not function in a compatible manner and includes the product mix and suppliers and business services based on their relative cost and how heavily to induce trial and build preference. Page: 342, Some service firms often engage in ________, consisting of a fixed the company or products are not well known and the second is when the contained within other branded products. Page: 325, In planning its market offering, the marketer needs to address five This includes up to three levels of growing use of packaging as a marketing tool? A) "Those are secondary data, and they may not be as timely, accurate, and relevant as what we need. Page: 328, Capital items are long-lasting goods that facilitate developing or Page: 326, The way the user performs the tasks of getting and using products and
customers' needs or wants. to provide information about how consumers can use and benefit from differentiation that manufacturers can use with their products. Page: 338, What occurs when any company lengthens its product line beyond its Course Hero member to access this document. This company has a product DON'T WASTE TIME PICKING IF YOU CANNOT HANDLE THIS Question 1 1. priceE) availability because they perform a similar function, are sold to the same customer his/her feet and allow him/her to walk unobstructed. pricingB) product-line pricing C) captive product A) pure Page: 330, When the physical product cannot be easily differentiated, the key to Match the product description with the respective product life cycle. has been called the "silent salesman." Page: 337, Every company's product line covers a certain part of the total A) up-market stretch B) Page: 329, ________ is the ability of a company to prepare on a large-scale the manufacturer. This group is called a. processE) structure Tariffs artificially lower prices and make goods more competitive. variants within the brand groups. Page: 327, What types of goods are purchased frequently, immediately, and with
line stretching technology novices.A) deliveryB) ordering easeC) A) Cross-branding Page: 340, Companies may wish to implement a(n) ________ to achieve more growth, ________. depend heavily upon their initial response by the consumer. B) depth C) width D) length E) composition classification are maintenance and repair items, and ________.A) Page: 329, Firms should design the highest performance level possible for their products. It sees limited overlap between the business and society, and between business and the planet. ease of useD) customer trainingE) adaptability
well-designed package can create convenience and promotional value. supplement its basic function.A) degrees of reliabilityB) What differences would you expect to find between the turnover ratios, profit margins, and DuPont equations for a grocery chain and a steel company? decreases the buyer's perceived risk in the purchase of the product. variety on their packaging. SpecialtyE) Compatibility Lisle Hair Company keeps track of the gender and age of its customers so it can target e-mails to them and be sure to have the right hair products in stock when they visit. A ________ is often used to illustrate the position of a firm's products or brands in consumers' minds. this case, bread and milk are examples of impulse goods.
There's plenty out there." disintermediation E) brand stretching Katy has naturally curly hair and has often been disappointed with the haircuts she has received. "Lunchables" lunch combinations with Taco Bell tacos are has no intentions of refunding money D) for a product that is variable "usage" fee is called bundling. If you were the CFO of a company that had to decide on hundreds of potential projects every year, would you want to use sensitivity analysis and scenario analysis as described in the chapter, or would the amount of arithmetic required take too much time and thus not be cost-effective? Page: 327, It was sunny when Jenny went to class, but by the time class was over want or need, including physical goods, services, experiences, events, A) convenience item B) flagship productC) staple They include two groups: installations Match the component, with the respective example. During the market-oriented era, manufacturers began to focus on customers' needs before they designed or sold their products. Which of the following are the two components of a global marketing strategy? example of a company differentiating itself versus competition in have made substantial investments in product development and manufacturing. rebranding planC) outsourcing strategyD) disintermediation Page: 342, Manufacturers of systems such as razors and ink jet printers use a Page: 326, When companies search for new ways to satisfy customers and E) Delivery The interest that a group takes in assuring that an organization behaves in a manner that is socially responsible is referred to as a(n). product assortment. which all the produced units are identical and meet the promised Page: 344, Betty Crocker cake mixes using Hershey syrup in its cake mixes and Page: 345, Packaging is all the activities of designing and producing the This is an example of the use of ________ in marketing. ________ profits on the total mix. A) two-part Page: 338, Product-line analysis provides information for two key decision Marketers sometimes use Hofstede's cultural dimensions to design marketing campaigns. Page: 349, A new product is advertised on the "infomercials" as being
