MidMCQ

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School

Stevens Institute Of Technology *

*We aren’t endorsed by this school

Course

500

Subject

Economics

Date

Jan 9, 2024

Type

docx

Pages

2

Uploaded by CorporalLightning10005

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Multiple Choice Questions 6-15, from Course Case Studies: (2 points each for a total of 20 points). 6. What was the scope of the survey conducted by Sticks Kebob shop? a. Only customers b. Only non-customers c. Both customers and non-customers d. Only professionals Answer: c 7. What is the primary emphasis of Sticks Kebob shop's menu? a. Ethnic cuisine b. Fast food c. Healthy eating d. Exotic flavors Answer: c 8. Who were the target customers for Sticks Kebob shop? a. Movie enthusiasts b. Soccer Moms c. Gamers d. Tourists Answer: b 9. Sticks Kebob shop collaborated with which institution for increasing promotional activities and couponing? a. Harvard University b. University of Virginia c. Stanford University d. Hogwarts School of Witchcraf Answer: b 10. How was Svedka Vodka priced in the market? a. High-priced b. Low-priced c. Mid-range d. Premium-priced Answer: c 11. What perception was associated with low-priced vodka according to the case study? a. High quality b. Premium quality c. Average quality d. Low quality Answer: d
12. How did Svedka Vodka manage distribution to key clients? a. Through a large external sales team b. Through exclusive partnerships c. Through a small internal sales team d. Through third-party distributors Answer: c 13. Approximately, in how many U.S. states did state governments exercise monopoly control over alcohol wholesaling and/or retailing? a. 0 to 10 b. 10 to 20 c. 21 to 30 d. Over 30 Answer: b 14. According to the case study, in which states were temporary discounts and displays for alcohol allowed but highly regulated? a. New York and California b. Texas and Florida c. New Hampshire and Pennsylvania d. Illinois and Ohio Answer: c 15. What is the origin of the word "Svedka" in Svedka Vodka? a. Russian b. Polish c. Swedish d. German Answer: c
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