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MKT 3413 Exam 1 WU 2025: 150 Actual Questions & Detailed Answers | Marketing Study Guide

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Prepare for the MKT 3413 (Marketing) Exam 1 at Winthrop University (WU) with the newest 2025 study resource. This complete guide includes 150 actual exam questions with correct, detailed answers, covering marketing principles, consumer behavior, segmentation, and the marketing mix for guaranteed exam success.

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MKT 3413 EXAM 1 WU NEWEST 2025 ACTUAL
EXAM COMPLETE 150 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||BRAND
NEW VERSION!!




The assignment of numbers or other symbols to
characteristics of objects according to certain pre-
specified rules is called measurement. - .....ANSWER
...✔✔ TRUE


The generation of a continuum upon which measured
objects are located is called sampling. - .....ANSWER
...✔✔ FALSE


When we measure the perceptions, attitudes, and
preferences of consumers, we are not measuring the
object but some characteristics of it. - .....ANSWER
...✔✔ TRUE


A scale whose numbers serve only as labels or tags for
identifying and classifying objects with a strict one-to-
one correspondence between the numbers and the

,2|Page



objects is called an ordinal scale. - .....ANSWER ...✔✔
FALSE


Nominal scales are recognized as the most basic or
limited. - .....ANSWER ...✔✔ TRUE


Preference rankings, market position, and social class
are examples of interval scales. - .....ANSWER ...✔✔
FALSE


According to the text, interval scales are the simplest to
use. - .....ANSWER ...✔✔ FALSE


The most complex of the primary scales of measurement
is the ratio scale. - .....ANSWER ...✔✔ TRUE


Nominal scales are used for classification and
identification purposes only. - .....ANSWER ...✔✔
TRUE


Mutually exclusive means that there is no overlap
between classes and every object being measured falls
into only one class. - .....ANSWER ...✔✔ TRUE

,3|Page




In marketing research, ordinal scales are used to
measure market share. - .....ANSWER ...✔✔ FALSE


The numbers assigned in a nominal scale do not reflect
relative amounts of the characteristic being measured. -
.....ANSWER ...✔✔ TRUE


A ranking scale in which numbers are assigned to objects
to indicate the relative extent to which some
characteristic is possessed is called a nominal scale. -
.....ANSWER ...✔✔ FALSE


A ranking scale in which numbers are assigned to objects
to indicate the relative extent to which some
characteristic is possessed is called an ordinal scale. -
.....ANSWER ...✔✔ TRUE


Common examples of ordinal scales include educational
levels and social security numbers. - .....ANSWER
...✔✔ FALSE


An interval scale is a scale in which the numbers are
used to rate objects such that numerically equal

, 4|Page



distances on the scale represent equal distances in the
characteristic being measured. - .....ANSWER ...✔✔
TRUE


A ratio scale is the highest level of measurement and
allows the researcher to identify or classify objects, rank
the objects, and compare intervals or differences. -
.....ANSWER ...✔✔ TRUE


Temperature scales such as Celsius and Fahrenheit are
examples of interval scales. - .....ANSWER ...✔✔
TRUE


Because the zero point is fixed in interval scales, it is not
meaningful to take ratios of scale
values. - .....ANSWER ...✔✔ FALSE


The scaling techniques commonly used in marketing
research can be classified into comparative and
noncomparative scales. - .....ANSWER ...✔✔ TRUE


A non-comparative scale is one of the two types of
scaling techniques in which there is direct comparison of
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