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Questions
Q:
Manufacturers of consumer products use transactional websites less frequently than other firms because
A. in some industries, this form of vertical integration is illegal.
B. there is a threat of channel conflict.
C. it is difficult to maintain inventory levels at online warehouses.
D. some stakeholders are opposed to websites that drain resources without providing any return on investment.
E. such websites require dynamic pricing, which is difficult to use if supply and demand conditions change frequently.
Q:
A significant threat arising from the introduction of an Internet channel and the potential harm to trade relationships with their retailing intermediaries is referred to as __________.
A. channel conflict
B. channel clash
C. channel chaos
D. channel divergence
E. channel discord
Q:
Retailers and direct selling firms have found that their websites, while cannibalizing sales volume from stores, catalogs, and sales representatives, attract new customers and influence sales. When Victoria's Secret, the well-known retailer of intimate apparel for women ages 18 to 45 created its website, it reported that __________ of its website customers are __________, most of whom generate new sales volume for the company.
A. 50 percent; women between the ages of 45 and 65
B. 40 percent; teenagers from 13 to 17
C. 30 percent; mature women 50 years and older
D. 25 percent; customers from rural communities
E. 60 percent; men
Q:
One problem that can occur from the use of a transactional website is __________, even though marketers claim the number of new customers they attract to stores offsets this problem.
A. customer attrition
B. stickiness
C. cannibalization
D. unauthorized buzz
E. excessive product returns
Q:
Which of the following statements about transactional websites is NOT true?
A. Transactional websites are most common among store and catalog retailers and direct selling companies.
B. Transactional websites can create channel conflict.
C. Transactional websites may cannibalize sales from stores, catalogs, and sales representatives.
D. Transactional websites often engage visitors with interactive experiences that involve games, contests, and quizzes.
E. Transactional websites are used less frequently by manufacturers of consumer products.
Q:
A(n) __________ website is essentially an electronic storefront with the primary purpose of converting an online browser into an online, catalog, or in-store buyer.
A. multichannel
B. transactional
C. promotional
D. intermediary
E. direct selling
Q:
JCPenney has leveraged its store, website, and catalog channels. A JCPenney customer who shops in all three spends four to eight times as much as a customer who shops in only one channel. JCPenney is likely following a(n) __________ strategy.
A. dual distribution
B. market penetration
C. cross-functional
D. interlocking marketing
E. multichannel marketing
Q:
Eddie Bauer has leveraged its store, website, and catalog channels with impressive results. At Eddie Bauer, every effort is made to make the apparel shopping and purchase process for its customers the same as its retail stores, its catalog, and its website. An Eddie Bauer marketing manager says, "We don't distinguish between channels because it's all Eddie Bauer to our customers." Eddie Bauer is likely following a(n) __________ strategy.
A. cross-functional
B. interlocking marketing
C. dual distribution
D. multichannel marketing
E. market penetration
Q:
Office Depot has leveraged its store, website, and catalog channels with impressive results. The promotion of all three information and delivery channels indicates that Office Depot uses a(n) __________ strategy to assist the cross-channel shopper.
A. cross-functional
B. interlocking marketing
C. multichannel marketing
D. dual distribution
E. market penetration
Q:
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
Q:
Two general applications of websites exist based on their intended purpose: (1) __________ websites and (2) promotional websites.
A. transactional
B. financial
C. service-oriented
D. informational
E. cross-functional
Q:
Websites play a multifaceted role in multichannel marketing because they can serve as either a __________ or delivery channel.
A. cost
B. communication
C. choice
D. control
E. convenience
Q:
Multichannel marketing refers to
A. selling the same product to the same customers under two distinct brand names.
B. selling the same product to the same customers at two different price points through two different distributors.
C. the blending of different communication and delivery channels that are mutually reinforcing in attracting, retaining, and building relationships with consumers who shop and buy in the traditional marketplace and online.
D. the use of bots to find the best prices and make purchases from multiple websites simultaneously.
E. the blending of non-electronic communication and delivery channels to counteract the power of online buying.
Q:
The blending of different communication and delivery channels that are mutually reinforcing in attracting, retaining, and building relationships with consumers who shop and buy in the traditional marketplace and online is referred to as __________.
