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Marketing 1 Semester 2 final Exam

Total questions: 82

Worksheet time: 42mins

Name
Class
Date
1.

The purpose of Digital Marketing is ...

a)

To encourage users to use mobile devices like mobile phones and mobile tablets

b)

To save time and effort in marketing

c)

Leverage on digital platform to promote and sell goods and services

d)

To protect the environment as print media is bad for the environment

2.

Email marketing is a digital marketing technique to

a)

Reach consumers directly via e-mail using text and rich media content

b)

Reach consumers by sending them brochures with our company email via postal service

c)

Display our email addresses on every print advertisements

d)

Using our website as marketing tool with our email address

3.

What is a a factor to ensure consistently good ranking on a search engine?

a)

Good passwords

b)

Good details

c)

Good users

d)

Good keywords

4.

The process of planning, pricing, promoting, distributing and selling ideas, goods, and services defines ________________.

a)

The market

b)

Marketing Concept

c)

Marketing Mix

d)

Marketing

5.

What term is defined by the four marketing strategies used to influence current and potential customers, also known as the 4 P's of Marketing?

a)

The marketing mix

b)

Tangible Product

c)

The marketing concept

d)

Consumer Market

6.

When an action (commercial, appearance) makes it look like a celebrity likes your product

a)

endorsement

b)

excitement

c)

consumer

d)

product

7.

A company who pays some or all of the costs involved in staging an event in exchange for advertising is a

a)

sponsor

b)

audience

c)

specialty

d)

actor

8.

The 4 P's of marketing include product, price, place, and what?

a)

prime location

b)

progressive marketing

c)

promotion

d)

production

9.

What is the information about the size and location of a market?

a)

market intelligence

b)

media research

c)

Product mix

d)

Product width

10.

What is a group of closely related products manufactured or sold by a business?

a)

Product item

b)

Product line

c)

Product mix

d)

Product groups

11.

What is reliability in marketing research

a)

The same thing as validity

b)

When a research technique produces identical results in repeated trials

c)

When questions measured what needed to be measured

d)

When all the survey questions are answered

12.

The first step in the marketing research process is?

a)

Obtaining data

b)

Applying the results

c)

Recommending solutions

d)

Defining the problem

13.

An advantage of using secondary data is?

a)

The existing data may not be suitable for the problem under study

b)

The data may be inaccurate

c)

The data is not obtained specifically for the issue

d)

The data can be obtained easily

14.

What is a specific type of brand mark, one with human form or characteristics?

a)

Full symbol

b)

Product name

c)

Group identification

d)

Trade character

15.

What is positioning products to compete directly with the products of other companies?

a)

Relation to the competition

b)

Relation to price and quality

c)

Relation to features and benefits

d)

Relation to products in a line

16.

What is the second step in business to business selling?

a)

Overcome objections

b)

Determine customer needs

c)

Present the product

d)

Approach customer

17.

An unsolicited call made by phone or in person is a __________. (5.4)

a)

cold call

b)

consumer call

c)

customer call

d)

client call

18.

Product Presentation is? (5.1)

a)

Closing the sale

b)

Observing the customer to see what they are looking at

c)

Educating customer on features and benefits of the product/service

d)

Greeting the customer

19.

When presenting a product to a customer, a salesperson should?

a)

Use jargon

b)

Use technical vocabulary

c)

Talk down to the customer

d)

Use simple, easy to understand language

20.

Observing facial expressions is an example of?

a)

Written communication

b)

Verbal communication

c)

Nonverbal communication

d)

Virtual communication

21.

What are the 3 methods of determining customer needs?

a)

Approach, Questioning, Open-ended questions

b)

Verbal, Consultative, Open-ended questions

c)

Verbal communication, Nonverbal communication, Written communication

d)

Observing, Listening, Questioning

22.

Beliefs that guide the way an individual lives are called _______.

a)

service

b)

judgments

c)

values

d)

thoughts

23.

Consumer behavior is the study of why, when, how, and where people obtain or use _______.

a)

businesses

b)

products

c)

stores

d)

managers

24.

There are 7 functions of marketing. Which function includes getting money that is necessary to set up or run a business?

a)

Promotion

b)

Financing

c)

Distribution

d)

Product/Service Management

25.

Which function of marketing includes an effort to inform, persuade, or remind potential customers about a product or service?

a)

Pricing

b)

Financing

c)

Promotion

d)

Selling

26.

Which function of marketing is providing customers with goods or services they choose to buy?

a)

Selling

b)

Promotion

c)

Financing

d)

Pricing

27.

What is the break-even point?

a)

total revenue = total expenses

b)

total revenue is greater than expenses

c)

total revenue is less than expenses

d)

a point on a graph that relates to sales

28.

Facts about the population that includes age, gender, location, and income is

a)

Demographics

b)

Marketing Mix

c)

Target Market

d)

Market Segmentation

29.

Target marketing is

a)

gathering and analyzing information about the size and location of a market

b)

potential group of customers a company can focus on, most likely to buy their product or service

c)

a group of people with common goods and services

d)

facts about a population

30.

