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Marketing_chapter 3, 4

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

A company’s macroenvironment consists of all of the following except _____

a)


demographic forces

b)

economic forces

c)

competitive forces

d)


technological forces

2.

_____ include resellers, marketing service agencies, and financial firms that help a company to promote and sell its offerings to its final customers.

a)


Intelligence firms

b)

Marketing intermediaries

c)

Suppliers

d)

Advertising agencies

3.

A company’s _____ consists of its suppliers, marketing intermediaries, customers, competitors, and publics

a)


marketing environment

b)

Macroenvironment

c)


business environment

d)

Microenvironment

4.

The baby boomer generation is made up of the period _____.

a)

1960-1971

b)

1980s

c)

1946-1964

d)

1920-1929

5.

There are three trends in the natural environment that marketers are monitoring. These are _____, _____, and _____.

a)

the green movement; shortages of raw materials; increased pollution

b)

shortages of raw materials; increased legislation; increased consumerism

c)

increased consumerism; increased population; increased ethical expectations

d)

increased pollution; increased government intervention; shortages of raw materials

6.

The “shop until you drop” mentality of the 1990s has been replaced with a more _____ approach

a)

“save all you can”

b)

“splurge regularly”

c)

“value is key”

d)

“don’t shop at all”

7.

A company has several options with regard to its marketing environment. A strong company takes a(n) _____ approach

a)

ingenuous

b)

proactive

c)

peaceful

d)


reactive

8.

In exercising their corporate social responsibility and building a more positive image, companies are now linking themselves to worthwhile causes. This is referred to as _____

a)

cause-related marketing

b)

Engel’s Law

c)

marketing concept

d)

marketing mix

9.

Banks, insurance companies, and credit companies that aid in financial transactions are called __________.

a)


marketing services agencies

b)

financial intermediaries

c)

physical distribution firms

d)

positioning

10.

Which of the following are included in the major forces affecting a company’s macroenvironment?

a)

cultural, political/legal, economic

b)

baby boomers, minimum wage rates, product/service

c)

marketing mix, positioning, price

d)

marketing concept, goal setting, cultural

11.

The objective of ________ research is to gather preliminary information that will help define the problem and suggest hypotheses

a)

descriptive

b)

primary

c)

exploratory

d)

causal

12.

Which of the following statements regarding marketing intelligence is true?

a)

The advantage of using competitive intelligence is negligible

b)

All marketing intelligence is available for free

c)

Marketing intelligence relies upon privately held information

d)

Marketing intelligence gathering is more focused on gaining insights into consumer activities than competitors' activities

e)

Marketing intelligence relies upon publicly available information

13.

________ is the systematic collection and analysis of publicly available information about consumers, competitors, and developments in the marketing environment

a)

Marketing data

b)

Competitive intelligence

c)

Marketing intelligence

d)

Sales management

e)

Customer intelligence

14.

Four common sources of internal data include the accounting department, operations, the sales force, and the ________.

a)

stockholders

b)


competition

c)

owners

d)

marketing department

15.

_______ is the systematic design, collection, analysis, and reporting of data relevant to a specific marketing situation facing an organization.

a)

Marketing research

b)

Marketing intelligence

c)

Competitive intelligence

d)


The marketing information system

16.

Which of the following is NOT considered a source of marketing intelligence?

a)

activities of competitors

b)

resellers

c)

key customers

d)


causal research

e)

suppliers

17.

Causal research is used to ________.

a)

quantify observations that produce insights unobtainable through other forms of research

b)

uncover information at the outset in an unstructured way

c)


test hypotheses about cause-and-effect relationships

d)


describe marketing problems or situations

e)

gather preliminary information that will help define problems

18.

What is the first step in the marketing research process?

a)

developing a marketing information system

b)

developing the research plan for collecting information

c)

defining the problem and research objectives

d)

hiring an outside research specialist

e)

implementing the research plan

19.

Which step in the four-step marketing research process has been left out of the following list: defining the problems and research objectives, implementing the research plan, and interpreting and reporting the findings?

a)

developing the research plan

b)

developing the research budget

c)

choosing the research method

d)

comparing and contrasting primary and secondary data

e)

choosing the research agency

20.

A marketing information system (MIS) consists of people and procedures to assess information needs, ________, and help decision makers analyze and use the information

a)

critique the needed information

b)

experiment to develop information

c)

question the needed information

d)

develop the needed information

e)

test market the information