Exam 3: The Marketplace and Customers: Analysing the Environment

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Marketers must increasingly consider the needs of traditional households because this segment of the population is growing more rapidly than non-traditional households.

(True/False)
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People very in their beliefs about the origin of the universe and their place in it.

(True/False)
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Organisations that buy goods and services in order to resell them at a profit are part of the ________ market.

(Short Answer)
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Population diversity goes well beyond ________ heritage.

(Short Answer)
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Significant trends in the natural environment include shortages of raw materials,increased pollution and decreased government intervention.

(True/False)
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The demographic environment is of major interest to marketers because it involves people,and people make up markets.

(True/False)
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The groups that include an organisation's paid employees,volunteers and managers are part of the ________ public.

(Short Answer)
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Baby boomers are the wealthiest generation in Australian history.What per cent of the total annual advertising expenditure targets these older Australians?

(Multiple Choice)
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Core beliefs and values are passed on from parents to children and are reinforced by schools,churches,business and government.In contrast,________ and values are more open to change.

(Multiple Choice)
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Engel's laws stipulate that as family income rises,the percentage spent on food ________,the percentage spent on housing remains constant and both the percentage spent on other categories and that devoted to savings increases.

(Short Answer)
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Marketers can take a(n)________ by taking aggressive action to affect the publics and forces in their marketing environments.

(Multiple Choice)
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A company that experiences negative word of mouth on blogs or social networking sites should ignore rumours,as answering any complaints will only make them seem more legitimate.

(True/False)
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The microenvironment consist of the forces close to the organisation that affect its ability to serve its customers-the organisation,marketing channel firms,customer markets,________ and publics.

(Short Answer)
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Today's marketers should view their intermediaries as channels through which they sell their products rather than as full-fledged partners.

(True/False)
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The ________ consists of the forces close to the organisation that affect its ability to serve its customers - the organisation,marketing channel firms,customer markets,competitors and publics.

(Short Answer)
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Which of the following is NOT an example of a public that is part of a company's marketing environment?

(Multiple Choice)
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You have been directed to study the actors that are larger societal forces that affect your company - demographic,economic,natural,technological,political,and cultural.Which environment are you studying?

(Multiple Choice)
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The rise of a café culture,especially in inner city and CBD precincts,has resulted in a new breed of consumer.Some cafés have reported that consumers are turning to the café as a quasi-office.For the price of a coffee or a small meal,consumers are using the café as a place to meet clients,hold meetings,work on their laptops,recharge their communications devices,read reports,prepare documents and generally carry out office-related duties.In this context,consumers are exhibiting which type of orientation?

(Multiple Choice)
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Organisations that buy goods and services for further processing or for use in their production process are part of the ________ market.

(Short Answer)
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Which of the following statements best describes a tiered market?

(Multiple Choice)
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