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TOP 10 Learning Questions

 Revised Chapter Questions




   Ronald Patrick G. Wenceslao
          April 29, 2011



         rgwenceslao.blogspot.com
TOP 10 Learning Questions for


 Chapter 1: Defining Marketing
     for the 21st Century

    Ria Abendan / Ronald Wenceslao
              April 2011
6. If you would like an external hard drive
     included when you buy a laptop, this is an
     example of what type of need?

A.   Stated Needs
B.   Unstated Needs
C.   Real Needs
D.   Delight Needs
E.   Secret Needs




                                                   3
6. The 5 types of customer needs are
     stated, unstated, real, secret and _______
     needs?

A.   Discreet Needs
B.   Broadcasted Needs
C.   Unreal Needs
D.   Delight Needs
E.   Exposed Needs




                                                  4
There are 5 Types of Consumer
  Needs

Stated   Real    Unstated   Delight   Secret
Needs    Needs    Needs      Needs    Needs




             “I want an inexpensive TV.”
Real Needs may underlie the
  Stated Needs

Stated   Real    Unstated    Delight      Secret
Needs    Needs    Needs       Needs       Needs




             “I want a TV whose maintenance
              cost, not initial price, is low (or
                           zero).”
Unstated needs are expected
  already by the customer

Stated   Real      Unstated   Delight    Secret
Needs    Needs      Needs      Needs     Needs




                 “I want good service from the
                        manufacturer.”
Delight Needs ask more of the
  expected output

Stated   Real    Unstated   Delight   Secret
Needs    Needs    Needs      Needs    Needs




             “I want it to come with a home
                    theater system.”
Secret Needs may not easily be
  articulated by the customer

Stated   Real    Unstated   Delight   Secret
Needs    Needs    Needs      Needs    Needs




            “I want my friends to see me as a
                     smart buyer.”
6. The 5 types of customer needs are
     stated, unstated, real, secret and _______
     needs?

A.   Discreet Needs
B.   Broadcasted Needs
C.   Unreal Needs
D.   Delight Needs
E.   Exposed Needs




                                                  10
10 Questions

Chapter 2: Developing Marketing
     Strategies and Plans



 Steven Michael Y. Andrada / Ronald
            Wenceslao
           April 15, 2011


       www.stevenandrada.blogspot.com
                                        1/73
7. According to Ansof’s product – market
expansion grid, What kind of strategy that
develops new markets for the current
products?

A.   Market penetration strategy
B.   Product development strategy
C.   Market development strategy
D.   Diversification strategy
E.   None of the above




              www.stevenandrada.blogspot.com
                                               40/73
7. According to Ansof’s product, the market
expansion grid, product development strategy
focuses on _____ markets and _____ products?

A.   Current, new
B.   Current, current
C.   New, current
D.   New, new
E.   None of the above




              www.stevenandrada.blogspot.com
                                               40/73
Ansoff’s Product – Market
Expansion Grid


           Current Products        New Products

Current   Market-penetration   Product-development
Markets       strategy              strategy


 New      Market-development        Diversification
Markets        strategy                strategy



                               Source: 13th Edition, Marketing Management, Kotler & Keller


               www.stevenandrada.blogspot.com
                                                                                 41/73
7. According to Ansof’s product, the market
expansion grid, product development strategy
focuses on _____ markets and _____ products?

A.   Current, new
B.   Current, current
C.   New, current
D.   New, new
E.   None of the above




              www.stevenandrada.blogspot.com
                                               40/73
TOP 10 Learning Questions

Ch 3: Gathering Information and
  Scanning the Environment




   Ma. Katrina S. Avellana / Ronald
             Wenceslao
              April 2011


         http://kavellana.blogspot.com
9. Which is NOT a technological
 aspect included in shaping the
 business landscape?


A. Pace of change
B. Opportunities for innovation
C. Varying R&D budgets
D. Increased regulation of change
E. Innovation




                 http://kavellana.blogspot.com
                                                 17
Environmental Forces Shaping
 the Business Landscape

•Technological
   •Pace of change
   •Opportunities for innovation
   •Varying R&D budgets
   •Increased regulation of change




                 http://kavellana.blogspot.com
                                                 18
9. Which is NOT a technological
 aspect included in shaping the
 business landscape?


A. Pace of change
B. Opportunities for innovation
C. Varying R&D budgets
D. Increased regulation of change
E. Innovation




                 http://kavellana.blogspot.com
                                                 19
TOP 10 Learning Questions for

    Chapter 4: Conducting
    Marketing Research and
     Forecasting Demand

   Megha Behani / Ronald Wenceslao
           15th April ’2011
#2: Autonomy, consumer satisfaction,
perceived quality and freedom to fail are ____


A . External marketing metrics
B. Internal marketing metrics
C. Both A and B
D. Either A or B
E. Not a part of marketing metrics




                                            21
#2: Willingness to change, autonomy and
freedom to fail are part of ____ ?


A . External marketing metrics
B. Internal marketing metrics
C. Both A and B
D. Either A or B
E. Not a part of marketing metrics




                                          22
Concept:
Determine different marketing metrics to help
marketers assess marketing performance.



         EXTERNAL                   INTERNAL
                                   Awareness &
                                   commitment
         Market share              of/to goals

         Customer               Willingness
         Satisfaction           to change

                              Freedom to fail
        No. of
        customers                       Autonomy



                                                   23
#2: Willingness to change, autonomy and
freedom to fail are part of ____ ?


