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1. Which of the following is an example of micromarketing?
A coupon for a restaurant that is delivered via US Mail
Suggested items at the bottom of a product page on Amazon
An ad for a Chevy Corvette that airs during a NASCAR race
A sample stand at Costco
2. Which is an example of a product that receives by-product pricing?
Cheese curds
Day old bread
Vintage stereos
French fries
3. Which of the following is true?
Services are more heterogeneous than goods.
Goods possess inseparability; services do not.
Goods are generally more expensive than services.
Goods are intangible; services are not.
4.
Why are innovation and entrepreneurial spirit important to market entry or market expansion? Give examples.
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