Question 1 (10 points)
Business transaction in a free market economy involves:
Question 2 (10 points)
The World Trade Organization (WTO) is:
Question 3 (10 points)
The marketing mix variable Price is focused on:
Question 4 (10 points)
That’s My Baby produces very high quality car seats and strollers. Their social media manager is launching a campaign to get new moms to post pictures of their kids using the products and swap stories with other moms. This is an example of what type of social media marketing?
Question 5 (10 points)
Target has a very sophisticated inventory management system that tracks every purchase, manages the reordering from the supplier and tracks the shipment on its way to the stores. What part of marketing best describes this?
Question 6 (10 points)
Which of these is typically a characteristic of a sales promotion?
Question 7 (10 points)
The Marketing Concept today is about what?
Question 8 (10 points)
Which of these is NOT part of the SMART model
Question 9 (10 points)
How would you define marketing?
Question 10 (10 points)
Which of the following is NOT an element which might be offered to final consumers in the price equation?