Chad Collins
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SEM II 4.01 Objective

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Chad Collins
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SEM II 4.01 Objective Quiz

Question 1 of 7

1

Which is an important aspect to consider when a business begins to assess its marketing information needs?

Select one of the following:

  • Government

  • Competition

  • Production

  • Technology

Explanation

Question 2 of 7

1

Sports or event organizations maintain marketing information systems to be able to perform which activity?

Select one of the following:

  • Respond to customer need

  • Develop a wide range of databases

  • Distribute season tickets

  • Modernize old and outdated facilities

Explanation

Question 3 of 7

1

By maintaining marketing information systems, sports or event organizations can estimate demand and identify market trends by tracking buying behavior and which other activity?

Select one of the following:

  • Analyzing consumption patterns

  • Establishing standards

  • Tabulating quotients

  • Qualifying distribution channels

Explanation

Question 4 of 7

1

Businesses often ask for the zip code of customers at the checkout counter to obtain what information?

Select one of the following:

  • How often the customers visit the business

  • A geographic area for a direct-mail campaign

  • How much customers can pay for products

  • The average age of customers

Explanation

Question 5 of 7

1

Knowing where customers are located can help a business decide on which component?

Select one of the following:

  • The prices that are the most popular

  • How to package products

  • How to inventory stock

  • Distribution channels to use

Explanation

Question 6 of 7

1

When assessing marketing-information needs, the first step that a business should take is to perform which activity?

Select one of the following:

  • Select the research tools

  • Analyze the restaurants

  • Identify the issue or problem

  • Conduct primary research

Explanation

Question 7 of 7

1

Secondary sources such as census reports, other government publications, trade magazines, or chambers of commerce are excellent sources for obtaining which information?

A

B

Select one of the following:

  • Target markets

  • Competing products

  • Demographics

  • Business personnel

Explanation