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1. Which group is experiencing the fastest population growth today?

o African Americans

o Asian Americans

o Caucasian Americans

o Hispanic Americans

2. What is the second stage of the consumer buying process?

o Purchase decision

o Buyer satisfaction

o Information search

o Evaluation of alternatives

3. When purchasing, in which state does the consumer set a minimum acceptable cutoff level for each attribute and then makes a buying decision?

o Lexicographic heuristic

o Elimination-by-aspects heuristic

o Indirect heuristic

o Conjunctive heuristic

4. Which other dimension is the VALS classification system based on besides consumer motivation?

o Consumer support

o Consumer beliefs

o Consumer retention

o Consumer resources

5. Which of the following is a tool a company uses to position its brands attributes in the minds of those in the organization?

o Brand positioning bull's eye

o Competitive analysis

o Brand perceptual analysis

o Industry analysis

6. In behavioral segmentation, a product or service is grouped by which other dimension besides knowledge of, attitude toward, and use of?

o Dimension to

o Relationship to

o Value to

o Response to

7. Which of the following is known in marketing as attributes of a product or service that may not be unique to the product or service?

o Points-of-difference

o Brand reference

o Points-of-reference

o Points-of-parity

8. When searching for a supplier, which of the following provides the broadest reach of possible suppliers in today's competitive market environment?

o Standard & Poor's

o Business associates

o Trade directories

o Internet

9. Which market is known as the invisible market segment?

o Caucasian American

o African American

o Hispanic American

o Asian American

10. How many primary groups does VALS classify U.S. adults into based on personality traits and key demographics?

o Nine

o Two

o Seven

o Eight

11. Which of the following would consumers associate closely with a brand?

o Customer focuses

o Brand attitudes

o Points of reference

o Points-of-difference

12. Which term describes the diverse needs of many ethnic market segments?

o Multidiversity marketing

o Multicultural marketing

o Multifaceted marketing

o Mass marketing

13. What other dimension helps market segments be measurable, substantial, accessible, and differentiable?

o Reasonable

o Obtainable

o Functional

o Actionable

14. Which other factor does an organization's marketing strategy focus on: segmentation, targeting, and

o perceptual mapping

o positive marketing

o positioning

o possession

15. Which of the following marketing strategies does not concentrate on recognizing differences in customers' needs in the organization?

o Direct

o Concentrated

o Niche

o Undifferentiated

16. Which of the following is known as the process of creating a segment storyboard to test the attractiveness of each segment?

o Segment acid test

o Marketing-mix strategy

o Needs-based segmentation

o Segment attractiveness

17. Which other criteria helps make up the three criteria for a successful brand mantra: inspire, simplify, and

o create

o infuse

o inflate

o communicate

18. Which of the following is used to determine a competitive frame of reference for brands to compete against other brands due to their closeness as substitutes?

o Market membership

o Product membership

o Category membership

o Industry membership

19. Which of the following tools do marketers use to visually illustrate how consumers view products or services on multivariables?

o Brand extensions

o Point-of-difference

o Brand cannibalizations

o Perceptual mapping

20. Which of the following do marketers use to give consumers a special reason for them to purchase a product or service?

o Value proposition

o Consumer response

o Value-added product

o Product demand

21. Which of the following do brand mantras attempt to define?

o Similarity to other brands

o Points of difference to other brands

o Brand equity

o Brand identity

Marketing Management, Management Studies

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