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2025 GB 350 Final Exam from the University of Mississippi (Ole Miss) with Professor Casico, featuring 300 accurate and verified questions covering marketing principles, consumer behavior, market strategy, and branding.

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2025 GB 350 Final Exam from the University of Mississippi (Ole Miss) with Professor Casico, featuring 300 accurate and verified questions covering marketing principles, consumer behavior, market strategy, and branding.

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2025 GB 350
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Uploaded on
May 27, 2025
Number of pages
76
Written in
2024/2025
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Exam (elaborations)
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2025 GB 350 Final Exam from the
University of Mississippi (Ole Miss)
with Professor Casico, featuring
300 accurate and verified questions
covering marketing principles,
consumer behavior, market
strategy, and branding.




Magic makers sell Childress magician kits. Each magic kit comes with paper


instructions and how to guides for magic tricks to help customers make the


most of their experience with the company's products. Customers can also


watch magic makers YouTube videos to see magic trick demonstrations.

,2|Page


Magic makers is trying to optimize what customer process?


......answer.....Advocacy




Many Amazon sellers offer two different ways for customers to purchase


products: a one time purchase or a monthly subscription at a discounted


rate. What customer stage would the subscription option be seeking to


optimize? ......answer.....Retention




Which of the following is an overall goal of marketing? Please select all that


apply ......answer.....-exchange value


-meet organizational objectives




The dyrt offers a campground finder app for avid campers. The company


focuses on determining and optimizing what app features matter the most to

,3|Page


their users. In addition, the founder, Sara smith, offers $400 bonuses per


quarter to any employee who uses the app and provides a field report with


recommendations for optimizing the user experience. What kind of


orientation/philosophy does Dyrt have? ......answer.....Societal marketing




Vivint is a company that sells solar panels for home energy sourcing and


management. Over the past few years, customers complained that the


company's salespeople were engaging in aggressive promotion to sell the


products instead of truly helping customers. For example, vivint sold a 25


year old solar panel contract to a 91 year old woman who died a month after


the contract was signed. What type of orientation/philosophy do these


complaints describe? ......answer.....Sales




Companies with production orientation/philosophies tend to focus on what


they do well instead of considering customer preferences. ......answer.....False

, 4|Page




Which of the following is an obstacle that organizations with societal


ordinations might face? Select all that apply ......answer.....Meeting customer


performance expectations, justifying premium prices




Organizations who win the prestigious baldrige award are recognized for


approaching marketing with a __________ perspective ......answer.....Total


business




A clothing store employee is helping a customer choose a professional outfit


for an upcoming interview. While talking about the items she recommends,


the employee focuses on the benefits that customer can get from wearing the


outfit-not worrying about wrinkled clothing and being able to wear it during


any weather season- instead of simply listing product features- material type

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