Quiz_ Pre-test #12_ Product Strategy, Part III
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10/14/23, 7:01 PM
Quiz: Pre-test #12: Product Strategy, Part III
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Pre-test #12: Product Strategy, Part III
Started: Oct 14 at 6:47p.m.
Quiz Instructions
1 pts
Question 1
In Latino families, like most families, milk is most associated with breakfast. However,
the California Milk Processor Board (CMPB) recently ran a campaign targeted toward
Latino families; the campaign attempted to position milk as a bedtime beverage in
addition to a morning beverage. The CMPB pursued a(n) ___ strategy.
market penetration
unrelated diversification
market development
product development
1 pts
Question 2
Imagine the California Milk Processor Board (CMPB) is considering other campaigns
to grow its business. Suppose the CMPB considers creating a new, enriched milk that
contains more essential vitamins and minerals and plans to target this product toward
low-income families concerned about nutrition. If the CMPB already targets these
families with their standard products, then this new campaign is part of a(n) ___
strategy.
market penetration
product development
market development
related diversification
10/14/23, 7:01 PM
Quiz: Pre-test #12: Product Strategy, Part III
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1 pts
Question 3
The number of consumers who are familiar with a brand and its meaning is a
measure of which aspect of brand equity?
Brand associations
Perceived value
Brand awareness
Brand loyalty
1 pts
Question 4
Brand extensions use the existing brand name for new products. Which of the
following is not
an advantage of extending the brand?
There may be synergies between products that enable cross-promotion.
Positive brand associations can transfer between products.
The new product may accelerate brand dilution.
Marketing costs to establish brand awareness may be reduced.
1 pts
Question 5
Which of the following is not a positive function of secondary packaging?
Creating wrap rage for consumers who want to access the product
Helping consumers transport and store the product
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Related Questions
PART 4 Questions 21-27
TEST 5
IMG_2
Read the text about Madame Tussauds, the famous wax museum in London. Are sentences 21-27 'Right' (A) 'Wrong' (B)? If there is not enough information to answer 'Right' (A) or "Wrong' (B), choose "Doesn't (C). For questions 21-27, mark A, B or C.
MADAME TUSSAUDS
Madame Tussauds is a famous wax museum in London with branches in a number of major cities. It has a lot of famous people made from wax. Wax is a solid substance that becomes soft when warm and molts casily. It comes from bees and is often used to make candles. Many people visit wax museums because the sculptures look like they are real.
A visit to Madame Tussauds wouldn't be complete without meeting the Royal Family. Dating back over ten centuries, the Monarchy has played an important role in the UK. but rather than reading all about it in a dusty history book you'll meet history's royalties face to face at Madame Tussauds! You can plant a kiss on Prince William's check, or shake Prince…
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Discussion Question #1: What is the primary segmentation method used by McDonald’s to form the segments discussed in the video? Why do you think McDonald’s uses this method?
https://youtu.be/-z-RWTvckkI
arrow_forward
One of the general characteristics of a small business is that it typically sells fewer products
a) to a larger customer base
b) to fewer market segments
c) to foreign companies
d) at lower costs to government agencies
Question 9
is a term used to represent the effort of companies to create customer lifetime value while
seeking long-term profitability and other goals.
a) Customer loyalty
b) Relationship marketing
c) Customer satisfaction
d) Sales concept
Question 10
A product is called a good if
a) It is predominantly tangible
b) Its price is below the market standards
c) It has been standardized
d) It is sold directly to the end consumers
arrow_forward
The first step in creating a strategic digital marketing plan focuses on analyzing the external environment.
Question 9 options:
True
False
In digital marketing, STP refers to segmentation, targeting, and
Question 10 options:
Planning
Packaging
Positioning
Perception
Digital marketing tactics must support an organization's overall marketing strategy.
Question 11 options:
True
False
An advantage of email marketing for organizations is that it is often________ than other methods.
Question 12 options:
More cost-effective
Costlier
Trendier
Easier
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A marketing manager wants to know if the sales of the company will increase if he increases the advertising budget. Here, the manager would like to know the nature of the relationship that may be established between advertising and sales by testing the hypothesis: “If advertising is increased, then sales will also go up.”
question : Suggest research design for this study.
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Very simple answer needed, No word limitations.
Question :
Define attitudes and explain the three dimensions of an attitudes. Explain the relationship between consumers' attitudes and the brand they purchase.
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The correct answer is: Marketing Information System
Question 8
Incorrect
Mark 0.00 out of 1.00
12. All the followings are true regarding the marketing process except:
a. Only those who work in the traditional marketing department are charged with performing marketing activities
b. Marketing is involved whenever individuals or organizations have a choice to make
C. Any individual inside of an organization who can potentially win or lose customers is in marketing
d. Any set of activities attempting to influence consumer choice is marketing
The correct answer is: Only those who work in the traditional marketing department are charged with performing marketing activities
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Topic: Sales PitchDescription:Create a 60 to 120 sec service pitch for (School) Marketing Department through audio visual (Script only)Target market incoming Freshmen year or Grade 12
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DORATHY RAYMOND ISAFE MLO Test-National Component with Unform State Content)
Session 1- Question 7 of 120 (r answered
Under SAFE Act regulations, which of the following statements is true?
