Filters
Question type

Study Flashcards

The greatest marketspace opportunity for marketers lies in its potential for creating __________.


A) time utility
B) price utility
C) possession utility
D) form utility
E) place utility

F) C) and D)
G) A) and B)

Correct Answer

verifed

verified

Consumers and companies populate two market environments today.One is the traditional __________ and the other is the __________.


A) extranet; intranet
B) superstore; hypermarket
C) marketplace; marketspace
D) shopping mall; virtual mall
E) online store; virtual store

F) A) and B)
G) None of the above

Correct Answer

verifed

verified

Buzz is a particularly influential force.According to Jeff Bezos,president of Amazon.com,"If you have an unhappy customer on the Internet,he doesn't tell his six friends,he tells his __________ friends!"


A) 6
B) 60
C) 600
D) 6,000
E) 6 million Facebook

F) A) and E)
G) A) and D)

Correct Answer

verifed

verified

Pizza Hut's cost-conscious mothers look for a good quality product and __________.Deal-seeking young adult males seek more of the food they love with __________ in the process.


A) nutritional value; coupons and extra servings
B) a hassle-free eating experience; less time and cash invested
C) the lowest price possible; a great social experience
D) time with their children; the best price possible
E) friendly environment; free,fast,and easy delivery

F) A) and B)
G) B) and D)

Correct Answer

verifed

verified

Bots contribute to the convenience of online shopping because they


A) reduce time spent online.
B) allow customers to make online comparisons of prices and product features.
C) permit customers to design one-of-a-kind items that fit their specific needs.
D) allow customers to engage in an electronic dialogue with marketers.
E) offer customers almost any product or service they want.

F) None of the above
G) C) and D)

Correct Answer

verifed

verified

People who referred 10 friends to the Procter & Gamble website for Physique shampoo received a free,travel-sized styling spray and were entered in a sweepstakes to win a year's supply of the shampoo.The promotion generated 2 million referrals and made Physique the most successful new shampoo ever launched in the United States.To accomplish this,P&G used __________.


A) opt-out marketing
B) customerization
C) viral marketing
D) niche marketing
E) buzz marketing

F) B) and D)
G) A) and B)

Correct Answer

verifed

verified

There are three approaches to viral marketing.Marketers can: (1) embed a message in the product or service; (2) __________; and (3) offer incentives for referrals.


A) use customerization
B) use choiceboards
C) use niche marketing
D) make the website content so compelling that viewers want to share it with others
E) use permission marketing

F) B) and E)
G) A) and B)

Correct Answer

verifed

verified

Since promotions are an important expectation in pizza purchasing,Pizza Hut's __________ and __________ website design elements balance the ability to shop for a deal with quick and easy ordering access for people who arrive at PizzaHut.com ready to purchase.


A) context; content
B) communication; context
C) commerce; customization
D) communication; connection
E) content; community

F) A) and C)
G) C) and D)

Correct Answer

verifed

verified

Six (6) general product and service categories dominate online consumer buying.One category includes items such as specialty foods and beverages when


A) the items are unique.
B) customer value is the most important
element.
C) price and delivery time are not key factors.
D) digital delivery is an important factor.
E) price and speed of delivery are the determinant sales factors.

F) A) and B)
G) All of the above

Correct Answer

verifed

verified

Which of the following statements about cost and its impact on online shopping is most accurate?


A) Fixed pricing is commonly used online because there is no need to respond quickly to changes in supply and demand conditions.
B) The margins for online offerings are usually higher than those purchased in traditional marketplaces.
C) Any price advantage for online purchases is lost in shipping and handling fees.
D) The majority of the most popular items bought online can be purchased at the same price or cheaper than in retail stores.
E) Dynamic pricing is the most commonly used pricing strategy for Internet purchases.

F) B) and E)
G) All of the above

Correct Answer

verifed

verified

Collaborative filtering gives marketers the ability to make a dead-on sales recommendation to a buyer in __________.


A) a manner of minutes
B) real time
C) click time
D) virtual time
E) bona fide time

F) All of the above
G) A) and B)

Correct Answer

verifed

verified

Pizza Hut's management team uses a __________ to monitor various aspects of the brand's marketing program and provide an almost constant stream of fresh information that it can use to optimize engagement with people or tweak various aspects of performance.


A) marketing matrix
B) transfer template
C) marketing dashboard
D) information screen
E) corporate dashboard

F) B) and E)
G) A) and B)

Correct Answer

verifed

verified

When you view a selection at Amazon.com and see "Customers who bought this (item) also bought…",you are seeing the application of __________.


A) real-time e-commerce
B) connectivity
C) interactive marketing
D) personalization
E) collaborative filtering

F) A) and C)
G) A) and E)

Correct Answer

verifed

verified

Internet-enabled technology employed in transmitting information from marketer-to-consumer,consumer-to-consumer,and consumer-to-marketer is referred to as __________.


A) customerization
B) viral marketing
C) communication
D) spam
E) buzz

F) B) and C)
G) A) and E)

Correct Answer

verifed

verified

Which of the following pricing tactics would Ticketmaster use if it wanted to price sports and concert tickets based solely in response to demand and supply?


A) yield management pricing
B) experience curve pricing
C) dynamic pricing
D) cost-plus pricing
E) skimming pricing

F) B) and C)
G) A) and C)

Correct Answer

verifed

verified

The growth trend in online shoppers and online retail sales


A) didn't begin to show promise until 2007 when online security measures improved.
B) grew rapidly during 2003-2005 and then declined sharply when the "dot.com bubble" burst in 2006.
C) has shown growth in both online shoppers and online retail sales year after year,and is expected to continue in that direction until 2015.
D) grew slowly for the first three years,spiked dramatically in 2008-2009,but is expected to slow just as dramatically due to the economic downturn since 2010.
E) grew slowly for the first three years,but has steadily declined since 2007,and is expected to continue to decline for the foreseeable future.

F) A) and C)
G) C) and E)

Correct Answer

verifed

verified

Why would an online consumer want to use a bot?


A) Bots help customers design one-of-a-kind products that fit their specific needs.
B) Bots increase the selection of products and services from which online consumers can choose.
C) Bots allow online consumers to engage in an electronic dialogue with marketers.
D) Bots enhance the convenience of online shopping.
E) Bots allow marketers to record an online consumer's visits to their websites.

F) None of the above
G) C) and E)

Correct Answer

verifed

verified

Two general applications of websites exist based on their intended purpose: (1) transactional websites and (2) __________ websites.


A) cross-functional
B) financial
C) service-oriented
D) informational
E) promotional

F) All of the above
G) A) and E)

Correct Answer

verifed

verified

A blog refers to


A) a private online forum centered on a specific topic or theme.
B) a running account of all purchases made at a single website.
C) an online forum where people can discuss a wide variety of subjects.
D) an itemized list of all website "hits" on an individual person including a short biographical summary.
E) a web network that works as a family tree linking all members of a group or organization.

F) All of the above
G) A) and D)

Correct Answer

verifed

verified

A visitor to WWE.com will notice that all of the information contained within the website-there are no links to other websites.The website provides frequently updated information on WWE wrestlers,matches,and licensed merchandise on a starry black background.The WWE.com website is lacking __________,a website design element that influences customer experience.


A) context
B) communication
C) commerce
D) connection
E) content

F) None of the above
G) D) and E)

Correct Answer

verifed

verified

Showing 121 - 140 of 259

Related Exams

Show Answer