Question: 1. Using the inputs from the AER (Acquisition- Expansion- Retention) strategy grid and key environmental trends, the BOR (Brand, Offering, Relationship) equity grid can be
1. Using the inputs from the AER (Acquisition- Expansion- Retention) strategy grid and key environmental trends, the BOR (Brand, Offering, Relationship) equity grid can be completed to describe three key pieces of information for the BOR strategies: Marketing objectives, ____________, and maintaining the SCA (Sustainable Competitive Advantage) over time.
a. AER (Acquisition-Expansion-Retention) strategy
b. Relative advantages over competition
c. BOR (Brand, Offering, Relationship) stack
d. All of the answers are correct.
2.
Which of the following is a solution to handle customer heterogeneity:
| ignore customer heterogeneity and provide an offering that matches the average customers needs. | ||
| offer a range of products and services to satisfy the needs of many different customer segments.
| ||
| embrace the notion that customers will sacrifice desired product attributes if the price is low enough. | ||
| select a specific segment of customers and target them by positioning its offering as the best solution. | ||
| all the answers are correct. |
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