D373 PA - Applies Strategic Marketing Tools and Methodologies Test Questions Solved Correct.
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Course
WGU D373
Institution
WGU D373
What is a new company entering an established industry with groundbreaking ideas or products known as? - Answer Disruption
What is a key factor for product success when a company releases a product that creates a new product category? - Answer Consumer education
What is the riskiest gro...
D373 PA - Applies Strategic Marketing
Tools and Methodologies Test Questions
Solved Correct.
What is a new company entering an established industry with groundbreaking ideas or products known
as? - Answer Disruption
What is a key factor for product success when a company releases a product that creates a new product
category? - Answer Consumer education
What is the riskiest growth strategy for a company according to the Ansoff Matrix? - Answer
Diversification
Which growth strategy in the Ansoff Matrix is represented when a company develops a new product for
a new market? - Answer Product diversification
What describes the creation of a minimum viable product (MVP)? - Answer Developing a product that
meets the basic needs of the customers
Which methodology fulfills the basic needs of customers with the intent of building a more useful final
version based on user feedback? - Answer Minimum viable product
A car dealership calls a new customer to ask about their buying experience. Which research method is
this? - Answer Personal interview
Which type of research method are focus groups, personal interviews, and shopper interception? -
Answer Offline
After a product launch, a company wants to know the general public opinion of its new product. Which
research method should the company use? - Answer Social sentiment
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