A. multichannel marketing
B. strategic channel alliances
C. dual-track reselling
D. dual distribution
E. retail segmentation
Q:
Sales arising from cross-channel shoppers dwarf exclusive online retail sales. Retail sales revenue from cross-channel shoppers today is estimated to be about __________ times greater than online retail sales.
A. two
B. three
C. five
D. seven
E. ten
Q:
The top reasons cross-channel shoppers research items online before buying in stores include: (1) the desire to compare products among different retailers; (2) the need for more information than is available in stores; and (3) the ease of __________.
A. reducing geographical barriers
B. finding new products that are soon to be launched in their area
C. finding products that are more customized to their exact needs
D. finding products that are out of season
E. comparing their options without having to trek to multiple retail locations
Q:
Recent research shows that __________ of U.S. online consumers are cross-channel shoppers.
A. 20%
B. 37%
C. 45%
D. 51%
E. 95%
Q:
A cross-channel shopper refers to
A. the online consumer who researches products online and then purchases them at a retail store.
B. the online consumer who purchases a product online and then returns it at a retail store for store credit.
C. a consumer who e-mails or forwards a copy of a competitor's coupon to another firm in hopes that it will meet or beat the offer.
D. shoppers from one country who make online purchases from a company in a different country.
E. a shopper that visits a retail store to inspect merchandise, with the intention of purchasing the merchandise online.
Q:
The online consumer who researches products online and then purchases them at a retail store is referred to as a __________ shopper.
A. multi-retail
B. cross-channel
C. marketspace
D. clicks and bricks
E. Web 3.0
Q:
Which of the following statements regarding when and where online consumers shop and buy is most accurate?
A. Eighty percent of online sales occur on the weekends.
B. The busiest shopping day is Saturday.
C. Only 20 percent of consumers say they visit websites from their place of work.
D. Favorite websites for workday shopping and buying include those featuring event tickets, travel, and flowers and gifts.
E. Most people buy online when they are depressed.
Q:
Some __________ of online consumers say they visit websites from their place of work, which partially accounts for the sales level during the workweek.
A. 30%
B. 40%
C. 50%
D. 60%
E. 70%
Q:
Which of the following statements regarding when and where online consumers shop and buy is most accurate?
A. Twenty percent of online sales occur Monday through Friday.
B. The busiest online shopping day is Wednesday.
C. Favorite websites for workday shopping and buying include those featuring health and beauty items, and apparel and accessories.
D. Some 10 percent of consumers say they visit websites from work.
E. Most people buy online when they are depressed.
Q:
Which of the following statements regarding when and where online consumers shop and buy is most accurate?
A. Eighty percent of online sales occur on weekdays.
B. The busiest online shopping day is Saturday.
C. Only 10 percent of consumers say they visit websites from their place of work.
D. Most people buy online when they are depressed.
E. Favorite websites for workday shopping and buying feature shoes or work attire.
Q:
Self-regulatory efforts to respond to online consumers' concerns about privacy and security include
A. eliminating the use of cookies on marketing websites.
B. prohibiting the collection of online consumers' personal and financial information.
C. awarding the TRUSTe trademark to companies that comply with privacy standards.
D. lobbying against the adoption of federal Internet privacy laws.
E. relying on the U.S. government to protect online consumer privacy.
Q:
According to the Federal Trade Commission, __________ percent of fraud complaints are Internet related, costing consumers $560 million.
A. 35
B. 46
C. 55
D. 64
E. 75
Q:
A recent Pew Internet and American Life Project poll reported that __________ percent of online consumers have privacy and security concerns about the Internet.
A. 15
B. 28
C. 34
D. 56
E. 76
Q:
Two major issues that contribute to consumers' hesitancy to use online shopping are __________.
A. quality and price
B. privacy and security
C. computer knowledge and security
D. price and privacy
E. quality and computer knowledge
Q:
The practice of using information provided by cookies for directing online advertising from marketers to those online shoppers whose behavioral profiles suggest they would be interested in such advertising is referred to as
A. viral marketing.
B. buzz.
C. data mining.
D. behavioral targeting.
E. spyware.
Q:
Suppose you are designing a marketing website and you would like it to be as user-friendly as possible. In particular, you do not want repeat customers to have to enter in their address, e-mail, telephone number, and credit card data every time they make an online purchase. Rather, you would like your website to recognize each customer by name every time he or she visits the website and to retrieve all the information about that customer automatically whenever he or she wishes to make a purchase. To achieve this goal, you would most likely use __________.
