Exam 6: Positioning and Branding a Venture in the Marketplace
Exam 1: Defining Your Industry Focus and the Type of Business You Want to Start28 Questions
Exam 2: Defining the Target Customer27 Questions
Exam 3: Defining the Needs of Target Customers28 Questions
Exam 4: Defining Solutions for Customers23 Questions
Exam 5: Defining the Business Model for a Venture28 Questions
Exam 6: Positioning and Branding a Venture in the Marketplace28 Questions
Exam 7: A Reality Check on the Venture Concept and the Business Model25 Questions
Exam 8: Financial Sources for Startups and Corporate Ventures27 Questions
Exam 9: Projecting the Financial Performance and Requirements for the Venture27 Questions
Exam 10: Organizing the Venture Team28 Questions
Exam 11: Writing the Business Plan27 Questions
Exam 12: Making the Pitch25 Questions
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A customer perceptual map may reveal that there is no available white space for your venture. In other words, competitors currently occupy all the valuable landscape. What could an entrepreneur do in this case?
Free
(Multiple Choice)
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Correct Answer:
D
What is the starting point for establishing a competitive position?
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(Multiple Choice)
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Correct Answer:
B
Which of the following would be a type of non-cost differentiation for a new venture?
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(Multiple Choice)
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Correct Answer:
D
A traditional perceptual map for competitive positioning generally has which of the following two objectively measured dimensions?
(Multiple Choice)
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Determining _____________ starts by identifying the most direct, current competition.
(Multiple Choice)
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What is Eveready's success in dislodging Duracell and taking over its space as the leader in the long-lasting battery market segment an example of?
(Multiple Choice)
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The competitive advantage of a new venture is _______________.
(Multiple Choice)
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To position a new venture effectively, the venture must _______________.
(Multiple Choice)
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One way to make sure customers feel better about purchasing from your company is to excel at:
(Multiple Choice)
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A very revealing outcome of a perceptual map that captures customers' perceptions of competitors is
(Multiple Choice)
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Competitive positioning and customer positioning are _______________.
(Multiple Choice)
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Which of the following is a way to gather competitive intelligence?
(Multiple Choice)
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What does branding mean for a B2B business such as IBM? Does IBM have emotional and social branding activities, or is it just focused on making faster and better computers and software? How does this compare, say to Oracle or Microsoft?
(Essay)
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Which of the following companies have been experts at building social positioning as part of their overall branding strategy:
(Multiple Choice)
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Finding out how a new venture concept can be valuable and meaningful in the hearts and minds of target customers is the aim of _____________________.
(Multiple Choice)
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What is one thing an entrepreneur must do with regard to competition?
(Multiple Choice)
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What is a tool that can help you reveal which rivals your venture will compete against and your competitive position relative to these competitors?
(Multiple Choice)
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Once you have your competitive intelligence, what is the next critical step in the competitive positioning process?
(Multiple Choice)
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Assessing your competitive position and ability to win business would include comparing your venture against key competitors using which of the following factors?
(Multiple Choice)
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For your venture project, what is a) functional positioning, b) emotional positioning, and c) social positioning (if appropriate), and how might this carry forward into your branding strategies?
(Essay)
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