Strategic vs Tactical Marketing Quiz
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Questions and Answers

What is the full form of SWOT analysis?

  • Strengths, Weaknesses, Opportunities, and Threats (correct)
  • Strengths, Workloads, Outcomes, and Targets
  • Strategies, Weaknesses, Opportunities, and Threats
  • Strengths, Weaknesses, Objectives, and Tactics
  • What are the '6Cs' in marketing analysis?

  • Concept, Consumers, Costing, Channels, Complementary products, and Competitors
  • Capabilities, Customers, Competition, Channels, Complementors, and Collaborators
  • Company, Customers, Competition, Channels, Complementors, and Communities (correct)
  • Company, Customers, Competition, Costs, Compliance, and Constraints
  • What is the primary purpose of marketing research?

  • To determine the company's strengths and weaknesses
  • To identify the company's opportunities and threats
  • To collect data to determine if a product/service will satisfy customer needs (correct)
  • To develop the company's marketing strategy and tactics
  • Which of the following is not one of the steps in the consumer buying decision process?

    <p>Pricing Decision</p> Signup and view all the answers

    Which of the following is not one of the characteristics that can influence buyer behavior in consumer markets?

    <p>Organizational characteristics</p> Signup and view all the answers

    What is the main difference between a consumer market and a business market?

    <p>In a consumer market, buyers are individuals and households, while in a business market, buyers are other organizations or businesses.</p> Signup and view all the answers

    What is the key focus of Strategic Marketing?

    <p>Understanding the big picture and attaining the company's objective</p> Signup and view all the answers

    Which element is NOT a part of the Marketing Implementation phase?

    <p>Promoting and selling to the customer</p> Signup and view all the answers

    What does the Macro-Environment in Marketing refer to?

    <p>Trends related to Political, Economic, Social, Technological, Legal, and Environmental factors</p> Signup and view all the answers

    Which element is NOT part of the Marketing Analysis phase?

    <p>Identifying Threat of New Entrants</p> Signup and view all the answers

    What is the purpose of Marketing Control?

    <p>To document goals</p> Signup and view all the answers

    Which factor is NOT considered in Industry Analysis as part of the Macro-Environment?

    <p>Technological advancements</p> Signup and view all the answers

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