Business Questions
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Zero-base budgeting may serve as the most useful method for a sports event.TrueFalse
The validity of a waiver used by events to reduce the potential for a lawsuit is determined by the law in each state, and therefore will vary across state lines.TrueFalse
MasterCard Worldwide has a department solely dedicated to identifying sponsorship opportunities, creating activation programs, and overseeing the implementation of the sponsorship. As such, MasterCard International is known as a full-service agency.TrueFalse
Sport events typically seek advertising of their event throughpurchasing on-air advertising time.none; costs too much money to advertise.in-house marketing strategies and activities.trade in-kind sponsorships with media outlets.
Product advertising- no personal selling of a particular good or service Institutional advertising- promotes a concept, an idea, a philosophy, or the goodwill of the company
personal selling, nonpersonal selling, advertising, sales promotion, direct marketing, guerilla marketing, public relations
Informative advertising, persuasive advertising, reminder advertising
Increase frequency of use, increase number of users, find new uses, change package sizes, labels, or product quality
Brand preference is the strongest degree of brand loyalty
As a tool of positioning strategy, perceptual maps illustrate two basic issues. First, they indicate products/brands that are similar in terms of relative mental position. Second, they illustrate:
High social services, high taxes, but silly freedom to own property in Capitol, government runs key industries
________ promotion aims to stimulate demand, or desire, for an entire class of goods or services
The gap between unlimited wants for goods and services and limited resources creates
Firms focused on a single market segment use which of the following approaches?
A soda company decided to branch out and add dairy products to its portfolio. It introduces high protein milk. This is an example of a product line extension.
Which of the following statements best represents the universal goal of all sales promotion activities?
_________ information about the attitudes and values
__________ represents all marketing activities other than personal selling, advertising, and public relations that are used to stimulate purchasing and sales. It's Objectives are to increase sales, inform potential customers about the new products, create a positive business or corporate image
The producers, consumers, and resource owners_______Money payments
A deodorant brand markets to wealthy teen girls. What type of segmentation is the deodorant brand using?