Mktg 522 quiz 2 multiple choice 2014

Mktg 522 quiz 2 multiple choice 2014

  • Submitted By: tabby12
  • Date Submitted: 04/27/2014 7:55 PM
  • Category: Business
  • Words: 654
  • Page: 3
  • Views: 5

These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below.
Date Taken:
4/3/2014
Time Spent:
47 min , 55 secs
Points Received:
60 / 60  (100%)

Question Type:
# Of Questions:
# Correct:
Multiple Choice
10
10



Grade Details - All Questions

Question 1.
Question :
(TCO C) Sam wants to buy a washing machine and is looking for something that is modestly priced. 
When he goes to make the purchase, he finds there are two options that meet his requirements. One is an IFB Bosch product, while the other is a newly imported South Korean brand. Adam is not very familiar with the latter and does not hesitate in choosing Bosch. This example implies that ________.

 
Student Answer:

 the imported brand will not survive the competition from Bosch
 


 Bosch has a positive customer brand equity
 


 the South Korean company has a low advertising budget
 


 the imported brand is unreliable
 


 the Bosch washing machine has better features than the imported brand
 
Instructor Explanation:
Page Ref: 244


 
Points Received:
6 of 6
 
Comments:




Question 2.
Question :
(TCO C) The notion of the "four Ps" in the traditional "marketing-mix" concept may not adequately describe modern marketing programs. ________ is about mixing and matching marketing activities to maximize their individual and collective effects.

 
Student Answer:

 Personalized marketing
 


 Mass customization
 


 Globalized marketing
 


 Relationship marketing
 


 Integrated marketing
 
Instructor Explanation:
Page Ref: 251


 
Points Received:
6 of 6
 
Comments:




Question 3.
Question :
(TCO H) A company which is willing to maintain its market share, and not attack the leader and other competitors in an aggressive bid for further market share, is known as a ________. 

 
Student Answer:

 market...

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