MKT 575 Final Exam (Newest)

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2. 1. In the _____ step of the new-product development process, a marketing manager evaluates how well the idea fits with the company's objectives. A. commercialization B. development C. screening D. idea generation 2. When Chase Bank mails a 30-day offer for a new pre-approved credit card with a $2,000 limit to a college student, this is an example of__________. A. mass selling B. indirect-response promotion C. direct-response promotion D. integration Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

3. 3. A firm with a marketing orientation is MOST likely to__________. A. view advertising as an unnecessary expense B. recognize that effective advertising is the key to sales C. not use any advertising D. advertise how a product meets customers' needs 4. of the following observations concerning sales analysis is NOT correct? A. There is no one best way to break down sales data. B. It is a detailed breakdown of a company's sales records. C. Data can easily be obtained from basic billing and accounts receivable procedures. D. Product category is the best way to analyze sales data. E. It is easy to do, and usually it's inexpensive. Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

4. 5. Managers should make operational decisions___________. A. on a month-to-month basis and never daily or weekly B. within the guidelines set down during strategy planning C. with great care as these decisions are the same as strategic decisions D. for the long-run to help formulate strategic plans 6. Find the final exam answers here click MKT 575 Final Exam (Newest) When Fresh Produce Wholesaler Inc. buys fruit and vegetables from a variety of different farmers and takes large bushels and breaks them into smaller package sizes. Fresh Produce is addressing__________. A. discrepancies of assortment B. discrepancies of quantity C. discrepancies of need D. discrepancies of time Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

5. 7. A(n) _______ is a marketing mix that customers see as better than a competitor's mix and cannot be quickly or easily copied. A. competitor analysis plan B. sustainable competitive advantage C. resource combination D. competitor matrix 8. Studies have shown that customers who weren't satisfied with response to their complaints__________. A. on average told ten people about their experience B. spoke about their experience only when prodded by researchers C. on average told one person about their experience D. usually never spoke about it Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

6. 9. Strategy decisions pertaining to product features, packaging, product line assortment, and branding will be most affected by which target market dimension? A. Geographic location B. Behavioral needs and attitudes of consumers C. Urgency to get need satisfied D. Demographic characteristics of potential customers 10. The Bijou Classic Movie House changes ticket prices as demand for a movie increases or decreases. Prices can change every hour as ticket sales go up or down for particular shows. Bijou Classic Movie House appears to be using___________. A. cumulative discounting B. seasonal discounts C. status quo objectives D. dynamic pricing Want to download the Complete Assignments of MKT 575….?? Click MKT 575 Complete Assignment Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

7. 11. All of the following are supply chain risks except: A. supplier viability B. stock market volatility C. availability of raw materials D. fluctuating transportation costs 12. Alpine Auto Repair keeps a record of customer oil changes and sends a reminder postcard to its customers when it's time for the next oil change. This is an example of a ______ system. A. customer relationship management B. qualifying dimensions C. geographic targeting D. clustering Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

8. 13. New products that are minor variations on existing products, and which require no change to consumer behavior, are called __________. A. second movers B. continuous innovations C. new products D. discontinuous innovation 14. Whitewater Corp. is looking for a new vendor for basic plastics because the present vendor has been inconsistent about meeting delivery schedules. Which of the following buying processes is the firm's purchasing agent MOST LIKELY to use? A. Selective buying B. Modified rebuy buying C. Straight rebuy buying D. Intensive buying Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

9. 15. When planning a marketing strategy, managers have control over__________. A. their response to forces in the external market environment B. the political and legal environment C. consumers D. the economic environment Complete paper here MKT 575 Entire Course 16. At Home Depot, a customer can purchase a gallon of one-coat paint that contains the ingredients for both a primer and a color. What is the primary economic need being satisfied by this type of paint? A. Improvement of earnings B. Convenience C. Dependability in use D. Economy of purchase Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

