
Unit 1.02 Marketing Review
Quiz by Belinda Pridgen
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20 questions
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- Q1There are many activities in marketing that are interrelated and similar in purpose. These activities are referred to as marketingstrategiestacticsfunctionsresponsibilities30s
- Q2Ryan is working with his marketing team to set goals and create a budget for the upcoming year. Which marketing function is Ryan performing?Market planningPricingProduct/Service managementSelling30s
- Q3Which marketing function involves creating the correct product mix for a business?Marketing-information managementFinancingSellingProduct/Service management30s
- Q4Making both buyers and sellers feel they are getting good value is part of the __________ function of marketing.pricingpurchasingpromotionfinancing30s
- Q5Gathering, accessing, synthesizing, evaluating, and disseminating data for use in making business decisions is the responsibility ofproduct development.market planning.product/service managementmarketing-information management30s
- Q6Communicating information to consumers or clients about products, images, or ideas to achieve a desired outcome is the __________ function.pricingplanningpromotionpurchasing30s
- Q7Which marketing function involves determining where products will be sold?ServicingPromotionChannel managementSelling30s
- Q8In what marketing activity do businesses engage to meet the wants and needs of consumers?Product/Service managementCost-benefit analysisMarket planningPricing30s
- Q9A product being in great demand is a factor that might encourage businesses todecrease inventorycontact competitors.gather information.adjust prices30s
- Q10Identify the marketing function in the following situation: While shopping at the mall, Susan is asked her opinion of different brands of shampoo.Marketing-information managementSpecialty advertisingPromotionBehavioral segmentation30s
- Q11The marketing function that is responsible for the flow of goods or services from the producer to the customer isproduct/service management.purchasingsellingchannel management30s
- Q12Identify the marketing function illustrated in the following situation: Martha wants a winter coat and sees a style she likes in a magazine advertisement.PurchasingSellingPricingPromotion30s
- Q13The marketing function which involves the matching and satisfying of customer wants and needs with available goods or ser-vices ispurchasingmarket researchprospectingselling30s
- Q14The marketing function that includes creating strategies to attract the target customer to a business ischannel managementpricingmarket planning.marketing-information management.30s
- Q15How can Tracy make sure that her marketing campaigns support her company’s goals?Use pricing strategiesEngage in market planningSpeak with customersSelect the right channels30s