Marketing Quiz

Descrição

Just a little quiz to help gauge what you retained thus far
Jorge Zepeda
Quiz por Jorge Zepeda, atualizado more than 1 year ago
Jorge Zepeda
Criado por Jorge Zepeda mais de 8 anos atrás
4
0

Resumo de Recurso

Questão 1

Questão
What is included in the "marketing mix" (4 P's)?
Responda
  • Promotion
  • People
  • Place
  • Production
  • Price
  • Product/Service

Questão 2

Questão
Customers have ________ and ___________
Responda
  • dreams, ideas
  • wants, money
  • no money, needs
  • wants and needs
  • lots of wants, lots of money

Questão 3

Questão
Customers needs => functional => volume
Responda
  • True
  • False

Questão 4

Questão
Customers wants => psychological => margins
Responda
  • True
  • False

Questão 5

Questão
The exchange of product and services is effect by what?
Responda
  • Consumer disposable income
  • Customers' wants and needs
  • PESTE
  • None of the above

Questão 6

Questão
What is the goal for the the exchange of product/services?
Responda
  • To maximize customer satisfaction for customer needs
  • To maximize customer satisfaction for customer wents
  • To maximize customer satisfaction for both wants and needs
  • None of the above

Questão 7

Questão
What should you always do first when entering a market?
Responda
  • Analysis customer wants and needs
  • Market Segmentation
  • PESTE analysis
  • None of the above

Questão 8

Questão
What makes up "PESTE"?
Responda
  • People
  • Excellence
  • Political/legal factors
  • Supply and Demand
  • Time
  • Techonology
  • Process improvement
  • Economic factors
  • Social factors
  • Environmental factors

Questão 9

Questão
What are the types of international marketing?
Responda
  • Multi-domestic
  • Glocal
  • Regional
  • Global
  • All of the above?

Questão 10

Questão
What two things affect the type of market a firm is (as in Global, Multi-domestic, regional, glocal)?
Responda
  • Integration
  • Process Capacity
  • Firm's Vision
  • Responsiveness

Questão 11

Questão
What where the issues in the Microsoft "works" case?
Responda
  • Toggle Switch
  • Picky Customers
  • File Conversions
  • Language
  • Timing
  • All of the above

Questão 12

Questão
SOHO stands for: Small Office-Home Office
Responda
  • True
  • False

Questão 13

Questão
Segmentation is what?
Responda
  • Grouping people who have similar relevant benefits together
  • Grouping people together who have different relevant benefits
  • Grouping people who have similar relevant benefits together who are willing and able to buy
  • None of the above

Questão 14

Questão
What does "SAM" stand for? (in relation to segmentation)
Responda
  • Sustianable-Accessible-Measurabl
  • Sustainable-Accurate-Measurable
  • Substantial-Accessible-Marginal
  • Substantial-Accessible-Measurable
  • None of the above

Questão 15

Questão
Differentiation is finding superiority over competitors on some benefits/attributes relevant to the cusomter
Responda
  • True
  • False

Questão 16

Questão
Segmentation + Differentiation = ?
Responda
  • Target Market
  • Product Attributes
  • Product Niche
  • Positioning Strategy

Questão 17

Questão
What are the steps in positioing?
Responda
  • 1) Pick a target market. 2) Identify relevant benefits.3) Create a positioning map
  • 1) Create a positioning map. 2) Pick a target market. 3) Identify relevant benefits
  • 1) Identify relevant benefits. 2) Pick a target market. 3) Create a positiong map
  • None of the above

Questão 18

Questão
Price - Cost of Goods Sold = ?
Responda
  • Unit Contribution Margin
  • Break-even Volume
  • Net Income
  • Gross Margin

Questão 19

Questão
Unit Price - Unit VC = Unit Contribution Margin
Responda
  • True
  • False

Questão 20

Questão
? = Fixed Cost / Unit Contribution Margin
Responda
  • Gross Margin
  • Break-even Time
  • Break-even Volume
  • Retailer Margin
  • None of these

Questão 21

Questão
Time to Break-even = X / Y
Responda
  • x = breakeven volume, y = annual sales
  • x = annual sales, y = breakeven volume
  • x = fixed cost, y = unit contribution
  • x = unit contribution, y = fixed cost

Questão 22

Questão
Unit contribution is called a "contribution" because it contributes back to the fixed cost then if you break-even, it goes towards your profit
Responda
  • True
  • False

Questão 23

Questão
When should "transfer prices" be low priced?
Responda
  • When duties and tariffs are higher
  • When making local subsidiaries more favorable/profitbal
  • Tax rate in foreign markets are higher than the US
  • Inflation in foreign market is higher than the US
  • Currency depreciation is unstable in foreign markets

Questão 24

Questão
When should "transfer prices" be priced higher?
Responda
  • When duties and tariffs are high
  • When its better to make local subsidiaries more favorable/profitable
  • When tax rates in foreign markets are higher than the US
  • When inflation in foreign markets is higher than the US
  • When foreign markets currency depreciation in unstable
  • If repatriation of profits is restrictedd

Questão 25

Questão
Segmentation is breaking a market into subgroups that behave the same way with respect to your product/service
Responda
  • True
  • False

Questão 26

Questão
What variables are used to "segment" a market?
Responda
  • Demographics
  • Psychographics
  • Attitudes
  • Interest
  • Opinions
  • All of these

Questão 27

Questão
What has to exist for segmentation to work?
Responda
  • SAM (Substantial, Accessible, Measurable)
  • Large market share
  • A strong positioning strategy
  • None of these

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