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Marketing Chapters 5-7

Total questions: 29

Worksheet time: 38mins

Name
Class
Date
1.
Effective marketing information improves decisions made by businesses. 
a)
true
b)
false
2.
To make effective marketing decisions, marketers need information about 
a)
consumers
b)
the business environment
c)
all marketing mix
d)
all of these
3.
Customer records and sales information are examples of external information. 
a)
true
b)
false
4.
An external source of information for marketers is 
a)
government records
b)
sales records
c)
financial statements
d)
all of these
5.
Information already collected for another purpose that can be used to solve the current problem is secondary data. 
a)
true
b)
false
6.
Information collected for the first time to solve the problem being studied is ________ data. 
a)
biased
b)
numerical
c)
secondary
d)
primary
7.
A procedure in which everyone in the population has an equal chance of being selected in the sample is
a)
a focus group
b)
random sampling
c)
marketing resarch
d)
an experiment
8.
a five step process used by consumers when buying goods or services
a)
stimulus
b)
Consumer decision making process
c)
need recognition
d)
want
9.
the type of decision making that requires moderate amount of time for gathering information and deliberating about an unfamiliar brand in a familiar product category
a)
involvement
b)
routine response behavior
c)
limited decision making
d)
extensive decision making
10.
the most complex type of consumer decision making, used when buying an unfamiliar, expensive product or an infrequently bought item, requires use of several criteria for evaluating options and much time for seeking info
a)
involvement
b)
routine response behavior
c)
limited decision making
d)
extensive decision making
11.
the set of values, norms, attitudes, and other meaningful symbols that shape human behavior and the artifacts, or products, of the behavior as they are transmitted from one generation to the next
a)
culture
b)
value
c)
subculture
d)
social class
12.
all of the formal and informal groups in society that influence an individual's purchase behavior
a)
reference group
b)
primary membership group
c)
secondary membership group
d)
aspirational reference group
13.
a method of classifying human needs and motivations into five categories in ascending order of importance: physiological, safety, social, esteem, and self-actualization
a)
Maslow's hierarchy of needs
b)
learning
c)
stimulus discrimination
d)
stimulus gerneralization
14.

True or False: A survey is a form of Primary Research.

a)

True

b)

False

15.

____ is published data that have been collected for some other purpose.

a)

Primary Research

b)

Secondary Research

c)

Market Research

d)

Observation Research

16.

A panel of 6 to 10 participants who are brought together to discuss their feelings, reactions, and attitudes regarding a product.

a)

Experiment

b)

Focus Group

c)

Questionnaire

d)

Observation

17.
___________________ needs are things we need to survive
a)
Basic physiological
b)
safety and security
c)
love and belonging
d)
esteem
18.
Feeling a part of a group helps us meet _______________ need
a)
basic physiological needs
b)
safety and security
c)
love and belonging
d)
esteem
19.
Steve Buscemi lost his job during the recession and then lost his home.  Now he has to hope that he can find a shelter to stay at each night until he gets back on his feet.  What level on need is he lacking?
a)
Physiological
b)
Esteem
c)
Love and Belonging
d)
Safety and Security
20.
Bruce Wayne lost both his parents in a shooting when he was young.  He has a butler that watches over him, but he has trouble establishing meaningful relationships with others.  What level of needs is he missing?
a)
Physiological
b)
Esteem
c)
Love and Belonging
d)
Safety and Security
21.

Items or services that people desire

a)

wants

b)

needs

c)

demands

22.

Selecting one particular segment of a market to serve.

a)

mass marketing

b)

market segmentation

c)

target marketing

23.

An example of Demographic segmentation would be

a)

cities vs. towns

b)

age

c)

playing sports

d)

how often you buy a product

24.

The target market is a group of consumers who

a)

don't respond to any marketing

b)

have very different wants and needs

c)

have very similar needs and respond similarly to marketing

25.

Market Segmentation is a process of...

a)

Dividing the market of potential customers into different groups and segments based on certain characteristics

b)

Putting people into segments

c)

Using customer information to get profit

26.

Advertising snow shovels would use the _______ approach

a)

demographic

b)

geographic

c)

psychographic

d)

behavioral

27.
The change in climate of the city, where a product is being sold will affect the __________region of the marketing plan.
a)
Geographic
b)
Demographic
c)
Psychographic
d)
Telepathic
28.
  _______ divides buyers into different groups based on social class, lifestyle, and personality characteristics.
a)
Demographic segmentation
b)
Behavior segmentation
c)
Psychographic segmentation
d)
Geographic segmentation
29.

Marget Segmentation based on factors such as age, race, gender, income, etc

a)

Demographics

b)

Psychographics

c)

Geographics

d)

Targeting