D373 PA - Applies Strategic Marketing Tools and Methodologies Test Questions Solved Correct.
5 views 0 purchase
Module
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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestSolver9. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £8.21. You're not tied to anything after your purchase.
