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MKTG 5310 QUIZ 4 QUESTIONS AND ANSWERS| FULLY SOLVED

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MKTG 5310 QUIZ 4 QUESTIONS AND ANSWERS| FULLY SOLVED

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MKTG 5310 QUIZ 4 QUESTIONS AND ANSWERS| FULLY SOLVED



• Question 1
20 out of 20 points
Gabrielle is the chief marketing officer of Boyd Pharmaceuticals. She is meeting
with Trent, the chief financial officer to decide on the company's marketing
communications budget. After extensive discussions, they decide that the size of
the budget will be calculated as a fraction of the overall turnover. What method did
Gabrielle and Trent use to arrive at the marketing communications budget?
Selected
Answer:
percentage-of-sales method
Answers: competitive-parity method

percentage-of-sales method
activity-based method
objective-and-task method
affordable method


Which of the following characteristics is closely associated with late majority
adopter groups?
Selected
Answer:
high risk aversion
Answers: superior technological knowledge
deliberate pragmatism
opinion leadership

high risk aversion
low price sensitiveness


Personal influence in marketing communications carries great weight when
the .
Selected
Answer:
product suggests something about the user's status or taste
Answers: product or service in questions is used without being
recommended
by others
product being marketed is purchased on a frequent basis
purchase of the product is considered to be safe and risk-free

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