Music, video, or textbook downloading (even when done clandestinely) is just a way to create a more efficient supply chain because it “cuts out the middleman” (e.g., stores that sell music, video, and books). Do you agree? Why or why not?
> What is media planning? How do media planners use reach, frequency, gross rating points, and cost per thousand in developing effective media schedules?
> How do marketers pretest their ads? How do they post-test ads?
> What are different types of branded content? How do marketers use branded entertainment and support media, such as directories, out-of-home media, and place-based media, to communicate with consumers?
> What is digital media? What are owned, paid, and earned media? What are the different advertising activities or techniques included in website advertising, mobile advertising, and video sharing?
> Describe the steps in developing an advertising campaign. What is a creative brief? What is meant by the appeal, execution format, tonality, and creative tactics used in an ad campaign?
> What are some of the major criticisms of advertising? What is corrective advertising? What is puffery?
> What is consumer-generated advertising and why is it growing in importance? What is crowdsourcing and how is it used in advertising?
> Firms may seek the help of full-service or limited-service advertising agencies for their advertising. Describe each.
> Describe push versus pull strategies. What is advertising, and what types of advertising do marketers use most often? What is an advertising campaign?
> Explain some of the different types of trade sales promotions marketers frequently use.
> Describe the major ways in which firms develop marketing communication budgets.
> Explain the hierarchy of effects and how it is used in communication objectives.
> List and explain the steps in promotion planning.
> List the elements of the promotion mix and describe how they are used to deliver personal and mass appeals.
> Describe the traditional communication model.
> What is promotion? What is integrated marketing communication? What are multichannel promotional strategies?
> You learned that media planners use a variety of metrics to help in making decisions on what TV show or which magazines to include in their media plans. Two of these are gross rating points (GRPs) and cost per thousand (CPM). Assume you are developing a
> As a soon-to-be college graduate, you be will be looking for a full-time job in your field. As part of this process, you will need to learn to successfully market yourself. Prepare an outline for your marketing plan. First, list the special problems and
> Because of increased competition in its community, you have been hired as a marketing consultant by a local restaurant. You know that the characteristics of services (intangibility, perishability, variability, and inseparability) create unique marketing
> What do we mean by marketing people? Marketing places? Marketing ideas?
> Address the same issues in item 12-22 for a marketing plan for the town or city where your college is located. How would you market this town or city and the surrounding area as part of the overall college experience to potential students?
> Companies track a wide range of metrics within the supply chain area. Some of the most common ones are the following: • On-time delivery • Accuracy of forecasted inventory needs • Returns processing cost as a percentage of product revenue • Customer orde
> The supply chain concept looks at both the inputs of a firm and the firms that facilitate the movement of the product from the manufacturer to the consumer. Do you think marketers should be concerned with the total supply chain concept? Why or why not?
> RFID tags are extremely useful for retailers, but many consumers have responded negatively to them, even calling them “spy chips.” What are the ethical issues that retailers must be aware of when they use these chips? What responsibility do retailers hav
> Can a company’s reverse logistics system have a significant influence on how a consumer views the organization and its brand? Are there specific types of products for which a company’s reverse logistics system could play a more important role in contribu
> As colleges and universities are looking for better ways to satisfy their customers, an area of increasing interest is the distribution of their product (which of course is a student’s education). Describe the characteristics of your school’s channel(s)
> Pizza is big business. Americans spend over $40 billion on pizza every year. With more than 59,000 U.S. stores that sell and deliver pizza, customers have lots of options from which to choose. Dominos wants more and more of them to make Domino's their on
> As the one-person marketing department for a candy manufacturer (your firm makes high-quality, hand-dipped chocolates using only natural ingredients), you are considering making changes in your distribution strategy. Your products have previously been so
> To bring cost-effective products to your door, retailers like Walmart use suppliers, some of which may contract work out to other suppliers and so on. And while the initial suppliers that Walmart contracts with may be socially responsible, not all suppli
> When can offering too many choices become too much to handle? Target has gone through a period of bad press as a result of an unacceptable level of stock-outs that upset customers and decreased sales. The discount retailer believes that it can solve the
> What are the advantages and disadvantages of shipping by rail? By air? By ship? By truck?
> What is logistics? Explain the functions of logistics. What is reverse logistics?
> Explain the steps in distribution planning.
> Explain intensive, exclusive, and selective forms of distribution.
> What are conventional, vertical, and horizontal marketing systems?
> What factors are important in determining whether a manufacturer should choose a direct or indirect channel? Why do some firms use hybrid marketing systems?
> List and explain the types of independent and manufacturer-owned wholesaling Intermediaries.
