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Chapter 3 Consumer needs and motivation Multiple choice questions 1.
______ is/are the basis of all modern marketing.
a.
Profit growth
b.
Human needs
c.
Technology
d.
Psychology
Answer: b Difficulty: 1 AACSB: Application of Knowledge Topic: Ch3 – Consumer needs and motivation 2.
The key to a company’s survival, profitability and growth in a highly
competitive marketplace is: a.
to continue to increase quality and forgo profits.
b.
to continue to identify and satisfy unfulfilled consumer needs better and sooner than the competition.
c.
to sell what it’s good at making.
d.
to convince consumers that they should buy more products.
Answer: b Difficulty: 2 AACSB: Application of Knowledge Topic: Ch3 – Consumer needs and motivation 3.
When a marketer defines their market in terms of the needs they presume
to satisfy, rather than in terms of the products they sell, this is known as the:
Copyright © 2014 Pearson Australia (a division of Pearson Australia Group Pty Ltd) – 9781442561533/Schiffman/Consumer behaviour/6e
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