Exam 16: Using Effective Promotions
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment327 Questions
Exam 2: Understanding Economics and How It Affects Business314 Questions
Exam 3: Doing Business in Global Markets358 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior269 Questions
Exam 5: How to Form a Business347 Questions
Exam 6: Entrepreneurship and Starting a Small Business316 Questions
Exam 7: Management and Leadership285 Questions
Exam 8: Structuring Organizations for Todays Challenges369 Questions
Exam 9: Production and Operations Management326 Questions
Exam 10: Motivating Employees374 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees437 Questions
Exam 12: Dealing With Union and Employeemanagement Issues302 Questions
Exam 13: Marketing: Helping Buyers Buy252 Questions
Exam 14: Developing and Pricing Goods and Services357 Questions
Exam 15: Distributing Products315 Questions
Exam 16: Using Effective Promotions267 Questions
Exam 17: Understanding Accounting and Financial Information366 Questions
Exam 18: Financial Management300 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities410 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve312 Questions
Exam 21: Managing the Marketing Mix: Product, Price, Place and Promotion516 Questions
Exam 22: Extension: Working Within the Legal Environment245 Questions
Exam 23: Extension: Using Technology to Manage Information189 Questions
Exam 24: Extension: Managing Risk129 Questions
Exam 25: Extension: Managing Personal Finances259 Questions
Select questions type
Push strategies target consumers with sales promotion and heavy discounting that are designed to create a strong demand for the product.
(True/False)
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Personal selling in the B2B market represents a relatively inexpensive method of promoting a firm's products.
(True/False)
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(35)
A pull strategy utilizes consumer demand for a product to motivate retailers and wholesalers to actively market the product.
(True/False)
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A __________ allows B2B buyers to see products online 24 hours a day, 365 days a year without having to leave their office.
(Multiple Choice)
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As a salesperson for an electrical contractor, Greg is included as part of the target audience for sales promotions from his own company.
(True/False)
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Even though advances in mobile media present some interesting opportunities, marketers expect that traditional promotions such as TV advertising will dominate promotional efforts over the long term.
(True/False)
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________ combines all the promotional tools employed by a firm into one comprehensive and unified promotional strategy.
(Multiple Choice)
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PR firms find that their services can be enhanced and improved by listening to the public in different forums including the Internet.
(True/False)
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Mini-Case
The Xer-Wise Corporation manufactures and markets high quality home exercise equipment. The firm has just developed a new piece of equipment that top executives believe will be a big seller if promoted correctly. The new product uses a system of adjustable weights that can be arranged in various ways to allow the user to perform exercises that tone all major muscle groups. Additionally, unlike other strength building machines, this equipment also incorporates a recumbent bicycle to provide a complete cardio workout. The entire piece of equipment is easy to assemble, and when not in use it can be folded into a compact unit that is easy to store. A group of fitness experts have tested the equipment and have provided rave reviews. Company executives believe that this product, called the MuscleMaster, will appeal to busy young adults living in relatively small apartments. Melody Fitt and Tom Trym have been assigned the responsibility of developing a promotion mix for this product. The team of Fitt and Trym is convinced that they can develop a successful promotion mix for this outstanding product.
-Tom and Melody are considering the extensive use of ads in fitness magazines and a direct mail campaign targeted at people who have bought other products made by Xer-Wise. Since these messages are geared directly to customers, it is clear that Tom and Melody want to implement a _________ strategy.
(Multiple Choice)
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After receiving poor service from her car insurance company, Wendy made her complaints public by placing them online. This is a form of:
(Multiple Choice)
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Anything that encourages people to talk favorably about an organization may be effective word-of-mouth promotion.
(True/False)
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Online advertising allows advertisers to see how many people have clicked on an advertisement and how much of it the potential customer has read or watched.
(True/False)
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(35)
The Maryland Department of Travel and Tourism promotes tourism in the state by sending travel agents and bus tour companies information about the state's many attractions. The hope is that by stimulating interest in tour and travel agents, they will in turn encourage their customers to visit Maryland. This example represents a ________ promotional strategy.
(Multiple Choice)
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The number one advertising medium in terms of total dollar expenditures is newspapers.
(True/False)
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Bob is a salesperson for a firm that markets products in a B2B market. His wife, Sally, is a salesperson for a retail store selling top-quality electronics goods. While Bob is likely to be successful using follow-up after the sale, Sally should avoid this approach.
(True/False)
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After adopting integrated marketing communication, Madison Furniture puts less emphasis on public relations, sales promotion, and personal selling, and concentrates on advertising designed to provide a uniform message to all markets.
(True/False)
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As one of the tools included in a firm's promotion mix, public relations is intended to earn public understanding and acceptance.
(True/False)
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_________ refers to any paid, nonpersonal communication through various media by organizations and individuals who are in some way identified in the message.
(Multiple Choice)
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