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Advertising Test/Exam 5 General Test Questions & Answers Advertising: Chapter 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 | Final Exam 01 02 | Advertising Plan | Advertising Terms At the center of all analyses of the marketing environment is the and his or her specific behavior and attitudes. Join Now For Answers & Help!!! The decision-making process organizations use in establishing a need for products and choosing among different providers of them is called Join Now For Answers & Help!!! Online trading communities that bring together buyers and supplier organizations are known as Join Now For Answers & Help!!! products are simply sold to the buyer with the highest bid. Join Now For Answers & Help!!! The most important immediate environmental factors that impact consumers are the ______. Join Now For Answers & Help!!! To determine if an opportunity is attractive or unattractive for a firm, marketers can use an analysis of the external and internal environments such as ______. Join Now For Answers & Help!!! What must marketers understand about their competition? (Choose every correct answer.) Join Now For Answers & Help!!! If a car company collaborated with a sheet metal supplier, the car company would be the supplier's ______. Join Now For Answers & Help!!! When launching a new clothing line, a company must focus primarily on the needs and wants of ______. Join Now For Answers & Help!!! There is increasing concern that ______ will be depleted through actions such as deforestation. Join Now For Answers & Help!!! Which of the following are factors that affect consumers' immediate environment? (Check all that apply.) Join Now For Answers & Help!!! Which of these is NOT a macroenvironmental factor that directly influences a firm? Join Now For Answers & Help!!! A company must be able to evaluate an attractive opportunity in relation to its ______ competencies. Join Now For Answers & Help!!! is defined as the shared meanings, beliefs, morals, values, and customs of a group of people. Join Now For Answers & Help!!! When developing marketing plans, what should a firm consider about their competition? Join Now For Answers & Help!!! What are some components of a country's culture? (Choose every correct answer.) Join Now For Answers & Help!!! A smartphone manufacturer may collaborate with a company that makes lithium-ion batteries to ensure that their phones have the longest possible battery life. The battery maker is considered the smartphone company's ______ partner. Join Now For Answers & Help!!! Characteristics of human populations such as gender and race. Join Now For Answers & Help!!! Which of the following are considered aspects of the physical environment? (Choose every correct answer.) Join Now For Answers & Help!!! Consumers in a cohort are a group of people in the same generation who tend to have similar buying behaviors. Join Now For Answers & Help!!! Which word best describes the social, political, economic, and technological factors with which marketers interact? Join Now For Answers & Help!!! What are Digital Natives also called? Join Now For Answers & Help!!! Which of the following are components of culture? (Choose every correct answer.) Join Now For Answers & Help!!! A company may choose to launch the same advertising campaign globally. This particular campaign may be launched with identical pictures and messages but in different languages. Advertisers might try to bridge the cultural gap by appealing to ______ across countries. Join Now For Answers & Help!!! When were Millennials born? Join Now For Answers & Help!!! Data that indicates the characteristics of human populations and segments is known as ______. Join Now For Answers & Help!!! Which generation consists mostly of the children of Baby Boomers? Join Now For Answers & Help!!! What is the name for a group of individuals who are of the same generation? Join Now For Answers & Help!!! What are some characteristics of Generation X? (Choose every correct answer.) Join Now For Answers & Help!!! Members of Generation have never known a time without the Internet and electronic gadgets. Join Now For Answers & Help!!! Which generational cohort was born between 1946 and 1964? Join Now For Answers & Help!!! What are possible reasons for the increase in wealthy families? (Choose every correct answer.) Increase in dual-income households Join Now For Answers & Help!!! Which is the largest generational cohort since the Baby Boomers? Join Now For Answers & Help!!! Which cohort came of age during the Great Recession? Join Now For Answers & Help!!! Which of the following is the generational cohort that consists of people born between 1965 and 1980? Join Now For Answers & Help!!! Which of the following are true of Baby Boomers? (Check all that apply.) Join Now For Answers & Help!!! Which of the following can help predict consumer buying patterns? (Check all that apply.) Join Now For Answers & Help!!! Which income groups' purchasing power is growing relative to other income groups? Join Now For Answers & Help!!! Which of the following are reasons marketers are increasingly embracing gender neutrality? (Check all that apply.) Join Now For Answers & Help!!! The International Fairtrade Certification Mark is granted to products that do which of the following? (Choose every correct answer.) Join Now For Answers & Help!!! Organizational buying behavior revolves around a ________ that has similarities to consumer buying behaviors. Join Now For Answers & Help!!! More than two-thirds of the global dollar value of online purchase transactions arise from Join Now For Answers & Help!!! The number of people involved in the