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Q17.  

Q18. The “percentage of sales” budgeting method is also known as zero-based budgeting. T or F

Q19. An intensive distribution strategy would be appropriate for a new automotive brand. T or F

Q20. It is always illegal for a marketer to discriminate in pricing among customers. T or F

Q12. Our willingness to accept or try a new idea or product is described as:

  • A.Observability
  • B.Adoption
  • C.Diffusion
  • D.Cognitive Dissonance

Q13. Which of the following IS NOT AN EXAMPLE of Survey Market research?

  • A.Telephone Interview D. Traffic Counter
  • B.Mall Intercept E. Focus Group
  • C.Internet Questionnaire

Q14. Which type of business philosophy is concerned with maximum output at the lowest cost:

  • A.Sales Orientation C. Social Marketing
  • BMarketing Concept D. Production orientation

Q15. An individual or organization’s willingness to give up something of value for something of equal or greater value is called ____________________?

  • A.Transactional Analysis
  • B.Exchange
  • C.Motivation
  • D.Obsolescence

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