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19) While watching a television program, Liza gets a phone call just as a
commercial is starting. She presses the mute button on the television's remote
control and takes the call, so she pays no attention to the commercial. In terms of
the communication process, the telephone call is an example of what?
A. Encoding
B. Noise
C. Decoding
D. Feedback
20) Which of the following functions are performed by wholesalers in the channel
of distribution?
A. Providing information to retailers
B. Placing radio advertisements for retailers
C. Placing newspaper advertisements for retailers
D. Providing goals for retailers
21) Typically the ______________ and the marketing manager are responsible for
building good distribution channels and implementing place policies.
A. public relations manager
B. sales manager
C. advertising manager
D. human resources manager
22) SGCA is having a sales contest to encourage retailers to quickly reduce the
inventory of Super Gamer computers. Retailers with the highest sales during the
next month win an expense paid trip to a special dealer meeting at a resort in
Hawaii. This is
A. probably illegal because it might encourage price competition among retailers
A. exclusive distribution
B. a corporate channel system
C. dual distribution
D. pushing
27) Quality Ceramic, Inc., (QCI) defined five submarkets within its broad productmarket. To obtain some economies of scale, QCI decided NOT to offer each of the
submarkets a different marketing mix. Instead, it selected two submarkets whose
needs are fairly similar, and is counting on promotion and minor product
differences to make its one basic marketing mix appeal to both submarkets. QCI is
using the
A. combined target market approach
B. single target market approach
C. multiple target market approach
D. mass marketing approach
28) When segmenting broad product-markets, cost considerations tend
A. to encourage managers to disregard the criterion that a product-market segment
should be substantial
B. to lead to more aggregating
C. to be unimportant as long as the segmenting dimensions are operational
D. to lead to a large number of small, but very homogeneous, product-market
segments
29) ______________ focuses on introducing new products to existing markets.
A. Market development
B. Product development
C. Diversification
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D. Market penetration
30) When a company grows globally by introducing existing product lines to new
markets, this is an example of what?
A. Market development
B. Product development
C. Diversification
D. Market penetration
Delivers ads to consumers based on previous websites the customer has visited.
Tries to reach target customers who are actually interested in what the firm has to
communicate.
Tries to place ads on websites that are designed to appeal to the firm's target
market.
Allows advertisers to pay only when a customer clicks on the ad and links to the
advertiser's website.
4. Which of the following is true of direct distribution?
It requires a significant investment in facilities.
Direct distribution always serves customer needs better and at a lower cost.
Most firms selling consumer products rely on direct distribution.
It reduces a producer's need for working capital.
5. The three basic sales tasks are:
Order-closing, order-opening, and sales-promoting.
Order-taking, missionary selling, and order-getting.
Order-taking, supporting, and order-getting.
Order-taking, order-managing, and order-getting.
6. A useful tool for organizing the competitor analysis is:
The oligopoly chart.
The competitive summary.
A competitor matrix.
Rivals chart.
7. Marketers cannot assume that a product that meets consumer needs in one
country will do so in another. This is because:
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Positioning
Clustering
Determining
18. The advantages of working with an intermediary usually increase when there
is:
A greater number of customers.
Little distance between customers.
A smaller number of competing products.
Excellent communication with customers.
19. When new product ideas are chosen based on ratings and comments from
customers, this process is called ______.
Reaction engineering
Creative resourcing
Crowd sourcing
Idea engineering
20. In the 1990s, DVDs replaced audiocassettes and floppy disks as the storage
media of choice for music and computers. At which stage of the product life cycle
is the DVD today?
Sales decline
Market introduction
Market extinction
Market immaturity
21. The primary purpose of branding is:
To prevent competitors from stealing product ideas.
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To identify a product.
To boost customer satisfaction.
To enhance package design.
22. Clearwater Office Supply sells frequently purchased office supplies to
businesses in a metropolitan area. It is a well-established company with a large
share of the market. Its promotion should probably focus on:
Reminding.
Informing.
Stimulating primary demand.
Innovators.
23. The main difference between a "marketing strategy" and a "marketing plan" is
that:
A marketing strategy provides more detail.
Time-related details are included in a marketing plan.
A marketing plan includes several marketing strategies.
A marketing strategy omits pricing plans.
24. From the perspective of macro-marketing, e-commerce specialists CarFax
(which provides vehicle history reports) and Cars.com (a website offering auto
comparison shopping) have emerged within the auto industry because:
The information they provide makes the exchange process between producers and
consumers more efficient and effective.
