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WGU D077 LEARNING OBJECTIVES EXAM LATEST VERSION 1, 2 AND STUDY GUIDE ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED SOLUTIONS JUST RELEASED $20.99   Add to cart

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WGU D077 LEARNING OBJECTIVES EXAM LATEST VERSION 1, 2 AND STUDY GUIDE ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED SOLUTIONS JUST RELEASED

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WGU D077 LEARNING OBJECTIVES EXAM LATEST VERSION 1, 2 AND STUDY GUIDE ACTUAL EXAM COMPLETE 400 QUESTIONS AND CORRECT DETAILED SOLUTIONS JUST RELEASED

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  • September 2, 2024
  • 168
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WGU D077
  • WGU D077
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eddietaylor
Page 1 of 168


WGU D077 LEARNING OBJECTIVES EXAM LATEST VERSION 1, 2
AND STUDY GUIDE ACTUAL EXAM COMPLETE 400 QUESTIONS
AND CORRECT DETAILED SOLUTIONS JUST RELEASED

WGU D077 LEARNING OBJECTIVES EXAM A
QUESTION: Which set of connections is created by marketers to generate value?


Between companies and suppliers
Between companies and media
Between customers and suppliers
Between customers and products - ANSWER-Between customers and products


QUESTION: What is the relationship between sales and marketing in a firm's business strategy?


Sales includes the exchange of money of a company's product or service, while marketing is the
process of communicating the value of a product or service.


Sales includes the process of communicating the value of a product or service, while marketing
involves calculating how much profit has been earned for a company within a fiscal year.


Sales includes calculating how much profit has been earned for a company within a fiscal year,
while marketing is the process of communicating the value of a product or service.


Sales includes the process of communicating the value of a product or service, while marketing
focuses on the actual exchange of money for a product or service. - ANSWER-Sales includes the
exchange of money of a company's product or service, while marketing is the process of
communicating the value of a product or service.


QUESTION: What is an example of a marketing activity?

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A sales associate liquidating inventory


An engineer conducting quality control review


An executive reporting on stock performance


A manager conducting research on potential customers - ANSWER-A manager conducting
research on potential customers


QUESTION: Which element of the marketing mix is associated with social media advertising?


Place
Product
Promotion
Price - ANSWER-Promotion


What is the main function of marketing?


Bringing value to customers
Improving partner relationships
Decreasing expenditures
Increasing productivity - ANSWER-Bringing value to customers


QUESTION: In the marketing mix, what is the meaning of the term "product"?


Marketing materials of the company


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Goods or services that meet customers' needs


Materials used in manufacturing


Shorthand for production line - ANSWER-Goods or services that meet customers' needs


QUESTION: Which term is used when the price of a new product is lower than the competition
with the goal of gaining market share?


Price skimming
Competitive
Price penetration
Prestige - ANSWER-Price penetration


QUESTION: In the marketing mix, what is meant by the term promotion?


Getting the product from the producer to the customer


Communications between the company and the customer


Cost of a product, or what a company asks in exchange for a product


Goods, services, or ideas that a company offers to the market - ANSWER-Communications
between the company and the customer


QUESTION: What is meant by the term "place" in the marketing mix?



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Where product ads are posted
Where products are purchased
Where products are manufactured
Where products are shipped from - ANSWER-Where products are purchased


QUESTION: Which three components are part of the marketing mix?


Professionalism
Promotion
Power
People
Place
Product - ANSWER-Promotion, Place, Product


QUESTION: A small tobacco shop that just opened wants to run advertising on a local radio
station. When they approach the radio station's sales department, they find that the station will
not run their ad.
What type of uncontrollable element prevents the running of this advertisement?


Environmental
Legal
Cultural
Social - ANSWER-Legal


QUESTION: A manufacturer of children's toys discovers that a number of products that it makes
and sells have been duplicated and are selling alongside their products on various e-commerce
sites. The duplicate products appear to be made overseas and are selling for 30% lower. The


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