Marketing 205 - Applied Marketing Strategies » Winter 2023 » Chapter 3

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Question #1
Which of the following statements is true?
A.   Marketing activities occur separately from the rest of the company.
B.   The marketing department handles all marketing functions.
C.   Before the marketing department creates the marketing plan, the company establishes the overall strategy.
Question #2
Which of the three companies emphasizes their customers’ success in its mission statement?
A.   Coca-Cola
B.   The Dow Chemical Company
C.   IBM
Question #3
What do many companies make reference to in their mission statements?
A.   digital strategies
B.   how to serve customers better
C.   where to purchase their products
Question #4
What do marketing strategists combine to develop a company’s marketing plan?
A.   corporate offering, marketing strategy, and business insights
B.   company mission, corporate strategy, and market understanding
C.   company data, consumer experience, and corporate strategy
Question #5
What is the second step of the marketing plan?
A.   communicating value
B.   conducting market research
C.   creating the right offering
Question #6
What is the term for the massive amount of digital information left behind by online consumers?
A.   digital apps
B.   customer profiles
C.   big data
Question #7
What does the concept of social responsibility require of businesses?
A.   that they not break the law but otherwise maximize profits as much as possible
B.   that they not only earn a profit but also advance the well-being of society
C.   that they not only earn a profit but also avoid doing harm whenever they can
Question #8
Which of the following is an example of a business being influenced by global issues?
A.   A company’s operations become more expensive because of an increase in the price of oil.
B.   A company provides discounts to local college students with proof of college identification.
C.   A company participates in pollution cleanup efforts in their local community.
Question #9
Which of the following explains why some companies create marketing plans at the divisional level?
A.   Different divisions may have conflict if they try to work together.
B.   Different divisions may have very different numbers of employees.
C.   Different divisions may offer very different goods or services.
Question #10
Which of the following positions is likely to be a permanent member of the chief marketing officer’s planning team?
A.   a marketing analyst
B.   a brand manager
C.   a marketing researcher
Question #11
What is one advantage of email marketing over social media marketing?
A.   Businesses rent their email lists, so they can get rid of them at any time.
B.   Businesses do not own their email lists, so they don’t have to pay to maintain them.
C.   Businesses own their email lists, so they are protected against losing access to their customers.
Question #12
Which of the following statements about ROI is true?
A.   A positive ROI means you are losing money on your marketing campaign.
B.   A negative ROI means that you are making more than you spend.
C.   ROI is how much revenue you get back for each dollar you spend.
Question #13
Which of the following scenarios is an example of brand promise in action?
A.   seeing the word “gain” and associating it with laundry detergent
B.   creating a bright, catchy logo to help consumers remember a brand
C.   buying a brand of laundry detergent because their product always smells good
Question #14
If Black & Decker added new products to its DeWalt line, what would this be called?
A.   a brand mark
B.   a brand extension
C.   a brand construction
Question #15
Which kind of product is most likely to result in cannibalization?
A.   a product that is a line extension
B.   a product that is a completely new offering
C.   a product that is offered by a different company
Question #16
According to the article, to form a bond with the customer, a brand needs to be which of the following?
A.   transparent and authentic
B.   original and modern
C.   uplifting and fun
Question #17
According to the article, what are the most valuable tools for persuading potential new customers to buy from the brand?
A.   customer advocates
B.   employee advocates
C.   marketing professionals
Question #18
Primary packaging is designed to hold which of the following?
A.   all existing retail units of a product
B.   a single wholesale unit of a product
C.   a single retail unit of a product
Question #19
Which of the following is an example of secondary packaging?
A.   a pallet of bottled water
B.   a bag of pasta
C.   a case of bagged candy
Question #20
What is promotion?
A.   Promotion is how companies communicate their offerings to the consumer.
B.   Promotion is the way that marketers perceive the company.
C.   Promotion is catchy advertisements and commercials.
Question #21
What is a marketing communications channel?
A.   a method of tracking interactions with customers
B.   a means of connecting members of an advertising team
C.   a vehicle for delivering a message to customers
Question #22
Which of the following is an example of a traditional communications channel?
