Business 1 - Introduction to Business » Spring 2020 » Chapter 16 Quiz

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Question #1
Interactive promotion
A.   is an increasingly important element of the personal selling mix.
B.   fails to build long-term relationships with customers.
C.   attempts to create a dialogue between buyers and sellers.
D.   transforms the approach from "working with" to "promoting to" customers.
Question #2
AutoPROS uses its website to target car parts stores and car owners and tell them of the benefits of using their long-lasting spark plugs. What strategy is AutoPROS using?
A.   push and pull strategies
B.   word-of-mouth strategy
C.   product placement strategy
D.   dialogue strategy
Question #3
The traditional promotion mix for a firm consists of the
A.   marketing intermediaries employed by the firm to create a supply value chain.
B.   various types of advertising media the firm selects to reach each specific target market.
C.   strategic mix of price, product, place, and advertising.
D.   advertising, personal selling, public relations, and sales promotion used to reach a target market.
Question #4
A promotional campaign begins by
A.   identifying a target market.
B.   determining a promotional budget.
C.   developing a unifying message.
D.   defining the objectives for each element of the promotion mix.
Question #5
Advertising to wholesalers and retailers by manufacturers to encourage them to carry their products is called
A.   trade advertising.
B.   institutional advertising.
C.   retail advertising.
D.   business-to-business advertising.
Question #6
Which of the following statements is the most accurate?
A.   Advertising does not really provide information to consumers; it merely persuades consumers to buy advertised products.
B.   Word of mouth is the most effective form of advertising
C.   Consumers don't remember good advertisements.
D.   Advertising helps pay for production costs of newspapers and magazines.
Question #7
A ________ is an endorsement from a customer praising a firm's product.
A.   testimonial
B.   viral message
C.   virtual endorsement
D.   news release
Question #8
The strategy of directing advertising and sales promotion toward consumers to stimulate them to request the products from their local retailers is called a
A.   pull strategy.
B.   segmentation strategy.
C.   product placement strategy.
D.   push strategy.
Question #9
Today's public relations departments
A.   are more actively listening to customers and helping to solve their problems.
B.   focus more on advertising and less on publicity.
C.   avoid relationships with the media and government officials.
D.   are downsizing as firms emphasize personal selling to promote their products.
Question #10
Compared to advertising, publicity offers the advantage of greater
A.   personal appeal.
B.   message repetition.
C.   believability.
D.   flexibility.
Question #11
Which of the following is a major strength of direct mail advertising?
A.   widespread acceptance by consumers
B.   ability to accurately target specific markets
C.   subject to few restrictions or regulations
D.   low cost
Question #12
Which of the following statements is the most accurate?
A.   Closing is the final and most important step in the selling process.
B.   Closing may involve getting the customer to agree to a trial close.
C.   Once a sales presentation is completed, the salesperson should attempt to close as quickly as possible before the customer expresses any doubts or concerns.
D.   If the salesperson has done a good job of qualifying prospects and has developed a strong presentation, then closing is the easiest step in the selling process.
Question #13
Firms with a very limited advertising budget would be very unlikely to use ________ advertising.
A.   Internet
B.   radio
C.   television
D.   outdoor
Question #14
The primary purpose of a pull strategy is to
A.   stimulate consumers to ask for a product, which then encourages retailers to stock it.
B.   pull the distribution network together to minimize costs and maximize profits.
C.   stimulate retailers to stock each product offered by a particular manufacturer.
D.   offer rebates and discounts to retailers and wholesalers.
Question #15
The goal of ________ is to inform and remind people in a target market about specific products, eventually persuading them to participate in an exchange.
A.   marketing loyalty
B.   market research
C.   market segmentation
D.   promotion
Question #16
Tiffany recently received poor service at a local restaurant. After dinner, Tiffany made her complaints public by placing them online. What is this a form of?
A.   public relations
B.   negative advertising
C.   word of mouth
D.   institutional sales promotion
Question #17
________ changes the relationship between buyers and sellers from a monologue to a dialogue in which information is shared to create mutually beneficial exchanges.
A.   Interactive promotion
B.   A push strategy
C.   Public relations
D.   Advertising
Question #18
Mini-Case The Xer-Wise Corporation manufactures and markets high quality home exercise equipment. The firm has just developed a new piece of equipment that top executives believe will be a big seller if promoted correctly. The new product uses a system of adjustable weights that can be arranged in various ways to allow the user to perform exercises that tone all major muscle groups. Additionally, unlike other strength building machines, this equipment also incorporates a recumbent bicycle to provide a complete cardio workout. The entire piece of equipment is easy to assemble, and when not in use it can be folded into a compact unit that is easy to store. A group of fitness experts have tested the equipment and have provided rave reviews. Company executives believe that this product, called the MuscleMaster, will appeal to busy young adults living in relatively small apartments. Melody Fitt and Tom Trym have been assigned the responsibility of developing a promotion mix for this product. The team of Fitt and Trym is convinced that they can develop a successful promotion mix for this outstanding product. Before they look at specific promotional tools, Melody and Tom agree that they want a promotion mix that is both comprehensive and unified. They want to use all of the promotional tools at their disposal to create a consistent message that promotes a favorable product image. Melody and Tom want to implement a(n)
A.   stakeholder response communication system.
B.   integrated marketing communication program.
C.   internal marketing program.
D.   multilevel market coordination plan.
Question #19
At a recent baseball tournament, a local beer distributor gave free mugs to all adults with a paid admission. What is this an example of?
A.   market segmentation
B.   sales promotion
C.   publicity
D.   sampling
Question #20
People with an unmet need, the authority to buy, and the willingness to listen to a sales message represent a firm's
A.   cohorts.
B.   prospects.
C.   buyers.
D.   intermediaries.

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