Exam (elaborations)
COB 300D Marketing Final Exam (Atav) Questions and Answers 100% Pass
COB 300D Marketing Final Exam
(Atav) Questions and Answers 100%
Pass
Marketing helps create - Value
Production-Oriented Era - Turn of the 20th century
Believed a good product would sell itself
Sales-Oriented Era -
production and distribution techniques became more sophisticated
customers c...
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COB 300D Marketing Final Exam
(Atav) Questions and Answers 100%
Pass
Marketing helps create - ✔✔Value
Production-Oriented Era - ✔✔Turn of the 20th century
Believed a good product would sell itself
Sales-Oriented Era - ✔✔1920-1950
production and distribution techniques became more sophisticated
customers consume less or manufacture items themselves.
Firms responded to their overproduction depending on heavy doses of personal selling and advertising.
Market-Oriented Era - ✔✔After WWII,
Buyers market (lots of options to buy)
Value-Based Era - ✔✔-Focused on giving the customer what they want, but at a better value
-You get what you pay for... but price is not the most important factor
SWOT analysis - ✔✔strengths, weaknesses, opportunities, threats
X
Emily Charlene
Lead Athor
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,2|Page
portfolio analysis (BCG matrix) - ✔✔stars, cash cows, question marks, dogs
Stars - ✔✔high market share, high market growth
Cash Cows - ✔✔high market share, low market growth
Dogs - ✔✔low market share, low market growth
Question Marks - ✔✔low market share, high market growth
market penetration - ✔✔selling more of the same to the same types of people (lowest risk)
market development - ✔✔selling the existing products to new types of consumer (medium risk)
product development - ✔✔selling new products to existing customers (medium risk)
diversification - ✔✔selling new products to new consumer (highest risk)
Ansoff Growth Matrix - ✔✔
Segmentation - ✔✔divide the total market into smaller segments
geographic segmentation - ✔✔Value by region, Market Size, Customer Convenience, Population Shifts
demographic segmentation - ✔✔segmenting markets by age, gender, income, ethnic background, and
family life cycle
psychographic segmentation - ✔✔segmenting markets on the basis of personality, motives, lifestyles
geodemographic segmentation - ✔✔geographic, demographic, lifestyle
Benefit Segmentation - ✔✔the process of grouping customers into market segments according to the
benefits they seek from the product
X
Emily Charlene
Lead Athor
©All Rights Reserved, 2025
, 3|Page
Behavioral Segmentation - ✔✔dividing a market into segments based on consumer knowledge, attitudes,
uses of a product, or responses to a product
Segment Identification - ✔✔Who is in the market
What are their needs
Distinct separation of segments
Segment Substantiality - ✔✔segment must be large enough to warrant marketing mix
Segment Reachability - ✔✔Market must be accessed through persuasive communications and product
distribution
Segment Responsiveness - ✔✔Customers reaction must be similar to and positive to the firm's offering
Segment Profitability - ✔✔the profitability of a particular type of consumer or market segment,
determined by analyzing the revenues generated through the sale of products and services to that type of
consumer or segment
Segment Profitability Equation - ✔✔(segment size x segment adoption percentage x purchase behavior x
profit margin percentage) - fixed costs
Profit Margin Percentage - ✔✔(selling price - variable costs) / selling price
Undifferentiated Targeting Strategy - ✔✔aka: Mass Marketing
"focuses on the similarities in needs of the customers as opposed to the differences"
Differentiated Target Strategy - ✔✔A strategy in which an organization targets two or more segments by
developing a marketing mix for each segment
X
Emily Charlene
Lead Athor
©All Rights Reserved, 2025