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Digital Marketing Strategic Planning and Integration 1st Edition Hanlon Test Bank.pdf

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Digital Marketing Strategic Planning and Integration 1st Edition Hanlon Test B

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Test Bank for Marketing Management n n n n




15thEdition by Keller & Kotler n n n n




Marketing Management, 15e (Kotler)n n n


Chapter 2 Developing Marketing Strategies and Plans
n n n n n




B) strategic marketing plan n n


C) corporate tactical plan n n


D) corporate 1) The task of any business is to
n n . n n n n n n


A) create customer needs n n


B) differentiate in terms of cost of production n n n n n n


C) deliver customer value at a profit
n n n n n


D) reduce competition n


E) communicate similar value as provided by competitors n n n n n n n


Answer: C
Diff: 1
n


LO:
2.1: How does marketing affect customer value?
n n n n n n n


AACSB: Reflective thinking n




2) What is the traditional view of marketing?
n n n n n n


A) Firms should just focus on production because if the products are good then th
n n n n n n n n n n n n n


ey will automatically sell.
n n n


B) Firms should just focus on production and selling because marketing occurs as a p
n n n n n n n n n n n n n


art of the selling process.
n n n n


C) Firms should have a proper marketing team that can increase consumers' a
n n n n n n n n n n n


wareness of their products and rouse their interest in them.
n n n n n n n n n


D) Firms should price their products as low as possible so that marketing them b
n n n n n n n n n n n n n


ecomes easy. n


E) Firms should remember that promotion is the most important of the four Ps. A
n n n n n n n n n n n n n


nswer: B
Diff: 1
n


LO:
2.1: How does marketing affect customer value?
n n n n n n n


AACSB: Reflective thinking n




3) The value delivery process can be divided into three phases, out of which "
n n n n n n n n n n n n n


1

, Test Bank for Marketing Management
n n n n




15thEdition by Keller & Kotler n n n n


choosing the value" implies
n n n


, which is the essence of strategic marketing.
n n n n n n n




2

, Test Bank for Marketing Management
n n n n




15thEdition by Keller & Kotler n n n n




A) segmentation, developing, and delivering
n n n


B) targeting, positioning, and communicating
n n n


C) targeting, positioning, and delivering
n n n


D) segmentation, targeting, and positioning
n n n


E) researching, developing, and delivering
n n n n


Answer: D
Diff: 1
n


LO:
2.1: How does marketing affect customer value?
n n n n n n n


AACSB: Reflective thinking n




3

, Test Bank for Marketing Management
n n n n




15thEdition by Keller & Kotler n n n n




4) Apex Corporation is one of the best in its industry in terms of costs and perfor
n n n n n n n n n n n n n n n


mance. Many companies in its industry will probably consider Apex as a
n n n n n n n n n n n


.
A) pioneer
B) benchmark
C) target for acquisition
n n


D) future supplier n


E) sounding board for ideas n n n n


Answer: B
Diff: 1 n


LO:
2.1: How does marketing affect customer value?
n n n n n n n


AACSB: Application of knowledge n n




5) James Frank has been put in charge of gathering marketing intelligence, disse
n n n n n n n n n n n


minating it within his organization, and eventually directing action on the inform
n n n n n n n n n n n


ation. Mr. Frank's task is best described as part of the
n n n process. n n n n n n n


A) market-sensing
B) new-offering realization n


C) customer acquisition n


D) customer relationship management n n


E) fulfillment management n


Answer: A
n


Diff: 3 n


LO:
2.1: How does marketing affect customer value? AA
n n n n n n n


CSB: Analytical thinking; Application of knowledge n n n n




6) When a customer places an order at BookBox.com, the company processes the c
n n n n n n n n n n n n


ustomer's payment information, sends the order to the nearest warehouse, and ship
n n n n n n n n n n n


s the order via FedEx. This is best described as the
n n n n process. n n n n n n


A) market-sensing
B) customer acquisition n


C) customer relationship management n n


4

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