sts prep Flashcards

1
Q

pharma company

A

negligence

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2
Q

env regs often developed to encourage biz

A

recycling programs

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3
Q

total # members in a channel

A

channel length

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4
Q

walters waterland amusement park mailed discount coupons

A

geographics

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5
Q

when big manufacturer holds large share of the market and prohibits

A

exclusive dealing

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6
Q

foreign business legally obtains license to make products, then sells items for low prices

A

gray market

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7
Q

what info should biz produce its supplier to ensure products available to meet demand

A

sales forecast

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8
Q

what if manufacturer begins to sell directly to large business

A

vertical channel conflict

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9
Q

info shared immediately w all staff

A

customer complained

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10
Q

primary purpose of intro of presentation

A

gain the attention

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11
Q

when writing info messages, biz employees should explain

A

make a decision

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12
Q

using a table to present/summarize data in a document is

A

data too complex to describe in text

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13
Q

type of biz policy most likely to attract customers to business

A

product

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14
Q

helpful to look at problems w diff customers as

A

unresolved opportunities

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15
Q

marcy ready to buy new computer, saved enough to buy one she wants

A

demand

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16
Q

cole company sets prices v low to drive primary competitor out of business

A

predatory prices

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17
Q

one way gdp can increase

A

increasing labor and capital resources

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18
Q

which makes globalization hard

A

terrorist threats

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19
Q

bc of major trade alliances, countries lower prices

A

competition

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20
Q

susie not happy w job bc coworkers say she doesnt do

A

negative feedback

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21
Q

reason someone might have trouble adapting to new circumstances

A

contentment

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22
Q

belief u should have abt ur own behavior if u want to be

A

you have the right to choose the way u respond

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23
Q

hiring director at engineering firm rarely hires women

A

bias

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24
Q

accepting blame for failure and credit for success

A

responsibility

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25
anna has until end of day to collect research for report, now afternoon and wondering if done by deadline
work interruptions
26
characteristic of good coaches
patience
27
to determine personal vision must consider
ur values
28
example of direct mail
mailing brochure
29
annual income, inheritance money from sale of assets considered
tax liability
30
individual invests in mutual fund
pooling money w other investors
31
purpose of code of ethics
framework for ethical decision making
32
happens if company has sunk costs assoc w poor decision
forgo short term benefits for long term rewards
33
main reasons companies gather marketing info
increased sales and profits
34
most sig reason marketing research important to business
contributes to business success
35
marketers use data to determine they want to create messages that appeal
promotional strategy
36
businesses that deliberately interpret marketing info inaccurately
promote products
37
marketing survey containing questions answered on scale 1-5
sorting
38
businesses can retrieve eternal marketing data by accessing
online based info services
39
if marketers dont have enough secondary data for companys needs
conduct primary research
40
to be effective in developing rels w customers, service that sales
meet customer needs
41
how research conducted depends on business
industry/resources
42
which research design best suited to delete
focus group
43
what question establishing sample plan for research
how many ppl to survey
44
surveys excellent tools for data collection
dig deep into respondents feelings
45
what elliot was tabulation marketing research data
recording
46
what should researchers consider when evaluating design
types of questions
47
which of following is question that marketing info
what is image of business
48
to promote summer menu Danielle's cafe plans to email
tactic
49
which of following use longer channel of distribution
bottle of shampoo
50
purposes of situational analysis
expansion options
51
situation analysis reveals pullman industries need to increase _ factor
regulatory
52
thomas wants to change word develop to word create in seven
find and replace
53
to write text on ur web page u need to use _ software
web editing
54
which of following could cause legal issue assoc w inform
accidentally emailing clients personal info to others
55
info management pros carry an important responsibility
financial audit
56
final deliverable of ur project is choosing a name for ur company
generating potential names for future products
57
which of following is true statement abt safety hazards
personal habits can create safety hazards
58
akua in charge of supervising entire process of getting products
supply chain manager
59
effective collab b/t supply chain partners will most likely
lower warehousing costs
60
important to _ all ur corrections during a project
document
61
member of sales team said our sales always decline this time of year
limiting code of behavior
62
duties customer service pros often perform
handling complaints
63
teens begin to first find jobs by contacting
neighborhood businesses
64
company starts marketing workout clothes as everyday wear
positioning
65
which true abt employees role in meeting org
employee performance goals should align w org
66
smith company wants to ship products by truck rather than air
distribution channels
67
widget industries = new company coming out w new product _ than its competitors in attempt to _
lower, gain as much of market as possible
68
how supply and demand interact to influence price
when supply exceeds demand producers lower prices to sell ex
69
bar code symbols scanned into computers and used to ID
universal product codes
70
UNISYS Corporation offers training w computer systems and software
product related service
71
way in which business makes changes in amt or type of goods
product mix strat
72
way business can include customer p
accurate labeling
73
why businesses want to meet quality standards
to reduce costs
74
todd recently got mountain bike from abc. after 2 years...perform as expected, promise classified as
guarantee
75
which is a decision company might make during declining stage of product
whether to change product
76
tech important to product/service management function bc
monitor inventory
77
when products and services managed ethically, customers
general free from harm + satisfied w purchases
78
insurance company offers customers a discount when purchased less, benefits company encouraging
product bundling
79
gain comp advantage, bus selects channel memb on
channel differentiation
80
all goods and services started w
idea
81
type of branding that differentiates an org
loyalty
82
petfast pet store known for low prices great value, store fre corporate
positioning
83
one way promotional activities benefit businesses
increased product sales
84
business informing customers abt new free services being offered
PR
85
stage of product life cycle company spend least
declining
86
type of media include catalogs
direct mail
87
illustrations used in supermarkets print ads = examples of illustration
product in appropriate setting
88
advantage to retailers of offering credit = credit customers
buy impulse items more freely
89
when deving promo activities business should consider
tasteful
90
which of following = most efficient cost effective way
direct mail
91
free enterprise econ system promo practices often
liability
92
word of mouth marketing based on idea
customers trust each other more than brands
93
example of pull sales promo strat
buy one get one free
94
sales person need to do to be succesful selling
learn unique features
95
when business salespeople take time to discover customer needs
customers tend to return fewer products
96
salesperson most accessible resource person for product info
coworker
97
joseph working on market research project for company to gain
external data
98
when customer buying appliance, electronic, vehicle
service and warranty
99
ryan goes to grocery store every week and buys food for fam
physiological
100
business selling policies beneficial to customers when
ensure all customers treated fairly