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BU352 - Intro to Marketing Final Exam Marketing Management (Wilfrid Laurier University)

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BU352 - Intro to Marketing Final Exam Marketing Management (Wilfrid Laurier University)

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BU352 - Intro to Marketing
Final Exam


Marketing Management
(Wilfrid Laurier University)

,4/10/24, 10:10 PM BU352 - Intro to Marketing Final Exam

Name: Score:


128 Multiple choice questions

Definition 1 of 128
Groups of associated items, such as those that consumers use together or think of as parts of a
group of similar products.

Product lines

Geographic pricing

Persuasive advertising

Brand personality

Definition
2 of 128
A company objective based on the belief that increasing sales will help the firm more
than increasing profits.

product

competitor orientation

sales orientation

trading bloc

Definition
3 of
Occurs when two or more firms compete primarily by lowering their prices. 128


Price war

Channel conflict

Profit orientation

Trade sanctions




1/43

,4/10/24, 10:10 PM BU352 - Intro to Marketing Final Exam

Definition 4 of 128
The basic problem solving benefits that consumers are seeking.

Grey market

Service

Core customer value

Sales orientation

Definition 5 of 128
Designed to increase demand by focusing on wholesalers, distributors, or salespeople, who push
the product to consumers via distribution channels.

first movers

advertising

beta testing

push marketing strategy

Definition
6 of
Media that results from word-of-moth, buzz or publicity. 128


Brand personality

Cultural imperialism

Informative advertising

Earned media




2/43

, 4/10/24, 10:10 PM BU352 - Intro to Marketing Final Exam

Definition 7 of
128
The extent to which a person influences others.

Brand Personality

Brand Dilution

Influence

Extended Network

Definition
8 of 128
getting consumers into the store with a very low advertised price and then pressure them
into purchasing a higher priced item.

Bait and switch

Dumping

Product

Push marketing strategy

Definition
9 of
The setting of different prices depending on a geographical division of the delivery 128
areas.

Market penetration pricing

Private label brands

Price elasticity of demand

Geographic pricing




3/43

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