Consumer Characteristics and Marketing Decisions
16 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the main focus of E-Business?

  • Interacting with customers and suppliers over the internet
  • Expanding markets and shortening distributional channels
  • Conducting industry, trade, and commerce using computer networks (correct)
  • Facilitating the launch of new products

Why did 'Satyam' collapse in 2009 according to the text?

  • Motorola's dominance in the mobile industry
  • Inability to shorten distributional channels
  • Lack of updated information available to the company (correct)
  • Doubts not being quickly solved

What led to the revolution of 'markets' over time?

  • Motorola's dominance in the mobile industry
  • Doubts being quickly solved
  • Consumer awareness and laws (correct)
  • Satyam's ranking in the top Indian IT companies list

What is the role of E-Commerce according to the text?

<p>Interaction of the firm with its customers and suppliers over the internet (A)</p> Signup and view all the answers

What led to a rise in Dabur Chyawanprash's market share to 68.5% in 1993?

<p>A change in packaging and advertising (D)</p> Signup and view all the answers

What strategy did Rasna incorporate after receiving a poor response initially?

<p>The influence of the child, ease in preparation, and economy (C)</p> Signup and view all the answers

What enabled Rasna to dominate 85% of the soft drinks concentrate market?

<p>The quality of ease in preparation and economy (C)</p> Signup and view all the answers

What function is normally the result of market research?

<p>Identify and define marketing opportunities and problems (A)</p> Signup and view all the answers

Which generation is born between 1977 and 1994?

<p>Generation Y (B)</p> Signup and view all the answers

How do economic factors influence buyer behavior?

<p>They affect buyer behavior differently during economic growth and depression (B)</p> Signup and view all the answers

What is included in the technological environment?

<p>New markets &amp; trends and antibiotics (B)</p> Signup and view all the answers

Why is the political environment important for a marketer to monitor?

<p>Laws and regulations change often and have a significant impact on companies and markets (A)</p> Signup and view all the answers

What is the initial, important element of information needed by the entrepreneur?

<p>Market potential for the product or service (C)</p> Signup and view all the answers

How did 'Vicks Vaporub' decide to position itself in the market in relation to 'Amrutanjan'?

<p>Creating a separate niche market (D)</p> Signup and view all the answers

What does the text suggest about marketing research?

<p>It gathers a variety of information for different decisions (B)</p> Signup and view all the answers

What enabled 'Vicks Vaporub' to become the largest selling brand for cold remedies?

<p>Relaunch with a stronger formulation (A)</p> Signup and view all the answers

More Like This

Marketing Characteristics of Consumer Markets
9 questions
تقسيم السوق
9 questions
Consumer Markets & Behavior Quiz
13 questions
Use Quizgecko on...
Browser
Browser