Exam 3: Positioning Services in Competitive Markets

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What are the characteristics of an unfocused service category?

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Serving broad markets and providing a wide range of services.

Which of the following is NOT one of the four basic focus strategies?

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United Church Homes & Services offers housing to retirees. This is an example of a market focused strategy.

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Give an example of a key service attribute used in transportation services.

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The same individuals may set different priorities for attributes according to all EXCEPT which of the following?

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Which of the following is NOT one of the four principles of positioning according to Jack Trout?

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How did Rentokil Initial grow from a manufacturer of rat poison, to the world's large business support services company?

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No service attribute can be easily quantified because of the intangibility of services.

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Competitive analysis addresses all of the following factors EXCEPT ____________.

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Bright Horizons used low-cost strategies to achieve their competitive advantage.

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Brand positioning can do all of the following except ____________.

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A service-focused firm offers a narrow range of services to a fairly broad market.

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Market niches that seem too narrow to offer sufficient sales in one country are indicative of globally narrow market niches.

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Give an example of an industry that utilizes service tiering.

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Yotel and Qbic are capsule hotel chains.

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Bright Horizons strategy included which of the following?

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Why is it possible to segment customers according to price levels?

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What were the main benefits of capsule hotels when they first started up?

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Give an example of a service firm that used the blue ocean strategy to make competition irrelevant.

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Explain what a fully-focused and a market-focused strategy are and discuss the opportunities and risks inherent in selecting each strategy.

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