A . External marketing metrics
B. Internal marketing metrics
C. Both A and B
D. Either A or B
E. Not a part of marketing metrics




                                          24
TOP 10 Learning Questions for

 Chapter 5: Creating Customer
   Value, Satisfaction, and
            Loyalty

    Cabunilas, Michelle M. / Ronald
              Wenceslao
            15 April 2011
                                  Kotler, Keller, Marketing Management, 13th ed.


   http://cabunilasmichelle.blogspot.com
10. Customer profit rate increase due to
     increased purchases, referrals, and price
     premiums and _____________.

A.   In-active Customers
B.   Reduced Operating Costs
C.   Disqualified Prospects
D.   Only A and C
E.   None of the Above



                                         Kotler, Keller, Marketing Management, 13th ed.


          http://cabunilasmichelle.blogspot.com
10. Customer profit rate increase due to
     ______, referrals, and price premiums and
     reduced operating costs.

A.   New suppliers
B.   Technology
C.   Increased purchases
D.   Only A and B
E.   None of the Above



                                         Kotler, Keller, Marketing Management, 13th ed.


          http://cabunilasmichelle.blogspot.com
Concept 10: Customer Dev’t.
Process and Retention

   Acquired new customers cost five times more than
    satisfying and retaining current customers.
   Average company loses 10% of its customer each
    year.
   5% reduction in customer defect rate can increase
    profits by up to 85%
   Customer profit rate increase due to increased
    purchases, referrals, and price premiums and
    reducedd operating costs.

                                      Kotler, Keller, Marketing Management, 13th ed.


      http://cabunilasmichelle.blogspot.com
10. Customer profit rate increase due to
     ______, referrals, and price premiums and
     reduced operating costs.

A.   New suppliers
B.   Technology
C.   Increased purchases
D.   Only A and B
E.   None of the Above



                                         Kotler, Keller, Marketing Management, 13th ed.


          http://cabunilasmichelle.blogspot.com
TOP 10 Learning Questions for

   Ch6: Analyzing Consumer
           Markets

    Roleigh “Rolly” Tuazon / Ronald
              Wenceslao
             15 April 2011
5. What does constitute a brand
    personality?

   A. Durability
   B. Excitement
   C. Competence
   D. All of the above
   E. Two of the above




                                      31
5. Which of the following does not
    constitute brand personality?

   A. Durability
   B. Excitement
   C. Competence
   D. Sophistication
   E. Sincerity




                                         32
Concept 6:

Brand Personality


  Sincerity


Excitement

Competence

Sophistication

Ruggedness
                    Kotler, Keller. Marketing Management, 13th Edition.

                                                        33
5. Which of the following does not
    constitute brand personality?

   A. Durability
   B. Excitement
   C. Competence
   D. Sophistication
   E. Sincerity




                                         34
5. Which of the following does not
    constitute brand personality?

   A. Durability
   B. Excitement
   C. Competence
   D. Sophistication
   E. Sincerity




                                         35
36
3. The following roles are included in a
    business buying process?

   A. Sellers
   B. Suppliers
   C. Product
   D. All of the above
   E. None of the above




                                          37
38
3. The following roles are included in a
    business buying process?

   A. Sellers
   B. Suppliers
   C. Product
   D. All of the above
   E. None of the above




                                          39
TOP 10 Learning Questions for

               Chapter 10
Identifying Market Segments &Targets


  Sheilanor C. Turingan / Ronald Wenceslao
                April 14, 2011




                http://sheilanorturingan.blogspot.com
                                                        40
2. The following are levels of target
     marketing, except?

A.   Individual
B.   Segment
C.   Local
D.   Niche
E.   Mass




                  http://sheilanorturingan.blogspot.com
                                                          41
2. _____ is a level of target marketing
     where the needs of the customers are
     tailored in trading areas?

A.   Individual
B.   Segment
C.   Local
D.   Niche
E.   None of the above




                  http://sheilanorturingan.blogspot.com
                                                          42
4 Levels of Target Marketing




1. Individual – one-to-one/customized marketing
2. Segment – customers with similar needs
3. Local – tailored to needs of customers in trading areas,
    neighborhoods
4. Niche – customers with distinct set of needs




                     http://sheilanorturingan.blogspot.com
                                                             43
2. _____ is a level of target marketing
     where the needs of the customers are
     tailored in trading areas?

A.   Individual
B.   Segment
C.   Local
D.   Niche
E.   None of the above




                  http://sheilanorturingan.blogspot.com
                                                          44
TOP 10 Learning Questions for

  Ch 9: Creating Brand Equity

    Soleil Gan / Ronald Wenceslao
              April 2011




         http://taeyangxinyi.blogspot.com
8. Which of the following is not true?

A.   Memorable and meaningful are two of the six
     brand element choice criteria.
B.   Logos and symbols are two of the six brand
     elements.
C.   Alliances and third-party endorsements are
     secondary sources of brand knowledge.
D.   Feelings and information are two types of brand
     knowledge
E.   Presence and bonding are two levels of brand
     dynamics.
                http://taeyangxinyi.blogspot.com       46
8. Which of the following is NOT part
     of brand knowledge?

A.   Information
B.   Images
C.   Feelings
D.   Thoughts
E.   Experiences




                   http://taeyangxinyi.blogspot.com   47
Information is not part of
brand knowledge

                   Images

                                               Experiences
 Feelings



                 KNOWLEDGE                           Beliefs
Thoughts


            http://taeyangxinyi.blogspot.com
8. Which of the following is NOT part
     of brand knowledge?

