Marketing Management: Strategic Positioning and Competitive Strategies

Test your knowledge of marketing management concepts including psychographic segmentation, brand management, competitive positioning, product mix strategies, and market analysis using real-world examples from global brands.

25 Questions Published

Questions

Question 1 Multiple Choice (Single Answer)

Which of the following is defined as ''Mature, satisfied and reflective people who are motivated by ideals and values''?

  1. Innovators
  2. Thinkers
  3. Achievers
  4. Experiencers
Question 2 Multiple Choice (Single Answer)

Which of the following is defined as “Trendy, fun loving people who are resource constrained”?

  1. <span style="line-height:=">Beleivers<o:p></o:p></span>
  2. <span style="line-height:=">Strivers<o:p></o:p></span>
  3. <span style="line-height:=">Makers</span>
  4. <span style="line-height:=">Survivors<o:p></o:p></span>
Question 3 Multiple Choice (Single Answer)

Airline industry is an example of which of the following industries?

  1. High entry and exit barriers<o:p></o:p>
  2. Low entry and exit barriers<o:p></o:p>
  3. Low entry and high exit barriers<o:p></o:p>
  4. High entry and low exit barriers<o:p></o:p>
Question 4 Multiple Choice (Single Answer)

Users of a brand are divided into four groups according to their strength of commitment. Which of the following groups is defined as”Consumers who are uncommitted to the brand and can switch”?

  1. <span style="line-height:=">Convertible<o:p></o:p></span>
  2. <span style="line-height:=">Shallow<o:p></o:p></span>
  3. <span style="line-height:=">Average<o:p></o:p></span>
  4. <span style="line-height:=">Entrenched<o:p></o:p></span>
Question 5 Multiple Choice (Single Answer)

Oil industry is an example of which of the following industries?

  1. Pure oligopoly<o:p></o:p>
  2. Differentiated oligopoly<o:p></o:p>
  3. Monopoly<o:p></o:p>
  4. Monopolistic competition<o:p></o:p>
Question 6 Multiple Choice (Single Answer)

Sony exemplifies which of the marketing criteria?

  1. Anticipative marketing
  2. Responsive marketing
  3. Creative marketing
  4. None of these
Question 7 Multiple Choice (Single Answer)

Heublin's brand Smirnoff was attacked by a low priced competitor Wolfschmidt. In reply Heublein actually raised the price and put the increased revenue into advertising. Which type of defence strategy is this?

  1. Pre emptive defence
  2. Counter offensive defence
  3. Flank defence
  4. Mobile defence
Question 8 Multiple Choice (Single Answer)

''Market broadening'' and ''Market diversification'' are and example of which type of defence strategies?

  1. Counter-offensive defence<o:p></o:p>
  2. Mobile defence<o:p></o:p>
  3. Pre emptive defence<o:p></o:p>
  4. Flank defence<o:p></o:p>
Question 9 Multiple Choice (Single Answer)

Nescafe' sets an example of which type of defence strategy?

  1. Position defence<o:p></o:p>
  2. Flank defence<o:p></o:p>
  3. Pre emptive defence<o:p></o:p>
  4. Mobile defence<o:p></o:p>
Question 10 Multiple Choice (Single Answer)

''Monacco biscuits'' is an example of which of the following behavioural segmentations?

  1. Occasions
  2. Usage rate
  3. Benefits
  4. User status
Question 11 Multiple Choice (Single Answer)

Which of the following is not a requirement for effective positioning?

  1. <span style="line-height:=">Positioning message should be tailored according to the target audience<o:p></o:p></span>
  2. <span style="line-height:=">Positioning should not deliver a unique value proposition<o:p></o:p></span>
  3. <span style="line-height:=">Positioning should address customer felt needs<o:p></o:p></span>
  4. <span style="line-height:=">The product or service should be differentiated from that of a competitor<o:p></o:p></span>
Question 12 Multiple Choice (Single Answer)

The supplier's bargaining power is high in which case?

  1. When suppliers are concentrated<o:p></o:p>
  2. When suppliers cannot integrate downstream<o:p></o:p>
  3. When supplier switching cost is low<o:p></o:p>
  4. When supplied product is not an important input<o:p></o:p>
Question 13 Multiple Choice (Single Answer)

Which of the following does Mach 3, Sensor, Trac 3, Atra etc. represent?

