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MKT 3401 MODULE 1-4 QUIZZES QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE 2025/2026

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MKT 3401 MODULE 1-4 QUIZZES QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE 2025/2026 what is the goal of strategic planning - Answers long run profitability and growth a strategy of increasing sales by introducing new products into new markets is called - Answers diversification people giving up something in order to receive something else they would rather have is called a/an - Answers exchange a marketing strategy that entails attracting new customers to existing products is - Answers market development moral principles or values that govern the conduct of an individual or group are called - Answers ethics the belief that ppl will buy more goods/services if aggressive sales techniques are used and that high sales lead to high profits - Answers sales orientation which factor tends to influence ethical decision making and judgment - Answers top management actions on ethics what percentage of customers consider how companies treat their employees before considering where to buy or how to stop - Answers 84% idea tht social and economic justification for an organization's existence is the satisfaction of the customers wants and needs - Answers marketing concept a managerial process of creating and maintaining a fit between the organizational objectives/resources with the evolving market opportunities - Answers strategic planning what percent of customers are more likely to consider a company involved in a worthwhile cause - Answers 76% what is the development of products designed to minimize negative effects on the environment - Answers green marketing argument against social responsibility - Answers spends shareholder money on environmental initiatives

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MKT 3401 MODULE 1-4 QUIZZES QUESTIONS WITH CORRECT ANSWERS LATEST UPDATE
2025/2026

what is the goal of strategic planning - Answers long run profitability and growth

a strategy of increasing sales by introducing new products into new markets is called - Answers
diversification

people giving up something in order to receive something else they would rather have is called
a/an - Answers exchange

a marketing strategy that entails attracting new customers to existing products is - Answers
market development

moral principles or values that govern the conduct of an individual or group are called - Answers
ethics

the belief that ppl will buy more goods/services if aggressive sales techniques are used and
that high sales lead to high profits - Answers sales orientation

which factor tends to influence ethical decision making and judgment - Answers top
management actions on ethics

what percentage of customers consider how companies treat their employees before
considering where to buy or how to stop - Answers 84%

idea tht social and economic justification for an organization's existence is the satisfaction of
the customers wants and needs - Answers marketing concept

a managerial process of creating and maintaining a fit between the organizational
objectives/resources with the evolving market opportunities - Answers strategic planning

what percent of customers are more likely to consider a company involved in a worthwhile
cause - Answers 76%

what is the development of products designed to minimize negative effects on the environment
- Answers green marketing

argument against social responsibility - Answers spends shareholder money on environmental
initiatives

three objectives of branding - Answers identification, repeat sals, introduction of new products

describe the warm glow - Answers being socially responsible, concern for the environment,
being a good public servant

name an organization who is a leader in social responsibility - Answers patagonia

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