CERTIFICATION SCRIPT 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
◍ The role of marketing in a firm's business strategy..
Answer: The role of the company's marketing department is to ensure that
the company and its products provide value to the customers it wants to
attract.
◍ What is required for a marketing plan objective to be clear, quantitative, and
timely?.
Answer: SMART
◍ At the end of a cosmetic tutorial video, the website marketer posts a special
offer code for 20% off first purchases. Which element of the marketing mix
does the special offer code represent?.
Answer: Promotion
◍ Steps in the marketing planning process.
Answer: 1. mission statement2. situational analysis3. objectives4. strategy
development5. monitoring and control.
◍ What is an ethical marketing practice related to distribution?.
Answer: Ensuring fair labor conditions
◍ Commercial marketing research companies sources.
Answer: Syndicated research of consumer data for purchase as well as
database information on consumer purchases and behavior.
◍ A mattress retailer sells a variety of quality mattresses. The company wishes
to reach a large customer base by offering graduated rebates to different
customers depending on the size and quality of the mattress purchased by
, the customer. Several commercials are developed to highlight each mattress
along with its accompanying rebate.What type of targeting strategy is being
used by the mattress retailer?.
Answer: Differentiated
◍ What type of vertical marketing system is a franchise?.
Answer: Contractual
◍ Which action includes selecting a segment to serve as the focus of the
marketing team's efforts?.
Answer: Target
◍ Which step of the personal selling process involves interactions with
potential customers?.
Answer: Approach
◍ Marketing Research Techniques.
Answer: -behavioral observation-in-depth interviews-focus groups-social
listening-survey research-experimental research
◍ What is a limitation of primary data sources?.
Answer: Requires expertise in data collection
◍ BCG Matrix: Dog.
Answer: A product or business with low market share in a mature industry is
a dog. There is no room for growth, which suggests that no new funds
should be invested in it.-"Worked like a dog"
◍ Which ethical guideline should marketers keep in mind when obtaining
secondary data content?.
Answer: Evaluating credibility
◍ problem-solving processes.
Answer: routine (low-involvement), extended (high-involvement), limited
(in the middle)
◍ organizational buying participants..
Answer: -Initiators: who suggest purchasing a product or
, service-Influencers: who try to affect the outcome decision with their
opinions-Deciders: who have the final decision-Buyers: who are responsible
for the contract-End users: of the item being purchased-Gatekeepers: who
control the flow of information, often administrative professionals
◍ Price discrimination.
Answer: selling the same good at different prices to different customers
◍ What type of marketing is a company using if their efforts are directed
towards a specific group?.
Answer: Target
◍ In organization A, details on any contacts and touchpoints with leads,
prospects and purchasers are stored in the computer system. The reasoning
behind this approach is to improve the services the company provides. The
information is also used for targeted marketing and sales purposes.Which
type of information is this organization using?.
Answer: Customer data
◍ monitoring and control.
Answer: indicators will help monitor progress on the plan, and they make
adjustments if necessary.
◍ Define customer equity..
Answer: is the total combined customer lifetime values of all of a company's
customers. Customer equity takes into account customer loyalty and
extrapolates it over the lifetime of the customers.
◍ A hair shampoo communicates its use as a two products in one, a shampoo
and a conditioner. The message is that consumer will save both time and
money by using the one product.Which positioning strategy is being used by
this company?.
Answer: Attributes
◍ A donut shop owner decides to use radio to advertise weekly specials.
Which element of the marketing mixes a donut shop using?.
Answer: Promotion
, ◍ An automotive manufacturer is ranked as the leading brand among
competitors for cars costing over $75,000 and enjoys strong brand
recognition in the market.Which form of positioning advantage does this
company have?.
Answer: Product category
◍ Which uncontrollable elements, such as shifts and values, attitudes, and the
make up of the workforce, influence marketers' decisions?.
Answer: Socio-cultural
◍ An electronics company invites industry employees to test the capabilities of
its new low-cost digital multi-meter and provide design feedback. Which
element of the marketing mixes represented?.
Answer: Product
◍ A customer purchases fair trade branded chocolate because of the fair trade
story on the packaging.What type of decision-making is being used by this
customer?.
Answer: Ethical consumerism
◍ Define customer relationship management (CRM).
Answer: is a combination of policies, processes, and strategies implemented
by a company that allow it to track customer information and unify
customer interactions.
◍ Micromarketing strategy.
Answer: Targeting strategy that focuses narrowly on catering to the needs of
individuals or very small segments in a targeted geography.-Individual
marketing is sometimes referred to as mass customization or one-to-one
marketing.-Farmers market, Etsy
◍ A programmer develops new software that is more effective at analyzing the
stock market than any other software on the market. The programmer plans
to sell this software at a higher price until software from the competition
catches up in quality.Which pricing strategy is used by the programmer?.
Answer: Price skimming