HSPM 260 Exam 3 assesses understanding of key marketing concepts within the tourism sector. It evaluates knowledge on brand equity, market segmentation, cooperative marketing, behavioral segmentation, societal marketing, and marketing evaluation processes.
Adjusting price to maximize profit based on demand
Providing valued-added service for a fee
Making reservations
Creating a worldwide electronic marketplace
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True
False
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Decline
Maturity
Distribution
Growth
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True
False
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Sales
Informative
Persuasive
Reminder
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Age
Physical appearance
Income
Personal preferences
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Word of mouth
Advertising
Packaging
Personal Selling
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Expedia
Priceline
Amadeus
Travelocity
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Merchant
Metasearch
Opaque
All of the above
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True
False
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True
False
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Information technology has changed the way travel sellers sell and travel customers buy.
Two out of three people book their travel online.
According to Google, 8% of travelers would book by using smartphone by 2012.
Today's travel agent is primarily a commission sale agent booking flights and hotels.
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Smart Watch
Laptop Computer
Tablet Device
All of the above
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True
False
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Phone line you can call into to make a reservation
A new TV channel where you can make hotel bookings
Computer software for guest reviews
A website that pulls rates and inventories from a lot of websites and puts it in one place
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True
False
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Local CVB
State tourism organization
Brand USA
MICE Industry
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Message idea
Promotional media
Response
Travel trade
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Symbol
Equity
Logo
System
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Promotion
Positioning
Partnership
Product
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Product Orientation
Societal Marketing
Selling Orientation
Strategic Marketing
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How do we know if we got there?
Were we successful?
How did we get there?
Where are we now?
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True
False
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Incentive
Escorted
Group
Familiarization (FAM)
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Partnership development
Consumer marketing and promotion
Travel policy development
Package and tour development
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Advertising
Public Relations
Internet marketing
Partnership
As the travel market is worldwide, companies in destinations do make no effort to personalize service any more.
Travel marketers realized that the majority of a company’s business would come from repeated loyal customers.
Positioning a product mean developing an identity for the product within that target market.
People try to determine the right mix of products and services such as tourism accommodations that will attract a special group of traveler.
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True
False
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There are more retail agencies than suppliers
There is no direct distribution in tourism
There is no physical distribution
Cruise lines are carriers and not suppliers
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Travel consultant
Travel master
Travel seller
Reservation agents
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Purpose of Trip
Psychographic
Behavioral
Demographic
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Branding
Segmentation
Targeting
Positioning
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Advertising tracking studies
Pre testing and post testing
Conversion studies
Feasibility research
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RTOs do not get involved in travel trade marketing
RTO promotional programs
RTOs focus more on domestic travelers than international
NTOs have less overseas offices than RTOs
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Advertising
Communication
Social Media
Consumers
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Marketing mix, marketing segmentation, product life cycle and positioning
Publicity, sales promotion, personal selling and advertising
Newspapers, magazines, television, radio and billboards
Informative, persuasive, and reminder communications
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Marketing
Promotional
Destination
Sales
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Exclusive
Direct
Intensive
Selective
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Corporate travel department
Retail travel agency
Incentive travel planner
Metasearch OTA
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Tour evaluation
Tour marketing
Tour operation
Tour administration
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Price
Place
People
Promotion
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True
False
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Measurable
Accessible
Heterogeneous
Compatible
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Highly elastic and seasonal
A mixture of services and facilities
Intangible experiences
Heavy control over the quality of services
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True
False
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Consensus channels
Composite channels
Vertically coordinated channels
Vertically integrated channels
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Exclusive distribution
Travel trade marketing
Horizontal integration
Vertical integration
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Hotels.com
Wotif
Venere
Orbitz
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