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Market-driven firms spot market changes and react well in advance of their competitors. This
illustrates:
status: incorrect
score: 0.0
correct answer: c
your answer: a
rejoinder: Incorrect.
Distribution by size is the only concentration factor important to the business marketer.
True
False
2.
status: incorrect
score: 0.0
correct answer: false
your answer: true
rejoinder: Incorrect.
3.
A negative implication of the geographical concentration of manufacturers is:
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7/27/2017 Xavier University Bhubaneswar Mail - Results for Business Marketing Management: B2B 10e
b. that distribution centers in large-volume areas can ensure rapid delivery to a large proportion
of customers.
status: correct
score: 1.0
correct answer: a
your answer: a
rejoinder: Correct.
4.
d. centering attention on the executive who has buying authority and is also a decider.
e. isolating the role that top management assumes in ongoing purchasing activities.
status: incorrect
score: 0.0
correct answer: b
your answer: a
rejoinder: Incorrect.
5.
Business marketing relationships vary in terms of their closeness or degree of collaboration.
Transactions that are almost, if not entirely, void of a close, collaborative relationship:
c. are one-time exchanges of value between two parties with no prior or subsequent interaction.
d. intend to move each partner toward the attainment of some long-term strategic goal.
status: incorrect
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7/27/2017 Xavier University Bhubaneswar Mail - Results for Business Marketing Management: B2B 10e
score: 0.0
correct answer: c
your answer: a
rejoinder: Incorrect.
________ centers on the timely exchange of basic products for highly competitive market prices:
a. Value-adding exchange
b. Transactional exchange
c. Collaborative exchange
6.
d. Marketing exchange
status: incorrect
score: 0.0
correct answer: b
your answer: a
rejoinder: Incorrect.
True
7. False
status: correct
score: 1.0
correct answer: true
your answer: true
rejoinder: Correct.
8.
The four components of customer interface are:
b. company boundaries, fulfillment and support, relationship dynamics, and pricing structure.
c. fulfillment and support, information and insight, relationship dynamics, and pricing structure.
d. fulfillment and support, information and insight, relationship dynamics, and company
boundaries.
e. information and insight, core strategy, strategic resources, and customer benefits.
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7/27/2017 Xavier University Bhubaneswar Mail - Results for Business Marketing Management: B2B 10e
status: incorrect
score: 0.0
correct answer: c
your answer: a
rejoinder: Incorrect.
In the hierarchy of strategies, the three major levels of strategy are corporate, institutional, and
government.
True
9. False
status: incorrect
score: 0.0
correct answer: false
your answer: true
rejoinder: Incorrect.
Firms that can quickly and intelligently seize global opportunities can typically secure three kinds of
competitive advantage. They are a cost advantage, a capabilities advantage, and a market access
advantage.
True
10. False
status: correct
score: 1.0
correct answer: true
your answer: true
rejoinder: Correct.
A strong brand reflects the values of the target customer and this creates and reinforces brand loyalty.
True
False
11.
status: correct
score: 1.0
correct answer: true
your answer: true
rejoinder: Correct.
12.
Brand attitude is defined as the percentage of organizational buyers who have a negative image of a
company minus the buyers with a positive one.
True
False
status: incorrect
score: 0.0
correct answer: false
your answer: true
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7/27/2017 Xavier University Bhubaneswar Mail - Results for Business Marketing Management: B2B 10e
your answer: true
rejoinder: Incorrect.
Which phase of the lead user method is when a team talks to experts in the field who have a broad
view of emerging technologies and pioneering applications in a particular area?
status: incorrect
score: 0.0
correct answer: b
your answer: a
rejoinder: Incorrect.
True
False
14.
status: incorrect
score: 0.0
correct answer: false
your answer: true
rejoinder: Incorrect.
15.
New service projects that fail:
b. enter a market with limited market potential or one that is populated with well-entrenched
competitors.
c. tend to capitalize on the firm's reputation but suffer because of inappropriate pricing.
status: incorrect
score: 0.0
correct answer: e
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7/27/2017 Xavier University Bhubaneswar Mail - Results for Business Marketing Management: B2B 10e
your answer: a
rejoinder: Incorrect.
a. information platforms.
b. transaction platforms.
16.
d. (a) and (c) only.
status: incorrect
score: 0.0
correct answer: e
your answer: a
rejoinder: Incorrect.
The type of Interorganizational E-Commerce that helps to reduce the number of suppliers, lower
procurement costs, and increase order cycle time is:
a. inventory management.
b. distribution management.
c. supplier management.
17.
d. channel management.
e. payment management.
status: incorrect
score: 0.0
correct answer: c
your answer: a
rejoinder: Incorrect.
18.
The type of Business-to-Customer E-Commerce where customers can electronically communicate
about order status, product applications, problems with products, and product returns is:
a. product information.
b. service.
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7/27/2017 Xavier University Bhubaneswar Mail - Results for Business Marketing Management: B2B 10e
c. sales.
d. payment.
e. marketing research.
status: incorrect
score: 0.0
correct answer: b
your answer: a
rejoinder: Incorrect.
a. delivery time.
b. total cost.
c. damage.
19.
d. order accuracy.
e. delivery reliability.
status: incorrect
score: 0.0
correct answer: b
your answer: a
rejoinder: Incorrect.
The price sensitivity of buyers increases when they can easily shop around and assess the relative
performance and price of alternatives.
True
20. False
status: correct
score: 1.0
correct answer: true
your answer: true
rejoinder: Correct.
21.
Which of the following are examples of add-on benefits?
b. Supplier flexibility
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7/27/2017 Xavier University Bhubaneswar Mail - Results for Business Marketing Management: B2B 10e
c. Commitment
status: incorrect
score: 0.0
correct answer: d
your answer: a
rejoinder: Incorrect.
True
False
22.
status: incorrect
score: 0.0
correct answer: false
your answer: true
rejoinder: Incorrect.
Role ambiguity and role conflict have a detrimental influence on the job satisfaction of the industrial
sales force.
True
23. False
status: correct
score: 1.0
correct answer: true
your answer: true
rejoinder: Correct.
24.
Using the ________ measurement approach to salesperson performance, sales managers employ
objective measures to evaluate performance and emphasize a compensation system with a large
incentive component.
a. esteem-based
b. behavior-based
c. satisfaction-based
d. outcome-based
status: incorrect
score: 0.0
correct answer: d
your answer: b
rejoinder: Incorrect.
When the customer has a more transactional focus, the marketer should:
c. monitor performance results and the relative effectiveness of different sales channels.
25.
d. all of the above.
status: incorrect
score: 0.0
correct answer: d
your answer: a
rejoinder: Incorrect.
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