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Total questions: 37
Worksheet time: 19mins
Which of the following is NOT included in 4 P's of Marketing?
Promotion
Products
Place
Peace
_________ are the form human needs take as they are shaped by culture and individual personality.
Wants
Needs
Demands
Performance
_______ are human wants that are backed by buying power.
Needs
Wants
Demands
Market offerings
_________ are a combination of products, services, and experiences offered to a market to satisfy a need or want.
Market
Marketing offerings
Exchange
Value and Satisfaction
___________ are the acts of obtaining a desire object from someone by offering something in return.
Exchange
Market
Production
Advertisement
_________ is the set of all actual and potential buyers of a product or service.
Market
Product
Exchange
Needs
Which of the following is ONE of the 5 alternative concepts that companies use to carry out their marketing strategy?
Societal Marketing Concept
Placement Concept
Marketing Strategy
Customer Satisfaction
Products has 2 under category which is Tangible and ___________
Intangible
Promotion
Place
Price
The idea that consumers will not buy enough of the firm's product, unless it undertakes a large-scale selling and promotion effort.
Production Concept
Product Concept
Selling Concept
Marketing Concept
The idea that achieving organizational goals depends on knowing the needs, and wants of target market and delivering the desired satisfactions better than competitors do.
Production Concept
Product Concept
Societal Marketing Concept
Marketing Concept
The idea that achieving organizational goals depends on knowing the needs, and wants of target market and delivering the desired satisfactions better than competitors do.
Production Concept
Product Concept
Societal Marketing Concept
Marketing Concept
This refers as the center of everything marketing does.
Marketing
Needs
Consumer
Value
This refers to something you must have for survival.
Wants
Needs
Product
Service
What is the first name of Mr. Maslow?
Allan
Alfred
Abraham
Alexander
These refer to basic physical needs like drinking when thirsty or eating when hungry.
Physiological Need
Safety Need
Love and Belonging Need
Self-Actualization Need
This is simply getting the product into the hands of the customer.
Creating
Communicating
Delivering
Exchanging
This refers to feeling fulfilled, or feeling that we are living up to our potential.
Love and Belonging Need
Self-Actualization Need
Safety Need
Esteem Need
Choose the concept to the following definition:
It consists of the actors and forces outside marketing that affect marketing management's ability to build and maintain successful relationships with target customers.
Microenvironment
Macroenvironment
Marketing Environment
Which of the following is a force that does NOT affect the Microenvironment?
The company
The Suppliers and Intermediaries
Customers
The economic environment
The actors close to the company that affect its ability to serve the customers are part of
the Microenvironment
the Macroenvironment
Larger societal forces such as demographic, economic, natural, political, and others that affect marketing management's decisions are part of
the Microenvironment
the Macroenvironment
Choose the concept for the following definition:
The internal environment is conformed by departments or areas such as finance, human resources, accounting, purchasing, and the top management, which share the responsibility for understanding customer needs and creating customer value.
The Company
The Suppliers
The Customers
The Competitors
Firms that provide the resources needed by the company to produce goods or offer services are
the company
the suppliers
the competitors
Firms that help the company to promote, sell, and distribute the products to the final customers or buyers.
the competitors
the Intermediaries
the publics
Firms that share similar or the same activity as our main activity in the company are
the intermediaries
the suppliers
the competitors
Individuals and households who buy goods or services for personal consumption are
the customers
the suppliers
the intermediaries
Any group that has an interest or impact in the organization's ability to achieve the objectives are
the suppliers
the intermediaries
the competitors
the publics
Financial publics are:
banks and stockholders
householders and customers
