Duplicate of Marketing Principles-Webxam Review

Question 1

This level of management implements plan put in place by upper level management

Accepted Answer

Middle Management

Question 2

What form of communication is best when a salesman wants to thank a customer for their business

Accepted Answer

Business Letter, Email

Question 3

What form of communication is best when a boss wants to remind their employees of a meeting

Accepted Answer

Memo, Email

Question 4

The practice of moving employees between different tasks to promote experiences and variety

Accepted Answer

Job Rotation

Question 5

This channel member sells products to the final users

Accepted Answer

Retailer

Question 6

The process of concentrating on and becoming an expert in a particular subject or skill

Accepted Answer

Job Rotation

Question 7

If a company is advertising a feature of a product that is incorrect, you should contact the

Accepted Answer

Federal Trade Commission

Question 8

The slowest, cheapest, and oldest form of transportation

Accepted Answer

Boat

Question 9

This channel member buys in large quantities from manufacturers and sells to retailers

Accepted Answer

Wholesaler

Question 10

This type of media is the most interactive with customers

Accepted Answer

Internet

Question 11

This type of data answers the questions how much or how many

Accepted Answer

Quantitative

Question 12

Why do labor unions exist

Accepted Answer

All of the above

Question 13

The point where profits gained is less than the amount time or money invested

Accepted Answer

Law of Diminishing Return

Question 14

This type of data answers the questions why or how

Accepted Answer

Qualitative

Question 15

The diagram that shows the structure, relationships, and hiearchy of a business

Accepted Answer

Organizational Chart

Question 16

The fastest and most expensive mode of transportation

Accepted Answer

Air

Question 17

This level of management oversees the employees

Accepted Answer

Supervisory Management or Team Level

Question 18

What country is NOT apart of NAFTA.

Accepted Answer

Russia

Question 19

When a country's import exceeds its exports, it is said to have a

Accepted Answer

Negative Balance of Trade

Question 20

This research method involves getting together a small group of people to answers questions

Accepted Answer

Focus Group

Question 21

A market structure with one dominating firm, high barriers to entry, and extremely high profits

Accepted Answer

Monopoly

Question 22

This type of media uses sight, sound, color, and action, but it is the most expensive.

Accepted Answer

TV

Question 23

A software program to make calculation, charts, and tables

Accepted Answer

Spreadsheet

Question 24

An appliance is made in China and sold in the US, what is that appliance to the US

Accepted Answer

Import

Question 25

If you are not paid overtime for working for more than 40 hours per week, you should contact

Accepted Answer

Occupational Health and Safety Commission

Question 26

A software program to make paper, flyers, or print advertisements

Accepted Answer

Word Processing

Question 27

Decreasing unemployment and increasing GDP is this stage of the business cycle

Accepted Answer

Recovery

Question 28

Extremely high unemployment and extremely low GDP for an extended period of time

Accepted Answer

Depression

Question 29

A software program used to store, sort, and organize information

Accepted Answer

Database

Duplicate of Marketing Principles-Webxam Review

Questions 29

Duplicate of Marketing Principles-Webxam Review

Questions 29