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WorksheetsSEM II 1.00 Unit Test
Total questions: 60
Worksheet time: 30mins
Stephanie completed a market-research project to identify changing consumer trends that will affect her company and its market position. She learned many interesting demographic trends occurring in the population. What type of data should she include in her report to management?
All the information collected so management can decide what is important.
Information that applies only to people not currently part of the target market.
Information that is relevant to the marketing decisions that management must make.
Information that applies only to the company's current target market.
An effective method of presenting complex report findings and recommendations to a large group of managers involves the use of which component?
Handmade graphics
Informal outlines
Computer software
Scientific data
One of the main portions of a marketing report describes the research methods and which other component?
Industry review standards
Data collection procedures
Technical terms
Consulting expenses
What part of a marketing-research report would be mentioned only briefly in an oral presentation?
Research findings
Pertinent data
Relevant information
Research methods
The main portion of a marketing report that explains the research findings should include which component?
Supporting tables and graphs
Summaries and recommendations
Technical appendixes and indexes
Data-collection procedures
Copies of questionnaires, interview forms, and other technical documents are often included in which part of a marketing report?
Summary
Appendix
Analysis
Introduction
An effective technique to use when giving an oral presentation of report findings and recommendations is to ensure the presentation has which feature?
Simplicity
Technically oriented
Free from detail
Complexity
When writing marketing reports, researchers should make sure that they include a section about which component?
Limitations
Regulations
Qualifications
Populations
What is the best way to present a proposal to potential sponsor companies?
Over the phone
Via teleconference
Through the mail
In person
When writing a proposal for a potential sponsor, sports or event marketers should clearly emphasize sponsorship value and what other component?
Deadlines
Liability
Benefits
Confidentiality
To create or maintain a certain image, companies sponsor sports or event organizations that display characteristics companies want consumers to associate with their products. This is one way of enhancing which technique?
Relationship marketing
Sales and sampling opportunities
Exclusivity
Public relations
Bank of America is the only bank affiliated with a specific sports or event organization. What is the benefit called?
Value in kind (VIK)
Exclusivity
Ownership
Presenting sponsorship
Sports or event marketers often identify the sponsorship potential of a specific business by researching the company’s sponsorship history and understanding which component?
sponsorship objectives
manufacturing methods
financial policies
quantity standards
Which is the first step in a sponsorship presentation?
Create interest in an organization or event.
Give event details.
Create interest in the sponsorship opportunity.
Explain how the prospective sponsor can get involved.
What kind of arrangement is happening when a hockey team receives free skates from Nike as part of its sponsorship-fee payment?
Exploitation
Relationship marketing
Exclusivity
Value in kind (VIK)
Why should sports or event marketers develop proof-of-performance packages for sponsors?
To provide information about the facility
To explain the type of sport or event
To list the important participants
To help sponsors justify the investment
Which establishment would an event marketer most likelycontact when seeking sponsorship for an upcoming auto race?
Nonprofit organizations
Related businesses
Athletic competitors
Charitable organizations
To avoid its message from getting lost among the messages of a team’s other sponsors, Taco Bell offered to name the pregame show “The Taco Bell Pregame Report.” What is this benefit called?
Sales and sampling opportunities
Ownership
Exclusivity
Fund-raising opportunities
What is the salesperson doing in this situation? A salesperson says to a potential client: “The luxury boxes of an arena have plenty of space to entertain business clients; and the catering staff can help plan the menu for game-day festivities.”
Addressing objections
Describing amenities
Determining needs
Reaching closure
When a venue is important to sell, it is part of which component?
