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All of the following factors affect pricing strategies except


A) degree of competitive pressure.
B) government mandates.
C) changes in demand.
D) distribution costs.

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

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Explain the new marketing concept for entrepreneurs.

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The new marketing logic requires a funda...

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Sales forecasting is a process of projecting future sales through educated guesses.

A) True
B) False

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Which of the following statements about conventional marketing is not true?


A) In conventional marketing, marketing is seen as an objective, dispassionate science.
B) In terms of risk perspective, conventional marketers seek risk minimization.
C) In conventional marketing, customers are viewed as sources of intelligence and feedback.
D) In conventional marketing, the role of a marketer is that of internal and external change agent.

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

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A consumer-driven marketing philosophy often relies on direct selling.

A) True
B) False

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Which of the following survey methods has the lowest response rate?


A) phone interviews
B) personal interviews, door to door
C) Internet surveys
D) mail surveys

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

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Geographic flexibility is greater for telephone interviews than for in-person interviews.

A) True
B) False

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Which of the following is not associated with entrepreneurial tactics in market research?


A) guerrilla marketing
B) lead user research
C) in-person interviews
D) blog monitoring

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

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List and describe two entrepreneurial tactics in market research.

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Students may choose to describe any two ...

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Pricing procedures are the same for all types of ventures.

A) True
B) False

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The freemium model requires new and exciting content each month to build a long-term relationship with fee-paying customers.

A) True
B) False

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When developing a survey, you should consider


A) including only questions pertaining to the study.
B) asking leading and biased questions.
C) giving concise but incomplete instructions.
D) the personality of the respondents.

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

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Marketing research involves the gathering of information about a particular market, followed by analysis of the information.

A) True
B) False

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