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Test bank for Essentials of Marketing, 16th Edition by William Perreault | 9780072299427 |All chapters included | Questions and Correct answers Graded A+ | LATEST

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Test bank for Essentials of Marketing, 16th Edition by William Perreault | 9780072299427 |All chapters included | Questions and Correct answers Graded A+ | LATEST

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,Essentials of Marketing, 16e (Perreault) B
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onus Test Bank 01
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1) Implementation puts plans into operation, while control provides feedback.
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Answer: TRUE l p


Explanation: Successful marketing requires efficient implementation and control.
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Implementation puts plans into operation, and control provides feedback Difficult
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y: 1 Easy
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Topic: Good Plans Set the Framework for Implementation and Control
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Learning Objective: BC01-
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01 understand how information technology speeds up feedback for better implementation and co
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ntrol.
Bloom's: Remember AACS l p l p


B: Reflective Thinking
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2) Although marketing information can be gathered quickly, it is impossible to analyze and
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utilize the information in real time.
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Answer: FALSE l p


Explanation: Information can be gathered quickly, and it can also be analyzed quickly. Marketi
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ng analytics can often happen in real time—while an event is happening.
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1
Copyright 2019 © McGraw- lp lp lp

Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGra
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w-Hill Education.

,Difficulty: 1 Easy lp lp


Topic: Speed Up Information for Better Implementation and Control
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Learning Objective: BC01- lp l p


01 understand how information technology speeds up feedback for better implementation and co
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ntrol.
Bloom's: Remember AACS l p l p


B: Reflective Thinking
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Accessibility: Keyboard Navigation l p lp




3) The use of metrics and analytical tools allow marketing managers to make timely adjustments
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to their marketing strategies.
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Answer: TRUE l p


Explanation: To more effectively implement and control marketing strategies, marketing mana
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gers must take advantage of technology that gives them more information, more often. Metrics a
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nd analytical tools can provide marketing managers with frequent and timely information, whic
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h they can use to adjust their marketing strategies.
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Difficulty: 1 Easy lp lp


Topic: Speed Up Information for Better Implementation and Control
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Learning Objective: BC01- lp l p


01 understand how information technology speeds up feedback for better implementation and co
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ntrol.
Bloom's: Remember AA l p lp


CSB: Technology l p


Accessibility: Keyboard Navigation l p lp




2
Copyright 2019 © McGraw- lp lp lp

Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGra
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w-Hill Education.

, 4) The ideal of doing things better, faster, and at lower cost is easy to implement once it is
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accepted.
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Answer: FALSE l p


Explanation: The ideal of doing things better, faster, and at lower cost is easy to accept. But in
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practice implementation is often complicated by trade-offs among the three objectives.
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Difficulty: 1 Easy lp lp


Topic: Effective Implementation Means that Plans Work as Intended
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Learning Objective: BC01- lp l p


02 know why effective implementation is critical to customer satisfaction and profits.
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Bloom's: Remember AACS l p l p


B: Reflective Thinking
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Accessibility: Keyboard Navigation l p lp




5) Implementing a strategy is straightforward; there are usually only a limited number of ways
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things can go wrong.
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Answer: FALSE l p


Explanation: There are thousands of ways that a plan or its implementation can go astray. Implementi
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ng a strategy is a complicated process and requires constant monitoring.
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Difficulty: 1 Easy lp lp


Topic: Effective Implementation Means that Plans Work as Intended
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Learning Objective: BC01- lp l p


02 know why effective implementation is critical to customer satisfaction and profits.
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Bloom's: Remember AACS l p l p


B: Analytical Thinking
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Accessibility: Keyboard Navigation l p lp




6) Traditional accounting reports are usually too general to be of much help to the marketing
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manager in controlling marketing plans.
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Answer: TRUE l p


Explanation: Unfortunately, traditional accounting reports are usually too general to be much he
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lp in answering these questions. A company may be showing a profit, while 80 percent of its bus
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iness comes from only 20 percent of its products—
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or customers. The other 80 percent may be unprofitable. But without special analyses, managers
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won't know it. lp lp


Difficulty: 1 Easy lp lp


Topic: Control Provides Feedback to Improve Plans and Implementation
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Learning Objective: BC01- lp l p


02 know why effective implementation is critical to customer satisfaction and profits.
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Bloom's: Remember AACS l p l p


B: Analytical Thinking
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Accessibility: Keyboard Navigation l p lp




3
Copyright 2019 © McGraw- lp lp lp

Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGra
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w-Hill Education.

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