Advertising and Promotion An Integrated Marketing Communications Perspective 10th Edition Belch Test

Page 39

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integrated marketing program. Topic: Marketing Strategy and Analysis

3.

Dominating channels of distribution is one way of creating a competitive advantage. TRUE Ways to achieve a competitive advantage include having quality products that command a premium price, providing superior customer service, having the lowest production costs and lower prices, or dominating channels of distribution. Competitive advantage can also be achieved through advertising that creates and maintains product differentiation and brand equity.

AACSB: Analytic Accessibility: Keyboard Navigation Blooms: Remember Difficulty: 1 Easy Learning Objective: 02-01 To understand the marketing process and the role of advertising and promotion in an organization's integrated marketing program. Topic: Marketing Strategy and Analysis

4.

Marketers often go after the entire market with one product, brand, or service offering to create the maximum impact. FALSE Marketers rarely go after the entire market with one product, brand, or service offering. Rather, they pursue a number of different strategies, breaking the market into segments and targeting one or more of these segments for marketing and promotional efforts.

AACSB: Analytic Accessibility: Keyboard Navigation Blooms: Understand Difficulty: 1 Easy Learning Objective: 02-01 To understand the marketing process and the role of advertising and promotion in an organization's integrated marketing program. Topic: Marketing Strategy and Analysis

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