B2B is...

a)

Buyer to Buisness

b)

Buisness to Buyer

c)

Buisness to Buisness

d)

Buyer to Buyer

31.

The centerpiece of the marketing strategy is

a)

Market Research

b)

Target Market

c)

SWOT Analysis

d)

Customer Profile Dimension

32.

What is the first step in the new product development process?

a)

Generate ideas

b)

Screen ideas

c)

Business Case Analysis

d)

Concept Testing

33.
Deciding on how goods get into customers’ hands.
a)
Selling
b)
Distribution
c)
Pricing
d)
Product service management
34.

A brief account of the key points contained in a marketing plan

a)

Executive Summary

b)

Mission Statement

c)

Company Description

d)

Vision Statement

35.

Identifying your target market makes it easier and more cost effective to ______.

a)

appeal to everyone

b)

push away unnecessary customers

c)

reach your potential customers

d)

sell your products to the masses

36.

Members of a target market have similar _______.

a)

wants

b)

wants, needs, & interests

c)

needs

d)

interests

37.

Tells you why your customer buys by providing information about their habits, hobbies, attitudes, beliefs, values, etc.

a)

demographics

b)

geographic

c)

psycholgraphic

d)

target marketing

38.

__________are used to identify customers with similar wants and needs.

a)

Geographic Data

b)

Customer Survey

c)

Behavioral Research

d)

Market Segmentations Methods

39.

__________are used to identify customers with similar wants and needs.

a)

Geographic Data

b)

Customer Survey

c)

Behavioral Research

d)

Market Segmentations Methods

40.
Apple consistently responds to consumer wants by modifying the iPhone with new features that help their daily lives.
a)
Selling
b)
Product Management
c)
Marketing Information Management
d)
Promotion
41.
If a customer bought a new iPhone phone 6s during first week of its release and Verizon gives them a free Otterbox case, this would be an example of which type of consumer promotion?
a)
Premiums
b)
Product Samples
c)
Incentives
d)
Promotional Tie-ins
42.
What involves the use of incentives or interest-building activities to stimulate traffic or sales?
a)
adverising
b)
sales promotion
c)
image
d)
preselling
43.

What is one advantage of word-of-mouth advertising mentioned in the text?

a)

It is expensive to implement.

b)

It spreads messages free of charge.

c)

It requires a large marketing team.

d)

It is less credible than traditional ads.

44.

Why are people more likely to act on word-of-mouth suggestions?

a)

They are less credible than ads.

b)

They are more credible than ads.

c)

They are more expensive than ads.

d)

They are less targeted than ads.

45.

How is word-of-mouth advertising targeted according to the text?

a)

It targets everyone equally.

b)

It targets people who find it irrelevant.

c)

It targets people who find it relevant or useful.

d)

It targets only through social media.

46.

What is the central concept in the Social Currency Wheel?

a)

Personal Value

b)

Financial Gain

c)

Social Media Presence

d)

Brand Loyalty

47.

What is one reason people like to talk about themselves and share their experiences?

a)

To gain financial benefits

b)

To influence what others think of them

c)

To avoid social interactions

d)

To reduce stress

48.

What is meant by "social currency" in the context of communication?

a)

Money used for social events

b)

A way to achieve positive impressions among peers

c)

A type of digital currency

d)

A method to save time in conversations

49.

Why do people like to share things that make them seem entertaining or in the know?

a)

To gain social currency

b)

To avoid boredom

c)

To reduce anxiety

d)

To increase their wealth

50.

What does "inner remarkability" refer to?

a)

Something usual and ordinary

b)

Something unusual, extraordinary, or worthy of notice

c)

Something that is common and unnoticed

d)

Something that is boring and uninteresting

51.

How does inner remarkability affect people who talk about it?

a)

It makes them seem ordinary

b)

It makes them seem remarkable

c)

It makes them seem uninteresting

d)

It makes them seem unnoticed

52.

How can news use the concept of "Inner Remarkability" to engage people?

a)

By reporting only positive stories.

b)

By making the consequences of an idea more extreme than expected.

c)

By focusing on celebrity gossip.

d)

By providing daily weather updates.

53.

What is one way to make a product remarkable according to the concept of "Inner Remarkability"?

a)

Make it more expensive than expected.

b)

Ensure it does something no one thought possible.

c)

Advertise it heavily on social media.

d)

Offer it in multiple colors.

54.

What type of topics can create engagement through "Inner Remarkability"?

a)

Everyday routines.

b)

Mysteries and controversies.

c)

Common knowledge facts.

d)

Simple instructions.

55.

How can mysteries and controversies contribute to a product's remarkability?

a)

They make the product less appealing.

b)

They create interest and discussion.

c)

They ensure the product is never used.

d)

They make the product more expensive.

56.

Why is it important for salespeople to assist customers with small decisions?

a)

To ensure customers buy the most expensive product

b)

To prevent losing the sale and possibly the customer

c)

To make the process faster

d)

To avoid having to talk to the customer again

57.

