Exam 7: Segmentation, Target Marketing, and Positioning

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When a retail chain sells winter coats, it sends them to different stores at different times of the year. Which of the following approaches to geographic segmentation in the United States does this scenario exemplify?

(Multiple Choice)
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Social class has declined as a method of segmentation as a result of ________.

(Multiple Choice)
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Effective positioning is not affected by competitive forces.

(True/False)
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In marketing, differentiation is a concept that means ________.

(Multiple Choice)
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Offering credit cards to high school seniors is an example of ________ segmentation.

(Multiple Choice)
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Harold buys most of his groceries at Aldi because it has the cheapest groceries even though he has to bring his own bags and bag his own groceries. Aldi demonstrates ________ leadership.

(Multiple Choice)
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Target marketing is the process by which ________.

(Multiple Choice)
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A marketing manager using VALS is interested in ________ segmentation.

(Multiple Choice)
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The ability to get secondary and/or primary data on a market being considered for segmentation relates to which of the following questions about marketing?

(Multiple Choice)
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American credit card companies would like to offer their services to people in a country in East Africa. However, they are finding it difficult because of language barriers and infrastructure challenges. These issues are related to which of the following questions about market segmentation?

(Multiple Choice)
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Which of the following would NOT be a good product for using gender segmentation?

(Multiple Choice)
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At one time, specialized companies catered to markets segmented by race. Today ________.

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Business market segmentation is less straightforward than segmentation of consumer markets.

(True/False)
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Differentiated target marketing means that a company is ________.

(Multiple Choice)
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What are perceptual maps? How are they used to reposition a product?

(Essay)
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HerboCare, a company that sells herbal soaps, has failed to increase its sales, as consumers could not understand how soaps made by HerboCare were different or better than other herbal soaps available in the market. In this scenario, HerboCare is suffering from the positioning error of ________.

(Multiple Choice)
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Firms that engage in unethical business practices are always aware of the magnitude of damage being done to their brand.

(True/False)
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Demographic segmentation is best described as using characteristics of ________ to segment the market.

(Multiple Choice)
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________ segmentation is sometimes referred to as segmentation by lifestyle or values.

(Multiple Choice)
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The region, the density of the population, and the size of the population are various approaches to use in ________.

(Multiple Choice)
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