Devry BUSN319 final exam august 2015

Jul 30th, 2016
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Question Question 1.1. (TCO 4) Three commonly used methods of evaluating marketing programs are marketing metrics, marketing dashboards, and (Points : 5) marginal analysis. marketing audits. marketing ROI. marginal analysis. marketing control boards. Question 2.2. (TCO 1) Ideally in effective marketing planning, goals should be _____ in terms of what is to be accomplished and when. (Points : 5) loose and vague as general as possible flexible or elastic quantified and measurable None of the above Question 3.3. (TCO 3) Which marketing strategy focuses on a single market segment but adds additional product lines? (Points : 5) Full coverage Market specialization Product specialization Selective specialization Market-product concentration Question 4.4. (TCO 1) Based on relative competitive scope (broad target to narrow target) and source of competitive advantage (lower cost to differentiation), Porter's four generic business strategies are differentiation, cost focus, dif

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Devry BUSN319 final exam august 2015QuestionQuestion 1.1. (TCO 4) Three commonly used methods of evaluating marketing programs aremarketing metrics, marketing dashboards, and (Points : 5)marginal analysis.marketing audits.marketing ROI.marginal analysis.marketing control boards.Question 2.2. (TCO 1) Ideally in effective marketing planning, goals should be _____ in terms ofwhat is to be accomplished and when. (Points : 5)loose and vagueas general as possibleflexible or elasticquantified and measurableNone of the aboveQuestion 3.3. (TCO 3) Which marketing strategy focuses on a single market segment but addsadditional product lines? (Points : 5)Full coverageMarket specializationProduct specializationSelective specializationMarket-product concentrationQuestion 4.4. (TCO 1) Based on relative competitive scope (broad target to narrow target) andsource of competitive advantage (lower cost to differentiation), Porter's four generic businessstrategies are differentiation, cost focus, differentiation focus, and (Points : 5)exclusivity.electronic-focus.quality focus.cost leadership.service leadership.Question 5.5. (TCO 1) Step 3 in the planning phase of the strategic marketing process is (Points :5)the situation analysis.the market-product focus and goal setting.the marketing program.implementation.obtaining resources.Question 6.6. (TCO 1) The consumer products industry is one with several large competitors,soaring raw materials prices, and stron

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