buying center, the amount of decision time, and the number of suppliers considered are some of the factors that determine the Join Now For Answers & Help!!! What is the average yearly income for young adults with a bachelor's degree in the United States? Join Now For Answers & Help!!! A food refers to an area or neighborhood where there is limited or no access to healthy, affordable fresh food options. Join Now For Answers & Help!!! From a marketing perspective, focusing on mobile devices accomplishes what? Join Now For Answers & Help!!! Customers generally prefer talking to a salesperson when they need information over searching on the Internet. Join Now For Answers & Help!!! Which factor should marketers keep in mind about gender when promoting goods and services? Join Now For Answers & Help!!! are increasingly performing work, like filling orders, that humans used to do. Join Now For Answers & Help!!! Consumers who hesitate to purchase goods because they worry about the potentially low wages paid to workers in the fast fashion industry are expressing ______ concerns. Join Now For Answers & Help!!! What are current trends in food marketing and distribution? (Choose every correct answer.) Join Now For Answers & Help!!! Marketers use mobile devices and apps to improve the consumer experience by offering convenience and information. Join Now For Answers & Help!!! Which items could be included in the Internet of Things? (Choose every correct answer.) Join Now For Answers & Help!!! What tasks are firms increasingly using artificial intelligence (AI) to complete? (Choose every correct answer.) Join Now For Answers & Help!!! An example of inflation would be when increasing prices cause the purchasing power of the dollar to ______. Join Now For Answers & Help!!! Which of the following services do the robots entering the marketplace provide? (Check all that apply.) Join Now For Answers & Help!!! When several people in an organization participate in purchase decisions, often for more important or expensive contracts, it is called Join Now For Answers & Help!!! Straight rebuys, modified rebuys, and new buys are the three types of Join Now For Answers & Help!!! Large chain resellers may have a highly formalized ________ called a buying committee to make purchasing decisions, while most industrial firms and government units use informal groups. Join Now For Answers & Help!!! what buy classes involves the greatest potential risk to the buyer? Join Now For Answers & Help!!! Changes in the value of the euro in relation to the dollar over time is an example of which of the following? Join Now For Answers & Help!!! The Internet of occurs when there are numerous "smart devices" that work together to help both consumers and companies Join Now For Answers & Help!!! Which type of business would be the most likely to see food sales suffer as a result of inflation and rising costs and consumers' desire to save money? Join Now For Answers & Help!!! Refers to an increase in the prices of goods and services and a decline in purchasing power. Join Now For Answers & Help!!! The political/legal environment consists of which of the following? (Choose every correct answer.) Join Now For Answers & Help!!! Gretchen lives in the United States and is going on vacation to Australia. She wants to go when it makes the most economic sense for Join Now For Answers & Help!!! Which goods and services are most likely to suffer a downturn when interest rates rise? Join Now For Answers & Help!!! In the United States, data about all economic activity is categorized into a hierarchical set of six-digit NAICS codes. What does NAICS stand for? Join Now For Answers & Help!!! The typical purchase involved in an organizational buying exchange is ________ that in consumer buying. Join Now For Answers & Help!!! The decision-making process organizations use in establishing a need for products and choosing among different providers of them is called Join Now For Answers & Help!!! means that the demand for industrial products and services is driven by demand for consumer products and services. Join Now For Answers & Help!!! Price, technical capability, and warranties are typical ________ used by industrial buyers to evaluate other firms. Join Now For Answers & Help!!! When an organization buys raw materials that are reprocessed and sold as finished goods, or if it buys goods it will then sell Join Now For Answers & Help!!! Which of the following is typical of organizational buying compared to consumer buying? Join Now For Answers & Help!!! Industrial, reseller, and government markets are the three categories of ________ buyers. Join Now For Answers & Help!!! main reason that business organizations buy products? Join Now For Answers & Help!!! Derived demand refers to the concept that demand for industrial products is driven by Join Now For Answers & Help!!! typical of organizational buying compared to consumer buying? Join Now For Answers & Help!!! In organizational buying, objective attributes of a supplier's products and the capabilities of the supplier itself are known as... Join Now For Answers & Help!!! Firms selling to organizational buyers have ________ potential customers compared to firms selling to consumers. Join Now For Answers & Help!!! The industrial buying practice in which two organizations agree to purchase each other's products is known as Join Now For Answers & Help!!! Reciprocity is an industrial buying practice in which Join Now For Answers & Help!!! Advertising: Chapter 01 02 03 04 05 06 07 08
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16 | Final Exam 01 02 | Advertising Plan | Advertising Terms
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