A. cookies
B. portals
C. spam
D. spiders
E. bots
Q:
Those people who object to cookies are most likely concerned with __________.
A. costs
B. privacy
C. spam
D. viruses
E. information overload
Q:
Which of the following do cookies provide to improve a consumer's online buying and shopping experience?
A. convenience
B. cost
C. choice
D. communication
E. customization
Q:
What technology term would be used to describe the capability of capturing visitor information to a website such as expressed product preferences, personal data, passwords, and financial information, including credit card numbers?
A. spam
B. spiders
C. loggers
D. cookies
E. trackers
Q:
Cookies refer to
A. computer files that a marketer can download onto the computer and mobile phone of an online shopper who visits the marketer's website.
B. embedded programs that flash split-second subliminal messages at regular intervals.
C. benign links that direct a customer to alternate websites that might be of interest to them.
D. electronic unsolicited e-mail.
E. spyware used to secretly retrieve personal information from a person's computer.
Q:
Computer files that a marketer can download onto the computer and mobile phone of an online shopper who visits the marketer's website are referred to as __________.
A. bots
B. cookies
C. spiders
D. spam
E. interstitials
Q:
Which of these may be a reason why consumers do NOT shop and buy online?
A. bots
B. buzz
C. spam
D. cookies
E. interstitials
Q:
Studies show that shoppers spend an average of __________ hour(s) researching cars online before setting foot in a showroom.
A. 1
B. 2
C. 6
D. 11
E. 26
Q:
Frank needs to buy a new car. Before visiting a showroom, however, he logs onto www.autobytel.com. Here, he can compare the attributes of various makes and models, find information about the prices of various option packages and learn the manufacturer's suggested retail prices for different cars. After deciding on the car he wants to buy, Frank visits the local showroom and negotiates with the salesperson for the model and options package he wants. Because Frank is so well informed about prices, he is able to make a deal that is several hundred dollars less than the salesperson's best offer. Frank's car buying experience illustrates which reason why consumers shop online?
A. convenience
B. communication
C. customization
D. choice
E. control
Q:
Online consumers are considered empowered consumers because
A. products and services purchased online often cost less than in a retail store.
B. online shopping does not require that they fight traffic, find a parking space, walk long store aisles, and wait in line at checkout.
C. they can control their shopping and purchase decision process.
D. there are websites for almost any product or service they want.
E. they can engage in an electronic dialogue with marketers.
Q:
Which of the following statements about cost and its impact on online shopping is most accurate?
A. Dynamic 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 is usually higher than those purchased in traditional marketplaces.
C. Dynamic pricing is the most commonly used pricing strategy for Internet purchases.
D. Any price advantage for online purchases is lost in shipping and handling fees.
E. Lower external information search costs is one of the major reasons for the popularity of online shopping.
Q:
Which of the following statements about cost and its impact on online shopping is most accurate?
A. Dynamic 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.
Q:
Which of the following pricing tactics would Ticketmaster use if it wanted to price sports and concert tickets based solely in response to demand for the events?
A. yield management pricing
B. experience curve pricing
C. dynamic pricing
D. cost-plus pricing
E. skimming pricing
Q:
The practice of changing prices for products in real time in response to supply and demand conditions is referred to as __________.
A. dynamic pricing
B. virtual pricing
C. experience curve pricing
D. skimming pricing
E. elasticity pricing
Q:
All of the following are popular product categories for showrooming EXCEPT:
A. toys.
B. books.
C. apparel.
D. consumer electronics.
E. home appliances.
Q:
About __________ of U.S. online shoppers engage in showrooming.
A. 10%
B. 25%
C. 33%
D. 40%
E. 50%
Q:
All of the following are motivators for showrooming EXCEPT:
A. looking for online promotions or deals.
B. evaluating product displays in retail outlets.
C. obtaining merchandise information (features, benefits).
D. checking merchandise reviews and ratings.
E. seeking lower prices.
Q:
Showrooming refers to
A. areas in retail stores where point-of-purchase displays are used to show goods for sale.
B. an arrangement whereby a firm reaches different buyers by employing two or more different retail layouts and atmospherics for the same basic product.
C. competition among retail firms in different types of businesses but which sell the same product.
D. retailers that utilize and integrate a combination of traditional store formats and nonstore formats such as catalogs, television home shopping, and online retailing.
