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Economics Mcqs

Anything that can be offered to a market for attention acquisition, use, or consumption that might satisfy a want or need is called a(n) ?

Anything that can be offered to a market for attention acquisition, use, or consumption that might satisfy a want or need is called a(n) ?

A. idea
B. demand
C. product
D. service

Anything that can be offered to a market for attention acquisition, use, or consumption that might satisfy a want or need is called a(n) ? Read More »

Economics Mcqs, Efficiency And The Public Interest, Markets

Successful service companies focus their attention on both their customers and their employees they understand ________ which links service firm profits with employee and customer satisfaction ?

Successful service companies focus their attention on both their customers and their employees they understand ________ which links service firm profits with employee and customer satisfaction ?

A. internal marketing
B. service-profit chains
C. interactive marketing
D. service differentiation

Successful service companies focus their attention on both their customers and their employees they understand ________ which links service firm profits with employee and customer satisfaction ? Read More »

Economics Mcqs, Efficiency And The Public Interest, Markets

If a company’s objective were to reach masses of buyers that were geographically dispersed at a low cost per exposure the company would like choose which of the following promotion forms ?

If a company’s objective were to reach masses of buyers that were geographically dispersed at a low cost per exposure the company would like choose which of the following promotion forms ?

A. Advertising
B. Personal selling
C. Public relations
D. Sales promotion

If a company’s objective were to reach masses of buyers that were geographically dispersed at a low cost per exposure the company would like choose which of the following promotion forms ? Read More »

Economics Mcqs, Efficiency And The Public Interest, Markets

A(n) _____ are computerized collections of information obtained from data sources within the company ?

A(n) _____ are computerized collections of information obtained from data sources within the company ?

A. retrieval systems
B. marketing research reports
C. flow diagrams and PERT charts
D. internal databases

A(n) _____ are computerized collections of information obtained from data sources within the company ? Read More »

Economics Mcqs, Efficiency And The Public Interest, Markets

The orange juice manufacturers know that orange juice is most often consumed in the mornings. However they would like to change this and make the drink acceptable during other time periods during the day Which form of segmentation would they need to work with and establish strategy reflective of their desires ?

The orange juice manufacturers know that orange juice is most often consumed in the mornings. However they would like to change this and make the drink acceptable during other time periods during the day Which form of segmentation would they need to work with and establish strategy reflective of their desires ?

A. gender segmentation
B. benefit segmentation
C. occasion segmentation
D. age and lief-cycle segmentation

The orange juice manufacturers know that orange juice is most often consumed in the mornings. However they would like to change this and make the drink acceptable during other time periods during the day Which form of segmentation would they need to work with and establish strategy reflective of their desires ? Read More »

Economics Mcqs, Efficiency And The Public Interest, Markets

More and more salespeople are being evaluated and compensated based on different measures than in the past. All of the following are illustrations of those measures EXCEPT ?

More and more salespeople are being evaluated and compensated based on different measures than in the past. All of the following are illustrations of those measures EXCEPT ?

A. long term customer sanctification
B. competitive predatory pricing performance
C. full customer service
D. retention rates

More and more salespeople are being evaluated and compensated based on different measures than in the past. All of the following are illustrations of those measures EXCEPT ? Read More »

Economics Mcqs, Efficiency And The Public Interest, Markets

In terms of execution style a family seated at the dinner table enjoying the advertised product would be an example of which of the following types of advertising ?

In terms of execution style a family seated at the dinner table enjoying the advertised product would be an example of which of the following types of advertising ?

A. Slice of life
B. Lifestyle
C. Mood or imagery
D. Personality symbol

In terms of execution style a family seated at the dinner table enjoying the advertised product would be an example of which of the following types of advertising ? Read More »

Economics Mcqs, Efficiency And The Public Interest, Markets

Concerns that the manufactures of harmful products such as tobacco have influence on lawmakers to the detriment of the public interest is used as evidence of which criticism of marketing ?

Concerns that the manufactures of harmful products such as tobacco have influence on lawmakers to the detriment of the public interest is used as evidence of which criticism of marketing ?

A. Too much advertising
B. Too few social goods
C. Cultural pollution
D. Too much political power

Concerns that the manufactures of harmful products such as tobacco have influence on lawmakers to the detriment of the public interest is used as evidence of which criticism of marketing ? Read More »

Economics Mcqs, Efficiency And The Public Interest, Markets

The __________ is a person within a reference group who because of special skills knowledge personality or other characteristics exerts influence on others ?

The __________ is a person within a reference group who because of special skills knowledge personality or other characteristics exerts influence on others ?

A. facilitator
B. referent actor
C. oion leader
D. social role player

The __________ is a person within a reference group who because of special skills knowledge personality or other characteristics exerts influence on others ? Read More »

Economics Mcqs, Efficiency And The Public Interest, Markets