> Assume that you are the head of PR for a regional fast-food chain that specializes in fried chicken and fish. A customer has claimed that he became sick when he ate a fried roach that was in his chicken dinner at one of your restaurants. As the director
> Explain the functions of distribution channels.
> What is a channel of distribution? What are channel intermediaries?
> What is inventory control, and why is it important?
> What is a supply chain, and how is it different from a channel of distribution?
> Given this particular example, what are some things the manufacturer might work on to bring the overall perfect order measurement higher? What would be the advantages to the firm of investing in making this already good number even better for customers?
> Is a zero error rate realistic? How close should a firm be expected to come to zero errors? How do you suggest motivating employees toward reducing these errors?
> Do you think the firm should be satisfied with this level of performance? Why or why not? What particular areas need attention, if any?
> As a soon-to-be college graduate, you be will be looking for a full-time job in your field. As part of this process, you will need to learn to successfully market yourself. Prepare an outline for your marketing plan. First, list the special problems and
> Because of increased competition in its community, you have been hired as a marketing consultant by a local restaurant. You know that the characteristics of services (intangibility, perishability, variability, and inseparability) create unique marketing
> Address the same issues in item 12-22 for a marketing plan for the town or city where your college is located. How would you market this town or city and the surrounding area as part of the overall college experience to potential students?
> Think of the last time you interacted with a salesperson, whether it was for a new tablet computer or a trendy pair of jeans. Identify the type of salesperson you were interacting with and explain what this person did to fulfill that particular role. Als
> Many not-for-profit and religious organizations have found that they can be more successful by marketing their ideas. What are some ways that these organizations market themselves that are similar to and different from the marketing by for-profit busines
> There has been a lot of criticism about the way politicians have been marketed in recent years. What are some of the ways marketing has helped our political process? What are some ways the marketing of politicians might have an adverse effect on our gove
> Disintermediation is becoming more commonplace in the service industry, often eliminating a customer’s interaction with, for example, bank tellers or supermarket clerks. How does this lack of interaction affect the customer’s experience? How does this la
> What are some possible effects of B2C e-commerce on traditional retailing?
> Your company has developed a new high-end hand cream, designed to noticeably soften hands and reduce the appearance of age spots and scars when used daily. Using the hierarchy of effects, develop communications objectives for your product for consumers w
> Assume that you are a member of the marketing department for a firm that produces several brands of snack foods. Your assignment is to develop recommendations for consumer and trade sales promotion activities for a new low-fat, low calorie, high protein
> What dimensions do consumers and business customers use to evaluate service quality? How should marketers respond to failures in service quality?
> Recently, Twitter has joined other Internet sites in selling preferred positions on the site to generate revenue. Do you feel that such revenue-generating activities make sites such as Twitter less attractive? If you know that the top comments on a site
> What is a service? What are the important characteristics of services that make them different from goods?
> What are intangibles? How do basic marketing concepts apply to the marketing of intangibles?
> What is B2C e-commerce? What are some benefits of B2C e-commerce for consumers and for marketers? What are the limitations of B2C e-commerce?
> Explain the different types of direct selling. What is the difference between a multilevel network and a pyramid scheme?
> Describe the differences in merchandise assortments for convenience stores, supermarkets, box stores, specialty stores, category killers, leased departments, variety stores, general merchandise discount stores, off-price retailers, warehouse clubs, facto
> How do marketers classify retail stores? Explain merchandise breadth and depth.
> Explain retail store shrinkage and the ways shrinkage normally occurs. What is “sweethearting”? What is retail borrowing? What are some of the ethical issues in retailers’ treatment of consumers?
> What is beacon marketing? What are digital wallets?
> Describe experiential merchandising, destination retailing and Omni channel marketing.
> How does the wheel-of-retailing theory explain the evolution of retailing? How do the economic environment, demographics, technology, and globalization affect the future of retailing?
> Just because you're the biggest contender, doesn't mean you'll win every fight. Burger King as the “little guy" compared to market leader McDonald's has established an appealing reputation through social media marketing. In 1954, James Mclamore and David
> Provide examples of resources that are temporarily restricted as to: (a) purpose, (b) time, and (c) the occurrence of a specific event. Provide an example of permanently restricted resources.
> Parents Against Underage Drinking (PAUD) recently paid $50,000 to sponsor a series of commercials on a local television station. Each commercial is one minute in length. In the first 45 seconds, sports stars plead with teenagers to avoid peer pressure to
> Refer to the financial statements of the March of Dimes for 2013 presented in Table 12-8. 1. Did the organization exert a greater fiscal effort on fund-raising in 2013 than it did in 2012? 2. Did it direct more of its revenues toward mission-oriented pro
> Review the financial statements of the March of Dimes for 2013 as presented in Table 12-8. 1. Comment as best you can (even in the absence of guidelines as to what constitutes norms for comparable foundations) on the fiscal strength of the organization a
> The footnote in the financial statements of The Welfare foundation contain the following note titled “Promises to Give”: Unconditional promises to give were as follows at December 31: The discount rates used on long-t
> As the comptroller of a hospital, you were just informed that one of the surgeons failed to remove an instrument from a patient’s innards. The hospital is certain to be sued. How should this information affect the hospital’s financial statements?
