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WorksheetsMKT 243 Exam 2
Total questions: 39
Worksheet time: 20mins
A _____ is a group of products that are generally considered as substitutes for the other.
Product class
Product form
Product brand
The _____ is the specific product offered by a company.
Product class
Product form
Product brand
Which level of packaging do you see most of the time on store shelves?
Secondary packaging
Tertiary packaging
Primary packaging
None of these
In what stage is the product first offered for sale commercially?
Product development
Maturity
Introduction
Decline
Which of the following would be an expected attribute in a car?
Smooth steering, braking, and safety system
allows for personal transportation
extra storage space
feelings of being cool or trendy
Which of these products is considered a specialty product?
A screwdriver
A BMW car
A limited edition pair of Nike sneakers
A first aid kit
A _____ is a smaller segment of the product class.
Product class
Product form
Product brand
What is the main benefit a consumer gets from a product?
Expected attribute
Core benefit
Add-on attribute
Expected benefit
You go to the store to buy groceries. It takes very little time for you to decide what to buy. What kind of consumer products are you buying?
Shopping products
Convenience products
Specialty products
Unsought products
Which of the following is an example of a consumer packaged good (CPG)?
An umbrella
Flour
Movie theater popcorn
Doritos chips
Your new pair of shoes can light up and play music. What product level would these attributes fall into?
Core benefit
Expected attribute
Add-on attribute
Necessary attribute
Which of the following is NOT considered a characteristic of service?
Perishability
Durability
Inseparability
Variability
Services primarily fall under which element of the 7Ps marketing mix?
Place
Process
Price
Produce
Which of the following would be an add-on attribute in a car?
Smooth steering, braking, and safety system
allows for personal transportation
extra storage space
feelings of being cool or trendy
The reality that complex services are often difficult to describe using words is representative of which characteristic of services?
Intangibility
Perishability
Variability
Inseparability
In this branding strategy for a company, all company products (or family of products) are branded under a single brand identity. The products will likely have similar packaging and brand associations.
Product Branding
Individual Branding
Sub-Branding
Umbrella Branding
The heart of services marketing is:
Recovering quickly from service failures
Minimizing Customer Lifetime Value
Shortening the customer journey
Consistently providing superior customer experiences
How can a product manufacturer gain a competitive advantage while providing more value to customers?
Copy the features of a market-leading product
Lower product prices
Bundle the product with a service
Move the product manufacturing offshore
Which of the following is an example of a service?
Subscribing to a razor blade delivery service, such as Dollar Shave Club
Purchasing a candy bar
Buying a new smartphone
All of these are examples of services
You are a store owner with an extra budget. What could be a smart strategic move to draw customers to your physical store?
Invest in a fun, in-store experience
Add services customers value
Feature local brands in the store
All of these are correct
What is a downside of an individual branding strategy?
Time
Cost
Unsuccessful
Distribution
Which of the following is not a step in creating a brand?
Communicate the brand
Create brand identity
Fulfill brand promises
Market brand identity
_____ with brands help to create associations, and _____ can help influence those associations.
Experiences, advertisements
Advertisements, brand image
Brand image, experiences
Advertisements, experiences
A brand can include which of the following?
Name
Mark
Logo
All of these
Measuring _____ determines how well consumers can identify a brand.
Brand awareness
Customer satisfaction
Customer awareness
Brand recall
Your core service offering has been experiencing frequent service failures, and customer satisfaction is at risk. What tool or approach should you use to solve this problem?
Customer journey map
Service blueprint
Pricing focus group
Pre-purchase evaluation
What is it called when an institution develops a company-wide brand but also brands (groups of) products individually?
Unendorsed branding
Micro-branding
Sub-branding
House of brands strategy
The drawing shown above is an example of which marketing tool to help illustrate branding?
A word cloud
A brand associations map
A brand awareness chart
A brand recognition chart
Your company sends out this survey question pictured above. Which element of a brand are they measuring?
Brand awareness - Recall
Brand awareness - Recognition
Brand emotion
Brand differentiation
Chapter 9 discussed shifts in consumer behavior. Which of the following did NOT see an increase in consumer behavior?
Online sales
Mobile Shopping
Mall shopping
Experience purchases
What is the number of individual products in a product line?
Product depth
Product width
Product assortment
Produc mix
What is the number or variety of product lines that a store offers?
Product depth
Product width
Product assortment
Produc mix
Which type of store layout features long, parallel aisles that are perpendicular to the walls?
Diagonal layout
Racetrack layout
Grid layout
Spine layout
You are opening a high-traffic retail store. What method can you use to maximize inventory in your store?
Tall merchandise displays
Decompression zone
Speed bumps
Free-flow layout
When thinking about the Psychology of Shopper-Layout Interaction, what is prime real estate in a retail store?
At the center of the store
To the right of the door
Eye level on the far left of the store
A ceiling display
You are a consumer who does not mind wearing previous-season or damaged items. You would rather buy products at a lower cost. What retail store could you be looking for?
Specialty store
Convenience store
Supermarket
Discount store
According to the text, which of the following is NOT a type of store layout?
Grid
Racetrack
Combination
Patchwork
What is meant by the term product width?
The number or variety of product lines that a store offers
The number of individual products in a product line
The range of choice offered to the consumer within a particular product category
A group of related products marketed and sold by the same
Which of the following is NOT an element of retail atmospherics?
Sounds
Colors
Research and Development
Smells
