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Marketing Concepts Review Flashcards | StudBud
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Marketing Concepts Review
Marketing Concepts Review
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StudBud Administration
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Introductory marketing
Flashcards
42 cards
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Questions
42
Answers
1
All businesses that buy products for use in their operations are part of the
organizational market
optional market
consumer market
customer market
2
The five forms of utility are:
form, place, time, possession, and time.
form, place, time, value, and information.
form, produce, place, price, and promotion.
promotion, value, prosperity, goods, and services.
3
The impact of marketing affects the economy and
families at home and abroad.
standard of living in countries around the world.
people who live in it.
people with jobs.
4
This refers to activities related to advertising, personal selling, sales promotion & publicity
place
products
pricing
promotion
5
The market that consists of those who purchase goods and services for personal use is known as
an optional market
an organizational market
a known market
a consumer market
6
All seven of the core marketing functions focus on
the public
the business
the homefront
the consumer
7
A target market is a group that is
identified for a specific marketing program
only used to promote a product to
a group of people that have nothing in common
similar
8
A website with data or research about safety recalls would be an example of
insurance utility
form utility
product placement
information utility
9
The attitude of the person who may own this car may be
sly, loud, quiet
reserved, kind, caring
daring, out-going, risky
afraid, timid, shy
10
A percentage of total sales volume generated by all companies that compete in a given market is
market demand.
market showing.
market share.
market concepts.
11
Kleenex and Puffs are brand names for this generic product
paper plates
toilet paper
sandwich baggies
tissues
12
The income level of the person who many own this home may be
$30,000
less than $20,000
$40,000-$60,000
$200,000-$250,000
13
Deciding how to get goods directly into the customers hands
selling
channel management
marketing information
market planning
14
Ziploc and Glad are brand names of this generic product
plastic shopping bags
tape
twisty-ties
zip top bags
15
An intangible item that has monetary value and satisfies your needs and wants is a
self-help book.
want.
good.
service.
16
Due to the colors and design of this toy, who might it be PURCHASED for?
teenagers
baby boys
baby girls
grandpas
17
Choosing what to make or sell is this part of the marketing mix
price
promotion
product
place
18
TV ads, newspapers, internet ads, and coupons are all examples of
product placement.
promotion.
purpose.
profit.
19
What type of person may order this cake
soccer mom
all three
single dad
loving, grandma who wants to spoil her grandchild
20
This is what is exchanged for the product
price
place
product
promotion
21
What is the purpose of a customer profile?
To find out what type of soap a Mom would buy.
To answer essential questions.
To find out what people want for dinner.
To describe everything about a person w/in a target market.
22
The means of getting a product into a consumers hands is this part of the marketing mix
product
place
promotion
price
23
This tasty snack is most often purchased by
moms and dads
grandparents
healthy yogis
teens
24
The average income of a person who owns this home may be
$40,000-$90,000
$300,000+
$20,000
$150,000-$200,000
25
Classifying customers by characteristics is called
market segmentation
market sectioning
market sizing
market profile
26
M&M's are the brand favorite for this generic product
chocolate morsels
chocolate kisses
chocolate drops
chocolate coated candy pieces
27
Age, gender, income level, and behavior are just a few components of a
customer promise
customer promotional ad
customer profile
customer price scale
28
M&M's melt in your mouth
not in your pocket
not in your cereal
not in your hand
not in your car
29
Having a product or service available ONLY at Christmas would be an example of this type of
shopping utility
promotion utility
time utility
product utility
30
Possession utility is simply the exchange of a
product for product
good for service
product for money
product for produce
31
Attributes of goods and services that make them capable of satisfying wants and needs are known
as cool functions
as utility
as a feature
as goods
32
The idea that a business should strive to satisfy consumers is the
marketing mix.
marketing target.
marketing goal.
marketing concept.
33
Provides customers with goods and services they want
selling
promotion
market planning
channel management
34
A zipper may be more useful if added to fabric and make into a jacket this represents
form utility
product utility
information utility
function utility
35
Product, place, price and promotion make up the
marketing mix
marketing media
marketing target
marketing game
36
What are goods?
something that as moral value
tangible items that have monetary value
something that has personal value
an item that you buy, such as bread
37
Two benefits of marketing are
improved products and competitive prices
improved products and no fees
improved products and new designs
boring products with price issues
38
This fluffy white topping commonly known as whipped topping is most widely known
Cool Whip
Cool Topping
Pie Topping
Cool stuff
39
To inform, persuade, or remind current and potential customers about a product or service
channel management
promotion
pricing
selling
40
Marketing is an activity and process involving many parts that provide
selling and motivation for consumers
reasons to make people purchase items
value for customers, clients, partners & society at large
goods and services to help businesses only
41
The seven core functions of marketing define _____ aspects of marketing.
SOME
ALL
PART
NONE
42
Skittles
"taste the rain"
"beast mode"
"eat the rainbow"
"taste the rainbow"