Marketing in the 21st Century - Chapter 2 Practice Quiz

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Practice Quiz for Marketing in the 21st Century
cdimock
Quiz por cdimock, atualizado more than 1 year ago
cdimock
Criado por cdimock mais de 8 anos atrás
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Resumo de Recurso

Questão 1

Questão
Which of the following is not a factor primarily con- trolled by top management?
Responda
  • Advertising strategy
  • Line of business
  • Role of marketing
  • Overall objectives

Questão 2

Questão
When it is considered important by a firm, marketing is
Responda
  • equated with sales.
  • given staff status.
  • heavily involved in consumer research.
  • controlled by a production vice-president.

Questão 3

Questão
In selecting a target market, marketers usually
Responda
  • engage in market segmentation.
  • ignore competitors.
  • control the marketing plan.
  • determine the marketing mix.

Questão 4

Questão
Which of the following is not a form of marketing organization?
Responda
  • Coordinated
  • Functional
  • Product-oriented
  • Market-oriented

Questão 5

Questão
Product, price, promotion, and distribution decisions are components of the
Responda
  • marketing philosophy.
  • marketing protocol.
  • marketing mix.
  • marketing organization.

Questão 6

Questão
Whether to sell via intermediaries or directly to con- sumers, how many outlets to sell through, and wheth- er to control or cooperate with other channel members are examples of decisions marketers must make about
Responda
  • selling.
  • production.
  • distribution.
  • price.

Questão 7

Questão
The most effective approach to the uncontrollable fac- tors in the marketing environment is
Responda
  • constantly reorganizing the marketing organization.
  • product innovation.
  • insulating the marketing plan from them.
  • continuous monitoring of their effects.

Questão 8

Questão
In a monopoly, one firm
Responda
  • finds that consumer demand is quite elastic.
  • seeks to engage in price wars.
  • has no control over price because merchandise is standardized.
  • has a lot of control over the marketing plan.

Questão 9

Questão
Where a few large firms comprise most of an industry’s sales, the competitive structure is best described as
Responda
  • monopolistic competition.
  • monopoly.
  • oligopoly.
  • competitive monopoly.

Questão 10

Questão
A firm has the least control over its pricing strategy in
Responda
  • monopolistic competition.
  • pure competition.
  • oligopoly.
  • monopoly.

Questão 11

Questão
Which of these statements is not correct?
Responda
  • It is necessary to study the competitive strategies of other firms.
  • There is now a trend toward larger firms.
  • Pure competition occurs much less often than does monopolistic competition.
  • Foreign competitors now play a declining role in many industries.

Questão 12

Questão
When a firm defines its competition in generic terms, it
Responda
  • focuses on patent expiration dates.
  • analyzes the competitive structure within a specific industry.
  • looks at competition as broadly as possible.
  • examines its existing channel partners.

Questão 13

Questão
Which type of competition most closely resembles generic competition?
Responda
  • Intermodal competition
  • Bimodal competition
  • Direct competition
  • Indirect competition

Questão 14

Questão
Which statement about technology is true?
Responda
  • Small firms can control the technological advances that affect them.
  • Technology cannot reduce the impact of resource shortages.
  • Loss of patent protection decreases competition.
  • Patents provide exclusive rights to sell new prod- ucts for virtually limited time periods.

Questão 15

Questão
To attain its objectives, a firm is well advised to
Responda
  • acquire feedback from the environment.
  • maintain its existing strategies at all costs.
  • ignore uncontrollable factors.
  • bypass the independent media entirely.

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