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MKTG 351 chapter 15-20 Questions with Correct Answers | Updated (100% Correct Answers)

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MKTG 351 chapter 15-20 Questions with Correct Answers | Updated (100% Correct Answers)

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MKTG 351 chapter 15-20 Questions with Correct
Answers | Updated (100% Correct Answers)
Marketing Communications Answer: All communication that informs and

persuades buyers.


Promotion Answer: One of the four P's of the marketing mix; includes all

communication used to inform and persuade buyers.


Promotional Strategy Answer: A plan for the optimal use of all elements of

promotion to elicit a specific response.


Competitive Advantage Answer: A set of features and benefits that makes a

company's product better than competitors' offerings.


Promotional Mix Answer: The collection of promotional tools used by marketers

to communicate with buyers.


Advertising Answer: Impersonal, paid, mass communication that allows

marketers to reach large audiences.


Advertising Control Answer: Marketers have complete control over the

advertising message.


Advertising Cost Per Person Answer: Although advertising can be expensive, the

cost per person is relatively low.


Advertising Credibility Answer: Advertising tends to have lower credibility

because audiences know it is paid communication.


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,2
Public Relations Answer: Communication with customers, suppliers, employees,

and communities to create favorable publicity.


Publicity Answer: Exposure gained through media outlets rather than paid

advertising.


Media Relations Answer: Efforts to gain positive coverage through press releases

and media communication.


Public Relations Credibility Answer: PR is often trusted more because media

outlets control how the message is presented.


Sales Promotion Answer: Activities other than advertising and public relations

that promote sales.


Purpose of Sales Promotions Answer: To induce product trial, increase sales, or

reduce excess inventory.


Short-Term Orientation Answer: Sales promotions typically focus on immediate

results.


Coupons Answer: A sales promotion offering a price reduction.


Rebates Answer: A sales promotion that refunds part of the purchase price after

buying.


Discounts Answer: Temporary price reductions used to increase sales.


Sweepstakes Answer: A promotional activity offering chances to win prizes.




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, 3
Personal Selling Answer: In-person selling, often used for expensive or business-

to-business purchases.


Business Markets Answer: Markets where companies sell products or services to

other businesses.


Role of Advertising in Business Markets Answer: Used to inform customers early

in the purchase process.


Role of Personal Selling in Business Markets Answer: Used later to explain value,

negotiate, and close deals.


Sales Force Answer: Employees who represent the company and negotiate

transactions with customers.


Cost of Personal Selling Answer: High cost but justified by large transaction

sizes.


Social Media Answer: A promotional tool where consumers create, control, and

share content.


Shift in Control Answer: Marketing communication control has shifted partly

from marketers to consumers.


Passive Recipients Answer: Consumers are no longer passive receivers of

information due to social media.


Content Creation Answer: Consumers can create and share information with

others and marketers.



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