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4.5 - Extended marketing mix (IB) Flashcards | StudBud
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4.5 - Extended marketing mix (IB)
4.5 - Extended marketing mix (IB)
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Answers
1
Which characteristic is distinctive of services?
Perishability
Intangibility
Inseparability
Variability
2
Which strategies (such as price cuts, redesigning and repackaging) are used in attempt to prolong sales of a product?
Extension strategies
Product re-positioning
Product Differentiation
Diversification
3
Which of the following is
not
a traditional channel of distribution?
Wholesalers
Retailers
Franchising
Agents
4
Which of the following describes the characteristics of services being produced and consumed simultaneously?
Intangibility
Durability
Perishability
Inseparability
5
Which term describes standardized and customised flow of activities, series of steps involved in providing the service?
Physical evidence
People mix
Place mix
Process mix
6
______ describes the different experiences each time a customer uses a service.
Heterogeneous
Durability
Perishability
Homogeneous
7
Which term describes the tangible and observable aspects of a service delivered to customers?
Process
People
Physical evidence
Product
8
Promotional strategies that use online word of mouth technologies are called
Guerrilla marketing
Social media
Viral marketing
Public relations
9
In which stage of the product life cycle are profits most likely to be at their highest?
Introduction
Decline
Growth
Maturity
10
Which option is not an aspect of the 'people' element in the marketing mix?
Aptitudes
Payment methods
Attitudes
Training and development
11
Which of the following is not an element of physical evidence in the extended marketing mix for a 5-star hotel?
Wi-Fi
Nice décor
Well-groomed staff
Motivated workforce
12
Which option is not a part of place?
Distributors
Retailers
Agents
Location