E. when shoppers visit a retail store to inspect merchandise, but then purchase that merchandise online, either from the store or one of its competitors.
Q:
When a shopper visits a retail store to inspect merchandise, but then purchases the merchandise online, it is referred to as __________.
A. Multichannel retailing
B. Multichannel marketing
C. Intertype retailer competition for customers
D. Showrooming
E. Intratype retailer competition for customers
Q:
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
Q:
At the De Beers website, users can design their own rings and show them to others. One out of five website visitors e-mail their ring design to friends and relatives who will then visit the site. De Beers is using __________ to promote its diamonds.
A. opt-out marketing
B. customerization
C. niche marketing
D. buzz marketing
E. viral marketing
Q:
Visitors to the Universal Studios theme park can borrow one of three user-controlled webcams to take pictures of the park and themselves enjoying the park. Then the webcam users can e-mail the pictures to their friends. The average webcam user sends four e-mails to friends and has resulted in more than 6 million park images being sent to potential visitors. Universal Studios is using __________ to promote its theme park.
A. viral marketing
B. opt-out marketing
C. customerization
D. niche marketing
E. buzz marketing
Q:
When Microsoft's Hotmail included the tagline, "Get your Private, Free E-mail from Hotmail," on each of the millions of e-mails it processed daily, it was using __________.
A. opt-out marketing
B. viral marketing
C. customerization
D. niche marketing
E. buzz marketing
Q:
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
Q:
There are three approaches to viral marketing. Marketers can: (1) __________; (2) make the website content so compelling that viewers want to share it with others; and (3) offer incentives for referrals.
A. embed a message in the product or service
B. use customerization
C. use choiceboards
D. use niche marketing
E. use permission marketing
Q:
An Internet-enabled promotional strategy that encourages individuals to forward marketer-initiated messages to others via e-mail, social networking, and blogs is referred to as __________.
A. buzz marketing
B. customerization
C. viral marketing
D. liking
E. permission marketing
Q:
Viral marketing refers to
A. an embedded message that causes a pop-up screen to appear every time a user types in a specific word.
B. malicious malware that is used to create doppelgangers on competitors' websites.
C. a subversive program that automatically transfers viruses from one website to another.
D. an Internet-enabled promotional strategy that encourages individuals to forward marketer-initiated messages to others via e-mail, social networking, and blogs.
E. an online multi-level marketing promotion that awards participants based upon how many friends they "like" on personal social networking sites such as Facebook.
Q:
Buzz is particularly influential for which of the following items?
A. toys, pharmaceuticals, motion pictures, and consumer electronics
B. parenting, gardening, retirement funds, and health insurance
C. funeral services, cruises, foreign travel, and higher education
D. daycare, jewelry, restaurants, and road paving
E. tennis lessons, veterinarians, dance studios, and pressure washing
Q:
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. 106
B. 60
C. 600
D. 6,000
E. 6 million
Q:
In marketspace, buzz refers to __________.
A. instant messaging
B. twittering or tweeting
C. word-of-mouth behavior
D. firm-based viral marketing
E. negative online ads
Q:
Word-of-mouth behavior in marketspace is referred to as __________.
A. tweets
B. buzz
C. instant messaging
D. blogging
E. likes
Q:
In 2004, the __________ Act became effective and restricts information collection and unsolicited e-mail promotions on the Internet.
A. Anti-SPAM
B. E-Mail Privacy
C. Digital Marketing
D. Consumer E-Mail Solicitation
E. CAN-SPAM
Q:
Communications that take the form of electronic junk mail or unsolicited e-mail are referred to as
A. trash mail.
B. phishing.
C. virus marketing.
D. spam.
E. viral marketing.
Q:
Spam refers to
A. communications that take the form of electronic junk mail or unsolicited e-mail.
B. published private, secret, and/or classified e-mails from anonymous sources.
C. computer-generated e-mails that are self-directed and self-perpetuating.
D. a marketer-generated cookie whose sole purpose is to block a consumer from accessing competitors' websites.
E. any non-personal electronically generated message sent via the Internet.
Q:
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. a webpage that serves as a publicly accessible personal journal for an individual or organization.
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.
Q:
A webpage that serves as a publicly accessible personal journal for an individual or organization is referred to as (a) __________.
