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TOP 10 LEARNING QUESTIONS FOR GROUP 3

Boni Regis

January 5, 2012

http://bonibeckregis.blogspot.com

Marketing Management Class of

Prof. Remigio Joseph De Ungria

TOP 10 Learning Questions for

Chapter 1: Defining Marketing for the 21st Century

Rex Sandoval

______ is the art and science of choosing target markets and getting, keeping, and growing customers.

a. Brand Management

b. Marketing Management

c. Financial Management

d. Supply Chain Management

e. None of the above

1. ______ is the art and science of choosing target markets and getting, keeping, and growing customers.

a. Brand Management

b. Marketing Management

c. Financial Management

d. Supply Chain Management

e. None of the above

Chapter 2: Developing Marketing Strategies and Plans

10 Learning Questions

Belinda Anne Tamayo

QUESTION Strategic Alliances take the form of Marketing Alliances. Which category refers to one company agreeing to

carry a promotion for another company’s product or service?

http://beltamayo.blogspot.com/

Possible Answers:

a. Product or service alliances

b. Promotional alliances

c. Logistics alliances

d. Pricing collaborations

http://beltamayo.blogspot.com/

Product or service alliances

- One company licenses another to produce its product, or two companies jointly market their complementary products or a new product

Promotional alliances

- One company agrees to carry a promotion for another company’s products or service

CONCEPT

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7. Strategic Alliances take the form of Marketing Alliances. Which category refers to one company agreeing to carry a promotion for another company’s product or service?

http://beltamayo.blogspot.com/

a. Product or service alliances

b. Promotional alliances

c. Logistics alliances

d. Pricing collaborations

______ is a tool for identifying ways to create more customer value.

http://beltamayo.blogspot.com/

QUESTION

Possible Answers:

a. Value Delivery Network

b. Value Chain

c. Core Competencies

d. None of the above

http://beltamayo.blogspot.com/

CONCEPT

Value Delivery Network – This is also known as supply chain. Many companies partner with specific suppliers and distributors as a way to gain competitive advantage.

Value Chain – Value chain is a tool for identifying ways to create more customer value

Core Competencies – A core competency is a specific factor that a business sees as being central to the way it, or its employees, works. It fulfills three key criteria:

It is not easy for competitors to imitate.

It can be leveraged widely to many products and markets.

It must contribute to the end consumer's experienced benefits.

http://beltamayo.blogspot.com/

http://beltamayo.blogspot.com/

______ is a tool for identifying ways to create more customer value.

a. Value Delivery Network

b. Value Chain

c. Core Competencies

d. None of the above

TOP 10 Learning Questions for Chapter 6: Analyzing Consumer Markets

Jem Caraig

December 16, 2011

For use in the Marketing Management Class of

Prof. Remigio Joseph De Ungria

http://jemcaraig.blogspot.com

These Herzberg Theory definitions are true, except…

A. Frederick Herzberg developed a two-factor theory that distinguishes dissatisfiers from satisfiers.

B. Satisfiers are the factors that cause satisfaction; dissatisfiers are the factors that cause dissatisfaction.

C. The absence of dissatisfiers is enough to motivate a purchase; however, satisfiers can be present.

D. One implication of Herzberg Theory is sellers should do their best to avoid dissatisfiers.

E. Another implication of Herzberg Theory is the seller should identify the major satisfiers or motivators of purchase in the market and then supply them.

23 http://jemcaraig.blogspot.com

http://bonibeckregis.blogspot.com

4. All of the following statements are true about the Herzberg Theory, except…

a. Frederick Herzberg developed a two-factor theory that distinguishes dissatisfiers from satisfiers.

b. Satisfiers are the factors that cause satisfaction; dissatisfiers are the factors that cause dissatisfaction.

c. The absence of dissatisfiers is enough to motivate a purchase; however, satisfiers can be present.

d. One implication of Herzberg Theory is sellers should do their best to avoid dissatisfiers.

e. Another implication of Herzberg Theory is the seller should identify the major satisfiers or motivators of purchase in the market and then supply them.

