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Marketing Review

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

Which of the following is NOT a type of behavioral customer segmentation?

a)

User status

b)

Occasion

c)

Needs

d)

Benefit

2.

What is included in the Positioning statement but NOT in the Value Proposition statement?

a)

Target and Frame of Reference

b)

Frame of Reference and Key Benefit

c)

Key Benefit and Reasons to Believe

d)

Target and Reasons to Believe

3.

Deciding to start selling products online is a decision that concerns...

a)

Promotion

b)

Place

c)

Price

d)

Product

4.

A company that links everything to one master brand is an example of a...

a)

Branded house

b)

Hybrid model

c)

Single brand

d)

House of brands

5.

What is the recommended marketing strategy for True Friends?

a)

Offer them product discounts

b)

Invest to increase their share

c)

Turn them into brand advocates

d)

Don't invest because they already are true friends

6.

Which are the two dimensions around which the Growth Pathway framework is built?

a)

Markets and Products

b)

Market Growth and Market Share

c)

Market Growth and Products

d)

Brand and Products

7.

If your brand is in a LOW-growth market but has a HIGH market share, it is considered a:

a)

Dog

b)

Star

c)

Cash Cow

d)

Question Mark

8.

Which of these is an explicit part of a company’s value proposition?

a)

Their SMART metrics

b)

Their corporate culture

c)

Their cost structure

d)

Their capabilities

9.

Including fries and a soft drink with every McDonalds Happy Meal is an example of:

a)

The Product P

b)

The Place P

c)

The Promotion P

d)

The Price P

10.

A company launches a marketing campaign on TikTok specifically targeting Gen Zs. Which of these best describes their basis for segmenting customers?

a)

Psychographic

b)

Behavioral

c)

Demographic

d)

Needs-based