The marketing control process is universal in that it can be applied to any level of marketing analysis.
Indicate whether the statement is true or false
Question 2Which of the following scales is reflected by an attribute of an object that represents a non-ordered classification?
a. Nominal
b. Ordinal
c. Interval
d. Ratio
e. Conscious
Question 3Post-decision dissonance is particularly likely to occur when
a. MAO is low.
b. involvement is low.
c. the need for cognition is low.
d. the number of associations tied to a brand is high.
e. there is more than one attractive alternative.
Question 4An ABC system requires a firm to refrain from allocating all expenses to individual units and instead separate the expenses and match them to the activity that consumes the resources.
Indicate whether the statement is true or false
Question 5Which of the following is(are) permissible measure(s) of central tendency with ratio scales?
a. Arithmetic mean, median and the mode
b. Geometric mean
c. Median and mode
d. Both a and b.
e. a, b, and c.
Question 6Kimberly bought a digital camera at what she thought had the best price and features, but felt uncertain about her choice. This is likely an example of
a. impulsiveness.
b. response derogation.
c. post-decision dissonance.
d. response uncertainty.
e. decision disposition.
Question 7Once business marketing strategy is formulated, the manager must evaluate the response of target market segments to minimize any discrepancy between planned and actual results.
Indicate whether the statement is true or false