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Strategic Marketing Quiz 1

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

What is the main idea of marketing?

a)

To sell the product

b)

To promote the product

c)

To sensing the customers needs

d)

To persuade the customers

2.

Market-driven strategy requires the company to have four characteristic which is?

a)

Become money oriented

b)

Follow the trend of the industry

c)

Determining distinctive capabilities

d)

Lead the market

3.

The marketing and business strategy provide the resources used to achieve the objectives.

a)

True

b)

False

4.

Designing the market-driven strategy consist of three activity, except?

a)

Marketing targeting and strategic positioning

b)

Innovation and new product strategy

c)

Strategic Relationship

d)

Strategic brand management

5.

What is the challenges that is 'a recently arises issues' that the company need to anticipate?

a)

Personal data security

b)

Emerging market development

c)

CSR

d)

Economic and political issues

6.

These are the component of mission, except?

a)

Strategic Intent

b)

Core Skills

c)

Company Values

d)

Customer Values

7.

Strategy need to be adapted to the market needs and customers requirements.

a)

True

b)

False

8.

What is the internal factors of the company?

a)

Technology used by the R&D

b)

Relationship with distributors

c)

Customers loyalty

d)

Competitors

9.

New uses, new users, new product are the strategy categorized as?

a)

Expand Market

b)

Increase segment

c)

Increase sales

d)

Reduce cost

10.

Market is attractive if, except?

a)

It is large

b)

High barrier to entry and exit

c)

Rivalry are low

d)

Unbothered by external factors