Copy of marketing final answers Flashcards

1
Q

what is product mix

A

the amount of different products they make; proctor and gamble makes at least 8 different detergents

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2
Q

what are some significant barriers starbucks is facing when expanding into foreign countries?

A

differences in cultural barriers so they had to form joint venture in india and branding against religion

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3
Q

electronic media that functions using digital codes & refers to any media available via computer?

A

digital media

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4
Q

what are some obstacles starbucks faces when expanding into italy?

A

clashes in culture, customs, tastes, etc. italians’ don’t pay more than .90 eu to buy coffee

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5
Q

a package of aluminum foil at king kullen supermarket; has only alluminum foil displayed in black letters, is a ____ product

A

generic product

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6
Q

die hard batteries sold and branded by sears is a

A

private distributer brand

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7
Q

when peter got a flat tire on the way to work he swings into bjs and gets a new tire this is an example of an ___ good?

A

unsought good

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8
Q

achieving greater penetration of the market is typically a business goal during which stage of the product lifecycle

A

growth

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9
Q

the tide detergent recently created pods this change in packaging is a strategy that can boost sales in which stage of the product life cycle?

A

maturity

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10
Q

frito lay is known for producing chips and snacks, and tried to introduce lemonade, the reason this product failed was because of?

A

ineffective branding

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11
Q

when blendtec created the video of blended iphones; they did this and pushed its product life cycle back to growth from?

A

maturity

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12
Q

what is a barrier in digital advertising?

A

constant need to stay on top of new rapid changes

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13
Q

why is twitter appealing to companies?

A

it is an effective communication tool that helps attract followers, form relationships, and build customer relationships

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14
Q

how can twitter be used as a tool to strengthen customer relationships and gather consumer feedback?

A

it can address customer concerns, dialogue with customers, and encourage customer feedback

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15
Q

what are the drawbacks of using twitter as a marketing tool?

A

mundane amount of tweets in twitter, there are ignored tweets, a large amounts of messages, security issues, etc.

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16
Q

what is a legal designation use of a brand?

A

trademark

17
Q

when a customer is aware that a brand exists and considers it a possibility; if his preferred brand is out, exhibits what kind of product relationship?

A

recognition

18
Q

the full legal name of an organization is called ___ ; an example is the ipod named by apple?

A

trade name

19
Q

a name, term, design, symbol, or other features that identifies one sellers’ product as distinct from those of other sellers is?

A

brand

20
Q

what is the design with no letters or words called?

A

brandmark

21
Q

the yellow letters which spell reeses’s with an orange background is an example of a?

A

brandmark

22
Q

give three reasons products fail?

A

overestimated size of market, failure to match products’ needs, and ineffective branding

23
Q

during which phase does a company analyze product cost and sales?

A

test marketing

24
Q

what does the supply chain include?

A

all entities involved in the supply chain

25
Q

long term partnerships working together to reduce cost, innefficiencies, and redundancies in the marketing channels is called?

A

supply chain

26
Q

coca cola expanded to diet cherry using a?

A

line extension

27
Q

why are line extensions more common than new products?

A

they contain less of a risk and are also less expensive

28
Q

when jeep adds a new model of wrangler; what kind of modification is it?

A

product modification

29
Q

driving force behind marketing channel decisions should be?

A

customer satisfaction

30
Q

a channel of distribution is defined as a group of individuals and organizations that?

A

direct the flow of products from producers to customers

31
Q

what is an example of a manufacturer brand ?

A

sony tvs