HSA3160 HEALTH CARE MARKETING CH.8
The SIC code is a classification system based upon what?
A Federal Government Classification accord gin to the major business activity or service within which the firm operates.
When an organization collects data from everyone in the population this is defined as what?
A census
The major difference between secondary and primary data is that secondary data are?
Are data collected for another purpose than that under study
What is the ideal way to segment?
Behaviorally
Targeting to just one segment of the market is referred to as what?
Concentration Strategy
Products that are frequently purchased with little deliberation by the shopper are termed?
Convenience goods
Extracting information from large amounts of data is referred to as what
Data mining
Which data collection method has the least relevance in health care?
Experimental design
T/F A company must target only one market segment to be effective.
False
T/F A health system buys physician practices in many different regions and several smaller hospitals. It lets each entity retain its own name. This organization is following a reseller strategy
False
T/F A key goal in the introduction stage of the life cycle is to generate selective demand for the new product
False
T/F A product that can be consumed in some defined period of time is a durable good
False
T/F All stratified samples are proportionate
False
T/F Data that was collected for another purpose is referred to as primary data
False
T/F Focus groups are used in two aspects of the research process; problem generation and hypothesis testing
False
T/F Focusing on service elements is a component of relationship marketing
False
T/F Henry Ford was remembered for saying "You can have any color car you want as long as it is black," this is an example of a niche strategy
False
T/F In many customer/ company interactions, loyalty and satisfaction are the same
False
T/F In nondurable goods, personal sales are often a critical part of the promotional strategy
False
T/F In terms of the heuristic of segmentation, the lowest level would be preferences
False
T/F In the conduct of a gap analysis, one gap that is commonly referred to as the "walks the talk" gap is the one that occurs between expectations of service quality and management perceptions of those expectations
False
T/F It has been found that if customers are really satisfied they will maintain their loyalty to an organization
False
T/F Lifestyle and class is a form of AIO segmentation.
False
T/F Mystery shoppers have been used by hospitals in the emergency room as a form of survey research.
False
T/F Over the course of the product life cycle, prices for a product or service tend to stabilize as competition enters
False
T/F Products that have a very protracted introductory period before reaching the growth phase are referred to as extended learning products
False
T/F Robotic surgery has been affected in terms of its adoption because it is not compatible with values
False
T/F Shifting the organization's thinking to focus on each individual transaction is the foundation of relationship marketing
False
T/F Systematic benefit segmentation has been found to be successful when used on an intermittent basis by an organization in conjunction with loyalty segmentation schemes
False
T/F The Physician Master file identifies the prescription ordering behavior of doctors but all states have now banned access to that information to marketing firms
False
T/F The SIC code (Standard Industrial Classification) of the Federal Government is a system that describes the major purchasing categories of each company for bidding purposes
False
T/F The first step in the market research process is to identify the research objectives
False
T/F The majority fallacy is when all competitors focus on the same segment of the market
False
T/F The objective of database marketing is to gather information to use for refining profit on service lines
False
T/F When an organization assesses customer feedback it always must improve service in any contact point where it does not exceed expectations.
False
T/F When doing sampling and starting with a random starting point and then taking every "kth" unit, that approach is referred to as a simple systematic sample
False
T/F When no new competitors enter the market that is the key sign that the product life cycle is now in the mature phase
False
Adoption increases when the group of people considering the new technology is more similar. This is referred to as the dimension of:
Homophilious
"Are the data objectively collected?" is which of the following criterion to consider in using secondary data?
Impartial
In recent years, hospitals have moved to paying shift differentials for peak times in the operating room, this is an attempt to manage which of the following five I's of services?
Inventory
One of the least expensive ways to collect market research data are by what?
Mail surveys
A multi-specialty clinic has established a surgi center, a rehab group, and a durable medical equipment company. All of these entities are under the name of the multi-specialty practice. This branding strategy would be?
Multi-product
Exploratory research objectives are specified in the research process when an organization
Needs to determine the cause of a problem
Personal sales are more often used for ______, while advertising is more common for ____ goods.
Nondurable, durable
Information specifically collected to address a specific research question is referred to as what?
Primary data
In a transactional focus, the organization's attention is on?
Product or service that is being produced
In marketing, a test market is a common form of what?
Quasi-experiment
Relationship marketing should be more effective in health care than many other industries because?
Research shows relationship marketing is more effective when relationships are more critical to customers
Loyalty is increasingly recognized as an important objective because?
Retention can lead to increases in profitability
With regard to health care, the Boomers compared to either the Post War cohort of the World War II cohort have been found to do what?
Seek out additional information about their care and treatment
The ease with which a customer can access a clinic is represented by which variable in the customer value equation?
