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Marketing Core Competition Practice Exam! Quiz

Question 1 of 3

Q1 . Examples of LAND are natural resources

Q2 . A country's infrastructure includes it sewers, highways, and phone lines.

Q3 . For most businesses, competition is

Q4 . In economic terms, land, labor, and capital refers to

Q5 . The U.S. has a trade deficit.

Q6 . Some activities in the action plan will include

Q7 . As a factor of production, the term labor refers to both skilled and unskilled workers.

Q8 . The difference in value between exports and imports of a nation is called its balance of trade.

Q9 . When supermarket employees demonstrate adaptability, they are able to be

Q10 . A nation experiences a trade surplus when it exports more than it imports.

Q11 . Which of the following research techniques usually answers questions related to "how many":

Q12 . Technological advances that make it possible for food-marketing busiensses to sell to customers throughout the worldd have had what type of effect on the industy?

Q13 . Adveritising is used extensively to encourage people to consider

Q14 . The marketing plan is based on

Q15 . How do managers asses organizational satisfaction?

Q16 . Which of the following is often a consideration when packaging food products:

Q17 . Church groups, fraternities, work groups, families, and peer groups are representatives of

Q18 . Why is it important to avoid considering prejudice and bias when judging others?

Q19 . Which of the following is an example of an economic factor that affects the business environment:

Q20 . Determining customer needs is often done through

Q21 . For selling to be effective, salespeople must receive support from

Q22 . What type of service are many large supermarket chains offering their customers?

Q23 . The set of computer programs that manages the hardware and software of a computer is the

Q24 . Resource scarcity forces nations to make economic choices.

Q25 . During the Persian Gulf War, the U.S. placed a ban on all exports to Iran. What is another term for this ban?

Q26 . A legal issue associated with the use of information might involve violation of ____________ laws.

Q27 . The ECONOMY is

Q28 . One way that technology has improved the process of receiving food products is by making it possible to use

Q29 . Which of the following is a source of relevant, valid written material:

Q30 . Which of the following is one of the benfits to a supermarket of reinforcing service orientation through communication:

Q31 . Which of the following has an effect on the price of food products that are distributed internationally:

Q32 . Supermarket employees need to understand the information provided on shelf tags to explain the _______________ to customers.

Q33 . Purchasing goods from a foreign country

Q34 . Which of the following trends in distribution involves making food products available in as many locations as possible:

Q35 . A specialty bakery sells gourmet chocolate chip cookies for $1.36 per pound. If a customer buys 4 1/4 pounds of cookies, what is the price of the cookies?

Q36 . Goods and Services sold to other countries.

Q37 . A political and economic philosophy characterized by marketplace competition and private ownership of businesses.

Q38 . The major trade benefit of contract manufacturing is called

Q39 . What type of food can a supermarket deli department safely reuse if properly held to prevent health hazards?

Q40 . Certain health and safety regulations require many types of specialty-food businesses to

Q41 . One reason why it is important for food-marketing businesses to identify service standards is to make sure those standards are

Q42 . It is effective to follow a step-by-step order when applying written directions to

Q43 . Information spread by friends about a service is

Q44 . When a business purchase is techinical or very expensive,

Q45 . Why is it often important to take notes during meetings and presentations?

Q46 . What is the organized way a nation provides for the needs and wants of its people?

Q47 . What term identifies a person who is responsible for a buisness created and owned by others?

Q48 . Why is it important to coordinate the elements of advertisements?

Q49 . Why is it important for supermarkets to interpret statistical findings?

Q50 . Marketing helps countries use their natural resources better by

Q51 . To obtain relevant information in a way that accomodates a variety of schedules, some food marketers use online

Q52 . One of the benefits of providing quality customer service in sales is that it enables food businesses to

Q53 . Select the trade alliance that establishes guidelines for international trade.

Q54 . Grocery store employees should know the location of all stock within the store in order to provide quality service by

Q55 . Merchandising is classified as

Q56 . Human capital refers to

Q57 . The U.S. is a mixed economy with an emphasis of the _____________ economy.

Q58 . The amount of human effort required to deliver a service is

Q59 . When a food manufacturer emphasizes a food item's degree of excellence, it is positioning the product by its

Q60 . The factors of production are Land, Labor, Capitol, and Entrepreneurship.

