Marketing 5.0 Minor

Marketing 5.0 Minor

Professional Development

35 Qs

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Marketing 5.0 Minor

Marketing 5.0 Minor

Assessment

Quiz

Business

Professional Development

Practice Problem

Medium

Created by

Indrani Sengupta

Used 3+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The production-oriented businesses concentrate on

High production efficiency, Low costs, and Mass distribution

Low production efficiency, High costs, and Selective distribution

Moderate production efficiency, Moderate costs, Intensive distribution

None of these

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Marketing 5.0 is a process that uses NEXT-TECH to

Creating Value

Deliver Value

Communicate Value

All of these

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

High involvement products require

Limited Decisions

Extensive Decisions

Routiene Decisions

None of these

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The group of individuals identified for a particular marketing programme as having the highest likelihood of becoming customers is the

Customer Profile

Target Market

Collaborators

Competitors

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How prospective customers will be informed about a company's products, such as the message, media chosen, special offers, and timing of campaigns.

Promotion

Place

Premium

Product

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The classification of individuals who comprise a given market into even smaller groups is known as

Targeting

Isolating

Market Segmentation

Positioning

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following claims about positioning strategies is true?

Not every product can be differentiated

All brand differentiation strategies are worthwhile and significant

Positioning results in the successful development of a market-focused value proposition

Positioning strategies must highlight tangible benefits, or they will fail

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