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MARKETING 311 MIDTERM UO QUESTIONS WITH CORRECT ANSWERS

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MARKETING 311 MIDTERM UO QUESTIONS WITH CORRECT ANSWERS

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The process of dividing a market into distinct groups of buyers who have different
needs, characteristics or behaviors and who might require separate marketing
strategies or mixes is:


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Segmentation




In the context of the buyer's decision process, a consumer asks a friend for their
opinion about a product they are thinking of buying. The friend is an example of:


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A personal source

, A consumer sees an advertisement for a new product that they have never heard of
before. In the stages of the adoption process, this is an example of:


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Awareness




The relative market share of each SBU and the changes in industry size for each SBU
are best used to construct the company's...


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BCG Growth Share Matrix




Qualtrics is primarily...


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A tool for designing and collecting consumer data




Consider the following question from a consumer survey:
- "How much do you like our product?" anchored at 1 = a little bit, 2 = somewhat, 3 =
quite a bit
What is the main problem with this question?


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August 7, 2026
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