Podcast
Questions and Answers
What is the primary goal of promotion?
What is the primary goal of promotion?
- Find a niche in the marketplace for the firm and its goods
- Create efficient delivery channels
- Convince target buyers that a firm's products offer competitive advantages (correct)
- Develop control throughout the stages of the product life cycle
A foreign boiler producer creating easy installation products for North America is an example of:
A foreign boiler producer creating easy installation products for North America is an example of:
- Product-communications extension
- Product invention
- Product adaptation (correct)
- Communications adaptation
Advertisements provoking a buying response by appealing to humor are based on:
Advertisements provoking a buying response by appealing to humor are based on:
- Melodramatic appeals
- Rational appeals
- Sex appeals
- Emotional appeals (correct)
A company that buys products from manufacturers and sells to retailers is known as a:
A company that buys products from manufacturers and sells to retailers is known as a:
Which is not part of the promotional mix?
Which is not part of the promotional mix?
If demand increases more than proportionally to a price decrease, demand is considered:
If demand increases more than proportionally to a price decrease, demand is considered:
Which marketing strategy is PINK utilizing?
Which marketing strategy is PINK utilizing?
What type of marketing aims to meet current needs while preserving future generations' ability to meet their needs?
What type of marketing aims to meet current needs while preserving future generations' ability to meet their needs?
Which channel function is being performed by the wholesaler in the scenario involving Kim's convenience and Dentyne gum?
Which channel function is being performed by the wholesaler in the scenario involving Kim's convenience and Dentyne gum?
Which trade agreement has replaced GATT and lowered trade barriers worldwide?
Which trade agreement has replaced GATT and lowered trade barriers worldwide?
What is the principal purpose of promotion?
What is the principal purpose of promotion?
Which of the following is NOT one of the options provided in the text?
Which of the following is NOT one of the options provided in the text?