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Marketing Management Orientations Flashcards | StudBud
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Marketing Management Orientations
Marketing Management Orientations
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Questions
15
Answers
1
The production concept and product concept are orientations that can lead to marketing myopia.
True
False
2
A marketspace is physical, as when you shop in a store.
False
True
3
When consumers share a strong need that cannot be satisfied by an existing product they are engaged in latent demand.
False
True
4
The marketing concept is one of the oldest concepts in business.
False
True
5
Managers of _______ businesses concentrate on achieving high manufacturing efficiency, low costs, and mass distribution.
product-oriented
selling-oriented
production-oriented
marketing-oriented
6
Financial accountability and social responsibility marketing are elements of ________.
internal marketing
relationship marketing
performance marketing
social marketing
7
Unwholesome demand occurs when consumers dislike the product and may even pay a price to avoid it.
False
True
8
Which of the following reflects the marketing concept?
This is what I want; won't you please make it.
Customers need to be told where they want to go.
The supplier is king.
This is what I make; won't you please buy it?
9
Selling concept holds that consumers will not buy the firm's products unless it undertakes large-scale selling and promo
Maybe False
Maybe True
True
False
10
Which of the following goods and services is most likely to require an aggressive use of the selling concept?
unsought goods
luxury goods
necessary goods
shopping goods
11
What orientation holds that consumers will favor those products that offer the most quality, performance, or innovation?
Selling
Marketing
Product
Production
12
Relationship marketing has the aim of building mutually satisfying long-term relationships with key parties.
False
True
13
What marketing management orientations focuses primarily on improving efficiencies along the supply chain?
Selling
Production
Product
Marketing
14
What concept holds that consumers and businesses, if left alone, will ordinarily not buy enough of the org's product?
Production
Holistic
Product
Selling
15
What are the four broad components of holistic marketing?
integrated, internal, position, and performance marketing
relationship, integrated, internal, and performance marketing
relationship, internal, position, and performance marketing
integrated, relationship, social responsibility, and position marketing