The role of the automotive sales person is becoming obsolete.
Auto manufacturers need to sell direct to consumers.
The market needs competitive rivals to auto dealerships.
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29. In which quadrant of the SWOT analysis tool does the following fit? A firm is
in a fast-growing industry.
Weaknesses
Opportunities
Strengths
Threats
30. Blending the firm's promotion efforts to convey a complete and consistent
message is the goal of:
Sales promotion communications.
Integrated marketing communications.
Integrated promotional marketing.
Sales management communications.
Week 1
MKT 421 - Week 1 - Complete
DQ 1. What is the definition of marketing? What are the benefits and drawbacks of
incorporating marketing into the sales function of an organization? Do you think
that marketing should be included as part of the sales organization within a
company? Explain why or why not.
DQ 2. Assume you are the newly hired marketing manager of a company. As you
spend time with other peer marketing managers, you realize that the company does
not place an emphasis on planning within the marketing organization. Why is
planning important in marketing? What are the essential components of a
marketing plan? How would you convince your supervisor that the marketing
department should produce formal marketing plans?
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DQ 3. Select an organization with which you are familiar. How does your selected
organization use the different components of the marketing mix? How does the
marketing mix affect the development of your selected organizations marketing
strategy and tactics? How can your selected organization use quantifiable elements
to evaluate, monitor, and control marketing effectiveness?
DQ 4. What is the definition of marketing? How is it different from sales?
Individual Assignment - Defining Marketing Paper
Write a 700- to 1,050-word paper in which you define marketing.
Provide at least three examples from the business world to support your
explanation. Properly cite sources used in the paper.
MKT 421 - Week 1 - Defining Marketing Paper (3 Sets)
Individual Assignment - Defining Marketing Paper
Write a 700- to 1,050-word paper in which you define marketing.
Provide at least three examples from the business world to support your
explanation. Properly cite sources used in the paper.
MKT 421 - Week 1 - DQ 1
What is the definition of marketing? What are the benefits and drawbacks of
incorporating marketing into the sales function of an organization? Do you think
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Week 2
MKT 421 - Week 2 - Complete
DQ 1. What is marketing research? How has the Internet affected marketing
research? As a part of your answer, address time, cost, approaches, and validity.
Why is marketing research important to developing marketing strategy?
DQ 2. What is competitive intelligence? What is the importance of competitive
intelligence and analysis in modern-day marketing? How can a companys
marketing organization ensure that it is able to identify newly emerging
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Select an organization with which you are familiar and describe how each
one of the four elements of the marketing mix affects the development of the
organizations marketing strategy and tactics.
The marketing research approach you would use to develop the marketing
strategy and tactics for this new product or service
Refer to the Marketing Plan Outline located on the student website for the general
framework of the Marketing Plan.
MKT 421 - Week 2 - DQ 1
What is marketing research? How has the Internet affected marketing research? As
a part of your answer, address time, cost, approaches, and validity. Why is
marketing research important to developing marketing strategy?
MKT 421 - Week 2 - DQ 2
What is competitive intelligence? What is the importance of competitive
intelligence and analysis in modern-day marketing? How can a companys
marketing organization ensure that it is able to identify newly emerging
competitors in time to plan and execute an effective marketing strategy in response
to these competitors?
MKT 421 - Week 2 - DQ 3
What are the different types of buyers and consumers? How does the type of buyer
or consumer affect marketing strategy? As part of your response, consider the
characteristics of buyers and the factors that influence their purchasing decision.
How can an organization ensure that their market strategy is appropriate for their
target market?
MKT 421 - Week 2 - Marketing Mix Paper
Individual Assignment - Marketing Mix Paper
Write a 1,400- to 1,750-word paper in which you describe the elements of the
marketing mix: product, place, price, and promotion. Include the following:
Select an organization with which you are familiar and describe how each
one of the four elements of the marketing mix affects the development of the
organizations marketing strategy and tactics.
The marketing research approach you would use to develop the marketing
strategy and tactics for this new product or service
Refer to the Marketing Plan Outline located on the student website for the general
framework of the Marketing Plan.
Week 3
MKT 421 - Week 3 - Complete
DQ 1. Select a product with which you are familiar. What stage is your selected
product at in the product life cycle? Provide rationale for your answer. Based on
your knowledge of the product life cycle, what types of changes will occur to your
selected product as it continues through the product life cycle? How will this affect
the marketing of your selected product?
DQ 2. Select a product or service. Then select three different organizations that
provide your selected product or service and compare the prices associated with
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your selected product or service. What is the difference between the prices among
the different organizations? What is the rationale for this difference?
