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Chapter 10 MKTNG review

Frage 1 von 26

1

The decision an organization makes to use a name, phrase, design, symbol, or combination of these to identify its products and distinguish them from those of competitors is called:

Wähle eine der folgenden:

  • licensing.

  • branding.

  • copyrighting.

  • trademarking.

  • product identification.

Erklärung

Frage 2 von 26

1

A difference between informational labeling and persuasive labeling is that informational labeling:

Wähle eine der folgenden:

  • focuses on a promotional theme or logo rather than consumer information.

  • increases a consumer's cognitive dissonance after the purchase.

  • helps a consumer make proper product selections.

  • gives the impression of environmental friendliness to a product.

Erklärung

Frage 3 von 26

1

A number of yogurts are marketed under the Duncen brand, including Duncen All Natural, Duncen Fruit on the Bottom, Duncen Light & Fit, DunActive, and Dun-o-nino. The large variety of yogurts under the Duncen brand is an example of a:

Wähle eine der folgenden:

  • brand equity

  • product mix

  • product item

  • promise index

Erklärung

Frage 4 von 26

1

Which of the following is true of product lines?

Wähle eine der folgenden:

  • They mandate a separate marketing strategy for each line.

  • They provide economies of scale in advertising.

  • They involve greater transportation and warehousing costs than product items.

  • They help distinguish each version of a product from the others offered by a company.

Erklärung

Frage 5 von 26

1

When deciding on distribution plans for specialty products, companies generally ensure that the items are:

Wähle eine der folgenden:

  • made directly available to a consumer through a salesperson, direct mail, or direct response advertising.

  • relatively inexpensive and merit little shopping effort.

  • always marketed as unsought products.

  • distributed to only a few stores in a geographic area.

Erklärung

Frage 6 von 26

1

Which of the following is true of an express warranty?

Wähle eine der folgenden:

  • It gives the impression of environmental friendliness to a product.

  • It contains an unwritten guarantee about the performance of a product.

  • It prohibits other firms from using a brand or part of a brand without permission.

  • It ranges from simple statements to extensive documents written in technical language.

Erklärung

Frage 7 von 26

1

Which of the following is true of an implied warranty?

Wähle eine der folgenden:

  • It prohibits other firms from using a brand or part of a brand without permission.

  • It identifies the brand of a part that makes up the product.

  • It ranges from simple statements to extensive documents written in technical language.

  • It comes with the sale of every product under the Uniform Commercial Code.

Erklärung

Frage 8 von 26

1

Elsem Foods is a manufacturer of food and beverages. It manufactures several varieties of foods like potato chips, cupcakes, candies, crackers, fruit juices, and carbonated drinks. It introduced a new line of baked potato chips in different flavors. It receives its largest profit from its newly introduced line of hundred percent fruit juices that are available in different flavors, such as orange, apple, litchi, cranberry, and so on. Which of the following is a product item of Elsem Foods?

Wähle eine der folgenden:

  • Baked potato chips

  • Cupcakes

  • Hundred percent orange juice

  • Beverages

Erklärung

Frage 9 von 26

1

Which of the following is considered an advantage of decreasing a product's quality?

Wähle eine der folgenden:

  • It gives manufacturers greater ability to raise prices for the product.

  • It allows manufacturers to appeal to target markets unable to afford the original product.

  • It motivates customers to replace worn out products.

  • It enhances the ease of coordinating promotion from market to market.

Erklärung

Frage 10 von 26

1

Which of the following is true of a specialty product?

Wähle eine der folgenden:

  • It is widely distributed in a geographic area in order to sell sufficient quantities to meet profit goals.

  • It is marketed using selective, status-conscious advertising that maintains its exclusive image.

  • It is bought only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility.

  • It is sold using aggressive personal selling as consumers do not seek out this type of product.

Erklärung

Frage 11 von 26

1

Compared to convenience products, shopping products are:

Wähle eine der folgenden:

  • sold through aggressive personal selling and highly persuasive advertising.

  • usually more expensive and are found in fewer stores.

  • purchased without significant planning.

  • available everywhere, including department stores, gas stations, and vending machines.

Erklärung

Frage 12 von 26

1

A mobile phone manufacturing company is said to functionally modify one of its products if it:

Wähle eine der folgenden:

  • introduces a sleek and stylish version of the mobile phone with the same specifications.

  • reduces the price of the mobile phone ahead of a sale.

  • introduces stylish headphones for the mobile phone.

  • releases a software update to fix the mobile phone's heating problem.

Erklärung

Frage 13 von 26

1

Which of the following statements is true about the naming strategies for products sold in the global market?

Wähle eine der folgenden:

  • A one-brand-name strategy is useful when a company markets mainly one product.

  • An advantage of using different brand names in different markets is greater identification of the product from market to market.

  • A one-brand-name strategy reduces the ease of coordinating promotion from market to market.

  • A disadvantage of using different brand names in different markets is that it does not support localization.

Erklärung

Frage 14 von 26

1

Which of the following is a difference between individual branding and family branding?

Wähle eine der folgenden:

  • Individual branding uses different brand names for different products, while family branding markets several different products under the same brand name.

  • Individual branding is used when products do not vary in use or performance, while family branding is used when products vary greatly in use or performance.

  • Individual branding identifies the brand of a part that makes up the product, while family branding identifies the entire product.

  • Individual branding is used when two brands receive equal treatment, while family branding is used when two brands borrow from each other's brand equity.

Erklärung

Frage 15 von 26

1

Why are many retailers creating and promoting their own captive brands?

Wähle eine der folgenden:

  • Captive brands carry evidence of a store's affiliation and are available everywhere.

  • Captive brands help to increase a company's presence in markets where it has little room to differentiate itself.

  • Captive brands allow retailers to ask a price similar or equal to manufacturers' brands.

  • Captive brands allow retailers to gain greater profits by marketing cheaper products under a brand name owned by them.

Erklärung

Frage 16 von 26

1

Which of the following is true of an unsought product?

Wähle eine der folgenden:

  • Marketers of unsought products often use selective, status-conscious advertising to maintain the product's exclusive image.

  • Consumers buy unsought products regularly, usually without much planning.

  • New products are categorized as unsought products until advertising and distribution increase consumer awareness of them.

  • Consumers usually buy an unsought product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility.

Erklärung

Frage 17 von 26

1

Zing is a soft drink which is available everywhere, including gas stations, department stores, and vending machines. Zing is an example of a(n) _____.

Wähle eine der folgenden:

  • unsought product

  • specialty product

  • convenience product

  • shopping product

Erklärung

Frage 18 von 26

1

Amy spends very little time to shop for bath soaps and beauty creams as she uses only the products offered by Eve’s Aura, a manufacturer of bath and beauty products. As Eve’s has a wide distribution network, its products are available in almost every retail outlet in Amy’s locality. In this scenario, the bath and beauty products from Eve’s Aura are examples of _____ products.

Wähle eine der folgenden:

  • specialty

  • convenience

  • business

  • shopping

Erklärung

Frage 19 von 26

1

Lisa goes to an electronic goods store to purchase a washing machine. After comparing the various brands of washing machines available, their functions, prices, and so on, she purchases one that is cheaper and smaller than the rest. In this case, Lisa has purchased a(n) _____.

Wähle eine der folgenden:

  • shopping product

  • business product

  • specialty product

  • unsought product

Erklärung

Frage 20 von 26

1

Frieda was disappointed to notice that her new phone had several scratches on its screen. If she had known about the clear protective films that were available to protect the phone display from scratches, she could have avoided this problem. For Frieda, the protective films were _____.

Wähle eine der folgenden:

  • convenience products

  • unsought products

  • specialty products

  • shopping products

Erklärung

Frage 21 von 26

1

_____ is a type of co-branding that occurs when two brands receiving equal treatment borrow from each other’s brand equity.

Wähle eine der folgenden:

  • Ingredient branding

  • Cooperative branding

  • Complimentary branding

  • Family branding

Erklärung

Frage 22 von 26

1

_____ labeling is designed to help consumers make proper product selections and lower their cognitive dissonance after the purchase.

Wähle eine der folgenden:

  • Informational

  • Persuasive

  • Perspective

  • Instructional

Erklärung

Frage 23 von 26

1

Daily Fresh is a multinational food and beverage company. One of the new products that Dairy Rich intends to introduce includes fiber added to chocolate. The packages will include data that each chocolate bar contains five grams of fiber and the various health benefits of including more fiber in one’s diet. In this case, Daily Fresh intends to use _____.

Wähle eine der folgenden:

  • informational labeling

  • persuasive labeling

  • individual branding

  • family branding

Erklärung

Frage 24 von 26

1

_____ is when a product or company attempts to give the impression of environmental friendliness whether or not it is environmentally friendly.

Wähle eine der folgenden:

  • Greenwashing

  • Green hosting

  • Astroturfing

  • Cooperative branding

Erklärung

Frage 25 von 26

1

Ecstasy Inc. is a Canada-based food and beverage company. The company has decided to market and sell its products in all European countries under the same brand name. In this scenario, Ecstasy Inc. has decided to use the _____.

Wähle eine der folgenden:

  • complimentary branding strategy

  • co-branding strategy

  • one-brand-name strategy

  • individual branding strategy

Erklärung

Frage 26 von 26

1

A(n) _____ strategy is not possible when the brand name has a negative or vulgar connotation in the local language.

Wähle eine der folgenden:

  • repositioning

  • one-brand-name

  • co-branding

  • individual branding

Erklärung

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