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Marketing Process & Pricing Strategy Quiz
10 Questions
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Marketing Process & Pricing Strategy Quiz

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Questions and Answers

Which orientation believes that consumers will not buy enough of the company’s products unless it undertakes pressure selling tactics and heavy promotion efforts?

  • Customer Orientation
  • Product Orientation
  • Production Orientation
  • Selling Orientation (correct)
  • What was Henry Ford's belief about reducing costs and its impact on consumer behavior?

  • Consumers will not buy products with reduced costs
  • Cost reduction will not impact consumer behavior
  • Reducing costs will lead to increased preference for the product (correct)
  • Reducing costs will reduce the quality of the product
  • Which company in the text exemplifies a strong focus on innovative features, quality, and performance according to the product concept?

  • Ford
  • Egypt Telecom
  • Apple (correct)
  • Samsung
  • What type of goods do companies following the selling orientation typically promote using pressure selling tactics?

    <p>Unsought goods like life insurance and cemetery plots</p> Signup and view all the answers

    Which orientation believes that continuous improvements in product quality are crucial for company success?

    <p>Product Orientation</p> Signup and view all the answers

    What color were telephone instruments originally produced in by Egypt Telecom due to its monopoly?

    <p>Black</p> Signup and view all the answers

    In the context of marketing orientations, what was the main concern of Henry Ford regarding customers' preferences?

    <p>Ignoring customers' preferences for color</p> Signup and view all the answers

    Which orientation is primarily focused on reducing production costs to make products more affordable?

    <p>Production Orientation</p> Signup and view all the answers

    What type of consumer products are promoted using pressure selling tactics according to the selling orientation?

    <p>Unsought goods such as life insurance</p> Signup and view all the answers

    Which company exemplifies focusing on the most innovative features, quality, and performance according to the product concept?

    <p>Apple</p> Signup and view all the answers

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