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Chapter 1: The Role of Marketing Research in Management Decision Making
Multiple Choice
1. The process of creating, communicating, delivering, and exchanging offerings that have
value for customers, clients, partners, and society at large is called:
a. marketing.
b. promotion.
c. marketing research.
d. marketing strategy.
e. selective research.
2. When a customer gives a credit card to a retailer to purchase an item, and then takes the
item out of the store, we say that a(n) __________ has occurred.
a. profit
b. exchange
c. evaluative research
d. selective research
e. applied research
3. When a company attempts to offer a product to potential customers that will meet their
needs better than the competition, we say that this company has a(n):
a. goal orientation.
b. systems orientation.
c. consumer orientation.
d. profit orientation.
e. programmatic orientation.