Exam 16: Developing and Promoting Goods and Services
Exam 1: Understanding the Canadian Business System213 Questions
Exam 2: Understanding the Environments of Business225 Questions
Exam 3: Conducting Business Ethically and Responsibly237 Questions
Exam 4: Understanding Entrepreneurship, small Business, and New Venture Creation221 Questions
Exam 5: The Global Context of Business213 Questions
Exam 6: Managing the Business Enterprise252 Questions
Exam 8: Managing Human Resources228 Questions
Exam 9: Understanding Labourmanagement Relations163 Questions
Exam 10: Motivating and Leading Employees261 Questions
Exam 11: Producing Goods and Services201 Questions
Exam 12: Increasing Productivity and Quality175 Questions
Exam 13: Managing Information Systems and Communication Technology197 Questions
Exam 14: Understanding Accounting Issues212 Questions
Exam 15: Understanding Marketing Processes and Consumer Behaviour227 Questions
Exam 16: Developing and Promoting Goods and Services241 Questions
Exam 17: Pricing and Distributing Goods and Services232 Questions
Exam 18: Understanding Money and Banking207 Questions
Exam 19: Understanding Securities and Investments190 Questions
Exam 20: Financial Decisions and Risk Management228 Questions
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Marketers at Wallson Corp.are trying to make potential consumers aware of the company's new product and its benefits.Profits are non-existent at this time.This is the ________ stage of the product life cycle.
(Multiple Choice)
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Compared with most other languages,ads in English take up more print space and air time because English takes more words to explain concepts.
(True/False)
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Dove is introducing a new deodorant.In order to entice customers to purchase the deodorant,a free bar of soap is attached to the package.Which type of sales promotion is Dove using?
(Multiple Choice)
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Samantha wanted to use a flexible communication vehicle that would give her rapid coverage.She should select ________ advertising.
(Multiple Choice)
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The communications vehicle that is very selective about its audience,allows a more personalized message,and whose response rate is very predictable is
(Multiple Choice)
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Diana is going to be married soon,and she is shopping around for a wedding gown.For Diana,a wedding gown is a shopping good.
(True/False)
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What is the fundamental idea underlying the product life cycle?
(Multiple Choice)
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It takes _______ new product ideas to generate just one new product that reaches the market,and then only _____ out of 10 new products on the market succeeds.
(Multiple Choice)
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The primary goal of informative advertising is to convince consumers to buy the company's products rather than those of its rivals.
(True/False)
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What is the "promotional mix"? Include a discussion of the four basic types of promotional tools in your response.
(Essay)
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Items that are expensive,durable,and infrequently purchased by firms producing other goods or services are called ________.
(Multiple Choice)
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A ___________ gives exclusive legal right to use a brand name,while a _________ protects an invention or idea.
(Multiple Choice)
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Virtually all products have very short life cycles.The only real exception is Coca-Cola.
(True/False)
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Which of the following statements would MOST weaken the argument for using internet as advertising?
(Multiple Choice)
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The total array of products a company has for sale is its product mix,while a product line is a group of products that are closely related because they function in similar manner or are sold to the same customer group who will use them in similar ways.
(True/False)
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The four stages of a product life cycle are introduction,growth,maturity,and decline.
(True/False)
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In the 2012 BrandZ Top 100 Global Brands Ranking,the three most successful brands in the world were Apple,Google,and IBM.
(True/False)
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LaRonge Corp.gives free samples of products to influential consumers.This is an example of product seeding,which is one variety of word-of-mouth advertising.
(True/False)
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Coupons,point-of-purchase displays,free samples,and trade shows are examples of
(Multiple Choice)
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