Chapter 5 Quiz Questions Group 4 1. Which is NOT a macroenvironmental factor? a.) Culture b.) Technology c.) Economy d.) Competition Answer: D 2. Of the following entities, which is at the center of the marketing environment? a.) Consumers b.) Culture c.) Competitors d.) The company itself e.) Corporate partners Answer: A 3. What are the factors that affect the consumer’s immediate environment? a.) The company’s capabilities b.) Competition c.) Corporate partners d.) All of the above Answer: D 4. The group of babies born after World War II in the United States are known as the a.) Digital Natives b.) Millennials c.) Baby Boomers d.) Generation X Answer: C 5. Advertised food items must provide all of the following except a.) Basic nutrients b.) Less than 30 percent of their total calories from fat c.) No added sweeteners d.) No trans-fat e.) None of the above Answer: D Chapter 5 Quiz Questions Group 4 6. Approximately 80 percent of all population growth in the next 20 years is expected to come from which group(s) a.) African Americans b.) Hispanics c.) Asians d.) All of the above e.) None of the above Answer: D 7. Which of the following is not an example of competition pertaining to the immediate environment? a.) Gillette competing with Schick b.) Best Buy competing with Home Depot c.) Walmart competing with Target d.) Pizza Hut competing with Dominos Answer: B 8. What macroenvironmental factor focuses on shared beliefs, morals, values, and customs of a group of people? a.) Demographic b.) Social c.) Political/Legal d.) Culture Answer: D 9. A group of people of the same generation is called a a.) Generational cohort b.) Demographics c.) Generational Culture d.) Regionals Answer: A 10. When a company strategically supplies customers with environmentally friendly merchandise, it is known as a.) Going green b.) Environmental conservation c.) Green business d.) Green marketing Answer: D Chapter 5 Quiz Questions Group 4 11. Which do marketers have to understand about their firm's competitors? a.) Strengths b.) Weaknesses c.) Likely reactions to marketing activities that their own firm undertakes d.) All of the above Answer: D 12. Which of these is not a part of CDSTEP? a.) Social Trends b.) Economic Situation c.) Preferred Marketplace Items d.) Technological Advances Answer: C 13. Which of the following generations is considered the “Millennials”? a.) Generation X b.) Generation Y c.) Digital Natives d.) Baby Boomers Answer: B 14. What is Purchasing Power tied to? a.) Wealth b.) Income c.) Status d.) Rank Answer: B 15. What provides an easily understood snapshot of the typical consumer in a specific target market? a.) SWOT Analysis b.) Marketing Overview c.) Demographics d.) JIT Answer: C Chapter 5 Quiz Questions Group 4 16. Which company helped found USDA, and EPA? a.) General Motors b.) Johnson & Johnson c.) Coca-Cola d.) Wal-Mart Answer: A 17. Technology has impacted which aspects of Marketing? a.) New products b.) Communication c.) Advertising d.) All aspects Answer: D 18. Which of the following is not included in the political/regulatory environment? a.) Foreign Government Regulations b.) Inflation c.) Foreign Currency Fluctuations d.) Interest Rates Answer: A 19. The different labels of soft drinks (i.e. “Soda, Coke, Pop”) is an example of what? a.) Country Culture b.) Regional Diversity c.) Country Diversity d.) Regional Culture Answer: D 20. Out of the following demographics, which is the most infrequently used? a.) Income b.) Education c.) Race d.) Gender Answer: B Chapter 5 Quiz Questions Group 4 21. Over time, gender based demographic patterns have… a.) Reversed b.) Stayed the same c.) Increased d.) not had an impact in organizations Answer: A 22. Though they only make up less than 6 percent of the U.S. population, this minority population is the fastest-growing. a.) Pacific Islanders b.) Asians c.) African Americans d.) Hispanics Answer: B 23. Which of the following is not a part of the marketing environment analysis framework’s immediate environment? a.) Consumers b.) Competition c.) Suppliers d.) Corporate Partners Answer: C 24. Culture is composed of all of the following besides. a.) Beliefs b.) Morals c.) Values d.) Ethnicity Answer: D