Q61 . Which of the following is one of the functions of money:

Q62 . Which of the following often has a negative impact on a food-marketing business's purchasing power:

Q63 . Entrepreneurs are allowed in a Communist country.

Q64 . Japan is a socialist country.

Q65 . Difference in value between exports and imports

Q66 . Companies using a sales-based objective will sell their products

Q67 . Determining if data are accurate and current is an example of a cake-mix manufacturer evaluating the

Q68 . Which of the following is the most appropriate research approach to use when a grocery store wants to determine how its employees interact with customers:

Q69 . The order selection process in food warehouse operations involves

Q70 . Tracking how well each type of food product sells is one reason why grocery stores usually monitor the

Q71 . Which of the following is likely to occur when a large grocery-store chain charges a small dairy producer a high slotting fee to carry products:

Q72 . Which of the following often make it necessary for workers to continue their education and obtain training to pursure different careers:

Q73 . Germany has a socialist economy; therefore the German people pay much less in taxes than Americans pay.

Q74 . Grocery stores take into consideration the traffic-flow patterns in the store when building

Q75 . Identifying new food-product opportunities usually requires a person to be

Q76 . A grocery store promoting a low price on party trays prepared by the deli department is involved in

Q77 . The three sections of a balance sheet represent the basic

Q78 . Why is it important for grocery stores to rotate food products to the front of shelves based on when they were received?

Q79 . One reason why there are regulations that make it illegal for salespeople to intentionally misrepresent their products by making false promises is because customers often

Q80 . In a Market Economy, who decides whether a business will survive or fail?

Q81 . The correct sequence of stages that businesses follow as they develop their e-commerce presence on the internet is

Q82 . Creidt offered by one buisness to another buisness is

Q83 . Advertisng agencies and public relations firms are often involved in whivh of the seven marketing functions?

Q84 . Which of the following is an important consideration when grocery stores put food items on display:

Q85 . Before distributing a questionnaire, a food-marketing researcher should make sure that the wording is clear,

Q86 . Why is it important for individuals to periodically validate their credit histories?

Q87 . In a command economy, it is individual consumers who decide what items will best satisfy their wants and needs.

Q88 . Which economy would best describe that of the U.S.?

Q89 . When an unauthorized business imports products into a country and creates a parallel distribution channel that competes with authorized channel, this is known as

Q90 . In which of the following situations might price gouging be considered illegal rather than unethical:

Q91 . The most difficult type of competition businesses face is a market in which they compete with other businesses offering

Q92 . A carefully arranged sequence of promotions designed around a common theme responsive to specific objectives is a

Q93 . Which of the following is a true statement about channel-member relationships in the supply chain:

Q94 . The total revenue that can be obtained from a market segment is known as the

Q95 . The advantage of storing certain food products in warehouses is that this process

Q96 . A character in a movie eating a certain brand of candy is an example of

Q97 . Why do most food distributors use some type of quality control method at work?

Q98 . The decision to use resources in a way that results in the greatest satisfaction of wants and needs is

Q99 . In the food marketing industry, what is the purpose of developing and using graphics in business reports?

Q100 . Money provided to a buisness to assist in the development and sale of its product is

Q101 . What is true about the role of small businesses in the United States

Q102 . Which part of a marketing plan includes analyzing econiomic conditions

Q103 . Which of the following is generally not recognized as a type of marketing career path?

Q104 . Positioning a corporate food brand involves communicating the brand's _______________ to the target markets.

Q105 . Which of the following is a loss prevention issue in food marketing:

Q106 . Supermarket chains usually expect all employees to have satisfactory communication skills that will enable them to

Q107 . Candy bars, bags of potato chips, and bottles of water being sold through vending machines is an example of

Q108 . Food distributors that operate at the international level should be aware of political factors that affect trade, such as civil unrest or

Q109 . Global Marketing strategies include which of the following?

Q110 . The demand curve for a business in a monopoly.

Q111 . Which of the following is the main internal audience for public-relations activities:

Q112 . The earlist use of marketing was

Q113 . Short term planning is also known as which of the following.?

Q114 . If the customer is dissatisfied with any part of the marketing mix or if competing products appear to meet customer needs better, the salesperson can

Q115 . Grocery stores often use loss leader pricing as a type of

Q116 . Managers who involve supermarket employees in making decisions and sharing ideas often are able to encourage them to

Q117 . Which of the following shipping methods is economical for carload shipments of canned goods traveling a long distance:

Q118 . One reason why it is important for specialty food store salespeople to understand what motivates customers to decide to buy is so the salespeople are able to

Q119 . Businesses began to compete with each other to get customers to but their products because

Q120 . An advantage in establishing product grades for eggs is

Q121 . In a Market Economy, who decides how products are produced?

