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The way a consumer perceives a store is probably the most important factor that influences his or her decision about where to buy.

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Business buyers are solely interested in the product's price.

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The effects of consumers' social and cultural values, the consumer movement, and the envi-ronmental concerns would best be called __________ forces.


A) technological
B) legal and regulatory
C) economic
D) sociocultural
E) competitive

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D

Different products may not result in different marketing mixes.

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Business-to-business markets, which include churches, schools, and civic clubs, are a type of industrial market.

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Income less taxes, savings, food, clothing, and housing is __________ income.


A) gross
B) personal
C) disposable
D) net
E) discretionary

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A marketing information system is well suited to testing new products, determining various characteristics of consumer markets, and evaluating promotional activities.

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False

Influences in a society and its culture that result in changes in attitudes, beliefs, norms, customers, and lifestyles are known as economic forces.

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When goods and services are purchased to maintain highways, education, water, and energy, the purchasers are members of what type of market?


A) Business-to-business
B) Producer
C) Governmental
D) Institutional
E) Consumer

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Marketing research is the process of gathering, recording, and analyzing data concerning a particular marketing problem.

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Sales forecasts usually are generated by complex software and should not be biased by managerial input.

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The business philosophy that involves the entire organization in the process of satisfying customers' needs while achieving the organization's goals is called the marketing concept.

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The marketing plan doesn't include the exact allocation of resources to achieve the marketing objectives.

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A marketing plan includes all of the following except


A) schedules of marketing tasks.
B) product production schedule.
C) assignment of responsibilities.
D) resource allocation.
E) marketing objectives.

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B

_________ markets consist of churches, not-for-profit private schools and hospitals, civic clubs, fraternities and sororities, and charitable organizations and foundations.


A) Reseller
B) Governmental
C) Consumer
D) Producer
E) Institutional

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An approach to collecting marketing information for specific marketing projects is called


A) contracted marketing specialists.
B) government information.
C) marketing research.
D) computer specialists.
E) marketing consultants.

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