Product Management and Marketing Quiz

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Questions and Answers

What are the 4Ps of the marketing mix?

  • Product, Profit, Positioning, Packaging
  • Product, Price, Place, Promotion (correct)
  • Price, Production, Public relations, Place
  • People, Process, Physical evidence, Promotion

In the customer value chain, what are the positive consequences for the customer referred to as?

  • Results
  • Cost reduction
  • Performances
  • Benefits (correct)

What is the first step when the customer looks for a solution, according to the customer value chain?

  • Looks for products with different characteristics
  • Analyzes cost reduction benefits
  • Sees products in the market with certain performances
  • Starts with an ideal value to get (correct)

What are the 4 As of new product launch?

<p>Awareness, Availability, Affordability, Action (B)</p> Signup and view all the answers

What is the TATA Nano case likely to be about based on the provided text?

<p>Product management challenges in the automotive industry (B)</p> Signup and view all the answers

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