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wgu d077 Exam Questions With Correct Answers

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wgu d077 Exam Questions With Correct Answers

Institution
WGU D077
Course
WGU D077

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wgu d077 Exam Questions With Correct
Answers


a set of activities related to creating, communicating, delivering, and
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exchanging offerings that have value for others - CORRECT ANSWER✔✔-
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Marketing


If a company is selling Charcoal activated Toothpaste, what are the set
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of marketing activities associated with this product? - CORRECT
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ANSWER✔✔-Identify the need, satisfy the need, & retain the customer. | | | | | | | | |




incorporates actually _____the company's products or service to its
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customers. - CORRECT ANSWER✔✔-Sales | | |




is the process of communicating the value of a product or service to
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customers so that the product or service sells. - CORRECT ANSWER✔✔-
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Marketing


physical product manufactured by a business-tangible (t-shirt,
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toothpaste, veggies) - CORRECT ANSWER✔✔-Good | | | |




intangible product offered by a business (notarization, pedicure,
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massage, etc.) - CORRECT ANSWER✔✔-Service
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,Identify the four elements in the Marketing mix? - CORRECT
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ANSWER✔✔-Product, Price, Place and Promotion | | | |




something offered in exchange, and for which marketing actions are
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taken and marketing decisions made. - CORRECT ANSWER✔✔-Product
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is something given in exchange for a product, ______may be monetary
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or nonmonetary (such as waiting in long lines for a restaurant or giving
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blood at the local blood bank). __________ has many names, such as
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rent, fees, charges, and others - CORRECT ANSWER✔✔-Price
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includes several different components—traditional advertising, sales
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_______, public relations, personal selling, social media, and digital
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marketing. How you inform customers about the product. - CORRECT
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ANSWER✔✔-Promotion


Getting the product on the shelves in a store. involves some method of
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getting the product from the creator of the product to the customer -
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CORRECT ANSWER✔✔-Place |




What is Product life cycle stage? - CORRECT ANSWER✔✔-introductory,
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growth, maturity, decline| |

,the complete range of products offered for sale by a company
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throughout its product lines, also known as product assortment -
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CORRECT ANSWER✔✔-Product Mix | |




determines the product width. Series of products a company offers in a
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series of similar products under a single brand. - CORRECT ANSWER✔✔-
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Product Lines |




Adult Care (AC), Baby/Child Care (BC), Family Care (FC) - CORRECT
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ANSWER✔✔-Product Width |




# of versions offered for each product in the product line (adding to the
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sub-products or versions in a product line) - CORRECT ANSWER✔✔- | | | | | | | | |



Product Depth |




Price high to denote status. - CORRECT ANSWER✔✔-Prestige Prices
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high price, distinct products.
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|exclusive/limited items that can be bought at one retailer or with re- | | | | | | | | | | |



sellers. - CORRECT ANSWER✔✔-Price Skimming
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Price relative to competitors. hello fresh and butcher box charging
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around the same for 6 meals - CORRECT ANSWER✔✔-Competitive
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Pricing

, low price, increase volume. - CORRECT ANSWER✔✔-Penetration Pricing
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price below normal mark-up. - CORRECT ANSWER✔✔-Leader pricing
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Grouping two or more products with one price. - CORRECT
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ANSWER✔✔-Price Bundling |




Any paid form of nonpersonal promotion by an identified sponsor that
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is delivered through traditional media channels. - CORRECT
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ANSWER✔✔-Traditional advertising |




A face-to-face presentation to a prospective buyer, often based on long-
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term relationships. - CORRECT ANSWER✔✔-Personal selling
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Marketing activities that stimulate consumer buying, including coupons
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and samples, displays, shows and exhibitions, demonstrations, and
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other types of selling efforts - CORRECT ANSWER✔✔-Sales promotion
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The practice of creating and maintaining public goodwill through
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publicity and nonpaid forms of communication: such as special events. -
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CORRECT ANSWER✔✔-Public relations
| |

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Institution
WGU D077
Course
WGU D077

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