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Entrepreneurial Marketing

Total questions: 6

Worksheet time: 9mins

Name
Class
Date
1.

Following concept best describes the basic set of strategies and approaches that marketers use to

identify and reach their target market.

a)

MVP

b)

Marketing Mix

c)

User Friendly

2.

For start-ups, defining the value of the products they are going to offer is an important step toward

identifying their competitive advantage within a marketplace.

a)

True

b)

False

3.

Kevin Plank, founder of Under Armour, knew that the value of his product would benefit many athletes

who were tired of having to frequently change their wet sportswear.

a)

False

b)

True

4.

Why was it key for Under Armour to signed on to supply product for the Oliver Stone film Any Given Sunday. In key scenes of the film, the football team wore Under Armour apparel and accessories and athletes everywhere took notice.

4 lines
5.

What would you say the brand Under Armour has been succesful, when competition also uses same innovation products ?

4 lines
6.

Why would High Investment Expenditure be a weakness of this billion dollar company ?

4 lines