SEM II 4.01 Objective Quiz

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SEM II 4.01 Objective
Chad Collins
Quiz by Chad Collins, updated more than 1 year ago
Chad Collins
Created by Chad Collins almost 8 years ago
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Resource summary

Question 1

Question
Which is an important aspect to consider when a business begins to assess its marketing information needs?
Answer
  • Government
  • Competition
  • Production
  • Technology

Question 2

Question
Sports or event organizations maintain marketing information systems to be able to perform which activity?
Answer
  • Respond to customer need
  • Develop a wide range of databases
  • Distribute season tickets
  • Modernize old and outdated facilities

Question 3

Question
By maintaining marketing information systems, sports or event organizations can estimate demand and identify market trends by tracking buying behavior and which other activity?
Answer
  • Analyzing consumption patterns
  • Establishing standards
  • Tabulating quotients
  • Qualifying distribution channels

Question 4

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

Question 5

Question
Knowing where customers are located can help a business decide on which component?
Answer
  • The prices that are the most popular
  • How to package products
  • How to inventory stock
  • Distribution channels to use

Question 6

Question
When assessing marketing-information needs, the first step that a business should take is to perform which activity?
Answer
  • Select the research tools
  • Analyze the restaurants
  • Identify the issue or problem
  • Conduct primary research

Question 7

Question
Secondary sources such as census reports, other government publications, trade magazines, or chambers of commerce are excellent sources for obtaining which information? A B
Answer
  • Target markets
  • Competing products
  • Demographics
  • Business personnel
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