e) branded community website
Marketers use several public relations tools. Which one of the following tools is used in the realm of marketing and not PR? a) public service activities b) corporate identity materials c) special events d) written materials e) contests and sweepstakes
e) contests and sweepstakes
A print ad for a new BMW model says, "More powerful than Big Bertha," has a picture of the car, and has two brief paragraphs describing the car's power sources. What are the two paragraphs called? a) illustration b) tone c) format d) headline e) copy
e) copy
Bloomingdales' sends monthly mailers and brochures announcing new fashions as well as sales to its credit card holders. What form of direct marketing is the firm using? a) catalog marketing b) direct-response television (DRTV) marketing c) telemarketing d) kiosk marketing e) direct-mail marketing
e) direct-mail marketing
As Amazon has expanded from selling books to an extensive range of products, including food, and it has created the Kindle and Fire to deliver electronic books to readers, it now sees its competition from which point of view? a) from a product class point of view b) from an industry point of view c) from a product class point of view d) from a benefit point of view e) from a market point of view
e) from a market point of view
Although advertising, particularly TV advertising, is very expensive, there are distinct advantages to using it as a promotional tool. Why does the IMC manager use TV advertising? a) it makes the brands seem more available to buyers b) the message communicated is directed c) the message is presented consistently for 30 days for one fee d) it has a small but well-targeted reach at a low cost per exposure e) it has a large reach at a low cost per exposure
e) it has a large reach at a low cost per exposure
Some industry experts predict that the traditional mass-media communication model will become obsolete for all of the following reason but one. Which of the following is driving IMC decisions away from the mass-communication model? a) growing mass-media audiences b) less ad clutter c) less control of message exposure by viewers d) lower prices in mass-media costs e) mass-media cost increases
e) mass-media cost increases
Firms, such as Staples, Walmart, and Macy's, are increasing their share of online sales as a percentage of total sales. In which type of marketing are these firms engaging? a) social media marketing b) direct marketing c) trade marketing d) internet marketing e) multichannel marketing
e) multichannel marketing
What is the fastest-growing trend in sales? a) use of sales staff supervision b) commission-only sales compensation c) sellers have increased control over consumers d) consumers buying in bricks and mortar stores e) social selling
e) social selling
There are many reasons that firms spend the money and efforts to participate in trade shows. Which of the following is distinctly a disadvantage of being an exhibitor in trade shows? a) to educate customers with publications b) to provide opportunities to contact customers c) to introduce new products d) to provide opportunities to find new sales leads e) to economize on costs
e) to economize on costs