Mktg 3701 f Study guides, Class notes & Summaries

According to your text, what is the most basic concept in marketing? correct answers determining the difference between consumer needs and wants All of the following are elements contained in the 4 Ps of the marketing mix EXCEPT? correct answers profit. Daphne used to work in the city where she would take public transportation to work. However, she just took a new job in the suburbs and now not only has to find a place to live, but also has to buy a car to get to and from her job. For Daph...

In global marketing research, what kind of information is best acquire from secondary data? -Restrictions on the importing of products such as quotas or tariffs -Promotional activities of competitors -Sales of a company's own products in a foreign country -Prices being charged for a product by a competitor -Information about products being sold by a competitor correct answers Restrictions on the importing of products such as qoutas or tarrifs The set of distinctive characteristics t...

According to your text, what is the most basic concept in marketing? correct answers determining the difference between consumer needs and wants All of the following are elements contained in the 4 Ps of the marketing mix EXCEPT? correct answers profit. Daphne used to work in the city where she would take public transportation to work. However, she just took a new job in the suburbs and now not only has to find a place to live, but also has to buy a car to get to and from her job. For Daph...

Margin Formula correct answers (Sell Price-COGS)/Sell Price Sell Price Formula correct answers COGS/(1-Margin) Cost Formula correct answers Sell Price(1-Margin) Marketing correct answers Creating, communicating, and delivering value Product Orientation correct answers Focus on efficient processes to create quality products and reduce costs. Prior to 1920's Sales Orientation correct answers Use personal selling and advertising to sell products. Great depression era, after 1920's ...

If Ford purchased the same number of brakes from NUCAP on a regular basis, it would be participating in a straight rebuy? correct answers True Which of the following activities is most likely to be an example of routine decision making? correct answers the purchase of toilet paper For a product to be called a business product, it must be used to manufacture other products, become part of another product, or facilitate the normal operations of a firm? correct answers True Consumable item...

According to your text, what is the most basic concept in marketing? - correct answer determining the difference between consumer needs and wants All of the following are elements contained in the 4 Ps of the marketing mix EXCEPT? - correct answer profit. Daphne used to work in the city where she would take public transportation to work. However, she just took a new job in the suburbs and now not ...

Mimi Couturier is a design company that specializes in formalwear for women. The company is known for challenging fashion mores. The fashion designers use computer assisted design software to create what it thinks women should wear. The company regularly hires industry experts to examine its factories to find waste and inefficiencies that can be eliminated. The company has expanded the number of products it offers for sale many times. However, for the last two years Mimi Couturier has lost money...

In global marketing research, what kind of information is best acquire from secondary data? -Restrictions on the importing of products such as quotas or tariffs -Promotional activities of competitors -Sales of a company's own products in a foreign country -Prices being charged for a product by a competitor -Information about products being sold by a competitor Restrictions on the importing of products such as qoutas or tarrifs The set of distinctive characteristics that lead an ind...

If Ford purchased the same number of brakes from NUCAP on a regular basis, it would be participating in a straight rebuy? ANS: - True Which of the following activities is most likely to be an example of routine decision making? ANS: - the purchase of toilet paper For a product to be called a business product, it must be used to manufacture other products, become part of another product, or facilitate the normal operations of a firm? ANS: - True Consumable items that do...

What is the most basic concept in Marketing? correct answers Determining the difference between consumer needs and wants What are the 4 Ps of the Marketing Mix? correct answers Product, Price, Place, Promotion Daphne used to work in the city where she would take public transportation to work. However, she just took a new job in the suburbs and now not only has to find a place to live, but also has to buy a car to get to and from her job. For Daphne, these things represent? correct answers ...