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Chap 7 Quiz Flashcards | StudBud
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Chap 7 Quiz
Chap 7 Quiz
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Answers
1
A ___ is defined as a name, term, sign, symbol, or design that identifies the maker or seller of a product
patent
prototype
paradigm
brand
2
Are you having fun? :)
False
True
3
A product is defined as anything that can be offered to a market for attention, acquisition, use, or consumption
False
True
4
The use of traditional business marketing concepts and tools to create behaviors that will benefit society is called
Non-Profit
Person
Green
Social
5
Product planners must build a(n) ___
product around core values by offering additional consumer services & benefits
convenience
specialty
Industrial
augmented
6
Consumers view a brand as an important part of a product, and branding can add value to a consumer's purchase.
True
False
7
________ simply describes the appearance of a product
Style
Filling
Strengthening
Mixing
8
Brands vary in the amount of power and value they hold in the marketplace. Iconic brands like Apple have achieved brand_
equity
capital
perception
personality
9
__ refer to a form of product that consists of activities & benefits offered for sale that are essentially intangible
Services
Pure products
Co-Brands
Line extensions
10
Person marketing consists of activities to create, maintain, or change attitudes or behavior toward particular people.
True
False
11
Which of the following is a pure tangible good?
a meal at a restaurant
shampoo
a spa treatment
financial advice
12
Kuka Robotics Canada manufactures and sells robots to be used on assembly lines. This is an example of________
industrial products as capital items
intangible goods
industrial products as materials and parts
unsought products
13
___ products are less frequently purchased consumer products that customers compare carefully on suitability, & quality
Unsought
Shopping
Capital
Convenience
14
Harley-Davidson share common beliefs. Their products appeals to freedom and authenticity. This illustrates
core customer values
complex bundling
simple bundling
an actual product
15
Products include only tangible objects.
True
False
16
Which of the following is an example of a shopping product?
Tide laundry detergent
Colgate toothpaste
Samsung television
A&W fast food
17
_ products are consumer products & services that customers buy frequently, immediately, and with minimal comparison
Convenience
Shopping
Capital
Specialty
18
Specialty products are consumer products and services that customers generally buy
to conduct business
based on ready availability
frequently and immediately
without making comparisons
19
Which of the following terms best describes the process of designing and producing a container or wrapper for a product?
packaging
positioning
labeling
licensing
20
Laundry detergent, magazines, and fast food are purchased frequently by customers. They are examples of __ products.
shopping
convenience
unsought
specialty