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STP

Authored by NORFADHILAH AKHUAN

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10 questions

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1.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

(a)   involves finding out what kinds of consumers with different needs exist -- “You can’t be all things to all people,”

2.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

In the (a)   , all consumers are treated as the same, with firms not making any specific efforts to satisfy particular groups.

3.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

In the (a)   , one firm chooses to focus on one of several segments that exist while leaving other segments to competitors.

4.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

(a)   is related to this statement.

"...Most airlines offer high priced tickets to those who cannot tell in advance...then sell some of the remaining seats to more price sensitive customers who can buy two weeks in advance..."

5.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

(a)   essentially refer to personal statistics such as income, gender, education, location (rural vs. urban, East vs. West), ethnicity, and family size.

6.

FILL IN THE BLANKS QUESTION

30 sec • 1 pt

(a)   segmentation: Some consumers are “brand loyal”—i.e., they tend to stick with their preferred brands even when a competing one is on sale.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The list below refers to what’s needed to evaluate the potential and commercial attractiveness of each segment, except:

Criteria Size

Difference

Accessible

Positioning

Focus on different benefits

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