Exam 8: Strategic Planning

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A company with a corporate mission that reflects its desire to do good has a ________ marketing philosophy.

(Multiple Choice)
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Which of the following demographic groups gets the most attention from advertisers?

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Which of the following involves establishing in the consumer's mind what a brand offers and how the brand compares to the competition?

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A strategy focuses on how to execute and implement a marketing plan.

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How do consumers typically recognize a brand?

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As described in "A Matter of Principle," what objective did 7-Up have for its campaign in 1967?

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Why is repositioning a difficult task?

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In the process of developing a marketing plan,differentiating and positioning the product relative to the competition most likely occurs when a firm is ________.

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Refer to the following passage to answer the questions below. Bob works at a major advertising agency,and his job entails understanding the meaning of the client's brand and the target audience's relationship to the brand.He must also articulate communication strategies,prepare a creative brief based on an understanding of the consumer and the brand,and finally,evaluate the effectiveness of the communication in terms of how the target reacts to it. -What should Bob include in the creative brief that he prepares for the creative department?

(Essay)
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For advertising to be truly effective,it must focus on only one effect at a time.

(True/False)
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The marketing mix strategy includes decisions about the target market,brand position,product design and performance,pricing,distribution,and marketing communication.

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Which component of a communication brief explains the target's motivations and the "major truths" about the target's relationship to the brand?

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In advertising,diversity tends to be discussed mostly in terms of representations of age,ability,and gender.

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________ are goals to be accomplished with a strategic plan.

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A brand perception is created from information,feelings,and personal experiences with a brand.

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Sales objectives may be set annually,quarterly,or even weekly.

(True/False)
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Which of the following explains consumer insights and summarizes basic strategy decisions?

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SWOT analysis is a type of ________.

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Which of the following tasks of an account planner has been described as "peering into nooks and crannies without losing sight of the big picture in order to identify a key insight that can transform a client's business"?

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Explain the purpose of a perceptual map.

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