Marketing Environment Quiz
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Questions and Answers

Which one of the following is NOT considered part of a company's microenvironment?

  • Intermediaries
  • Competitors
  • Demographics (correct)
  • Suppliers

Marketing intermediaries are firms that help the company with which of the following activities?

  • Promotion
  • Advertising
  • Distribution (correct)
  • Product development

Which generation is characterized as people born between 1965 and 1976?

  • Baby boomers
  • Gen X (correct)
  • Millennials
  • None of the above

What is the study of human populations in terms of size, density, location, age, gender, race, occupations, and other statistics called?

<p>Demography (C)</p> Signup and view all the answers

Which one of the following is considered part of a company's macroenvironment?

<p>Economics (C)</p> Signup and view all the answers

Which group has an interest or impact on an organization's ability to achieve its objectives?

<p>Financial publics (D)</p> Signup and view all the answers

What is the term used to describe people born between 1977 and 2000?

<p>Millennials (C)</p> Signup and view all the answers

Which generation is referred to as Gen Z?

<p>People born after 2000 (D)</p> Signup and view all the answers

What does the term 'economic environment' refer to?

<p>The factors that affect consumer purchasing power and spending patterns (D)</p> Signup and view all the answers

What does 'environmental sustainability' involve?

<p>Developing strategies for creating a sustainable world economy (D)</p> Signup and view all the answers

What does the 'technological environment' encompass?

<p>Forces that create new technologies and market opportunities (A)</p> Signup and view all the answers

What does the 'political environment' include?

<p>Laws, government agencies, and lobbies that influence organizations and individuals (D)</p> Signup and view all the answers

What does the 'natural environment' refer to?

<p>The physical environment and natural resources needed by marketers (A)</p> Signup and view all the answers

What does the 'cultural environment' encompass?

<p>Institutions and other forces that affect a society's values and behaviors (C)</p> Signup and view all the answers

What is the age range of Gen Z?

<p>Born after 2000 (D)</p> Signup and view all the answers

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