D077 WGU UPDATED EXAM WITH MOST TESTED QUESTIONS
AND ANSWERS | GRADED A+ | ASSURED SUCCESS WITH
DETAILED RATIONALES
Which are the classic “4 P’s” of the marketing mix?
A. Plan, People, Process, Profit
B. Product, Placement, People, Price
C. Product, Place, Price, Promotion
D. Positioning, Packaging, Promotion, Purpose
Rationale: The traditional marketing mix is Product, Place, Price, Promotion.
The marketing concept emphasizes what primary aim?
A. Short-term sales maximization
B. Product proliferation
C. Long-term profitability through customer satisfaction
D. Reducing product cost at all costs
Rationale: The marketing concept centers on satisfying customer needs to achieve long-term
profit.
The marketing mix is best described as:
A. A set of legal requirements for advertising
B. The 4 P’s used as strategic tools to approach the market
C. A finance budgeting framework
D. Customer service scripts
Rationale: The marketing mix comprises Product, Price, Place, Promotion used intentionally by
marketers.
Which sequence correctly describes the product life cycle?
A. Decline → Growth → Introduction → Maturity
B. Growth → Maturity → Decline → Introduction
C. Introduction → Growth → Maturity → Decline
D. Introduction → Decline → Growth → Maturity
Rationale: Products typically move from intro to growth, then maturity, then decline.
Brand management includes which of the following responsibilities?
A. Only pricing decisions
B. Only distribution logistics
C. Managing product mix, lines, depth, and brand image
D. Warehouse operations
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Rationale: Brand management covers the product assortment and positioning that shape brand
image.
Which step is NOT part of the five-step marketing planning process?
A. Mission statement
B. Situation analysis
C. Strategy development
D. Legal injunction filing
Rationale: Legal injunction filing is not part of the standard marketing planning steps.
What does SWOT analysis examine?
A. Seasonal sales only
B. Supplier contracts only
C. Strengths, Weaknesses, Opportunities, Threats
D. Shipping, Warranties, Options, Timeline
Rationale: SWOT evaluates internal strengths/weaknesses and external opportunities/threats.
The BCG matrix classifies products by what two dimensions?
A. Price and demand
B. Market share and market growth
C. Distribution and advertising spend
D. Brand equity and customer loyalty
Rationale: BCG uses relative market share and market growth rate to categorize products.
Porter's Five Forces does NOT include which of the following?
A. Threat of new entrants
B. Bargaining power of suppliers
C. Rivalry among existing firms
D. Financial accounting standards
Rationale: Porter's model focuses on industry competitive forces, not accounting standards.
Marketing research primarily involves:
A. Creating ads only
B. Gathering, recording, and analyzing market and consumer data
C. Setting product prices only
D. Hiring sales staff exclusively
Rationale: Marketing research collects and analyzes data to inform marketing decisions.
Integrated Marketing Communications (IMC) aims to:
A. Separate messages across channels
B. Coordinate promotional efforts to create a consistent message
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C. Reduce promotional spend only
D. Outsource all communications
Rationale: IMC ensures consistent messaging across channels to reinforce brand.
Omnichannel communications means:
A. Using only social media
B. Blocking offline channels
C. Ensuring consistent customer experience across digital and physical touchpoints
D. Ignoring customer service
Rationale: Omnichannel integrates all channels for a seamless customer journey.
Which is NOT a common promotional method?
A. Personal selling
B. Public relations
C. Sales promotion
D. DNA sequencing
Rationale: DNA sequencing is unrelated to marketing promotion.
Distribution channels are:
A. Only company warehouses
B. Systems for moving products from producers to consumers, direct or indirect
C. Only online marketplaces
D. Only advertising platforms
Rationale: Distribution channels include all routes products take to reach customers.
A vertical marketing system that is contractual is characterized by:
A. Single company ownership of all levels
B. Independent firms linked by formal contracts
C. No coordination between channel members
D. Government control of distribution
Rationale: Contractual systems use agreements to coordinate independent firms.
The marketing environment includes:
A. Only internal costs
B. Controllable mix elements and uncontrollable external factors
C. Only competitor products
D. Only technology trends
Rationale: Marketing environment covers both controllable internal variables and external
influences.