Mkt 315 final questions Study guides, Class notes & Summaries

MKT 315 FINAL EXAMS 2023/2024.ACTUAL EXAM WITH VERIFIED QUESTIONS AND 100% CORRECT ANSWERS. A+GRADE 1. Which of the following statements best describes the typical target market? a. A target market will remain stable over time, including the same group of consumers. b. Target markets change over time as consumers drop in or out of the market, and as tastes change. c. Target markets are not strongly affected by changes in the external environment. d. Target markets only change when the fea...

MKT-315 Final Questions With Complete Solution Break-even Analysis - CORRECT ANSWER The point where average revenue is equal to average total costs. Calculated to see how much revenue is needed to cover costs, taking into consideration fixed and variable costs, selling prices, volume, and product mix. Demand Curve - CORRECT ANSWER Used to determine the effects on demand at different prices. Elasticity of Demand - CORRECT ANSWER A measure of price se...

GCU MKT-315 Final Exam Questions With Complete Solutions When a company includes free shipping for $25 minimum purchases, this deal is an example of what? - CORRECT ANSWERS Sales promotion During what step of the selling process does a sales person present the value of the company's product or service and offers solutions to customer problems? - CORRECT ANSWERS The presentation step Integrated programs should begin with what? - CORRECT ANSWE...

GCU MKT-315 Final Exam 2023 Questions With Complete Solutions Graded (A+)

MKT-315 Final Test 2023 Questions With Correct Answers Because of _____, businesses are forced to be competitive. - CORRECT ANSWER Both the Internet and E-commerce Milton Friedman's famous maxim, paraphrased, is: The social responsibility of business is to: - CORRECT ANSWER Make a profit The ROI equation does not: - CORRECT ANSWER Include customer service values Self-actualization is NOT: - CORRECT ANSWER Buying a Mercedes _____ represents where the...

GCU MKT 315 Final Exam Questions With Answers (2023)

MKT 315 Final Exam Questions And Answers All Correct Unplanned sudden sound distracting an ad reader preventing him from recalling the message - CORRECT ANSWER Noise The number of times an average person in the target market is exposed to a message - CORRECT ANSWER Frequency What advantage does adding new channels to a multichannel distribution system provide? - CORRECT ANSWER Expands market and sales coverage What incorporates the use of web pages, spons...

MKT 315 Final Exam Questions with 100% Correct Answers | Verified | Updated 2024 Because of _____, businesses are forced to be competitive. - answerBoth the Internet and E- commerce Milton Friedman's famous maxim, paraphrased, is: The social responsibility of business is to: - answerMake a profit The ROI equation does not: - answerInclude customer service values Self-actualization is NOT: - answerBuying a Mercedes _____ represents where the total revenue and total cost are equal. - answ...

MKT 315 Final Exam Questions with 100% Correct Answers | Verified | Updated 2024 If a sudden ringing sound distracts an advertisement reader, and it prevents him from recalling the message, this unplanned event is called ________. - answerNoise Because of ----, businesses are forced to be competitive: - answerBoth internet and E- commerce Tasty Pizza implements _______in order to optimize local search engine queries. - answerLocal SEO Milton Friedman's famous maxim, paraphrased: The soc...