stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Review of Marketing Flashcards | StudBud
Explore
/
Review of Marketing
Review of Marketing
9 terms
·
StudBud Administration
·
19 plays
Basic review of Marketing concepts for upper level sales course.
Flashcards
9 cards
F
Practice quiz
P
Host live
L
Questions
9
Answers
1
Which school's mascot is represented in the picture?
Kennesaw State University
Ball State University
University of Georgia
Atlanta Falcons
2
Which element of the marketing mix is best illustrated in the picture?
Differentiation Strategy
Positioning Strategy
Product Strategy
Segmentation Strategy
3
ROI =
(Cost / Profit) x 100
Profit x 100%
(Revenue)^3 / (Profit + Cost)^2 + (Revenue)
((Revenue - Investment) / Investment) x 100
4
The primary purpose of marketing activity is to:
Create or facilitate an exchange
Communicate the product's features
Sell something
Position a product (product positioning)
5
The business in this picture has a problem with it's:
Segmentation Strategy
Channels Strategy
Pricing Strategy
Branding Strategy
6
Dell sells computers directly to consumers, and through Amazon and Best Buy. This strategy is:
Product Strategy
Sales Strategy
Channels Strategy
Pricing Strategy
7
The two basic factors influencing the purchase decision are:
Price and Risk
Value and Price
Value Gain and Risk Borne
Price and Need
8
CLV is an acronym for:
Customer Lifetime Value
Customer Led Value
Consumer Led Values
Consumers Love Value
9
NPV
is based on the time value of money.
is a concept all business students should understand.
stands for net present value.
is part of the more sophisticated CLV calculation.