A.   Information
B.   Images
C.   Feelings
D.   Thoughts
E.   Experiences




                   http://taeyangxinyi.blogspot.com   49
TOP 10 Learning Questions for

           Chapter 10
 Crafting the Brand Positioning

    Pearl Hazelle S. Velasco / Ronald
               Wenceslao
             April 14, 2011
8. Quality, Feature and style are
     examples of…
A.   Services Modification
B.   Marketing Program Modification
C.   Product Modification
D.   Market Modification
E.   Prices Modification
8. ______ improvement aims at
     increasing a product’s esthetic appeal
A.   Quality
B.   Feature
C.   Style
D.   Technology
E.   None of the above
Product Modification

Quality Improvement – aims at increasing the product’s
   functional performance.

Feature Improvement – aims in adding new features
   such as size, weight, materials, additives, and
   accessories that expand the product’s performance,
   versatility, safety, or convenience.

Style Improvement – aims at increasing the product’s
    esthetic appeal.
8. ______ improvement aims at
     increasing a product’s esthetic appeal
A.   Quality
B.   Feature
C.   Style
D.   Technology
E.   None of the above
TOP 10 Learning Concepts for

          Chapter 11:
   Dealing with Competition

       Lady Charmayne Hao /
         Ronald Wenceslao
             April 2011
8. Which of the following is
 true?
a.   An imitator takes the leader’s product and
     adapts or improves them.
b.   A cloner emulates the leader’s products, name,
     and packaging but is costs less than the leader’s
     product.
c.   An adapter duplicates the leader’s product and
     packages and sells it to the black market.
d.   A cloner copies some aspects of the leader’s
     products but maintains a few differentiation.
e.   None of the above
                                                    56
8. What market follower strategy
 adapts or improves the leader’s
 products?

a.   Counterfeiter
b.   Cloner
c.   Adapter
d.   Imitator
e.   None of the above




                                    57
“CLONER” emulates the leader’s
    products with slight variations


   What?
   How?




Product, name, and packaging are almost identical
  but cost less than the leader’s product!

                                               58
8. What market follower strategy
 adapts or improves the leader’s
 products?

a.   Counterfeiter
b.   Cloner
c.   Adapter
d.   Imitator
e.   None of the above




                                    59
TOP 10 Learning Questions for

  Setting Product Strategy #28

    Ivy Villamor / Ronald Wenceslao
              April 14, 2011


              A Downloadable Template
   For use in the Marketing Management Class of
           Prof. Remigio Joseph De Ungria
6. Which of the following does not fall
     under “Service Differentiation?
A.   Ordering ease
B.   Conformance
C.   Installation
D.   Returns
E.   All of the above




                                               61
6. Which of the following does not fall
     under “Service Differentiation?
A.   Ordering ease
B.   Customer training
C.   Installation
D.   None of the above
E.   All of the above




                                               62
Concept 10: Service
    Differentiation

   Ordering ease       :   call PLDT hotline

   Delivery            :   1 day installation

   Installation        :   free installation

   Customer training   :   upon installation

   Customer consulting :   thru 24/7 hotline and Customer Service

   Maintenance & repair:   thru 24/7 hotline and Customer Service

   Returns             :   warranty coverage, returnable for defects



            http://www.slideshare.net/ivyvillamor
6. Which of the following does not fall
     under “Service Differentiation?
A.   Ordering ease
B.   Customer training
C.   Installation
D.   None of the above
E.   All of the above




                                               64
TOP 10 Learning Questions for

Ch 14 Developing Pricing Strategies and Programs



             Zaragoza / Wenceslao
                 April 15, 2011




        meghanngettingthere.blogspot.com
1. Consumers use PRICE as an
     indicator of _____________.

A.   Product Comparability
B.   Product Quantity
C.   Product Superiority
D.   Product Quality
E.   None of the Above




           meghanngettingthere.blogspot.com   66
1. Consumers arrive at Price
     Perceptions via 4 Key Points EXCEPT

A.   Reference Prices
B.   Price – Quality Inferences
C.   Price Endings
D.   Price increase
E.   Price Ques




           meghanngettingthere.blogspot.com   67
Consumers arrive at Price
Perceptions via 4 Key Points

          Reference Prices

      Price – quality Inferences

            Price Endings

             Price Cues




    meghanngettingthere.blogspot.com
1. Consumers arrive at Price
     Perceptions via 4 Key Points EXCEPT

A.   Reference Prices
B.   Price – Quality Inferences
C.   Price Endings
D.   Price increase
E.   Price Ques




           meghanngettingthere.blogspot.com   69
TOP 10 Learning Questions for


   Chapter 16 – Managing
  Retailing, Wholesaling, and
           Logistics

      Joseph Gabriel N. Morales
         Ronald Wenceslao
           April 14, 2011
Question 1

     Which of the following does not fall
     under “Levels of Service”?

A.     Self-Service
B.     Self-Selection
C.     Limited Service
D.     Full Service
E.     Personal Service




                                            71
Question 1


     This levels of service is where the customer
     chooses from a given selection.

A.     Self-Service
B.     Self-Selection
C.     Limited Service
D.     Full Service
E.     None of the above




                                                72
Levels of Service

   Self-Service
       Customer serves himself (getting slurpee, hotdog
        sandwich, soda)
   Self-Selection
       Customer chooses from given selection
   Limited Service
       Provides service to a certain extent
   Full Service
       Provides service from start to end of purchase
                              Source: Marketing Management 13 th Ed by Philip Kotler

                                                                                73
Question 1


     This levels of service is where the customer
     chooses from a given selection.

A.     Self-Service
B.     Self-Selection
C.     Limited Service
D.     Full Service
E.     None of the above




                                                74
TOP 10 Learning Question for

Chapter 17 Designing and
Managing Integrated Marketing

     Yang Zhao / Wenceslao
                  April. 2011




          http://zhaointote.blogspot.com/
1.How many modes of marketing
communication mix?

 A. 2
 B. 4
 C. 6
 D. 8
 E. 10




         http://zhaointote.blogspot.com/
1.What model of the marketing communication mix
deals with face-to-face interactions with one or
more prospective purchasers?