Market
Facility
Location
Product
Involves bartering for goods and services
Decision Makers
Purchasers
Media Exposure
Cost Avoidance
Control the flow of information to others and act as a filtering device
Cost Avoidance
Gatekeepers
Media Exposure
Surveys/In-Depth Interviews
Have input into the decision, usually based on their connections with the sports entity
Influencers
Gatekeepers
Cost Avoidance
Purchasers
Ultimately responsible for accepting/rejecting proposals
Decisions Makers
Purchasers
Media Exposure
Coat Avoidance
Responsible for negotiating contracts and carrying out the terms of the sponsorship once the decision is made
Media Exposure
Purchasers
Cost Avoidance
Gatekeepers
Gauging the image, attitudes, and awareness of events, sponsors, and products
Surveys/In-Depth Interviews
Media Exposure
Purchasers
Cost Avoidance
A business that randomly surveys 200 customers to learn about opinions of a new product is collecting which marketing information?
Scientific
Technical
Confidential
Primary
Businesses often collect marketing information from customers in order to learn how to do which?
Earn the highest profits
Sell best in certain locations
Meet specific design standards
Qualify for vendor discounts
Businesses collect marketing information from other sources in order to find out what is happening in which area?
Research department
External environment
Parent corporation
Internal organization
Which is the first step that a business should take when collecting marketing information from its customers?
Define research objectives
Obtain secondary data
Determine the survey method
Develop a rating scale
When a sporting-goods manufacturer decides to sell to businesses located in another country, it should consider which situation about the country?
Selling motives
Profit margins
Trade restrictions
Cost of goods
Spain cannot manufacture enough mountain bikes to meet the demand due to a shortage of resources needed to make the bikes. The United States has agreed to assist in meeting the demand, but Spain will only except a certain amount into their country. The term that most represents this situation is:
Tariff
License
Quotas
Embargoes
Which presents the greatest challenge for U.S. companies when developing a plan to sell movies in foreign countries?
Language barrier in promotions
Cost of foreign monetary exchanges
Uncertainty about government policies
Lack of interest by foreign customers
A trade restriction when a country suspends all imported and exported trade with another country is called by what term?
Embargoes
Quotas
License
Tariffs
Which is the definition of “exchange rates.”
The value of one countries currency for the purpose of conversion to another country's currency.
Taxes placed on imported goods.
A policy that suspends all import-export trade with another country.
Limit the quantity of goods that move into or out of the country.
John’s Sporting Goods is planning on exporting sport equipment to England. England is placing taxes on all imported goods that come into the county. What is the name of the trade restriction?
Quotas
License
Tariffs
Embargoes
Which is a trend in the sports or event industry?
Premium seating options are yielding less revenue for sports or event facilities than other types of seating.
Due to the high level of media clutter, fewer businesses are participating in sports or event sponsorship.
Sports or event facilities are evolving into complete entertainment centers with interactive activities.
Relationship marketing is becoming less important to sport or event organizations as technology evolves.
The NHL, the NFL, and the CFL are becoming more interested in investing in the development of recreational sports for youths in order to achieve which goal?
Encourage sedentary lifestyles
Attract more fans
Appeal to low–income individuals
Comply with local regulations
One reason that seat licenses and premium seating are growing trends in sports or event marketing is because these practices are which type of source?
Revenues
Sales policies
Advertising methods
Pricing strategies
When analyzing the historical data in a data warehouse, which is true of its data?
Related data are grouped together in folders.
The data change as modifications are made to the database.
The data are static.
Data maintain the uniqueness provided in their operational applications.
What should businesses try to achieve when manipulating data for information analysis?
Exploratory research
Accurate interpretation
Secondary information
Program development
Which is useful marketing information that a business might obtain by analyzing a customer database?
Federal identification numbers for current and past customers
Expense involved in developing a customer database
Total sales for each month of the previous year
Average customer who is married and a homeowner earning $50,000 a year
When marketing researchers review the level of affiliation between two variables, they are evaluating which data components?
Predictability
Sensitivity
Correlation
Affirmation
- Marketing technique of creating and distributing relevant and valuable content to attract, acquire, and engage a clearly defined and understood target audience
Content Marketing
Demographics
Psychographics
Sponsorship
The statistical data of a population, especially those showing average age, income and education.
Content
Demographics
Psychographics
Sponsorship
To determine the attitudes and tastes of a particular segment of a population, as in marketing studies.
Demographics
Content Marketing
Psychographics
Marketing