A. spam
B. blog
C. buzz
D. forum
E. journalog
Q:
iVillage.com is a website for women that encourages its users to discuss health and beauty, parenting, personal finances, career management and relationships. This website is an example of __________.
A. a web community
B. spam
C. a shopping bot
D. a blog
E. a web caf
Q:
Coca-Cola hosts MyCoke.com that allows people to congregate online and exchange views on topics of common interest. This website is an example of __________.
A. spam
B. a shopping bot
C. a web community
D. a blog
E. a web caf
Q:
Canam Canada specializes in the fabrication of steel joists, joist girders, and steel deck. Canam Canada offers value-added engineering support, architectural flexibility and customized solutions and services. Canam Canada uses team selling that focus on important customers to build mutually beneficially, long-term, relationships. Teams include sales, service, and technical personnel to work exclusively with assigned customers. Canam's salesforce practices
A. unique account management.
B. key account management.
C. specialty account management.
D. one of a kind account management.
E. consultative account management.
Q:
The use of teams of sales, service, and technical personnel who work with purchasing, manufacturing, engineering, logistics, and financial executives in customer organizations is referred to as __________.
A. sales analysis
B. formula selling
C. adaptive selling
D. consultative selling
E. key account management
Q:
Major account management refers to
A. the assignment of a single salesperson to a single customer throughout the course of the entire sale.
B. the practice of assigning the highest performing salesperson to the clients with the most profitable accounts.
C. the practice of using team selling to focus on important customers so as to build mutually beneficial, long-term, cooperative relationships.
D. a sales relationship that involves a face-to-face, person-to-person encounter rather than a sale made through extranets.
E. the practice of occasionally making contact with a customer on a sporadic basis following the initial sale of a product or service.
Q:
The practice of using team selling to focus on important customers so as to build mutually beneficial, long-term, cooperative relationships is referred to as __________.
A. major account management
B. relationship marketing
C. relationship selling
D. customer account management
E. needs-satisfaction selling
Q:
A disadvantage of a customer sales organization isA. the need to assign just one salesperson to local, regional, national, and global territories.B. an increased need for multilingual salespeople.C. the smaller number of qualified sales managers.D. the need for close teamwork amongst a diverse salesforce.E. higher administrative costs and some duplication of selling effort.
Q:
Which salesforce organizational structure is best when there are many different consumer types with many different or specialized needs?
A. NAICS
B. customer
C. product
D. geographical
E. mass customerization
Q:
A sales organization practice whereby a different salesforce calls on each separate type of buyer or market channel is referred to as a __________.
A. multi-reseller organization
B. geographical organization
C. customer sales organization
D. product/service sales organization
E. multi-level marketing organization
Q:
When different types of buyers have different needs, a __________ sales organization structure used.
A. multi-reseller
B. customer
C. geographical
D. market segmentation
E. multi-level marketing
Q:
The office memo read, "Sales representatives from Kansas, Nebraska, Iowa, and Missouri will report directly to the Midwest regional manager." From this information, it would appear the company that issued the memo uses a __________ sales organization for its salesforce.
A. profit
B. customer
C. product
D. geographical
E. market
Q:
A geographical sales organization would NOT be the best structure if
A. a firm is trying to reduce duplication of selling effort.
B. a firm is trying to minimize travel time.
C. a firm's products or customers require specialized knowledge.
D. different buyers have similar needs.
E. there is a need to increase the number of salespersons in the salesforce.
Q:
An advantage of a geographical sales organization is that itA. is more effective and provides specialized customer support.B. minimizes travel time, expenses, and duplication of selling effort.C. has smaller costs for sales calls.D. reduces the number of salespersons in the salesforce.E. requires fewer sales managers.
Q:
A __________ is the simplest salesforce structure, where the United States, or indeed the globe, is first divided into regions and then each region is divided into districts or territories.
A. product/service sales organization
B. customer sales organization
C. geographic sales organization
D. demographic sales organization
E. NAICS sales organization
Q:
Which is the simplest form of salesforce organizational structure?
A. profit
B. customer
C. product
D. geographical
E. market
Q:
An effective sales plan objective should be
A. general, measurable, and flexible.
B. profitable, subjective, and measurable.
C. precise, profitable, and flexible.
D. precise, measurable, and time specific.
E. general, flexible, and profitable.