   A. Interactive Marketing
   B. Direct Marketing
   C. Word of Mouth Marketing
   D. Personal Selling
   E. None of the above




               http://zhaointote.blogspot.com/
Marketing Communication mix
 (8 major models of Communication)

Direct Marketing
User of mail, Tel, fax, e-mail, or Internet to communicate directly with or
solicit response or dialogue from specific, customers and prospects.
Interactive Marketing
Online activities and programs designed to engaged customers or
prospects and directly or indirectly raise awareness, improve image, or
elicit sales of products and services
Word- of - Mouth Marketing
People-to-people oral, written, or electronic communications that related to
merits or experiences of purchasing or using products or services.
Personal Selling
Face-to-face interaction with one or more prospective purchasers for the
purpose of making presentations, answering questions, and procuring
orders.                  http://zhaointote.blogspot.com/
1.What model of the marketing communication mix
deals with face-to-face interactions with one or
more prospective purchasers?


   A. Interactive Marketing
   B. Direct Marketing
   C. Word of Mouth Marketing
   D. Personal Selling
   E. None of the above




               http://zhaointote.blogspot.com/
TOP 10 Learning Questions for


     Ch18: Managing Mass
       Communications

           Ira A. Ong
        Ronald Wenceslao
           April 2011
1. Which of the 5Ms refers to
the evaluation of advertising
impact on sales?

A.   Money
B.   Mission
C.   Media
D.   Message
E.   None of the above
1. Which of the 5Ms refers to
the evaluation of advertising
impact on sales?

A.   Money
B.   Measurement
C.   Media
D.   Message
E.   None of the above
How do we evaluate the
results?

                 Measurement




Sales Impact   Communication Impact
1. Which of the 5Ms refers to
the evaluation of advertising
impact on sales?

A.   Money
B.   Measurement
C.   Media
D.   Message
E.   None of the above
TOP 10 Learning Questions for

  Ch 19: Managing Personal
      Communications


       Caroline P. Quarte
       Ronald Wenceslao
           April 2011


 http://carolinequarte.blogspot.com/
Question


           4. Which of the following is
           true?
  A.       Personal marketing refers to the use of the
           Internet to reach customers.
  B.       Direct marketing refers to the use of the Internet
           to reach customers.
  C.       Interactive marketing refers to the use of the
           Internet to reach customers.
  D.       Social marketing refers to the use of the Internet
           to reach customers.


                http://carolinequarte.blogspot.com/
Question
           4. _____ marketing refers to the
           use of the Internet to reach
           customers?
  A.       Personal
  B.       Direct
  C.       Interactive
  D.       Social marketing
  E.       None of the above




                http://carolinequarte.blogspot.com/
Interactive marketing is the use of Internet
to reach customers. It provides marketers
and consumers with opportunities for greater
interaction and individualization




    http://carolinequarte.blogspot.com/
Question
           4. _____ marketing refers to the
           use of the Internet to reach
           customers?
  A.       Personal
  B.       Direct
  C.       Interactive
  D.       Social marketing
  E.       None of the above




                http://carolinequarte.blogspot.com/
TOP 10 Learning Questions for

  Chapter 20 Introducing New
       Market Offerings

          Louie Mark Quizon
          Ronald Wenceslao
            April 15, 2011


       http://louiemarkquizon.blogspot.com
7. ________ is an individual’s
decision to become a regular
user of the product
A.   Awareness
B.   Interest
C.   Evaluation
D.   Trial
E.   Adoption



          http://louiemarkquizon.blogspot.com
                                                91
7. ________ is when the consumer is
stimulated to seek information about
the innovation

A.   Awareness
B.   Interest
C.   Evaluation
D.   Trial
E.   Adoption



          http://louiemarkquizon.blogspot.com
                                                92
The consumer is stimulated to
seek information about the
innovation


                                               Adoption
                                  Trial
                     Evaluation

          Interest


   Awareness




         http://louiemarkquizon.blogspot.com
                                                          93
7. ________ is when the consumer is
stimulated to seek information about
the innovation

A.   Awareness
B.   Interest
C.   Evaluation
D.   Trial
E.   Adoption



          http://louiemarkquizon.blogspot.com
                                                94
TOP 10 Learning Questions for

  Tapping into Global Markets 21

         Sandel, Lee Aizabel L.
          Ronald Wenceslao
            April 14, 2011




        www.leeaizabelsandel.blogspot.com
2. NAFTA is an acronym for
____________.

A.   North American Foreign Trade Association
B.   North American Foreign Trade Agreement
C.   North American Free Trade Association
D.   North American Free Trade Agreement
E.   None of the above.




            www.leeaizabelsandel.blogspot.com
                                                96
2. The following are examples of
Regional Free Trade Zones EXCEPT
for:

A.   APEC
B.   NAFTA
C.   UFC
D.   European Union
E.   ASEAN




           www.leeaizabelsandel.blogspot.com
                                               97
Regional Free Trade Zones


   European Union
   NAFTA
   MERCOSUL
   APEC
   ASEAN




              www.leeaizabelsandel.blogspot.com
                                                  98
2. The following are examples of
Regional Free Trade Zones EXCEPT
for:

A.   APEC
B.   NAFTA
C.   UFC
D.   European Union
E.   ASEAN




           www.leeaizabelsandel.blogspot.com
                                               99
TOP 10 Learning Questions for

 Chapter 22: Managing A Holistic
 Marketing Organization For The
           Long Run

          Mira Lynn Serrano
          Ronald Wenceslao
            April 14, 2011



           miralynnserrano.blogspot.com
6. The following are different types
     of Marketing Control, except:

A.   Annual Plan Control
B.   Efficiency Control
C.   Cost Control
D.   Profitability Control
E.   Strategic Control




                    miralynnserrano.blogspot.com
                                                   101
6. Which marketing control
     examines whether the PLANNED
     RESULTS are achieved is ______.

