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Marketing Concepts Review Flashcards | StudBud
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Marketing Concepts Review
Marketing Concepts Review
42 terms
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StudBud Administration
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Introductory marketing
Flashcards
42 cards
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Questions
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Answers
1
The attitude of the person who may own this car may be
daring, out-going, risky
reserved, kind, caring
sly, loud, quiet
afraid, timid, shy
2
Skittles
"eat the rainbow"
"taste the rainbow"
"beast mode"
"taste the rain"
3
An intangible item that has monetary value and satisfies your needs and wants is a
want.
service.
good.
self-help book.
4
A website with data or research about safety recalls would be an example of
form utility
insurance utility
information utility
product placement
5
Ziploc and Glad are brand names of this generic product
zip top bags
plastic shopping bags
tape
twisty-ties
6
This refers to activities related to advertising, personal selling, sales promotion & publicity
promotion
products
place
pricing
7
The means of getting a product into a consumers hands is this part of the marketing mix
price
promotion
product
place
8
Kleenex and Puffs are brand names for this generic product
sandwich baggies
toilet paper
paper plates
tissues
9
M&M's melt in your mouth
not in your pocket
not in your car
not in your hand
not in your cereal
10
The seven core functions of marketing define _____ aspects of marketing.
PART
SOME
ALL
NONE
11
All seven of the core marketing functions focus on
the public
the business
the consumer
the homefront
12
The average income of a person who owns this home may be
$40,000-$90,000
$150,000-$200,000
$20,000
$300,000+
13
Provides customers with goods and services they want
selling
channel management
promotion
market planning
14
TV ads, newspapers, internet ads, and coupons are all examples of
profit.
product placement.
purpose.
promotion.
15
The income level of the person who many own this home may be
$40,000-$60,000
$200,000-$250,000
less than $20,000
$30,000
16
Possession utility is simply the exchange of a
product for product
product for money
product for produce
good for service
17
The five forms of utility are:
form, place, time, value, and information.
promotion, value, prosperity, goods, and services.
form, produce, place, price, and promotion.
form, place, time, possession, and time.
18
What is the purpose of a customer profile?
To find out what type of soap a Mom would buy.
To describe everything about a person w/in a target market.
To answer essential questions.
To find out what people want for dinner.
19
What are goods?
something that has personal value
an item that you buy, such as bread
something that as moral value
tangible items that have monetary value
20
Age, gender, income level, and behavior are just a few components of a
customer promise
customer promotional ad
customer profile
customer price scale
21
This is what is exchanged for the product
price
place
product
promotion
22
The impact of marketing affects the economy and
standard of living in countries around the world.
people who live in it.
families at home and abroad.
people with jobs.
23
Marketing is an activity and process involving many parts that provide
selling and motivation for consumers
goods and services to help businesses only
reasons to make people purchase items
value for customers, clients, partners & society at large
24
Product, place, price and promotion make up the
marketing game
marketing media
marketing mix
marketing target
25
Due to the colors and design of this toy, who might it be PURCHASED for?
baby girls
baby boys
grandpas
teenagers
26
The market that consists of those who purchase goods and services for personal use is known as
an optional market
a known market
a consumer market
an organizational market
27
A percentage of total sales volume generated by all companies that compete in a given market is
market concepts.
market share.
market demand.
market showing.
28
All businesses that buy products for use in their operations are part of the
optional market
organizational market
customer market
consumer market
29
Having a product or service available ONLY at Christmas would be an example of this type of
promotion utility
time utility
shopping utility
product utility
30
The idea that a business should strive to satisfy consumers is the
marketing target.
marketing concept.
marketing mix.
marketing goal.
31
Classifying customers by characteristics is called
market sectioning
market profile
market sizing
market segmentation
32
Attributes of goods and services that make them capable of satisfying wants and needs are known
as a feature
as goods
as utility
as cool functions
33
This tasty snack is most often purchased by
teens
healthy yogis
moms and dads
grandparents
34
A zipper may be more useful if added to fabric and make into a jacket this represents
information utility
function utility
form utility
product utility
35
M&M's are the brand favorite for this generic product
chocolate morsels
chocolate kisses
chocolate drops
chocolate coated candy pieces
36
A target market is a group that is
identified for a specific marketing program
a group of people that have nothing in common
only used to promote a product to
similar
37
Two benefits of marketing are
improved products and competitive prices
boring products with price issues
improved products and no fees
improved products and new designs
38
Choosing what to make or sell is this part of the marketing mix
price
promotion
place
product
39
What type of person may order this cake
all three
single dad
loving, grandma who wants to spoil her grandchild
soccer mom
40
To inform, persuade, or remind current and potential customers about a product or service
selling
pricing
channel management
promotion
41
This fluffy white topping commonly known as whipped topping is most widely known
Cool stuff
Cool Whip
Pie Topping
Cool Topping
42
Deciding how to get goods directly into the customers hands
marketing information
selling
market planning
channel management