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Big Fizz Co., a manufacturer of cola-flavored drinks

Apr 30th, 2013
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  2. Download: http://solutionzip.com/downloads/big-fizz-co-a-manufacturer-of-cola-flavored-drinks/
  3. 1) Big Fizz Co., a manufacturer of cola-flavored drinks, wants to add packaged fruit juices to its existing product line. Big Fizz must make some decisions regarding packaging and branding the fruit juices. These decisions would fall under which variable of the marketing mix?
  4. A. Product
  5. B. Place
  6. C. Promotion
  7. D. Price
  8. 2) Hewlett-Packard sells personal computers through specialty computer stores, electronics superstores, and its own Internet site. What is the marketing mix variable that is being considered here?
  9. A. Price
  10. B. Promotion
  11. C. Product
  12. D. Place
  13. 3) Marketing strategy planners should recognize that:
  14. A. target markets should not be large and spread out
  15. B. mass marketing is often very effective and desirable
  16. C. large firms like General Electric, Target, and Procter & Gamble are too large to aim at clearly defined markets
  17. D. target marketing is not limited to small market segments
  18. 4) Target marketing, in contrast to mass marketing,
  19. A. is limited to small market segments
  20. B. assumes that all customers are basically the same
  21. C. ignores markets that are large and spread out
  22. D. focuses on fairly homogeneous market segments
  23. 5) The process of naming broad product-markets and then dividing them in order to select target markets and develop suitable marketing mixes is called:
  24. A. market penetration
  25. B. market segmentation
  26. C. market development
  27. D. market research
  28. 6) ______________ is the process of naming broad product-markets and then segmenting these broad product-markets in order to select target markets and develop suitable marketing mixes.
  29. A. Market positioning
  30. B. Market segmentation
  31. C. Mass marketing
  32. D. Diversification
  33. 7) Marketing research which seeks structured responses that can be summarized is called
  34. A. focus group research
  35. B. quantitative research
  36. C. qualitative research
  37. D. situation analysis research
  38. 8) One of the major disadvantages of the focus group interview approach is that
  39. A. ideas generated by the group cannot be tested later with other research
  40. B. it is difficult to measure the results objectively
  41. C. it is difficult to get in-depth information about the research topic
  42. D. there is no interviewer, so the research questions may not be answered
  43. 9) When focus group interviews are used in marketing,
  44. A. each person in the group answers the same questionnaire, to focus the discussion
  45. B. the typical group size is 15 to 20 typical consumers whether online or off-line
  46. C. it is primarily as a follow-up to more quantitative research
  47. D. the research conclusions will vary depending on who watches the interview whether online or off-line
  48. 10) Focus groups
  49. A. are usually composed of 10 to 15 people as participants
  50. B. yield results that are largely dependent on the viewpoint of the researcher
  51. C. always do a good job of representing the broader target market
  52. D. have a low cost per participant
  53. 11) A small manufacturing firm has just experienced a rapid drop in sales. The marketing manager thinks that he knows what the problem is and has been carefully analyzing secondary data to check his thinking. His next step should be to
  54. A. conduct an experiment
  55. B. develop a formal research project to gather primary data
  56. C. conduct informal discussion with outsiders, including intermediaries, to see if he has correctly defined the problem
  57. D. develop a hypothesis and predict the future behavior of sales
  58. 12) The marketing manager at Massimino & McCarthy, a chain of retail stores that sells men’s clothing, is reviewing marketing research data to try to determine if changes in marketing strategy are needed. Which of the following sources of data would be a secondary data source?
  59. A. Looking through the company’s marketing information system to see past sales trends
  60. B. Reviewing videotapes of a recent focus group
  61. C. Making phone calls to some of the best customers to learn their interest in a new line of clothing
  62. D. Spending time in stores observing customers’ behavior
  63. 13) Which of the following statements about consumer products is true?
  64. A. Convenience products are those that customers want to buy at the lowest possible price.
  65. B. Shopping products are those products for which customers usually want to use routinized buying behavior.
  66. C. Specialty products are those that customers usually are least willing to search for.
  67. D. Unsought products are not shopped for at all.
  68. 14) The attitudes and behavior patterns of consumers making a purchasing decision are part of the
  69. A. political environment
  70. B. social and cultural environment
  71. C. competitive environment
  72. D. firm’s resources and objectives
  73. 15) The observing method in marketing research
  74. A. uses personal interviews
  75. B. may require customers to change their normal shopping behavior
  76. C. is used to gather data without consumers being influenced by the process
  77. D. is not suitable for obtaining primary data
  78.  
  79.  
  80. Download: http://solutionzip.com/downloads/big-fizz-co-a-manufacturer-of-cola-flavored-drinks/
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