A.   Annual Plan Control
B.   Efficiency Control
C.   Strategic Control
D.   Profitability Control
E.   None of the above




                    miralynnserrano.blogspot.com
                                                   102
Different Types of
       MARKETING CONTROL

Annual Plan     • Top management
                                                         To examine whether the
  control       • Middle management                      PLANNED RESULTS are
                                                              being achieved
Profitability   • Marketing controller
  control
 Efficiency     • Line and Staff management
  control       • Marketing controller


 Strategic      • Top management
  control       • Marketing Auditor



                              miralynnserrano.blogspot.com
                                                                          103
6. Which marketing control
     examines whether the PLANNED
     RESULTS are achieved is ______.

A.   Annual Plan Control
B.   Efficiency Control
C.   Strategic Control
D.   Profitability Control
E.   None of the above




                    miralynnserrano.blogspot.com
                                                   104

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Revised Chapter Questions - Wenceslao

  • 1. TOP 10 Learning Questions Revised Chapter Questions Ronald Patrick G. Wenceslao April 29, 2011 rgwenceslao.blogspot.com
  • 2. TOP 10 Learning Questions for Chapter 1: Defining Marketing for the 21st Century Ria Abendan / Ronald Wenceslao April 2011
  • 3. 6. If you would like an external hard drive included when you buy a laptop, this is an example of what type of need? A. Stated Needs B. Unstated Needs C. Real Needs D. Delight Needs E. Secret Needs 3
  • 4. 6. The 5 types of customer needs are stated, unstated, real, secret and _______ needs? A. Discreet Needs B. Broadcasted Needs C. Unreal Needs D. Delight Needs E. Exposed Needs 4
  • 5. There are 5 Types of Consumer Needs Stated Real Unstated Delight Secret Needs Needs Needs Needs Needs “I want an inexpensive TV.”
  • 6. Real Needs may underlie the Stated Needs Stated Real Unstated Delight Secret Needs Needs Needs Needs Needs “I want a TV whose maintenance cost, not initial price, is low (or zero).”
  • 7. Unstated needs are expected already by the customer Stated Real Unstated Delight Secret Needs Needs Needs Needs Needs “I want good service from the manufacturer.”
  • 8. Delight Needs ask more of the expected output Stated Real Unstated Delight Secret Needs Needs Needs Needs Needs “I want it to come with a home theater system.”
  • 9. Secret Needs may not easily be articulated by the customer Stated Real Unstated Delight Secret Needs Needs Needs Needs Needs “I want my friends to see me as a smart buyer.”
  • 10. 6. The 5 types of customer needs are stated, unstated, real, secret and _______ needs? A. Discreet Needs B. Broadcasted Needs C. Unreal Needs D. Delight Needs E. Exposed Needs 10
  • 11. 10 Questions Chapter 2: Developing Marketing Strategies and Plans Steven Michael Y. Andrada / Ronald Wenceslao April 15, 2011 www.stevenandrada.blogspot.com 1/73
  • 12. 7. According to Ansof’s product – market expansion grid, What kind of strategy that develops new markets for the current products? A. Market penetration strategy B. Product development strategy C. Market development strategy D. Diversification strategy E. None of the above www.stevenandrada.blogspot.com 40/73
  • 13. 7. According to Ansof’s product, the market expansion grid, product development strategy focuses on _____ markets and _____ products? A. Current, new B. Current, current C. New, current D. New, new E. None of the above www.stevenandrada.blogspot.com 40/73
  • 14. Ansoff’s Product – Market Expansion Grid Current Products New Products Current Market-penetration Product-development Markets strategy strategy New Market-development Diversification Markets strategy strategy Source: 13th Edition, Marketing Management, Kotler & Keller www.stevenandrada.blogspot.com 41/73
  • 15. 7. According to Ansof’s product, the market expansion grid, product development strategy focuses on _____ markets and _____ products? A. Current, new B. Current, current C. New, current D. New, new E. None of the above www.stevenandrada.blogspot.com 40/73
  • 16. TOP 10 Learning Questions Ch 3: Gathering Information and Scanning the Environment Ma. Katrina S. Avellana / Ronald Wenceslao April 2011 http://kavellana.blogspot.com
  • 17. 9. Which is NOT a technological aspect included in shaping the business landscape? A. Pace of change B. Opportunities for innovation C. Varying R&D budgets D. Increased regulation of change E. Innovation http://kavellana.blogspot.com 17
  • 18. Environmental Forces Shaping the Business Landscape •Technological •Pace of change •Opportunities for innovation •Varying R&D budgets •Increased regulation of change http://kavellana.blogspot.com 18
  • 19. 9. Which is NOT a technological aspect included in shaping the business landscape? A. Pace of change B. Opportunities for innovation C. Varying R&D budgets D. Increased regulation of change E. Innovation http://kavellana.blogspot.com 19
  • 20. TOP 10 Learning Questions for Chapter 4: Conducting Marketing Research and Forecasting Demand Megha Behani / Ronald Wenceslao 15th April ’2011
  • 21. #2: Autonomy, consumer satisfaction, perceived quality and freedom to fail are ____ A . External marketing metrics B. Internal marketing metrics C. Both A and B D. Either A or B E. Not a part of marketing metrics 21
  • 22. #2: Willingness to change, autonomy and freedom to fail are part of ____ ? A . External marketing metrics B. Internal marketing metrics C. Both A and B D. Either A or B E. Not a part of marketing metrics 22
