Mastering Industrial Marketing
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Questions and Answers

Which of the following best describes systems buying?

  • Buying a total problem solution from one seller (correct)
  • Buying a partial solution from one seller
  • Buying individual components from multiple sellers
  • Buying a solution from multiple sellers

Which of the following companies are mentioned as transitioning from specialists to one-stop shops?

  • Ford, GM, Chrysler
  • Samsung, Sony, LG
  • Hewlett-Packard, IBM, Oracle (correct)
  • Apple, Google, Microsoft

What is the key industrial marketing strategy in bidding to build large-scale industrial projects?

  • Systems management
  • Systems integration
  • Systems buying
  • Systems selling (correct)

Which company was originally launched as the Administrative Accounting Group?

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

What was the focus of Andersen Consulting when it became a separate business unit?

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

What industry sectors did General Electric serve with its electrical appliances and products?

<p>Transportation, utilities, manufacturing, and broadcasting (B)</p> Signup and view all the answers

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