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Marketing Recap Chap 1

Total questions: 10

Worksheet time: 4mins

Name
Class
Date
1.

Which value proposition is difficult to sustain in the long​ run?

a)

More for less

b)

More for more

c)

The same for less

d)

More for the same

2.

________ are collections of info obtained from data sources within the​ company's network.

a)

Causal research reports

b)

Internal databases

c)

Marketing information systems

d)

Exploratory research reports

3.

Competitive marketing intelligence uses​ ________ data sources.

a)

expensive

b)

internal

c)

publicly available

d)

competitor's internal

4.

Which of the following proposals is not a secondary data source?

a)

Observations in a research laboratory.

b)

The Ipsos consumer panels.

c)

Studies by the INS (Institut National de la Statistique).

d)

The magazine “60 millions de consommateurs”.

5.

Companies like​ IBM, Walmart, and Intel now look beyond economic gain​ and, in their marketing strategies they also consider the​ well-being of​ customers, the depletion of natural​ resources, the viability of​ suppliers, and the interests of the local community. This reflects which marketing​ philosophy?

a)

The selling concept

b)

 The societal marketing concept

c)

The product concept

d)

The production concept

6.

True or False?: A wide range of items, including public figures, images, logos, musical bands, services, and products, can be bought and sold.

a)

False

b)

True

7.

Within the Marketing process, concrete decisions relating to products, prices, distribution and communication strategies are part of:

a)

the strategic planning

b)

the operational marketing

c)

the control phase

d)

the construction of the marketing strategy

8.

True or False: Customer is who pays the price and Consumer is the one that consumes the product. Sometimes it's the same person but no every time.

a)

True

b)

False

9.

The abbreviation MIS stands for Marketing Intelligence System

a)

True

b)

False

10.

PERCEIVED VALUE is the perception by customers of what they get (PERCEIVED BENEFITS) for what they give (PERCEIVED COSTS)

a)

True

b)

False