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Duplicate of Marketing Flashcards | StudBud
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Duplicate of Marketing
Duplicate of Marketing
10 terms
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StudBud Administration
An assessment of marketing concepts
Flashcards
10 cards
F
Practice quiz
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Host live
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Questions
10
Answers
1
A product unknown to the potential buyer or a known product that the buyer does not seek
Unsought Product
Implied Warranty
Generic Product
New Product
2
Forces that create new technologies, creating new product and market opportunities
Costumer satisfaction
Marketing implement
Marketing intermediaries
Technological environment
3
Buying process in the company recognizes a problem or need that can be met by acquiring a good
Marketing myopia
Costumer-perceived value
Problem recognition
Performance review
4
A test to evaluate a new-product idea, usually before any prototype has been created
False
True
5
Business buying situation in which the buyer purchases a product or service for the first time
Needs
New task
Attitude
New Product
6
Actually differentiating the market offering to create superior customer value
Diversification
Consumer market
Differentiation
Personality
7
A product new to the world, the market, the producer, the seller, or some combination of these
False
True
8
First stage of the buyer decision process, in which the consumer recognizes a problem or need
True
False
9
A strategy that focuses on keeping and improving relationships with current customers
Spatial Discrepancy
Relationship Marketing
Intensive Disrtibution
Exclusive Distribution
10
What are the 4 P's
Price, Promotion, Product, Place
Product, People, Packaging, Perceptiveness
Place, Preference, Pricing, Principles
Promotion, Picture, Planning, Positivity