These Herzberg Theory definitions are true, except…

A. Frederick Herzberg developed a two-factor theory that distinguishes dissatisfiers from satisfiers.

B. Satisfiers are the factors that cause satisfaction; dissatisfiers are the factors that cause dissatisfaction.

C. The absence of dissatisfiers is enough to motivate a purchase; however, satisfiers can be present.

D. One implication of Herzberg Theory is sellers should do their best to avoid dissatisfiers.

E. Another implication of Herzberg Theory is the seller should identify the major satisfiers or motivators of purchase in the market and then supply them.

27 http://jemcaraig.blogspot.com

a. Frederick Herzberg developed a two-factor theory that distinguishes dissatisfiers from satisfiers.

b. Satisfiers are the factors that cause satisfaction; dissatisfiers are the factors that cause dissatisfaction.

c. Another implication of Herzberg Theory is the seller should identify the major satisfiers or motivators of purchase in the market and then supply them.

d. One implication of Herzberg Theory is sellers should do their best to avoid dissatisfiers.

e. The absence of dissatisfiers is enough to motivate a purchase; however, satisfiers can be present.

http://bonibeckregis.blogspot.com

4. All of the following statements are true about the Herzberg Theory, except…

Which of the following is true?

A. Subcultures include family, nationalities, religions and racial groups

B. Social Factors include family, nationalities, religions and racial groups

C. Subcultures include nationalities, religions, racial groups and geographical regions

D. Social Factors include family, reference groups, statuses and racial groups

E. None of the above

29 http://jemcaraig.blogspot.com

5. All of the statements are true, except…

a. Subcultures include family, nationalities, religions and racial groups

b. Social Factors include family, nationalities, religions and racial groups

c. Subcultures include nationalities, religions, racial groups and geographical regions

d. Social Factors include family, reference groups, statuses and racial groups

e. None of the above

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CONCEPT

Subcultures

Each culture consists of smaller subcultures that provide more specific identification and socialization for their members. When subcultures grow large and affluent enough, companies often design specialized marketing programs to serve them.

SUBCULTURES include:

NATIONALITIES

RELIGIONS

RACIAL GROUPS

GEOGRAPHICAL REGIONS

http://jemcaraig.blogspot.com

Which of the following is true?

A. Subcultures include family, nationalities, religions and racial groups

B. Social Factors include family, nationalities, religions and racial groups

C. Subcultures include nationalities, religions, racial groups and geographical regions

D. Social Factors include family, reference groups, statuses and racial groups

E. None of the above

33 http://jemcaraig.blogspot.com

a. Subcultures include nationalities, religions, racial groups and geographical regions

b. Social Factors include family, nationalities, religions and racial groups

c. Subcultures include family, nationalities, religions and racial groups

d. Social Factors include family, reference groups, statuses and racial groups

e. None of the above

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5. All of the statements are true, except…

TOP 10 Learning Questions for

(Chapter 8- Identifying Market Segments and

Targets)

Nailah P. Cristobal

December 16, 2011

Marketing Management Class of

Prof. Remigio Joseph De Ungria

http://nailah08.blogspot.com Colorful Me

___________ are consumers who buy only one

brand all the time.

A. Split Loyals

B. Switchers

C. Hard-core Loyals

D. Shifting Loyals

E. Loyalists

36 http://nailah08.blogspot.com

4 Groups based on Loyalty Status

Hard-core loyals-Consumers who buy only one brand all the time.

Split loyals-Consumers who are loyal to two or three brands.

Shifting loyals-Consumers who shift loyalty from one brand to another.

Switchers-Consumers who show no loyalty to any brand.

CONCEPT

http://nailah08.blogspot.com

___________ are consumers who buy only one

brand all the time.

