Reference no: EM132218040
1. Growth hackers are ready to go to market when they believe they have a(n) ____________ product.
optimal
working
profitable
minimum viable
2. Exploratory research has several characteristics. Which of the following is not typically one of those characteristics?
Flexible
Small scale
Concerned with cause and effect
Each of the above characteristics is typically true of exploratory research
3. The process of consumption is a five-stage process that starts with "need recognition" and ends with "reaction."
True
False
4. The easiest way to position a product is to _________.
get there first
follow the Competitive Repositioning Strategy
follow the Anti-alignment Positioning Strategy
follow the Alignment Positioning Strategy
5. How does the Process of Consumption for products differ from the Process of Consumption for services?
For Products, Information Search appears before Need Recognition
For Services, Need Recognition appears after Purchase
For Services, Evaluation of Alternatives appears after Purchase
There is no difference between the Processes.
6. Which of the following is NOT a benefit of marketing analytics?
They keep marketing focused on objectives.
They force top management to increase marketing budgets.
They help marketing improve its performance.
Each of these is a benefit of marketing analytics.
7. Which of the following is not a desirable characteristic of a target market?
Congruent
Stable
Heterogeneous
Identifiable
All of these are desirable characteristics of target markets
8. Although there are many things that managers must consider when evaluating the results of research projects, there are four primary areas of concern. Which of the following is not one of those areas of concern?
Too much information
False precision
Assumed causation
Biased samples
Each of the above is a primary area of concern
9. When a product category as a whole has a negative reputation, what positioning strategy might a firm use to work this to their advantage?
Alignment
Market Defying
Anti-Alignment
Divide and Conquer