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Exam (elaborations)

Test Bank For Marketing Management 4th Edition ( Authors: Greg Marshall, Mark Johnston) -2025| All Chapters 1-14| Latest Edition

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Test Bank For Marketing Management 4th Edition ( Authors: Greg Marshall, Mark Johnston) -2025| All Chapters 1-14| Latest Edition Test Bank For Marketing Management 4th Edition ( Authors: Greg Marshall, Mark Johnston) -2025| All Chapters 1-14| Latest Edition Test Bank For Marketing Management 4th Edition ( Authors: Greg Marshall, Mark Johnston) -2025| All Chapters 1-14| Latest Edition Test Bank For Marketing Management 4th Edition ( Authors: Greg Marshall, Mark Johnston) -2025| All Chapters 1-14| Latest Edition

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TEST BANK FOR C C




Marketing Management 4thEditionMark JohnstonGreg Marshall
C C vf C C




Chapter1 C




Studentname: C




TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false.
C C C C C C C C C C C C C C C




1) Acommonly held misconceptionabout marketing is that it is allabout advertising and
C C C C C C C C C C C C C




selling.
C




1) C




⊚ true
⊚ false

Question Details C




AACSB : Analytical Thinking
C C C




CAccessibility: Keyboard Navigation C C C




Learning Objective : 01-01 Identify typical misconceptions about marketing, why they persist, and the
C C C C C C C C C C C C C




CTopic : Marketing and Marketing Management Defined
C C C C C C




Bloom's: RememberC C




CDifficulty : 1 Easy C C C




CGradable : automatic C C




Source : Chapter 01 Test Bank > TF Qu. 01 A commonlyheld misconception about marketin...
C C C C C C C C C C C C C C C




2) Marketing is relevant onlyto people in the organization who work directlyin the marketing
C C C C C C C C C C C C C




department.
C




2) C




⊚ true
⊚ false

Question Details C




AACSB : Analytical Thinking
C C C




CAccessibility: Keyboard Navigation C C C




CBloom's : Understand C C




Difficulty : 2 Medium C C C




Learning Objective : 01-01 Identify typical misconceptions about marketing, why they persist, and the
C C C C C C C C C C C C C




CTopic : Marketing and Marketing Management Defined
C C C C C C




Gradable : automatic C C




Source : Chapter 01 Test Bank > TF Qu. 02 Marketing is relevant onlyto people in the ...
C C C C C C C C C C C C C C C C C C




Version 1 C 1

,3) The American Marketing Association defines marketing as “the activity, set of institutions,
C C C C C C C C C C C




Cand processes for creating, communicating, delivering, and exchanging offerings that have
C C C C C C C C C C




Cvalue for customers, clients, partners, and society at large.”
C C C C C C C C




3) C




⊚ true
⊚ false

Question Details C




AACSB : Analytical Thinking
C C C




CAccessibility: Keyboard Navigation C C C




Topic : Marketing and Marketing Management Defined
C C C C C C




CBloom's : Remember C C




Difficulty : 1 Easy C C C




Learning Objective : 01-02 Define what marketing and marketing management really are and how they con
C C C C C C C C C C C C C C C




CGradable : automatic C C




Source : Chapter 01 Test Bank > TF Qu. 03 The American Marketing Association defines m...
C C C C C C C C C C C C C C C




4) Peter Drucker stated that since it is the customer who defines value, the business enterprise has
C C C C C C C C C C C C C C C




Conly two business functions: marketing and innovation.
C C C C C C




4) C




⊚ true
⊚ false

Question Details C




AACSB : Analytical Thinking
C C C




CAccessibility: Keyboard Navigation C C C




CBloom's : Remember C C




Difficulty : 1 Easy C C C




Topic : The Concept of Customer Value
C C C C C C




Learning Objective : 01-02 Define what marketing and marketing management really are and how they con
C C C C C C C C C C C C C C C




CGradable : automatic C C




Source : Chapter 01 Test Bank > TF Qu. 04 Peter Drucker stated that since it is the cu...
C C C C C C C C C C C C C C C C C C




5) Sustainabilityrefers to business practices that prolong the life cycle ofa product. C C C C C C C C C C C




5) C




⊚ true
⊚ false

Question Details C




Accessibility: Keyboard Navigation C C C




CBloom's : Understand C C




Difficulty : 2 Medium C C C




Topic : Marketing and Marketing Management Defined
C C C C C C




Learning Objective : 01-02 Define what marketing and marketing management really are and how they con
C C C C C C C C C C C C C C C