Individual Assignment - Marketing Research Paper
Resource: Kindler Fine Foods Virtual Organization
Use the Virtual Organization link on the student website to access additional
company information on Kudler Fine Foods.
Write a 1,050- to 1,400-word paper in which you justify the importance of
marketing research in developing Kudler Fine Foods marketing strategy and
tactics. Include the following:
Identify the segmentation criteria that will affect your target market
selection.
Analyze current competitors and define the competitive landscape for your
product or service.
MKT 421 - Week 3 - DQ 1
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Select a product with which you are familiar. What stage is your selected product
at in the product life cycle? Provide rationale for your answer. Based on your
knowledge of the product life cycle, what types of changes will occur to your
selected product as it continues through the product life cycle? How will this affect
the marketing of your selected product?
MKT 421 - Week 3 - DQ 2
Select a product or service. Then select three different organizations that provide
your selected product or service and compare the prices associated with your
selected product or service. What is the difference between the prices among the
different organizations? What is the rationale for this difference?
MKT 421 - Week 3 - Marketing Plan - Phase II
Learning Team Assignment - Marketing Plan - Phase II
Use the product or service you selected for your Marketing Plan: Phase I Paper.
Write a 1,400- to 1,750-word paper in which you address the following:
Identify the segmentation criteria that will affect your target market
selection.
Analyze current competitors and define the competitive landscape for your
product or service.
MKT 421 - Week 3 - Marketing Research Paper (2 Sets)
Individual Assignment - Marketing Research Paper
Resource: Kudler Fine Foods Virtual Organization
Use the Virtual Organization link on the student website to access additional
company information on Kudler Fine Foods.
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Week 4
MKT 421 - Week 4 - Complete
DQ 1. What is a distribution channel? What is the relationship between channels of
distribution and logistics? How does geographical location affect your selection of
distribution channels?
DQ 2. What are the similarities and differences between promotional push
strategies and promotional pull strategies? What is an example of a situation in
which an organization would use a push strategy? What is an example of a
situation in which an organization would use a pull strategy?
DQ 3. What does the term noise mean in marketing? With so much advertising
noise in the marketplace, how can a company ensure its message is heard?
Individual Assignment - Using Perceptual Maps in Marketing Simulation
Summary
Complete the simulation, Using Perceptual Maps in Marketing, located on the
student website.
Write a 1,050- to 1,450-word summary in which you address the following for
each of the three major phases in the simulation:
The situation
Your results
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What is the effect of the product life cycle on marketing? What effect did the
product life cycle have on the product in the simulation?
Format your paper consistent with APA guidelines.
Learning Team Assignment - Marketing Plan - Phase III
Use the product or service you selected for your Marketing Plan: Phase I Paper.
Write a 1,400- to 1,750-word paper that includes the following information:
Describe the pace at which your product will move through the product life
cycle and the factors that will affect its movement. How will the product life cycle
affect the marketing of your selected product or service?
Identify the appropriate price strategy that should be used for the product or
service.
Format your paper consistent with APA guidelines.
Summary
Please select a topic that you enjoyed this week. Explain what it was, why it
impacted you, and most important, how you can use it in your life.
MKT 421 - Week 4 - DQ 1
What is a distribution channel? What is the relationship between channels of
distribution and logistics? How does geographical location affect your selection of
distribution channels?
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Describe the pace at which your product will move through the product life
cycle and the factors that will affect its movement. How will the product life cycle
affect the marketing of your selected product or service?
Identify the appropriate price strategy that should be used for the product or
service.
MKT 421 - Week 4 - Marketing Plan - Phase III - Body Lotion
Learning Team Assignment - Marketing Plan - Phase III - Body Lotion
Use the product or service you selected for your Marketing Plan: Phase I Paper.
Write a 1,400- to 1,750-word paper that includes the following information:
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Describe the pace at which your product will move through the product life
cycle and the factors that will affect its movement. How will the product life cycle
affect the marketing of your selected product or service?
Identify the appropriate price strategy that should be used for the product or
service.
MKT 421 - Week 4 - Marketing Plan - Phase III - Buell
Learning Team Assignment - Marketing Plan - Phase III - Buell
Use the product or service you selected for your Marketing Plan: Phase I Paper.
Write a 1,400- to 1,750-word paper that includes the following information:
Describe the pace at which your product will move through the product life
cycle and the factors that will affect its movement. How will the product life cycle
affect the marketing of your selected product or service?
