Exam 12: Understanding the Customer
Exam 1: understanding Evolving Economic Systems and Competition145 Questions
Exam 2: the Global Marketplace and Governments’ Roles121 Questions
Exam 3: Social Trends, social Responsibility, and Making Ethical Decisions in Business134 Questions
Exam 4: Using Technology to Manage Information and for Business Success116 Questions
Exam 5: Forms of Business Ownership120 Questions
Exam 6: Entrepreneurship and Small Business112 Questions
Exam 7: Management and Leadership in Today’s Organizations142 Questions
Exam 8: Designing Organizational Structures149 Questions
Exam 9: Motivating Employees114 Questions
Exam 10: Managing Human Resources and Labour Relations133 Questions
Exam 11: Achieving World-class Operations Management136 Questions
Exam 12: Understanding the Customer140 Questions
Exam 13: Creating Marketing Strategies174 Questions
Exam 14: Using Financial Information and Accounting133 Questions
Exam 15: Understanding Money, financial Institutions, and the Securities Markets149 Questions
Exam 16: Managing the Firm’s Finances144 Questions
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Lee Robi has developed a dog shampoo that promotes softer fur and reduces shedding.As Robi selects a name for his new product,designs its packaging,and creates a label,he is involved in developing which of the following strategies?
(Multiple Choice)
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The categories of heavy,moderate,and light users have to do with which type of segmentation?
(Multiple Choice)
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The 7-member Beauchamp family recently purchased a mini-van because the ads for a GM Horizon showed that it could haul 8 or more people and still have room for books,bags,and sports equipment.GM Horizon was using which of the following forms of segmentation in its advertising?
(Multiple Choice)
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What kind of segmentation is the publisher of Seventeen magazine using?
(Short Answer)
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An ad for Virgin Airlines shows a traveller sleeping comfortably in the airline's new seats.This ad is using which of the following type of segmentation?
(Multiple Choice)
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Shenshen Zhongxing Telecom (ZTE)is a Chinese company that is the only telecommunications company in China producing and marketing a specific inexpensive camera phone to sell to middle-class Chinese living in urban areas.Because ZTE targets a single segment within a limited geographical area,it can be said to have which of the following advantages?
(Multiple Choice)
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A(n)____________________ is a large computerized file of the profiles and purchase patterns of customers and potential customers.
(Short Answer)
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Which one of the following is a commonly used method for segmenting markets?
(Multiple Choice)
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When Clorox targets heavy users of bleach,it is using volume segmentation.
(True/False)
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Leigh Orren sat outside a service station every day for three weeks watching how people approach the gas pumps,pump gas,pay for their gas,and how long they stayed.Orren was engaged in which of the following?
(Multiple Choice)
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Choosing the brand name,package size,and colour,and the length of warranty are components of the ____________________ strategy.
(Short Answer)
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Which of the following BEST describes customer satisfaction?
(Multiple Choice)
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A manufacturer will deal with wholesalers and retailers when planning which of the following strategies?
(Multiple Choice)
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Which of the following BEST describes customer satisfaction?
(Multiple Choice)
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Basing market decisions on what a product will do rather than on consumer characteristics is called benefit segmentation.
(True/False)
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A target market is a specific group of consumers toward whom a firm directs its marketing effort.
(True/False)
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The strategy that is based on the demand for the product and the cost of producing it is called the pricing strategy.
(True/False)
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Scanner-based research is best described by which of the following?
(Multiple Choice)
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Which of the following is the action that people take in buying and using goods and services?
(Multiple Choice)
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