10. 17. In general, marketers that seek greater control over their marketing mixes in the international environment will__________. A. invest more financial resources and take greater risks B. set up traditional global channels C. hire more marketing managers D. use intensive distribution 18. A marketing manager wants to know why her sales are down. She talks with several sales reps and finds that a competitor has introduced a successful new product. This "research" seems to be part of___________. A. the situation analysis B. the data interpretation stage C. the problem solution stage D. obtaining problem-specific data Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

11. 19. Clairol Corp. is introducing a new brand of shampoo in a highly competitive market. Wholesalers might be willing to handle the new product, except that retailers are already complaining about overcrowded shelf space. Therefore, Clairol has decided to spend $10 million on TV advertising and send free samples to 3,000,000 households to convince consumers of the new product's superiority — and to get them to ask for it at their retail store. Clairol is using__________. A. a "pushing" policy B. direct marketing C. a "pulling" policy D. dual distribution 20. Brand recognition, brand preference, and brand insistence are various levels of __________. A. brand marks B. branding C. brand familiarity D. brand equity Click here to download the complete class of MKT 575 Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

12. 21. Firms develop _____ to promote fair and honest dealings with all stakeholders inside and outside of the organization. A. intermediaries B. codes of ethics C. marketing departments D. a marketing orientation E. marketing plans 22. The process of market segmentation involves__________. A. identifying broad product markets and segmenting then into narrower target markets B. identifying small target markets and expanding them into broad product markets C. selecting a marketing mix to reach everyone D. identifying target groups with the fewest potential customers Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

13. 23. The main difference between a "marketing strategy" and a "marketing plan" is that___________. A. a marketing plan does not include a target market B. a marketing strategy provides more detail C. time-related details are included in a marketing plan D. a marketing plan includes several marketing strategies 24. Which of the following is the most comprehensive goal of marketing contingency planning? A. understanding the changing internal and external environments B. preparing for any possible natural disasters C. remaining relevant in the eyes of customers and stakeholders D. meeting competitive challenges Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

14. 25. Which of the following advertising approaches delivers ads to consumers based on the interactions they exhibit in media such as Facebook, Pinterest, and Twitter? A. Behavioral targeting B. Click fraud C. Digital targeting D. Social targeting Want more details? Download now MKT 575 Complete Course 26. A marketer will likely need to reposition a product if__________. A. marketers see the product as very similar to other products in the market B. marketers see the product as distinct from other products in the market C. customers see the product as distinct from other products in the market D. customers see the product as very similar to other products in the market Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

15. 27. Vision Co. manufactures and sells tea, coffee, desserts, shoes, and sporting goods — all under the Vision brand name. These products are__________. A. sold with a family brand B. dealer brands C. the firm's product line D. generic products 28. Which of the following is a key trend affecting marketing strategy planning? A. Less international market development B. Growth of marketing information systems C. Slower new-product development D. Senior and ethnic submarkets are getting smaller. Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

16. 29. marketing auditor for a firm will most likely__________. A. develop marketing plans for the firm based on the current plans being implemented B. interview employees of the firm to determine the level of job satisfaction C. set company-wide objectives and targets in line with the marketing plan D. evaluate the marketing plans being implemented by the firm to see if they are still the best plans the firm can offer 30. Which of the following would be relevant in the marketing company era? A. bringing all marketing activities together under the control of one department B. planning for five or more years ahead C. focusing on production D. reselling goods to consumers and intermediaries Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /

17. About Author This article covers the topic for the University Of Phoenix MKT 575 Final Exam (Newest) the author is working in the field of education from last 5 years. This article covers the basic of MKT 575 Complete Course from UOP. Other topics in the class are as follows: MKT 575 Final Exam (Newest) Want to check other classes..?? Visit www.uopeassignments.com Copyright. All Rights Reserved by Copyright. All Rights Reserved by www.uopeassignments.com www.uopeassignments.com/ /