{"id":113010,"date":"2023-08-15T22:02:29","date_gmt":"2023-08-15T22:02:29","guid":{"rendered":"https:\/\/learnexams.com\/blog\/?p=113010"},"modified":"2023-08-15T22:02:33","modified_gmt":"2023-08-15T22:02:33","slug":"mktg-final-exam-latest-2023-2024-real-exam-200-questions-and-correct-answersagrade","status":"publish","type":"post","link":"https:\/\/www.learnexams.com\/blog\/2023\/08\/15\/mktg-final-exam-latest-2023-2024-real-exam-200-questions-and-correct-answersagrade\/","title":{"rendered":"MKTG FINAL EXAM LATEST 2023-2024 REAL EXAM 200 QUESTIONS AND CORRECT ANSWERS|AGRADE"},"content":{"rendered":"\n<p>MKTG FINAL EXAM LATEST 2023-2024 REAL<br>EXAM 200 QUESTIONS AND CORRECT<br>ANSWERS|AGRADE<br>Fame-us is a talent hunt agency focusing on the youth looking to enter Hollywood.<br>As part of their marketing strategy, Fame-us generate time and place utility by:<br>a. creating a nationwide advertising campaign to attract applicants.<br>b. launching roadshows across cities and conduct talent hunts at campuses during<br>Thanksgiving.<br>c. endorsing their services using famous celebrities from Hollywood.<br>d. opening a well-equipped studio with pre and post-production facilities. &#8211;<br>ANSWER- B<br>Creating <strong>_<\/strong> utility is the responsibility of the production function.<br>a. place<br>b. form<br>c. time<br>d. ownership &#8211; ANSWER- B<br>Which of the following is true regarding marketing?<br>a. The marketing concept emphasizes creating and maintaining short-term<br>successful relationships with customers and suppliers.<br>b. Marketing encompasses such a broad scope of activities and ideas that settling<br>on one definition is often difficult.<br>c. Marketing refers to an activity in which two or more parties give something of<br>value to each other to satisfy perceived needs.<br>d. The marketing concept is a belief that consumers will resist purchasing<br>nonessential goods and services. &#8211; ANSWER- B<br>The basic objective of place marketing is to:<br>a. attract visitors or new businesses to a particular area.<br>b. influence others to accept the goals of the sponsoring organization.<br>c. convince people to attend a sporting or cultural event.<br>d. bring to the attention of the public some charitable issue. &#8211; ANSWER- A<\/p>\n\n\n\n<p>Wild Escape advertises jungle safaris, chimpanzee tracking, and gorilla tracking<br>tours. This is an example of <strong>_<\/strong>.<br>a. form utility creation<br>b. place marketing<br>c. organization utility<br>d. sports marketing &#8211; ANSWER- B<br>The Tour de Cure is a bicycle ride, not a race, to raise money for the American<br>Diabetes Association and is held in 40 states nationwide. This is an example of:<br>a. event marketing.<br>b. organization marketing.<br>c. person marketing.<br>d. place marketing. &#8211; ANSWER- A<br>Many hotel chains offer free stays and other perks to repeat customers. This is an<br>example of:<br>a. relationship marketing.<br>b. transaction-based marketing.<br>c. interactive marketing.<br>d. social marketing. &#8211; ANSWER- A<br>An example of interactive marketing would be:<br>a. a customer creating their own products, as in the case of Subway or Build-aBear.<br>b. an intermediary wholesaler who links sale of goods from manufacturer to<br>consumer.<br>c. buyer-seller communication through the Internet and virtual reality kiosks.<br>d. sponsoring local sports teams. &#8211; ANSWER- C<br>Interactive marketing refers to:<br>a. sequential marketing efforts beginning with frontline salespersons and<br>proceeding to detailed instructions by a technical expert.<br>b. marketing efforts vis-a-vis interactive programs where customers can post their<br>queries directly to the management.<br>c. buyer-seller communications in which the customer controls the amount and<br>type of information received from a marketer.<br>d. software-controlled marketing strategy which uses central databases to segment<br>the market on various demographic and psychographic factors. &#8211; ANSWER- C<br>Mobile marketing refers to:<\/p>\n\n\n\n<p>a. running promotional campaigns on transport media like trains and airplanes.<br>b. marketing messages transmitted via wireless technology.<br>c. promoting associated products or services alongside mobile technologies.<br>d. the use of online social media as a communications channel for marketing<br>messages. &#8211; ANSWER- B<br>Sally Myers, head of marketing at Sally&#8217;s Salon, serviced six new customers over<br>the past two weeks. Through a feedback form, Sally learnt that all of them had<br>acted upon the opinions of their friends and family members. What Sally<br>encountered is an example of:<br>a. transaction-based marketing.<br>b. sales orientation.<br>c. marketing myopia.<br>d. buzz marketing. &#8211; ANSWER- D<br>The group of people to whom a firm directs its marketing efforts and ultimately its<br>merchandise is known as its <strong><em>_ market. a. undifferentiated b. unsegmented c. mass d. target &#8211; ANSWER- D In marketing, the term product: a. refers only to tangible items that can be seen, tasted, or touched. b. refers to a broad concept encompassing the satisfaction of consumer needs. c. limits itself to include goods alone. d. excludes package design, brand name, or warranty from its purview. &#8211; ANSWER- B A motive is an inner state that directs a person to create: a. equilibrium between the actual and desired states. b. excitement in attaining the need satisfaction. c. equity between the cost and benefits of the need satisfaction. d. a sense of cognitive dissonance in the process of need satisfaction. &#8211; ANSWERA In a marketing context, the immediate or expected change in consumer behavior that results from experience is called a _<\/em><\/strong>.<br>a. drive<br>b. script<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MKTG FINAL EXAM LATEST 2023-2024 REALEXAM 200 QUESTIONS AND CORRECTANSWERS|AGRADEFame-us is a talent hunt agency focusing on the youth looking to enter Hollywood.As part of their marketing strategy, Fame-us generate time and place utility by:a. creating a nationwide advertising campaign to attract applicants.b. launching roadshows across cities and conduct talent hunts at campuses duringThanksgiving.c. endorsing 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