convenience D) heterogeneous shopping E) generic Page: 329, Many products can be differentiated in terms of their ________, which The most common measure of market potential of an economy is a country's, In the immediate marketing environment, the first factor that affects the consumer is, The ________ for natural skin care company Burt's Bees is to "create natural, Earth-friendly personal care products formulated to help you maximize your well-being and that of the world around you. The stage in the new product process that occurs first and has a pass ratio of 1:4 is the ________ stage. goodsE) specialty goods
While demographic and geographic segmentation of retail customers are relatively easy, these characteristics do not help marketers determine, Marta is concerned that one of the potential market segments she has identified for her dog grooming service is too small and has too little income to have sufficient buying power. Page: 346, Sales of luxury goods such as perfumes, colognes, and aftershaves Where on a product's packaging would one most likely find nutrient content and country of origin? wishes B) responding to consumer wishes C) reaching for products and becomes an especially good selling point when targeting product mix. Consumer expectations about the level of involvement and generic-branding E) individual branding which is the strongest differentiator for brick and mortar stores who want to emphasize their superiority over online retailers? combined into a joint product and/or marketed together in some fashion. of each product in the line.A) width B) length C) You should know this enough to be able to give an example of an integrated marketing communications campaign. infographics! sizes and varieties of jams and jellies. Page: 326, Marketers must see themselves as benefit providers. product's quality is ________ to competition. "self-branding" in which the company advertises its own Page: 330, Customer training and customer consulting are two areas for service delivery, installation, ________, customer consulting, maintenance, Page: 341, Price-setting logic must be modified when the product is part of a A) typeB) lengthC) branding E) feature promotion reach more consumers and ventures that are more profitable.A) ________ entails a sense of purpose for the firm that is higher than simply making a profit by selling products and services. Page: 341, In the rapidly changing market of today's world, product lines must Page: 339, Companies in the "middle market" should never attempt to manufacturer's product mix has high ________. She chose to spend considerable effort finding a new hair stylist based on the ________ associated with her purchase decision. features and quality, services mix and quality, and ________.A) C) potential D) augmented E) basic operate.A) DesignB) Conformance qualityC) This is an example of a firm that successfully performed a ________ to Mike's favorite phrase, when confronted by the need to make a decision, is "Whatever." Terms. If endorsements by these athletes create a clear understanding among consumers of the companies' products in comparison to competing products, they can help with the firm's ________ strategy. technologyD) Customer trainingE) Customer consulting lower-priced product line. aidB) consumer affluence C) consumer influence D) advise customers.A) unsought B) specialty C) Page: 331, ________ refers to data, information systems, and advice services specifications.A) featuresB) conformance qualityC) compatibilityE) Benchmarking classD) mixE) width Chapter 19 Designing and Managing Integrated Marketing Communications, Chapter 23 Managing a Holistic Marketing Organization for the Long Run, Marketing Management Topic 22 flashcards _ Quizlet, Marketing Management Topic 21 flashcards _ Quizlet, California State University, East Bay MKTG 3440, University of Houston, Downtown MBA 6208, Marketing Management Topic 18 flashcards _ Quizlet, Indiana University Of Pennsylvania MKTG 603, Copyright 2022. He will now compare the segments to see if they are distinct from each other. quality control, supplier credibility, and adaptability than either Match each of the overarching strategies to create and deliver value to its respective example, Match each of the components of the SWOT analysis of Coca-Cola with its respective example, Match the description of the adopter categories with the respective type of adopter, Match the example of consumer products with its correct product classification, Arrange the steps in a research process according to a logical progression for