Question: 46. From the case about LEGO we learn that: a. new ventures into mobile games development improved global market revenues by 28% for last year
46. From the case about LEGO we learn that:
| a. | new ventures into mobile games development improved global market revenues by 28% for last year alone. | |
| b. | LEGOs current investments in eco-friendly plastics are both competitive and socially responsible. | |
| c. | plans for discontinuing manufacture and marketing of the iconic LEGO Block are a strategic concern for brand identity.
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| d. | b and c are correct
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| e. | a, b and c are correct
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47. With pricing decisions, computing contribution margin is helpful
| a. | when we have excess profits to contribute to socially-responsible causes
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| b. | when we have market segments willing to contribute to the success of our business | |
| c. | when we want to know how much the sales price contributes to fixed costs and profit
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| d. | when we do not know our sales price, fixed costs or variable costs
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| e. | b and c are correct
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48. Which one of the five major IMC tools below includes placing articles about noteworthy corporate accomplishments with news media, or managing negative community reaction to a costly corporate mistake?
| a. | sales promotion
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| b. | personal selling
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| c. | direct marketing | |
| d. | public relations
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| e. | permissions marketing
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49. In a franchise: A significant advantage a franchisee has over an independent business is the participation in the franchisor's ________largely due to the ________ that the franchise offers.
| a. | centralized buying power; buying insight | |
| b. | centralized buying power; brand protection
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| c. | centralized buying power; economies of scale
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| d. | economies of scale; territorial protection
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| e. | economies of scale; advertising and promotion
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50. One known key to sustaining competitive advantage is
| a. | based on always outsourcing everything. | |
| b. | being a fast-follower to market with all products and services.
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| c. | is giving continuous attention to creating unique or superior quality.
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| d. | keeping workers at low-pay in all markets.
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| e. | all of the above are correct.
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