Ask Marketing Management Expert

Question 1: Best Buy instituted a system in all of its stores that customizes their product offerings for the five key customer segments it has identified: affluent professional males, young entertainment enthusiasts, upscale suburban moms, families who are practical technology adopters, and small businesses with fewer than 20 employees. This focus implies that Best Buy is:

ethnocentric.

demand-based.

sales-centric.

supply based.

customer-centric.

Question 2: Media vehicles like People magazine and The Chicago Tribune appeal to a wide cross section of the population. In contrast, Self magazine and The Food Network have high levels of:

longevity.

audience selectivity.

geographic selectivity.

flexibility.

market singularity.

Question 3: Joe Elias sells for Rush Beverages. He is trying to convince retailers to carry his company's Ginseng Rush, a new all-natural beverage that delivers an energy punch without caffeine. When he gets retailers to agree to stock his product, he asks them for the names of other retail operations that might be interested in carrying it. He is using _______ to get his sales leads.

networking

cold calls

referrals

direct marketing

noncompeting sales

Question 4: How can personal selling costs be controlled?

By increasing the time that the sales force spends on personal selling.

By adjusting the size of the sales force en masse.

By offering the sales force benefits such as stock options.

By dropping and replacing the entire sales force.

By adjusting the size of the sales force in one-person increments.

Question 5: Walmart captures point-of-sale transactions from thousands of stores in several countries and continuously transmits these data to its massive data warehouse. Walmart allows more than 3,500 suppliers to access data on their products and perform data analyses. These suppliers use the data to identify customer buying patterns at the store level. They use this information to manage local store inventory and identify new merchandising opportunities. Both Walmart and its suppliers are engaged in:

information formatting.

database enhancement.

data mining.

data shading.

descriptive modeling.

Question 6: Consultative selling:

uses limited sales planning.

uses a "lone wolf" approach to selling.

sells advice, assistance, and counsel rather than products.

uses short-term follow-ups, which focus on product delivery.

emphasizes closing the sale during the sales presentation.

Question 7: Why do companies with new brands that have a small market share tend to spend proportionately more for advertising and sales promotions compared to those with a large market share for existing products?

As a result of experiential marketing research

To create the appropriate level of institutional advertising

To determine which executional appeal is the most effective

To achieve a certain minimum level of exposure to measurably affect purchase habits

To prevent product cannibalization

Question 8: Guilden Corporation has instructed its new salesperson that she is responsible for selling five display cases with infrared heating capability per week, plus calling on five current and 10 potential customers. These objectives comprise her:

promotion goal.

fulfillment.

quota.

contribution.

potentiality.

Question 9: The Jefferson Smurfit Company is a multi-billion-dollar supplier of packaging materials. One of its salespeople rearranged production schedules at three different plants to satisfy an unexpected demand for boxes from General Electric. The salesperson's action is typical of the company's sales philosophy and indicates an emphasis on:

consultative selling.

relationship selling.

adaptive selling.

transformational selling.

transactional selling.

Question 10: The many uses of OxiClean products are shown in a program-length television commercial. This is a(n) _________ form of advertising.

mega-mercial

ad expander

infomercial

prolonged ad

extended sales pitch

Question 11: The most popular sales incentives are ________.

cash awards

vacations

plaques and trophies

stock options

public recognition in front of family and peers

Question 12: The UPS Store's advertising "What Can Brown Do For You" whiteboard campaign tells business consumers that when it comes to getting their products delivered somewhere, UPS can help. The advertising is focusing on:

creating advertising appeal.

production implementation.

a product mission.

creating product loyalty.

a product benefit.

Question 13: M&M's famous slogan, "melts in your mouth, not in your hand," is an example of a(n):

unique selling proposition.

advertising objective.

basis for lifestyle strategy.

promotional mix.

basis for comparative advertising.

Question 14: Martina buys cola every week at the grocery store, but she always buys whatever is on sale. Coca Cola, Pepsi, RC Cola--it doesn't matter to her. She is happy with whatever costs the least. Martina would be characterized as a:

loyal customer.

competitor's customer.

price buyer.

cherry picker.

freeloader.

