10 questions
TRUE or FALSE: marketing is involved with advertising, selling and delivering products to consumers.
True
False
Marketing works with finance, operations and .....
employees
customer service
logos
human resources
When marketers are dealing with wants and needs from customers, what are they trying to accomplish?
Which probability sampling method does NOT belong in this list.
simple random sampling
cluster sampling
systematic sampling
number sampling
Market size is important because 1. firms can calculate their own market share 2. A marketing manager can assess whether eight market is worth entering or not and 3.? What is the last main reasons why market size is important?
the formula that calculates the percentage of sales in the total market sold by 1 business is: firm sales in a time period /Total market sales over the same period x 100
true
false
Which goal would NOT be relevant to set for the marketing department to help the business achieve its overall idea?
market shares
customer satisfaction
location
brand identity
These are effective objectives to keep in mind: realist, achievable, motivating, measurable, specific, and fit with overall aims and mission of the business
false
true
Knowing the market research process steps, what is the single most important step?
customer service
advertisement
management problem identification
research objectives
In a market research process the 2 sources of data are called a primary research and tertiary research
true
false