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Magazines located next to the checkout counter at a grocery store would probably be classified as:


A) shopping products.
B) convenience products.
C) processed materials.
D) specialty products.
E) accessory equipment.

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The exclusive use of advertising indicates a _____.


A) test-marketing strategy
B) push strategy
C) pull strategy
D) positioning strategy
E) pricing strategy

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_____ is a variation of traditional advertising in which marketers attempt to create a trend or acceptance of a product.


A) Publicity
B) Buzz marketing
C) Personal selling
D) Sales promotion
E) Packaging

Correct Answer

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_____ are specifically noted for their flexibility in terms of reachability and packaging requirements for transporting products.


A) Pipelines
B) Airplanes
C) Trucks
D) Railroads
E) Ships

Correct Answer

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Farmers who sell their fruit and vegetables to consumers at roadside stands or farmer's markets use a _____ consumer marketing channel.


A) Channel A
B) Channel B
C) Channel C
D) Channel D
E) Channel E

Correct Answer

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Gucci bags often run into thousands of dollars.What kind of a pricing strategy is used by the company?


A) Penetration pricing
B) Reference pricing
C) Price skimming
D) Price discounting
E) Price dipping

Correct Answer

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High-quality items such as musical instruments,sailboats,and airplanes will most likely use _____.


A) selective distribution
B) intensive distribution
C) relaxed distribution
D) exclusive distribution
E) sporadic distribution

Correct Answer

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Varnish is an example of:


A) major equipment.
B) office supplies.
C) accessory equipment.
D) processed material.
E) raw material.

Correct Answer

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Inventory control,transportation,and warehousing are all examples of activities of:


A) commercialization.
B) operationalization.
C) physical distribution.
D) Channel D marketing.
E) departmentalization.

Correct Answer

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_____ encourages consumers to make purchases based on emotion rather than rational considerations about the price.


A) Price skimming
B) Discount Pricing
C) Penetration pricing
D) Seasonal discount pricing
E) Psychological pricing

Correct Answer

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Many consumers associate high prices with high quality.In view of this assumption,some of the cosmetics companies use the _____ strategy to price their products.


A) penetration pricing
B) even/odd pricing
C) price dipping
D) discounting
E) symbolic/prestige pricing

Correct Answer

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Which of the following elements of the promotion mix involves direct inducements offering added value or some other incentive for buyers to enter into an exchange?


A) Sales promotion
B) Advertising
C) Personal selling
D) Publicity
E) Public relations

Correct Answer

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Which of the following elements is the most flexible variable in the marketing mix?


A) Product
B) Production
C) Distribution
D) Promotion
E) Price

Correct Answer

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Because consumers associate a drug's price with potency,some pharmaceutical companies use the _____ strategy to price their over-the-counter drugs.


A) penetration pricing
B) even/odd pricing
C) symbolic/prestige pricing
D) discounting
E) price dipping

Correct Answer

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Mocha Café initially charged a low price for its cuisine and then raised the price after gaining a large market share.Which of the following pricing strategies did Mocha Café use in this scenario?


A) Prestige pricing
B) Penetration pricing
C) Odd pricing
D) Price skimming
E) Even pricing

Correct Answer

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