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Test 3
Professor Royer
56
Marketing
Undergraduate 4
11/16/2011

Additional Marketing Flashcards

 


 

Cards

Term
Four responsibilities of the Pyramid of Corporate Social Responsibility
Definition
Philanthropic, Ethical, Economic, Legal
Term
What demand is not significantly altered by a price increase or decrease?
Definition
Inelastic demand
Term
What store is a giant retail outlet that carries food and non-food products found in supermarkets, as well as most routinely purchased consumer products?
Definition
Superstores
Term
What type of shopping center contains the smallest product mixes and is predominantly for convenience?
Definition
Neighborhood
Term
Which of the following would NOT be categorized as a type of business purchase?
Definition
Barter Acquisition Purchase
Term
The physical elements in a store design that appeal to customers and encourage buying:
Definition
Atmospherics
Term
What is a straight rebuy purchase?
Definition
When a purchase is made routinely under similar terms of sale
Term
Which is not a method of business buying?
Definition
Interrogation
Term
Individuals and business organizations that purchase products to make profits by using them to produce other products or using them in operations:
Definition
Producer Markets
Term
Information search in which buyers search their memories for information about products that might solve their problems
Definition
Internal Search
Term
Which factor does not influence the ethical decision-making process in marketing?
Definition
Culture
Term
Agents do not take title of product, but are paid on commission and...
Definition
represent either buyer or seller usually on a permanent basis
Term
Addition of unrelated product lines to an already existing product mix
Definition
Scrambled Merchandising
Term
Partnership between two domestic firms entering an international market?
Definition
Joint Venture
Term
What do retailers do?
Definition
Add value, Provide Services, Assist in market product selections
Term
What DON'T retailers do?
Definition
Manufacture goods
Term
Intermediary that buys finished goods and resells them for profit
Definition
Reseller
Term
What is not characteristic of a transaction with a business customer?
Definition
Short-term contract agreements
Term
What IS characteristic of a transaction with a business customer?
Definition
larger order sizes, frequent replenishment, time sensitive selling
Term
When you buy the same product over and over this is called:
Definition
routinized response
Term
Agents represent buyers or sellers on a _____ basis
Definition
Permanent
Term
What is NOT a type of business market?
Definition
Individual Markets
Term
Transactions with business customers include:
Definition
large order sizes and time sensitive selling
Term
What is accumulation of value, knowledge, beliefs, customs, objects, and concepts of a society
Definition
Culture
Term
Ethical, Legal, Licensed, and Economic. Which is not a responsibility on the pyramid of corporate social responsibility?
Definition
Licensed
Term
What are the responsibilities in order from top to bottom?
Definition
Philanthropic -> Ethical -> Legal -> Economic
Term
Set of values, beliefs, goals, norms, and rituals that members of an organization share
Definition
Organization Culture
Term
Ethical issues are the identifiable _______ requiring a choice among several actions that must be evaluated as right or wrong, ethical or unethical.
Definition
Problems
Term
the identifiable problems requiring a choice among several actions that must be evaluated as right or wrong, ethical or unethical.
Definition
ethical issues
Term
Type of misconduct least likely to be reported
Definition
Discrimination
Term
Influences on the decision process:
Definition
Social, Psychological, Situational
Term
An organization that purchases products for the purpose of reselling them to ultimate consumers
Definition
Retailer
Term
The order of stages of the consumer buying decision process:
Definition
Problem recognition, Information search, Evaluation of alternatives, Purchase, Post-purchase evaluation
Term
Formalized standard of rules that a company's stakeholders must follow:
Definition
code of ethics
Term
T or F: In an organizational architecture pyramid, people are at the base.
Definition
False
Term
T or F: Companies no longer have to regard cultural differences.
Definition
False
Term
Strategic Philanthropy is the ___ use of organization core competencies and resources to address the ____ interests and achieve both organizational and social benefits.
Definition
synergistic, stakeholders'
Term
the synergistic use of organization core competencies and resources to address the stakeholders' interests and achieve both organizational and social benefits.
Definition
strategic philanthropy
Term
One of the most popular frameworks that links personality with consumers' Lifestyles?
Definition
VALS
Term
Practice of contracting with an organization to perform some or all business functions in a country other than the country in which the product or service will be sold is.
Definition
Offshore Outsourcing
Term
Family Influence, Reference Group, Digital Networks, Product Positioning. Which is not a social influence on buying behavior?
Definition
Product Positioning
Term
Three main types of shopping centers?
Definition
Neighborhood, Community, Regional
Term
Factors that influence retail site location:
Definition
Intended Target Market, Customer Access, Types of Products
Term
Several small convenience stores and specialty stores is a:
Definition
neighborhood shopping center
Term
Difference in value between a country's exports and its imports:
Definition
balance of trade
Term
Correct ascending order of Maslow's Hierarchy of Needs:
Definition
Physiological, Safety, Esteem, Self-Actualization
Term
First step in the consumer buying process:
Definition
Problem Recognition
Term
Physiological influences of the buying decision process:
Definition
Perception, Motives, Lifestyles, Attitudes
Term
Initial purchase of an item to be used to perform a new job or solve a new problem that may require development of product specifications:
Definition
New-task purchase
Term
NOT a step in the consumer buying decision process
Definition
Impulse buying
Term
Advertising, personal selling, public relations, and sales promotions are all parts of the:
Definition
Promotional mix
Term
Marketing goal for many firms that involves developing marketing strategies as thought the entire world were in a single entity:
Definition
Globalization
Term
Accumulation of values, attitudes, and behavior of group members:
Definition
Culture
Term
Adopting a strategic focus for fulfilling the economic, legal, ethical, and philanthropic social responsibilities expected of organizations by their stakeholders
Definition
Codes of conduct
Term
First step in the business buying decision process:
Definition
Recognize Problem
Term
Where are the two types of merchant wholesalers?
Definition
full-service and limited service
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