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MKT 421 Final Exam Guide 5.pdf

For more course tutorials visit www.uophelp.com 1) Predicting what types of bicycles different customers will want and deciding which of these customers the business will try to satisfy are activities a firm should do as part of 2) For Tesla, a new firm that makes an electric sports car, estimating how many competitors will make electric vehicles and what kinds they will make, is: 3) According to the text, marketing means: 4) Which of the following statements regarding marketing strategies is FALSE?

For more course tutorials visit
www.uophelp.com

1) Predicting what types of bicycles different customers will want and deciding which of these customers the business will try to satisfy are

activities a firm should do as part of


2) For Tesla, a new firm that makes an electric sports car, estimating how many competitors will make electric vehicles and what kinds

they will make, is:


3) According to the text, marketing means:

4) Which of the following statements regarding marketing strategies is FALSE?

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34) The product life cycle:35) Which of the following is a DEMOGRAPHIC segmenting dimension?36) Which of the following is NOT one of the text's product life cycle stages?37) During the MARKET INTRODUCTION stage of the product life cycle:38) During the market introduction stage of the product life cycle:39) An industry's sales have leveled off and profits are declining in oligopolistic competition.Consumers see competing products ashomogeneous. Several firms have dropped out of the industry, but a new one entered recently.Firms in the industry are trying to avoidprice-cutting by spending on persuasive advertising. These firms are competing in which stage ofthe product life cycle?40) Typically the _____ is responsible for building good distribution channels and implementingplace policies.

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