Question: The first step in any positioning program is to look inside the: Question 1 options: a ) Mind of the company b ) Mind of

The first step in any positioning program is to look inside the:
Question 1 options:
a)
Mind of the company
b)
Mind of the creator of the item
c)
Mind of the producer
d)
Mind of the prospect
Question 2(3 points)
TAM gives context for the upside for your startup. Investors are interested in this.
Question 2 options:
True
False
Question 3(3 points)
Positioning a product must include the product you are positioning and:
Question 3 options:
a)
All local products
b)
All products in the city
c)
Largest competitor's products
d)
Products being discontinued in a market
Question 4(3 points)
In a product as, the dominant element is the:
Question 4 options:
a)
Creative element
b)
Verbal element
c)
Auditory element
d)
Visual element
Question 5(3 points)
The Principle of Parsimony is also referred to as Occams Razor.
Question 5 options:
True
False
Question 6(3 points)
Low speed and high speed can be elements compared on a positioning matrix.
Question 6 options:
True
False
Question 7(3 points)
Saved
SAM is the subset of your general market that is in your ___________ area that could buy your product.
Question 7 options:
a)
Serviceable
b)
Psychographic
c)
Geographic
d)
Demographic
Question 8(3 points)
Statistical forecasting models do not require at least some kind of computation in order to reach a numerical value.
Question 8 options:
True
False
Question 9(3 points)
The Principle of Parsimony teaches us that the:
Question 9 options:
a)
Most complex alternative model is always the best.
b)
Most simple alternative model is always the best.
c)
Most researched alternative model is always the best.
d)
Most creative alternative model is always the best.
Question 10(3 points)
Good clean data is more important than the model complexity.
Question 10 options:
True
False
Question 11(3 points)
Forecasting software must be expensive and complicated to be effective.
Question 11 options:
True
False
Question 12(3 points)
Saved
Which of the following questions is not addressed in forecasting your SOM, SAM and TAM?
Question 12 options:
a)
How many can I reach with my advertising?
b)
How big is the universe?
c)
Who will be the most likely buyers?
d)
How many can I reach with my sales channel?
Question 13(3 points)
Saved
Statistical forecasting models fall into two categories. They are:
Question 13 options:
a)
Time series and Trend
b)
Causal and Time series
c)
Seasonality and Trend
d)
Trend and Causal
Question 14(3 points)
The best approach to take in an overcommunicated society is the oversimplified message.
Question 14 options:
True
False
Question 15(3 points)
SOM is the portion of the market that you can realistically target with your:
Question 15 options:
a)
Future product
b)
Current product
c)
New product
d)
Competitor's product

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