Exam 12: Understanding the Customer
Exam 1: understanding Evolving Economic Systems and Competition145 Questions
Exam 2: the Global Marketplace and Governments’ Roles121 Questions
Exam 3: Social Trends, social Responsibility, and Making Ethical Decisions in Business134 Questions
Exam 4: Using Technology to Manage Information and for Business Success116 Questions
Exam 5: Forms of Business Ownership120 Questions
Exam 6: Entrepreneurship and Small Business112 Questions
Exam 7: Management and Leadership in Today’s Organizations142 Questions
Exam 8: Designing Organizational Structures149 Questions
Exam 9: Motivating Employees114 Questions
Exam 10: Managing Human Resources and Labour Relations133 Questions
Exam 11: Achieving World-class Operations Management136 Questions
Exam 12: Understanding the Customer140 Questions
Exam 13: Creating Marketing Strategies174 Questions
Exam 14: Using Financial Information and Accounting133 Questions
Exam 15: Understanding Money, financial Institutions, and the Securities Markets149 Questions
Exam 16: Managing the Firm’s Finances144 Questions
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In selling telephone service,Rogers tries to gather as much information as possible about the consumer's income,buying habits,service preferences,and occupation.Rogers is using which type of decision-making information?
(Multiple Choice)
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Buying Revlon makeup because actress Halle Berry uses that brand is an example of the use of benefit segmentation.
(True/False)
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Aldi is a no-frills grocery chain.By controlling expenses,Aldi customers can expect to save 30 to 50 percent compared to customers of a full service grocery store.The supermarket chain's emphasis on maintaining its cost competitive advantage means the company's top management is often concentrating on which of the following strategies?
(Multiple Choice)
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Revlon is in financial trouble; its total debt is 150 percent greater than its total assets.To increase sales,the cosmetics manufacturer hired actress Halle Berry to be its spokesperson.The company hopes Berry will act as which of the following influences on consumers?
(Multiple Choice)
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The blend of the marketer's tools is called the four Ps.Which of the following groups represent the four Ps?
(Multiple Choice)
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Why are cost competitive advantages not as long lasting as other kinds of competitive advantage?
(Essay)
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The first step in the consumer decision-making process for buying sandals is the awareness of warm weather and hot feet.
(True/False)
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When compared to the consumer market,the business-to-business market is BEST described by which of the following?
(Multiple Choice)
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Which of the following is BEST described as creating a unique marketing mix for every consumer?
(Multiple Choice)
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In general,when a business is engaged in environmental scanning,which of the following forces does it look at?
(Multiple Choice)
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People with common activities,interests,and opinions are grouped together into a given lifestyle.A company that segments its market according to these different lifestyles is using which type of segmentation?
(Multiple Choice)
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Three forms of business-to-business market segmentation are demographic,geographic,and benefit.
(True/False)
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Which of the following is research that monitors respondents' actions without direct interaction?
(Multiple Choice)
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Beth and Ruth Metzger buy and use Tide detergent,Crest toothpaste,and generic aspirin because that is what their parents did.They also always use a grocery list when shopping at the supermarket and refuse to allow their children to sell fundraising merchandise in their neighbourhoods,just as their parents did.The behaviour of the Metzger sisters is a result of which of the following factors?
(Multiple Choice)
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During and right after the Industrial Revolution,firms focused on mass production and assembly lines,and placed a strong emphasis on lower costs.During this period manufacturers had which of the following orientations?
(Multiple Choice)
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Which of the following BEST describes the marketing concept?
(Multiple Choice)
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Aldon Lenski is opening a business to sell flowering bulbs over the Internet.As he decides what to charge for a package of ten bulbs,Lenski will calculate his fixed and variable costs.At this point,Lenski will be developing which of the following strategies?
(Multiple Choice)
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Aaron O'Hara bought a new pair of head phones because all of the "other guys" were buying them.O'Hara was influenced by which of the following factors?
(Multiple Choice)
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