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kotlerchapter3
Chapter3AnalyzingtheMarketingEnvironment
1)Youaredirectedtostudytheactorsclosetothecompanythataffectitsabilitytoserveitscustomers-departmentswithinthecompany,suppliers,marketingintermediaries,customermarkets,competitors,andpublics.Whatareyoustudying?
A)themacroenvironment
B)themicroenvironment
C)themarketingenvironment
D)thedemographicenvironment
E)theglobalenvironment
Answer:
B
Diff:
1PageRef:
66
Skill:
Concept
Objective:
3-1
2)Whichofthefollowingtermsisusedtodescribethefactorsandforcesoutsidemarketingthataffectmarketingmanagement'sabilitytobuildandmaintainsuccessfulrelationshipswithtargetcustomers?
A)themarketingenvironment
B)theculturalenvironment
C)strategicplanning
D)targetmarkets
E)themarketingmix
Answer:
A
Diff:
1PageRef:
66
Skill:
Concept
Objective:
3-1
3)Youaredirectedtostudythedemographic,economic,natural,technological,political,andculturalfactorsthatarelargersocietalforcesaffectingyourcompany.Whatareyoustudying?
A)themacroenvironment
B)themicroenvironment
C)theexternalenvironment
D)themarketingmix
E)theglobalenvironment
Answer:
A
Diff:
1PageRef:
66
Skill:
Concept
Objective:
3-1
4)WhichofthefollowingisNOTatypeoffactorinacompany'smacroenvironment?
A)demographic
B)economic
C)technological
D)competitive
E)political
Answer:
D
Diff:
1PageRef:
66
Skill:
Concept
Objective:
3-1
5)Allofthegroupswithinacompanyarecalledthe________.
A)culture
B)diversity
C)internalenvironment
D)climate
E)range
Answer:
C
Diff:
2PageRef:
67
Skill:
Concept
Objective:
3-1
6)Whichtypeoforganizationhelpscompaniestostockandmovegoodsfromtheirpointsoforigintotheirdestination?
A)financialintermediaries
B)physicaldistributionfirms
C)marketingservicesagencies
D)resellers
E)suppliers
Answer:
B
Diff:
1PageRef:
68
Skill:
Concept
Objective:
3-1
7)Banks,creditcompanies,insurancecompanies,andotherbusinessesthathelpfinancetransactionsorinsureagainsttherisksassociatedwiththebuyingandsellingofgoodsandservicesarereferredtoas________.
A)financialintermediaries
B)physicaldistributionfirms
C)marketingservicesagencies
D)resellers
E)wholesalers
Answer:
A
Diff:
1PageRef:
68
Skill:
Concept
Objective:
3-1
8)Currently,DiegoCalabresaisemployedbyafirmthatconductsmarketingresearchandcreatesadsforothercompaniesthathelpthemtargetandpromotetheirproductstotherightmarkets.WhoisDiego'semployer?
A)afinancialintermediary
B)aphysicaldistributionfirm
C)amarketingserviceagency
D)areseller
E)agreenmarketer
Answer:
C
Diff:
2PageRef:
68
Skill:
Concept
Objective:
3-1
9)A________isdefinedasanygroupthathasanactualorpotentialinterestin,orimpacton,anorganization'sabilitytoachieveitsobjectives.
A)team
B)competitor
C)market
D)public
E)intermediary
Answer:
D
Diff:
1PageRef:
69
AACSB:
Communication
Skill:
Concept
Objective:
3-1
10)WhichofthefollowingisNOTanexampleofthetypeofpublicthatispartofacompany'smarketingenvironment?
A)financial
B)media
C)government
D)citizen-action
E)marketingdepartment
Answer:
E
Diff:
1PageRef:
69
AACSB:
Communication
Skill:
Concept
Objective:
3-1
11)Aradiostationthatcarriesnews,features,andeditorialopinionsaboutyourareaiswhichtypeofpublic?
A)financial
B)media
C)citizen-action
D)local
E)government
Answer:
B
Diff:
1PageRef:
69
AACSB:
Communication
Skill:
Concept
Objective:
3-1
12)Aconsumerorganization,environmentalgroup,orminoritygrouphaschallengedyourfirm'sstandonalocalissue.Yourfirmisbeingchallengedbya________public.
A)local
B)general
C)government
D)citizen-action
E)media
Answer:
D
Diff:
1PageRef:
69
AACSB:
ReflectiveThinking
Skill:
Concept
Objective:
3-1
13)Workers,managers,andmembersoftheboardareallpartofacompany's________public.
A)general
B)internal
C)local
D)intermediary
E)market
Answer:
B
Diff:
1PageRef:
69
Skill:
Concept
Objective:
3-1
14)PercyOriginalcaterstoamarketofindividualsandhouseholdsthatbuysgoodsandservicesforpersonalconsumption.PercyOriginalcaterstoa________market.
A)business
B)reseller
C)government
D)consumer
E)marketingintermediary
Answer:
D
Diff:
2PageRef:
69
Skill:
Concept
Objective:
3-1
15)Whichtypeofmarketbuysgoodsandservicesforfurtherprocessingorforuseintheproductionprocess?
