Quiz 2 Strategic Marketing
Quiz 2 Strategic Marketing
Quiz 2 Strategic Marketing
4. To identify customer groups using descriptive characteristics and compare response rates
(a) cross classification analyses
(b) purchase behavior segmentation
(c) database segmentation
(d) none of the above
6. The philosophy of ______ is to identify market segments, select one or more, and develop
products and marketing mixes tailored to each selected segment.
(a) mass marketing
(b) product-variety marketing
(c) target marketing
(d) micro-marketing
7. ______ is to evaluate each segment's attractiveness and select one or more of the market
segments.
(a) market segmentation
(b) market targeting
(c) market positioning
(d) market evaluation
8. A firm using a ________ strategy targets several market segments and designs separate
offers for each segment.
(a) differentiated marketing
(b) concentrated marketing
(c) undifferentiated marketing
(d) none of the above
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9. Logic for finer segmentation
(a) customized Offerings
(b) diverse customer base
(c) close customer relationship
(d) all of above
(e) none of the above
10. When segments are difficult to identify even though diversity in preferences may exist,
companies may appeal to buyers through
(a) product specialization
(b) product variety
(c) a & b
(d) none of the above
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