Preview

Mkt 421

Good Essays
Open Document
Open Document
541 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mkt 421
1) A small manufacturing firm has just experienced a rapid drop in sales. The marketing manager thinks that he knows what the problem is and has been carefully analyzing secondary data to check his thinking. His next step should be to

A. conduct an experiment B. develop a formal research project to gather primary data C. conduct informal discussion with outsiders, including intermediaries, to see if he has correctly defined the problem D. develop a hypothesis and predict the future behavior of sales

12) The marketing manager at Massimino & McCarthy, a chain of retail stores that sells men's clothing, is reviewing marketing research data to try to determine if changes in marketing strategy are needed. Which of the following sources of data would be a secondary data source?

A. Looking through the company's marketing information system to see past sales trends B. Reviewing videotapes of a recent focus group C. Making phone calls to some of the best customers to learn their interest in a new line of clothing D. Spending time in stores observing customers' behavior

13) Which of the following statements about consumer products is true?

A. Convenience products are those that customers want to buy at the lowest possible price. B. Shopping products are those products for which customers usually want to use routinized buying behavior. C. Specialty products are those that customers usually are least willing to search for. D. Unsought products are not shopped for at all.

14) The attitudes and behavior patterns of consumers making a purchasing decision are part of the

A. political environment B. social and cultural environment C. competitive environment D. firm's resources and objectives

15) The observing method in marketing research

A. uses personal interviews B. may require customers to change their normal shopping behavior C. is used to gather data without consumers being influenced by the process

You May Also Find These Documents Helpful

  • Good Essays

    Fast Fit Case 1-6

    • 1718 Words
    • 7 Pages

    B. What are three important uses of this information at the store by the store…

    • 1718 Words
    • 7 Pages
    Good Essays
  • Powerful Essays

    str 581 finals

    • 1770 Words
    • 8 Pages

    5) A company can take several steps to improve the quality of its marketing intelligence. If the company purchases competitive products for study, attends open houses and trade shows, and reads competitors' published reports and stockholder information, the company is using ________ to improve the quality of its marketing intelligence.…

    • 1770 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    MKT 575

    • 4735 Words
    • 7 Pages

    Althaus, Scott. 2003. Collective Preferences in Democratic Politics: Opinion Surveys and the Will of the…

    • 4735 Words
    • 7 Pages
    Best Essays
  • Good Essays

    5. Consumers who are well aware of the brands they prefer and are willing to make a special effort to obtain them are primarily interested in _____ products.…

    • 578 Words
    • 3 Pages
    Good Essays
  • Good Essays

    When a customer is looking to make a purchase there are three broad categories that a consumer will generally follow: routine response behavior, limited decision making and extensive decision making. The easiest way to figure out…

    • 837 Words
    • 4 Pages
    Good Essays
  • Good Essays

    MOD 4

    • 776 Words
    • 4 Pages

    2: Name and describe the types of buying decision behavior and describe a personal example for each.…

    • 776 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Marketing

    • 491 Words
    • 2 Pages

    20. A marketing manager is considering opportunities to export her firm’s current consumer products to several different countries. She is interested in getting secondary data that will help her narrow down choices to countries that offer the best potential. The manager then plans to do more detailed primary research…

    • 491 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Yes! Consumers need to base their purchase by analyzing the product with the question of what, where, when, why and how questions related to the product. Although a good SWOT analysis when deciding to buy…

    • 925 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    * consumers are bombarded by merchandising and messaging that promotes the consumption of a good that frequently is a ‘homogenized’ version of an internationally fashionable product…

    • 3985 Words
    • 16 Pages
    Good Essays
  • Satisfactory Essays

    Brand Equity

    • 8576 Words
    • 35 Pages

    2. The strategic branch management process involves four main steps. Which of the following would NOT be among those steps?…

    • 8576 Words
    • 35 Pages
    Satisfactory Essays
  • Good Essays

    kotler06 tif

    • 7525 Words
    • 35 Pages

    ________ is the study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and wants.…

    • 7525 Words
    • 35 Pages
    Good Essays
  • Satisfactory Essays

    Consumer Behavior

    • 9466 Words
    • 38 Pages

    D. The overall model of consumer behavior presented in the text is accurate in predicting consumer behavior.…

    • 9466 Words
    • 38 Pages
    Satisfactory Essays
  • Good Essays

    Test grammar

    • 4411 Words
    • 34 Pages

    3. I don't feel any ____ to give my boss more than two weeks notice when I leave.…

    • 4411 Words
    • 34 Pages
    Good Essays
  • Good Essays

    Product Mix

    • 379 Words
    • 2 Pages

    Convenience Goods: Frequent purchases with minimum efforts, readily accessible when consumer demands arises.e.g. Soaps, Newspapers, Light bulbs etc.…

    • 379 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Levels Of Product

    • 1985 Words
    • 6 Pages

    1. Convenience products: Convenience products are consumer products and services that customers usually buy frequently as soon as they feel the need for them and with a minimum of comparison and buying effort. They require minimum or no planning before the purchase. Convenience products are usually low priced. Examples include laundry detergent soft drinks, cigarettes, chocolates, candy and fast food.…

    • 1985 Words
    • 6 Pages
    Good Essays

Related Topics