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Principles of Marketing (review 2)

Total questions: 21

Worksheet time: 11mins

Name
Class
Date
1.

Which type of distribution is used when the producer wants more than one, but fewer than all, of the intermediaries who are willing to carry its products?

a)

A) exclusive

b)

B) selective

c)

C) intensive

d)

D) administered

e)

E) corporate

2.

Sometimes a producer chooses only a few dealers in a territory to distribute its products or services. Generally these dealers are given a right to ________ distribution.

a)

A) exclusive

b)

B) selective

c)

C) intensive

d)

D) administered

e)

E) corporate

3.

A company's total marketing communications mix is also called its promotion mix.

a)

A) True

b)

B) False

4.

Informative ads are used primarily in the growth stage of the product life cycle

a)

A) True

b)

B) False

5.

Weekend advertisements for Home Depot encourage consumers to visit the store

immediately. Home Depot is practicing reminder advertising

a)

True

b)

False

6.

Which product will most likely be exclusively distributed?

a)

A) BMW cars

b)

B) Levi's blue jeans

c)

C) Bazooka bubble gum

d)

D) Prairie Farms yogurt

e)

E) Coca-Cola

7.

Chewing gum is stocked in many outlets in the same market or community; in fact, it is placed in as many outlets as possible. This is an example of ________ distribution

a)

A) exclusive

b)

B) selective

c)

C) multichannel

d)

D) intensive

8.

Max Samuelson is a high-end fashion designer who markets his clothing lines through a limited number of highly reputable retailers. Max uses ________.

a)

A) exclusive distribution

b)

B) tying agreements

c)

C) exclusive territorial agreements

d)

D) exclusive dealing

9.

In creating customer value, it is more important for a company to build relationships with downstream channel partners than with upstream supplier partners.

a)

a) True

b)

b) False

10.

Which of the following terms is used to describe the factors and forces outside marketing that affect marketing management's ability to build and maintain successful relationships with target customers?

a)

A) the marketing environment

b)

B) the cultural environment

c)

C) strategic planning

d)

D) target markets

e)

E) the marketing mix

11.

Which type of organization helps companies to stock and move goods from their points of origin to their destination?

a)

A) financial intermediaries

b)

B) physical distribution firms

c)

C) marketing services agencies

d)

D) resellers

e)

E) suppliers

12.

A ________ is defined as any group that has an actual or potential interest in, or impact on, an organization's ability to achieve its objectives

a)

A) team

b)

B) competitor

c)

C) market

d)

D) public

13.

Which of the following is NOT an example of the type of public that is part of a company's marketing environment?

a)

A) financial

b)

B) media

c)

C) government

d)

D) citizen-action

e)

E) marketing department

14.

A consumer organization, environmental group, or minority group has challenged your firm's stand on a local issue. Your firm is being challenged by a ________ public

a)

A) local

b)

B) general

c)

C) government

d)

D) citizen-action

e)

E) media

15.

Product planners must design the actual product and find ways to ________ it in order to create the bundle of benefits that will provide the most satisfying customer experience

a)

A) promote

b)

B) package

c)

C) brand

d)

D) augment

e)

E) present

16.

________ are those products purchased for further processing or for use in conducting a business.

a)

A) Unsought products

b)

B) Specialty products

c)

C) Shopping products

d)

D) Industrial products

17.

Developing a product or service involves defining the benefits that it will offer. These benefits are communicated and delivered by ________ such as quality, features, and style and design.

a)

A) private brands

b)

B) product attributes

c)

C) consumer products

d)

D) product mixes

e)

E) marketing tools

18.

What are the two dimensions of product quality?

a)

A) consistency and level

b)

B) performance and resistance

c)

C) design and innovation

d)

D) conformance and style

e)

E) feature and design

19.

In assessing which new features to add to a product, a company must weigh each feature's ________ to customers versus its ________ to the company.

a)

A) cost; line extension

b)

B) cost; service

c)

C) value; cost

d)

D) service; line extension

e)

E) equity; cost

20.

In recent years, product safety and environmental responsibility have become major ________ concerns.

a)

A) branding

b)

B) packaging

c)

C) labeling

d)

D) service

e)

E) product line

21.

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