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Exam (elaborations)

BCOR 350 questions and COMPLETE answers

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BCOR 350 Generally, a market that has more than five competitors is considered to be highly competitive. Based on the marketing plan, would you consider the outdoor retail industry to be highly competitive ANSWER: Yes Outbound's promotional strategy can be characterized as: ANSWER: creating differentiation OutBound distributes their products to: ANSWER: Regional and local specialty shops Outbound's pricing is characterized as: ANSWER: competition pricing Base on the marketing plan, how is the target market described? ANSWER: demographically OutBound's reliance on a single manufacturer is considered a: ANSWER: weakness Which statement below best describes OutBound's Corporate Mission? ANSWER: OutBound's mission is centered on expansion as well as conservation and community enhancement programs Which of the following is NOT considered a competitive to OutBound? ANSWER: All of the above are not competitors to OutBound

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