A)business
B)reseller
C)wholesale
D)consumer
E)retail
Answer:
A
Diff:
2PageRef:
69
Skill:
Concept
Objective:
3-1
16)Whichtypeofmarketbuysgoodsandservicestoproducepublicservicesortotransferthemtootherswhoneedthem?
A)government
B)reseller
C)wholesale
D)consumer
E)retail
Answer:
A
Diff:
1PageRef:
69
Skill:
Concept
Objective:
3-1
17)RachelPatinoworksforawholesalecompanycalledDistributorsUnlimited.Sheisresponsibleforbuyingandsellinggoodsataprofittosmallretailers.Whatishermarket?
A)business
B)reseller
C)wholesale
D)consumer
E)retail
Answer:
B
Diff:
1PageRef:
69
Skill:
Concept
Objective:
3-1
18)Yourmarketingdepartmentiscurrentlyresearchingthesize,density,location,age,andoccupationsofyourtargetmarket.Whichenvironmentisbeingresearched?
A)demographic
B)psychographic
C)economic
D)geographic
E)cultural
Answer:
A
Diff:
1PageRef:
70
Skill:
Concept
Objective:
3-2
19)ThethreelargestgenerationalgroupsinAmericaarethebabyboomers,GenerationXers,and________.
A)seniors
B)Millennials
C)teens
D)tweens
E)toddlers
Answer:
B
Diff:
1PageRef:
71
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
20)Asagroup,________arethemostaffluentAmericans.
A)babyboomers
B)GenerationXers
C)theMillennials
D)echoboomers
E)seniors
Answer:
A
Diff:
2PageRef:
71
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
21)ResearchhasshownthatthemostimportantdemographictrendintheUnitedStatesisthe________.
A)changingagestructureofthepopulation
B)mobilityoffamilies
C)slowingbirthrate
D)increasingnumberofprofessionaljobs
E)agingpopulation
Answer:
A
Diff:
3PageRef:
71
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
22)Theyoungestofthebabyboomersarenowintheir________.
A)late20s
B)mid-20s
C)mid-40s
D)early50s
E)early60s
Answer:
C
Diff:
2PageRef:
71
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
23)Whichofthefollowingdescriptionsmostaccuratelycharacterizesthebabyboomers?
A)Theyareincreasinglylikelytoretireearly.
B)Theyareashrinkingmarketfornewhousingandhomeremodeling.
C)Theyarepasttheirpeakearningandspendingyears.
D)Theyhold75%ofthecountry'sassets.
E)Theyareuninterestedinadaptingnewtechnologies.
Answer:
D
Diff:
2PageRef:
71
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
24)WhichofthefollowingdescriptionsmostaccuratelycharacterizesGenXers?
A)TherearemoreGenXersthanMillennials.
B)Theywerethefirstgenerationoflatchkeykids.
C)Theygrewupduringtimesofgreateconomicgrowth.
D)Theyaremoreinterestedinacquiringgoodsthanhavingexperiences.
E)Theyrarelyresearchaproductbeforepurchasingit.
Answer:
B
Diff:
2PageRef:
72
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
25)Whichdemographicgroupisalsoreferredtoastheechoboomers?
A)GenerationX
B)Millennials
C)GenerationZ
D)babyboomers
E)babybusters
Answer:
B
Diff:
2PageRef:
74
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
26)Largetweenandteenmarketsbelongtowhichdemographicgroup?
A)GenerationX
B)Millennials
C)babybusters
D)babyboomers
E)GenerationZ
Answer:
B
Diff:
1PageRef:
74
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
27)WhichofthefollowingdescriptionsmostaccuratelycharacterizesMillennials?
A)Theyarechildrenofbabyboomers.
B)TheyarelessethnicallydiversethanGenXers.
C)Theyhavereachedtheirpeakearningandspendingyears.
D)Theywereoncelabeled"theMTVgeneration."
E)Theyhavegraduatedfromcollegeandaretakingoverpositionsofpowerinthebusinessworld.
Answer:
A
Diff:
2PageRef:
74
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
28)Whichdemographicgroupischaracterizedbyatotalfluencyandcomfortwithcomputer,digital,andInternettechnology?
A)GenerationX
B)Millenials
C)theelderly
D)GenerationZ
E)babyboomers
Answer:
B
Diff:
1PageRef:
74
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
29)WhichofthefollowingdemographicgroupshasNOTseenapercentageincreaseinthepast50years?
A)womenstayingathomewiththeirchildren
B)menstayingathomewiththeirchildren
C)nontraditionalhouseholds
D)nonfamilyhouseholds
E)womenworkingoutsideofthehome
Answer:
A
Diff:
3PageRef:
75-76
AACSB:
MulticulturalandDiversity
Skill:
Concept
Objective:
3-2
30)AmeripriseFinancialhaspublishedaDreamBookguide,oneofthefirststepsintheirDream>Plan>Trackapproachtofinancialplanning,aspartoftheirstrategytoattract________ascustomers.
A)babyboomers
B)GenXers
C)echoboomers
D)Millennials
E)professionals
Answer:
A
Diff:
2PageRef:
73
Skill:
Concept
Objective:
3-2
31)"Dreamsdon'tretire"isthethemeofa(n)________marketingcampaignaimedatbabyboomers.
A)financialservices
B)anti-agingproducts
C)travelandentertainment
D)fitn