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Supplies:


A) are similar to consumer convenience goods.
B) consist of buildings and fixed equipment.
C) are items used in the manufacturing process that become part of the final product.
D) include tools and office equipment.

E) B) and D)
F) All of the above

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According to Figure 10-2,column "A" represents a


A) spontaneous innovation.
B) continuous innovation.
C) discontinuous innovation.
D) dynamically continuous innovation.

E) C) and D)
F) A) and C)

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During a recent shopping trip to the local Zellers store,Pat noticed several things.First,she noticed that the store offered a tremendous variety of products,including toys,pet foods,clothing for men,women,and children,health and beauty aids,small household appliances,automotive products,and more.Further,Pat noticed Zellers offered an array of different products within each product group.Each product group at Zellers is an example of a ______; all of the product groups together constitute Zeller's ____.


A) product tangibility; product unit
B) product mix; product unit
C) product line; product mix
D) product unit; product tangibility

E) A) and B)
F) A) and C)

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Services-marketing experts generally agree that there is a hierarchy of new-service categories that is somewhat similar to the continuous,dynamically continuous,and discontinuous innovation continuum for physical products.FedEx Office offering high-speed Internet access at its locations for its customers would be an example of:


A) supplementary-service innovations
B) process-line extensions
C) service-line extensions
D) major service innovations

E) A) and B)
F) B) and D)

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A retail chain hires a company to design and install a computer network that would allow each store in the chain to check the inventory of others in the chain for customer-requested items.The retail chain would have purchased a(n) :


A) support good.
B) production good.
C) convenience good.
D) fabricating part.

E) B) and C)
F) A) and C)

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All of the following are protocol criteria for new-product development,except:


A) a well-defined target market
B) specific customers' needs, wants, and preferences
C) what the product will be and do
D) a well-priced product

E) A) and B)
F) A) and C)

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Which of the following is most likely to be an example of an unsought good?


A) CD player
B) Lexus LS 400 luxury automobile
C) Flight on Air Canada
D) Ceramic French poodle

E) B) and C)
F) None of the above

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The manner in which a consumer good is classified depends on the individual.One person may view a camera as a ________ and visit several stores before deciding on a brand,whereas a friend may view cameras as a _________ and will only buy a Nikon.


A) shopping good; specialty good
B) convenience good; specialty good
C) specialty good; prestige good
D) prestige good; unsought good

E) A) and C)
F) A) and B)

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You decide to buy a new car.You talk to friends about it,research mechanical specifications in Consumer Reports,test drive different makes and models,and compare prices at several dealerships.Into which classification of consumer goods would your new car purchase fall?


A) convenience goods
B) shopping goods
C) specialty goods
D) unsought goods

E) None of the above
F) All of the above

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What is the likely marketing strategy that management of Ionator would implement?


A) an advertisement providing a side-by-side comparison of their product versus the most commonly used cleaner
B) radio advertisements letting consumers know that Ionator is now available in home cleaning stores
C) going door-to-door making personal sales
D) using nationwide television advertising

E) None of the above
F) A) and D)

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Which category can include maintenance and repair services and advisory services,such as tax or legal counsel,where the seller's reputation is critical?


A) accessory equipment
B) services
C) supply materials
D) component parts

E) A) and B)
F) All of the above

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The 18-hole golf course that a subdivision developer had custom designed and built to attract more new home buyers to the subdivision would be an example of a(n) :


A) production good.
B) accessory equipment.
C) supply.
D) installation.

E) B) and D)
F) All of the above

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Fifty percent or more of Canadian adults have not had their teeth checked by a dentist within the last five years.For these people dental services would be classified as a(n) :


A) shopping good.
B) convenience good.
C) specialty good.
D) unsought goo

E) A) and C)
F) All of the above

Correct Answer

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Which of the following is the best example of a convenience good?


A) Sony CD player
B) Lexus LS 400 luxury automobile
C) Flight on Air Canada
D) Ivory soap

E) All of the above
F) A) and B)

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Test marketing is:


A) almost always done, especially for consumer services.
B) not usually done with services, expensive consumer products, or costly industrial products.
C) almost always done for new consumer products, including more expensive ones.
D) not usually done with most products because of the time and expense involve

E) A) and B)
F) None of the above

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Services-marketing experts generally agree that there is a hierarchy of new-service categories that is somewhat similar to the continuous,dynamically continuous,and discontinuous innovation continuum for physical products.This hierarchy consists of ______ categories.


A) four
B) five
C) six
D) seven

E) All of the above
F) A) and C)

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Which of the following best illustrates the concept of derived demand as explained in the text?


A) The number of retail stores in a downtown area decreases and demand for retail goods increases.
B) An increase in the number of new single family homes results from a spurt in the gross national product.
C) The heat wave results in an increased demand for air conditioners.
D) Jet engine manufacturers experience increased sales because more tourists are taking international vacations.

E) A) and B)
F) C) and D)

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A failure fee is a penalty payment:


A) assessed by a retailer to a manufacturer to handle new products that were returned by customers as being defective.
B) a wholesaler makes to a retailer as compensation for sales not made while the product was on the shelf.
C) made by a manufacturer to a retailer for "product demonstration" coupons that were not redeemed by customers during a test market of a new product.
D) a manufacturer makes to a retailer as compensation for sales not made while the product was on the shelf.

E) A) and B)
F) A) and C)

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Reviewing the reputation of support goods is most critical for which item?


A) KPMG audit services
B) Office Depot paper clips
C) Dufferin Quarries for gravel
D) Lenovo enterprise computer installers

E) A) and D)
F) B) and D)

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Why would a cash register be considered a business good?


A) It is a product or services used to make the consumer's task easier.
B) It is a product purchased for resale.
C) It is a product that assists directly or indirectly in providing products for resale.
D) It is a product that a consumer will make an effort to seek out and buy.

E) A) and D)
F) C) and D)

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