Which of the following statements is true of an express warranty?
answer
It ranges from simple statements to extensive documents written in technical language.
question
Elsem Foods Inc. is a company that manufactures packaged food. It sells several varieties of packaged food such as savories, cupcakes, candies, crackers, fruit juices, and carbonated drinks. It receives its largest profit from its newly introduced line of tropical fruit juices that are available in different flavors, such as orange, apple, litchi, and cranberry. Given this information, which of the following is a product item of Elsem Foods?
answer
orange juice
question
Which of the following statements is true of an implied warranty?
answer
It comes with the sale of every product under the Uniform Commercial Code.
question
Which of the following statements is true of an organization's product mix?
answer
Firms widen their product mix to capitalize on established reputations
Which of the following statements is true of a specialty product?
answer
It is marketed using selective, status-conscious advertising to maintain its exclusive image.
question
One of the functions of universal product codes (UPCs) is to:
answer
help retailers prepare records of customer purchases.
question
Which of the following statements is true of an unsought product?
answer
Companies dealing with unsought products must go directly to consumers through a salesperson, direct mail, or direct response advertising to create awareness about their products.
question
The most obvious function of packaging is to:
answer
contain products that are liquid, granular, or otherwise divisible.
question
Which of the following statements is true of product lines?
answer
They provide economies of scale in advertising.
question
Dunchen Moo, a manufacturer of dairy products, sells milk powders, flavored whipped cream, and yogurts. It markets a number of yogurts, including Dunchen All Natural, Dunchen Fruit on the Bottom, Dunchen Light & Fit, DunActive, and Dun-o-nino. The large variety of yogurts sold by the Dunchen brand is collectively an example of a _____.
answer
product line
question
A cell phone manufacturing company is said to functionally modify one of its products if it:
answer
releases a software update to fix the cell phone's heating problem.
question
Which of the following is a reason why many retailers are creating and promoting their own captive brands?
answer
This strategy allows retailers to ask a price similar or equal to manufacturers' brands.
question
Consumers usually buy a(n) _____ only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility.
answer
shopping product
question
Universal product codes (UPCs) are also known as _____ because the numerical codes appear as a series of thick and thin vertical lines.
answer
bar codes
question
Most major furniture manufacturers affix labels to their wares that explain the products' construction features, such as type of frame, number of coils, and fabric characteristics. This form of labeling is an example of _____.
answer
information labeling
question
Fournotts Corp. manufactures a special kind of filter that can purify water quickly, but the consumers in the market are not aware of the existence of the product. In this case, which of the following strategies will increase the sales of the filter?
answer
Using direct response advertising
question
Which of the following statements is true of convenience products?
answer
A consumer is unwilling to shop extensively for convenience products.
question
_____ occurs when two brands receiving equal treatment borrow from each other's brand equity.
answer
cooperative branding
question
Which of the following statements is true of trademarks?
answer
Rights to trademarks last as long as the mark is used.
question
Identify a true statement about global branding strategies.
answer
A one-brand-name strategy is useful when a company markets mainly one product.
question
Which of the following statements is true of product items?
answer
They can be easily distinguished from other products produced by the same organization.
question
Compared with convenience products, shopping products are:
answer
found in fewer stores
question
Identify a true statement about specialty products.
answer
They are distributed to only a few outlets in a geographic area.
question
Eve Aura, a manufacturer of bath and beauty products, predominantly sells convenience products. Given this information, which of the following is a characteristic of Eve Aura's products?
answer
They require wide distribution in order to sell sufficient quantities.
question
Remnants Perfumes is a premium, exotic women's fragrance. The manufacturers of Remnants Perfumes want to establish their products as specialty products. In this case, which of the following will be an objective of the manufacturers of Remnants Perfumes?
answer
To focus on establishing a brand name
question
Gypsy Foods Inc. is a multinational food and beverage company. Its product labels are colorful and project the words "new" and "improved" along with the product's name. The packages do not provide details about the product's ingredients. In this case, Gypsy Foods is using _____.
answer
persuasive labeling
question
A _____ is not possible when a brand name has a negative or vulgar connotation in the local language.
answer
one-brand-name strategy
Haven't found what you need?
Search for quizzes and test answers now
Quizzes.studymoose.com uses cookies. By continuing you agree to our cookie policy