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STP Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Classification of your target audience according to the types of lives they live is

a)

Targeting

b)

Life Style Segmentation

c)

Geographic Segmentation

d)

Psychographic Segmentation

2.

Dividing the customers according to their income is

a)

Geographic Segmentation

b)

Demographic Segmentation

c)

Behavioral Segmentation

d)

Psychographic Segmentation

3.

Customer demographics, Purchasing approaches, and situational factors are the bases of ..............

a)

International Market Segmentation

b)

International Market Targeting

c)

Business Market Segmentation

d)

Business Market Targeting

4.

Requirements for effective segmentation is

a)

Measurable

b)

Actinable

c)

Differential

d)

All of the above

5.

A Market strategy in which the firm decides to ignore market segment differences and go after the whole market with one offer is .........

a)

Differentiated Marketing

b)

Undifferentiated Marketing

c)

Concentrated Marketing

d)

Local Marketing

6.

Tailoring products to the needs and wants of specific individuals and local customers is ..............

a)

Concentrated Marketing

b)

Micro Marketing

c)

Macro Marketing

d)

International Marketing

7.

Competitors can't easily copy the difference

a)

Preemptive Promotion

b)

Superior Promotion

c)

Important Promotion

d)

Distinctive Promotion

8.

The difference is superior to other ways that customer might obtain the same benefit

a)

Distinctive Promotion

b)

Superior Promotion

c)

Communicable Promotion

d)

Profitable Promotion

9.

The way the product is defined by consumers on important attributes is called ..............

a)

Market Segmentation

b)

Image Psychology

c)

Product Position

d)

Market Targeting

10.

The key to winning and keeping customers is to understand their needs and buying processes better than copmetitors do and .............

a)

Advertise constantly to let customers know changes in products and services.

b)

Hire the best sales people

c)

Have an updated web presence

d)

To deliver more value