D
Loan processors and originators have to be licensed as mortgage loan originators (MLOS).
Loan processors and underwriters have to be licensed as MLOS.
Loan processors and underwriters who are not employed by a bank (depository institution) have to be licensed as MLOS.
A loan processor or underwriter who is an employee of a licensed mortgage lender and who operates under the supervision of a licensed MLO is not requires
be licensed as an MLO.
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QUESTION 6
If you want to determine the likelihood that a customer will visit a store a make a purchase in the near future, the best type of research scale to use to ask that question would be a
O comparative scale
Obehavioral intention scale
O non-comparative rating scale
O graphing rating scale
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Note:-
Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.
arrow_forward
QUESTION 33
Customer behavior is a broader term than consumer behavior, covering both individual consumers who buy goods
and services for their own use and organizational buyers who purchase business products.
O True
O False
QUESTION 34
Customer behavior is a subset of consumer behavior.
O True
O False
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Explain right answer as well as wrong answer also
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a. A cell phone Company XYZ conducted an online survey that showed that 75 percent of customers put their number-one requirement for a new phone to be increased battery life. Only 22 percent of customers listed color choices as a large concern. Company XYZ currently offers 6 different color choices for its product and has a below-average battery life compared to competition. What should Company XYZ do with these survey results?
b. Company ABC recently conducted a survey that showed that 30 percent of customers will only shop there once and never use the company’s products again. What are some general ideas that can help increase customer loyalty?
c. Company #alltheshoes would like to find out what, if anything, customers know about its new running shoe, FancyShoe. Design two survey questions to find out the following: 1) Are customers aware of the product? 2) What brand image do customers have of theproduct?
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QUESTION 64
Product decisions affect customer
a. Cost
b. Benefits
c. Loyalty
d. Convenience
QUESTION 67
Marketing should guide the firm’s mission by making sure the organization is focused offering value to
a. its existing and potential future customers.
b. its next generation of customers.
c. its current customers.
d. its best customers.
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Please do not give solution in image format thanku
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v Question Completion Status:
A Moving to the next question prevents changes to this answer.
Question 1
social factors that influence consumer buyer behavior.
a. Culture, subculture, and social class
O b. Motivation, perception, learning, beliefs, and attitudes
c. Age and lifecycle stage and lifestyle
d. Small groups, social networks, family, social roles, and status
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Question 1: Sweet Cookies is planning to launch a new line of cookies, but it’s little unsure of the market reaction. The new line of cookies has a mixed chocolate-pineapple flavor and will be targeted at the premium end of the market. Assume that you are marketing researcher hired by the firm. Formulate the:
Management decision problem.
Marketing research problem and its components.
Research design.
arrow_forward
A Moving to another question will save this response.
Question 2
Power Plus is an Electronics Company. Its strategy is to use mass distribution, which in
turn helps mass production, which increases its manufacturing efficiency and lowers the
per-unit cost. This results in lower buying price for the final consumer. What marketing
concept does Power Plus use:
O A. Marketing Concept
O B. Societal marketing
O C. Selling Concept
O D. Production Concept
O E. Product Concept
A Moving to another question will save this response.
rch
DELL
近
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Q1
Your company recently launched a new "dry" shampoo. Although initial
sales were strong, they have steadily declined over the last year and a half.
You have decided to conduct further market research, but first, you have to
define the research problem. Prepare a short report that clearly and fully
defines the research problem for your product.
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What would be a good justification/rationale for choosing
Topic: The impact of working in the hotel industry during Covid-19
Research Question: How has covid-19 affected the day-to-day operations and productivity as it relates to face-to-face and remote working at the hotel, and the lives of the employees. What is life like during and post pandemic?
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None
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3
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Q1. Brooke is a 32-year-old, single investment banker who lives in an apartment in a large city. After a particularly long and difficult workday, she relaxed in her apartment by reading through one business magazine and two fashion magazines. When questioned by a researcher the next day, she could clearly recall two holiday ads and vaguely remembered one ad for a personal computer from among the nearly 80 ads she had seen in the three magazines. However, she could recount in detail the articles that she had read and even recalled the titles of articles she had not read. How can you explain this?
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Related Questions
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- The first step in creating a strategic digital marketing plan focuses on analyzing the external environment. Question 9 options: True False In digital marketing, STP refers to segmentation, targeting, and Question 10 options: Planning Packaging Positioning Perception Digital marketing tactics must support an organization's overall marketing strategy. Question 11 options: True False An advantage of email marketing for organizations is that it is often________ than other methods. Question 12 options: More cost-effective Costlier Trendier Easierarrow_forwardA marketing manager wants to know if the sales of the company will increase if he increases the advertising budget. Here, the manager would like to know the nature of the relationship that may be established between advertising and sales by testing the hypothesis: “If advertising is increased, then sales will also go up.” question : Suggest research design for this study.arrow_forwardVery simple answer needed, No word limitations. Question : Define attitudes and explain the three dimensions of an attitudes. Explain the relationship between consumers' attitudes and the brand they purchase.arrow_forward
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