PRINCIPLES OF MARKETING
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✓ This Exam contains: Principles of Marketing
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,Question 1
All of the following are primary roles of a sales manager except?
Correct Answer
finding new customers
Question 2
The significance of customer loyalty stems from...
Correct Answer
brand loyal customers typically exhibit less price sensitivity
Question 3
These are owned and managed by the manufacturer:
Correct Answer
national brands
Question 4
A company with strong ________ enjoys a strong asset:
Correct Answer
brand equity
Question 5
A firm can use its own corporate name to brand all its products. This is often referred to as:
Correct Answer
brand extension
Question 6
This entails placing two or more names on a product to take advantage of assets of both firms:
Correct Answer
co-branding
Question 7
Which of the following is a reason for the global strength of U.S. brands?
Correct Answer
social networking sites have been important tools in promoting American brands internationally
Question 8
How can a CSR audit lead to positive changes in the organization?
Correct Answer
monitors its performance from year to year?
Trusted by thousands of students and professionals worldwide Page 2 of 16
, Question 9
The 1997 United Nations report Our Common Future laid the groundwork for a modern understanding of
sustainability (T/F):
Correct Answer
false
Question 10
A type of environmental marketing activity that involves implementing massive changes across the organization is
often referred to as ____________
Correct Answer
(not quasi-strategic greening)
-
Question 11
Customer Value:
Correct Answer
the perceived benefits, both monetary and non-monetary, that a customer receives from a product compared with
the cost of obtaining it
Question 12
Supply Chain:
Correct Answer
the linked set of companies that perform or support the delivery of a company's goods or services to customers
Question 13
Logistics:
Correct Answer
the part of supply chain management that plans, implements, and controls the flow of goods, services, and
information between the point of origin and the final customer
Question 14
Production Orientation:
Correct Answer
a marketing strategy in which the firm focused on efficient processes and production to create quality products and
reduce unit costs
Question 15
Exchange:
Correct Answer
an activity that occurs when a buyer and seller trade things of value so that each is better off as a result
Trusted by thousands of students and professionals worldwide Page 3 of 16
100+ (Latest 2025-2026 Edition) 100%
Verified Q&A + Answer Key Solutions
100% Guarantee Pass
✓ This Exam contains: Principles of Marketing
✓ 100% Accurate Questions and Answers
✓ 100% Guarantee Pass - Verified by Experts
✓ Each Question Includes The Correct Answer
✓ Expert-Verified
Trusted by thousands of students and professionals worldwide Page 1 of 16
,Question 1
All of the following are primary roles of a sales manager except?
Correct Answer
finding new customers
Question 2
The significance of customer loyalty stems from...
Correct Answer
brand loyal customers typically exhibit less price sensitivity
Question 3
These are owned and managed by the manufacturer:
Correct Answer
national brands
Question 4
A company with strong ________ enjoys a strong asset:
Correct Answer
brand equity
Question 5
A firm can use its own corporate name to brand all its products. This is often referred to as:
Correct Answer
brand extension
Question 6
This entails placing two or more names on a product to take advantage of assets of both firms:
Correct Answer
co-branding
Question 7
Which of the following is a reason for the global strength of U.S. brands?
Correct Answer
social networking sites have been important tools in promoting American brands internationally
Question 8
How can a CSR audit lead to positive changes in the organization?
Correct Answer
monitors its performance from year to year?
Trusted by thousands of students and professionals worldwide Page 2 of 16
, Question 9
The 1997 United Nations report Our Common Future laid the groundwork for a modern understanding of
sustainability (T/F):
Correct Answer
false
Question 10
A type of environmental marketing activity that involves implementing massive changes across the organization is
often referred to as ____________
Correct Answer
(not quasi-strategic greening)
-
Question 11
Customer Value:
Correct Answer
the perceived benefits, both monetary and non-monetary, that a customer receives from a product compared with
the cost of obtaining it
Question 12
Supply Chain:
Correct Answer
the linked set of companies that perform or support the delivery of a company's goods or services to customers
Question 13
Logistics:
Correct Answer
the part of supply chain management that plans, implements, and controls the flow of goods, services, and
information between the point of origin and the final customer
Question 14
Production Orientation:
Correct Answer
a marketing strategy in which the firm focused on efficient processes and production to create quality products and
reduce unit costs
Question 15
Exchange:
Correct Answer
an activity that occurs when a buyer and seller trade things of value so that each is better off as a result
Trusted by thousands of students and professionals worldwide Page 3 of 16