Exam 3: Developing a Marketing Plan

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The key in developing a questionnaire is to develop the research objectives first, decide on the questions that will provide answers to the information being sought, and select an appropriate research methodology.

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Restaurants seeking psychographic segmentation should offer a variety of:

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The purpose of market segmentation is to ____________.

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divide a heterogeneous market into smaller homogeneous segments.

Quadrant 4 of the perceptual map contains factors such as:

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Four of the six steps involved in developing a marketing plan include ____________,____________,____________ , and ____________.

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What three items does Robert Reid's definition of marketing include?

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A __________consist of six to ten former or existing customers, led by a discussion leader, who express their feelings about various aspects of the operation.

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Define marketing, and list and explain the major concepts involved.

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The best way to gather information about what motivates customers is through:

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At the ______________ stage, the objective is to expose people to the operation.

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Steps to develop a marketing plan include:

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A marketing audit includes an analysis of customers, the competition, and the local area.

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A common way of developing a budget is to base it on:

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____________is mostly concern with whether or not the message is being placed where it will be seen, heard, and/or read by the target market

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When determining market objective one should consider _____________, _____________, and the____________ .

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An analysis of the customer answers questions like ____________,____________ , or____________.

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Which stage of the buying process seeks to have customers do something?

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____________involves dividing the market on the basis of such things as age, income, gender, family size, stage in the family life cycle, education level, occupation, ethnicity, religion, nationality, and social class.

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List and explain the six steps in the development of a marketing plan.

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What is the purpose of a competitive analysis?

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