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1) ________ are a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible. |
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2) Which of the following is a pure tangible good? |
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3) Which of the following would be considered part of the augmented product rather than the actual product or core customer value? |
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4) Silk-skin Cosmetics is advertising its newest line of eye makeup. Made from all-natural ingredients, the products are hypoallergenic. Silk-skin is selling the products in specially designed tubes that make it easier to apply to the skin. Which of the following is the core product value for Silk-skin's line of eye makeup? |
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E) the possibility of having beautiful eyes |
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5) Silk-skin Cosmetics is advertising its newest line of eye makeup. Made from all-natural ingredients, the products are hypoallergenic. Silk-skin is selling the products in specially designed tubes that make it easier to apply to the skin. Which of the following would be considered the augmented product for Silk-skin's line of eye makeup? |
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B) after-sales beauty advice offered by Silk-skin |
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6) Which of the following types of products is likely to the priced the lowest? |
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7) ________ products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. |
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8) A laundry detergent is most likely to be an example of a(n) ________ product. |
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9) Which of the following statements is most likely to be true of convenience product? |
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E) It is bought by consumers with minimal comparison and buying effort. |
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10) Which of the following is most likely to be an example of a convenience product? |
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11) ________ products are less frequently purchased consumer products and services that customers compare carefully on suitability, quality, price, and style. |
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12) A refrigerator is most likely to be an example of a(n) ________ product. |
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13) Which of the following statements is most likely to be true regarding a shopping product? |
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C) As compared to convenience products, shopping products are purchased less frequently. |
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14) Which of the following is most likely to be an example of a shopping product? |
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15) ________ products are distributed exclusively in only one or a few outlets per market area and they have unique characteristics or brand identification. |
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16) Which of the following statements is true of specialty products? |
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D) Buyers normally do not compare specialty products. |
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17) ________ products are consumer products that the consumer either does not know about or knows about but does not normally consider buying. |
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18) Which of the following is an example of an unsought product? |
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19) Which of the following statements is true of unsought products? |
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B) A life insurance policy is an example of an unsought product. |
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20) ________ products are those products that are purchased for further processing or for use in conducting a business. |
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21) Which of the following is an industrial product that falls under the category of materials and parts? |
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22) Which of the following is an industrial product in the category of capital items? |
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23) Which of the following is an industrial product in the category of supplies and services? |
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24) Iron ore is an example of an industrial product that is most likely to come in the category of ___. |
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25) The paint used to paint an office is an example of an industrial product that is most likely to fall in the category of ________. |
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26) Which of the following is true of convenience products? |
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A) Convenience products are distributed extensively, in as many locations as possible. |
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27) IBM's Smarter Planet campaign markets IBM as a company that provides innovative solutions that improve the world's IQ. This is an example of ________ marketing. |
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28) The use of commercial marketing concepts and tools in programs designed to influence individuals' behavior to improve their well-being and that of their community is called ________ marketing. |
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29) A(n) ________ is defined as a name, term, sign, symbol, or design, or a combination of these, that identifies the maker or seller of a product or service. |
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30) Which of the following terms best describes the process of designing and producing the container or wrapper for a product? |
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31) Which of the following terms best describes a group of products that are closely related because they function in a similar manner, are sold to the same customer groups, are marketed through the same types of outlets, or fall within given price ranges? |
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32) A product line is considered to be too short if the manager can ________. |
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increase profits by adding items |
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33) A product line is considered to be too long if the manager can ________. |
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C) increase profits by dropping items |
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34) Product line ________ involves adding more items within the present range of the line. |
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35) A company lengthening its product line by adding low-end products is an example of product line ________. |
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36) A product mix is also known as a product ________. |
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37) Product mix length refers to ________. |
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D) the total number of items a company carries within its product lines |
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38) Product mix width refers to ________. |
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C) the number of different product lines the company carries |
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39) Product mix depth refers to ________. |
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A) the number of versions offered for each product in the line |
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40) The consistency of the product mix refers to ________. |
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B) how closely related the various product lines are in end use, production requirements, distribution channels, or some other way |
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41) Service intangibility means that ________. |
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D) services cannot be seen, tasted, felt, heard, or smelled before they are bought |
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42) Service inseparability means that ________. |
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E) services cannot be separated from their providers, whether the providers are people or machines |
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43) Service variability means that ________. |
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B) the quality of services depends on who provides them as well as when, where, and how they are provided |
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44) Service perishability means that ________. |
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C) services cannot be stored for later sale or use |
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45) The service profit chain consists of five links. Which of the following is one of these five links? |
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E) satisfied and loyal customers |
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46) Orienting and motivating customer-contact employees and service-support people to work as a team to provide customer satisfaction is known as ________ marketing. |
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47) Training service employees in the fine art of communicating with customers to satisfy their needs is known as ________ marketing. |
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48) Brand ________ is the differential effect that knowing the brand name has on customer response to the product and its marketing. |
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49) Which of the following brands is positioned based on product attributes? |
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B) Berglee's Breakfast Cereals: Blending nutrition and great taste |
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50) Electronics company Sony sells its products under its own brand name. Thus, Sony is a ________ brand. |
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51) Which of the following is a desirable quality for a brand name? |
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D) The name should translate easily into foreign languages. |
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52) Store brands are also known as ________ brands. |
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53) Which of the following is an example of licensing? |
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B) Fruit juice company BerryBerry uses a cartoon character to market its line of children's products, paying the creator of the character a fee. |
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54) ________ occurs when two established brand names of different companies are used on the same product. |
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55) BerryBerry is a fruit juice company that has traditionally sold five varieties of mixed-fruit juices: DazzleBerry, AquaBerry, MangoBerry, FuschiaBerry, and GloBerry. The company wants to add more products to its lineup. Which of the following is an example of co-branding? |
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C) The company introduces a line of flavored milk and yoghurt under the Goodness brand. |
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56) ________ occurs when a company uses its existing brand name for new forms, colors, sizes, ingredients, or flavors of an existing product category. |
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57) BerryBerry is a fruit juice company that has traditionally sold five varieties of mixed-fruit juices: DazzleBerry, AquaBerry, MangoBerry, FuschiaBerry, and GloBerry. The company wants to add more products to its lineup. Which of the following would be a line extension for BerryBerry? |
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B) BerryBerry adds a new fruit juice flavor: TangyBerry. |
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58) ________ involves using an existing brand name for a new product category. |
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