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Unit 1.02 Marketing Review

Quiz by Belinda Pridgen

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20 questions
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  • Q1
    There are many activities in marketing that are interrelated and similar in purpose. These activities are referred to as marketing
    strategies
    tactics
    functions
    responsibilities
    30s
  • Q2
    Ryan is working with his marketing team to set goals and create a budget for the upcoming year. Which marketing function is Ryan performing?
    Market planning
    Pricing
    Product/Service management
    Selling
    30s
  • Q3
    Which marketing function involves creating the correct product mix for a business?
    Marketing-information management
    Financing
    Selling
    Product/Service management
    30s
  • Q4
    Making both buyers and sellers feel they are getting good value is part of the __________ function of marketing.
    pricing
    purchasing
    promotion
    financing
    30s
  • Q5
    Gathering, accessing, synthesizing, evaluating, and disseminating data for use in making business decisions is the responsibility of
    product development.
    market planning.
    product/service management
    marketing-information management
    30s
  • Q6
    Communicating information to consumers or clients about products, images, or ideas to achieve a desired outcome is the __________ function.
    pricing
    planning
    promotion
    purchasing
    30s
  • Q7
    Which marketing function involves determining where products will be sold?
    Servicing
    Promotion
    Channel management
    Selling
    30s
  • Q8
    In what marketing activity do businesses engage to meet the wants and needs of consumers?
    Product/Service management
    Cost-benefit analysis
    Market planning
    Pricing
    30s
  • Q9
    A product being in great demand is a factor that might encourage businesses to
    decrease inventory
    contact competitors.
    gather information.
    adjust prices
    30s
  • Q10
    Identify the marketing function in the following situation: While shopping at the mall, Susan is asked her opinion of different brands of shampoo.
    Marketing-information management
    Specialty advertising
    Promotion
    Behavioral segmentation
    30s
  • Q11
    The marketing function that is responsible for the flow of goods or services from the producer to the customer is
    product/service management.
    purchasing
    selling
    channel management
    30s
  • Q12
    Identify the marketing function illustrated in the following situation: Martha wants a winter coat and sees a style she likes in a magazine advertisement.
    Purchasing
    Selling
    Pricing
    Promotion
    30s
  • Q13
    The marketing function which involves the matching and satisfying of customer wants and needs with available goods or ser-vices is
    purchasing
    market research
    prospecting
    selling
    30s
  • Q14
    The marketing function that includes creating strategies to attract the target customer to a business is
    channel management
    pricing
    market planning.
    marketing-information management.
    30s
  • Q15
    How can Tracy make sure that her marketing campaigns support her company’s goals?
    Use pricing strategies
    Engage in market planning
    Speak with customers
    Select the right channels
    30s

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