Exam 3: Positioning services in competitive markets

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Relevance, distinctiveness and believability are all attributes which need to be considered when discussing the firm's ability to deliver on the POP.

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'Determinant attributes' are those by which customers see significant differences between competing alternatives.

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Businesses have to focus totally on their consumers-no-one else matters.

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Points of parity (POP) refer to the fact that the company brand offering is:

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Marketing strategy is built on:

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A __________ is a group of buyers who share common characteristics, needs, reasons to purchase, __________ and __________.

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A typical positioning map compares services or service providers based on perceptions of _____________.

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For a business-to-business marketer defining segments, all of the following variables are likely to be appropriate except:

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In deciding on a target market, how would you select a specific segment of the market to target?

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In developing a successful positioning strategy, developing a 'distinctive' product can allow competition with established brands.Which of the following organisations most exemplifies this concept?

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One of the principal uses of positioning in marketing management is to provide a useful diagnostic tool for defining and understanding the relationship between products/services and markets.

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According to George Day, first and foremost a business must set itself apart from its:

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A service organisation in a business-to-consumer market could use the following as segmentation variables EXCEPT:

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Which of the following statements may NOT be true?

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A market is all actual purchasers of a particular core product or service.

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In marketing terms, a ____________ strategy means providing a limited range of services for a narrow market segment.

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You have been hired as a tertiary business education marketer in Australia.What variables would you use to segment the domestic and international markets? Justify your selection.

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IKEA distinguishes itself from other home furnishings and furniture stores by offering child care and an excellent restaurant on the premises.If another furniture store offered child care plus a restaurant with an exciting new Chinese menu, the new store would have established a competitive point of parity.

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Which of the following is NOT an undesirable outcome through poor positioning of a service?

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Understanding the concept of 'positioning' is central to developing an effective competitive posture.

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