Q122 . The complete set of all products a business offers to its market is its

Q123 . The traditional indirect channel of distribution involves a

Q124 . The last thing you should do to complete a successful job interview is

Q125 . Which of the following is a misleading advertising practice that is often regulated:

Q126 . Most countries with a postundustrial economy are

Q127 . Developing political relationships within a supermarket chain often involves

Q128 . Which of the following is a communications channel that food marketers use in sales promotion:

Q129 . One of the roles of ethics in finance is to encourage grocery-store employees to

Q130 . The accounting and finance function includes

Q131 . Salesperson can discover information about the competition by

Q132 . When using the cross-merchandising technique to prepare produce displays, what do supermarkets usually include in the display in addition to fresh produce?

Q133 . In the food-marketing industry, what is the primary goal of corporate promotion?

Q134 . Which of the following is a possible advantage to food marketers that bundle their products:

Q135 . One procedure that supermarket chains often establish to protect company information from computer crime is to require the use of

Q136 . One way that food marketers use environmental monitoring in the marketing planning process is to

Q137 . A business might find new uses for a food product in order to extend the item's life cycle when

Q138 . Today, personal selling is commonly used in

Q139 . What is one way that price stability indicates the condition of the economy?

Q140 . When researchers think it is necessary to find out how grocery-store employees interact with customers, they might decide that it is appropriate to use the _____________ research method.

Q141 . Which of the following is an important aspect of the food distribution system?

Q142 . When buyers and sellers have agreed on a value for a food product, they have established the

Q143 . Which of the following is a food security preventative measure that grocery stores might use:

Q144 . Which of the following is a rating scale that allows marketing researchers to determine respondents feelings:

Q145 . Fresh fruits and vegetables that supermarkets sell are required to have a _______________ label.

Q146 . Which of the following is one of the major responsibilties of environmental law:

Q147 . Participating in trade shows to communicate with target audiences often is an important part of a food marketer's

Q148 . Why do individuals often take aptitude tests and fill out self-assessment questionares?

Q149 . Developing a marketing-research brief helps a supermarket chain

Q150 . When a customer asks what a certain product is, a salesperson answers by pointing out its

Q151 . Business people must take criticiusms of marketing seriously because

Q152 . To make informed decision about the marketing mix, marketers need information about

Q153 . Which of the following is a major cut of meat from lamb:

Q154 . An example of a retail food-marketing business is a ____________________ store.

Q155 . In the food marketing industry, which of the following is an information network that is available to all businesses that want to participate:

Q156 . Supermarket chains that ask several vendors to submit prices before making a purchasing decision are managing the

Q157 . Which of the following is a factor that might influence some consumers to shop at specialty markets

Q158 . Which of the following is a benefit to a supermarket chain of orienting new employees

Q159 . In the food-marketing industry, an important aspect of marketing planning involves a(n)

Q160 . Consumer reactions to advertising and other mass communication techniques can be tracked throguh

Q161 . One of the functions of the implementation component of a supermarket's marketing plan is to

Q162 . The focus group is an example of what type of method that food-marketing researchers use to collect data?

Q163 . Legal considerations for finance often involve a specialty food store's use of

Q164 . What is the second lowest of the five levels of marketing employment

Q165 . A business might use routine decision-making when

Q166 . The most difficult purchasing situation occurs when

Q167 . Retrned and replacement products

Q168 . Which of the following is an example of products being sold indirectly to conumers:

Q169 . Consumer advocates often object when companies reduce the size of a package and keep the same price because

Q170 . Grocery stores usually develop classifications of products based on

Q171 . Some advertising costs are hidden because

Q172 . What is one of the functions of certain types of public-relations activities?

Q173 . A snack-food distributor requires a supermarket to carry products in order to obtain the product that the supermarket really wants.This is an example of an illegal activity called

Q174 . Marketing assists in international trade by

Q175 . One reason why it is important for cereal producers to understand the impact of the law of diminishing returns is to avoid

Q176 . Which of the following is a characteristic of debtor-creditor relationships: