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Practice for first midterm comprised of in-class quizzes

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BA310 -- Midterm 1 Practice

Frage 1 von 12

1

The Boston Consulting Group growth-share matrix classifies four types of Strategic Business Units (SBU's). They are ___, ___, ___, and ___.

Wähle eine der folgenden:

  • product; price; promotion; placement

  • sales; market share; price; promotion

  • stars; cash cows; question marks; dogs

  • planning; implementing; leading; controlling

  • market penetration; market development; product development; diversification

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Frage 2 von 12

1

Which of the following involves adapting a firm to take advantage of opportunities in its constantly changing environment?

Wähle eine der folgenden:

  • long-range planning

  • short-range planning

  • media planning

  • strategic planning

  • annual planning

Erklärung

Frage 3 von 12

1

Which of the following is a useful tool for identifying growth opportunities?

Wähle eine der folgenden:

  • a socket wrench

  • the business portfolio

  • the product/market expansion grid

  • the value chain

  • the value delivery network

Erklärung

Frage 4 von 12

1

Which of the following is the process of dividing a market into distinct groups of buyers with different needs, characteristics, or behaviors?

Wähle eine der folgenden:

  • market targeting

  • market segmentation

  • positioning

  • marketing strategy

  • differentiation

Erklärung

Frage 5 von 12

1

All of the groups within a company are called the ___.

Wähle eine der folgenden:

  • culture

  • diversity

  • internal environment

  • climate

  • range

Erklärung

Frage 6 von 12

1

Which of the following terms is used to describe the factors and forces outside marketing that affect marketing management's ability to build and maintain successful relationships with target customers?

Wähle eine der folgenden:

  • the marketing environment

  • the cultural environment

  • strategic planning

  • target markets

  • the marketing mix

Erklärung

Frage 7 von 12

1

Despite the data glut that marketing managers receive, they frequently complain that they lack ___.

Wähle eine der folgenden:

  • enough information of the right kind

  • timely information

  • accurate information

  • reliable information

  • valid information

Erklärung

Frage 8 von 12

1

Which step in the four-step marketing research process has been left out of the following list: defining the problems and research objectives, implementing the research plan, and interpreting and reporting the findings?

Wähle eine der folgenden:

  • developing the research budget

  • choosing the research agency

  • choosing the research method

  • developing the research plan

  • comparing and contrasting primary and secondary data

Erklärung

Frage 9 von 12

1

___ is never simple, yet understanding it is the essential task of marketing management.

Wähle eine der folgenden:

  • Brand personality

  • Consumption pioneering

  • Consumer buying behavior

  • Early adoption

  • Understanding the difference between primary and secondary data

Erklärung

Frage 10 von 12

1

Marketing stimuli consist of the four Ps. Which is NOT one of these?

Wähle eine der folgenden:

  • product

  • promotion

  • price

  • productivity

  • place

Erklärung

Frage 11 von 12

1

Opinion leaders are sometimes referred to as ___.

Wähle eine der folgenden:

  • the influentials

  • the upper uppers

  • the middle class

  • buzz marketers

  • networkers

Erklärung

Frage 12 von 12

1

The starting point of understanding a consumer's response to various marketing efforts is the ___ of a buyer's behavior?

Wähle eine der folgenden:

  • belief

  • sub-culture

  • post-purchase feeling

  • stimulus-response model

  • post-purchase dissonance

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