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 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 points
TAM gives context for the upside for your startup. Investors are interested in this.
Question options:
True
False
Question points
Positioning a product must include the product you are positioning and:
Question options:
a
All local products
b
All products in the city
c
Largest competitor's products
d
Products being discontinued in a market
Question points
In a product as the dominant element is the:
Question options:
a
Creative element
b
Verbal element
c
Auditory element
d
Visual element
Question points
The Principle of Parsimony is also referred to as Occams Razor.
Question options:
True
False
Question points
Low speed and high speed can be elements compared on a positioning matrix.
Question options:
True
False
Question points
Saved
SAM is the subset of your general market that is in your area that could buy your product.
Question options:
a
Serviceable
b
Psychographic
c
Geographic
d
Demographic
Question points
Statistical forecasting models do not require at least some kind of computation in order to reach a numerical value.
Question options:
True
False
Question points
The Principle of Parsimony teaches us that the:
Question 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 points
Good clean data is more important than the model complexity.
Question options:
True
False
Question points
Forecasting software must be expensive and complicated to be effective.
Question options:
True
False
Question points
Saved
Which of the following questions is not addressed in forecasting your SOM, SAM and TAM?
Question 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 points
Saved
Statistical forecasting models fall into two categories. They are:
Question options:
a
Time series and Trend
b
Causal and Time series
c
Seasonality and Trend
d
Trend and Causal
Question points
The best approach to take in an overcommunicated society is the oversimplified message.
Question options:
True
False
Question points
SOM is the portion of the market that you can realistically target with your:
Question options:
a
Future product
b
Current product
c
New product
d
Competitor's product
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