The four unique elements to services include:
A. Independence, intangibility, inventory, and inception
B. Independence, increase, inventory, and intangibility
C. Intangibility, inconsistency, inseparability, and inventory
D. Intangibility, independence, inseparability, and inventory
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A change in an individual's behavior prompted by information and experience refers to which one of the following concept?
A. Learning
B. Role selection
C. Perception
D. Motivation
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While buying milk which kind of behavior is displayed by a person?
A. Extensive problem solving behavior
B. Routinized buying behavior
C. Variety seeking behavior
D. None of the above
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Whether to sell via intermediaries or directly to consumers, how many outlets to sell through, and whether to control or cooperate with other channel members are examples of decisions marketers must make about
A. Promotion
B. Price
C. Distribution
D. Product
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The extended Ps of service marketing mix is:
A. People, Product, Place
B. Price Physical Evidence, Promotion
C. Physical Evidence, Process, People
D. Product, Process, Physical Environment
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A social and managerial process by which individuals and organizations obtain what they need and want through value creation refers to which one of the following concepts?
A. Selling
B. Advertising
C. Barter
D. Marketing
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What is the basic property of a service which makes it different from a product?
A. Shape
B. Size
C. Very expensive
D. Intangibility
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Which one of the following phrases reflects the marketing concept?
A. The supplier is a king in the market
B. Marketing should be viewed as hunting not gardening
C. This is what I make, won’t you please buy it
D. This is what I want, won’t you please make it
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The solution to price competition is to develop a differentiated:
A. Product, price, and promotion
B. Offer, delivery, and image
C. Package and label
D. International Web site
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You purchase cleaning supplies for your custodial help regularly. It is showing which buying situation?
A. Modified rebuy
B. Straight rebuy
C. Modified straight rebuy
D. Consumer buy
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Customer’s evaluation of the difference between all the benefits and all the costs of a marketing offer relative to those of competing offers refers to which of the following options?
A. Customer perceived value
B. Marketing myopia
C. Customer relationship management
D. Customer satisfaction
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Buying goods and services for further processing or for use in the production process refers to which of the following markets?
A. Consumer markets
B. Government markets
C. Business markets
D. International markets
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Product planners need to think about products and services on three levels. Each level adds more customer value. Which one of the following is the most basic level that addresses the question, “What is the buyer really buying?”
A. Actual product
B. Augmented product
C. Core benefit
D. Co-branding
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The mental act, condition or habit of placing trust or confidence in another shows which of the following options?
A. Motive
B. Belief
C. behavior
D. Attitude
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How do consumers respond to various marketing efforts the company might use? What is a starting point of a buyer’s behavior?
A. Belief
B. Subculture
C. Post purchase feeling
D. Stimulus-response Model
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Which one of the following factor relates to family that influences consumer behavior?
A. Cultural
B. Social
C. Personal
D. Business
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Unique psychological characteristics that lead to relatively consistent and lasting responses to one’s own environment refers to which one of the following?
A. Belief
B. Culture
C. Personality
D. Self-awareness
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Which one of the following statements by a company chairman BEST reflects the marketing concept?
A. We have organized our business to satisfy the customer needs
B. We believe that marketing department must organize to sell what we produce
C. We try to produce only high quality, technically efficient products
D. We try to encourage company growth in the market
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Which one of the following is a key to build lasting relationships with consumers?
A. Price of the product
B. Need recognition
C. Customer satisfaction
D. Quality of product
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The factors such as the buyer’s age, life-cycle stage, occupation, economic situation, lifestyle, personality and self-concept that influences buyer’s decisions refers to which one of the following characteristic?
A. Personal characteristics
B. Psychological characteristics
C. Behavioral characteristics
D. Demographical characteristics
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