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Exam (elaborations)

TEST BANK Marketing Management (4th Ed) By Johnston; Marshall| All 14 Chapters Covered

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TEST BANK Marketing Management (4th Ed) By Johnston; Marshall| All 14 Chapters Covered

Institution
Mrketing Management 4th Edition Marshall
Course
Mrketing Management 4th Edition Marshall











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Written for

Institution
Mrketing Management 4th Edition Marshall
Course
Mrketing Management 4th Edition Marshall

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Uploaded on
February 7, 2025
Number of pages
842
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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Content preview

TEST BANK FOR hi hi



Marketing Management 4th EditionMark Johnston Greg Marshall
hi hi hi hi hi hi




Chapter 1 hi




Student name: hi



TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


1) A commonly held misconception about marketing is that it is all about advertising and
hi hi hi hi hi hi hi hi hi hi hi hi hi hi


selling.
1) hi


⊚ h i true
⊚ h i false

Question Details hi


AACSB : Analytical Thinking Accessib
hi hi hi hi


ility : Keyboard Navigation
hi hi hi



Version 1 hi 1

,Learning Objective : 01-hi hi hi


01 Identify typical misconceptions about marketing, why they persist, and the Topic : Marketing and Mar
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


keting Management Defined
hi hi


Bloom's : Remember Diffi
hi hi hi


culty : 1 Easy Gradable :
hi hi hi hi hi hi


automatic
Source : Chapter 01 Test Bank > TF Qu. 01 A commonly held misconception about marketin...
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi




2) Marketing is relevant only to people in the organization who work directly in the marketing
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department.
2) hi


⊚ h i true
⊚ h i false

Question Details hi


AACSB : Analytical Thinking Accessib
hi hi hi hi


ility : Keyboard Navigation Bloom's : U
hi hi hi hi hi hi


nderstand
Difficulty : 2 Medium hi hi hi


Learning Objective : 01-hi hi hi


01 Identify typical misconceptions about marketing, why they persist, and the Topic : Marketing and Mar
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


keting Management Defined
hi hi


Gradable : automatic hi hi


Source : Chapter 01 Test Bank > TF Qu. 02 Marketing is relevant only to people in the ...
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi




Version 1 hi 2

,3) The American Marketing Association defines marketing as “the activity, set of institutions,
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and processes for creating, communicating, delivering, and exchanging offerings that have
hi hi hi hi hi hi hi hi hi hi



value for customers, clients, partners, and society at large.”
hi hi hi hi hi hi hi hi hi



3) hi


⊚ h i true
⊚ h i false

Question Details hi


AACSB : Analytical Thinking Accessib
hi hi hi hi


ility : Keyboard Navigation
hi hi hi


Topic : Marketing and Marketing Management Defined
hi hi hi hi hi hi h


Bloom's : Remember
i hi hi


Difficulty : 1 Easy hi hi hi


Learning Objective : 01- hi hi hi


02 Define what marketing and marketing management really are and how they con Gradable : automatic
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


Source : Chapter 01 Test Bank > TF Qu. 03 The American Marketing Association defines m...
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


4) Peter Drucker stated that since it is the customer who defines value, the business enterprise
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has only two business functions: marketing and innovation.
hi hi hi hi hi hi hi



4) hi


⊚ h i true
⊚ h i false

Question Details hi


AACSB : Analytical Thinking Accessib
hi hi hi hi


ility : Keyboard Navigation Bloom's : R
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emember
Difficulty : 1 Easy hi hi hi


Topic : The Concept of Customer Value
hi hi hi hi hi hi


Learning Objective : 01- hi hi hi


02 Define what marketing and marketing management really are and how they con Gradable : automatic
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


Source : Chapter 01 Test Bank > TF Qu. 04 Peter Drucker stated that since it is the cu...
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


5) Sustainability refers to business practices that prolong the life cycle of a product.
hi hi hi hi hi hi hi hi hi hi hi hi



5) hi


⊚ true h i



⊚ false h i




Question Details hi


Accessibility : Keyboard Navigation Blo hi hi hi hi


om's : Understand
hi hi


Difficulty : 2 Medium hi hi hi


Topic : Marketing and Marketing Management Defined
hi hi hi hi hi hi


Learning Objective : 01- hi hi hi


02 Define what marketing and marketing management really are and how they con AACSB : Ethics
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


Gradable : automatic hi hi


Source : Chapter 01 Test Bank > TF Qu. 05 Sustainability refers to business practices ...
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi




Version 1 hi 3

, 6) Firms that are stuck in a production orientation mentality likely will have great difficulty
hi hi hi hi hi hi hi hi hi hi hi hi hi hi


competing successfully for customers. hi hi hi



6) hi


⊚ h i true
⊚ h i false

Question Details hi


AACSB : Analytical Thinking Accessib
hi hi hi hi


ility : Keyboard Navigation Bloom's : U
hi hi hi hi hi hi


nderstand
Difficulty : 2 Medium hi hi hi


Learning Objective : 01-hi hi hi


03 Appreciate how marketing has evolved from its early roots to be practiced Topic : The Evolution
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


of Marketing
hi


Gradable : automatic hi hi


Source : Chapter 01 Test Bank > TF Qu. 06 Firms that are stuck in a production orienta...
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi



\hen Henry Ford said, “People can have the Model T in any color—
hi hi hi hi hi hi hi hi hi hi hi hi



so long that it’s black,” he was reflecting a sales orientation.
hi hi hi hi hi hi hi hi hi hi



6) hi


⊚ h i true
⊚ h i false

Question Details hi


AACSB : Analytical Thinking Accessib
hi hi hi hi


ility : Keyboard Navigation Bloom's : U
hi hi hi hi hi hi


nderstand
Difficulty : 2 Medium hi hi hi


Learning Objective : 01-hi hi hi


03 Appreciate how marketing has evolved from its early roots to be practiced Topic : The Evolution
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


of Marketing
hi


Gradable : automatic hi hi


Source : Chapter 01 Test Bank > TF Qu. 07 When Henry Ford said, “People can have...
hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi hi


7) Don Peppers and Martha Rogers popularized the term one-to-
hi hi hi hi hi hi hi hi


one marketing. Some firms come close to one-to-
hi hi hi hi hi hi hi


one marketing by combining flexible manufacturing with flexible marketing to enhance
hi hi hi hi hi hi hi hi hi hi hi


customer choices. hi



7) hi


⊚ h i true
⊚ h i false




Version 1 hi 4

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