Chapter 5 Flashcards

1
Q

Anything that can be offered to the market

A

Product

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2
Q

Consumer goods that are used over an extended period of time

A

Durable goods

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3
Q

Consumer goods that are quickly consumed

A

Nondurable goods

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4
Q

The most basic level of a product

A

Core product

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5
Q

Kotler says that the product manager has to

turn the core product into a tangible product

A

Tangible product

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6
Q

Finally, the product planners may offer additional services

A

Augmented product

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7
Q

3 levels of product

A

Core product
Tangible product
Augmented product

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8
Q

full stomach, quenched thirst, comfortable bed, warm and subdued environment

A

Physiological satisfaction

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9
Q

good value for money, rapid service, convenient location, and credit facilities

A

Economic satisfaction

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10
Q

enjoyable company, attentive service, and sound advice on food and wines

A

Social satisfaction

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11
Q

enhancement of self-esteem status, and security.

A

Psychological satisfaction

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12
Q

is a group of products that are fairly closely related

A

Product line

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13
Q

•The set of all product lines offered for sale by the company is called

A

Product mix

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14
Q

is a name, term, sign, symbol, design, or combination of these

A

brand

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15
Q

4 satisfaction

A

Physiological satisfaction
Economic satisfaction
Social satisfaction
Psychological satisfaction

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16
Q

is the part of the brand that appears in the form of a symbol, design, distinctive coloring, or lettering

A

Brand mark

17
Q

is a brand or part of a brand that is given legal protection

A

Trade mark

18
Q

refers to the use of the same brand name for all products

A

Blanket family

19
Q

is a marketing activity of creatively designing

A

Packaging

20
Q

the product’s immediate container

A

Primary package

21
Q

is the packaging material that protects the primary package

A

Secondary package

22
Q
  • basic function of accommodation
  • plays a very important role in the status of a hotel
A

Hygiene

23
Q

When people go to hotels. They would expect good and prompt room Service

A

Room service

24
Q

The price of the rooms should be such that both rich and the Middle- class people can afford them

A

Price

25
Q

The people who comes in contract with the customers

A

Etiquettes

26
Q

The food should be of good quality and should be prepared in hygienic conditions.

A

Food and wine

27
Q

at this stage, the product is launched full- scale into the market.

A

Introductory stage

28
Q

if the product earns market acceptance, it should at some point enter a period of comparatively rapid growth

A

Growth stage

29
Q

as the product approaches the end of its growth period, sales begin to decline

A

Maturity stage

30
Q

is characterized by falling sales and falling profits

A

Decline stage

31
Q

4 product life cycle

A

Introductory stage
Growth stage
Maturity stage
Decline stage

32
Q

4 product mix positioning

A

Product positioning
Brand or generic name decisions
Packaging
Other images - building features

33
Q

Goods that bought by household consumer

A

Consumer goods

34
Q

Goods bought by business

A

Industrial goods