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Exam (elaborations)

GCU MKT 315 FINAL EXAM

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GCU MKT 315 FINAL EXAM

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  • September 29, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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GCU MKT 315 FINAL EXAM ACTUAL EXAM 250
QUESTIONS AND CORRECT DETAILED ANSWERS WITH
RATIONALES (VERIFIED ANSWERS) |AGRADE
A message is conveyed by means of an ___, such as a sales person or advertising
media - ANSWER: channel of communication

the process of having a sender transform an idea into a set of symbols in
communication is - ANSWER: encoding

the info sent by a source reciever in the communication process is called - ANSWER:
a message

profit equation - ANSWER: total revenue minus total cost

total money recieved from sale of a product is - ANSWER: total revenue

after a reciever responds to a message, the senders interpretation of it is called -
ANSWER: feedback

form of communication seeks to influence feelings/opinions is referred to as -
ANSWER: public relations

stage of personnel selling process to ensure customer satisfaction - ANSWER: follow
up

personal selling process encompasses ___ distinct selling stages - ANSWER: 6

any form of nonpersonnel communication of a product, service is referred to as -
ANSWER: advertising

pull strategy - ANSWER: consumers ask retailers for the product

salesperson who processes routine orders - ANSWER: order taker

2 types of personnel selling - ANSWER: order taking
order getting

combination compensation plan - ANSWER: paid salary plus commission on sales or
profits generated

social media site - ANSWER: social network

click-thru rate - ANSWER: how many people click on the website

electronic junk mail - ANSWER: spam

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