> For each of the following situations, indicate whether the organization should recognize the described contributed services as revenue (offset by a corresponding expense). Briefly justify your response or identify key issues. 1. Nellie Wilson, the noted
> 1. Prepare journal entries to take into account the following events and transactions. a. In January 2017, the Wildlife Preservation Society received a grant from the Westwood Foundation of $6 million to be paid in three annual installments of $2 million
> Sea Life Aquarium, a not-for-profit entity, received a contribution of $500,000 that must be used to acquire plant and equipment. In the following year it applied the gift toward the purchase of various items of plant and equipment. Management estimates
> In December 2017, the Consumer Association of America (CAA), a not-for-profit research organization, received a $6 million grant from the Sporting Goods Manufacturers Association (SGMA) to develop a football helmet that will provide better protection aga
> Which of the following do you think a city should classify as “special” items: a. The settlement of an age discrimination lawsuit b. The sale, at a sizable gain, of city‐owned land to a private developer c. The unreimbursed cost of providing housing and
> In 2017, the Northwest Ballet Association (NBA), a not-for-profit performing arts organization, undertook a major capital campaign to fund a new theater, expected to cost $10 million. It was quickly able to raise $6 million, all of which was donor restri
> The American Association for Freedom, a political think tank, was recently established. During its first year of operations it engaged in the following transactions and was affected by the following events (in summary form): 1. It received a $10,000,000
> Many critics of GASB Statement No. 14 and its amendment, GASB Statement No. 39, believe that the standards cast too wide a net—that it requires governments to include in their reporting entity organizations over which the primary government has little co
> A city established a public housing authority to fund the construction of low‐income residential homes within city limits. The authority is governed by a nine‐person board of trustees. New trustees are nominated by the board itself, but are formally appo
> Do the notes to the financial statements indicate the component units and other related entities that are included within the reporting entity? Do they indicate any units that are not included? Do they explain why these units are included or excluded?
> Distinguish between a defined benefit plan and a defined contribution plan. Why does a defined benefit plan present far more complex accounting issues than a defined contribution plan?
> What is meant by “retrospective” insurance premiums, and how should they be reported?
> The Sweetwater County Sheriff’s Office maintains a fund to which it transfers the phone company commissions it earns on inmates’ pay-phone calls. The monies collected are used to provide inmate “amenities”—books and magazines, writing paper, postage stam
> Many states have established “college tuition” programs that enable parents to accumulate funds to pay for their children’s college education. The plans vary from state to state but typically they have features that protect against the rising costs of tu
> As the accountant for Sunlight City, you determine the following with respect to the city’s pensions in a particular year. Service cost………………………………………………………… $356,000 Interest on total pension liability…………………….……... 400,000 Actual earnings on pension pl
> A school district prepares its budget on a cash basis. It is contemplating the changes or actions that follow. For each, indicate the impact that the change would have (1) on year‐ending June 30 2017, general fund expenditures or transfers and (2) on y
> Does the government maintain any fiduciary funds? If so, for what purposes?
> Does the government maintain any permanent funds? If so, are they major or nonmajor funds and for what purposes?
> In what way must a government account for premium revenue differently if it accounts for self-insurance in an internal service fund rather than in its general fund?
> What is a service concession arrangement? Why do governments enter in to these agreements?
> It is often said that “self-insurance” is an oxymoron. Why? If it is, what are the implications for a government that is permitted to recognize self-insurance premiums as a general fund expenditure when paid to an internal service fund?
> It is sometimes asserted that the absence of specific principles as to what constitutes “cost” detracts from the objectivity of the financial statements of not only internal service funds but also financial statements of the general fund. In what sense m
> For what types of activities are internal service funds used to account? Provide several examples. Is a government required to account for the activities you cite in an internal service fund, or may it account for them instead in its general fund?
> Hospitals and other health care organizations provide services knowing that they will collect from third-party payers, such as insurance companies, considerably less than their established billing rates. In addition, they provide services to uninsured pa
> A government accounts for a municipal landfill in an enterprise fund. How will it determine how much to charge as an expense (and add to a liability) each year that the landfill is in use? Suppose instead that it accounts for the landfill in a government
> Although proprietary fund accounting is similar to business accounting, there are considerable differences in standards pertaining to the statement of cash flows. What are the main differences?
