Filters
Question type

Study Flashcards

Package and label designers face four challenges including each of the following EXCEPT:


A) warranties.
B) environmental concerns.
C) cost reduction.
D) health, safety, and security issues.

E) A) and D)
F) B) and C)

Correct Answer

verifed

verified

TD bank always uses green colouring in all of their advertisements, while RBC always uses blue colouring in all of their advertisements. These are part of their respective:


A) trade names
B) copyrights
C) brand names
D) brand marks

E) A) and B)
F) A) and C)

Correct Answer

verifed

verified

The Egg Farmers of Ontario stress to consumers that the time from 'farm to store' is only two days. As such, this association stresses to retailers to only keep the eggs on display for an additional five days. This display time is referred to as:


A) storage benefit.
B) staying power.
C) protection potential.
D) shelf life.

E) B) and D)
F) B) and C)

Correct Answer

verifed

verified

Figure 11-4 Figure 11-4    -In Figure 11-4,  F  represents the first step in the sequential building process of brand equity which would be to _. A) create a consumer-brand connection B) reward loyal customer behaviour C) establish a brand's meaning in the minds of consumers D) develop positive brand awareness -In Figure 11-4, "F" represents the first step in the sequential building process of brand equity which would be to _.


A) create a consumer-brand connection
B) reward loyal customer behaviour
C) establish a brand's meaning in the minds of consumers
D) develop positive brand awareness

E) None of the above
F) A) and D)

Correct Answer

verifed

verified

Canadian shoppers have brands they trust as well as the retailer they buy from. All of the following are trusted retailers EXCEPT:


A) Tim Hortons
B) Shoppers Drug Mart
C) The Brick Furniture Warehouse
D) Mark's Work Wearhouse

E) A) and C)
F) A) and B)

Correct Answer

verifed

verified

During the maturity stage of the product life cycle, profit declines because:


A) there is fierce price competition among sellers.
B) there are fewer and fewer competitors in the market.
C) production costs increase the more a firm has to manufacture the same product.
D) better products are only in the growth stage.

E) B) and C)
F) None of the above

Correct Answer

verifed

verified

Which of the following statements about the introduction stage of the product life cycle is NOT true?


A) During the introduction stage, firms may choose a skimming strategy.
B) During the introduction stage, firms stress competitive differences in their promotion.
C) During the introduction stage, firms may choose a penetration pricing strategy.
D) During the introduction stage, efforts are made to increase primary demand.

E) B) and C)
F) None of the above

Correct Answer

verifed

verified

Consumer advocates believe the practice of downsizing by consumer products firms has resulted in:


A) fewer products and less product variability offered due to the corporate restructuring taking place worldwide.
B) lower product prices for consumers because of lower labour, raw material and packaging costs due to the recession and lower inflation in the United States.
C) a subtle, yet deceptive practice of taking advantage of consumers' buying habits by offering less product content in the same or larger package while maintaining or increasing the price.
D) a greener environment due to the reduction in the amount of packaging used for promotional purposes (e.g. eliminating of the glossy cardboard that promoted the musical artist and contained the CD and its plastic protective box) , thereby reducing the amount of waste disposed in landfills.

E) B) and C)
F) A) and C)

Correct Answer

verifed

verified

Online music services such as iTunes to purchase music albums and songs are commonly used today, and have a lot of price competition. Which stage of the product life cycle is this service today?


A) Maturity
B) Harvest
C) Growth
D) Introductio n

E) None of the above
F) A) and B)

Correct Answer

verifed

verified

All products sold by the Tabasco Company are sold using the Tabasco brand. This is an example of:


A) multiproduct branding.
B) multiproduct licensing.
C) generic branding.
D) multibranding.

E) A) and B)
F) None of the above

Correct Answer

verifed

verified

Figure 11-1 Figure 11-1    -The stage in the product life cycle labelled  A  in Figure 11-1 is referred to as A) introduction B) maturity C) diversification D) growth -The stage in the product life cycle labelled "A" in Figure 11-1 is referred to as


A) introduction
B) maturity
C) diversification
D) growth

E) All of the above
F) A) and D)

Correct Answer

verifed

verified

Imagine Post Cereal introduces a cereal bar just like the ones Kellogg's and Quaker already have on the market. Post has decided to promote the bars using ads without coupons and to price the bars at about the same price as the other brands. Post Cereal bars will also be distributed to the same stores as the Kellogg's and Quaker products. Which of the following barriers to new product adoption will most likely prevent the Post Cereal bars from being a successful product?


A) economic barrier
B) psychological barrier
C) usage barrier
D) value barrier

E) C) and D)
F) B) and D)

Correct Answer

verifed

verified

Two global trends are directly related to packaging. One trend focuses on health and safety concerns. The other trend is involved with:


A) cultural diversity.
B) making packaging a less expensive part of the marketing strategy.
C) the environmental effects of packaging.
D) relating packaging to the needs of an aging population.

E) A) and D)
F) B) and C)

Correct Answer

verifed

verified

Explain the difference between primary demand and selective demand.

Correct Answer

verifed

verified

Bow ties, hemmed skirts, and tie-clips are most likely what type of products?


A) fad
B) high-learnin g
C) fashion
D) low-learnin g

E) A) and D)
F) B) and C)

Correct Answer

verifed

verified

A computer manufacturer runs a print ad that has a 'them versus us' feel. They place their two products side-by-side, while highlighting the advantages of theirs versus the competition. The purpose of this is to drive ________demand for their product.


A) generic
B) derived
C) primary
D) selective

E) A) and C)
F) C) and D)

Correct Answer

verifed

verified

Warranties that have no limits of non-coverage are called _________warranties.


A) full
B) limited-coverage
C) strict-liability
D) implied

E) A) and C)
F) A) and B)

Correct Answer

verifed

verified

One of the newest types of television shows is the category called reality shows. According to the product life cycle, what was the objective of the marketers of these reality shows when they were in the introduction stage of the product life cycle?


A) to stress differentiation
B) to gain as much distribution as possible
C) to maintain brand loyalty
D) to gain awareness and stimulate trial

E) A) and D)
F) A) and C)

Correct Answer

verifed

verified

Coca-Cola has realized that the market for their first diet cola, Tab, has been significantly diminished, yet Coca-Cola still sells the product, without any major advertising to its niche market. Coca-Cola is engaging in product:


A) Harvesting
B) Profiting
C) Skimming
D) Deletion

E) None of the above
F) B) and D)

Correct Answer

verifed

verified

A few years ago Who Wants to Be a Millionaire premiered as the first nighttime game show in a couple of decades. Once the show became a hit and televised several nights a week, other networks quickly created their own version of what they hoped to be a successful game show format. Greed and Twenty-One are the names of but two of the new shows that were created to compete with Who Wants to Be a Millionaire. At this point in time the nighttime televised game show entered which stage of its product life cycle?


A) growth stage
B) decline stage
C) maturity stage
D) commercialization stage

E) B) and C)
F) A) and D)

Correct Answer

verifed

verified

Showing 181 - 200 of 240

Related Exams

Show Answer