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MGT 6311 (Digital Marketing) Midterm Questions With Complete Solutions

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MGT 6311 (Digital Marketing) Midterm Questions With Complete Solutions

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MGT 6311
Course
MGT 6311









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Institution
MGT 6311
Course
MGT 6311

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Uploaded on
August 6, 2024
Number of pages
13
Written in
2024/2025
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Exam (elaborations)
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MGT 6311 (Digital Marketing) Midterm Questions With
Complete Solutions

marketing Correct Answers The creation and satisfaction of
hh hh



demand for a product or service

digital marketing Correct Answers utilizing the internet and
hh hh



other digital channels to drive demand for products and services

strategy Correct Answers A set of ideas that outline how a
hh hh



product line or brand will achieve its objectives

tactic Correct Answers A specific action or method that
hh hh



contributes to achieving a goal

company, collaborators, competitors, customers, context
Correct Answers 5Cs
hh hh




customers Correct Answers potential buyers with wants and
hh hh



needs that the company aims to fulfill with its offerings

company Correct Answers the organization or business unit
hh hh



providing certain goods and services, often referred to as the
offering

competitors Correct Answers organizations that offer products
hh hh



and services that aim to fulfill the same wants and needs, and the
same customers as the company's offering

collaborators Correct Answers external business entities that
hh hh



work with the company to create value for customers; examples

, include Raw Materials Suppliers, Distributors, Marketing
agencies, and 3rd Party Retailers.

context Correct Answers the environment in which the
hh hh



company operates, and its associated elements such as
regulations or laws, economic conditions, cultural norms, and
technological factors

political, economic, social, technological, environmental, legal
Correct Answers PESTEL stands for
hh hh




price, product, place, promotion, people Correct Answers The
hh hh



Five P's

status quo, change, exploring, committing, justifying, selection
Correct Answers Buyer Journey:
hh hh



Loosening of the _____________________________
Committing to ____________________
______________________ possible solutions
____________________ to a solution
______________________ the decision
Making the _________________________

discovery, consideration, decision Correct Answers 3 primary
hh hh



stages of The Buyer Journey

customers, suppliers, new entrants, substitute products,
competitive rivalry Correct Answers Porter's Five Forces:
hh hh



Power of __________________
Power of __________________
Threat of ____________________

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