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dr_lawlz dr_lawlz
wrote...
Posts: 317
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6 years ago
Identify and describe the three basic corporate strategies for creating value and achieving market stature.

Question 2

Vertical relationships more than horizontal relationships have been identified as highly useful to the achievement of long-term supply chain objectives.
 
 Indicate whether the statement is true or false

Question 3

DeMarcus of ABC Medical Supply wants to identify influential people in the local medical community to test a new medical product. DeMarcus should create and analyze a sociomatrix to find the most influential medical professionals.
 a. True
  b. False
 Indicate whether the statement is true or false

Question 4

Multivariate dependence techniques are variants of the ____________________.
 Fill in the blank(s) with correct word

Question 5

Explain the concept of perceptual maps and why marketers find this tool valuable.

Question 6

4PL providers not only provide a broader scope of services to their clients and customers, but typically may be more strategically involved.
 
 Indicate whether the statement is true or false

Question 7

Marketers use influentials to test products and spread information about the products.
 a. True
  b. False
 Indicate whether the statement is true or false

Question 8

Statistical methods that permit the study of three or more variables at the same time are called ____________________ statistical analysis.
 Fill in the blank(s) with correct word
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Replies
wrote...
6 years ago
Answer to #1

The three basic strategies are operational excellence, product leadership, and customer intimacy. Operationally excellent companies are good at production, delivery, price, and convenience (e.g., Dell, Southwest Airlines, Walmart, Costco). Companies exhibiting product leadership pride themselves on quality and innovation (e.g., Johnson & Johnson and Sony). Companies focusing on customer intimacy are willing to tailor their products to particular customer needs, which can be expensive but is expected to pay off in long-term loyalty and enhanced customer lifetime value (e.g., Nordstrom, Home Depot, Amazon, Saturn).

Answer to #2

FALSE

Answer to #3

TRUE

Answer to #4

general linear model
GLM

Answer to #5

Marketing managers like to see graphical depictions of where their brands are, and where their competitors are, in the minds of their customers. These pictures help them envision how customers think about their brand and others and give them preliminary answers to many questions; e.g., in their customers' minds, what are their strengths and weaknesses? What are the strengths and weaknesses of their competitors? Although they think of certain companies and brands as their competition, who do customers see as their competitorswho do they think are their closest substitutes for the benefits they seek when they're buying in this product category? Perceptual maps provide these pictures.

Answer to #6

TRUE

Answer to #7

TRUE

Answer to #8

multivariate
dr_lawlz Author
wrote...
6 years ago
I'd be lost without this website, honestly
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