36.When you register your telephone number with the Do Not Call Registry, you are responding to a need for   A.privacy. B.enhanced information flow. C.lower phone bills. D.marketing contact. E.tactical communication skills.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

 

36.When you register your telephone number with the Do Not Call Registry, you are responding to a need for

 

A.privacy.

B.enhanced information flow.

C.lower phone bills.

D.marketing contact.

E.tactical communication skills.

37.In the immediate marketing environment, the first factor that affects the consumer is

 

A.demographics.

B.cultural values.

C.social trends.

D.the firm itself.

E.technological advances.

38.Successful firms focus their efforts on satisfying customer needs that

 

A.are easiest to satisfy.

B.provide minimal core value.

C.are important to all generational cohorts.

D.competitors have tried and failed to satisfy.

E.match their core competencies.

39.The Mayo Clinic in Minnesota is known for top-quality medical care. For decades, even presidents and dictators from around the world flew to the Mayo Clinic to use its services. The Mayo Clinic used its reputation to create additional medical facilities in Jacksonville, Florida, and elsewhere. This is an example of a firm focusing its efforts on satisfying customer needs that

 

A.are easiest to satisfy.

B.provide minimal core value.

C.are important to all generational cohorts.

D.competitors have tried and failed to satisfy.

E.match its core competencies.

40.Yuri is considering a new promotional campaign in which he will compare his products to those of his competitors. Before initiating the promotional campaign, Yuri will likely assess his competitors' strengths, weaknesses, and

 

A.likely reaction to Yuri's promotional activities.

B.demographics.

C.just-in-time processes.

D.satisfaction quotient as perceived by customers.

E.ethical values.

41.The firms that work along with the focal firm to provide goods and services to consumers are viewed as

 

A.cultural cohorts.

B.corporate partners.

C.cartels.

D.cooperatives.

E.customers.

42.Yellow Trucking provides transportation services for Dan's Delicious Donuts so that Dan's stores always have fresh stock. Yellow Trucking is an example of a

 

A.cultural cohort.

B.corporate partner.

C.cartel.

D.cooperative.

E.customer.

43.The difference between a firm's immediate marketing environment and its macroenvironment is that the macroenvironment is

 

A.external.

B.easier to understand.

C.easier to control.

D.the same as the immediate environment.

E.internal.

44.The shared meanings, beliefs, morals, values, and customs of a group of people constitute their

 

A.social concerns.

B.culture.

C.demographics.

D.generational cohorts.

E.religion.

45.Political candidates are notorious for appealing to the different beliefs and values of groups of potential voters in different areas of the country. These politicians are appealing to differences in

 

A.popular culture.

B.regional culture.

C.demographics.

D.generational cohorts.

E.country culture.

 

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Fee-for-Service
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education