Question 15: Cranium, the Seattle-based toy company, has recently introduced Giggle Gear, a toy designed to let kids' imagination run wild. With the face and headpieces that make up Giggle Gear, kids can change themselves into aliens, fairies, bugs and robots. What type of advertising will this company be using to promote this new toy?

Pioneering

Innovative

Promotional

Start-up

Comparative

Question 16: Exxon Mobil has launched a series of ads promoting its commitment to alternative energy sources during a time when the company is recording record profits while consumers struggle with high gas prices and environmentalists are concerned that burning fossil fuels is contributing to the acceleration of global warming. This is an example of ________ advertising.

global

homogeneous

pioneering

advocacy

image

Question 17: Lopez is the largest Hispanic-owned meat processor in the United States. To assist retailers in marketing its products, Lopez provides point-of-sale materials and offers special introductory discounts to retailers. Lopez uses:

functional marketing.

relationship selling.

consumer promotions.

startup marketing.

trade promotions.

Question 18: Danita is in charge of new business development for her advertising agency. She recently made a sales presentation to the administration of Northwest Medical System to discuss the creative approaches her agency would use to differentiate Northwest Medical from its competition. Danita ended the presentation by asking, "When would you like our firm to begin working on your new brand awareness campaign?" In which stage of the selling process would such a question most likely be asked?

Closing the sale

Follow-up

Dealing with cognitive dissonance

Handling the objection

Qualifying the prospect

Question 19: The biggest category of sponsorships involves __________, which accounts for almost 68 percent of spending in sponsorships.

education

arts and festivals

political causes

sports

music

Question 20: Boeing is one of the largest aircraft manufacturers in the world. The company sells aircrafts to airlines around the world, such as Delta, China Air, and AirFrance. You would expect Boeing to rely on ________ to promote its airplanes.

publicity

advertising and sales promotion

sales promotion

personal selling

product innovations and direct marketing.

Marketing Management, Management Studies

  • Category:- Marketing Management
  • Reference No.:- M91304972
  • Price:- $20

Guranteed 24 Hours Delivery, In Price:- $20

Have any Question?


Related Questions in Marketing Management

Question 1 application of conceptstime value of money2

Question: 1. Application of concepts/time value of money? 2. Which is more detrimental to a firm, pricing your product or service too high, or pricing your product or service too low? 3. Discuss the role of demographics ...

Question imagine that you are in the market for a new

Question: Imagine that you are in the market for a new career. How can the marketing research process apply to your career search? Think of a specific topic you need to learn more about that relates to your career as a o ...

Question strategic marketing planintroductionthis

Question: STRATEGIC MARKETING PLAN INTRODUCTION This assignment entails development of a comprehensive strategic marketing plan for a new product or service that is ready to "go to market". A Project Template is provided ...

Qestion ready set strive gen z is comingby janet adamy

Question: Ready, Set, Strive : Gen Z Is Coming By Janet Adamy | Sep 07, 2018 TOPICS: Consumer Behavior, External Marketing Environment, Targeting SUMMARY: About 17 million members of Generation Z are now adults and start ...

Question in your marketing plan you should1establish a

Question: In your Marketing Plan, you should: 1. Establish a Mission Statement and a Vision Statement for your new organization. 2. Briefly describe basic services it has been providing during the first six months of ope ...

Question 1review the terminal course objectives accessed by

Question: 1. Review the Terminal Course Objectives, accessed by clicking on the "Course Information" tab at the top of your screen, scrolling down to the "Course Objectives" and then selecting View class objectives. How ...

Question read the worddoc first and answer those following

Question: Read the word.doc first and answer those following question 1. Provide a list of at least five pieces of information that airlines have about their customers, and for each, explain how that information might he ...

In this unit you are asked to produce a public relations

In this unit you are asked to produce a Public Relations Campaign Proposal document and an essay that explains the theory behind your planned approach to the Proposal task. You may base your assessment on the suggested s ...

Question 1200 words on your favorite retailer and their

Question: 1200 words on your favorite retailer and their major competitor as discussed in class. This should focus on the different elements that make up the retail strategy of the companies and other factors that appeal ...

Question bulltype of paper assignmentbullsubject

Question: • Type of paper Assignment • Subject Other • Number of pages 1 • Format of citation Other • Number of cited resource s0 • Type of service Writing from scratch First, choose a piece of art from any genre (music, ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As