Exam 3: Analysing the Marketing Environment

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A marketing program for a new product line involves emphasising experience over acquisition and uses a marketing pitch that is less overt than the company's previous programs.The marketing program is most likely designed to appeal to which of the following demographic groups?

(Multiple Choice)
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Consumer groups,environmental groups,minority groups and other public interest groups that question an organisation's marketing decisions are part of the ________ public.

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________ intermediaries include banks,credit organisations,insurance organisations and other businesses whose role includes helping to insure against the risks associated with the buying and selling of goods.

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The demographic environment is of major interest to marketers because it involves people,and people make up markets.

(True/False)
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The number of ________ households is now growing faster than the number of ________ households.

(Multiple Choice)
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________ beliefs and values are passed on from parents to children and are reinforced by schools churches,business and government.

(Essay)
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A society's core beliefs and values have a high degree of ________.

(Multiple Choice)
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All of the groups within a company are called the ________.

(Multiple Choice)
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Which type of market buys goods and services to produce public services or to transfer them to others who need them?

(Multiple Choice)
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When a company hires lobbyists to influence legislation affecting its industry,it is taking a reactive approach to the marketing environment.

(True/False)
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Which generational segment was once labelled 'the MTV generation' but has become the most educated generation to date?

(Multiple Choice)
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Generational segments which define people by their ________ may be less effective than segmenting them by their lifestyle,life stage or the common values they seek in the products they buy.

(Essay)
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Forces that affect new technologies and create new product and market opportunities form part of the ________ environment.

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A country with a(n)________ economy has rich markets for many different kinds of goods.

(Multiple Choice)
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________ are firms and individuals who provide the resources needed by the company and its competitors to produce goods and service.

(Essay)
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Which of the generational segments is thought to be most sceptical and least receptive to marketing messages?

(Multiple Choice)
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Major companies in several industries are now directly targeting gay and lesbian consumers.

(True/False)
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Changes in demographics - in the nature of human populations - mean changes in markets.

(True/False)
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Which of the following demographic groups has NOT seen a percentage increase in the past 50 years?

(Multiple Choice)
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Today's marketers should view their intermediaries as channels through which they sell their products rather than as full-fledged partners.

(True/False)
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