Exam 6: Market Segmentation and the Marketing Mix: Determinants of Campaign Strategy

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Which of the following is true about resellers?

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Which of the following is true about product packaging?

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The _____ process determines the content, look, and feel of product advertisements.

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Describe the communication element of marketing.

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_____ segmentation is a way to define population groups by their statistical characteristics: sex, age, ethnicity, education, occupation, income, and other quantifiable factors.

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In terms of user status, aware nontriers:

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A fast food chain aims to sell its burgers and milkshakes to teenagers and young adults. Additionally, this restaurant modifies its menu depending on the local tastes and preferences of the country where it is located. Which of the following market segmentation strategies does the restaurant employ?

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A fast food restaurant buys the liquid concentrate used to make fountain drinks from a supplier. Then, it sells the reconstituted drink to its customers. The restaurant is an example of a(n) _____.

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VALS, a psychographic classification system, assigns consumers to one of eight groups based on two dimensions: primary motivation and resources.

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A product which is in the introductory stage of the product life cycle will most likely target _____.

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Booklets, catalogs, brochures, sales kits, and annual reports are examples of personal selling materials.

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Describe the steps involved in the market segmentation process.

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Which of the following products would be best suited for intensive distribution?

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A(n) _____ includes all the firms and individuals that take title or assist in taking title to the product as it moves from the producer to the consumer.

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Which of the following is an example of an equipment-based service?

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_____ establishes a face-to-face situation in which the marketer can learn firsthand about customer wants and needs, and customers find it harder to say no.

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The basic goal of a positioning strategy is to:

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Many people give fine chocolates as Christmas presents to friends and co-workers. There is an increase in the number of advertisements for gourmet chocolates during November and December, as companies try to create awareness about their products in the minds of consumers looking for the perfect gift. This is an example of segmentation on the basis of:

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Brand equity refers to the totality of what consumers, distributors, dealers, and competitors feel and think about a brand over an extended period of time.

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A company determined the target market for its product to be people under the age of eighteen, living in the metropolitan area of Houston, Texas. Which type of segmentation does this exemplify?

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