MKT 421 - segmentation is done according to an objective
15
?__________ segmentation is done according to an objective measurable, physical, or other classification attribute of potential consumers.
- ?Psychographic
- Behavioral
- Demographic
- Geographic
16
?
__________ is best defined as the process of continuously obtaining information on events happening outside a company to recognize and interpret possible trends that affect marketing.
?
- Relationship marketing
- ?Environmental scanning
- ?Digital marketing
- Customer relationship management
17
?A __________ is when manufacturers direct their promotional efforts toward channel partners to convince them to order and stock products.
- ?multi-marketing strategy
- pull strategy
- skimming strategy
- ?push strategy
18
?__________ is an activity that creates, communicates, and delivers products and services that benefit an organization, its stakeholders, its customers, and society as a whole.
- ?Marketing
- Purchasing
- Manufacturing
- Advertising
19
?What is the difference between advertising and personal selling?
- ?Advertising can control the amount of wasted coverage, whereas personal selling cannot control the amount of wasted coverage.
- Advertising uses customized interaction between sellers and potential consumers, whereas personal selling sells to a large group of potential consumers.
- ?Advertising does not have an immediate feedback loop, whereas personal selling does because of direct interaction with potential consumers.
- Advertising is always a paid activity to sell a product, whereas personal selling involves no direct payment to sellers.
20
__________ segmentation is done according to where potential consumers live or work?
- ?Behavioral
- Demographic
- ?Geographic
- ?Psychographic
21
A __________ is any word, device (shape, design, color, or sound), or combination thereof used to differentiate a seller's services or products?
- trademark
- brand name
- brand personality
- trade name
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Solution: MKT 421 - segmentation is done according to an objective