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Identifying Market Segments and Targets

The five forces model of Michael Porter determines the attractiveness in long-run does not include _________?

July 17, 2022October 3, 2021 by admin
The five forces model of Michael Porter determines the attractiveness in long-run does not include _________?

A. threat of new entrants
B. threat of rivalry
C. threat of substitute products
D. opportunity to alliance

Categories Identifying Market Segments and Targets, Marketing Mcqs

The manufacturer of microscope selling its product to colleges, universities and specific laboratories is an example of ________?

July 17, 2022October 3, 2021 by admin
The manufacturer of microscope selling its product to colleges, universities and specific laboratories is an example of ________?

A. single product concentration
B. mass customization
C. product specialization
D. market specialization

Categories Identifying Market Segments and Targets, Marketing Mcqs

The narrowly defined consumer group seeking the mix of benefits in a segment is classified as _________?

July 17, 2022October 3, 2021 by admin
The narrowly defined consumer group seeking the mix of benefits in a segment is classified as _________?

A. niche
B. individuals
C. custom group
D. costly customization

Categories Identifying Market Segments and Targets, Marketing Mcqs

The people who seek products with functional or practical purposes are considered as _________?

July 17, 2022October 3, 2021 by admin
The people who seek products with functional or practical purposes are considered as _________?

A. makers
B. destroyers
C. non-makers
D. non-destroyers

Categories Identifying Market Segments and Targets, Marketing Mcqs

The consumer’s primary motivation does not include _________?

July 17, 2022October 3, 2021 by admin
The consumer’s primary motivation does not include _________?

A. ideals
B. leadership
C. achievement
D. self-expression

Categories Identifying Market Segments and Targets, Marketing Mcqs

The VALS segmentation framework dimension ‘consumer motivation’ is classified as _________?

July 17, 2022October 3, 2021 by admin
The VALS segmentation framework dimension ‘consumer motivation’ is classified as _________?

A. the horizontal dimension
B. the vertical dimension
C. the stretch dimension
D. the strength dimension

Categories Identifying Market Segments and Targets, Marketing Mcqs

The young and impulsive people who seek excitement and variety can be the best _________?

July 17, 2022October 3, 2021 by admin
The young and impulsive people who seek excitement and variety can be the best _________?

A. innovators
B. non-innovators
C. experiences
D. non-achievers

Categories Identifying Market Segments and Targets, Marketing Mcqs

The young and impulsive people who seek excitement and variety can be the best __________?

July 17, 2022October 3, 2021 by admin
The young and impulsive people who seek excitement and variety can be the best __________?

A. innovators
B. non-innovators
C. experiences
D. non-achievers

Categories Identifying Market Segments and Targets, Marketing Mcqs
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