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Duplicate of Marketing Ch. 4 and Social Media Flashcards | StudBud
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Duplicate of Marketing Ch. 4 and Social Media
Duplicate of Marketing Ch. 4 and Social Media
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StudBud Administration
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Chapter 4 and social media
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
Which element of the marketing mix receives the most attention from producers & manufacturers?
promotion
distribution/place
product
price
2
The segment of people a business selects to primarily focus marketing efforts on is the
main market
target market
market segment
market group
3
How are traditional and social media different?
they have vastly different content
traditional media has a wider reach
one-way vs. two-way communication
they aren't really different
4
When businesses are in this type of competition, they don't focus much on price or promotion.
they always focus on price an promotion
intense
limited
monopolistic
5
Joliet has 10 clothing stores. They offer varying types of styles and sizes. This is
intense competition
no competition
limited competition
monopolistic competition
6
Instagram, online reviews, blogs and Twitter are all examples of what?
advertising
social media
internet websites
marketing
7
Which of the following is an example of a service business?
clothing retailer
Wal-mart
auto repair shop
bookstores
8
What is the most difficult type of competition businesses can face?
limited
monopolistic
market
intense
9
Businesses involved in marketing activities as products move from producer to consumer is the
market opportunity
channel of distribution
target market
competition
10
Which is the most effective way businesses deal with customer needs?
Make decisions based on what the marketing team wants
Try to understand how customers evaluate products & services
Use persuasive advertising to influence customer buying
Ignore their needs because they are not important
11
Who makes most final pricing decisions?
producers
wholesalers
distributors
retailers
12
A barber shop has identified young, modern males who live in a 5 mile radius as their potential
market.
promotional mix.
channel of distribution.
marketing mix.
13
Groups of similar consumers within a larger market are known as
market opportunities
market segments
marketing concepts
market groups
14
Which of the following is a disadvantage when using social media for marketing?
Social media is two way communication
Sharing ideas and thoughts are very fast
Businesses have no control over what is said
There are no disadvantages, social media is awesome
15
Marketing strategies are developed as part of
business agreements.
market opportunities.
marketing concepts.
business plans.