AB 219 STUDY Education Terms/ab219study.com AB 219 STUDY Education Terms/ab219study.com | Page 2

1. Question : Indicate whether the statement presented is true or false. The Internet is an important resource for gathering competitive intelligence, but non-computer sources such as company salespeople, industry experts, and Uniform Commercial Code filings can be equally valuable. 2. Question : What is the philosophy that focuses on the internal capabilities of the firm rather than on the desires and needs of the marketplace? 3. Question : Indicate whether the statement presented is true or false. The system most commonly used for gathering marketing information is called an information processing system. 4. Question : Which definition below describes secondary data? 5. Question : What is the term that refers to a companywide business strategy designed to optimize profitability, revenue, and customer satisfaction by focusing on precise customer groups? 6. Question : Indicate whether the statement presented is true or false. A strategy that focuses on keeping and improving relationships with current customers is called relationship marketing. 7. Question : What is the term for the delegation of authority to employees to solve customers’ problems quickly- usually by the first person the customer notifies regarding a problem? Question 8. Question : Indicate whether the statement presented is true or false. Tim’s Telemarketing Service is using creative tactics to get prospective customers to buy a product they may or may not need. This is known as the relationship concept. 9. Question : Indicate whether the statement presented is true or false. A specially designed phone room used to conduct telephone