Ch 6 Quiz
Which of the following would make a segment less attractive to enter? A. Very few substitute products B. A lack of aggressive competitors C. Suppliers with weak bargaining power D. Buyers with weak bargaining power E. New entrants finding it easy to enter the segment
E
Dividing buyers into groups based on social class, lifestyle, or personality characteristics is called ________ segmentation. A. psychographic B. behavioral C. user status D. geographic E. age and life cycle
A
When we see Hello Kitty on children's clothing, Disney characters on lunchboxes, and Sponge Bob Squarepants on breakfast cereals, which form of brand sponsorship is being used
licensing
When Doritos comes out with new flavors of its tortilla chips, what brand development strategy does it employ
line extension
Which brand dimension is defined as how consumers feel a brand meets their needs
relevance
_____ means that services cannot be seen, tasted, felt, heard, or smelled before they are bought
service intangibility
Which of the following statements is true regarding managing service quality
unlike product quality, it will always vary
The quality of services depends on who provides them as well as when, where, and how they are provided. Which characteristic of services does this describe
variability
Which of the following is considered part of an augmented product rather than that of an actual product or core customer value
warranty
Toyota allows Scion buyers to customize their cars to meet their exact needs and preferences. This is an example of ____________. A. differentiated marketing B. segmented marketing C. micromarketing D. undifferentiated marketing E. concentrated marketing
C
Your local pizzeria promises "Delivery in 30 minutes or less or the pizza is free." What point of differentiation is this? A. Product differentiation B. People differentiation C. Services differentiation D. Channel differentiation E. Image differentiation
C
Socially responsible target marketing would classify which of the following as an especially vulnerable target market for harmful or controversial products? A. Baby Boomers B. Females C. Single households D. Children E. Wealthy consumers
D
Which type of market segmentation has long been used in clothing, cosmetics, toiletries, and magazines? A. Benefits sought B. Occasion C. Income D. Gender E. Usage rate
D
At one time, Miller Beer was known as the "champagne of bottled beer." It was targeted at an elite class of customers. Later, to increase sales, Miller was repositioned to attract members of the working, middle-class. What is this segmentation method called? A. User status B. Behavioral C. Usage rate D. Benefit E. Psychographic
E
Grocers in neighborhoods with a large Hispanic population typically carry more brands that Hispanic consumers prefer than grocers in other neighborhoods. This is an example of ________. A. concentrated marketing B. undifferentiated marketing C. individual marketing D. differentiated marketing E. local marketing
E
Marketers must be careful to guard against stereotypes when using ________. A. demographic segmentation B. psychographic segmentation C. income segmentation D. benefits segmentation E. age and life cycle segmentation
E
The website leftyslefthand.com markets products to left-handed consumers only. Which targeting strategy does this represent? A. Concentrated marketing B. Micromarketing C. Segmented marketing D. Differentiated marketing E. Undifferentiated marketing
A
Heeltoe, a boutique that caters to the footwear needs of women, manufactures two different lines of footwear based on the purchasing power of its customers. One product line caters to the needs of affluent, middle-aged women, and the other line targets younger professionals and homemakers. Heeltoe most likely segments the consumer market based on ________ variables. A. psychographic B. universal C. demographic D. geographic E. behavioral
C
Which of the following is a variable used to segment consumer buyers that is not used to segment business buyers? A. Operating characteristics B. Purchasing approaches C. Psychographics D. Personal characteristics E. Situational factors
C
______ consists of arranging for a market offering to occupy a clear, distinctive, and desirable place relative to competing products in the minds of target consumers. A. Market targeting B. Market segmentation C. Mass marketing D. Positioning E. Differentiation
D
________ involves dividing a market into smaller segments of buyers with distinct needs or behaviors that might require separate marketing strategies. A. Mass marketing B. Positioning C. Differentiation D. Market targeting E. Market segmenting
E
Nailit is selling the products in specially designed bottles that make application easier, made from a non-toxic, water-based nail polish with amazing summer colors. Which of the following is a core customer value for Nailit's line of polishes
desire to have beautiful nails
In determining product quality, what are the two dimensions of quality marketers must decide upon
level and consistency
Grocers in neighborhoods with a large Hispanic population typically carry more brands that Hispanic consumers prefer than grocers in other neighborhoods. This is an example of
local marketing
When Coca-Cola saw the growth of the bottled water category, they launched Dasani, its brand of bottled water. Which brand development strategy did Coca-Cola use in launching Disani
new brand
Kroger sponsors such brands as Private Selection, Heritage Farm, and Simple Truth. Kroger does not manufacture any of these products. Which type of brand sponsorship is Kroger using
private brand
________ segmentation calls for dividing the market into different nations, regions, states, counties, cities, or even neighborhoods. A. Geographic B. Demographic C. Lifestyle D. Behavioral E. Income
A
__________ show consumer perceptions of their brands versus those of competing products on important buying dimensions. A. Perceptual positioning maps B. Competitive maps C. Psychographic maps D. Target segment maps E. Competitively positioned maps
A
A company can differentiate itself from competitors using symbols such as McDonald's golden arches, Twitter's bird, and the Nike swoosh. Which type of differentiation is this? A. Services differentiation B. Image differentiation C. Channel differentiation D. People differentiation E. Product differentiation
B
Byron Tied 2 Bowties groups its customers by regions in the United States, such as Midwest, Northeast, and Southwest. For each region, Byron Tied 2 Bowties creates a different set of advertisements and promotions. On which of the following segmentation variables does the firm divide its market? A. Personality B. Geography C. Benefits sought D. Behavior E. Demographics
