Marketing Cards Flashcards

1
Q

An article in a newspaper explains that a new business is about to open

A

Promotion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

A business analyzes what competitors are charging for products

A

Pricing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

A consumer answers survey questions after tasting a new food product

A

Marketing Information Management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

A manufacturer determines which retailer will offer its products

A

channel management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

a quick-serve restaurant adds pancakes to its breakfast menu

A

Product & Service Management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

A company creates its marketing budget for the next fiscal year

A

Market Planning

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

A department store marks up cookware by 20 percent over cost

A

Pricing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

A retailer offers customers products they want

A

Selling

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

A business decides to use billboards rather than radio commercials

A

Promotion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

A company decides to distribute its products directly to the ultimate consumer

A

Channel Management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

An electronic store predicts how many tv’s it will sell

A

Market planning

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

A sporting goods store decides to carry a line of tennis rackets

A

Product & Service Management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Business research what type of products the competition is competition is offering

A

Marketing information management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

A bookstore connects with customers using an online catalog and ordering system

A

Selling

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

a manufacturer analyzes different market segments

A

Marketing Information management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Market Planning

A

create strategies to attract customers to a business

17
Q

Product & Service Management

A

obtaining, developing, maintaining, and improving a products or service mix in response to market opportunities

18
Q

Marketing Information Management

A

gathering, accessing, synthesizing, evaluating, and disseminating information

19
Q

Pricing

A

determining and adjusting prices to maximize return and meet customer’s perception of value

20
Q

Channel Management

A

identifying, selecting, monitoring, and evaluating sales channels

21
Q

Promotion

A

communicate information about goods, services, images, and ideas

22
Q

Selling

A

determining clients needs and wants and responding through planned, personalized communication that influences purchase decisions and enhances future business opportunities