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MARKETING 1.03

MARKETING 1.03. Practice Questions. What is one way that businesses use marketing information? . 1-To develop new products 2-To determine credit scores 3-To change economic trends 4-To prepare sales invoices . What is one way that businesses use marketing information? .

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MARKETING 1.03

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  1. MARKETING 1.03 Practice Questions

  2. What is one way that businesses use marketing information? 1-To develop new products2-To determine credit scores3-To change economic trends4-To prepare sales invoices

  3. What is one way that businesses use marketing information? 1-To develop new products2-To determine credit scores3-To change economic trends4-To prepare sales invoices

  4. What does continuously monitoring internal marketing information enable businesses to do? 1-Investigate competitors2-Identify problems3-Evaluate market share4-Analyze economic changes

  5. What does continuously monitoring internal marketing information enable businesses to do? 1-Investigate competitors2-Identify problems3-Evaluate market share4-Analyze economic changes

  6. What is one way that many businesses use the marketing information contained in sales reports? 1-To monitor expense accounts2-To qualify potential new customers3-To improve the effectiveness of salespeople4-To develop negotiating techniques

  7. What is one way that many businesses use the marketing information contained in sales reports? 1-To monitor expense accounts2-To qualify potential new customers3-To improve the effectiveness of salespeople4-To develop negotiating techniques

  8. By monitoring its sales and its customers' buying habits, what is a business often able to identify? 1-Popular products2-Research methods3-Economic resources4-Competitors' activities

  9. By monitoring its sales and its customers' buying habits, what is a business often able to identify? 1-Popular products2-Research methods3-Economic resources4-Competitors' activities

  10. XYZ Company noticed that the sales of iPads in blue have increased in sales.  What can be the business determine about the iPads? 1-Popular products2-Research methods3-Economic resources4-Competitors' activities

  11. XYZ Company noticed that the sales of iPads in blue have increased in sales.  What can be the business determine about the iPads? 1-Popular products2-Research methods3-Economic resources4-Competitors' activities

  12. What type of internal report would indicate to a business that sales for a specific product have dramatically dropped over the past three months? 1-Market demographics analysis2-Accounts payable summary3-Annual income statement4-Quarterly inventory status

  13. What type of internal report would indicate to a business that sales for a specific product have dramatically dropped over the past three months? 1-Market demographics analysis2-Accounts payable summary3-Annual income statement4-Quarterly inventory status

  14. What type of marketing data can a business obtain by reviewing its inventory reports and customers' invoices? 1-Product quality2-Customers' credit limits3-Customers' product preferences4-Actual market share

  15. What type of marketing data can a business obtain by reviewing its inventory reports and customers' invoices? 1-Product quality2-Customers' credit limits3-Customers' product preferences4-Actual market share

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