POB 3.01-3.02 Review

Description

High School Principles of Business Quiz on POB 3.01-3.02 Review, created by Tara McDonald on 03/02/2017.
Tara McDonald
Quiz by Tara McDonald, updated more than 1 year ago
Tara McDonald
Created by Tara McDonald over 7 years ago
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Resource summary

Question 1

Question
A business that writes letters to customers to confirm their orders or requests should make sure that the letters contain:
Answer
  • product ratings and grades.
  • all the necessary information.
  • exchange rates.
  • a map of all business locations.

Question 2

Question
The primary reason customers give for not returning to a business is a lack of:
Answer
  • courtesy from salespeople.
  • available parking.
  • advertised merchandise.
  • customer-service personnel.

Question 3

Question
The primary reason the business benefits when salespersons practice good customer relations is that it:
Answer
  • develops repeat customers.
  • prevents customer objections.
  • promotes quality service.
  • segments the business's market.

Question 4

Question
It is easier for employees to develop positive customer/client relations if employees understand that each customer is:
Answer
  • a possible problem.
  • a unique individual.
  • in a hurry.
  • like most others.

Question 5

Question
The Anderson Convenience Store charged a customer with trying to cash a bad check and with using an expired credit card. The customer was engaged in what type of fraud?
Answer
  • point-of-sale
  • price-ticket switching
  • short-change
  • internal theft

Question 6

Question
When manufacturers give back part of the purchase price of an item to the customer, the manufacturers are engaged in:
Answer
  • price fixing.
  • non-price competition.
  • clearance sales.
  • offering rebates.

Question 7

Question
Which would customers need to present at the time of purchase to get money taken off the purchase price of the item?
Answer
  • rebate certificates
  • refund checks
  • discount coupons
  • sales receipts

Question 8

Question
Which is an example of ethical business behavior?
Answer
  • using advertisements to confuse customers
  • disclosing partial information about products
  • testing products to ensure they are safe to use
  • accepting a bribe from a prominent customer

Question 9

Question
The owner of a small company decides to stock a new product. Which business activity should the owner use to inform potential customers about the new product?
Answer
  • finance
  • marketing
  • management
  • production

Question 10

Question
According to the marketing concept, which option demonstrates customer orientation?
Answer
  • finding out what a buyer wants
  • researching a firm's competitors
  • convincing a buyer to buy
  • advertising the features of a product

Question 11

Question
Which would probably result if a business reduced its marketing costs?
Answer
  • increased costs of production
  • decreased variety of consumer goods
  • increased consumer awareness of goods and services
  • decreased need for customer contact with businesses

Question 12

Question
A travel agency usually offers vacation packages starting at $499. The manager has determined that its operating expenses have increase and will increase the additional markup to 35%. What will the new starting price for the vacation packages be?
Answer
  • $74.65
  • $174.65
  • $374.65
  • $673.65

Question 13

Question
Pop-up advertisements for video games appear whenever Amy visits a website of a sports store. This is an example of which marketing function?
Answer
  • Distribution
  • Promotion
  • Product
  • Price

Question 14

Question
Carnival Cruise Lines now offers 20 ounce bottles of water instead of the 12 ounce bottles it previously sold. This is an example of which marketing function?
Answer
  • Product
  • Price
  • Place
  • Promotion

Question 15

Question
Which function of marketing is involved with communicating directly with potential customers in order to determine and satisfy their needs and wants?
Answer
  • Pricing
  • Selling
  • Distribution
  • Product/Service Management

Question 16

Question
Foster is over product and service quality control at the factory where he works. The quality of which of these is more difficult to control?
Answer
  • Products
  • Services

Question 17

Question
A housewife that buys fresh cheese from the local dairy is using what type of channel of distribution?
Answer
  • Direct
  • Indirect

Question 18

Question
What should be the main focus of marketing?
Answer
  • CEO
  • consumers
  • stockholders
  • publicity

Question 19

Question
BP Gas Station offers a combo meal for $3.29 at its locations within five miles of fast food restaurants. Which step of the marketing strategy have they performed?
Answer
  • Identify a marketing mix
  • Create a marketing mix
  • Identify a target market
  • Create a target market

Question 20

Question
Which is an example of personalized promotion?
Answer
  • Jade posted flyers for guests to be informed about her detox program.
  • Jade’s company sponsored a health fair.
  • Jade met with a couple to discuss the benefits of detoxing.
  • Jade presented a seminar to 3000 people to promote a detox program.

Question 21

Question
What marketing activity is taking place when a car dealership promotes their newest vehicle on the radio?
Answer
  • finding out about customers
  • offering the products customers want
  • establishing a price
  • communicating with customers
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