S COTT L . A LTHAUS Cline Center for Democracy University of Illinois at Urbana‐Champaign 2001 South First St.‚ Suite 207 Champaign‚ IL 61820‐7461 Office: 217.265.7879 Fax: 217.265.7880 E‐mail: salthaus@illinois.edu Web: www.illinois.edu/~salthaus CURRENT POSITIONS Charles J. and Ethel S. Merriam Professor in Political Science‚ and Professor of Communication‚ University of Illinois at Urbana‐Champaign (2014‐present). Director of the Cline Center for Democracy
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1) According to the text‚ marketing means: A. Selling. B. Much more than selling and advertising. C. Producing and selling. D. Advertising. 2) For Tesla‚ a new firm that makes an electric sports car‚ estimating how many competitors will make electric vehicles and what kinds they will make‚ is: A. A production activity. B. One of the universal functions of innovation. C. An example of the micro-macro dilemma. D. A part of marketing. 3) Which of the following statements
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MKT 571 FINAL EXAMS http://www.finalexamguideline.com/MKT-571-FINAL-EXAM-4-57.htm 1) When Molly ’s parents retired‚ they decided they wanted to travel. They found an ideal job that allows them to travel for free‚ but the only catch is they have to stay at Holiday Inns. During each stay‚ they test all the amenities offered by the motel and evaluate each. The evaluation forms are sent to the motel headquarters where it becomes part of the motel ’s __________ systems. 2) Which of the following
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MKT 571 FINAL EXAMS 2 http://www.finalexamguideline.com/MKT-571-FINAL-EXAM-2-55.htm 1) Which of the following is an example of primary data that would be used by Topps card company to determine popularity of its new hologram baseball card series? A. Data from sales records kept by exclusive dealers of Topp’s hologram series B. Sales records for baseball cards gathered by the industry’s trade council. C. Input from focus groups that was put together specifically to discuss their perception
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Final Exam Study Guide Final Exam: 25 multiple choice/true false questions (50%) 2 required exam questions (will have to answer these) (30%; 15%/piece) 2 of 4 exam questions (will be able to pick 2 of the 4 questions presented here) (20%; 10%/piece) Example Exam question (an exam question will be similar to this in amount of knowledge and detail required to answer) “Define supply chain lead-time and the role that supply chain synchronization plays in helping cope with lead-time issues.”
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DOWNLOAD http://www.supportonlineexam.com MKT 571 FINAL EXAM 1. About a year ago‚ Echo began renting her movies from Netflix. She perceived Netflix to be a better source because of the enhanced selection‚ the responsivecustomer service emails she has received in answer to her online queries‚ better pricing‚ and less effort compared to renting from the store in her town. Netflix has offered Echo better ___________than the local competition. A. Total customer cost B. Customer perceived value C
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DOWNLOAD http://www.supportonlineexam.com/ MKT 571 Final Examination 1. When customers buy on the basis of a reference price or because the price conveys a particular quality image to them‚ they are being influenced by __________. a. value pricing b. the psychology of pricing c. the going-rates of competitors d. value augmented by perception e. an aggregated marketing plan for pricing 2. A common mistake in pricing is __________. a. setting prices according to demand b. revising prices too often
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DOWNLOAD http://www.supportonlineexam.com 1) Which of the following is NOT a step that might be used to improve the quality of a firm’s marketing intelligence? A. Watching how the stock market reacts to interest rate changes B. Motivating distributors to pass along important intelligence from the marketplace. C. Collecting competitive intelligence by buying a competitor’s products D. Setting up a consumer panel 2) When Molly’s parents retired‚ they decided they wanted to travel. They found an
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DOWNLOAD 1) Small companies can engage is marketing research in a number of creative and inexpensive ways‚ including _______________. A. Using its own internal marketing research department B. Buying information from database companies like A.C. Nielsen C. Setting up their own web site D. Using an online information service such as the internet 2) A marketing information system (MIS) consists of ___________. A. An organized collection of comprehensive data about individual customers
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MKT/571 Final Exam 1) Which of the following is most closely associated with a proactive marketing orientation? A. It involves delivering superior value. B. It is about understanding and meeting customers’ expressed needs. C. It represents the “make and sell" philosophy. D. The marketer focuses on the customers’ latent or hidden needs. 2) Marketing __________ is the art and science of choosing target markets and getting‚ keeping‚ and growing customers through creating‚ delivering‚ and
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