What is the foundational step toward developing a relationship? - ANSWER
selecting a value proposition
What does an effective early goal in the B2B buying process involve? -
ANSWER Lead generation
Which of the following steps in the consumer buying process involves reading
online product reviews? - ANSWER Information search
A customer has reduced his choices of skateboards to two brands. What stage is
the customer at in the customer-buying process? - ANSWER Alternative
evaluation
A high school student will be graduating soon and wants to look his best. He
makes an appointment to get a haircut and styling from an upscale salon.
Which benefit is this driving? - ANSWER Psychological
A coffee store franchise opens a new store and distributes cards to homeowners
based on the zip code in which the franchise is located. The cards announce the
grand opening and include a coupon for a free cup of coffee. - ANSWER
Market segmentation
A charity for local and national children's hospitals conducts market research
about what influences donors to give to other organizations focused on charity
work for children.
, What type of marketing segment does the main purpose of this research fall
into? - ANSWER psychographic
According to the Ansoff Matrix, what is the most risky growth strategy for a
company? - ANSWER Diversification
31.
In the Ansoff Matrix, what type of growth strategy is depicted if a company
comes up with a new product for a new market? - ANSWER Product
diversification
What does the creation of a minimum viable product entail? - ANSWER
Creation of a product that identifies the basic need of the consumers
Which methodology satisfies the basic needs of the customers with the view of
developing a more useful final version based on user feedback? - ANSWER
Minimum viable product
What type of research methods are focus groups, personal interviews, and
shopper interception? - ANSWER Offline
After a product has been launched, a company may want to know what the
general public thinks about its new product.
What type of research method would the company undertake? - ANSWER
Social sentiment
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