Exam 11: Developing and Managing Goods and Services
Exam 1: Customer-Driven Strategic Marketing187 Questions
Exam 2: Planning, Implementing, and Evaluating Marketing Strategies162 Questions
Exam 3: The Marketing Environment, Social Responsibility, and Ethics220 Questions
Exam 4: Marketing Research and Information Systems183 Questions
Exam 5: Target Market Segmentation and Evaluation211 Questions
Exam 6: Consumer Buying Behavior229 Questions
Exam 7: Business Markets and Buying Behavior189 Questions
Exam 8: Reaching Global Markets162 Questions
Exam 9: Digital Marketing and Social Networking137 Questions
Exam 10: Product, Branding, and Packaging Concepts358 Questions
Exam 11: Developing and Managing Goods and Services265 Questions
Exam 12: Pricing Concepts and Management259 Questions
Exam 13: Marketing Channels and Supply-Chain Management283 Questions
Exam 14: Retailing, Direct Marketing, and Wholesaling261 Questions
Exam 15: Integrated Marketing Communications239 Questions
Exam 16: Advertising and Public Relations205 Questions
Exam 17: Personal Selling and Sales Promotion221 Questions
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Which of the following is the best example of a high-contact service?
(Multiple Choice)
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Intangible cues are used to provide customers with some assurance of service quality.
(True/False)
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Production and consumption of services must simultaneously occur due to the ____ characteristic of services.
(Multiple Choice)
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Top managers at Cincinnati Microwave believe that they have a successful working prototype of their new radar detector and plan to go directly to regional commercialization of the new product. In this instance, they are contemplating skipping the ____ phase of the new-product development process.
(Multiple Choice)
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Green Care manufactures lawn mowers and other lawn care products. Their latest lawn mower comes with blades that incorporate new technology that allows them to last five times longer than typical blades. The lawn mower also includes a comfort grip that is easier to hold and an updated style available in a variety of colors. Green Care is most likely differentiating itself through _____ with its blades and through _____ with its handle and styling.
(Multiple Choice)
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You are in the new product development process for a new consumer electronics product. So far, everything has been very positive, and you are starting to believe this product might be a blockbuster. As you prepare for the next stage of the process, you are concerned that your competition might try to "jam" your new product by increasing promotional activities for their own products. More importantly, you are concerned that these competitors might try to copy your product as you move into this next stage. Which of the following stages of the new-product development process are you about to enter?
(Multiple Choice)
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A ____ is responsible for a product, product line, or several distinct products in an interrelated group within an organization.
(Multiple Choice)
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Changes that affect a product's versatility, effectiveness, convenience, or safety are called ____ modifications.
(Multiple Choice)
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PepsiCo has a new flavor of soft drink that it wants to test to determine reactions of probable buyers. Which of the following test-market characteristics would be least useful to PepsiCo when testing the new soft drink?
(Multiple Choice)
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Product deletion can best be described as the process of deleting a product from the product mix when it
(Multiple Choice)
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Client-based relationships are least likely to be developed by
(Multiple Choice)
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Sadie runs a local ice cream stand and is developing a new type of ice cream sundae. She just sent a press release to the local newspaper and updated her website with information about the new sundae. Based on this information, Sadie is most likely in the _____ stage of the new-product development cycle.
(Multiple Choice)
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What are the three primary ways that marketers deliver services?
(Multiple Choice)
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When a theater entices customers to see movies during the daytime by offering tickets at a reduced price, it is trying to solve the services marketing problem of
(Multiple Choice)
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In an attempt to attract customers, service marketers often promise great results and satisfaction to customers, but marketers should be careful not to
(Multiple Choice)
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Positioning to avoid competition may be best when the product's performance characteristics do not differ significantly from competing brands.
(True/False)
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Luhan is a product manager for a major electronics company. His current project is the development and introduction of a new smartphone. Since there are a number of smartphones currently out on the market, Luhan is concerned about product failure. Currently, Luhan and his team are in the screening phase of the new product development process. Has his team already passed the phase that is best able to measure the product failure concern?
(Multiple Choice)
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A group of managers has been assigned the task of developing a new product. They are now in the process of assessing several ideas to determine whether they are consistent with the firm's overall objectives and resources. The managers are at what stage of the new-product development process?
(Multiple Choice)
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Jenner is a product manager at Kenmore. He learned that one of his competitors, Bosch, was engaging in a product test of a new dishwasher. He decided to lower prices on his Kenmore dishwashers in Bosch's test market area in order to _____ the test program.
(Multiple Choice)
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