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MKT 004 - Quiz 2 - 3rd Periodical

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

They include both strategic platform decisions that set overall tones and directions, and strategic action decisions that define to whom we are going to sell and how.

a)

Strategic launch decisions

b)

Protocol

c)

Strategic givens

d)

Skunkworks

2.

PIC

a)

Product innovation chapter

b)

Philippine Innovation Commission

c)

Production innovation control

d)

None of the answers

3.

The cash-to-cash metric listed above, sometimes called the ________________________.

a)

time-to-break-even metric

b)

FIFO

c)

A-T-A-R

d)

assets-to-asset metric

4.

That is, existing customers should be encouraged to migrate to the new product.

a)

brand loyalty

b)

customer migration

c)

product alternative

d)

product use test

5.

It is a matter of drawing market share away from competition.

a)

selective demand

b)

customer migration

c)

focus demand

d)

none of the options

6.

Which of the following is an alternative way to segment a market.

a)

Benefit Segmentation

b)

Segment must be measurable

c)

Segment must be accessible

d)

None of the options

7.

Loyalists, who buy one brand at all times, like it, and don’t use deals.

a)

True

b)

Flase

8.

Positioning originated as a concept in advertising but is now seen as an ingredient of total strategy, not just an advertising ploy.

a)

True

b)

False

9.

Positioning alternatives fall into two broad categories. The first is to position to ______.

a)

an attribute

b)

a concept

c)

a quality

d)

a quantity

10.

Positioning alternatives fall into two broad categories. The second is to position to use ______.

a)

attribute

b)

surrogates

c)

benefits

d)

feature

11.

a dominant brand in a product category

a)

flagship brand

b)

bestseller brand

c)

brand loyalty

d)

none of the option

12.

There are many ways to work toward global brand leadership. In order to achieve consistent brand management across countries, firms can develop brand manuals, set up workshops, or distribute newsletters or videos to all brand managers to serve as a guide on what the brand stands for

a)

True

b)

False

13.

The post launch stage is when we are building our capability to compete.

a)

True

b)

False

14.

The second stage of the launch cycle—beachhead—gets its name from a military landing on enemy soil, a good metaphor for many launches.

a)

True

b)

False

15.

This approach asks potential buyers to do something (such as say they would buy if the product were actually available, or pick the item off the shelf of a make-believe store).

a)

Pseudo Sale

b)

Controlled Sale

c)

Full Sale

d)

Speculative Sale