Exam 1: Marketing: the Art of Satisfying Customers

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Austin, Texas is host to a popular festival, South by Southwest (SXSW), which recently celebrated its 30th anniversary. It has released dates for the new year and invites participants for the unique music, film, and interactive events or sessions from March 10th through 19th. Which category of nontraditional marketing would best characterize the marketing activities to attract attendees for the multi-day festival?

(Multiple Choice)
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By converting indifferent customers into loyal ones through relationship marketing, companies can:

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The marketing era is defined by a shift in focus from products and sales to satisfying a consumer's needs.

(True/False)
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Owen buys a car for himself. Owen has created ownership utility.

(True/False)
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Indigo Ltd. wanted to increase its customers by applying the marketing concept. Which of the following would be an appropriate way to apply this approach?

(Multiple Choice)
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The Today Show partnered with the U.S. National Parks in 2016 to celebrate 100 years of national parks. Various Today Show regulars such as Al Roker were featured visiting the parks. This campaign is an example of _____ marketing, a type of nontraditional marketing.

(Multiple Choice)
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Which one of the following statements about marketing is false?

(Multiple Choice)
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The makers of Advil have designed machines that automatically move plastic bottles along conveyor belts until each bottle is filled with a precise number of tablets or gelcaps. This is an example of which of the Eight Universal Marketing Functions?

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Marketing is the indirect connection between a firm and its customers.

(True/False)
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Describe the process of relationship building in marketing.

(Essay)
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