Question 1
Question
What is the primary factor that marketers must consider when allocating funds to the promotional budget?
Question 2
Question
Marketers often develop and publish a promotional calendar of events in order to use the calendar as a(n)
Answer
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pricing document.
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policy guide.
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advertising tool.
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operating system.
Question 3
Question
Which of the following is an example of coordinating promotional activities:
Answer
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A business advertises a product and mails free samples to consumers.
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A business develops an annual schedule for window displays.
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A famous athlete endorses a product in television and magazine ads.
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Members of the distribution channel share advertising costs.
Question 4
Question
A business coordinates its advertising, visual merchandising, and special events in order to
Answer
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develop policies.
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forecast sales.
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attract customers.
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improve relations.
Question 5
Question
When should sport/event organizers consider hiring a promotional agency?
Answer
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Before corporate sponsors have been secured
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If a large event, like a concert, is scheduled in many cities over time
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After a small event has established a positive reputation
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Upon hiring additional personnel to oversee promotional efforts
Question 6
Question
A business that uses advertised specials to attract customer interest should use store displays to __________
that interest.
Answer
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reinforce
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overcome
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surmount
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displace
Question 7
Question
Which of the following might a business lose if it fails to inform its employees about the goods and services
being promoted:
Answer
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Sales
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Image
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Basics
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Credit
Question 8
Question
Many businesses coordinate a wide variety of promotional activities, such as advertising, special events, and displays, in order to accomplish which goal?
Question 9
Question
A small start-up that sells its products to other businesses might consider allocating a large portion of its promotional budget to which activity?
Answer
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Publicity
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Advertising
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Research
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Personal selling
Question 10
Question
When preparing promotional budgets, a guideline to follow is to keep them flexible due to budgets serve as which component?
Answer
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Concepts
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Objectives
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Forecasts
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Techniques
Question 11
Question
For which situation might a business decide to increase the percentage of net sales allocated to its promotional budget?
Answer
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Radio stations are charging more.
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Suppliers want more coverage.
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Consumers want more coupons.
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Competitors are spending more.
Question 12
Question
A business made $2.5 million in sales this year, and estimates a 5% increase in sales for the coming year. If the company allocates 10% of expected sales for promotional activities, how much would be allocated for next year's promotion?
Answer
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$262,500
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$255,000
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$250,000
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$265,500