Marketing: Tourism Industry Fundamentals
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Questions and Answers

What is the primary goal of financing in marketing?

To ensure resources are available

What is the purpose of promotion in the marketing mix?

To inform customers about the product

What is a market segment?

A subgroup of the total consumer market who share similar characteristics

What is a characteristic of a market segment?

<p>Identifiable – can be located</p> Signup and view all the answers

What are the 7 core functions of marketing and marketing mix?

<p>Product, Price, Promotion, Place, People, Process, and Physical evidence</p> Signup and view all the answers

What is the ultimate measure of marketing success?

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

What are the 4 A's of Tourism?

<p>Access, Accommodation, Attraction, and Activities</p> Signup and view all the answers

What are the unique characteristics of the tourism industry?

<p>Intangible, Inseparable, Variable, Perishable, Seasonal, and Substitutable</p> Signup and view all the answers

What is the primary goal of marketing according to customer satisfaction?

<p>To satisfy customer wants and needs</p> Signup and view all the answers

What is the core marketing function that involves gathering information?

<p>Marketing Information Management</p> Signup and view all the answers

What are the three characteristics of a high-involvement product, such as tourism?

<p>Expensive, Complex, and Unrepeatable</p> Signup and view all the answers

What is the definition of marketing according to Kotler, Bowen, and Makens?

<p>The art and science of finding, retaining, and growing profitable customers</p> Signup and view all the answers

What is the concept of positioning in marketing?

<p>A deliberate way by which marketers want to position their product</p> Signup and view all the answers

What is the Unique Selling Proposition (USP) in marketing?

<p>What makes the product different</p> Signup and view all the answers

What is the role of culture in consumer behavior?

<p>The collective mental programming of the human mind</p> Signup and view all the answers

What are push factors in consumer behavior?

<p>Those that make you want to travel</p> Signup and view all the answers

What are the six dimensions of culture that influence consumer behavior?

<p>Age and gender, social class, lifestyle, life cycle, reference groups, and personality and self-concept</p> Signup and view all the answers

What is the hierarchy of needs theory in motivation?

<p>Maslow's hierarchy of needs</p> Signup and view all the answers

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