Mktg 3340 final Study guides, Class notes & Summaries

MKTG 3340 Final - SMU Verified And Latest Answers 2024. What are Some Errors in Communication? - correct answer sources may not adequately transform the abstract idea into an effective set of symbols a properly encoded message may be first sent through the wrong channel and never make it to the intended receiver the receiver may not properly transform the set of symbols into the correct abstract idea feedback may be so delayed or distorted that it is of no use it the sender Encodin...

what is the role of marketing - correct answer generate profitable revenue what are the five steps in the marketing process model - correct answer 1. Understand the marketplace and customer needs and wants 2. Design a customer value driven marketing strategy 3. Construct an integrated marketing program 4. Engage customers, build profitable relationships, and create customer value 5. Capture value from customers and make money What is marketing management - correct answer art and ...

What are Some Errors in Communication? correct answer: sources may not adequately transform the abstract idea into an effective set of symbols a properly encoded message may be first sent through the wrong channel and never make it to the intended receiver the receiver may not properly transform the set of symbols into the correct abstract idea feedback may be so delayed or distorted that it is of no use it the sender Encoding correct answer: process of having the sender transform...

MKTG 3340 Final Exam Questions and Answers 100% Pass Role of Marketing Generate profitable revenue When a marketer can describe something it is called a product concept After buying an item we experience what? cognitive dissonance Ways to engage consumers, directly or indirectly -Directly: physically, email newsletters, one to one basis, calling, sending direct ads/texting, create relationship, personalizing advertising toward you -Indirectly: social media, PR, content marketing, commercials...

What are Some Errors in Communication? correct answer: sources may not adequately transform the abstract idea into an effective set of symbols a properly encoded message may be first sent through the wrong channel and never make it to the intended receiver the receiver may not properly transform the set of symbols into the correct abstract idea feedback may be so delayed or distorted that it is of no use it the sender Encoding correct answer: process of having the sender transform...

MKTG 3340 FinalWhen a feature satisfies a need or want, then there is a _____. reduction of hassle hike in price level of high quality benefit tangible value - correct answer benefit A product-dominant approach to marketing is based on the belief that: sales personnel and marketing can drive consumerism. the best way to capture market share is to create and manufacture better products at lower prices. enjoyment of a product and its disposal are important in understand consumer nee...

possession utility - correct answer getting a product or service to consumers so they can own or use it depth of product line - correct answer -stores that carry a considerable assortment of a related line of items are limited-line stores -ex: Sports Authority carries a considerable amount of sports equipment from weight-lifting accessories to running shoes limited service - correct answer -provide some services such as credit and merchandise return, but not others, such as clothin...

MKTG 3340 Final Exam Questions and Answers 100% Correct MKTG 3340 Final Exam Questions and Answers 100% Correct MKTG 3340 Final Exam Questions and Answers 100% Correct MKTG 3340 Final Exam Questions and Answers 100% Correct possession utility - ANSWER-getting a product or service to consumers so they can own or use it depth of product line - ANSWER--stores that carry a considerable assortment of a related line of items are limited-line stores -ex: Sports Authority carries a co...

MKTG 3340 Final Exam Smu With 100% Correct Answers 2023

MKTG 3340 Final Exam- Questions with complete solution 2024 Possession Utility - correct answer e.g.) allowing several payment and credit options Depth of Product Line - correct answer the store carries a large assortment of each item e.g.) a shoe store that offers running shoes, dress shoes, and children's shoes Limited Service - correct answer the store provides some services, such as credit and merchandise return, but not others such as clothing alteration e.g.) General merchand...