BUSN 319 Marketing Week 4 Quiz Answers

 BUSN 319 Marketing Week 4 Quiz Answers

BUSN 319 Week 4 Quiz

  1. (TCO 1) The broad goal of _____ is to identify and define both marketing problems and opportunities and to generate and improve marketing actions. (TCO 1) A decision is 
  2. (TCO 1) Research objectives are the 
  3. (TCO 1) An interview is an example of which type of marketing research? 
  4. (TCO 1) One test of whether marketing research should be done is 
  5. (TCOs 3 and 4) Fisher-Price managers developed a(n) _____ for the Chatter Telephone that involved adding a noisemaker, wheels, and eyes to the basic telephone. 
  6. (TCO 1) The two main types of data are 
  7. (TCO 3) Aggregating prospective buyers into groups that have common needs and will respond similarly to a marketing action is referred to as 
  8. (TCOs 3 and 4) MyTwinn makes dolls that look like young girls. For $119, it will make a doll that looks just like a photograph. So, if you send in the money and a photo of your young niece, she could have a doll that is her twin! This is an example of 
  9. TCO 6) The five key steps in segmenting and targeting markets 
  10. (TCO 6) Which of the following is not a criterion used in forming segments? 
  11. (TCOs 3, 5, and 6) A market-product grid is a framework to relate 
  12. (TCOs 2 and 6) Which of the following is a criterion used for selecting a target segment? 
  13. (TCOs 3, 5, and 6) Changing the place an offering occupies in consumers' minds relative to competitive products is called 
  14. (TCOs 3, 5, and 6) Which of the following data are collected from consumers to develop a perceptual map for a particular product? 
  15. (TCOs 1, 3, 5, and 6) A _____ is a group of products that are closely related because they satisfy a class of needs, are used together, are sold to the same customer group, are distributed through the same types of outlets, or fall within a given price range. 
  16. (TCOs 1, 3, 4, 5, and 6) New chewing gum flavors like lemon-lime, crystal mint, and mint mojito helped Wrigley’s add to its sales. These new flavors are which type of innovation? 
  17. (TCOs 1, 2, 3, 4, 5, and 6) A young musician goes on tour to promote his newest songs. The concerts are a huge success, but due to technical problems, the musician's songs are not posted to iTunes until 6 weeks after the tour. Why did song sales fall far short of plans? 
  18. (TCOs 1, 2, 3, 4, 5, and 6) A company defines the role for new products in terms of the firm's overall corporate objectives in the _____ stage of the new-product process.
  19. (TCOs 3, 4 and 6) When audiences are allowed to preview actual movies, such as Pretty Woman and National Treasure: Book of Secrets, before they are released to the general public, it is a part of the _____ stage of the new-product process. 
  20. (TCOs 1, 3, 4, 5, and 6) A product in the introduction stage of the product life cycle should have which of the following marketing objectives? 
  21. (TCOs 1, 3, 5, and 6) When the Floral Council advertises giving flowers as a thoughtful and appreciated gift for any occasion, it is trying to stimulate _____ demand. 
  22. (TCOs 1, 3, 5, and 6) The stage in the product life cycle labeled C in the below figure is called 
  23. (TCOs 1, 3, 5, and 6) Which of the following is a characteristic of the growth stage of the product life cycle? 
  24. (TCOs 1, 3, 5, and 6) The swoosh that appears on every Nike product is an example of a