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MARKETING 1.03. Practice Questions. What is one way that businesses use marketing information? . 1-To develop new products 2-To determine credit scores 3-To change economic trends 4-To prepare sales invoices . What is one way that businesses use marketing information? .

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marketing 1 03

MARKETING 1.03

Practice Questions

what is one way that businesses use marketing information
What is one way that businesses use marketing information?

1-To develop new products2-To determine credit scores3-To change economic trends4-To prepare sales invoices

what is one way that businesses use marketing information3
What is one way that businesses use marketing information?

1-To develop new products2-To determine credit scores3-To change economic trends4-To prepare sales invoices

what does continuously monitoring internal marketing information enable businesses to do
What does continuously monitoring internal marketing information enable businesses to do?

1-Investigate competitors2-Identify problems3-Evaluate market share4-Analyze economic changes

what does continuously monitoring internal marketing information enable businesses to do5
What does continuously monitoring internal marketing information enable businesses to do?

1-Investigate competitors2-Identify problems3-Evaluate market share4-Analyze economic changes

what is one way that many businesses use the marketing information contained in sales reports
What is one way that many businesses use the marketing information contained in sales reports?

1-To monitor expense accounts2-To qualify potential new customers3-To improve the effectiveness of salespeople4-To develop negotiating techniques

what is one way that many businesses use the marketing information contained in sales reports7
What is one way that many businesses use the marketing information contained in sales reports?

1-To monitor expense accounts2-To qualify potential new customers3-To improve the effectiveness of salespeople4-To develop negotiating techniques

by monitoring its sales and its customers buying habits what is a business often able to identify
By monitoring its sales and its customers' buying habits, what is a business often able to identify?

1-Popular products2-Research methods3-Economic resources4-Competitors' activities

by monitoring its sales and its customers buying habits what is a business often able to identify9
By monitoring its sales and its customers' buying habits, what is a business often able to identify?

1-Popular products2-Research methods3-Economic resources4-Competitors' activities

slide10
XYZ Company noticed that the sales of iPads in blue have increased in sales.  What can be the business determine about the iPads?

1-Popular products2-Research methods3-Economic resources4-Competitors' activities

slide11
XYZ Company noticed that the sales of iPads in blue have increased in sales.  What can be the business determine about the iPads?

1-Popular products2-Research methods3-Economic resources4-Competitors' activities

slide12

What type of internal report would indicate to a business that sales for a specific product have dramatically dropped over the past three months?

1-Market demographics analysis2-Accounts payable summary3-Annual income statement4-Quarterly inventory status

slide13

What type of internal report would indicate to a business that sales for a specific product have dramatically dropped over the past three months?

1-Market demographics analysis2-Accounts payable summary3-Annual income statement4-Quarterly inventory status

slide14
What type of marketing data can a business obtain by reviewing its inventory reports and customers' invoices?

1-Product quality2-Customers' credit limits3-Customers' product preferences4-Actual market share

slide15
What type of marketing data can a business obtain by reviewing its inventory reports and customers' invoices?

1-Product quality2-Customers' credit limits3-Customers' product preferences4-Actual market share