* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download chapter 3 the marketing environment
Perfect competition wikipedia , lookup
Integrated marketing communications wikipedia , lookup
Direct marketing wikipedia , lookup
Neuromarketing wikipedia , lookup
Target audience wikipedia , lookup
Street marketing wikipedia , lookup
Grey market wikipedia , lookup
Darknet market wikipedia , lookup
Market penetration wikipedia , lookup
Marketing plan wikipedia , lookup
Multicultural marketing wikipedia , lookup
Advertising campaign wikipedia , lookup
Green marketing wikipedia , lookup
Sensory branding wikipedia , lookup
Target market wikipedia , lookup
Global marketing wikipedia , lookup
Segmenting-targeting-positioning wikipedia , lookup
CHAPTER 3 CRS Questions & Answers THE MARKETING ENVIRONMENT Which of the following is NOT an actor within the microenvironment? 1. Cultural forces 2. The company 3. Suppliers 4. Marketing intermediaries Copyright 2007, Prentice-Hall Inc. 3-2 Which of the following is NOT an actor within the microenvironment? 1. Cultural forces 2. The company 3. Suppliers 4. Marketing intermediaries Microenvironmental actors are close to the company and affect the firm’s ability to serve its customers. Cultural forces influence the macroenvironment. Copyright 2007, Prentice-Hall Inc. 3-3 Your firm receives a letter from the NAACP that expresses the organization's concern over the failure of consumer-products firms to market actively to African Americans. To which of the following publics should your company respond? 1. Local 2. Financial 3. Citizen action 4. Government Copyright 2007, Prentice-Hall Inc. 3-4 Your firm receives a letter from the NAACP that expresses the organization's concern over the failure of consumer-products firms to market actively to African Americans. To which of the following publics should your company respond? 1. Local 2. Financial 3. Citizen action 4. Government The NAACP is one of many citizen action groups which may question a firm’s marketing efforts. Copyright 2007, Prentice-Hall Inc. 3-5 You and your marketing team must develop a plan to sell new furnace equipment to steel manufacturers. This plan targets which of the following customer markets? 1. Business market 2. Consumer market 3. International market 4. Government market Copyright 2007, Prentice-Hall Inc. 3-6 You and your marketing team must develop a plan to sell new furnace equipment to steel manufacturers. This plan targets which of the following customer markets? 1. Business market 2. Consumer market 3. International market 4. Government market Business markets buy goods and services for further processing or for use in their production process. Copyright 2007, Prentice-Hall Inc. 3-7 To sell this furnace equipment more effectively, your team might seek the assistance of all of the following marketing intermediaries EXCEPT: 1. 2. 3. 4. Resellers Financial institutions Physical distribution firms Suppliers Copyright 2007, Prentice-Hall Inc. 3-8 To sell this furnace equipment more effectively, your team might seek the assistance of all of the following marketing intermediaries EXCEPT: 1. 2. 3. 4. Resellers Financial institutions Physical distribution firms Suppliers Suppliers provide the resources needed by the company to produce its goods and services, but do not help resell, distribute, or finance transactions. Copyright 2007, Prentice-Hall Inc. 3-9 Which of the following consumer groups values experience over the accumulation of wealth, seeks out the best value, and is typically skeptical of marketing messages? 1. 2. 3. 4. Generation Y Generation X Baby Boomers All of the above Copyright 2007, Prentice-Hall Inc. 3-10 Which of the following consumer groups values experience over the accumulation of wealth, seeks out the best value, and is typically skeptical of marketing messages? 1. 2. 3. 4. Generation Y Generation X Baby Boomers All of the above The shared experiences of Generation Xers have shaped their economic outlook and response to marketing messages. Copyright 2007, Prentice-Hall Inc. 3-11 Which of the following is NOT a current trend associated with the changing American household? 1. The percent of married couples with children is increasing. 2. More people are divorcing, separating, and choosing not to marry. 3. The number of working women is increasing. 4. The number of nontraditional households are growing more rapidly. Copyright 2007, Prentice-Hall Inc. 3-12 Which of the following is NOT a current trend associated with the changing American household? 1. The percent of married couples with children is increasing. 2. More people are divorcing, separating, and choosing not to marry. 3. The number of working women is increasing. 4. The number of nontraditional households are growing more rapidly. The percent of married couples with children is decreasing. Copyright 2007, Prentice-Hall Inc. 3-13 Based on recent geographic shifts in population, you would most likely open your new branch of a sporting goods company in which of the following areas? 1. 2. 3. 4. The South The Northeast The Midwest Canada Copyright 2007, Prentice-Hall Inc. 3-14 Based on recent geographic shifts in population, you would most likely open your new branch of a sporting goods company in which of the following areas? 1. 2. 3. 4. The South The Northeast The Midwest Canada The U.S. population has been migrating towards the Southern and Western states for the past two decades. Copyright 2007, Prentice-Hall Inc. 3-15 Hotel conglomerates such as Marriott often market multiple hotel brands to consumers with different needs or incomes. Which group would Marriott be least likely to market towards? 1. 2. 3. 4. The working class The upper-class The underclass The middle class Copyright 2007, Prentice-Hall Inc. 3-16 Hotel conglomerates such as Marriott often market multiple hotel brands to consumers with different needs or incomes. Which group would Marriott be least likely to market towards? 1. 2. 3. 4. The working class The upper-class The underclass The middle class With limited income to make basic purchases, the underclass is the least likely group to be able to afford hotel accommodations. Copyright 2007, Prentice-Hall Inc. 3-17 From a demographic point of view, your new Internet-service company stands a good chance of succeeding because the U.S. population is: 1. 2. 3. 4. becoming more ethnically diverse. growing older. more inclined toward citizen action. becoming better educated. Copyright 2007, Prentice-Hall Inc. 3-18 From a demographic point of view, your new Internet-service company stands a good chance of succeeding because the U.S. population is: 1. 2. 3. 4. becoming more ethnically diverse. growing older. more inclined toward citizen action. becoming better educated. The growing number of educated people will increase demand for personal computers and Internet service. Copyright 2007, Prentice-Hall Inc. 3-19