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MKT2013 (CHAPTER 2)

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Through _______, companies today are strengthening their connections with all partners, from providers of raw materials and components to those involved in the delivery of final goods and services.

a)

supply chain management

b)

direct marketing

c)

customer relationship marketing

d)

inventory management

2.

Customers can be classified into four relationship groups based on their profitability and projected loyalty. Which customer type is associated with low profitability and long-term loyalty?

a)

true friend

b)

butterfly

c)

barnacle

d)

stangers

3.

The primary key to delivering customer satisfaction is to match product performance with _________.  

a)

limited customer services

b)

competitive prices

c)

aggressive advertising

d)

customer expectations

4.

In the second step of the marketing research process, research process, research objectives should be translated into specific _________.

a)

marketing goals

b)

informations needs

c)

dollar amounts

d)

research method

5.

Causal research is used to ________.

a)

Test hypotheses about cause-and effect relationships

b)

Gather preliminary information that will help define problems

c)

Uncover information at the outset in an unstructured way

d)

Describe marketing problems or situations

6.

Salbiah recently purchased Brand X lotion. In comparing her perception of how the lotion made her skin feel and look to her expectations about Brand X lotion, Salbiah was measuring her level of ________.

a)

customer lifetime value

b)

  customer-perceived value

c)

customer equity

d)

customer satisfaction

7.

Customer-perceived value is defined as the customer’s evaluation of the difference between all the benefits and all the costs of a market offering relative to those of competing offers.

a)

TRUE

b)

FALSE

8.

Organizations choose to use only a few available online and social media. Using multiple social media results in confused fans. 

a)

TRUE

b)

FALSE

9.

In interpreting and reporting the findings, it is the best managers and researchers work together closely, and share responsibility for the research process and resulting decisions.

a)

TRUE

b)

FALSE

10.

Part of characteristic for customer-driven marketing is when customers know what they want.

a)

TRUE

b)

FALSE