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ADMN 400 Study Plan – Marketing, Segmentation, and Business Environment

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Description: This study plan compiles ADMN 400 exam questions with correct answers, focusing on marketing mix, segmentation, and external environments. Key areas include geographic and demographic segmentation, relationship marketing, public relations, and product differentiation. A concise yet complete resource for exam success. A retail store increases its hours of operation so that it is open from 9:00 a.m. until 9:00 p.m. Monday through Friday, and 9:00 a.m. until 6:00 p.m. on Saturday and Sunday. Which form of utility does this represent? - answerTime In response to growing consumer demand for environmentally friendly products, a retailer of men's clothing offers a selection of vegan and leather-free footwear and carries only items that meet a strict set of environmental standards. This would BEST reflect which element of the company's external environment? - answerSociocultural environment Exciting Electronics, Inc. provides options for its customers. Its products can be purchased online or at retail stores. What is Exciting Electronics providing? - Page1 answerPlace utility For every $100 Jason spends each month on groceries at his favorite store, he receives 10 cents off a gallon of gas, so Jason often will drive out of his way to shop at this store. This is an example of ________. - answerRelationship marketing A company stops using a celebrity in its ads because he was reported to have made offensive racial comments. This is an example of how the ________ environment affects marketing. - answerSociocultural All cell phone companies have similar products, so their advertising focuses on convincing potential customers of the benefits their products offer. What are these companies facing? - answerBrand competition The element of the marketing mix that includes personal selling, publicity and public relations, and direct or interactive marketing is _______. - answerPromotion

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ADMN 400 Study Plan – Marketing, Segmentation, and

Business Environment


Description:

This study plan compiles ADMN 400 exam questions with correct answers, focusing

on marketing mix, segmentation, and external environments. Key areas include

geographic and demographic segmentation, relationship marketing, public

relations, and product differentiation. A concise yet complete resource for exam

success.



A retail store increases its hours of operation so that it is open from 9:00 a.m. until

9:00 p.m. Monday through Friday, and 9:00 a.m. until 6:00 p.m. on Saturday and

Sunday. Which form of utility does this represent? - answer✔✔Time In response

to growing consumer demand for environmentally friendly products, a retailer of

men's clothing offers a selection of vegan and leather-free footwear and carries only

items that meet a strict set of environmental standards. This would BEST reflect

which element of the company's external environment? - answer✔✔Sociocultural

environment Exciting Electronics, Inc. provides options for its customers. Its products

can be purchased online or at retail stores. What is Exciting Electronics providing? -
1
Page

, answer✔✔Place utility For every $100 Jason spends each month on groceries at

his favorite store, he receives 10 cents off a gallon of gas, so Jason often will drive

out of his way to shop at this store. This is an example of ________. -

answer✔✔Relationship marketing A company stops using a celebrity in its ads

because he was reported to have made offensive racial comments. This is an

example of how the ________ environment affects marketing. -

answer✔✔Sociocultural All cell phone companies have similar products, so their

advertising focuses on convincing potential customers of the benefits their products

offer. What are these companies facing? - answer✔✔Brand competition The

element of the marketing mix that includes personal selling, publicity and public

relations, and direct or interactive marketing is _______. - answer✔✔Promotion

The marketing mix is comprised of which four basic components? -

answer✔✔Product, pricing, place, and promotion Inventory control and

transportation options are part of which of the four "Ps" of marketing? -

answer✔✔Place Custom Cosmetics is offering a free gift with any purchase of $25

or more. This is an example of ________. - answer✔✔Sales promotion Employees

of Magnificent Manufacturing are spending the weekend restoring a home for a local

family in need. The company and some of its vendors have provided all the necessary

materials and company employees will make the repairs. Magnificent Manufacturing

has written a news release and sent it to the local television stations and
2




newspapers. This is an example of ________. - answer✔✔Public relations A
Page

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