Chapter 11
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Chapter 11 – Competitive Marketing Quiz
1. End-use Segmentation
focuses on the precise way a business-to-business purchaser will use a product.
2) The marketing function creates all of the following types of utility EXCEPT which utility? Form
3) As the result of a hurricane heading toward the coastal area of Virginia, residents rushed to purchase plywood to cover their windows. Retailers who carried plywood were operating in a seller’s market
4) Branding expert David Armano started The Daniela Project in which he requested the users of
Critical Mass, a digital experience design agency, to help support women who have been victims of
domestic abuse. The Daniela Project is an example of _____ marketing. c) cause
5) The Tour of Hope is a cross-country bike tour designed to raise awareness about cancer clinical
trials. Dasani bottled water is one of the sponsors, which enables the company to utilize _____
marketing. b) event
6) A business aims its promotions toward singles between the ages of 25 and 40 who reside in a
specific county. The business has _____. d) selected a target market
7) A Lenovo laptop with an i5 processor would be an example of a) cobranding
.
8) When McDonald’s offered Madame Alexander gifts in its Happy Meals, both companies profited
from the _____ arrangement. a) comarketing
9) The use of computer-based technology to evaluate data in a database and identify useful trends is
known as _____. c) data mining
10) An example of _____ is the use of the slogan “No one deserves to die” by the Lung Cancer
Alliance. c) cause marketing
11) Juan owns a store that sells lampshades. The process of receiving money in return for lamp
shades is _____. c) exchange 12) Suman works on creating ways to ensure that customers receive goods at the right time and
correct location. Suman is involved in her firm's _____ strategy. c) distribution
13) Amazon.com keeps track of goods its customers have ordered. When a returning customer logs
onto Amazon.com, the site creates a list of recommendations based on the customer's purchasing
history. Amazon is segmenting the market by a) product
.
14) What do frequency marketing programs reward purchasers with? (
Choose four
).
a) services
b) cash
c) merchandise
d) rebates
e) other premiums
15) A convenience store offers _____ utility by being open 24 hours each day. c) time
16) The era in marketing history characterized by the notion that the consumer is king is known as
the ________ era. b) marketing
17) _______ allows marketers to assess competitive, social, economic, technological, and political
environments that may impact business, and consequently, marketing decisions. a) Environmental scanning
18) All of the following is included in a company’s marketing plan EXCEPT
a) information about specific activities to be undertaken.
b) the audience to whom specified activities are targeted.
c
) the social causes to which the company contributes
.
d) metrics used to measure goals.
19) Which of the following marketing decision areas may be subject to government regulation and
public scrutiny but can be a powerful competitive tool for a business? c) Pricing Strategy
20) Color master Corp. has implemented _____ so that its customers can choose their own fabric,
style, individual features, and size. d) mass customization
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Related Questions
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Select one or more:
a a diluted or damaged customer image of products associated with the line-extended brand
b a weakened manufacturing and distribution process
c a diluted or damaged brand image
2The first step in outlining a strong marketing positioning statement is to:
Select one:
a address the target audience
b address the key reasons customers should believe in the statement
c address the category or frame of reference
3In order for a company to market the same product or service to different markets, what step is critical for the company to take?
Select one:
a The company should generate different positioning strategies to target the different audiences
b The company should show its product or service is similar to its competitors
c The company should be consistent and use the same marketing mix for different audiences
4The advantage of market research is that it:
Select one:
a can be expensive
b takes time
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not that they are unsafe. Discuss the ethical
issues/implications of this strategy.
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Please answer in detail
Name and discuss 3 primary types of objections customers typically raise:
1. Price objection: Customer believes quoted price is too high.
2. Product Objection: Customer voices concerns about some element of product or service or customer might not be familiar with the product.
3. Time objection: Customer considering buying, but needs more time or customer has no intention of buying and wants to get rid of salesperson.
Imagine you are newly employed as an Assistant Vice President (AVP) of Corporate Sales at a marketing organization.
In the upcoming week, your team will be hosting a presentation for a new line of Tennis Rackets for 75 prospects. As you are aware, prospects are going to raise objections about this product.
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Table of Contents
Introduction - The Company and its Environment (the name of the author)
The Company and its Customers (The Buyers) (the name of the author)
The Company and its Products (the name of the author)
Price (the name of the author)
Distribution (the name of the author)
Promotion (the name of the author)
Social Media Marketing (the name of the author)
Conclusions
I want an expert to give me some ideas of an imaginary companies to inspire from.
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Which term refers to the offering at the
heart of an organization's marketing
program?
A)
warranty
B)
brand equity
C)
quality
D)
product
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Think about one brand for which you would like to create a consumer generated advertisement. What would your ad say about the brand 2. Watch one hour of television. Try to identify one example of each type of product placement in the program(s) you watch. Justify your example.
