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WorksheetsMKT/ADV Post-Test Review
Total questions: 33
Worksheet time: 17mins
Marketing is defined as an organizational function and a set of processes for ________________________, ________________________, & ________________________ value to consumers. (Choose three.)
Communicating
Creating
Advertising
Delivering
The 4P's of marketing (also known as the Marketing Mix) are:
Product
Price
Promotion
Place
Production
The marketing function gathering and using information about customers to improve business decision making.
Product/Service Management
Marketing Information Management
Financing
Pricing
Distribution
The marketing function that uses advertising and other forms of media to communicate information about products, services, and ideas.
Product/Service Management
Marketing Information Management
Promotion
Pricing
Distribution
The marketing function that involves establishing and communicating the value or cost of goods and services to customers and determining how much to charge in order to make a profit.
Product/Service Management
Marketing Information Management
Promotion
Pricing
Selling
The marketing function that involves designing, developing, maintaining, and improving products or services so that they meet customer needs.
Product/Service Management
Marketing Information Management
Promotion
Pricing
Selling
The marketing function that requires a company to budget its own business expenses as well as provide customers with assistance in paying for the company's products.
Product/Service Management
Financing
Promotion
Pricing
Selling
The marketing function that involves determining the best way to get products or services to customers.
Product/Service Management
Financing
Distribution
Pricing
Selling
The marketing function that involves communicating with customers to assess and satisfy their current needs and anticipating future needs.
Product/Service Management
Financing
Distribution
Pricing
Selling
A market is defined as people or organizations that have:
People who will not purchase your product.
A medium of exchange (i.e. money or trade) and product they desire.
Anyone who hears your advertising message.
Needs or wants and the ability and willingness to buy.
A(n) _____________________ is a subgroup of individuals or organizations sharing one or more characteristics that cause them to have relatively similar product needs.
Mass Market
Market Segment
Product Market
Segmentation Variable
Segmentation based on a consumers' behavior toward a product.
Demographic
Geographic
Psychographic
Behavioristic
Segmentation based on one's lifestyle, social class, and motives.
Demographic
Geographic
Psychographic
Behavioristic
Segmentation based on age, gender, ethnicity, education, or income.
Demographic
Geographic
Psychographic
Behavioristic
Segmentation based on one's location.
Demographic
Geographic
Psychographic
Behavioristic
The purpose of market segmentation is to:
Enable marketers to customize marketing mixes to meet the needs of that specific group.
Divide the market into equal size and profit regions for sales territories.
Develop a generalized definition of the market as a whole.
Reduce the market down to a specific size that the business can accommodate.
A paid form of communication intended to inform, persuade, or remind an audience to take some kind of action is:
Sales
Marketing
Advertising
Communication
This advertising medium uses creative headlines and images to attract attention:
Internet
Broadcast
Electronic
This advertising medium reaches large number of people, is quick & inexpensive to produce, and can target specific geographic area:
Internet
Broadcast
Electronic
The advertising medium with the ability to target specific markets, has a longer life span than other mediums in its class, and a better print quality.
Newspaper
Magazine
Television
Radio
This medium reaches a broad market, is highly visible, and provides round-the-clock exposure.
Newspaper
Magazine
Billboard
Flyer
Which medium uses sight, sound, motion, & color to send messages to consumers?
Newspaper
Magazine
Television
Radio
This advertising medium uses audio messages to communicate & offers the advantage of audience segmentation
Newspaper
Magazine
Television
Radio
This medium allows the most creativity in advertising, but is also the most expensive:
Newspaper
Magazine
Television
Radio
The newest medium to enter the advertising world is:
Broadcast Advertising
Print Advertising
Online Advertising
Telemarketing
This medium offers flexibility in the message, allows customers and companies to interact, and makes reaching your target market easy.
Direct Mail
Internet
Television
Radio
Paying to have your ad placed near relevant searches is known as:
Social media advertising
Web advertising
Commercial advertising
Search engine advertising
The symbol that represents a company is the:
Logo
Copy
Signature
Headline
A short, snappy statement that's purpose is to grab the reader's attention is the:
Logo
Copy
Signature
Headline
The main text of the ad is known as the ________________.
Logo
Copy
Signature
Headline
The subtle promotion of products through planned appearances in film, television, or other media is known as:
Infomercials
Product Placement
Sneak-ins
Strategic Promotion
The most productive times for radio commercials is in the morning and late afternoon, which is known as:
Promotional Times
Prime Time
Commercial Time
Drive Times
The most expensive time to purchase television ad spots is between the hours of 8pm and 11pm, when the most people will be watching. This time is known as:
Promotional Times
Prime Time
Commercial Time
Drive Times
