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Strategic Marketing Quiz 01

Authored by Ahmed Thynum

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University

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Strategic Marketing Quiz 01
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

"Marketing approach that brands use to distinguish themselves from competitors and gain a favorable perception amongst their target audience."
The description above best fits which of the following terminology?

Marketing philosophy

Positioning

Environmental scanning

MOST analysis

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following descriptions does NOT fit into the micro-environment of an organisation?

Parties which provide resources needed by the organization and are treated as partners to provide customer value.

Parties help the company to promote, sell and distribute its products or services to consumers.

Any group that has an actual or potential interest which can affect the company’s ability to serve its customers

Legislative actions done by parties that effect consumers and suppliers

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following statements about the Resource-Based View(RBV) is INCORRECT?

Resources that cannot be easily transferred or purchased are more difficult to imitate by competitors.

Resource based view (RBV) analyze and interpret resources of the organizations to understand how organizations achieve sustainable competitive advantage

Resources and their perceptions by the cusstomers should be what marketing strategies are developed on.

Unique resources will give many competencies and over period of time these resources will give disproportionate profits

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following statements best describe the "Blue ocean strategy"?

Competitors are irrelevant

Company purses both cost and differentiation

Focus on providing better services to existing buyers

Focuses on rivals within the companies industries.

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following task descriptions best align with a leadership function?

Produces order, consistency and predictability.

Influences creation of teams which accept validity of goal

Decides structure and allocates staff.

Develops timetables and allocates resources.

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

"Particular intangible resources are hard to imitate"

The above descriptions best describes which of the following terms?

Core rigidities

Services

Sticky resources

Optimal resources

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

"Overdependence on core capability or competitive advantage" is best defined by which of the following terminology?

Core rigidities

Core dependence

Core resources

Core trepidation

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