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Undertanding Market Processes and Consumer Behaviour

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Question
Answer
What are the four principles of marketing?   show
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Which of the following are variables considered when segmenting a market?   show
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________ choices determine basic design of the product offered to consumers.   show
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The buying process begins when the customer:   show
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show Primary.  
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When is market research used most frequently?   show
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The information that Statistics Canada provides on the Canadian economy is an example of:   show
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The Delivery Company has an extensive distribution network in Canada. They buy products directly from manufacturers and distribute them to small retailers at a nominal mark-up. What market do they belong to?   show
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show an evaluation of the attributes of the product, for example, cost, quality, usefulness.  
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To help you decide which new suit to purchase for your job interview, you ask a trusted friend to give you her opinion on each of the suits you're looking at. You are in the ________ stage.   show
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What is the purpose of a marketing plan?   show
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show Otherwise known as the four P's. Product, price, promotion and place (distribution).  
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show Dividing the market into segments... Such as age, consumer attitude, product use, location.  
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show The study of what buyers need and how best to meet those needs. This can greatly improve accuracy and market segmentation.  
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show Information developed through NEW research.  
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show Information already available to maker researchers as a result of previous research.  
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show - Need recognition - Information seeking - Evaluation of alternatives - Purchase decision - Post purchase evaluation  
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What is the industrial market?   show
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show Markets like department stores etc that use finished products and sell them.  
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show Non govn't orgs such as hospitals and churches.  
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What is an international marketing mix?   show
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show Using the marketing mix towards small business... Products (new, keep it simple), pricing (guesswork for small biz), promotion (less expensive promotion methods) and distribution (facility location is key).  
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show The ability to satisfy a human want or need.  
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What is the external environment?   show
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What are the different environments for marketing?   show
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