When can marketing become operational?
a. when production is tied to marketing
b. when sales-people go on call
c. when implementing plans to create CRM databases
d. when computing CLV
Question 2Explain how a factorial design is different from a one-way ANOVA.
Question 3One way marketers get customers to relate to brands is by using a brand __________, such as Google's classification as exciting or Rolex's classification as sophisticated.
a. spokesperson
b. image
c. personality
d. awareness
Question 4Managers should ask if the payoff will be worth the investment when deciding whether or not to make a decision without research.
Indicate whether the statement is true or false
Question 5Retention rates __________ over time.
a. always increase
b. always drop
c. always remain the same
d. can change or remain the same
Question 6Explain the total sum of squares and its components.
Question 7Branding cities and countries is becoming increasingly popular, as destinations seek more tourism and/or
a. business investment.
b. recognition.
c. taxes.
d. population.
Question 8Systematic research usually takes very little time to complete.
Indicate whether the statement is true or false
Question 9Bic Inc has a new ad to attract new customers. This ad is categorized as a(n)
a. retention cost.
b. discount rate.
c. average contribution.
d. acquisition cost.
Question 10CART is an automatic interaction routine combining cross-classification and ____________________.
Fill in the blank(s) with correct word