review feud questions

Question 1

What were the environmental factors that impacted the business of College HUNKS

Answer 1

Provided food for domestic violence and provided water for people

Question 2

What is the objective of sales promotion?

Answer 2

To stimulate a consumer purchase

Question 3

What type of demand is it when it is not sensitive to changes in price

Answer 3

Inelastic demand

Question 4

In terms of trade agreements around the world, APEC stands for

Answer 4

-Asia Pacific Economic Corporation

Question 5

If somebody is involved in personal selling and there is a two-person conversation between the buyer and seller what is that

Answer 5

Buyer seller dyad

Question 6

What is an import tariff?

Answer 6

A duty levied by a nation on goods bought outside its borders and brought into the country

Question 7

Trade allowance and more displays are what type of sales promotion

Answer 7

Dealer incentive

Question 8

Fios offers internet, TV, and phone services what type of service do they offer?

Answer 8

bundle

Question 9

What price approach deals with a price floor?

Answer 9

Price approach

Question 10

What price approach deals with a ceiling strategy?

Answer 10

nonprice approach

Question 11

Fast food offerings have franchises around the world, what is the advantage of franchises?

Answer 11

It is cheaper

Question 12

What policy do you have for a nonprice approach?

Answer 12

Skimming policy

Question 13

. What is the main difference between advertising and sales promotion?

Answer 13

Advertising is long-term and sales promotion is in the moment

Question 14

The U in college Hunks stand for?

Answer 14

Uniform

Question 15

KFC product changes globally what type of product is it?

Answer 15

Product adaptation

Question 16

According to college HUNKS, the customer is not always right but what do they say?

Answer 16

The customer is always the customer

Question 17

McDonald’s is a worldwide business. What type of firm is 50% of the business?

Answer 17

Multinational firm

Question 18

Why was the uniform union formed?

Answer 18

To get rid of tariffs and promote trade in Europe

Question 19

I present to the customer. What type of salesperson am I?

Answer 19

Order getting

Question 20

What stage of the product life cycle is sales promotion in?

Answer 20

Mature

Question 21

Mcdonald’s created a new product from another company

Answer 21

Forward invention

Question 22

The pricing technique costs sales and products is

Answer 22

Break-even analysis

Question 23

Buys multiple packs of chips what is that

Answer 23

Multi-pack

Question 24

What level of innovation is it when marketing strategies are developed for major countries?

Answer 24

Regional marketing

Question 25

When a company hires a certain firm,

Answer 25

Contract manufacturer

Question 26

I hop partnered with the Grinch

Answer 26

Strategic tie ins

Question 27

What is the difference between a sweepstakes and a contest?

Answer 27

Sweepstakes are randomized and content is by skill

Question 28

What trade alliance is the YMCA?

Answer 28

It’s not a trade alliance