WGU D174 OBJECTIVE ASSESSMENT FINAL NEWEST
2026 ACTUAL EXAM TEST BANK| D174 MARKETING
MANAGEMENT OA FINAL REVIEW WITH 250 REAL
EXAM QUESTIONS AND CORRECT VERIFIED
ANSWERS/ ALREADY GRADED A+ (MOST RECENT!!)
A company is engaged in direct foreign investments despite the
complexity of the international contracts required to arrange the
interactions. Which type of risk has been assumed by this company?
A. Legal issues
B. Brand recognition
C. Supplier
D. Human resources – Correct Answer - Legal issues
A company based in the United States wants to enter a foreign market by
supplying its products, systems, services, and management expertise to a
foreign partner. The foreign partner agrees and will pay the U.S.
company for the right to sell its products and use its services. Which
type of market entry strategy is the U.S. company using?
A. Foreign direct investment
B. Franchising
C. Exporting
D. Joint venture – Correct Answer - Franchising
An organization has a market opportunity in two countries. The
organization's team assesses the differences in the local customers'
perceptions of the organization's products while making expansion
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decisions. Which type of information is the organization assessing in
these global markets?
A. Cultural
B. Business environment
C. Political
D. Economic – Correct Answer - Cultural
Countries with a shared language have formed a regional market zone.
The individuals who encouraged the initiative are hoping a specific
macro factor will support cooperation among the member countries.
Which regional market zone force does this describe?
A. Economic environment
B. Cultural similarities
C. Political climate
D. Geographic proximity – Correct Answer - Cultural similarities
An organic dairy company's marketing plan states that the company
seeks to target an older customer base. At which planning level has the
statement been written?
A. Basic
B. Strategic
C. Dynamic
D. Tactical – Correct Answer - Strategic
Which type of marketing utility is demonstrated by a computer
manufacturer offering customers a wide range of tablet products?
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A. Place
B. Form
C. Ownership
D. Time – Correct Answer - Form
A beverage manufacturer is the industry leader, but in the past year it
lost 3% of its market share. It launches a promotional contest to regain
customers. Which of Porter's five forces is this an example of?
A. Power of suppliers
B. Competition in the industry
C. Power of customers
D. Threat of substitute products – Correct Answer - Competition in the
industry
A beverage manufacturer with a small share of the market cuts prices on
all products by 15%. Which of Porter's five forces is this an example of?
A. Power of suppliers
B. Competition in the industry
C. Power of customers
D. Threat of substitute products – Correct Answer - Competition in the
industry
An organic cosmetics company's patent on one of its top-selling
products is about to expire, and competitors will now be able to use the
same formula in their own products. Which of Porter's five forces is this
an example of?
A. Power of customers
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B. Power of suppliers
C. Competition in the industry
D. Potential of new entrants in the industry – Correct Answer - Potential
of new entrants in the industry
A brick-and-mortar drug store has shifted its position from a retailer to a
service-based company. It now offers its customers the ability to pick up
prescriptions through a drive-through. This convenient pickup feature
has attracted new customers and generated more revenue. Which
element of the marketing mix impacts this strategy?
A. Product
B. Purchasing
C. Place
D. Price – Correct Answer - Place
An innovative gaming company regularly conducts user experience
research that is used to enhance the game design and updates. The
gaming company recognizes that users or gamers say one thing but in
practice play differently. If the gaming company would like to get
reliable information about how gamers play their game, which type of
research should be conducted?
A. Statistical
B. Survey
C. Quantitative
D. Observational – Correct Answer - Observational
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