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Marketing Principles
Marketing Principles
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Principles of Marketing MKTG 3010
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
For most companies, the first step in conducting online marketing is to ________.
place an ad online
send e-mails
place search-related ads
create a Web site
2
JetBlue's promise to put "You Above All" by "bringing humanity back to travel" is their ______.
value proposition
production concept
segmentation strategy
market offering
3
Apple encourages customers to form local Apple user groups. This is an example of a
joint venture
club marketing program
consumer-generated marketing program
business partnership program
4
Direct marketing is characterized by narrowly defined segments or individual buyers.
True
False
5
Which of the following is a form of online advertising?
search-related ad
rich media ad
direct mail
toll-free number
6
Which of the following is a transaction site?
Wikipedia
eBay
Yahoo
Facebook
7
Which of the following is a traditional direct marketing tool?
catalog
e-mail
blog
online advertisement
8
A common criticism of the marketing system is that intermediaries ______
provide only essential services
are overly protective of manufacturers' interests
are too few in number
mark up prices beyond the value of their services
9
Which of the following concepts is based on a customer-centered philosophy?
the production concept
the distribution concept
the marketing concept
the product concept
10
A market is a segment of potential consumers who share a common need or want.
True
False
11
Which of the following are the fastest-growing forms of marketing?
undifferentiated and differentiated
standardized and customized
mass and targeted
direct and digital
12
Which of the following is the primary purpose of branded community Web sites?
providing detailed descriptions of products
creating customer-product engagement
selling products and services
sending direct mails to consumers
13
A(n) ________ is the variable amount in a salesperson's compensation.
commission
bonus
incentive
salary
14
When backed by buying power, wants become needs.
False
True
15
Which of the following is a characteristic of an inside sales force?
It eliminates the need to have an outside sales force.
It receives administrative backup from outside sales forces.
It conducts business from an office via telephone.
It travels to make sales calls on customers in the field.