
MK270 Exam Review SET 1
Flashcard
•
Business
•
12th Grade
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
Which of the following is NOT one of the 4Ps of the marketing mix? Product, Price, People, Promotion
Back
People
2.
FLASHCARD QUESTION
Front
A strong brand can reduce perceived risk for customers.
Back
True
3.
FLASHCARD QUESTION
Front
________ occurs when consumers regret their purchase after the sale.
Back
Buyer's remorse
4.
FLASHCARD QUESTION
Front
What is the purpose of market segmentation?
Back
To divide the market into smaller groups with shared characteristics
5.
FLASHCARD QUESTION
Front
Maslow's Hierarchy of Needs includes physiological, safety, social, esteem, and ________.
Back
self-actualization
6.
FLASHCARD QUESTION
Front
The promotional mix includes sales promotions, advertising, and direct marketing.
Back
True
7.
FLASHCARD QUESTION
Front
Which metric measures how often an ad is displayed?
Back
Impressions
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