Quiz 1
Quiz 1
Quiz 1
2
Submitted Jan 27 at 9:59am
This attempt took 12 minutes.
Question 1
2.1 / 2.1 pts
The two industries in Markstrat include Sonites and :
Modites
Correct!
Vodites
Codites
Bodites
Question 2
2.1 / 2.1 pts
The two markets in Markstrat are:
Complementary
Correct!
Independent
Substitutable
Question 3
2.1 / 2.1 pts
The maximum number of Sonite brands a firm can market at any given time
is:
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3
Correct!
Question 4
2.1 / 2.1 pts
The battery life characteristic for the Sonite brands is between:
Correct!
24 - 96 hours
10 - 200 hours
0 - 50 hours
12 - 25 hours
Question 5
0 / 2.1 pts
Base cost is a characteristic for a Vodite brand:
Unknown
You Answered
False
Correct Answer
True
Question 6
2.1 / 2.1 pts
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The product MOST is manufactured by firm:
Correct!
Question 7
2.1 / 2.1 pts
How many customer segments are in the Sonite market?
Unknown
Correct!
Question 8
2.1 / 2.1 pts
There are four distribution channels available: Specialty Stores, Mass
Merchandisers, Online Stores, and Direct Sales Force.
Correct!
False
True
Unknown
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Question 9
2.1 / 2.1 pts
Your overall objective in Markstrat is to maximize:
R&D Investments
Correct!
Net Contribution
Question 10
2.1 / 2.1 pts
Market Research Reports are free.
Correct!
False
Unknown
True
Question 11
0 / 2.1 pts
If you have no units in inventory, you ask your production department to
produce 100,000 units and the demand is 140,000 units, you will be able to
sell:
Correct Answer
120,000 units
Unknown
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You Answered
140,000 units
100,000 units
Question 12
2.1 / 2.1 pts
Your marketing budget is used each period to invest in:
Sales Force
Advertising
Market Research
Correct!
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