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3.01
marketing
| Question | Answer |
|---|---|
| why does a company need to know what stage of the product life cycle its products are in ? | to adapt its marketing strategies |
| which activity is addressed in the product/service management function | eliminating products that are slow sellers |
| when a company uses its product wrapping to promote the preservation of an endangered animal species its is engaging in an ethical practice called | provocative branding |
| which of the following is a way that a business can extend the life cycle of established product | by finding new uses for the product |
| why is the quality level of a product an important product/service management decision | it reflects the image of the business |
| a business is behaving unethically if its products label contains | misleading information |
| brand or trade names are used primarily to identify a | product |
| in what stage of brand loyalty do people become aware of the brand | recognition |
| why do companies use brands for products | to differentiate their products |
| a business thats says it tries harder because its a products its not number one , is using product positioning to | compete |
| why would a business use a broad product mix | to promote one stop shopping |
| which market segment do customers in cold climates who need snow shovels and snow blowers represent | geographic |
| which is a basic for psychographic segmentation | lifestyle |
| which is included in the product decision of the marketing mix | level of quality |
| the marketing mix is also referred to as the | four Ps |
| a products marketing mix consists of | Product, price, promotion and place |
| using a single marketing plan to reach as many consumers as possible is | mass marketing |
| which element of the marketing mix includes advertising , personal selling , sales , promotion and publicity | promtion |
| which of the following is a technology tool that allows a business to observe a customers internet activities | cookie |