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IBM Final exam 2024 UPDATE

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online consumers - Answer the subsegment of all internet users who employ this technology to research products and services and make purchases. Depth of product line - Answer the store carries a large assortment of each item, such as a shoe store that offers running shoes, dress shoes, and children's shoes. Breadth of product line- - Answer refers to the variety of different items a store carries, such as appliances and books. Pioneering (informational)- - Answer tell people what a product is, what it can do, and where it can be found. Key of advertisement is to inform the target market. Competitive(persuasive): - Answer advertising that promotes a specific brand's features and benefits. Reminder- - Answer advertising I sused to reinforce previous knowledge of a product. Reminds consumers about a special event (example: vday) Encoding: - Answer The process of having the sender transform an idea into a set of symbols. Decoding: - Answer The reverse of encoding. The process of having the receiver take a set of symbols, the message, and transform the symbols back to an idea. Feedback - Answer The sender's interpretation of the response and indicates whether the message was decoded and understood as intended. Noise: - Answer Extraneous factors that can work against effective communication by distorting a message or the feedback received. personal selling - Answer The two- way flow of communication between a buyer and seller, often in a face to face encounter, designed to influence a person's or group's purchase decision. BOT - Answer electronic shopping agents or robots that comb websites to compare prices and product or service features. 80/20 rule - Answer A marketing rule of thumb that 20 percent of purchasers account for 80 percent of a product's sales. Full service- - Answer -Specialty stores/department stores, that provide many services to their customers. Free exchanges, easy returns, gift cards, credit cards through the store. Personal stylists. Etc. Limited-service- - Answer general stores like walmart, target, kmart. Theres help in jewelry sections or in lawn and garden/electronic. Self- Service= - Answer Customers perform many functions during the purchase process. Warehouse clubs such as Costco, redbox, libraries. Etc. Context- - Answer A website's aesthetic appeal and functional look and feel refelected in site layout and visual design. Community- - Answer User-to user communications hosted by the company to create virtual communities. Connection - Answer The network of linkages between a company's site and other sites. Highlighted words, pictures, graphics. Social media - Answer online media where users submit comments, photos, and videos often accompanied by a feedback process to identify popular topics. (electronic media radio, tv) Limited skills are required. Can be posted virtually instaneous moment. There's less privacy, and its anonymous. Traditional media- - Answer Typically owned privately or by the government. Sepecialized skills, training, and teams are required. Cannot be changed if something is published in a magazine. (print, newspapers, magazines)

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IBM Final exam
online consumers - Answer the subsegment of all internet users who employ this
technology to research products and services and make purchases.

Depth of product line - Answer the store carries a large assortment of each item, such
as a shoe store that offers running shoes, dress shoes, and children's shoes.

Breadth of product line- - Answer refers to the variety of different items a store carries,
such as appliances and books.

Pioneering (informational)- - Answer tell people what a product is, what it can do, and
where it can be found. Key of advertisement is to inform the target market.

Competitive(persuasive): - Answer advertising that promotes a specific brand's features
and benefits.

Reminder- - Answer advertising I sused to reinforce previous knowledge of a product.
Reminds consumers about a special event (example: vday)

Encoding: - Answer The process of having the sender transform an idea into a set of
symbols.

Decoding: - Answer The reverse of encoding. The process of having the receiver take a
set of symbols, the message, and transform the symbols back to an idea.

Feedback - Answer The sender's interpretation of the response and indicates whether
the message was decoded and understood as intended.

Noise: - Answer Extraneous factors that can work against effective communication by
distorting a message or the feedback received.

personal selling - Answer The two- way flow of communication between a buyer and
seller, often in a face to face encounter, designed to influence a person's or group's
purchase decision.

BOT - Answer electronic shopping agents or robots that comb websites to compare
prices and product or service features.

80/20 rule - Answer A marketing rule of thumb that 20 percent of purchasers account for
80 percent of a product's sales.

Full service- - Answer -Specialty stores/department stores, that provide many services
to their customers. Free exchanges, easy returns, gift cards, credit cards through the
store. Personal stylists. Etc.

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