Mkt 571 Week 1 Quiz Complete Assignment Help Essay

722 Words Jul 28th, 2015 3 Pages
1. Which of the following would consumers associate closely with a brand?
• Brand attitudes
• Points-of-difference
• Customer focuses
• Points of reference

2. What is the second stage of the consumer buying process?
• Information search
• Buyer satisfaction
• Purchase decision
• Evaluation of alternatives

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3. Which of the following is known as the process of creating a segment storyboard to test the attractiveness of each segment?
• Segment attractiveness
• Segment acid test
• Needs-based segmentation
• Marketing-mix strategy

4. Which other dimension is the VALS classification system based on besides consumer motivation?
• Consumer retention
• Consumer resources
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Which market is known as the invisible market segment?
• Asian American
• Hispanic American
• African American
• Caucasian American

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11. What other dimension helps market segments be measurable, substantial, accessible, and differentiable?
• Actionable
• Reasonable
• Obtainable
• Functional

12. How many primary groups does VALS classify U.S. adults into based on personality traits and key demographics?
• Seven
• Nine
• Eight
• Two

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13. Which term describes the diverse needs of many ethnic market segments?
• Multidiversity marketing
• Multifaceted marketing
• Mass marketing
• Multicultural marketing

14. When purchasing, in which state does the consumer set a minimum acceptable cutoff level for each attribute and then makes a buying decision?
• Elimination-by-aspects heuristic
• Conjunctive heuristic
• Lexicographic heuristic
• Indirect heuristic

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15. Which of the following tools do marketers use to visually illustrate how consumers view products or services on multivariables?
• Brand cannibalizations
• Brand extensions
• Perceptual mapping
• Point-of-difference

16. Which other factor does an organization’s marketing strategy focus on: segmentation, targeting, and
• positioning
• perceptual mapping
• positive

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