Mktg 3340 final exam - Study guides, Class notes & Summaries

MKTG 3340 Final Exam Q&A 100% CORRECT

Possession Utility - e.g.) allowing several payment and credit options Depth of Product Line - the store carries a large assortment of each item e.g.) a shoe store that offers running shoes, dress shoes, and children's shoes Limited Service - the store provides some services, such as credit and merchandise return, but not others such as clothing alteration e.g.) General merchandise stores such as Walmart make the customers responsible for shopping, but have salespeople available ...

what is the role of marketing generate profitable revenue what are the five steps in the marketing process model 1. Understand the marketplace and customer needs and wants 2. Design a customer value driven marketing strategy 3. Construct an integrated marketing program 4. Engage customers, build profitable relationships, and create customer value 5. Capture value from customers and make money What is marketing management art and science of choosing target markets and building pr...

possession utility correct answersgetting a product or service to consumers so they can own or use it depth of product line correct answers-stores that carry a considerable assortment of a related line of items are limited-line stores -ex: Sports Authority carries a considerable amount of sports equipment from weight-lifting accessories to running shoes limited service correct answers-provide some services such as credit and merchandise return, but not others, such as clothing alteration...

possession utility - A nswer-getting a product or service to consumers so they can own or use it depth of product line - A nswer--stores that carry a considerable assortment of a related line of items are limited-line stores -ex: Sports Authority carries a considerable amount of sports equipment from weight-lifting accessories to running shoes limited service - A nswer--provide some services such as credit and merchandise return, but not others, such as clothing alterations -ex: general m...

MKTG 3340 Final Exam Smu With 100% Correct Answers 2023

MKTG 3340 Final Exam

MKTG 3340 Final Exam Questions With Complete Solutions 1. Role of Marketing-- correct answer --Generate profitable revenue 2. When a marketer can describe something it is called a-- correct answer --product concept 3. After buying an item we experience what?-- correct answer --cognitive dissonance 4. Ways to engage consumers, directly or indirectly-- correct answer ---Directly-- correct answer --physically, email newsletters, one to one basis, calling, sending direct ads/texting, create re...

MKTG 3340 Final Exam Possession Utility - correct answer e.g.) allowing several payment and credit options Depth of Product Line - correct answer the store carries a large assortment of each item e.g.) a shoe store that offers running shoes, dress shoes, and children's shoes Limited Service - correct answer the store provides some services, such as credit and merchandise return, but not others such as clothing alteration e.g.) General merchandise stores such as Walmart make the cus...

possession utility - getting a product or service to consumers so they can own or use it depth of product line - -stores that carry a considerable assortment of a related line of items are limited-line stores -ex: Sports Authority carries a considerable amount of sports equipment from weight-lifting accessories to running shoes limited service - -provide some services such as credit and merchandise return, but not others, such as clothing alterations -ex: general merchandise st...