100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MBAX 6060 Marketing for Competitiveness (WU) Midterms Qns & And 2025. $16.49
Add to cart

Exam (elaborations)

MBAX 6060 Marketing for Competitiveness (WU) Midterms Qns & And 2025.

 0 view  0 purchase

MBAX 6060 Marketing for Competitiveness (WU) Midterms Qns & And 2025.MBAX 6060 Marketing for Competitiveness (WU) Midterms Qns & And 2025.MBAX 6060 Marketing for Competitiveness (WU) Midterms Qns & And 2025.

Preview 4 out of 31  pages

  • January 8, 2025
  • 31
  • 2024/2025
  • Exam (elaborations)
  • Unknown
All documents for this subject (16)
avatar-seller
Bankart
MBAX 6060

Marketing for Competitiveness

Midterms (Qns & Ans)

2025



1. Which of the following best describes the concept of
"integrated marketing communications" (IMC)?
- A) Using a single marketing channel to reach customers
- B) Coordinating all promotional activities to provide a
consistent message across all channels
- C) Focusing solely on digital marketing strategies
- D) Separating marketing efforts by product lines
- ANS: B) Coordinating all promotional activities to provide
a consistent message across all channels



©2024/2025

, - Rationale: IMC involves coordinating various promotional
activities to ensure a consistent and unified message across all
marketing channels.


2. What is the primary purpose of a marketing communication
strategy?
- A) To increase product prices
- B) To identify and target specific customer segments
- C) To convey the value proposition and build brand awareness
- D) To reduce operational costs
- ANS: C) To convey the value proposition and build brand
awareness
- Rationale: A marketing communication strategy aims to
effectively communicate the value proposition and build brand
awareness among target audiences.


3. Which of the following is a key characteristic of effective
marketing communication?
- A) Use of technical jargon
- B) Clarity and relevance to the target audience
- C) Focus on short-term sales
- D) Reliance on traditional marketing methods
- ANS: B) Clarity and relevance to the target audience
©2024/2025

, - Rationale: Effective marketing communication is clear and
relevant to the target audience, ensuring the message is easily
understood and resonates with them.


4. What is the primary difference between push and pull
marketing strategies?
- A) Push marketing focuses on creating demand through
advertising, while pull marketing relies on direct sales
- B) Push marketing involves promoting products to
intermediaries, while pull marketing targets end consumers
directly
- C) Push marketing is more cost-effective than pull marketing
- D) Push marketing is only used by large companies, while pull
marketing is used by startups
- ANS: B) Push marketing involves promoting products to
intermediaries, while pull marketing targets end consumers
directly
- Rationale: Push marketing promotes products to
intermediaries to push them through the distribution channel,
while pull marketing targets end consumers to create demand.


5. Which of the following best describes the concept of "brand
equity"?
- A) The total revenue generated by a brand


©2024/2025

, - B) The value of a brand based on consumer perception and
loyalty
- C) The cost of producing a brand's products
- D) The market share of a brand
- ANS: B) The value of a brand based on consumer
perception and loyalty
- Rationale: Brand equity refers to the value a brand holds in
the minds of consumers, based on their perception and loyalty.


Fill-in-the-Blank Questions
6. The __________ is a visual representation of the stages a
customer goes through from awareness to purchase and beyond.
- ANS: customer journey map
- Rationale: A customer journey map visually represents the
stages a customer goes through, helping businesses understand
and optimize the customer experience.


7. A __________ is a detailed description of a company's target
market, including demographics, behaviors, and preferences.
- ANS: customer persona
- Rationale: A customer persona provides a detailed profile of
the target market, helping businesses tailor their marketing
strategies.


©2024/2025

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

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 Bankart. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $16.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

51292 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$16.49
  • (0)
Add to cart
Added