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Marketing Management SB

Quiz by Harold N. Noga

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17 questions
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  • Q1
    A generation or cohort is profoundly influenced by the times in which it grows up the music, movies, politics and defining events of that period. Marketers often advertise to a cohort by using images that were associated with one's ________________________________.
    role in the family
    age
    experiences
    life stage
    45s
  • Q2
    These consumers have been “wired” almost from birth – playing computer games, navigating the Web, downloading music, connecting with friends via instant messaging and mobile phones.
    Gen Y
    Centennials
    Baby boomers
    Gen X
    30s
  • Q3
    Marketers often overlook them even if they represent a wealthy target, possessing $1.2 trillion in annual spending power and controlling ¾ of country’s wealth.
    Baby boomers
    Gen Y
    Silent Generation
    Gen X
    30s
  • Q4
    This generation don't see themselves an "old" which makes it wiser for a marketer to capitalize offering products and services that are compatible with how they perceived themselves.
    Baby boomers
    Silent generation
    Gen Y
    Gen X
    45s
  • Q5
    Approach recognizing that different ethnic and cultural segments have sufficiently different needs and wants to require targeted marketing activities, and that a mass market approach is not refined enough for the diversity of the market place.
    race and culture
    multicultural marketing
    culture
    race
    45s
  • Q6
    Age, income, gender, ethnic background and family life cycle are all important factors of _____________ segmentation.
    psychographic
    usage rate
    life cycle
    demographic
    45s
  • Q7
    Amusement park is a gender-specific product. True or False?
    False
    True
    30s
  • Q8
    Psychographics is the science of using psychology and __________________ to better understand consumers.
    behavioral aspects
    life stage
    demographic aspects
    gender aspects
    30s
  • Q9
    In __________________ segmentation, buyers are divided into different groups on the basis of psychological/ personality traits lifestyle or values.
    role
    psychographic
    demographic
    race and culture
    30s
  • Q10
    Different levels of _______________ enhance or constrain a person’s expression of his or her primary motivation.
    resources
    wants
    purpose
    needs
    45s
  • Q11
    Among the four VALS group with higher resources this group are goal-oriented people who focus on career and family. They favor premium products that demonstrate success to their peers.
    Innovators
    Achievers
    Thinkers
    Experiencers
    45s
  • Q12
    This VALS segmentation group with high resources are characterized as mature, satisfied, and reflective people motivated by ideals and who value order, knowledge and responsibility. They seek durability, functionality and value in products.
    Innovators
    Achievers
    Experiencers
    Thinkers
    45s
  • Q13
    If you are among those young, enthusiastic and impulsive people who seek excitement. Thus you spend large part of your income on fashion, entertainment, and socializing you can be considered as:
    achievers
    innovators
    thinkers
    experiencers
    45s
  • Q14
    The four group with lower resources according to VALS segmentation group are:
    thinkers, strivers, innovators, believers
    strivers, makers, survivors, believers
    believers, thinkers, survivors, strivers
    believers, thinkers, survivors, experiencers
    45s
  • Q15
    In this type of segmentation marketers divide buyers into groups on the basis of their knowledge of, attitude toward, use of, or response to a product.
    behavioral segmentation
    psychographic
    demographic segmentation
    lifestyle segmentation
    45s

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