Strategic Marketing Session 8 Quiz
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Questions and Answers

Which aspect is not evaluated in the ten questions for assessing the plan?

  • Elimination of small complex activities
  • Belief in the plan
  • Investing sufficiently in the key 'moments of truth' (correct)
  • Sufficient focus on key programmes

What type of costs are suggested to be minimized in the evaluation of the plan?

  • Complex costs
  • Operational costs
  • Working costs
  • Non-essential costs (correct)

According to the content, what should the plan work through in an integrated manner?

  • Key programmes
  • Complex activities
  • "Moments of truth"
  • Silos (correct)

What is emphasized as an important target for addressing activities according to the content?

<p>A broad enough target (B)</p> Signup and view all the answers

In which context are 'hot' places/people/moments suggested to be focused on in the evaluation of the plan?

<p>&quot;Moments of truth&quot; (B)</p> Signup and view all the answers

What percentage of consumers find environmental preservation to be an extremely important value?

<p>65% (A)</p> Signup and view all the answers

Which type of sustainability focuses on improving the lives of people touched by a brand and company?

<p>Social sustainability (B)</p> Signup and view all the answers

What percentage of consumers consider social tolerance to be very important?

<p>63% (D)</p> Signup and view all the answers

In terms of sustainability, which type focuses on long-term good practices over growth at any cost?

<p>Economic sustainability (A)</p> Signup and view all the answers

What is the primary focus of environmental sustainability?

<p>Minimizing business impact on the environment (D)</p> Signup and view all the answers

Which cause is NOT the only one important for consumers, according to the text?

<p>Economic sustainability (D)</p> Signup and view all the answers

What is the primary focus of SOCIAL SUSTAINABILITY as mentioned in the text?

<p>Improving the lives of people connected to the brand (D)</p> Signup and view all the answers

What is one way in which Zara supports SOCIAL SUSTAINABILITY?

<p>Collecting and donating clothes to an NGO (A)</p> Signup and view all the answers

What do CONSUMER EXPECTATIONS urge brands to do according to the text?

<p>Support social causes and engage consumers (A)</p> Signup and view all the answers

Which of the following is NOT a key aspect of BRAND COMMITMENT as discussed in the text?

<p>Being inconsistent (A)</p> Signup and view all the answers

What role does PURPOSE play in the context of BRAND COMMITMENT?

<p>It guides the brand towards consistent actions (A)</p> Signup and view all the answers

What is one of the key evaluation questions mentioned for assessing a plan as per the text?

<p>Can our plan deliver excellent execution? (C)</p> Signup and view all the answers

What is the main focus of the 'Penetration Strategy' mentioned in the text?

<p>Establishing a unique differentiated icon as the face of the brand (B)</p> Signup and view all the answers

In the context of a changing environment, what does the text suggest about the control of 'Message' and 'Media'?

<p>Message controlled by consumers and Media controlled by brand owners (C)</p> Signup and view all the answers

What is the significance of 'Zero Moment of Truth' in the context mentioned in the text?

<p>It refers to the moment when consumers decide to engage with a brand's message (C)</p> Signup and view all the answers

What role are consumers expecting brands to play in the current scenario?

<p>Be actively involved and committed to supporting specific causes (B)</p> Signup and view all the answers

What is highlighted as a key aspect of the changing environment related to social networks?

<p>Importance of virality for brand promotion and visibility (D)</p> Signup and view all the answers

Which element is central to the 'Brand Commitment' concept discussed in the text?

<p>Consumers preferring brands that actively support particular causes (A)</p> Signup and view all the answers

What is the main focus of economic sustainability according to the text?

<p>Long-term focus and good practices (A)</p> Signup and view all the answers

Which of the following best describes social sustainability based on the text?

<p>Improving the lives of people associated with the brand and company (D)</p> Signup and view all the answers

What distinguishes brands that prioritize environmental sustainability in their DNA according to the text?

<p>They help solve environmental issues beyond their direct impact (C)</p> Signup and view all the answers

Which commitment related to environmental sustainability is mentioned in the text?

<p>Pledge to manufacture products using recycled polyester by 2024 (A)</p> Signup and view all the answers

How is the price of $220/pair (>1 bn USD) related to 'Run for the Oceans' according to the text?

<p>It is a donation amount for each kilometer run in the event (C)</p> Signup and view all the answers

In what way does economic sustainability differ from social sustainability based on the text?

<p>Economic sustainability prioritizes good practices over growth, while social sustainability aims to enhance people's well-being (D)</p> Signup and view all the answers

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