20.10.2017 Views

The ideal goal for the marketer is to find a(n) ________ group of customers whose needs they can easily and profitably meet.

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

21. Potential strategic fit <strong>is</strong> a function <strong>of</strong> all <strong>of</strong> <strong>the</strong> following EXCEPT:<br />

22. A <strong>for</strong>m <strong>of</strong> comparative analys<strong>is</strong> where cus<strong>to</strong>mers show <strong>the</strong>ir opinions <strong>of</strong> ano<strong>the</strong>r firm’s<br />

strengths v<strong>is</strong>-à-v<strong>is</strong> <strong>the</strong>ir competi<strong>to</strong>rs <strong>is</strong> a ______.<br />

23. Br<strong>and</strong>s <strong>and</strong> products have perceived strengths, <strong>and</strong> marketing departments need <strong>to</strong> consider<br />

what <strong>the</strong>y <strong>can</strong> do <strong>to</strong> assure that <strong>the</strong>se will be sustainable _____.<br />

24. A company tries <strong>to</strong> serve <strong>the</strong> segments <strong>whose</strong> <strong>needs</strong> match <strong>the</strong>ir _______, <strong>and</strong> in doing so<br />

hope <strong>to</strong> make very happy <strong>and</strong> loyal cus<strong>to</strong>mers who will be very pr<strong>of</strong>itable.<br />

25. What are two perspectives a business <strong>can</strong> use in assessing each segment's attractiveness in<br />

terms <strong>of</strong> its potential <strong>for</strong> targeting?<br />

26. Operational excellence refers <strong>to</strong> companies that ________.<br />

27. A firm’s positioning statement should address <strong>the</strong>ir target segment. Anything else <strong>the</strong>y’ll say<br />

in <strong>the</strong> positioning statement will have _______ meaning <strong>to</strong> cus<strong>to</strong>mers who are not in that segment.<br />

28. Jen <strong>is</strong> developing <strong>the</strong> positioning statement <strong>for</strong> a br<strong>and</strong>. In a <strong>meet</strong>ing, <strong>the</strong> marketing team tells<br />

Jen that she has succinctly <strong>and</strong> clearly expressed <strong>the</strong> competitive advantage <strong>of</strong> <strong>the</strong> new br<strong>and</strong>. <strong>The</strong> team<br />

approves <strong>of</strong> <strong>the</strong> way Jen wants <strong>to</strong> express <strong>the</strong> br<strong>and</strong>’s competitive advantage, <strong>and</strong> tells her <strong>to</strong> continue<br />

her work on fully developing <strong>the</strong> positioning statement. Which element <strong>of</strong> crafting <strong>the</strong> positioning<br />

statement has Jen’s team just approved?<br />

29. <strong>The</strong> positioning statement <strong>can</strong> serve as an internal memor<strong>and</strong>um keeping all managers<br />

aligned as a basic guiding principle in all <strong>the</strong>ir collective dec<strong>is</strong>ions, so as <strong>to</strong> enhance <strong>the</strong> likelihood <strong>of</strong><br />

______ in <strong>the</strong> results <strong>of</strong> those dec<strong>is</strong>ions.<br />

30. Target <strong>is</strong> most known <strong>for</strong> which <strong>of</strong> <strong>the</strong> following?<br />

31. During <strong>the</strong> ____ phase <strong>of</strong> <strong>the</strong> purchase process, <strong>the</strong> potential cus<strong>to</strong>mer identifies that<br />

something <strong>is</strong> lacking.<br />

32. What are a mix <strong>of</strong> beliefs <strong>and</strong> importance weights?<br />

33. If a company wants a cus<strong>to</strong>mer <strong>to</strong> have a higher motivation <strong>to</strong> learn more about <strong>the</strong>ir products,<br />

<strong>the</strong>y should do what?<br />

34. During <strong>the</strong> purchase phase <strong>for</strong> a new car, Larry creates a _____ that includes Chrysler 300<br />

<strong>and</strong> Toyota Avalon, but does not include Hyundai Azera.<br />

35. Why <strong>is</strong> Chrysler’s Imported from Detroit trademarked?<br />

36. A br<strong>and</strong> name <strong>whose</strong> image <strong>is</strong> waning <strong>is</strong> less <strong>of</strong> a liability in which approach?<br />

37. One way <strong>marketer</strong>s get cus<strong>to</strong>mers <strong>to</strong> relate <strong>to</strong> br<strong>and</strong>s <strong>is</strong> by creating a br<strong>and</strong> _______, such as<br />

Apple’s classification as “exciting” or how Gillette <strong>is</strong> action oriented.<br />

38. Scott, a young pr<strong>of</strong>essional, buys a new BMW, even though a Ford would have cost him less.<br />

Scott values <strong>the</strong> BMW br<strong>and</strong>. Th<strong>is</strong> <strong>is</strong> an example <strong>of</strong> _____.<br />

39. Br<strong>and</strong> 123 has cus<strong>to</strong>mers in many countries purchasing its bicycles, but its managers are<br />

unsure if <strong>the</strong> br<strong>and</strong> <strong>is</strong> truly a “global br<strong>and</strong>.” What percent <strong>of</strong> a global br<strong>and</strong>’s revenue should come from<br />

o<strong>the</strong>r countries?<br />

40. Which <strong>is</strong> an example <strong>of</strong> co-br<strong>and</strong>ing?

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!