\"Place\" is NOT concerned with: A. who handles storing and transporting. B. whe
ID: 399478 • Letter: #
Question
"Place" is NOT concerned with:
A. who handles storing and transporting.
B. when and where products are wanted.
C. kinds of intermediaries needed to reach customers.
D. telling the target market what products are available-and where.
E. channels of distribution.
Regarding the age trends in the U. S. population for 2010-2020:
A. The average age of the U. S. population is increasing.
B. The number of people in the 45-64 age group is still increasing-although at a slower rate than between 2000-2010.
C. The number of senior citizens in the over-65 age group is increasing at a greater rate than between 2000-2010.
D. The oldest "baby boomers" are now reaching retirement age.
E. All of these statements are correct.
Micro-marketing:
A. is concerned with whether the whole economic system is fair and effective.
B. applies only to profit organizations.
C. consists only of personal selling and advertising.
D. is a social process only.
E. tries to anticipate and satisfy customer needs and accomplish an organization's objectives.
In the past decade, all of the following U.S. states had really fast population growth rates EXCEPT:
A. Missouri
B. Nevada
C. Arizona
D. Idaho
E. Utah
A marketing mix consists of:
A. policies, procedures, plans, and personnel.
B. the customer and the "four Ps."
C. all variables, controllable and uncontrollable.
D. product, price, promotion, and place.
Gross domestic product (GDP) is the:
A. total cost of producing all goods and services sold in a year.
B. total market value of goods and services provided in an economy in a year by both residents and nonresidents of that country.
C. total market value of goods (but not services) consumed in an economy in a year.
D. total market value of goods and services consumed in a year.
E. total market value of goods (but not services) produced in an economy in a year.
Marketing:
A. emphasizes mass selling over personal selling.
B. allows production, rather than marketing, to determine what products to make.
C. applies to both profit and nonprofit organizations.
D. concentrates on production, rather than advertising.
E. none of these is a true statement about marketing.
Explanation / Answer
Q. 1) D) Telling the target market what products are available and where.
Place is the distribution of products to the target market. So it is not concerned with the telling the market regarding the availability of products.
Q. 2) C) The number of senior citizens in the over 65 age group is increasing at a greater rate than between 2000-2010.
As per the census, the growth rate of citizen above 65 years is almost double than the rate between 2000-2010.
Q. 3) B) Applies only to profit organisation.
Micro marketing aims to make profit for the organization. Any micro marketing organization's main objective is to make profit.
Q. 4) A) Missouri.
Remaining all the states of U.S. are growing fast for the past decade.
Arizona - 14.96%
Nevada - 16.55%
Idaho - 14.60 %
Utah - 20.82%
Q. 5) B) The customers and the 4P's.
The marketing mix is concerned with the Customer needs and wants and with the 4Ps which are product, price, place and promotion.
Q. 6) B) Total market value of goods and services provided in an economy in a year by both residents and non-residents of that country.
Gross domestic product is the monetary value of goods and services in a country in a particular time period.
Q. 7) E) None of these is a true statement about marketing.
Marketing means creating value for the customers and building a strong relationship with the customers through advertising and sales. In return marketers capture value from the customers.
Hope this helps :)
Please rate. Thanks.
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.