A. Split Loyals

B. Switchers

C. Hard-core Loyals

D. Shifting Loyals

E. Loyalists

40 http://nailah08.blogspot.com

TOP 10 Learning Questions for Chapter 19

Managing Personal Communications: Direct and Interactive Marketing, Word

of Mouth and Personal Selling

Farisha Joy C. Oblego

15 December 2011

http://farishajoyoblego.blogspot.com

All are types of telemarketing except:

A. Telesales

B. Telecoverage

C. Teleprospecting

D. Telecommunication

E. Customer service and technical support

43

Question

http://farishajoyoblego.blogspot.com

All are types of telemarketing except:

A. Telesales

B. Telecoverage

C. Teleprospecting

D. Telecommunication

E. Customer service and technical support

47

Answer

http://farishajoyoblego.blogspot.com

TEN CONCEPTS ON

KOTLER AND KELLER’S

Chapter 20: Introducing New Market offerings

Nepthalie D. Pasiliao

Which does not belong to the Categories of New Products?

A. New-to-the-world

B. New partners

C. New product lines

D. Improvements

E. Cost reductions

Question

Which does not belong to the Categories of New Products?

A. New-to-the-world

B. New partners

C. New product lines

D. Improvements

E. Cost reductions

Answer

What is the individual’s decision to become a regular user of a product?

A. Awareness

B. Adoption

C. Evaluation

D. Test

E. Interest

Question

The Consumer-Adoption Process

CONCEPT

Adoption – is an individual’s decision to become a regular user of a product.

After which, the adopters of new products move trough the 5 stages in adoption process.

An innovation is any good, service, or idea that someone perceives as new, no matter

how long its history.

4. What is the individual’s decision to become a regular user of a product?

A. Awareness

B. Adoption

C. Evaluation

D. Test

E. Interest

Answer

7. Which statement is Not correct in Marketing

Strategy Development?

a. Marketing strategy is a three-part plan for introducing new-product in the market.

b. Marketing strategy should outline the planned price, distribution strategy, and marketing budget for the first year.

c. Marketing strategy describes the long-run sales and profit goals.

d. Marketing strategy does not consider the target market’s size, structure, and behavior.

e. None of the above

Question

10. Which statement is false in Marketing Strategy Development?

a. Marketing strategy is a three-part plan for introducing new-product in the market.

b. Marketing strategy should outline the planned price, distribution strategy, and marketing budget for the first year.

c. Marketing strategy describes the long-run sales and profit goals.

d. Marketing strategy does not consider the target market’s size, structure, and behavior.

e. None of the above

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CONCEPT

THREE-PART PLAN MARKETING STRATEGY DEVELOPMENT

Describes the target market’s size, structure, and behavior.

Outlines the planned price,

distribution strategy, and marketing budget for the first

year.

Describes the long-run sales and profits goals and marketing-mix

strategy over time.

First Part

Second Part

Third Part

CONCEPT

MARKETING STRATEGY DEVELOPMENT

Marketing Strategy is a three-part plan for introducing new-product in the market.

After the company has segmented the market, chosen its target customers and identified their needs, next is to determine its desired marketing position.

After the concept test, comes the introduction of the new product into the market with the 3 part marketing plan.

a. Marketing strategy is a three-part plan for introducing new-product in the market.

b. Marketing strategy should outline the planned price, distribution strategy, and marketing budget for the first year.

c. Marketing strategy describes the long-run sales and profit goals.

d. Marketing strategy does not consider the target market’s size, structure, and behavior.

e. None of the above

7. Which statement is not true in Marketing Strategy Development?

Answer

a. Marketing strategy does not consider the target market’s size, structure, and behavior.

b. Marketing strategy should outline the planned price, distribution strategy, and marketing budget for the first year.

c. Marketing strategy describes the long-run sales and profit goals.

d. Marketing strategy is a three-part plan for introducing new-product in the market.

e. None of the above

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10. Which statement is false in Marketing Strategy Development?

TOP 10 LEARNING QUESTIONS FOR GROUP 3

Boni Regis

January 5, 2012

http://bonibeckregis.blogspot.com

Marketing Management Class of

Prof. Remigio Joseph De Ungria

(End of Questions)

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