Identify the appropriate price strategy that should be used for the product or
service.
MKT 421 - Week 4 - Marketing Plan - Phase III - Coca Cola
Learning Team Assignment - Marketing Plan - Phase III - Coca Cola
Use the product or service you selected for your Marketing Plan: Phase I Paper.
Write a 1,400- to 1,750-word paper that includes the following information:
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Describe the pace at which your product will move through the product life
cycle and the factors that will affect its movement. How will the product life cycle
affect the marketing of your selected product or service?
Identify the appropriate price strategy that should be used for the product or
service.
MKT 421 - Week 4 - Marketing Plan - Phase III - Netflix
Learning Team Assignment - Marketing Plan - Phase III - Netflix
Use the product or service you selected for your Marketing Plan: Phase I Paper.
Write a 1,400- to 1,750-word paper that includes the following information:
Describe the pace at which your product will move through the product life
cycle and the factors that will affect its movement. How will the product life cycle
affect the marketing of your selected product or service?
Identify the appropriate price strategy that should be used for the product or
service.
MKT 421 - Week 4 - Marketing Plan - Phase III - Pet Palace
Learning Team Assignment - Marketing Plan - Phase III - Pet Palace
Use the product or service you selected for your Marketing Plan: Phase I Paper.
Write a 1,400- to 1,750-word paper that includes the following information:
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Describe the pace at which your product will move through the product life
cycle and the factors that will affect its movement. How will the product life cycle
affect the marketing of your selected product or service?
Identify the appropriate price strategy that should be used for the product or
service.
MKT 421 - Week 4 - Marketing Plan - Phase III - Starbucks
Learning Team Assignment - Marketing Plan - Phase III - Starbucks
Use the product or service you selected for your Marketing Plan: Phase I Paper.
Write a 1,400- to 1,750-word paper that includes the following information:
Describe the pace at which your product will move through the product life
cycle and the factors that will affect its movement. How will the product life cycle
affect the marketing of your selected product or service?
Identify the appropriate price strategy that should be used for the product or
service.
MKT 421 - Week 4 - Summary
Summary
Please select a topic that you enjoyed this week. Explain what it was, why it
impacted you, and most important, how you can use it in your life.
MKT 421 - Week 4 - Using Perceptual Maps in Marketing Simulation
Summary
Individual Assignment - Using Perceptual Maps in Marketing Simulation
Summary
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The situation
Your results
What is the effect of the product life cycle on marketing? What effect did the
product life cycle have on the product in the simulation?
Week 5
MKT 421 - Week 5 - Complete
DQ 1. Which is the most critical measurement criterion for marketing strategies?
Profit, Return on Investment, Market share, Customer Satisfaction or other Why
did you chose that one? How does the criterion differ between a for-profit and notfor-profit business?
DQ 2. You are the marketing manager for a leading coffee chain. Your company
has made the decision to expand internationally, specifically into China. What are
some environmental factors that you will need to consider in marketing your coffee
in China?
Individual Assignment - Environmental Factors Paper
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Select an organization with which you are familiar that conducts both domestic and
global marketing.
Write a 1,050- to 1,400-word paper in which you identify the environmental
factors that affect global and domestic marketing decisions. Address the following
as they relate to the organizations marketing decisions:
Analyze the influence of the Foreign Corrupt Practices Act of 1977, and the
influence of local, national, and international legislation.
Identify the appropriate place and promotional strategy that should be used
in developing the strategic marketing plan.
Select an organization with which you are familiar that conducts both domestic and
global marketing.
Write a 1,050- to 1,400-word paper in which you identify the environmental
factors that affect global and domestic marketing decisions. Address the following
as they relate to the organizations marketing decisions:
Analyze the influence of the Foreign Corrupt Practices Act of 1977, and the
influence of local, national, and international legislation.
Examine the importance of social responsibility and ethics versus legal
obligations.
Analyze the influence of the Foreign Corrupt Practices Act of 1977, and the
influence of local, national, and international legislation.
Identify the appropriate place and promotional strategy that should be used
in developing the strategic marketing plan.
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Identify quantifiable elements that can be used to evaluate, monitor, and
control the effectiveness of your marketing plan.
Prepare a 15- to 20-minute oral presentation accompanied by 15- to 20-slide
Microsoft PowerPoint presentation illustrating your Marketing Plan Paper.
MKT 421 - Week 5 - Summary
Summary
Please select a topic that you enjoyed this week. Explain what it was, why it
impacted you, and most important, how you can use it in your life.
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