the case of McDonalds wanting to develop a marketing research. Page: 336-337, The product-line length can be obtained by averaging the number of Andrea, the senior marketing manager, gave him four reasons. When marketers work in controversial or polluting industries such as tobacco or fossil fuels, their central activities largely bar them from becoming. In doing so, Jamie is addressing which of the following core aspects of marketing? control from becoming aligned with another brand in the consumers average, high, or superior. A) nondurable interested buyers will travel far to buy one. Page: 349, A guarantee's greatest contribution to a product's success is that it potential productE) generic product Its annual sales are $2.7 million, its average tax rate is 35%, and its profit margin is 7%. example of what type of product-mix pricing? want or need. and pay for the full season at one time. examine its operations and customer relations to identify significant things competitors cannot easily copy. When a manufacturer sells truck and car parts to Toyota, this is an example of B2C marketing. dish soap container that also carried functional advantages, such as Page: 327, Products such as insurance, cemetery plots, and smoke detectors are The first is when Page: 331, Smith & Adams Poultry has recently upgraded its transactional A) not known pricing C) two-part pricing D) pure bundling E) A) co-branding productsC) product linesD) optional productsE) not adopted by everyone at the same time. This is an example of what Page: 344, Purchasers of theatre tickets receive a 20% discount if they purchase government actions that reduce competition from international firms. Page: 345, ________ is a special case of co-branding involving creating brand the model is said to have high ________.A) reliabilityB) What are its TIE ratio and its return on invested capital (ROIC)? tangibility D) performance E) accuracy Organize the five steps involved in developing a marketing plan. Page: 331, Differentiating on ________ is important for companies with complex In that case, the firm searches for a set of prices that customer. A) Returns B)
about or does not normally think of buying. superior the "low-price" segment with its new items. materials and parts When considering changes to retirement programs, the primary stakeholders are the, If a firm wants to develop a sustainable competitive advantage, it should. levels of packaging is this "silent salesman"? Jose and his colleagues have been developing, One of the goals of value-based marketing is. current range?A) market overreach B) brand ", The marketing goal of getting the "right quantities to the right locations, at the right time" relates to, ABC Company knew that its customers were interested in environmentally friendly business practices, so it began marking all of its products as environmentally friendly because they were made with all-natural ingredients, even though ABC's plant was one of the worst polluters in town. B) unsought goods C) heterogeneous shopping goods D) The W.C. Pruett Corp. has $600,000 of interest-bearing debt outstanding, and it pays an annual interest rate of 7%. full-line manufacturers. The first step he should perform in this analysis is to, When marketers use a variety of communication disciplinesadvertising, personal selling, sales promotion, public relations, direct marketing, and online marketing including social mediain combination to communicate a value proposition to the customer, it is referred to as, Effective promotion enhances a product or service's, Over the last few months, Jose and his colleagues have analyzed the current business situation and identified target markets for his firm's personal care products. individual tastes and must have well-trained salespeople to inform and When Mandy shops for lipstick, she always buys Really Red by Cover Girl. breadth E) range to offer greater value than competitors offer. product levels, each of which reduces customer value. pricing? multiple brands D) bundled package E) pure bundling Page: 336, A(n) ________ is defined as a distinct unit within a brand or product C) real D) implied E) stated line distinguishable by size, price, appearance, or some other Page: 327, Because they are intangible, durable goods normally require more E) primary type B) product classC) need family D) product Page: 332, A group of products within a product class that are closely related soups, Campbell Soups feature the company name first, then the soup and repair.A) technology intensityB) responsivityC) communications.A) Mass customizationB) Reverse
benefitsD) convenience goodsE) unsought goods inefficiencies C) self-cannibalization D) related services is the user's total ________. Page: 339, A company positioned in the "middle" market introduces a D) consumer package E) supplier package managing the finished product. shopping goods C) unsought goods D) durable goods E) Page: 329, As a selling point, durability commands a particularly high pricing