This quiz works best with JavaScript enabled. Home > Economy > Business > Marketing Management – Quiz 24 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Marketing Management Quiz 24 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Candace works for a small marketing firm that focuses on ads that pop up on social media web pages. Candace most likely works in A) Marketing Research. B) Professional Sales. C) E-Marketing. D) Distribution and Logistics. Show Answer Correct Answer: C) E-Marketing. 2. What term refers to people who are trendy and fashionable in order to impress others and are often impulse buyers? A) Stretchers. B) Aficionados. C) Innovators. D) Strivers. Show Answer Correct Answer: D) Strivers. 3. Letters of inquiry should be as ..... as possible. A) Specific. B) Vague. C) Verbose. D) Demanding. Show Answer Correct Answer: A) Specific. 4. Scratch a card and win a refrigerator. Identify the technique of sales promotion. A) Usable benefit. B) Product combinations. C) Instant Draws and assigned gift. D) Lucky Draw. Show Answer Correct Answer: C) Instant Draws and assigned gift. 5. THE ART OF ANTICIPATING WHAT BUYERS ARE LIKELY TO DO UNDER A GIVEN SET OF CONDITIONS. A) COMPANY DEMAND. B) EXPERT OPINION. C) PROBABILITY SCALE. D) FORECASTING. Show Answer Correct Answer: D) FORECASTING. 6. Where in the Microsoft Word word-processing program should you look to determine what page of a document you're on and how many words are in the document? A) Status bar. B) Ribbon. C) Quick access toolbar. D) Title bar. Show Answer Correct Answer: A) Status bar. 7. Which of the following is an important question for marketers to ask before creating a research design? A) Who is our target market?. B) What new products do we like?. C) What do we want the results to be?. D) What is our budget?. Show Answer Correct Answer: D) What is our budget?. 8. What is often the result of positive customer/client relations? A) Additional stress. B) More competition. C) Repeat business. D) Increased training. Show Answer Correct Answer: C) Repeat business. 9. Coca-Cola is an example of what type of business represented in our society? A) Service. B) Global/International. C) Retail. D) Online. E) Franchise. Show Answer Correct Answer: B) Global/International. 10. Services are more ..... than goods. A) Produced and consumed simultaneously. B) Perishable. C) Inventoried. D) Inelastic. Show Answer Correct Answer: B) Perishable. 11. Which example will give you quality data? A) A person asks you for clarification. B) A person misinterpret data. C) A person completes a few survey questions. D) A person lies about your answers. Show Answer Correct Answer: A) A person asks you for clarification. 12. Actually marketing means- A) Exchange. B) To satisfy the consumer. C) Sells. D) None of these. Show Answer Correct Answer: B) To satisfy the consumer. 13. The type of management that implements the decisions of top management, plans how the departments under them can work to reach top management's goals. A) Middle management. B) Vertical organization. C) Horizontal organization. D) Supervisory-level management. Show Answer Correct Answer: A) Middle management. 14. Which market segment represents customers who prefer a variety of reasonably priced recreational activities? A) Geographic. B) Psychographic. C) Behavioral. D) Occupational. Show Answer Correct Answer: B) Psychographic. 15. A(n) ..... is a gathering of 6 to 10 people carefully selected by researchers based on certain demographic, psychographic, or other considerations and brought together to discuss various topics of interest at length. A) Target group. B) Pilot group. C) Focus group. D) Customer base. E) Ethnographic group. Show Answer Correct Answer: C) Focus group. 16. William decides to purchase a baseball bat for $ 50. The opportunity cost of the decision to purchase the bat is which of the following? A) $ 50 cash. B) The time spent making the decision on which bat to purchase. C) Another item William could have purchased for $ 50. D) The time William spent saving for the bat. Show Answer Correct Answer: C) Another item William could have purchased for $ 50. 17. Which task is unique to the Management and Entrepreneurship career pathway? A) Advertising products. B) Distributing products. C) Receiving complaints. D) Training workers. Show Answer Correct Answer: C) Receiving complaints. 18. Businesses may prevent burglaries by checking every room in the building at night to make sure that the A) Telephones are tranferred. B) Public areas are clean. C) Electrical equipment is turned off. D) Windows and doors are locked. Show Answer Correct Answer: D) Windows and doors are locked. 19. "process and activities which meets customers' requirements or needs either by satisfying them or by providing value to them in exchange for value to the companies." are definition from ..... A) Management. B) Marketing. C) Environment. D) Communication. Show Answer Correct Answer: B) Marketing. 20. Changing old glass bottles into beautiful new sculptures is an example of ..... utility. A) Information. B) Form. C) Possession. D) Place. Show Answer Correct Answer: B) Form. ← PreviousNext →Related QuizzesEconomy QuizzesMarketing Management Quiz 1Marketing Management Quiz 2Marketing Management Quiz 3Marketing Management Quiz 4Marketing Management Quiz 5Marketing Management Quiz 6Marketing Management Quiz 7Marketing Management Quiz 8Marketing Management Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books