Respuesta :
In case you're in hurry, the correct answers are:
1) C
2) A
3) C
4) B
5) C
6) A
7) C
8) A
9) A
10) B
Detailed Explanation:
1) In marketing, the real value of an item, in simple terms, is the cost to produce the product. Let us take an example of an Apple product(say iPhone). Its real value is the cost of making its whole design, electronics, certain components within that electronics, the casing etc. In the options given, the one that satisfies the definition of item's real value is: Option C) Equal to the cost of its production.
2) Bartering is an exchange process. An example would be helpful to explain the concept. Let us suppose that there are only three people in the world, say Tom, Marija and Hanna. Tom has apples, Marija has oranges, and Hanna has mangoes. Tom loves oranges; therefore, he would go to Marija and ask her to exchange orange for apples. If Marija wants apples, she would most likely exchange oranges for apples. What if Marija wants mangoes instead of apples? She might exchange one or two oranges with Tom, and rest she would exchange with Hanna for mangoes. The bottom line is that in bartering the "real" goods and services are being exchanged instead of any kind of money. The correct answer is: A) True.
3) Marketing, according to American Marketing Association, is the set of activities and processes for creating, delivering and exchanging offerings that have value for customers. Customers always have a choice in the market, therefore, the core of marketing of any company/corporate is the benefit or the value a customer receives from the exchange in the market. The measure of that benefit and the value, in Marketing, is utility. The correct option is: C) Utility.
4) In Alabama more facilities are available. Stadiums there are much more bigger than that of in Oregon. Coaching facilities in Alabama are easily accessible to the consumers compared to that of in Oregon. Furthermore, the population of Alabama is more than that of Oregon. Therefore, place is the vital factor in the popularity of Colligate football merchandise. In marketing, Place Utility is the availability of a product or service in a location that is convenient and easily accessible to the customers. Hence, the correct option is: B) Place Utility.
5) Real value is the real cost of the production of an item. Perceived value is the worth of an item in the eyes of a consumer. Form Utility is the method of increasing the overall attractiveness of a product or making a product ready for consumption to a group of consumers by changing its physical appearance. Therefore, the correct option is: C) Form Utility.
6) Real value, as I explained above, is the cost to produce the product. In order to get much of the profit out of the product, sellers attempts to increase the real value. For example, if a company makes an item or product for $10, in order to get the profit out of it, it(company) advertises to increase its real value from $10 to $20. The correct option is: A) True
7) In modern-day society, the exchange process is primarily based on the monetary system. Individuals use money to buy items. States/countries uses money, almost all of the times, to sell and buy the services/goods. Therefore, the correct option is: C) The monetary system
Did you know(Information): Few countries prefer that bartering system along with the monetary system. Like China, Indonesia etc.
8) Indeed, the companies with a website use this online portal to directly sell their products to consumers. Apple, for instance, sell its products(iPad, iPhone, Macbooks, Apple TV, Watches etc.) online. Twitter and Facebook selling their services in terms of advertisements. There are hundreds and thousands of such examples.Therefore, the correct option is: A) True.
9) In present-day society, internet marketing is being used to promote and sell certain services and commodities. For example, on Facebook. Most of the businesses float their advertisements there for selling their products. Ebay and Amazon are the prime examples of selling the products online. The correct option is: A) True
10) Item's utility in Marketing is the expected satisfaction that a consumer gets upon the consumption of that particular item or product. It is not how the product is used by the consumer. Therefore, the correct option is: B) False.
1) C
2) A
3) C
4) B
5) C
6) A
7) C
8) A
9) A
10) B
Detailed Explanation:
1) In marketing, the real value of an item, in simple terms, is the cost to produce the product. Let us take an example of an Apple product(say iPhone). Its real value is the cost of making its whole design, electronics, certain components within that electronics, the casing etc. In the options given, the one that satisfies the definition of item's real value is: Option C) Equal to the cost of its production.
2) Bartering is an exchange process. An example would be helpful to explain the concept. Let us suppose that there are only three people in the world, say Tom, Marija and Hanna. Tom has apples, Marija has oranges, and Hanna has mangoes. Tom loves oranges; therefore, he would go to Marija and ask her to exchange orange for apples. If Marija wants apples, she would most likely exchange oranges for apples. What if Marija wants mangoes instead of apples? She might exchange one or two oranges with Tom, and rest she would exchange with Hanna for mangoes. The bottom line is that in bartering the "real" goods and services are being exchanged instead of any kind of money. The correct answer is: A) True.
3) Marketing, according to American Marketing Association, is the set of activities and processes for creating, delivering and exchanging offerings that have value for customers. Customers always have a choice in the market, therefore, the core of marketing of any company/corporate is the benefit or the value a customer receives from the exchange in the market. The measure of that benefit and the value, in Marketing, is utility. The correct option is: C) Utility.
4) In Alabama more facilities are available. Stadiums there are much more bigger than that of in Oregon. Coaching facilities in Alabama are easily accessible to the consumers compared to that of in Oregon. Furthermore, the population of Alabama is more than that of Oregon. Therefore, place is the vital factor in the popularity of Colligate football merchandise. In marketing, Place Utility is the availability of a product or service in a location that is convenient and easily accessible to the customers. Hence, the correct option is: B) Place Utility.
5) Real value is the real cost of the production of an item. Perceived value is the worth of an item in the eyes of a consumer. Form Utility is the method of increasing the overall attractiveness of a product or making a product ready for consumption to a group of consumers by changing its physical appearance. Therefore, the correct option is: C) Form Utility.
6) Real value, as I explained above, is the cost to produce the product. In order to get much of the profit out of the product, sellers attempts to increase the real value. For example, if a company makes an item or product for $10, in order to get the profit out of it, it(company) advertises to increase its real value from $10 to $20. The correct option is: A) True
7) In modern-day society, the exchange process is primarily based on the monetary system. Individuals use money to buy items. States/countries uses money, almost all of the times, to sell and buy the services/goods. Therefore, the correct option is: C) The monetary system
Did you know(Information): Few countries prefer that bartering system along with the monetary system. Like China, Indonesia etc.
8) Indeed, the companies with a website use this online portal to directly sell their products to consumers. Apple, for instance, sell its products(iPad, iPhone, Macbooks, Apple TV, Watches etc.) online. Twitter and Facebook selling their services in terms of advertisements. There are hundreds and thousands of such examples.Therefore, the correct option is: A) True.
9) In present-day society, internet marketing is being used to promote and sell certain services and commodities. For example, on Facebook. Most of the businesses float their advertisements there for selling their products. Ebay and Amazon are the prime examples of selling the products online. The correct option is: A) True
10) Item's utility in Marketing is the expected satisfaction that a consumer gets upon the consumption of that particular item or product. It is not how the product is used by the consumer. Therefore, the correct option is: B) False.
