Exam 4: Collecting and Analyzing Marketing Information

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The growth of the Internet has changed the way that situation analysis is conducted in today's business environment. In terms on situation analysis, which of the following is the most drastic change caused by the Internet?

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"Analysis alone is not a solution" is an important piece of advice to keep in mind during a situation analysis. What does this phrase mean? If analysis alone is not a solution, what other considerations are relevant during a situation analysis?

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In the 5W model of customer analysis, what is the primary emphasis of the "Why" question?

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With respect to conducting a situation analysis, which of the following IS NOT one of the four important issues to keep in mind?

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As a form of _____ competition, bicycles can solve the same basic need as automobiles, albeit with a very different product.

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