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A. internally
B. management
C. segmentation
D. integration
5) BMW, the maker of the Mini Cooper brand, is using what kind of
brand strategy with its Mini products?
A. Individual names
B. Blanket family names
C. Separate family names
D. Corporate names
A. cash cow
B. low-end, entry level brand
C. high-end, prestige brand
D. flanker
A. brand extension
B. preemptive cannibalization
C. a brand shake-out
D. product maturity
8) A ___________ is when a parent brand is used on a new product
targeting a new market segment within a category currently served
by the parent.
A. joint-venture co-brand
B. same company co-brand
C. category extension
D. line extension
A. repositioning
B. the development of a new product line
C. market diversification strategy
D. product development strategy
12) In 2003, Toyota introduced its Scion brand with the aim of
bringing younger buyers into the family. This was a classic
example of _________________.
A. line featuring
B. line cannibalization
C. line padding
D. line stretching
14) Marketers plan their market offerings at five levels. What is the
correct order of the levels, going from most fundamental to the level
with the most benefits?
A. Basic-expected-augmented-core-potential
B. Expected-potential-basic-augmented-core
C. Core-basic-expected-augmented-potential
D. Potential-augmented-expected-core-basic
A. search qualities
B. experience qualities
C. credence qualities
D. differentiation qualities
16) For $15 a day, Chlena will go to your home and feed, water, and
play with your pet while you are on vacation. The service Chlena
provides is an example of a _____________.
17) Mr. Tse and his family took a vacation to Washington, D.C.
While there, they bought souvenirs; t-shirts and hats to take home
to family and friends who didnt have the opportunity to go. The
experience of the Tse family is an example of which offering?
18) Best Buy will often try to sell the buyer of a high-end television
monitor an extended warranty. This is an example of
_______________.
A. estimate costs
B. determine the target market
C. select a pricing method
D. select a pricing objective
A. value pricing
B. the psychology of pricing
C. the going rates of competitors
D. value augmented by perception
A. Marketing concept
B. Marketing mix
C. Product strategy
D. Promotion strategy
A. descriptive
B. persuasive
C. reminder
D. informative
A. descriptive
B. persuasive
C. reminder
D. informative
A. Advertising
B. Public relations
C. Sales promotion
D. Personal selling