Evolution of Marketing and Data Analytics
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Questions and Answers

What is referred to as the combustion engine in the context of big data?

  • Oil
  • Analytics (correct)
  • Business
  • Data

In the context of marketing, what has AI contributed to in recent years?

  • Optimization of production only
  • Optimization of management processes
  • Optimization and automation of logistics processes (correct)
  • Optimization of sales processes

According to the data provided, which industry in India has the highest percentage of AI usage from 2015-2020?

  • Transportation
  • Finance
  • Manufacturing
  • Healthcare (correct)

What is described as the new oil in the given context?

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

Which component of business practice saw immense development due to AI according to the text?

<p>Administrative processes (D)</p> Signup and view all the answers

Based on the data provided, what industry has shown a significant increase in AI usage from 2021-2025?

<p>Finance (C)</p> Signup and view all the answers

What is the purpose of Tesco's 'Every Little Helps' marketing program?

<p>To emphasize attention to detail (A)</p> Signup and view all the answers

What do universities, museums, and nonprofits use marketing for?

<p>To boost their public images (C)</p> Signup and view all the answers

What do social marketers aim to promote with messages like 'Friends Don’t Let Friends Drive Drunk'?

<p>Safe driving habits (C)</p> Signup and view all the answers

What do investment companies and banks market securities to?

<p>Individuals and institutions (B)</p> Signup and view all the answers

Which industry has Tesco risen to the top of in the UK?

<p>Supermarket chain (C)</p> Signup and view all the answers

What is a key aspect of the task environment in the marketing context?

<p>Producing, distributing, and promoting the offering (B)</p> Signup and view all the answers

What marketing strategy involves orchestrating services and goods to create, stage, and market experiences?

<p>Experience marketing (A)</p> Signup and view all the answers

Which of the following is NOT an example of a customized experience mentioned in the text?

<p>Visiting Walt Disney World's Magic Kingdom (C)</p> Signup and view all the answers

Who among the following is NOT given as an example of a person who has successfully marketed themselves?

<p>The Rolling Stones (A)</p> Signup and view all the answers

In marketing offerings, properties refer to rights of ownership in which of the following?

<p>Real estate only (B)</p> Signup and view all the answers

What type of events are promoted aggressively to both companies and fans according to the text?

<p>Global sporting events (A)</p> Signup and view all the answers

Which type of professionals get help from celebrity marketers based on the text?

<p>All of the above (D)</p> Signup and view all the answers

What was the main objective of Marketing 1.0?

<p>To sell products (B)</p> Signup and view all the answers

Which model was NOT part of the models in Marketing 1.0?

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

What was the marketing strategy used in Marketing 1.0 to differentiate products?

<p>Unique Selling Proposition (USP) (D)</p> Signup and view all the answers

How did Marketing 1.0 distribute its message?

<p>Television and radio (C)</p> Signup and view all the answers

Why was Marketing 1.0 considered unidirectional in its message?

<p>Lack of customer engagement (D)</p> Signup and view all the answers

What type of channels were commonly used for distribution in Marketing 1.0?

<p>Traditional channels like television and radio (B)</p> Signup and view all the answers

What is Marketing 2.0 defined as?

<p>Opening interactive communication channels between consumers and businesses using Web 2.0 resources (A)</p> Signup and view all the answers

What is the role of Web 2.0 in Marketing 2.0?

<p>Web 2.0 links customers to businesses through collaborative resources for effective communication (D)</p> Signup and view all the answers

What are the steps involved in data collection in Marketing 2.0?

<p>Information Gathering, Database, Pre-Processing, Processing, Classification (C)</p> Signup and view all the answers

How do businesses utilize the information collected through Web 2.0 tools?

<p>Systematically organize the data for marketing purposes (D)</p> Signup and view all the answers

What is the primary focus when information reaches the marketing manager in Marketing 2.0?

<p>Developing strategies based on consumer demographics and market trends (B)</p> Signup and view all the answers

What distinguishes Marketing 2.0 from traditional marketing?

<p>Traditional marketing does not involve collaboration between consumers and businesses (C)</p> Signup and view all the answers

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