  • 23. Concept: Determine different marketing metrics to help marketers assess marketing performance. EXTERNAL INTERNAL Awareness & commitment Market share of/to goals Customer Willingness Satisfaction to change Freedom to fail No. of customers Autonomy 23
  • 24. #2: Willingness to change, autonomy and freedom to fail are part of ____ ? A . External marketing metrics B. Internal marketing metrics C. Both A and B D. Either A or B E. Not a part of marketing metrics 24
  • 25. TOP 10 Learning Questions for Chapter 5: Creating Customer Value, Satisfaction, and Loyalty Cabunilas, Michelle M. / Ronald Wenceslao 15 April 2011 Kotler, Keller, Marketing Management, 13th ed. http://cabunilasmichelle.blogspot.com
  • 26. 10. Customer profit rate increase due to increased purchases, referrals, and price premiums and _____________. A. In-active Customers B. Reduced Operating Costs C. Disqualified Prospects D. Only A and C E. None of the Above Kotler, Keller, Marketing Management, 13th ed. http://cabunilasmichelle.blogspot.com
  • 27. 10. Customer profit rate increase due to ______, referrals, and price premiums and reduced operating costs. A. New suppliers B. Technology C. Increased purchases D. Only A and B E. None of the Above Kotler, Keller, Marketing Management, 13th ed. http://cabunilasmichelle.blogspot.com
  • 28. Concept 10: Customer Dev’t. Process and Retention  Acquired new customers cost five times more than satisfying and retaining current customers.  Average company loses 10% of its customer each year.  5% reduction in customer defect rate can increase profits by up to 85%  Customer profit rate increase due to increased purchases, referrals, and price premiums and reducedd operating costs. Kotler, Keller, Marketing Management, 13th ed. http://cabunilasmichelle.blogspot.com
  • 29. 10. Customer profit rate increase due to ______, referrals, and price premiums and reduced operating costs. A. New suppliers B. Technology C. Increased purchases D. Only A and B E. None of the Above Kotler, Keller, Marketing Management, 13th ed. http://cabunilasmichelle.blogspot.com
  • 30. TOP 10 Learning Questions for Ch6: Analyzing Consumer Markets Roleigh “Rolly” Tuazon / Ronald Wenceslao 15 April 2011
  • 31. 5. What does constitute a brand personality?  A. Durability  B. Excitement  C. Competence  D. All of the above  E. Two of the above 31
  • 32. 5. Which of the following does not constitute brand personality?  A. Durability  B. Excitement  C. Competence  D. Sophistication  E. Sincerity 32
  • 33. Concept 6: Brand Personality Sincerity Excitement Competence Sophistication Ruggedness Kotler, Keller. Marketing Management, 13th Edition. 33
  • 34. 5. Which of the following does not constitute brand personality?  A. Durability  B. Excitement  C. Competence  D. Sophistication  E. Sincerity 34
  • 35. 5. Which of the following does not constitute brand personality?  A. Durability  B. Excitement  C. Competence  D. Sophistication  E. Sincerity 35
  • 36. 36
  • 37. 3. The following roles are included in a business buying process?  A. Sellers  B. Suppliers  C. Product  D. All of the above  E. None of the above 37
  • 38. 38
  • 39. 3. The following roles are included in a business buying process?  A. Sellers  B. Suppliers  C. Product  D. All of the above  E. None of the above 39
  • 40. TOP 10 Learning Questions for Chapter 10 Identifying Market Segments &Targets Sheilanor C. Turingan / Ronald Wenceslao April 14, 2011 http://sheilanorturingan.blogspot.com 40
  • 41. 2. The following are levels of target marketing, except? A. Individual B. Segment C. Local D. Niche E. Mass http://sheilanorturingan.blogspot.com 41
  • 42. 2. _____ is a level of target marketing where the needs of the customers are tailored in trading areas? A. Individual B. Segment C. Local D. Niche E. None of the above http://sheilanorturingan.blogspot.com 42
  • 43. 4 Levels of Target Marketing 1. Individual – one-to-one/customized marketing 2. Segment – customers with similar needs 3. Local – tailored to needs of customers in trading areas, neighborhoods 4. Niche – customers with distinct set of needs http://sheilanorturingan.blogspot.com 43
  • 44. 2. _____ is a level of target marketing where the needs of the customers are tailored in trading areas? A. Individual B. Segment C. Local D. Niche E. None of the above http://sheilanorturingan.blogspot.com 44
  • 45. TOP 10 Learning Questions for Ch 9: Creating Brand Equity Soleil Gan / Ronald Wenceslao April 2011 http://taeyangxinyi.blogspot.com
  • 46. 8. Which of the following is not true? A. Memorable and meaningful are two of the six brand element choice criteria. B. Logos and symbols are two of the six brand elements. C. Alliances and third-party endorsements are secondary sources of brand knowledge. D. Feelings and information are two types of brand knowledge E. Presence and bonding are two levels of brand dynamics. http://taeyangxinyi.blogspot.com 46
  • 47. 8. Which of the following is NOT part of brand knowledge? A. Information B. Images C. Feelings D. Thoughts E. Experiences http://taeyangxinyi.blogspot.com 47
  • 48. Information is not part of brand knowledge Images Experiences Feelings KNOWLEDGE Beliefs Thoughts http://taeyangxinyi.blogspot.com
  • 49. 8. Which of the following is NOT part of brand knowledge? A. Information B. Images C. Feelings D. Thoughts E. Experiences http://taeyangxinyi.blogspot.com 49
  • 50. TOP 10 Learning Questions for Chapter 10 Crafting the Brand Positioning Pearl Hazelle S. Velasco / Ronald Wenceslao April 14, 2011
