Marketing Creative Confidence exam questions and verified correct answers 2024 Chapter 2 - Marketing Research exam questions and complete correct answers 2024
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Marketing intelligence definition - correct answer a systematic and ethical program for gathering, analyzing and managing internal and external info that can affect your company's plans decisions and operations Marketing research - correct answer snap-shot of a particular time, mostly from consu...
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Add to cartMarketing intelligence definition - correct answer a systematic and ethical program for gathering, analyzing and managing internal and external info that can affect your company's plans decisions and operations Marketing research - correct answer snap-shot of a particular time, mostly from consu...
In regards to the butter-flavored micro-wave popcorn case presented in class, it is clear that when comparing the profit maximizing equilibrium wage and quantity of labor to the socially efficient equilibrium wage and quantity of labor, that the following is true: a) Wf < We and Lf > Le. ...
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Add to cartIn regards to the butter-flavored micro-wave popcorn case presented in class, it is clear that when comparing the profit maximizing equilibrium wage and quantity of labor to the socially efficient equilibrium wage and quantity of labor, that the following is true: a) Wf < We and Lf > Le. ...
true - correct answer t/f being an entrepreneur is hard (bunting) mark bunting - correct answer speaker who spoke about tastebud have an idea - solve a problem; get a co-founder; focus - build a MVP; validate your assumptions; test and iterate... then do it some more; scale - o-shit! - correct...
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Add to carttrue - correct answer t/f being an entrepreneur is hard (bunting) mark bunting - correct answer speaker who spoke about tastebud have an idea - solve a problem; get a co-founder; focus - build a MVP; validate your assumptions; test and iterate... then do it some more; scale - o-shit! - correct...
The chapter case on Saudi Arabia demonstrated what main idea about International Business? - correct answer Doing business in foreign countries often means having to adapt your business model and operations to accommodate the culture and customs of the host country, even if that culture seems comple...
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Add to cartThe chapter case on Saudi Arabia demonstrated what main idea about International Business? - correct answer Doing business in foreign countries often means having to adapt your business model and operations to accommodate the culture and customs of the host country, even if that culture seems comple...
B2B, B2C, C2C - correct answer business to business business to consumer consumer to consumer Market segments - correct answer a group of consumers who respond similarly to a firms marketing efforts. Marketing & society - correct answer The role of marketing in society is to: Provide Goods a...
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Add to cartB2B, B2C, C2C - correct answer business to business business to consumer consumer to consumer Market segments - correct answer a group of consumers who respond similarly to a firms marketing efforts. Marketing & society - correct answer The role of marketing in society is to: Provide Goods a...
Celine Mitchell recently achieved a dream of launching her homemade chicken recipe for dogs, Le Petite Chien Cuisine. The product sells for $2.99 per 16 ounce jar and can be purchased only on-line from Celine's website. Promotion has been mainly word-of-mouth but she has recently begun to place fli...
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Add to cartCeline Mitchell recently achieved a dream of launching her homemade chicken recipe for dogs, Le Petite Chien Cuisine. The product sells for $2.99 per 16 ounce jar and can be purchased only on-line from Celine's website. Promotion has been mainly word-of-mouth but she has recently begun to place fli...
intermediaries - correct answer individual or firm that links producers to other intermediaries or the ultimate buyer. lost leader - correct answer attracting customers by deliberately selling a product below customary price rebate - correct answer an amount paid by way of reduction, return, o...
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Add to cartintermediaries - correct answer individual or firm that links producers to other intermediaries or the ultimate buyer. lost leader - correct answer attracting customers by deliberately selling a product below customary price rebate - correct answer an amount paid by way of reduction, return, o...
Assume that sugar is initially traded freely in the US at the world price of $20 and at this world price the US imports 5,000 units of sugar. Then assume that the US enacts a quota of 2,000 units of imported sugar that raises the domestic price of sugar to $45. What is the most amount of revenue tha...
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Add to cartAssume that sugar is initially traded freely in the US at the world price of $20 and at this world price the US imports 5,000 units of sugar. Then assume that the US enacts a quota of 2,000 units of imported sugar that raises the domestic price of sugar to $45. What is the most amount of revenue tha...
Water well strategies refer to - correct answer Unique resources The macro view can be broken down into which three areas - correct answer financial/capital, strategic, and opportunity In the study of contemporary entrepreneurship, one concept reoccurs: - correct answer entrepreneurship is int...
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Add to cartWater well strategies refer to - correct answer Unique resources The macro view can be broken down into which three areas - correct answer financial/capital, strategic, and opportunity In the study of contemporary entrepreneurship, one concept reoccurs: - correct answer entrepreneurship is int...
All of the following were listed as commonalities of Big Emerging Market EXCEPT A. Having a modern seaport B. Needing huge infrastructure improvements C. Having a large territory D. Wanting to be a technological leader - correct answer A. Having a modern seaport (not practice quiz) Who ...
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Add to cartAll of the following were listed as commonalities of Big Emerging Market EXCEPT A. Having a modern seaport B. Needing huge infrastructure improvements C. Having a large territory D. Wanting to be a technological leader - correct answer A. Having a modern seaport (not practice quiz) Who ...
____ are more consumer-driven than traditional media. - correct answer digital media Which of the following characteristics distinguish online media from traditional marketing? - correct answer Addressability, interactivity, accessibility, connectivity, and control Julie likes to read the blog...
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Add to cart____ are more consumer-driven than traditional media. - correct answer digital media Which of the following characteristics distinguish online media from traditional marketing? - correct answer Addressability, interactivity, accessibility, connectivity, and control Julie likes to read the blog...