What are the five smaller decisions that must be made before a final purchase decision is reached?

a)

Need, product, place, price, time

b)

Brand, type, model, style, color

c)

Quality, quantity, size, shape, flavor

d)

Advertising, internet, friends, relatives, salesperson

58.

What is a major factor influencing the place decision for purchasing goods?

a)

Brand reputation

b)

Convenience

c)

Packaging

d)

Quality

59.

What sources can customers use to gather product information before making a decision?

a)

Advertising, manufacturers' materials, trade magazines

b)

Friends, relatives, salesperson

c)

Internet, promotional materials, trade magazines

d)

All of the above

60.

What factor might influence a customer to purchase from a business due to past positive experiences or personal connections?

a)

Product quality

b)

Promotion

c)

Loyalty

d)

Brand preference

61.

Which factor involves customers choosing businesses based on the quality of service provided after a purchase?

a)

Customer service

b)

Employees

c)

Recommendations

d)

Promotion

62.

How can e-commerce influence brand preference according to the text?

a)

By reducing the need for quality products

b)

By eliminating the need to travel for preferred brands

c)

By increasing the importance of customer service

d)

By enhancing employee interactions

63.

What is a potential effect of "word-of-mouth marketing" on customer decisions?

a)

It decreases the importance of product quality

b)

It strengthens the influence of recommendations

c)

It reduces the need for promotions

d)

It increases the significance of brand preference

64.

What is a primary consideration in most price decisions according to the text?

a)

Customer loyalty

b)

Product features and benefits

c)

Seasonal discounts

d)

Brand popularity

65.

Why might customers be willing to pay more for a product with a warranty?

a)

It guarantees a lower price

b)

It offers a guarantee for replacement or service

c)

It includes free shipping

d)

It is a limited edition

66.

What factor might cause a customer to delay a purchase decision?

a)

Immediate availability

b)

Need for additional information

c)

High customer service quality

d)

Low product uniqueness

67.

What is one advantage of purchasing a product right away?

a)

The product may become outdated

b)

The product may be unavailable in the future

c)

The customer may receive a discount if the product is on sale

d)

The customer may have more time to think

68.

What is the first step in assisting customers with buying decisions according to the document?

a)

Gain the customer's confidence

b)

Show genuine interest in helping the customer

c)

Determine if the customer needs help

d)

Be honest and sincere with the customer

69.

Which of the following is NOT a way to gain customer confidence?

a)

Demonstrating expertise on products

b)

Making promises that cannot be kept

c)

Demonstrating confidentiality

d)

Demonstrating friendliness and building rapport

70.

What should a salesperson demonstrate to make it easier to reach buying decisions?

a)

Insincerity

b)

Honesty and sincerity

c)

Aggressiveness

d)

Indifference

71.

How can you gain customers' confidence?

a)

By being dishonest

b)

By showing genuine interest

c)

By avoiding their questions

d)

By rushing the sale

72.

What is the purpose of points in gamification?

a)

To keep score and motivate progress

b)

To display achievements

c)

To rank participants

d)

To create challenges

73.

How do badges function in gamification?

a)

As digital or physical icons showing accomplishments

b)

As a way to level up

c)

As a method to earn points

d)

As a list of top performers

74.

What does a leaderboard show in a gamified system?

a)

Who has the most points, badges, or achievements

b)

The levels of all participants

c)

The number of challenges completed

d)

The total points earned by everyone

75.

What is an example of a challenge or quest in a school setting?

a)

A "Back-to-School Quest" for buying school supplies

b)

Earning points for reading books

c)

Completing science experiments for badges

d)

Ranking on a math leaderboard

76.

What is the purpose of feedback in gamification?

a)

To track progress through levels

b)

To let you know how you're doing

c)

To set personal goals

d)

To decide when you get rewards

77.

What are rewards in the context of gamification?

a)

Prizes for completing challenges

b)

Feedback messages

c)

Progress bars

d)

Reinforcement schedules

78.

Which system in gamification tracks your progress through levels, tasks, or achievements?

a)

Feedback loops

b)

Reinforcement schedules

c)

Progression systems

d)

Competition and collaboration

79.

How do feedback loops function in gamification?

a)

They track progress through levels

b)

They encourage good actions or correct mistakes

c)

They set personal goals

d)

They decide when you get rewards

80.

What is an example of a positive reinforcement in gamification?

a)

Losing points for missing a task

b)

Gaining 50 bonus points for completing a goal

c)

Having a time limit on a task

d)

Adding a story to a campaign

81.

What does adding a narrative mechanic to a campaign involve?

a)

Limiting time availability

b)

Adding a story or theme

c)

Offering discounts

d)

Using points and badges

82.

What is the main purpose of gamification according to the conclusion?

a)

To add games to real life

b)

To make things more interesting, motivating, and fun

c)

To develop video games

d)

To eliminate the need for creativity