Question: 8. These days it is nearly impossible to stroll down a city block or drive on a suburban street without seeing a McDonald's, Subway, Jiffy
8. These days it is nearly impossible to stroll down a city block or drive on a suburban street without seeing a McDonald's, Subway, Jiffy Lube, or Holiday Inn. These stores are examples of contractual associations, also known as _____.
| a. corporate chains | ||
| b. factory outlet stores | ||
| c. franchises | ||
| d. wholesale clubs |
9. Morton Salt has expanded its line to include regular iodized salt plus Morton Coarse Kosher Salt, Morton Lite Salt, and Morton Popcorn Salt. Thus, Morton Salt has introduced several _____.
| a. licensing | ||
| b. brand extensions | ||
| c. multibranding | ||
| d. line extensions |
10. Effective positioning begins with _____ company's marketing offer so that it gives consumers unique image.
| a. promoting | ||
| b. differentiating | ||
| c. aligning | ||
| d. pricing |
11. A company's marketing strategy entails three sequential steps: market segmentation, ________ and _____. The final step involves various differentiations of firms marketing offer.
| a. price; promotion | ||
| b. implementation; control | ||
| c. product; place | ||
| d. target marketing; market positioning |
12. The systematic design, collection, analysis, and reporting of data relevant to a specific marketing situation facing an organization is called _____.
| a. causal research | ||
| b. marketing intelligence | ||
| c. exploratory research | ||
| d. marketing research |
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