Marketing Strategies Quiz Question
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Questions and Answers

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:

  • Product-communications extension
  • Product invention
  • Product adaptation (correct)
  • Communications adaptation

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:

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

Which is not part of the promotional mix?

<p>Place (A)</p> Signup and view all the answers

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

<p>Elastic (B)</p> Signup and view all the answers

Which marketing strategy is PINK utilizing?

<p>Integrated marketing communications (A)</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 (C)</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 (D)</p> Signup and view all the answers

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

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

What is the principal purpose of promotion?

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

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

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

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