Focusing on a targeted group of customers (a target market) can gain a competitive advantage because:

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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6. Focusing on a targeted group of customers
(a target market) can gain a competitive
advantage because:
The value proposition will be less attractive to
customers
Advertising can be focused on specific
customers
The marketing mix can be like those of
competitors
A tailored marketing mix can have a better value
proposition for the customer
Transcribed Image Text:6. Focusing on a targeted group of customers (a target market) can gain a competitive advantage because: The value proposition will be less attractive to customers Advertising can be focused on specific customers The marketing mix can be like those of competitors A tailored marketing mix can have a better value proposition for the customer
4. Which of the following is most closely
associated with the cost of equity?
The company's value proposition(s)
Operating expenses
The company's income tax rate
The long-term bond yield
5. Which of the following is most controllable
by company management?
The elasticity of demand
The marketing mix
The equity risk premium
The income tax rate
Transcribed Image Text:4. Which of the following is most closely associated with the cost of equity? The company's value proposition(s) Operating expenses The company's income tax rate The long-term bond yield 5. Which of the following is most controllable by company management? The elasticity of demand The marketing mix The equity risk premium The income tax rate
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