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BUS 303 Week 1 Quiz

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BUS 303 Week 1 Quiz

  1. Which of the following terms is associated with the execution of one-to-one advertising campaigns?
  2. Lands’ End, the clothing company, offers an unconditional guarantee that reads, “If you’re not satisfied with any item, simply return it to us at any time for an exchange or refund of its purchase price.” Which category of product strategy does this example illustrate?
  3. Customer value is identified in the text as possessing specific attributes. These include which four traits?
  4. During which stage of the Product Life Cycle are sales and profit MOST stable?
  5. What three component parts are essential to a value proposition?
  6. The Napa fuel gel and firepots discussed in this chapter represent a product at which stage in its life cycle?
  7. Which of the following terms was NOT discussed as a marketing solution to the negative effects of product parity?
  8. Which of the following is NOT a typical focus of research in the Marketing Strategy phase?
  9. Including what element in a marketing campaign makes it easier to quantify campaign response?
  10. A pizza company in Minneapolis donates one dollar to the local Second Harvest food bank for every sale of its “Heartland Harvest” pizza pie. Which concept does this example illustrate?

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