Question: QUESTION 1 _ _ _ _ _ _ _ _ management is the art and science of choosing target markets and getting, keeping, and growing

QUESTION 1
________ management is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value.
Knowledge
Marketing
Distribution
Strategic
Operations
1 points
QUESTION 2
The task of any business is to ________.
communicate similar value as provided by competitors
deliver customer value at a profit
differentiate in terms of cost of production
create customer needs
reduce competition
1 points
QUESTION 3
Which of the following elements of the marketing communications mix refers to any paid form of nonpersonal presentation and promotion of ideas, goods, or services by an identified sponsor via print, broadcast, network, electronic, and display media?
personal selling
direct marketing
public relations
advertising
sales promotion
1 points
QUESTION 4
A ________ is a comprehensive, systematic, independent, and periodic examination of a company's or business unit's marketing environment, objectives, strategies, and activities, with a view to determining problem areas and opportunities and recommending a plan of action to improve the company's marketing performance.
marketing metric
test market
market-based scorecard analysis
marketing plan
marketing audit
1 points
QUESTION 5
________ are a person's enduring favorable or unfavorable evaluations, emotional feelings, and action tendencies toward some object or idea.
Beliefs
Feelings
Attitudes
Discriminations
Values
1 points
QUESTION 6
Creative strategies refer to the ________.
novelty of a marketing communication
way marketers translate their messages into a specific communication
amount of creative content in a communications message
type of medium used to deliver a marketing communication
degree of innovation involved in the marketing of a product
1 points
QUESTION 7
Establishing and communicating the distinctive benefit(s) of the company's market offering for each target segment is called ________.
market research
market dominance
marketing effectiveness
market positioning
market segmentation
1 points
QUESTION 8
A sales representative whose expertise is in unraveling customers' problem is called a(n)________.
order taker
technician
demand creator
solution vendor
missionary
1 points
QUESTION 9
________ refer to the marketing communications element that involves company-sponsored activities and programs designed to create daily or special brand-related interactions with consumers.
Publicity campaigns
Public relations
Events and experiences
Advertisements
Trade promotions
1 points
QUESTION 10
When a consumer expresses thoughts, feelings, images, experiences, and beliefs associated with the brand, the consumer is expressing ________.
self-serving bias
brand identity
brand knowledge
cognitive dissonance
ethnocentric bias
1 points
QUESTION 11
Using an established brand to introduce a new product is called brand ________.
extension
parity
valuation
harmonization
positioning
1 points
QUESTION 12
If a marketer is seeking to segment a business market, which of the following variables is generally felt to be the most important?
demographic variables
personal characteristics
purchasing approaches
operating variables
situational factors
1 points
QUESTION 13
The number of times within a specified time period that an average person or household is exposed to an advertising message is known as ________.
amplitude
impact
frequency
reach
depth
1 points
QUESTION 14
________ refers to the means by which firms attempt to inform, persuade, and remind consumersdirectly or indirectlyabout the products and brands they sell.
Operations management
Marketing communications
Planning
Financial management
Human resource development
1 points
QUESTION 15
In a ________ marketing system, two or more unrelated companies put together resources or programs to exploit an emerging marketing opportunity.
reverse flow
lateral
horizontal
vertical
forward flow
1 points
QUESTION 16
________ is the process of carefully managing detailed information about individual customers and all customer "touch points" to maximize loyalty.
Customer satisfaction analysis
Customer relationship management
Customer profitability analysis
Customer-value delivery
Customer lifetime value
1 points
QUESTION 17
Which of the following is considered to be the last step in the marketing research process?
drafting the report
controlling the environment
presenting findings
arriving at a decision
analyzing information
1 points
QUESTION 18
The process of selecting one or more market segments to enter is called market ________.
segmentation
resea

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