12) When looking for opportunities, organizations ask key questions such as: ________
A) Are there customers that the competition is ignoring or not serving?
B) Which markets are heavily saturated and have intense competition?
C) Are the benefits of our goods (or services) being clearly articulated to the various customer
market segments?
D) Would there be opportunities to build relationships with customers using a slightly different
marketing approach?
E) All of the above
Learning Obj.: LO 2
AACSB: Analytical thinking
13) Common communications objectives include ________.
A) Develop brand awareness and image
B) Provide information
C) Change customer beliefs or attitudes
D) All of the above
E) None of the above
Learning Obj.: LO 3
AACSB: Analytical thinking
14) It is important to remember that the advertising should be part of an integrated approach and
is the ________ component of that approach.
A) Paid
B) Free
C) Most important
D) Critical
E) Least expensive
Learning Obj.: LO 3
AACSB: Analytical thinking
15) Which of the following is not a drawback to the percentage-of-sales method of promotional
budgeting?
A) Less is spent when sales are low.
B) More is spent when sales are high.
C) There is no accounting for competitive spending.
D) It does not consider your overall strategy.
E) It is affordable based on income.
Learning Obj.: LO 2
AACSB: Analytical thinking
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