Marketing refers to the process of developing

Question 1
__________ marketing refers to the process of developing solid knowledge about customers and their likes and dislikes by tracking and using the pattern and content of communications to and from the customers.
A. Profile
B. Customer focused
C. Closed-loop
D. Responsive
 

Question 2
__________ refers to the ability of a business to identify and target individual customers, as with pointcast technologies.
A. Addressability
B. Accountability
C. Customer-centric
D. Modularization
 

Question 3
Prior to the emergence of relationship marketing, business researchers and practitioners emphasized the importance of understanding and implementing practices that promoted a company’s ability to:
A. bring a product to market.
B. complete transactions.
C. compete in the marketplace.
D. increase product prices.
 

Question 4
__________ exists when an interaction between two parties indicates cooperative actions undertaken for mutual benefit; that is, the customer becomes an active partner in creating the nature of the exchange.
A. Synthesis
B. Symbiosis
C. A continuum
D. A collaborative orientation
 

Question 5
Which of the following is NOT one of the fundamental shifts in the ways that business researchers and practitioners address business exchange?
A. From a competition focus to a cooperation focus
B. From a discrete, company-based focus to a networked focus
C. From a relational exchange focus to a transactional focus
D. From a product focus to a person focus
 

Question 6
By integrating and analyzing stored data, through a process known as data __________, businesses can better match targeted offers to customer needs and expectations.
A. analysis
B. warehousing
C. management
D. mining
 

Question 7
Customer __________ management is the oversight of the set of interactions between a company and its customers, from initial contact through customer support.
A. lifetime value
B. relationship
C. life cycle
D. expectations
 

Question 8
__________ is exhibited as willingness to rely on an exchange partner, based on perceptions of the partner’s reliability and integrity.
A. Trust
B. Commitment
C. Satisfaction
D. Relationship
 

Question 9
A(n) __________ is a software agent that can learn a customer’s preferences, and then carry out search actions that match this knowledge with knowledge of other user’s preferences.
A. search engine
B. recommender system
C. CRM system
D. smart card
 

Question 10
Which of the following is NOT an expectation of a payment system?
A. Integrity
B. Confidentiality
C. Authority
D. Authentication
 

Question 11
As a communication resource, the Internet serves as a __________, or a means for closing the marketing loop by obtaining feedback about the product experience from the consumer.
A. marketing agent
B. response device
C. database
D. transference device
 

Question 12
__________ theory provides a framework that integrates complaint management processes with psychological measures of relational exchange.
A. Decision
B. Delivery
C. Justice
D. Response
 

Question 13
Which of the following is NOT a basis for assessing distributive justice?
A. Distributive expectation
B. Distributive equity
C. Distributive equality
D. Distributive needs
 

Question 14
__________ are dimensions that reflect the behaviors and expectations of behavior in a particular buyer-seller relationship.
A. Legal bonds
B. Cooperative norms
C. Operational linkages
D. All of the above
 

Question 15
B2B customers in the high-tech industry prefer __________ for customer service communications.
A. telephone contact
B. CRM
C. the Internet
D. self-service
 

Question 16
Which of the following is NOT a characteristic that defines software agents?
A. Collaborative
B. Agency
C. Intelligence
D. Mobility
 

Question 17
Which of the following is NOT a dimension of perceived justice applied when a customer evaluates the quality of complaint handling?
A. Distributive
B. Interactional
C. Transactional
D. Procedural
 

Question 18
Satisfaction is most linked to:
A. product awareness.
B. recommendations.
C. trust.
D. sales.
 

Question 19
Which of the following is NOT an aspect of transactional trust?
A. Integrity
B. Authority
C. Confidentiality
D. Authentication
 

Question 20
Relationship profiles are based on relationship:
A. indicators.
B. connectors.
C. exchanges.
D. authentication.