Service acquisition cost
An Accountable Care Organization provides a local employer with quarterly health status reports of the individuals who are employed by the company but covered for their health care by cost the ACO. While the individuals identities are not revealed the ACO provides general health status reports regarding smoking cessation participation, diabetes monitoring and blood pressure as well as the mammogram compliance for female employees who are of eligible age. This proactive approach is an example of what?
Service process quality
There are two components to customer loyalty are?
Share of customer purchase and Retention
Customer relationship management focuses on both:
Software application and business strategies
When sales representatives call on physician practices to inform referral physicians of potential alternative practices that may meet their referral needs, they are helping with what type of "product"?
Specialty
For many years the Mayo Clinic was only located in Rochester, Minnesota. Patients would travel from all over the world to seek out their specialized expertise. Many of these individuals and family members would return over multiple years. The Mayo Clinic might be viewed as a:
Specialty good
One of the quickest ways to gather data from individuals is?
Telephone interviews
Brand equity is?
The association a consumer places in a brand with an organization
Usage segmentation in health care has been applicable in what situations?
The efficacy of a pharmaceutical drug can be used in alternative ways
The major limitation to mail surveys is?
The issues of response rate and who returns the survey
In conducting a sample, the sampling frame is the what?
The means of representing the sampling population
The zone of tolerance may be described as?
The range of forgiveness a loyal customer gives an organization for service lapses
The major difference between innovators, early adopters, early majority, late majority and laggards is?
The time when they adopt a new product or service
T/F A major reason the majority of customers leave a business is because of benign neglect by the organization
True
T/F A medical group and a hospital have decided to partner in a health promotion program in the community. They market this program with both organizations names prominently mentioned in all materials. This is an example of co-branding
True
T/F A skimming strategy tends to encourage competitors to enter the market
True
T/F A telephone directory that is used to select people in a survey would be the sampling frame
True
T/F All elements or people of interest to a researcher are called the population in sampling design
True
T/F Being a provider of choice is at the core of relationship marketing
True
T/F Cohort segmentation segments consumers based on the defining events that occurred in their lifetime that shape attitudes and values
True
T/F Developing a long term link with a customer for the benefit of the customer and the organization is relationship marketing
True
T/F Food products would be classified as nondurable goods
True
T/F Having each service provider at each level of service delivery use a defined script in dealing with a customer problem is a key component of an effective Customer Recovery System
True
T/F Individuals more socially connected, are more likely to adopt innovations.
True
T/F Loyalty rather than satisfaction is the key end state for marketers and organizations to achieve with customers
True
T/F MedCath Hospitals develops and establishes heart hospitals across the country. This approach is an example of a niche strategy
True
T/F Purposive samples in which experts judgments are used for unit section are non-probability samples
True
T/F The heavy half phenomenon refers to a small group of consumers who consume a disproportionate share of a product's usage
True
T/F The loyalty of customers who have a problem but experienced a successful recovery experience is greater than those who never had a problem
True
T/F The major limitation to a mass market limitation is competitive considerations
True
T/F To conduct lifestyle segmentation, market researchers use attitude, interest, and opinion questions
True
T/F Topamax was a pharmaceutical product found to be effective for the treatment of epilepsy and migraines. This may lead to a type of usage segmentation strategy
True
T/F When a perfect sampling frame exists, then there a single stage sample can always be conducted
True
T/F When an organization needs to determine the cause of the problem that is exploratory research
True
A strong component of brand loyalty is?
Trust
Effective recovery has been found to enhance what?
Trust
For profit organizations will evaluate market segments in terms of whether they are profitable as an important criterion, while not for profits will consider a market segment in terms of what?
Whether the segment can help contribute to depreciation or fund balance
Developing a system of an organized script for people to address service delivery failures with customers is referred to as what?
customer recovery system
A hospital has a heart center with cardiologists, cardiovascular surgeons, rehab services, psychiatrists, and durable medical equipment as needed. This hear center might be said to have a:
deep product line
The difference between a durable and nondurable good is that the latter is consumed in a
defined time period
Research has found that dissatisfied customers compared to satisfied customers
engage in greater word of mouth
In a customer contact audit, an organization does what?
flow charts every step in the delivery of the service
Psychographic segmentation refers to segmenting the market by what?
lifestyle and social class
The major marketing objective with the heavy half market segment is to do what?
maintain their loyalty
In the Gap analysis the "walk the talk" gap often occurs when?
management perceptions of customer expectations and service quality specifications
Off label uses of pharmaceutical products would be considered an example of?
market stretching
Assuming everyone in the market want the same product is the principle underlying which market segmentation approach?
mass marketing approach
Boutique medical practices that target wealthy clientele willing to pay for significant time with physicians when they need medical services are an example which type of a segmentation strategy?
niche
Market segmentation can be accomplished with which element of the marketing mix?
product, place, price, promotion
Developing strategies in which the market is segmented by ethnicity is using what form of segmentation?
socio-demographic