WorksheetsTest #1 Prep - Into to Marketing
Total questions: 45
Worksheet time: 25mins
If you are shopping for a shirt and decide not to make a purchase because you cannot find your size, which element of the marketing mix has failed?
People
Place
Promotion
Passion
Which type of advertising best allows a business to reach a specific target market?
television
radio
direct mail
newspapers
Which one is NOT a stage in the PLC?
maturity
decline
growth
development
Which stage has lots of competitors?
growth
maturity
introduction
decline
Which stage has rapid sales?
introduction
maturity
decline
growth
Which stage has the least production costs?
introduction
maturity
decline
growth
What is a niche market?
A market in which businesses sell to a large customer group with similar needs.
A market in which businesses sell to a variety of customers.
A market in which businesses sell to a small customer group with specific needs.
A market in which businesses sell one product to many consumers.
For this type of advertising medium: The advantage is choice of ad size & the disadvantage is it can be read then thrown away
Radio
TV
Internet
Newspaper
This type of advertising medium is: seen by thousands of people but can be very expensive. Expense varies by anticipated viewership.
Magazines
Newspapers
Direct Mail
TV
This type of advertising medium: Advantage of being read if someone is into a particular hobby or topic while the disadvantage is it can be very expensive.
Magazine
TV
Radio
None of the provided answers
A business's distinctive logo, design, or group of letters that cannot be spoken but are used to establish brand identity; often used in conjunction with a brand name.
Brand Symbol
Brand Promise
US Patent and Trademark Office
Brand Cues
______________is a word, phrase, symbol, and/or design that identifies and distinguishes the source of the goods of one party from those of others.
Service Mark
Trademark
Patent
Copyright
When a company pays a fee for the right to promote itself and it's products or services at or on a set location
Personal Selling
Institutional Advertising
Publicity
Sponsorship
What does coca cola actually sell to distributors?
Bottled product
Concentrate
Soda
Bottles
Why did Coca Cola change their bottle shape originally
Easier for transportation
Assisted in customers holding the product
Stop copycats & knockoff products
All of the provided responses
Coca Cola invented the modern day Santa Claus
True
False
Coke Classic was Coke's greatest marketing blunder
True
False
New Coke lasted only 5 years because of intense public scrutiny
True
False
New Coke was Coke's greatest marketing blunder
True
False
Where is Coke's secret formula located?
Archives
Bank
Space
Space Bank
The Coke freestyle machine's top seller is which drink?
Vanilla Coke
Sprite
Classic Coke
Mountain Dew
In what state is Ben & Jerry's located?
Atlanta
Maine
Michigan
Vermont
In what type of establishment did Ben & Jerry's start?
Oil Field
Gas Station
Bakery
None of the listed responses
What best describes Ben & Jerry's marketing strategy?
Traditional
Ego-centric
Blobs & Slobs
Contemporary
What is Fairtrade all about?
better prices and better working conditions
more trade for less money
less money for workers
less crops
Which of these are part of the marketing mix
price
product
people
place
tv commercials
Define Promotion
Any from of communication a business or organization uses to inform, persuade, or remind.
The number of different product lines a manufactures or sells
The process of creating, growing, and manufacturing
What is the person who buys a product called?
Retailer
Consumer
Purchaser
Customer
How/where a product will be distributed
Price
Place
Promotion
Product
THE 4 P's - product, place, promotion, price
price
selling
target market
Marketing mix
Two main goals of marketing are creating new customers and retaining existing customers.
True
False
What stage would a business have large market share?
Intro
growth
maturity
decline
What has Coke Cola done to its product to survive?
change the recipe
change the bottle
change the size
change the logo
What stage has least competitors?
intro
maturity
decline
growth
What is the MAIN purpose of using a PLC?
to help with staffing issues
to improve customer service
to help make better marketing decisions over time
to lift salaries for directors
