Filters
Question type

Study Flashcards

Which of the following is a reason behind companies' efforts to cut back on trade and other promotions?


A) To force brand-loyal customers to pay unusually high prices when a product is not on special
B) To reward retailers with a portion of the trade allowance money as profit
C) To improve efficiencies in manufacturing and distribution systems
D) To increase a manufacturer's inventories

Correct Answer

verifed

verified

In which of the following approaches of determining advertising expenditure does the availability of current revenues set the upper limit of the advertising budget?


A) The per-unit expenditure approach
B) The all-you-can-afford approach
C) The competitive parity approach
D) The research approach

Correct Answer

verifed

verified

For any advertised product, it can be assumed that a point is eventually reached at which additional advertising produces little or no additional sales. This is proof that advertising is:


A) subject to the law of diminishing returns.
B) governed by the law of accelerating change.
C) non-measurable in the context of sales numbers and figures.
D) subject to the law of increasing returns.

Correct Answer

verifed

verified

_____ is an ethical and legal concern associated with public relations.


A) Failing to disclose product limitations or safety concerns
B) Using unauthorized mailing lists to reach consumers
C) Reinforcing unfavorable ethnic or racial stereotypes
D) Paying lip service to worthwhile causes

Correct Answer

verifed

verified

With regard to determining how much to spend on advertising, which of the following observations is true of the percent-of-sales approach?


A) This approach views sales as a function of advertising, rather than advertising as a function of sales.
B) This approach attempts to determine the retail price by using production costs as a base.
C) The basic philosophy underlying this approach is that advertising is defensive.
D) This approach is popular in retailing.

Correct Answer

verifed

verified

_____ refers to the combination and types of nonpersonal and personal communication that an organization puts forth during a specified period.


A) The promotion mix
B) The product mix
C) Segment communication
D) Reintermediation

Correct Answer

verifed

verified

Price deals are a form of consumer promotion where:


A) customers are offered regular trial sizes of the product either free or at a nominal price.
B) customers are offered discounts from the product's regular price.
C) additional amounts of the product are given to buyers on each purchase.
D) customers are given reimbursements for purchasing the product through mails.

Correct Answer

verifed

verified

Owing to recent failed campaigns, an established advertising agency is at the risk of reaching bankruptcy. The agency's top-management does not want to release such bad news just as yet as it hopes to recover losses soon. It therefore plans to orchestrate news events to present a false appearance of widespread support for the company's position. This is an example of a legal concern directly related to _____.


A) advertising
B) public relations
C) sales promotion
D) personal selling

Correct Answer

verifed

verified

Sales personnel failing to disclose product limitations or safety concerns is an ethical and legal concern associated with _____.


A) advertising
B) public relations
C) personal selling
D) sales promotion

Correct Answer

verifed

verified

The generalist viewpoint about the contribution of advertising to the economic health of a firm is primarily concerned with:


A) measuring the effects of specific ads or campaigns.
B) emphasizing the strategic aspects of the advertising function.
C) measuring competitor strengths and weaknesses to devise strategic ideas.
D) sales, profits, return on investment, and so forth.

Correct Answer

verifed

verified

Monarch Inc. manufactures Kuddles fabric softener. The company uses the image of a stuffed bear named Kuddles in television and print ads to promote its product. The bear, which is used for the purpose of sales promotion, also appears on T-shirts and on Monarch's official Website, an online interface that connects the company to its customers. Recently, the Kuddle bear appeared as a spokesperson for a children's literacy campaign sponsored by Kuddles fabric softener. In this scenario, Monarch is combining all the aspects of marketing communication to present a consistent message through _____.


A) functional department planning
B) traditional marketing communication
C) holistic marketing
D) integrated marketing communication

Correct Answer

verifed

verified

Which of the following is an ethical and legal concern associated with personal selling?


A) Misrepresenting product health
B) Encouraging materialism and excessive consumption
C) Reinforcing unfavorable ethnic or racial stereotypes
D) Using unauthorized mailing lists to reach consumers

Correct Answer

verifed

verified

Since nonprofit organizations are by and large prohibited from resorting to advertising, which of following forms of publicity do they rely on such that media donates time for advertising for contributions and donors?


A) Public service announcements
B) Sponsorship
C) Press releases
D) News conference

Correct Answer

verifed

verified

Which of the following sales promotion activities is aimed at middlemen?


A) Bonuses
B) Coupons
C) Training materials
D) Price deals

Correct Answer

verifed

verified

When retailers feature brands in their advertisements to attract buyers, they are indirectly or directly supporting _____.


A) manufacturers
B) vendors
C) wholesalers
D) consumers

Correct Answer

verifed

verified

Which of the following is true of the cost per thousand (CPM) measure of efficiency in the advertising industry?


A) It refers to the dollar cost of reaching thousand prospects.
B) Its chief disadvantage relates to its complexity.
C) It does not allow for a common base of comparison between differing media types.
D) It strongly discounts the positive effects theory.

Correct Answer

verifed

verified

Which of the following is an ethical and legal concern associated with direct marketing communications?


A) Paying slotting allowances to gain retail shelf space
B) Using consumer database information without consumers' authorization
C) Reinforcing unfavorable ethnic or racial stereotypes
D) Using economic power to gain favorable publicity

Correct Answer

verifed

verified

In the context of determining how much to spend on advertising, which of the following statements is true about the per-unit expenditure approach?


A) This method is popular with higher-priced merchandise.
B) The basic philosophy underlying this approach is that advertising is defensive.
C) This approach is often used in conjunction with the research approach.
D) This approach views sales as a function of advertising, rather than advertising as a function of sales.

Correct Answer

verifed

verified

From a marketer's perspective, which of the following is a characteristic of direct marketing?


A) It decreases store traffic.
B) It is effective in generating sales leads.
C) It offers less privacy.
D) It is very time consuming.

Correct Answer

verifed

verified

As one of the marketing managers of a retail firm, Katie has to decide the size of the advertising budget for a hair care product, which was a star performer last year but has seen a considerable fall in its market shares recently. To address this problem, Katie decides to implement discounting strategies and focus on short-term profits. Which of the following is Katie's decision most likely to entail?


A) Cutting advertisement budgets to fund price promotions
B) Minimizing quarterly earnings
C) Viewing advertising as a nondiscretionary cost
D) Abstaining from raiding advertisement budgets to increase earnings

Correct Answer

verifed

verified

Showing 21 - 40 of 89

Related Exams

Show Answer