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Name that Marketing Standard Flashcards | StudBud
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Name that Marketing Standard
Name that Marketing Standard
15 terms
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StudBud Administration
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1,211 plays
Introduction to the seven core standards of marketing
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
Management decides how much money should be budgeted to each department
Channel Management
Marketing Information Management
Financing
Pricing
2
A big screen TV was marked down 20%
Financing
Pricing
Selling
Product/Service Management
3
A major corporation analyzes a specific metropolitan market to see if relocation is a good idea
Product/Service Planning
Promotion
Market Planning
Financing
4
When visiting a company’s website, customers are encouraged to complete a brief survey
Selling
Promotion
Marketing Information Management
Pricing
5
Raw materials for use in production were shipped by truck to the company
Product/Service Planning
Promotion
Selling
Channel Management
6
A salesperson uses a local telephone directory to contact potential customers
Marketing Information Management
Selling
Channel Management
Promotion
7
A consumer answers survey questions after tasting a new food product
Product/Service Management
Market Planning
Marketing Information Management
Promtion
8
A bank loan is used to purchase additional stock for the holiday season
Pricing
Channel Management
Marketing Information Management
Financing
9
A shampoo producer decides to add a range of conditioners to its product line
Product/Service Management
Selling
Promotion
Distribution
10
Sleds are stored in a warehouse until the appropriate time to sell them
Marketing Information Management
Pricing
Channel Management
Product/Service Planning
11
Management of a fast-food restaurant creates a new breakfast menu
Market Planning
Promotion
Selling
Product/Service Management
12
A salesperson answers a customer’s questions about the operation of an iPad
Selling
Product/Service Management
Financing
Promotion
13
A company decides to slash prices of their sneakers due to the opening of a competing store
Pricing
Selling
Market Planning
Promotion
14
A newspaper article appears about the opening of a new business.
Selling
Marketing Information Management
Pricing
Promotion
15
Management has decided to use newspaper ads rather than television commercials
Promotion
Financing
Pricing
Product/Service Planning