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7
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Explain in details
(1) Describe the product that you have Chosen. ( Dutch lady milk was chosen)
(2) Comment on the information provided on the label
(3) How does the price of the product compare to the prices of the similar products in the category?
(4) Who (which target market) is the product targeted to?
(5) What consumer need does the product satisfy?
(6) What marketing activities are used to promote the product in the store and nationally?
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A news report recently suggested DEFG Company provided misleading information and gave a false impression that their products are environmentally friendly. Which of the following is the term for this negative practice?
options:
a)
Lemon marketing
b)
Greenwashing
c)
Perception marketing
d)
Reverse marketing
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1) Would you purchase a hybrid food product that mixes plant-based meat with real animal products? Why/why not?
2) Propose a new food product that contains a mix of plant-based meat ingredients and real animal products
Describe your product idea in detail. What is it? How is it eaten?
What ingredients would your idea contain?
Why do you think it would be popular?
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Plz explain in detail
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e) Do you think giving the chocolate bar a brand name was necessary for its
success? Justify your answer.
Revision checklist
In this chapter you have learned:
to identify the four elements of the marketing mix
o about the role of product decisions in the marketing mix
o what makes a product successful
o the costs and benefits of developing a new product
owhat is meant by brand image and how this can influence sales and custom
loyalty
e about the role of packaging
o to draw and interpret a product life cycle
e about the different stages of the product life cycle and how they can influen
marketing decisions
e to suggest different ways to extend the product life cycle.
DW-test your understanding with the revision questions on the CD-ROM.
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a) Product pointer
b) Investor
c) Market pioneer
d) Investors
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New products help you increase your share of the market
New products increase your profitability
New products serve the need for news for your marketing calendar (Incorrect)
New products provide growth for your portfolio
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Aquaphor Baby Healing Ointment
Questions
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(2) Based on how the product was displayed, what position do you believe it command in the market place (premium, discount, basic etc.)
(3) How does the price of the product compare to the prices of the other products in the category? Is it premium, on par, discount etc.)?
(4) Based on the image of the product portrayed in its advertising, does the package support its image and price? Explain
(5) Based on the information you have collected and your observation, state what are the 4 P’s of this product
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Please do not give solution in image format thanku
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Pretend that your company has been making and selling one product for the past five years. Plan to make additional three products. These may be in the same category as the first product or not. Use the following format.
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Gerber Organic Puree Food
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(1) Describe the product that you have chosen
(2) Comment on the information provided on label (Informational or promotional)
(3) Based on how the product was displayed, what position do you believe it command in the market place (premium, discount, basic etc.)
(4) How does the price of the product compare to the prices of the other products in the category? Is it premium, on par, discount etc.)?
(5) Who is the product targeted to? Who is the target audience?
(6) What consumer need does the product satisfy
(7) Based on the image of the product portrayed in its advertising, does the package support its image and price? Explain
(8) What marketing activities are used to promote the product in the store or otherwise
(9) What marketing activities are used otherwise to promote the product generally?
(10) Based on the information you have collected and your observation,…
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Related Questions
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- Chapter 9 tells us that repositioning of a brand orproduct is a deliberate decision to significantly alterthe way the market views the brand or product. Inyour opinion, are these changes enough to constitute a significant change in public perceptions ofMcDonald’s? Justify your response.arrow_forward91. How does the American Marketing Association define a brand and why is a strong brand important? 92. Ralph and Marie are buying Lisette, their 16 year-old daughter, her first car. Consider the product experience from the parent’s point of view and Lisette’s point of view. Why is this perspective important to marketers? 93. Define product. What is the difference between product and product item? 94. Identify and explain the boundaries of branding. 95. Define brand equity according to David Aaker and list the corresponding dimensions. 96. What are the implications of the dimensions of brand equity for marketing managers? 97. What is an essential benefit? List five products and their essential benefits. 98. How do the essential benefit and the core product relate? Why is this important? 99. What is an enhanced product? Give an example. 100. Explain the advantages and disadvantages of both stand-alone and family branding. Give examples of companies that use each…arrow_forwardSuppose that XYZ discontinues the product line and that the company places ads in farmers' trade journals and producers cooperatives newsletters asking farmers to turn in their XYZ hoses for full refunds, with the ads stating that the hoses are "obsolete," not that they are unsafe. Discuss the ethical issues/implications of this strategy.arrow_forward
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- Think about one brand for which you would like to create a consumer generated advertisement. What would your ad say about the brand 2. Watch one hour of television. Try to identify one example of each type of product placement in the program(s) you watch. Justify your example.arrow_forward4. with the help of ONE case study "levi's jeans or pulser" advertisement, explain the concept of AIDA model. Using same advertisement you picked to explain AIDA model, how can you convert the ad to make it suit the AICA model.arrow_forward7arrow_forward
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