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MKTG 311 EXAM 2 BINGHAMTON QUESTIONS WITH CORRECT ANSWERS..

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MKTG 311 EXAM 2 BINGHAMTON QUESTIONS WITH CORRECT ANSWERS

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What is digital marketing?


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Promoting products using digital distribution channels.




What was the price elasticity of demand when a streaming service lowered its
subscription price?


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-1.33




What is required for integrated marketing communications?

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All communications must deliver a clear, consistent, and compelling
message.




What is referred to as 'clutter' in marketing?


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The saturation of advertisements.




What type of argument is effective for educated audiences?


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Two-sided




What are the three message structure issues?


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Whether to draw a conclusion, one-sided vs. two-sided argument, order of
argument presentation.




What should the selling price be for a latte with a variable cost of $2.50 and a 40%
markup?

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