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Strategic Marketing STP Process

Total questions: 13

Worksheet time: 8mins

Name
Class
Date
1.

What is the basis for marketing?

(first step from strategic to operational marketing)

a)

Market segmentation

b)

Market research

c)

Market targeting

d)

Market positioning

2.

What is the STP Process?

a)

strategy - targeting - proposition

b)

segmentation - targeting - proposition

c)

strategy - targeting - positioning

d)

segmentation - targeting - positioning

3.

What are typical methods for analysing marketing data?

a)

BEST analysis

b)

SWOT analysis

c)

Shareholder analysis

d)

Stakeholder analysis

e)

PEST analysis

4.

Segmentation means ...

a)

to form groups of demanders who have the same needs.

b)

to make categories of buyers with similar characteristics within the market .

c)

to divide the whole market into submarkets.

d)

to chose the right group of customers for selling your service or product.

e)

to define your target group.

5.

Targeting means ...

a)

to define your target group.

b)

to chose the most promising groups of buyers for selling your product or service.

c)

to divide your market into homogenous groups of buyers with similar characteristics.

d)

to define your USP.

6.

What are examples for geographical segmentation?

a)

nations

b)

gender

c)

lifestyle

d)

attitudes

7.

What are examples for demographical segmentation?

a)

nations

b)

family

c)

social class

d)

attitudes

e)

age

8.

What are examples for psychographic criteria of market segmentation?

a)

regions

b)

lifestyle

c)

attitudes

d)

social class

9.

Strategic marketing means ...

a)

focusing on selling the product.

b)

focusing on the customer's needs in all departments of a company.

10.

Strategic planning in companies refers to ...

a)

long-term decisions

b)

short-term decisions

11.

What do you call a marketing strategy where the whole market is served with one offer?

a)

concentrated marketing

b)

niche marketing

c)

differentiated marketing

d)

segmented marketing

e)

undifferentiated marketing

12.

What kind of targeting strategy decides to offer services or products to different segments?

a)

concentrated marketing

b)

niche marketing

c)

differentiated marketing

d)

undifferentiated marketing

13.

What kind of targeting strategy concentrates on one or only few segments?

a)

differentiated marketing

b)

niche marketing

c)

mass marketing

d)

segemented marketing