B
The marketing manager at Arbor's Delicatessen targets customers who are working to lose weight but who still want to dine out. The restaurant chain offers a wide variety of low-fat, low-calorie meals that appeal to dieters. Arbors' approach is best referred to as ________ segmentation. A. geographic B. psychographic C. benefit D. age and life cycle E. user status
B
H2Coast, an automobile manufacturer, produces fuel-efficient hybrid vehicles that are targeted toward middle-income consumer groups. H2Coast most likely segments the consumer market based on ________ variables. A. psychographic B. demographic C. geographic D. behavioral E. universal
B
If competitors cannot easily copy the benefit a company chooses to promote, that benefit is said to be _________. A. affordable B. superior C. preemptive D. profitable E. distinctive
C
Kidcomp, an American computer-manufacturing firm, targets children below the age of ten by providing free games and applications. The firm's marketing approach is reflective of ________ segmentation. A. occasion B. income C. age and life cycle D. geographic E. gender
C
Firms that manufacture seasonal products target their consumers primarily through ________ segmentation. A. psychographic B. age and life cycle C. income D. occasion E. demographic
D
If a segment is large enough or profitable enough to serve, it is ________. A. accessible B. measurable C. actionable D. substantial E. differentiable
D
Many marketers think that companies should aggressively promote only one benefit to the target market. The benefit promoted is known as a(n) ________. A. unique position proposition B. unique difference proposition C. unique benefit proposition D. unique selling proposition E. unique product proposition
D
Marketers must be careful to guard against stereotypes when using
age and demographic
Kidcomp, an American computer-manufacturing firm, targets children below the age of ten by providing free games and applications. The firm's marketing approach is reflective of
age and life cycle segmentation
Which of the following correctly defines a product
anything introduced to a market that satisfies wants and needs
Socially responsible target marketing would classify which of the following as an especially vulnerable target market for harmful or controversial products
children
The website leftyslefthand.com markets products to left-handed consumers only. Which targeting strategy does this represent
concentrated marketing
Which type of consumer products are frequently purchased with little planning, little comparison or shopping effort, and low customer involvement
convenience products
Which of the following statements is true regarding packaging
could be part of brand identity
The value of customer relationships that a brand creates is called
customer equity
H2Coast, an automobile manufacturer, produces fuel-efficient hybrid vehicles that are targeted toward middle-income consumer groups. H2Coast most likely segments the consumer market based on
demographic variables
product line caters to the needs of affluent, middle-aged women, and the other line targets younger professionals and homemakers. Heeltoe most likely segments the consumer market based on
demographic variables
Which type of market segmentation has long been used in clothing, cosmetics, toiletries, and magazines
gender
______ segmentation calls for dividing the market into different nations, regions, states, counties, cities, or even neighborhoods
geographic
A company can differentiate itself from competitors using symbols such as McDonald's golden arches, Twitter's bird, and the Nike swoosh. Which type of differentiation is this
image differentiation
Materials and parts, capital items, and supplies and services are groups of
industrial products
_____ means that the service firm must orient and motivate its customer-contact employees and supporting service people to work as a team to provide customer satisfaction
internal marketing
Identifying, describing and promoting the product are three functions of
labeling
_____ involves dividing a market into smaller segments of buyers with distinct needs or behaviors that might require separate marketing strategies
market segmenting
Toyota allows Scion buyers to customize their cars to meet their exact needs and preferences. this is an example of
micromarketing
When manufacturers launch products using their own brand names, which sponsorship option are they using
national brandind
Which of the following would make a segment less attractive to enter
new entrants finding it easy to enter
Firms that manufacture seasonal products target their consumers primarily through
occasion
____ show consumer perceptions of their brands versus those of competing products on important buying dimensions
perceptual positioning maps
For which service characteristic do marketers need to pay close attention to fluctuations in demand
perishability
If competitors cannot easily copy the benefit a company chooses to promote, that benefit is said to be
preemptive
Which of the following statements regarding the important decisions in the development and marketing of individual products is correct
product attributes that communicate and deliver benefits to the consumer quality, features, and style design
If a company adds a new product line to its existing portfolio, it has increased its
product width mix
At one time, Miller Beer was known as the "champagne of bottled beer." It was targeted at an elite class of customers. Later, to increase sales, Miller was repositioned to attract members of the working, middle-class. What is this segmentation method called
psychographic
The marketing manager at Arbor's Delicatessen targets customers who are working to lose weight but who still want to dine out. The restaurant chain offers a wide variety of low-fat, low-calorie meals that appeal to dieters. Arbors' approach is best referred to as
psychographic
Dividing buyers into groups based on social class, lifestyle, or personality characteristics is called
psychographic segmentation
Your local pizzeria promises "Delivery in 30 minutes or less or the pizza is free." What point of differentiation is this
services differentiation
When a company lengthens a product line by adding more items beyond its current range, they are
stretching the line
If a segment is large enough or profitable enough to serve, it is
substantial
Which of the following statements about service marketing is correct
training current employees better and hiring new ones with more skills can increase productivity
Many marketers think that companies should aggressively promote only one benefit to the target market. The benefit promoted is known as a
unique selling proposition