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10/12/2015

TheAceStudent:SAINTLEOMBA565MODULE5QUIZ4

SAINTLEOMBA565MODULE5QUIZ4
SAINTLEOMBA565MODULE5QUIZ4
Question
Question1:Thepotentialdisadvantagesof________aretherisksandlackofcontrolfrom
becomingalignedwithanotherbrandintheconsumersmind.Consumerexpectationsaboutthe
levelofinvolvementandcommitmentarelikelytobehigh,sounsatisfactoryperformancecouldbe
verynegativeforthebrandsinvolved.
StudentAnswer:cobranding
primaryservicefeatures
values
perceptions
pricing
Question2.Question:Sometimescompaniesachievedifferentiationthroughthesheerrangeofits
serviceofferingsandthesuccessofits________efforts.
StudentAnswer:pricing
crossselling
advertising
salesrepresentatives
noneoftheabove
Question3.Question:Servicescannotbeseen,tasted,felt,orheardbeforetheyarebought.To
reduceuncertainty,buyerswilllookforevidenceofquality.Theywilldrawinferenceaboutquality
fromplace,people,andpricetheysee.Therefore,theserviceproviderstaskisto________.
StudentAnswer:communicatevalue
managetheevidence
gofullspeedahead
providehightouch,highprice
noneoftheabove
Question4.Question:Tomatchdemandandsupply,servicemarketerscanutilizeanumberof
strategiesonthedemandside.WhichofthefollowingisNOToneofthesestrategies?
StudentAnswer:Providecomplementaryservicestowaitingcustomers
Cultivatenonpeakdemand
Differentialpricing
Shareservices
Managedemandlevelsthroughareservationsystem
Question5.Question:Agroupofproductswithinaproductclassthatarecloselyrelatedbecause
theyperformasimilarfunction,aresoldtothesamecustomergroups,aremarketedthroughthe
sameoutletsorchannels,orfallwithingivenpricerangesisknownasa________.
StudentAnswer:producttype
productclass
needfamily
productvariant
productline
Question6.Question:Acompanycanclassifyitsproductsintofourtypesthatyielddifferentgross
margins,dependinguponsalesvolumeandpromotionalcosts.Thefourclassificationsincludeall
EXCEPT________.
StudentAnswer:coreproduct
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10/12/2015

TheAceStudent:SAINTLEOMBA565MODULE5QUIZ4

shoppinggoods
staples
specialties
convenienceitems
Question7.Question:Productssuchasinsurance,cemeteryplots,andsmokedetectorsare
examplesof________thatareproductsthattheconsumerdoesnotknowaboutordoesnot
normallythinkofbuying.a.specialtygoods
StudentAnswer:unsoughtgoods
heterogeneousshoppinggoods
homogeneousshoppinggoods
noneoftheabove
Question8.Question:Marketershavetraditionallyclassifiedproductsonthebasisofthree
characteristics:________,tangibility,anduse.
StudentAnswer:customervaluehierarchy
expected
augmented
durability
noneoftheabove
Question9.Question:Manysellersoffereithergeneralorspecificguarantees.Guaranteesreduce
thebuyers________risk.
StudentAnswer:actual
perceived
real
implied
stated
Question10.Question:________describestheserviceprogramforhelpingcustomerskeep
purchasedproductsingoodworkingorder.
StudentAnswer:Returns
Orderingease
Installation
Maintenanceandrepair
Delivery
SAINTLEOMBA565MODULE5QUIZ4

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