CAACSB : Ethics C C




Gradable : automatic C C




Source : Chapter 01 Test Bank > TF Qu. 05 Sustainabilityrefers to business practices ...
C C C C C C C C C C C C C C C




Version 1 C 2

,6) Firms that are stuck in a production orientation mentalitylikelywill have great difficulty
C C C C C C C C C C C C C




competing successfully for customers.
C C C C




6) C




⊚ true
⊚ false

Question Details C




AACSB : Analytical Thinking
C C C




CAccessibility: Keyboard Navigation C C C




CBloom's : UnderstandC C




Difficulty : 2 Medium C C C




Learning Objective : 01-03 Appreciate how marketing has evolved from its early roots to be
C C C C C C C C C C C C C C




Cpracticed Topic : The Evolution of Marketing
C C C C C C




Gradable : automatic C C




Source : Chapter 01 Test Bank > TF Qu. 06 Firms that are stuck in a production orienta...
C C C C C C C C C C C C C C C C C




\hen HenryFord said, “People can have the ModelT in anycolor—so long that it’s black,” he was
C C C C C C C C C C C C C C C C C




reflecting a sales orientation.
C C C C




6) C




⊚ true
⊚ false

Question Details C




AACSB : Analytical Thinking
C C C




CAccessibility: Keyboard Navigation C C C




CBloom's : UnderstandC C




Difficulty : 2 Medium C C C




Learning Objective : 01-03 Appreciate how marketing has evolved from its early roots to be
C C C C C C C C C C C C C C




Cpracticed Topic : The Evolution of Marketing
C C C C C C




Gradable : automatic C C




Source : Chapter 01 Test Bank > TF Qu. 07 When HenryFord said, “People can have...
C C C C C C C C C C C C C C C C




7) Don Peppers and Martha Rogers popularized the termone-to-one marketing. Some firms
C C C C C C C C C C




come close to one-to-one marketing by combining flexible manufacturing with flexible
C C C C C C C C C C C




marketing to enhance customer choices.
C C C C C




7) C




⊚ true
⊚ false




Version 1 C 3

, Question Details C




AACSB : Analytical ThinkingC C C




CAccessibility: Keyboard Navigation C C C




CBloom's : Understand C C




Difficulty : 2 Medium C C C




Learning Objective : 01-03 Appreciate how marketing has evolved from its early roots to be
C C C C C C C C C C C C C C




Cpracticed Topic : The Evolution of Marketing
C C C C C C




Gradable : automatic C C




Source : Chapter 01 Test Bank > TF Qu. 08 Don Peppers and Martha Rogers popularized th...
C C C C C C C C C C C C C C C C




8) Fred Wiersema’s bookThe NewMarket Leaders statesthat marketers will continue to have
C C C C C C C C C C C




more power than customers in both B2B and B2C markets.
C C C C C C C C C C




8) C




⊚ true
⊚ false

Question Details C




AACSB : Analytical ThinkingC C C




CAccessibility: Keyboard Navigation C C C




Learning Objective : 01-04 Recognize the impact of key change drivers on the future of marketing.
C C C C C C C C C C C C C C C




CBloom's : Remember C C




Difficulty : 1 Easy C C C




Topic: MarketingTrends
C C C




CGradable : automatic C C




Source : Chapter 01 Test Bank > TF Qu. 09 Fred Wiersema’s book The New Market Le...
C C C C C C C C C C C C C C C C




9) In the current business environment, firms have learned to be open about products and
C C C C C C C C C C C C C




services with consumers who have endless sources of information, including blogs, chat
C C C C C C C C C C C C




rooms, and independent websites.
C C C C




9) C




⊚ true
⊚ false

Question Details C




Accessibility: Keyboard Navigation C C C




CBloom's : Understand C C




Difficulty : 2 Medium C C C




Learning Objective : 01-04 Recognize the impact of key change drivers on the future of marketing. Topic :
C C C C C C C C C C C C C C C C C




CMarketing Trends C




AACSB :Technology C C




CGradable : automatic C C




Source : Chapter 01 Test Bank > TF Qu. 10 In the current business environment, firms h...
C C C C C C C C C C C C C C C C




Version 1 C 4

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