  • 51. 8. Quality, Feature and style are examples of… A. Services Modification B. Marketing Program Modification C. Product Modification D. Market Modification E. Prices Modification
  • 52. 8. ______ improvement aims at increasing a product’s esthetic appeal A. Quality B. Feature C. Style D. Technology E. None of the above
  • 53. Product Modification Quality Improvement – aims at increasing the product’s functional performance. Feature Improvement – aims in adding new features such as size, weight, materials, additives, and accessories that expand the product’s performance, versatility, safety, or convenience. Style Improvement – aims at increasing the product’s esthetic appeal.
  • 54. 8. ______ improvement aims at increasing a product’s esthetic appeal A. Quality B. Feature C. Style D. Technology E. None of the above
  • 55. TOP 10 Learning Concepts for Chapter 11: Dealing with Competition Lady Charmayne Hao / Ronald Wenceslao April 2011
  • 56. 8. Which of the following is true? a. An imitator takes the leader’s product and adapts or improves them. b. A cloner emulates the leader’s products, name, and packaging but is costs less than the leader’s product. c. An adapter duplicates the leader’s product and packages and sells it to the black market. d. A cloner copies some aspects of the leader’s products but maintains a few differentiation. e. None of the above 56
  • 57. 8. What market follower strategy adapts or improves the leader’s products? a. Counterfeiter b. Cloner c. Adapter d. Imitator e. None of the above 57
  • 58. “CLONER” emulates the leader’s products with slight variations  What?  How? Product, name, and packaging are almost identical but cost less than the leader’s product! 58
  • 59. 8. What market follower strategy adapts or improves the leader’s products? a. Counterfeiter b. Cloner c. Adapter d. Imitator e. None of the above 59
  • 60. TOP 10 Learning Questions for Setting Product Strategy #28 Ivy Villamor / Ronald Wenceslao April 14, 2011 A Downloadable Template For use in the Marketing Management Class of Prof. Remigio Joseph De Ungria
  • 61. 6. Which of the following does not fall under “Service Differentiation? A. Ordering ease B. Conformance C. Installation D. Returns E. All of the above 61
  • 62. 6. Which of the following does not fall under “Service Differentiation? A. Ordering ease B. Customer training C. Installation D. None of the above E. All of the above 62
  • 63. Concept 10: Service Differentiation  Ordering ease : call PLDT hotline  Delivery : 1 day installation  Installation : free installation  Customer training : upon installation  Customer consulting : thru 24/7 hotline and Customer Service  Maintenance & repair: thru 24/7 hotline and Customer Service  Returns : warranty coverage, returnable for defects http://www.slideshare.net/ivyvillamor
  • 64. 6. Which of the following does not fall under “Service Differentiation? A. Ordering ease B. Customer training C. Installation D. None of the above E. All of the above 64
  • 65. TOP 10 Learning Questions for Ch 14 Developing Pricing Strategies and Programs Zaragoza / Wenceslao April 15, 2011 meghanngettingthere.blogspot.com
  • 66. 1. Consumers use PRICE as an indicator of _____________. A. Product Comparability B. Product Quantity C. Product Superiority D. Product Quality E. None of the Above meghanngettingthere.blogspot.com 66
  • 67. 1. Consumers arrive at Price Perceptions via 4 Key Points EXCEPT A. Reference Prices B. Price – Quality Inferences C. Price Endings D. Price increase E. Price Ques meghanngettingthere.blogspot.com 67
  • 68. Consumers arrive at Price Perceptions via 4 Key Points Reference Prices Price – quality Inferences Price Endings Price Cues meghanngettingthere.blogspot.com
  • 69. 1. Consumers arrive at Price Perceptions via 4 Key Points EXCEPT A. Reference Prices B. Price – Quality Inferences C. Price Endings D. Price increase E. Price Ques meghanngettingthere.blogspot.com 69
  • 70. TOP 10 Learning Questions for Chapter 16 – Managing Retailing, Wholesaling, and Logistics Joseph Gabriel N. Morales Ronald Wenceslao April 14, 2011
  • 71. Question 1 Which of the following does not fall under “Levels of Service”? A. Self-Service B. Self-Selection C. Limited Service D. Full Service E. Personal Service 71
  • 72. Question 1 This levels of service is where the customer chooses from a given selection. A. Self-Service B. Self-Selection C. Limited Service D. Full Service E. None of the above 72
  • 73. Levels of Service  Self-Service  Customer serves himself (getting slurpee, hotdog sandwich, soda)  Self-Selection  Customer chooses from given selection  Limited Service  Provides service to a certain extent  Full Service  Provides service from start to end of purchase Source: Marketing Management 13 th Ed by Philip Kotler 73
  • 74. Question 1 This levels of service is where the customer chooses from a given selection. A. Self-Service B. Self-Selection C. Limited Service D. Full Service E. None of the above 74
  • 75. TOP 10 Learning Question for Chapter 17 Designing and Managing Integrated Marketing Yang Zhao / Wenceslao April. 2011 http://zhaointote.blogspot.com/
  • 76. 1.How many modes of marketing communication mix? A. 2 B. 4 C. 6 D. 8 E. 10 http://zhaointote.blogspot.com/
  • 77. 1.What model of the marketing communication mix deals with face-to-face interactions with one or more prospective purchasers? A. Interactive Marketing B. Direct Marketing C. Word of Mouth Marketing D. Personal Selling E. None of the above http://zhaointote.blogspot.com/
