Marketing Strategies Quiz Question

EliteIodine avatar
EliteIodine
·
·
Download

Start Quiz

Study Flashcards

Questions and Answers

What is the primary goal of promotion?

Convince target buyers that a firm's products offer competitive advantages

A foreign boiler producer creating easy installation products for North America is an example of:

Product adaptation

Advertisements provoking a buying response by appealing to humor are based on:

Emotional appeals

A company that buys products from manufacturers and sells to retailers is known as a:

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

Which is not part of the promotional mix?

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

If demand increases more than proportionally to a price decrease, demand is considered:

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

Which marketing strategy is PINK utilizing?

<p>Integrated marketing communications</p> Signup and view all the answers

What type of marketing aims to meet current needs while preserving future generations' ability to meet their needs?

<p>Sustainable marketing</p> Signup and view all the answers

Which channel function is being performed by the wholesaler in the scenario involving Kim's convenience and Dentyne gum?

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

Which trade agreement has replaced GATT and lowered trade barriers worldwide?

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

What is the principal purpose of promotion?

<p>Communicate product information to target customers</p> Signup and view all the answers

Which of the following is NOT one of the options provided in the text?

<p>Customized marketing</p> Signup and view all the answers

Use Quizgecko on...
Browser
Browser