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C201 BUSINESS ACUMEN WGU /ACTUAL QUESTIONS AND 100% COMPLETE SOLUTION/A+GRADE GUARANTEED

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C201 BUSINESS ACUMEN WGU /ACTUAL QUESTIONS AND 100% COMPLETE SOLUTION/A+GRADE GUARANTEED

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C201 BUSINESS ACUMEN WGU /ACTUAL QUESTIONS AND 100% COMPLETE
SOLUTION/A+GRADE GUARANTEED


What three factors should be addressed in a successful marketing plan? -
ANSWER👀 Target market;Sales revenue goals; Plan implementation timeline


Which three characteristics are measured in demographic segmentation? -
ANSWER👀 Race and ethnicity;Income;Household size


In which three ways does business-buying behavior differ from consumer-
buying behavior? - ANSWER👀 A group or committee often makes decisions.;
Purchasers often invite selected providers to bid on a purchase.;
Buyers face organizational influences that affect their own preferences.


After years of marketing a body lotion, a cosmetics company begins promoting
the lotion as an insect repellent as well.


In which three product life cycle extension strategies did this company engage -
ANSWER👀 Adding new users
Increasing frequency of use
Finding new uses for the product


Which three factors suggest a product should be marketed as a specialty
product? - ANSWER👀 Priced high
Purchased infrequently
Available from a small number of retail outlets

, With which two types of products does a marketing strategy rely on advertising
more than personal selling? - ANSWER👀 Accessories to primary products
Consumable supplies


What are three qualities of strong brand equity? - ANSWER👀 Awareness
Loyalty
Favorable images


A customer intends to purchase her favorite cereal. It is out of stock, so she
purchases an alternative brand of cereal instead.


Which stage of brand loyalty is this customer in? - ANSWER👀 Brand preference


Which manufacturer distribution model is enhanced by the shipping and
tracking capabilities of a global package delivery service? - ANSWER👀 Direct


Which three tasks are key responsibilities of operations managers? -
ANSWER👀 Planning the overall production process
Determining the best layout for the firm's facilities
Implementing the production plan


Which two characteristics does a Just-In-Time (JIT) System have? - ANSWER👀
Production using JIT reduces a firm's inventory costs.
A JIT system seeks to eliminate anything that does not add value in operations
activities.

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