Exam 4: Focusing Marketing Strategy With Segmentation and Positioning

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When PepsiCo asked its advertising agency to develop an advertising program for its Mountain Dew soft drink,it gave the agency a statement describing the age and fun-loving spirit of its target market and the one-of-a-kind citrus flavor of the new product.What type of statement was this?

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When segmenting broad product-markets,cost considerations tend to

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With the "multiple target market approach," the marketer combines two or more homogeneous submarkets into one larger target market as a basis for one strategy.

(True/False)
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Positioning analysis may lead a firm to segmenting,rather than combining.

(True/False)
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A market is a group of competitors selling similar products.

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The most useful dimensions for segmenting markets are

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Which of the following is the best example of a generic market?

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Clustering techniques

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Given its interest in the broad product-market for "ready-to-eat,health-conscious snack foods," which of the following should the Good Health Foods Co.do first?

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Use of which of the following segmenting dimensions is LEAST likely to result in segments that will meet the criteria that product-market segments should be "operational"?

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"Positioning" shows how proposed and/or present brands are located in a market as seen by customers.

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The process of market segmentation involves

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A segmenter is more likely than a combiner to really satisfy a target market and build such a close relationship with customers that it faces no real competition.

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One visual aid used in market segmentation is called the

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Strategy decisions pertaining to product features,packaging,product line assortment,and branding will be most affected by which target market dimension?

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Segmenting,in contrast to combining,

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________ segmenting dimensions are those that actually affect a person's purchase of a specific product type or brand in a product-market.

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Combiners (as opposed to segmenters)

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Which of the following is most likely to be a determining dimension with respect to purchase of a particular brand of coffee?

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Which of the following is NOT likely to be a part of the segmenting step in market segmentation?

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