Flaring out by unbundling is a strategy that can be used to reach customers that desire a greater transaction emphasis.
Indicate whether the statement is true or false
Question 2You are a senior analyst in the marketing research department of a major steel producer. You have been requested
to make a forecast of domestic automobile production for the forthcoming calendar year in order to predict the total
tonnage of steel that will be used by the automobile manufacturers. This is PRIMARILY a(n)
a. exploratory study.
b. descriptive study.
c. field experiment.
d. simulation.
e. laboratory experiment.
Question 3Consumers tend to recall a subset of six to ten brands known as an evoked set.
Indicate whether the statement is true or false
Question 4The costs of serving customers include order-related costs and the customer-specific marketing, technical, and administrative expenses.
Indicate whether the statement is true or false
Question 5You have been called in as a consultant for the purpose of advising what sales volume quotas for Brand A mouth
wash should be established for each of ten sales districts that collectively cover the continental United States. The
quotas are to be set for the next calendar year. This is PRIMARILY a(n)
a. exploratory study.
b. descriptive study.
c. lab experiment.
d. field experiment.
e. turnover analysis.
Question 6Thirty years ago, consumers did not think much about the performance of their athletic shoes. Today we are continually bombarded with newer and better products that will make us run faster and jump higher. This can best be thought of as an example of marketing creating a new ideal state.
Indicate whether the statement is true or false
Question 7The ordering of large quantities of standard products with no special delivery needs typically indicates low-cost-to-serve customers.
Indicate whether the statement is true or false
Question 8You would like to determine the demographic characteristics of owners of personal watercraft. The appropriate
research strategy is:
a. analysis of insight-stimulating examples.
b. exploratory research.
c. descriptive research.
d. field experiment.
e. laboratory research.
Question 9Having a baby will probably result in changes in your ideal state.
Indicate whether the statement is true or false