  • 78. Marketing Communication mix (8 major models of Communication) Direct Marketing User of mail, Tel, fax, e-mail, or Internet to communicate directly with or solicit response or dialogue from specific, customers and prospects. Interactive Marketing Online activities and programs designed to engaged customers or prospects and directly or indirectly raise awareness, improve image, or elicit sales of products and services Word- of - Mouth Marketing People-to-people oral, written, or electronic communications that related to merits or experiences of purchasing or using products or services. Personal Selling Face-to-face interaction with one or more prospective purchasers for the purpose of making presentations, answering questions, and procuring orders. http://zhaointote.blogspot.com/
  • 79. 1.What model of the marketing communication mix deals with face-to-face interactions with one or more prospective purchasers? A. Interactive Marketing B. Direct Marketing C. Word of Mouth Marketing D. Personal Selling E. None of the above http://zhaointote.blogspot.com/
  • 80. TOP 10 Learning Questions for Ch18: Managing Mass Communications Ira A. Ong Ronald Wenceslao April 2011
  • 81. 1. Which of the 5Ms refers to the evaluation of advertising impact on sales? A. Money B. Mission C. Media D. Message E. None of the above
  • 82. 1. Which of the 5Ms refers to the evaluation of advertising impact on sales? A. Money B. Measurement C. Media D. Message E. None of the above
  • 83. How do we evaluate the results? Measurement Sales Impact Communication Impact
  • 84. 1. Which of the 5Ms refers to the evaluation of advertising impact on sales? A. Money B. Measurement C. Media D. Message E. None of the above
  • 85. TOP 10 Learning Questions for Ch 19: Managing Personal Communications Caroline P. Quarte Ronald Wenceslao April 2011 http://carolinequarte.blogspot.com/
  • 86. Question 4. Which of the following is true? A. Personal marketing refers to the use of the Internet to reach customers. B. Direct marketing refers to the use of the Internet to reach customers. C. Interactive marketing refers to the use of the Internet to reach customers. D. Social marketing refers to the use of the Internet to reach customers. http://carolinequarte.blogspot.com/
  • 87. Question 4. _____ marketing refers to the use of the Internet to reach customers? A. Personal B. Direct C. Interactive D. Social marketing E. None of the above http://carolinequarte.blogspot.com/
  • 88. Interactive marketing is the use of Internet to reach customers. It provides marketers and consumers with opportunities for greater interaction and individualization http://carolinequarte.blogspot.com/
  • 89. Question 4. _____ marketing refers to the use of the Internet to reach customers? A. Personal B. Direct C. Interactive D. Social marketing E. None of the above http://carolinequarte.blogspot.com/
  • 90. TOP 10 Learning Questions for Chapter 20 Introducing New Market Offerings Louie Mark Quizon Ronald Wenceslao April 15, 2011 http://louiemarkquizon.blogspot.com
  • 91. 7. ________ is an individual’s decision to become a regular user of the product A. Awareness B. Interest C. Evaluation D. Trial E. Adoption http://louiemarkquizon.blogspot.com 91
  • 92. 7. ________ is when the consumer is stimulated to seek information about the innovation A. Awareness B. Interest C. Evaluation D. Trial E. Adoption http://louiemarkquizon.blogspot.com 92
  • 93. The consumer is stimulated to seek information about the innovation Adoption Trial Evaluation Interest Awareness http://louiemarkquizon.blogspot.com 93
  • 94. 7. ________ is when the consumer is stimulated to seek information about the innovation A. Awareness B. Interest C. Evaluation D. Trial E. Adoption http://louiemarkquizon.blogspot.com 94
  • 95. TOP 10 Learning Questions for Tapping into Global Markets 21 Sandel, Lee Aizabel L. Ronald Wenceslao April 14, 2011 www.leeaizabelsandel.blogspot.com
  • 96. 2. NAFTA is an acronym for ____________. A. North American Foreign Trade Association B. North American Foreign Trade Agreement C. North American Free Trade Association D. North American Free Trade Agreement E. None of the above. www.leeaizabelsandel.blogspot.com 96
  • 97. 2. The following are examples of Regional Free Trade Zones EXCEPT for: A. APEC B. NAFTA C. UFC D. European Union E. ASEAN www.leeaizabelsandel.blogspot.com 97
  • 98. Regional Free Trade Zones  European Union  NAFTA  MERCOSUL  APEC  ASEAN www.leeaizabelsandel.blogspot.com 98
  • 99. 2. The following are examples of Regional Free Trade Zones EXCEPT for: A. APEC B. NAFTA C. UFC D. European Union E. ASEAN www.leeaizabelsandel.blogspot.com 99
  • 100. TOP 10 Learning Questions for Chapter 22: Managing A Holistic Marketing Organization For The Long Run Mira Lynn Serrano Ronald Wenceslao April 14, 2011 miralynnserrano.blogspot.com
  • 101. 6. The following are different types of Marketing Control, except: A. Annual Plan Control B. Efficiency Control C. Cost Control D. Profitability Control E. Strategic Control miralynnserrano.blogspot.com 101
  • 102. 6. Which marketing control examines whether the PLANNED RESULTS are achieved is ______. A. Annual Plan Control B. Efficiency Control C. Strategic Control D. Profitability Control E. None of the above miralynnserrano.blogspot.com 102
  • 103. Different Types of MARKETING CONTROL Annual Plan • Top management To examine whether the control • Middle management PLANNED RESULTS are being achieved Profitability • Marketing controller control Efficiency • Line and Staff management control • Marketing controller Strategic • Top management control • Marketing Auditor miralynnserrano.blogspot.com 103
  • 104. 6. Which marketing control examines whether the PLANNED RESULTS are achieved is ______. A. Annual Plan Control B. Efficiency Control C. Strategic Control D. Profitability Control E. None of the above miralynnserrano.blogspot.com 104