Exam 11: Product and Promotion: Creating and Communicating Value
Exam 1: Business Now: Change Is the Only Constant154 Questions
Exam 2: Business Ethics and Social Responsibility: Doing Well by Doing Good168 Questions
Exam 3: Economics: The Framework for Business170 Questions
Exam 4: The World Market-Place: Business Without Borders181 Questions
Exam 5: Business Formation: Choosing the Form That Fits145 Questions
Exam 6: Small Business and Entrepreneurship: Economic Rocket Fuel157 Questions
Exam 7: Accounting: Decision Making by the Numbers188 Questions
Exam 8: Finance: Acquiring and Using Funds to Maximize Value154 Questions
Exam 9: Financial Markets: Allocating Financial Resources166 Questions
Exam 10: Marketing: Building Profitable Customer Connections183 Questions
Exam 11: Product and Promotion: Creating and Communicating Value335 Questions
Exam 12: Distribution and Pricing: Right Product, Right Person, Right Place, Right Price175 Questions
Exam 13: Management, Motivation, and Leadership: Bringing Business to Life213 Questions
Exam 14: Human Resource Management: Building a Top-Quality Workforce140 Questions
Exam 15: Managing Information and Technology: Finding New Ways to Learn and Link163 Questions
Exam 16: Operations Management: Putting It All Together167 Questions
Exam 17: Business Communication: Creating and Delivering Messages That Matter175 Questions
Exam 18: Labour Unions and Collective Bargaining46 Questions
Exam 19: Business Law60 Questions
Exam 20: Personal Finance67 Questions
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Each media type offers advantages and challenges for marketers as they try reaching consumer markets.
(True/False)
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Theresa is doing her weekly shopping when she takes a free sample of coffee being offered to shoppers. She likes the new coffee blend and places a 500-gram bag in her grocery cart. Which product trait makes it easier for customers to sample and adopt?
(Multiple Choice)
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Three characteristics that contribute to a high diffusion rate for a new product are observability, trialability, and compatibility.
(True/False)
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Although e-book readers have been around for several years, Amazon recently introduced the Kindle, a new reader that features several significant improvements over older readers, including wireless connectivity based on cell phone technology. This technology allows Kindle owners to download the books they buy in less than two minutes from any location without the need to connect to a computer or the Internet. The Kindle is an example of continuous innovation.
(True/False)
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Manufacturers seldom place much emphasis on packaging, because this aspect of the product has little relevance to the customer's decision-making process.
(True/False)
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Product differentiation attempts to create real or perceived differences in the minds of the consumer.
(True/False)
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When Pillsbury reached an agreement with M&M's to include the candy in one of its ready-to-bake cookie dough products, the two companies were using a strategy known as co-branding.
(True/False)
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Broadcast television is the most expensive media to use in reaching consumers.
(True/False)
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Team selling tends to be especially effective for large, complex accounts.
(True/False)
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Which of the following are gifts of merchandise to consumers that advertise a brand-named product?
(Multiple Choice)
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What do we call the nonpersonal, paid communication a company places to influence consumer purchases?
(Multiple Choice)
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Which of the following are typically based on either a rational or an emotional premise to brand a product in the consumer's mind?
(Multiple Choice)
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For most consumers, cell phones, digital cameras, and dishwashers would be shopping goods.
(True/False)
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Network television and personal computers are both in the maturity stage of their product life cycles in Canada.
(True/False)
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Marketers using a push strategy focus on promotional techniques that create demand from final consumers.
(True/False)
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The rapid pace of technological change has created a need and an opportunity for marketers to increase their use of technology more in an effort to reach a broader range of consumers with the right product at the right time with the right message.
(True/False)
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