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WorksheetsPrinciples of Marketing
Total questions: 35
Worksheet time: 22mins
Buyer and seller trade something of equal value
A. Cause marketing
B. Comprehensive
C. Exchange
D. Green Marketing
It is also called as place branding attempts to exert a pull
customers to particular areas.
A. Place marketing
B. Cause Marketing
C. Event Marketing
D. Green Marketing
It is a recognition and marketing of a social issues, cause or
idea to the target markets.
A. Place marketing
B. Cause Marketing
C. Event Marketing
D. Green Marketing
The money earned by the organization is allocated for pursuing the organization’s objectives.
A. Person Marketing
B. Place marketing
C. Cause Marketing
D. Not-For- Profit Organization Marketing
It focuses on the internal potentials of the company and
not based on the desires and needs of the market
A. Sales Concept
B. Marketing Concept
C. Production Concept
D. Relationship concept/marketing
According to Forbes it is a strategy designed to foster customer loyalty, interaction and long-term engagement
A. Relationship Marketing
B. Traditional Marketing
C. Consumer Marketing
D. Relation Marketing
Relationship marketing provide each customer with a smooth, timely and enjoyable business transaction.
TRUE
FALSE
Successful businesses just only communicate with prospects and customers for sales.
TRUE
FALSE
To build a relationship to your customers communicate to them frequently.
TRUE
FALSE
Communicating to your client is a one-way process, you only have to tell them the benefits and usefulness of your product.
TRUE
FALSE
Customers often make choices between parity products and services based on the perceived "customer experience”.
TRUE
FALSE
Relationship marketing strategy creates strong customer bonds that lead to ongoing business with this customer, as well as free word of mouth promotion and lead generation.
TRUE
FALSE
The best way to achieve an on-going relationship with clients is to understand customer experience management.
TRUE
FALSE
One of the example of relationship marketing is launching a loyalty program that rewards customers for their continued patronage.
TRUE
FALSE
Relationship marketing focuses on increasing the number of individual sales rather than customer’s service relation.
TRUE
FALSE
It is the perception of what a product or service is worth to a Customer versus the possible alternatives.
A. Customer Value
B. Customer
C. Value
D. Worth
What is "value for money”?
A. price sensitive
B. customer feels
C. worth of something
D. willing to pay for what they consider as benefits
It is created just as much by a focus on processes and systems as much as it is by mind-set and culture.
A. Customer
B. Experience
C. Marketing
D. Value
The following are the benefit of customer value, EXCEPT.
A. Cost
B. Marketing
C. Relationship
D. Quality
Smiling at and being attentive to a Customer make feel the client welcome and well-appreciated.
TRUE
FALSE
Giving the companies customers service hotlines to make it easier for them contact the business enterprise.
TRUE
FALSE
Ignoring customers call and queries can enhance the value of the firm.
TRUE
FALSE
Consists of the five types of markets in which the organization can sell: the consumers, producers, reseller, government and international markets.
A. Competition
B. Marketing Channel.
C. Types of Market
D. Internal Organization Environment.
Identify the external and internal factors of marketing management level.
A. Cultural
B. Ecological
C. Marketing channel
D. Internal organization
Consists of the competitors facing the organization.
A. Competition
B. Demographic
C. Types of Market
D. Organizational Objectives
Technological
MICRO
MACRO
The employee of the firm
MICRO
MACRO
Age and gender of target customers
MICRO
MACRO
What is the first step in the marketing research process?
a. Analyze results
b. Experiment
c. Define the problem
d. Conduct a survey
Which of the following is an example of a primary data source:
a. Inventory reports
b. Sales Reports
c. Survey
d. Expense reports
Which of the following isn’t collecting qualitative data?
a. Do you like chocolate or vanilla, -yes or no?
b. Describe the kind of toppings do you like on your pizza
c. Why should phones be banned during school?
d. How should you discipline a child?
Maddle is creating a survey to determine student’s favourite place to shop. This type of research is:
a. Primary
b. Sales
c. Secondary
d. Product
Which of the following is not the reason businesses use marketing research?
a. Identify market opportunities
b. Monitor market performance
c. Solve Marketing problems
d. Deciding when staff should have team meetings
All the findings and the research are shown to the ______________ level viz.
behaviour
expensive
top management
quality
Collecting information is one of the most __________
methods of marketing research.
marketing mix
expensive
Market research
process
