E Write True if the statement is correct, false if not. Write it in your activity notebook
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A: 1.) True
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True or false
Packaging adds beauty and appeal to the processed food?
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- SEM - Chap 1 - Student Copy - Economics of Marketing Review Assignment (1) - Word (Product Activation Failed) Review View Acrobat Tell me what you want to do... References Mailings EA Aa - m,市,新, 外T AaBbCcD AaBbCcDc AABBCC AaBbCcC AaB A - ay A ==== E- 2-- 1 Normal 1 No Spac. Heading 1 Heading 2 Title Styles Paragraph 1. Define and give an example of the term marketing. 2. Explain the marketing concept. 3. Describe the concept of demographics. 4. Explain the marketing mix. 5. Explain the concept of economics. 6. Define intellectual property rights. 7. Name four types of business ownership. 8. Describe how sports and entertainment impact national and local economies.Give description of 10 products. According to the traits of Technical Writing: Accuracy. Clarity. Conciseness. Readability. Usability.13. An accountant buys a supply of pencils to be used in calculating the taxes of other business firms. Based on this information, pencils in this case would be considered what type of product? a. Business b. Process materials c. Raw material d. Convenience e. Consumer 14. If a brand is extended too many times, one major risk is that it can lead to _____. a. family branding b. brand dilution c. co-branding d. line extensions e. generic branding
- MCQ445: Which of these is true ? a. Generic products and customized products are types of software products. b. Generic products are produces by organization and sold to open market. c. Customized products are commissioned by particular customer. d. All of the above.1. Product decisions affect customer a. Cost b. Benefits c. Loyalty d. Convenience 2. If a consumer buys Charmin bath tissue that is the exact same quality as a generic brand only more expensive, Charmin has created ________ with the consumer. a. Brand mark b. Brand name c. Brand equity d. Brand 3. Producing the most efficient and cost-effective version of a product describes what? a. Production orientation b. Sales orientation c. Market orientation d. Social orientation 4. Why is research critical to marketing? a. To pinpoint whether an economy is production or service oriented b. To determine if marketing activities are effective c. To determine what’s likely to be the next hot trend in marketing d. To determine basic consumer needsWhile the ability to determine your own destiny is the prime reason for SERP keyword purchase, there are other advantages to using the system. These include all but: O brand building O buying top spot for ad listing O guaranteed return on investment O optimizing keywords
- 36. 34. What can a business can do to make sure that their advertising and labeling areaccurate? a. Have an expert from different expertise that are related to the product check and monitor its contentb. Get a selected customers from the market see first the advertisement and labellingc. Compare your advertising and labeling versus the competitors to see if youare in the same line of wordsd. Have the staff from different department check the advertising and labelling for trial if its convincingA. Premium products are most likely to be sold in market stalls. B. Luxury products are most likely to be sold in designer stores. A) Both True B First statement is false, second is true. (c) Both False D) First statement is true, second is false.I. TRUE OR FALSE. Write TRUE if the statement is correct and write FALSE if the statement is incorrect. 1. Marketing is a form of communicating or promoting the value of a product, service or brand to consumers. 2. One goal of marketing is to understand the market and its consumers, and satisfy their changing needs and wants. 3. Capturing customer value is not necessary in marketing. 4. Marketing Increases brand engagement. In marketing process the situation is analyzed to identify opportunities, the strategy is formulated for a value proposition, technical decisions are taken, plan is implemented, and results are monitored. 6. Marketing activities are planned by management, and their executions are monitored through managerial functions. 7. The qualifying determinants of consumers in purchasing a product are called wants. 8. Marketing is the process by which companies create value for customers and build strong relationship to capture value from customers in return. 9. Marketing is an…
- A company makes TVs, Washing machines, refrigerators ad microwave ovens. The length of this product line is: Select one: a. This is not a product line b. 5 c. 4 d. None of the options are correct7. Which of the following is the process or activities by which a company adds value to an article, including production, marketing, and the provision of after-sales service?A. Supply chain B. Value chain C. Business model D. Prototype1.1 Operate under the assumption that you have secureda meeting with your ideal prospect to deliver a formal sales presentation. Clearly outline the objective of this sales call by writing a SMART GOAL. 1.2 Research the market, list and explain 10 prospective B2B customers that would be the right fit for your product/service within the market you will serve. A. For each provider, the name of the business, the address, and phone number. B. Explain in detail why each was selected and identified through your prospecting exercise as the most viable prospects. C. Select your best prospect for your oral presentation and explain why they are your number choice to close the sale. 1.3 Describe the features, advantages, and benefits of your product/service. 1.4 How should you prepare for the negotiations portion of the sales call and build value to justify the asking price?