A.   billboards
B.   email
C.   websites
Question #23
According to the article, which of the following is usually not effective today?
A.   word of mouth
B.   telemarketing
C.   email marketing
Question #24
According to the video, which marketing channels should a company use to reach its customers?
A.   the channels that use the newest technology
B.   the channels that their customers already use
C.   the channels that cost the least amount of money
Question #25
Which statement accurately describes email marketing?
A.   It is a marketing channel that has remained effective over time.
B.   It is a marketing channel that is only effective with older people.
C.   It is a marketing channel that has suddenly become popular in the last five years.
Question #26
What is multichannel marketing?
A.   reaching customers through more than one channel
B.   learning about all of the newest marketing channels
C.   sending customers a consistent message across multiple channels
Question #27
According to the video, which of the following is a way that companies fall short on multichannel marketing?
A.   by sending irrelevant messaging
B.   by creating highly choreographed campaigns
C.   by creating consistent cross-channel experiences
Question #28
What is a product’s unique selling proposition?
A.   the way marketers plan to sell the product
B.   the specific benefit the consumer will receive
C.   the instructions for using the product
Question #29
From 2005 to 2015, Carl’s Jr. ran risqué TV ads designed to reach a young audience. Why did the company end up pivoting to a different marketing strategy?
A.   A majority of viewers found the ads offensive.
B.   A majority of young people stopped eating meat.
C.   A majority of TV stations refused to air the ads.
Question #30
What is the final aspect of the AIDA model?
A.   acquisition
B.   action
C.   attention
Question #31
In addition to appealing to humor, what is one thing all three commercials have in common? YouTube video. https://youtu.be/Lc0izCGKxP8 YouTube video. https://youtu.be/Jx38M9llRtA YouTube video. https://youtu.be/v_pYddCq7Hg
A.   They feature real customers, not actors.
B.   They feature professional athletes.
C.   They feature a famous politician.
Question #32
Which of the following is an example of a two-sided advertisement?
A.   a television ad for a diabetes medication that describes its possible side effects
B.   a magazine ad for a fast food chain that features happy people eating hamburgers
C.   a social media ad for a cruise line that shows smiling tourists and sunny beaches
Question #33
What is the main purpose of this commercial? YouTube video. https://youtu.be/rmPRHJd3uHI
A.   to describe the product’s high-quality ingredients
B.   to make viewers associate the product with a celebrity
C.   to make viewers remember a brand name
Question #34
Who is the target audience for the Campbell’s “Real Real Life” ad? YouTube video. https://youtu.be/VVnOsonF1Fw
A.   men who want to be fathers
B.   nontraditional families
C.   only children
Question #35
The managers of Seaside Anchor Company budget for as much promotion as they are able to pay for after meeting other expenses. What is this type of promotion budgeting called?
A.   the projected sales method
B.   the competitive parity method
C.   the affordable method
Question #36
In 2015, which type of media was allocated the largest percentage of U.S. business promotion dollars?
A.   magazines
B.   internet
C.   TV
Question #37
Why do some people argue that it is unethical to market to children?
A.   Children may be unable to remember the brands being marketed.
B.   Children may be incapable of viewing marketing messages critically.
C.   Children may be ineffective at expressing their desire for marketed products.
Question #38
Which of the following examples is most likely to be perceived as unethical targeting?
A.   marketing junk food and soda to children
B.   marketing unhealthy dieting products to young adults
C.   marketing tobacco products that are known carcinogens to older adults
Question #39
Why do some marketers oppose the regulation of Big Data?
A.   They think it will limit the potential uses of Big Data.
B.   They think it will limit fundamental human rights.
C.   They think it will expose their marketing techniques.
Question #40
  
A.   increased brand affinity
B.   reputational damage
C.   potential legal issues
Question #41
According to the video, what is the catalyst for the new influences on millennial consumer purchasing behavior? YouTube video. https://youtu.be/GwdtMs9ulLE
A.   new demand models
B.   technology
C.   social media
Question #42
Which type of culture prioritizes spending on products associated with success and independence?
A.   collectivist culture
B.   consumer culture
C.   individualist culture
Question #43
What two new behavioral archetypes will probably be produced by the pandemic?
A.   people whose behaviors are changed by the pandemic and people whose behaviors are unchanged
B.   people who tested postive for COVID-19 and people who avoided getting sick
C.   people who ignore pandemic regulations and people who follow them

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