BUS 101 SOPHIA INTRO TO BUSINESS MILESTONE 2 QUESTIONS WITH VERIFIED ANSWER,100%CORRECT

BUS 101 SOPHIA INTRO TO BUSINESS MILESTONE 2 QUESTIONS WITH VERIFIED ANSWER You passed this Milestone 22 questions were answered correctly. 1 question was answered incorrectly. 1 Management at a company priced a product very low to enter a new market. The company offered a small amount of the product at two initial locations. Which phase of the product life cycle below does this scenario illustrate? • Decline • Growth • Maturity • Introduction CONCEPT Product Life Cycle 2 Guy wanted to buy the latest gaming system to fit in with his friends at school. Which type of consumer behavior influence below does this illustrate? • Personal • Social • Cultural • Psychological CONCEPT Consumer Behavior 3 Which of the following is a specialty good? • Socks • Custom painting • Smart phone • Refrigerator CONCEPT Product Which statement best describes push marketing? • Developing methods to bring the market for a product to a company • Utilizing social media to improve the company image • Devising ways to place a product in front of consumers • Attracting consumers who want answers the company can provide CONCEPT Push and Pull Marketing Which of the following is NOT an example of false advertising? • Claiming clinically proven health results for a food product that lacks scientific testing reports. • Retouching before and after photos in an advertisement for a weight loss medicine. • Providing supporting proof that a vehicle is environmentally friendly since it gives off fewer pollutants. • Advertising an orange drink as juice when the ingredients do not list any juices. CONCEPT Truth in Advertising 6 Which of the following is an activity a company performs to promote a product or service?