Entrepreneurial Process? - correct answer it is a step-by-step procedure in establishing any kind of business that an entrepreneur has to undergo. 1.)OPPORTUNITY SPOTTING AND ASSESSMENT 3.)DEVELOPING A BUSINESS PLAN 3.)DETERMINING THE CAPITAL NEEDED 4.)RUNNING THE BUSINESS - correct answer fou...
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Add to cartEntrepreneurial Process? - correct answer it is a step-by-step procedure in establishing any kind of business that an entrepreneur has to undergo. 1.)OPPORTUNITY SPOTTING AND ASSESSMENT 3.)DEVELOPING A BUSINESS PLAN 3.)DETERMINING THE CAPITAL NEEDED 4.)RUNNING THE BUSINESS - correct answer fou...
Olivia works at Ginger, a woman's clothing store. Olivia noticed that while the store was popular with women of all ages, it was selling few of its jeans to women over 45. While they bought tops, shorts, and dresses, rarely any sales from this group of women included jeans. In contrast, Ginger's j...
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Add to cartOlivia works at Ginger, a woman's clothing store. Olivia noticed that while the store was popular with women of all ages, it was selling few of its jeans to women over 45. While they bought tops, shorts, and dresses, rarely any sales from this group of women included jeans. In contrast, Ginger's j...
Business Functions where Spreadsheet Modeling Applies - correct answer Accounting Finance Management Marketing Operations Qualitative data - correct answer Deals with descriptions that are observed, not measured, such as colors, textures, smells, tastes, appearance, beauty, and so forth. i.e...
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Add to cartBusiness Functions where Spreadsheet Modeling Applies - correct answer Accounting Finance Management Marketing Operations Qualitative data - correct answer Deals with descriptions that are observed, not measured, such as colors, textures, smells, tastes, appearance, beauty, and so forth. i.e...
What is environmental scanning? - correct answer A review of external sources to discover factors that impact business. Don Jacobson runs a successful wholesale business that sells equipment to restaurants throughout the Southwest. He is considering purchasing his own fleet of trucks to deliver t...
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Add to cartWhat is environmental scanning? - correct answer A review of external sources to discover factors that impact business. Don Jacobson runs a successful wholesale business that sells equipment to restaurants throughout the Southwest. He is considering purchasing his own fleet of trucks to deliver t...
Smaller countries tend to be _____________ globalized than larger ones. - correct answer more Speaking of doing international business (versus domestic business) the complexity increases with all of the following EXCEPT A. Level of internal control desired B. Number of political parties in...
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Add to cartSmaller countries tend to be _____________ globalized than larger ones. - correct answer more Speaking of doing international business (versus domestic business) the complexity increases with all of the following EXCEPT A. Level of internal control desired B. Number of political parties in...
Human resource management - correct answer the process of determining human resource needs and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling employees to achieve organizational goals underemployed workers - correct answer those who have more skills o...
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Add to cartHuman resource management - correct answer the process of determining human resource needs and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling employees to achieve organizational goals underemployed workers - correct answer those who have more skills o...
Marketing Research - correct answer A prerequisite of successful decision making that consists of a set of techniques and principles for systematically collecting, recording, analyzing, and interpreting data that can aid decision makers who are involved in marketing goods, services, or ideas The ...
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Add to cartMarketing Research - correct answer A prerequisite of successful decision making that consists of a set of techniques and principles for systematically collecting, recording, analyzing, and interpreting data that can aid decision makers who are involved in marketing goods, services, or ideas The ...
Professional Researcher Certificaiton (PRC) - correct answer provides market advantage, confidence, and strength for practitioners; Charles Coolidge Parlin - correct answer the first continuous and organized research was started by him in 1911; recognized as "the father of marketing research" ...
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Add to cartProfessional Researcher Certificaiton (PRC) - correct answer provides market advantage, confidence, and strength for practitioners; Charles Coolidge Parlin - correct answer the first continuous and organized research was started by him in 1911; recognized as "the father of marketing research" ...
Operations Management (OM) - correct answer the management of processes used to design, supply, produce, and deliver valuable goods and services to customers Supply Chain (SC) - correct answer the global network of organizations and activities involved in designing, transforming, consuming, and d...
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Add to cartOperations Management (OM) - correct answer the management of processes used to design, supply, produce, and deliver valuable goods and services to customers Supply Chain (SC) - correct answer the global network of organizations and activities involved in designing, transforming, consuming, and d...
Unilever distributes its Lipton tea products in part through independent brokers, agents and distributors to chain, wholesale, co-operative and independent grocery accounts, and food service. This is an example of a firm's - correct answer place strategy Many large consulting firms are beginning...
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Add to cartUnilever distributes its Lipton tea products in part through independent brokers, agents and distributors to chain, wholesale, co-operative and independent grocery accounts, and food service. This is an example of a firm's - correct answer place strategy Many large consulting firms are beginning...
A situation analysis is - correct answer A way to gain insight on what/how a company is doing by assessing the internal (ie company products) and external (ie consumer/market trends) environments Kelley and Jugenheimer define consumer insight as: - correct answer Kelley and Jugenheimer list t...
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Add to cartA situation analysis is - correct answer A way to gain insight on what/how a company is doing by assessing the internal (ie company products) and external (ie consumer/market trends) environments Kelley and Jugenheimer define consumer insight as: - correct answer Kelley and Jugenheimer list t...
David and Tom Kelley - correct answer brother, co-authors, founded IDEO, David had throat cancer l - correct answer design thinking school founded by David for Stanford method for innovating routinely Hasso Plattner Institute of Design Creative Confidence - correct answer the belief that...
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Add to cartDavid and Tom Kelley - correct answer brother, co-authors, founded IDEO, David had throat cancer l - correct answer design thinking school founded by David for Stanford method for innovating routinely Hasso Plattner Institute of Design Creative Confidence - correct answer the belief that...
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