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MARKETING 1.04 Practice Questions What is the overall reason that marketing strategies are designed and implemented? 1-Improving management techniques 2-Achieving planned goals 3-Changing the image of the business 4-Increasing business profits immediately What is the overall reason that marketing strategies are designed and implemented? 1-Improving management techniques 2-Achieving planned goals 3-Changing the image of the business 4-Increasing business profits immediately : Dennis has a great idea for a new type of tennis ball that, if produced, would be better than any ball currently on the market. He pitches his idea to a few investors. Which of the four P’s should these investors consider first? 1-Product 2-Price 3-Promotion 4-Place : Dennis has a great idea for a new type of tennis ball that, if produced, would be better than any ball currently on the market. He pitches his idea to a few investors. Which of the four P’s should these investors consider first? 1-Product 2-Price 3-Promotion 4-Place Manny has a new idea for a new cleanser that would decrease the time in cleaning tiled floors. He thinks this product would be better than any cleanser currently on the market. Which of the four P’s should these investors consider first? 1-Product 2-Price 3-Promotion 4-Place Manny has a new idea for a new cleanser that would decrease the time in cleaning tiled floors. He thinks this product would be better than any cleanser currently on the market. Which of the four P’s should these investors consider first? 1-Product 2-Price 3-Promotion 4-Place To promote its summer menu, Danielle's Cafe plans to email a $5.00 off coupon to its regular customers next Tuesday. The coupon will be valid from June 1 through June 15. What does use of the coupon represent? 1-Tactic 2-Strategy 3-Goal 4-Trend To promote its summer menu, Danielle's Cafe plans to email a $5.00 off coupon to its regular customers next Tuesday. The coupon will be valid from June 1 through June 15. What does use of the coupon represent? 1-Tactic 2-Strategy 3-Goal 4-Trend Highway 1 Restaurant allows customers the opportunity to enter drawings in order to win a birthday cake. Customers register by providing their contact information on a card. What does entering the drawings represent? 1-Tactic 2-Strategy 3-Goal 4-Trend Highway 1 Restaurant allows customers the opportunity to enter drawings in order to win a birthday cake. Customers register by providing their contact information on a card. What does entering the drawings represent? 1-Tactic 2-Strategy 3-Goal 4-Trend Which market segment do customers in cold climates who need snow shovels and snow blowers represent? 1-Geographic 2-Psychographic 3-Behavioral 4-Occupational Which market segment do customers in cold climates who need snow shovels and snow blowers represent? 1-Geographic 2-Psychographic 3-Behavioral 4-Occupational Which market segment do customers that prefer reasonably priced recreational activities that include a variety represent? 1-Geographic 2-Psychographic 3-Behavioral 4-Occupational Which market segment do customers that prefer reasonably priced recreational activities that include a variety represent? 1-Geographic 2-Psychographic 3-Behavioral 4-Occupational A business determines that it can increase its market share 12 percent by promoting its goods and services to Hispanic females who are 18 to 34 years old. How is the business segmenting the market? 1-By geographics 2-By psychographics 3-By demographics 4-By behavior A business determines that it can increase its market share 12 percent by promoting its goods and services to Hispanic females who are 18 to 34 years old. How is the business segmenting the market? 1-By geographics 2-By psychographics 3-By demographics 4-By behavior