CORRECT ANSWER WITH EXPLANATION GRADED A+
STUDY GUIDE SOUTHERN NEW HAMPSHIRE UNIVERSITY
1. Strategic marketing is:
A. Long-term planning of marketing activities
B. Manufacturing process
C. HR recruitment
D. Accounting system
Answer: A
Rationale: It focuses on long-term marketing direction.
2. The main goal of strategic marketing is to:
A. Achieve competitive advantage
B. Reduce customers
C. Stop marketing
D. Replace HR
Answer: A
Rationale: Gain market superiority.
3. Market strategy refers to:
A. Plan to reach target customers
B. Manufacturing process
C. HR policy
D. Accounting system
Answer: A
Rationale: Customer-focused planning.
4. SWOT analysis stands for:
A. Strengths, Weaknesses, Opportunities, Threats
B. Sales, Work, Output, Target
C. Strategy, Work, Operations, Tools
D. Strength, Win, Offer, Trade
Answer: A
Rationale: Strategic analysis tool.
5. Competitive advantage means:
A. Being better than competitors
, B. Equal performance
C. Losing market share
D. HR advantage
Answer: A
Rationale: Market superiority.
6. Market segmentation is:
A. Dividing market into groups
B. Manufacturing process
C. HR division
D. Accounting method
Answer: A
Rationale: Customer grouping.
7. Target marketing is:
A. Focusing on specific customer groups
B. Marketing to everyone equally
C. Manufacturing strategy
D. HR strategy
Answer: A
Rationale: Focused marketing.
8. Positioning refers to:
A. How a brand is perceived
B. Manufacturing process
C. HR policy
D. Accounting method
Answer: A
Rationale: Market image.
9. Marketing mix (4Ps) includes:
A. Product, Price, Place, Promotion
B. People, Profit, Policy, Plan
C. Product, Process, Profit, Plan
D. Price, Power, Promotion, Product
Answer: A
Rationale: Core marketing elements.
10. Strategic planning is:
A. Long-term decision-making process
, B. Short-term selling
C. Manufacturing only
D. HR only
Answer: A
Rationale: Future planning.
11. Market research is used to:
A. Understand customer needs
B. Manufacture goods
C. Hire staff
D. Do accounting
Answer: A
Rationale: Customer insight.
12. Brand positioning strategy defines:
A. Market image of brand
B. Manufacturing process
C. HR policy
D. Accounting system
Answer: A
Rationale: Brand perception.
13. Market penetration means:
A. Increasing market share
B. Reducing customers
C. Manufacturing products
D. HR hiring
Answer: A
Rationale: Growth strategy.
14. Market development involves:
A. Entering new markets
B. Reducing products
C. HR reduction
D. Accounting control
Answer: A
Rationale: Expansion strategy.
15. Product development means:
A. Creating new products