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WorksheetsQuiz 1 - Marketing Environment
Total questions: 20
Worksheet time: 20mins
Dan has been directed to study the forces close to a company that affect its ability to serve its customers, such as the company, suppliers, marketing intermediaries, customer markets, competitors, and publics. In this instance, Dan has been directed to study the ________ of the company.
macroenvironment
microenvironment
technological environment
demographic environment
political environment
Which of these categories do you think the COVID-19 pandemic should fit into?
macroenvironment
marketing orientation
microenvironment
target markets
corporate environment
Which of the following is a component of a firm's microenvironment?
customer demographics
economic recessions
population shifts
marketing intermediaries
technological changes
Naya works with suppliers to ensure her firm has a steady stream of products for sale. Which of these categories is she working with in her role?
macroenvironment
microenvironment
internal environment
marketing mix
marketing intermediaries
Jamal works with the finance department to help them develop sales forecasts so they can project the firm’s financing needs. Which of these environmental actors does this relationship represent?
cultural
economic
company
political
technological
Which of these environmental actors helps the firm promote and sell products?
accounting
finance
purchasing
marketing intermediaries
Research & development
________ provide the resources needed by a company to produce its goods and services.
Retailers
Marketing services agencies
Resellers
Suppliers
Stephens Inc. provides the firm with a short-term line of credit since most of the firm’s sales are seasonal. Stephens Inc. is a .
financial intermediary
supplier
retailer
customer
local public
________ include households, other businesses, resellers, and government entities.
Customers
Physical distribution firms
Competitors
Marketing services agencies
Suppliers
Maria works for Sigma Inc., a firm that helps companies target and promote their products to the right markets. Sigma is most likely a ________.
financial intermediary
physical distribution firm
marketing services agency
reseller
wholesaler
LandPort Transportation and Omega Warehousing help companies move and stock goods from their manufacturing plants to their destinations. These two businesses are examples of ________.
resellers
marketing services agencies
financial intermediaries
physical distribution firms
wholesalers
Keysha works for a firm that buys products from manufacturers and sells them on Amazon for a small markup. She works for a .
reseller
marketing services agency
financial intermediary
physical distribution firm
business market
Which of these groups includes consumer organizations and environmental groups?
financial publics
local publics
general publics
citizen-action publics
Which of the following is true with regard to media publics?
The primary function of this group is to protect the interests of minority groups.
This group carries news, features, and editorial opinion.
The primary function of this group is to critique the marketing decisions of companies.
This group includes neighborhood residents and community organizations.
This group directly influences the company's ability to obtain funds.
A company's marketing decisions may be affected by the overall public’s attitude toward the company’s products. This group is also known as the _____ ___.
media publics
local public
general public
citizen-action publics
internal publics
A consumer organization in Ohio has challenged the marketing decision of a local firm alleging it to be against the larger social interest. In this instance, the firm is challenged by a(n) ________ public.
internal
general
government
citizen-action
media
Cape Sky Inc., an international insurance and financial services company, is the primary sponsor of the annual New York City Marathon, which is attended by over one million fans and watched by approximately 300 million viewers worldwide. The Cape Sky logo and name are displayed throughout the racecourse. Cape Sky most likely sponsors this event in order to appeal to which of the following types of publics?
financial publics
citizen-action publics
government publics
general publics
Laquan works with product quality and various regulatory agencies to ensure the firm’s products are toddler safe and comply with federal law. He works with the publics.
general
internal
government
citizen-action
media
________ markets buy goods and services for further processing.
Business
Reseller
Wholesale
Consumer
Retail
JBC Industries often contributes money to help build community centers. JBC is working with publics.
government
internal
financial
local
citizen-action
