Exam 11: Marketing: Building Profitable Customer Connections
Exam 1: Business Now: Change Is the Only Constant97 Questions
Exam 2: Economics: the Framework for Business98 Questions
Exam 3: The World Marketplace: Business Without Borders100 Questions
Exam 4: Business Ethics and Social Responsibility: Doing Well by Doing Good92 Questions
Exam 5: Business Communication: Creating and Delivering Messages That Matter92 Questions
Exam 6: Business Formation: Choosing the Form That Fits89 Questions
Exam 7: Small Business and Entrepreneurship: Economic Rocket Fuel91 Questions
Exam 8: Accounting: Decision Making by the Numbers90 Questions
Exam 9: Finance: Acquiring and Using Funds to Maximize Value110 Questions
Exam 10: Financial Markets: Allocating Financial Resources92 Questions
Exam 11: Marketing: Building Profitable Customer Connections100 Questions
Exam 12: Product and Promotion: Creating and Communicating Value100 Questions
Exam 13: Distribution and Pricing: Right Product Right Person Right Place Right Price91 Questions
Exam 14: Management Motivation and Leadership: Bringing Business to Life95 Questions
Exam 15: Human Resource Management: Building a Top-Quality Workforce89 Questions
Exam 16: Managing Information and Technology: Finding New Ways to Learn and Link91 Questions
Exam 17: Operations Management: Putting It All Together92 Questions
Exam 18: Appendix: Personal Finance92 Questions
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Rhonynn, an apparel shop, has a play area for kids in the store to keep them occupied while their parents shop. Kids of Rhonynn's loyalty cardholders are also given a toy or two to take home with them. Which of the following marketing strategies does this scenario best illustrate?
(Multiple Choice)
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(37)
Devoinser is a home products company that sells plastic household supplies. In their print and television advertisements, they emphasize this line: "We use only recycled plastic to make our products. Recycle, reuse, and reinvent!" Which of the following marketing strategies does this scenario best illustrate?
(Multiple Choice)
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(45)
Altacey, a multinational company that sells consumer durables, divides its target markets on the basis of the density of population in the areas it operates in. It employs more salesmen and spends more money on promotions in cities with high population densities. In the context of consumer market segmentation, which of the following types of market segmentation does Altacey most likely follow?
(Multiple Choice)
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__________is the description of how people act when they are buying, using, and discarding goods and services for their own personal consumption.
(Multiple Choice)
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The coastal town of Olaspen offers various exotic water sports and hiking expeditions to its tourists. The town government of Olaspen advertises its adventure tourism in travel magazines, newspapers, and on the television in neighboring countries. Which of the following marketing strategies does this scenario best illustrate?
(Multiple Choice)
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(39)
Parchova is a multinational company that manufactures and sells stationery products. Customers who buy five or more products at a time from its retail outlets are given a notepad and a pen for free. In the context of customer relationship management, Parchova most likely establishes _____ with its customers.
(Multiple Choice)
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Marketers who cannot forge a close personal bond with every customer but actively gather data and pursue a connection with customers who initiate contact have a _____ with the customers.
(Multiple Choice)
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Baylaine is a company that sells affordable, low-end cell phones. Baylaine's customers can register product or service complaints with the company through emails; the company's customer support team replies to customer queries and complaints within five hours of the receipt of an email. In the context of customer relationship management, Baylaine most likely establishes _____ with its customers.
(Multiple Choice)
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(34)
Consumer marketers direct their efforts to customers who are buying products to use either directly or indirectly to produce other products.
(True/False)
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Neone is an energy drink manufacturer. The marketing strategies of Neone are focused on males who are in the age group of 16 to 25 years and who enjoy sports and other outdoor activities. The company advertises its products at skateboard parks, basketball venues, and ski resorts. The customer group that Neone focuses on is called its _____.
(Multiple Choice)
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(40)
Escribo Marketing holds annual blood donation camps and conducts other similar charitable events in educational institutions. Escribo Marketing is using people marketing.
(True/False)
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(32)
As part of its corporate social responsibility activities, Weslimkur, a tire manufacturer, sponsored 1,000 bikes for the city of Clankofton. On every bike, the company's name is engraved along with these words: "Ride to work; help save earth from global warming." Which of the following marketing strategies does this scenario best illustrate?
(Multiple Choice)
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(28)
Which of the following can be achieved by marketers by acquiring customer loyalty?
(Multiple Choice)
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(38)
Understanding the _____ begins with analysis of market share.
(Multiple Choice)
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(35)
Amforted is a company that provides various multinational corporations with housekeeping staff on contract basis. Each relationship manager is allotted one client to work with until the contract period is over. In the context of customer relationship management, Amforted most likely establishes _____ with its customers.
(Multiple Choice)
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(37)
Flectamp, a new cell phone manufacturer, introduced a smart phone model, Linkul X3.4, which gets charged on solar power Television advertisements about this product show that the phone needs to be charged only once a week. Hence, several customers pre-booked this model before its launch. But after the launch of Linkul X3.4, 80 percent of its customer reviews on the Internet were bad. In the context of customer satisfaction, which of the following traps did Flectamp most likely fall into?
(Multiple Choice)
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(36)
Cognitive dissonance is the payoff for delivering value and generating satisfaction.
(True/False)
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(39)
Developing specific programs to help customers validate their purchase choices is one way marketers attempt to increase cognitive dissonance.
(True/False)
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(29)
Jim works in the marketing department of a smartphone manufacturing firm. He is currently working on ideas for a new package design for the company's latest range of smartphones. In the context of the company's marketing mix, Jim's ideas contribute to the _____.
(Multiple Choice)
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(46)
Which of the following is a difference between demographic segmentation and geographic segmentation?
(Multiple Choice)
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