  1. Product item
  2. Product line<o:p></o:p>
  3. Depth of a product line<o:p></o:p>
  4. Product mix<o:p></o:p>
Question 14 Multiple Choice (Single Answer)

When is product mix expansion achieved?

  1. By adding variants of existing brands to the product line or by increasing product lines and adding new brands.<o:p></o:p>
  2. By adding similar item to an existing product line with the same brand name.<o:p></o:p>
  3. By using one of the existing brands to offer a new product line <o:p></o:p>
  4. None of the above<o:p></o:p>
Question 15 Multiple Choice (Single Answer)

What is the process of modifying products so that those that have been sold become out of usage before they need replacement called?

  1. Product Modification
  2. Repositioning
  3. Planned Obsolescence
  4. None of these
Question 16 Multiple Choice (Single Answer)

When is line extension achieved?

  1. By adding variants of existing brands to the product line or by increasing product lines and adding new brands.<o:p></o:p>
  2. By adding similar item to an existing product line with the same brand name.<o:p></o:p>
  3. By using one of the existing brands to offer a new product line <o:p></o:p>
  4. None of the above<o:p></o:p>
Question 17 Multiple Choice (Single Answer)

Which of the following do personal care products and packaged food products represent?

  1. Product line<o:p></o:p>
  2. Product item<o:p></o:p>
  3. Depth of product line<o:p></o:p>
  4. Width of product mix<o:p></o:p>
Question 18 Multiple Choice (Single Answer)

What is meant by trading down?

  1. By adding variants of existing brands to the product line or by increasing product lines and adding new brands.<o:p></o:p>
  2. By adding similar item to an existing product line with the same brand name.<o:p></o:p>
  3. By using one of the existing brands to offer a new product line <o:p></o:p>
  4. By adding lower priced products to its product line<o:p></o:p>
Question 19 Multiple Choice (Single Answer)

Restaurants and beauty shops are an example of which of the following?

  1. Pure competition<o:p></o:p>
  2. Monopolistic competition<o:p></o:p>
  3. Oligopoly<o:p></o:p>
  4. Monopoly<o:p></o:p>
Question 20 Multiple Choice (Single Answer)

Which of the following defines bargaining power of Walmart as a buyer?

  1. Low switching cost<o:p></o:p>
  2. Differentiated products<o:p></o:p>
  3. Cannot integrate upstream<o:p></o:p>
  4. All of the above<o:p></o:p>
Question 21 Multiple Choice (Single Answer)

Beer and cigarette industries are an example of which of the following?

  1. Pure competition<o:p></o:p>
  2. Monopolistic competition<o:p></o:p>
  3. Oligopoly<o:p></o:p>
  4. Monopoly<o:p></o:p>
Question 22 Multiple Choice (Single Answer)

Technological leapfrogging as followed by Nintendo, Sega/Genesis and the Sony's playstation is an example of which types of attack strategy?

  1. Frontal attack<o:p></o:p>
  2. Flank attack<o:p></o:p>
  3. Encirclement attack<o:p></o:p>
  4. Bypass attack<o:p></o:p>
Question 23 Multiple Choice (Single Answer)

Which type of strategy does Baskin Robins follow?

  1. Product proliferation<o:p></o:p>
  2. Product innovation<o:p></o:p>
  3. Value priced goods and services<o:p></o:p>
  4. Prestige goods<o:p></o:p>
Question 24 Multiple Choice (Single Answer)

Which one of these duplicates the leader's product and sells it in the black market or through disreputable dealers?

  1. Counterfeiter<o:p></o:p>
  2. Cloner<o:p></o:p>
  3. Imitator<o:p></o:p>
  4. Adapter<o:p></o:p>
Question 25 Multiple Choice (Single Answer)

Which type of differentiation does “Lakme” display when it carries out stocking of skin care products in small neighborhood shops, storage of personal products in central market places and runs exclusive beauty saloons?

  1. <span style="line-height:=">Price differentiation<o:p></o:p></span>
  2. <span style="line-height:=">Promotional differentiation<o:p></o:p></span>
  3. <span style="line-height:=">Product differentiation<o:p></o:p></span>
  4. <span style="line-height:=">Distribution differentiation<o:p></o:p></span>