A company needs to decide about which market segments of a target market to enter so to increase profits. Therefore the company needs is to perform for each market segment, a(n) a. Taxation analysis
Marketing FINAL REIVEW QUESTION
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QUESTION 11
- A company needs to decide about which market segments of a target market to enter so to increase profits. Therefore the company needs is to perform for each market segment, a(n)
|
a. |
|
|
b. |
Intellectual rights research |
|
c. |
Cost versus Benefit analysis |
|
d. |
None of the above |
QUESTION 12
- Introducing Switching Costs for the customers in the use of a company's product is a way of
|
a. |
advertising |
|
b. |
building long term relationships |
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c. |
minimizing costs |
|
d. |
transaction based marketing |
QUESTION 13
- In the case of a recession, when people's incomes decline, we expect stronger sales for products associated with
|
a. |
private label/brands |
|
b. |
manufacturer brands |
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c. |
captive brands |
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d. |
all of the above |
QUESTION 14
- The assortment of product lines and individual offerings available from a business is called its
|
a. |
product assortment |
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b. |
product mix |
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c. |
product ingredients |
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d. |
product strategy |
QUESTION 15
- The fact that business executives are willing to pay a few thousand dollars for a backpack so to indicate their status and achievement associated with their values and lifestyles is part of
|
a. |
recession related consumer spending |
|
b. |
psychographic segmentation |
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c. |
decline stage in the lifetime of a product |
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d. |
interpersonal determinants of |
QUESTION 16
- To increase company productivity and profitability a company may
|
a. |
Try to become a monopoly |
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b. |
Try to focus exclusively on maximizing market share |
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c. |
Try to hire well educated people |
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d. |
None of the above |
QUESTION 17
- The design of a particular wine bottle label marketed by a company is an example of
|
a. |
product strategy |
|
b. |
the Delphi technique |
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c. |
trend analysis |
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d. |
price skimming |
QUESTION 18
Marketing research is beneficial for
|
a. |
guiding future business actions and plans |
|
b. |
defining a business problem |
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c. |
finding the optimal solution to a business problem |
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d. |
all of the above |
QUESTION 19
- A Mexican tacos corner stand sell 1500 tacos per month for $2 each and 1000 coffees for $1 each. The variable cost for each taco is $1 and for each coffee $.20 and they also have monthly fixed costs $200 in permits and licenses and additionally gasoline and cleaning expenses of $200 monthly. Therefore the monthly profit for the stand is
|
a. |
$1200 |
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b. |
$1500 |
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c. |
$1900 |
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d. |
$2300 |
QUESTION 20
- The inflow of Foreign Direct Investment to Brazil in a particular year indicates
|
a. |
The strength of the Brazilian economy |
|
b. |
The growth prospects of the Brazilian economy |
|
c. |
The confidence of foreign investors to the Brazilian economy |
|
d. |
All of the above |
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