100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.6 TrustPilot
logo-home
Exam (elaborations)

SMPS CPSM Exam Questions and Answers 100% Pass

Rating
-
Sold
-
Pages
30
Grade
A+
Uploaded on
25-01-2025
Written in
2024/2025

SMPS CPSM Exam Questions and Answers 100% Pass Action Plan - Defines the tasks that must be accomplished to implement each strategy within the marketing plan and who will be responsible for accomplishing that task. Advertising agency - Professional services agency to handle advertising, selection is similar to AEC firm - people and technical qualifications. Aimed at the Right Audience - Advertising directed to those interested in and needing your service Alliance - A long-term relationship between two parties for services on several projects. Usually based on a unique service the seller can provide the client, linking the two where the seller becomes almost an extension of the client. (EX: Design-Build Relationship) Alternate Dispute Resolution - Alternative methods, besides litigation, to settle project dispute - mediation or arbitration. 2Katelyn Whitman, All Rights Reserved © 2025 Alternate Dispute Resolution Mediation - A procedure in which the parties submit their disputes, including details of their positions to an independent, third party mediator. The mediator then discusses the dispute with the parties, including the mediator's view of the strengths and weaknesses of each party's position. The mediator helps the parties attempt to reach a settlement of their dispute. If the dispute is not settled, the next step is arbitration or litigation, depending on the terms of the contract. Mediation is an example of non-binding dispute resolution Alternate Dispute Resolution Arbitration - In order to have a binding arbitration agreement, the parties must, in writing, agree to submit any claims or dispute to arbitration. Generally the parties agree to submit the arbitration to the AAA per the Construction Industry Arbitration Rules. D: The hearing and determining of a dispute or the settling of differences between parties by a person or persons chosen or agreed to by them. Attention Getting - Advertising must be: distinctive, repetitive, unique, words and images must work together. Audience - To whom things are aimed. Qualify and target the audience. 3Katelyn Whitman, All Rights Reserved © 2025 Benchmarking Studies - A standard by which something can be measured or judged. To measure according to specified standards in order to compare it with and improve one's product. Benchmarking - Is a comparative measure. Establishes a standard and shows progress or decline. To compare one's goods, services or processes with recognized leaders in those areas. Brand Positioning - One sentence distinguishes and differentiates Brand Equity - Good will, value and volume margins Brochure - Firm marketing tool to present salient facts about the firm at a glance. Cross selling tool explains who you are and what you do. • Three Year shelf life • Six months to plan and produce Budget Goal-Based Method - Also known as the bottom

Show more Read less
Institution
SMPS CPSM
Course
SMPS CPSM

Content preview

SMPS CPSM Exam Questions and
Answers 100% Pass


Action Plan - ✔✔Defines the tasks that must be accomplished to implement each

strategy within the marketing plan and who will be responsible for accomplishing that

task.


Advertising agency - ✔✔Professional services agency to handle advertising, selection is

similar to AEC firm - people and technical qualifications.


Aimed at the Right Audience - ✔✔Advertising directed to those interested in and

needing your service


Alliance - ✔✔A long-term relationship between two parties for services on several

projects. Usually based on a unique service the seller can provide the client, linking the

two where the seller becomes almost an extension of the client. (EX: Design-Build

Relationship)


Alternate Dispute Resolution - ✔✔Alternative methods, besides litigation, to settle

project dispute - mediation or arbitration.




Katelyn Whitman, All Rights Reserved © 2025 1

,Alternate Dispute Resolution Mediation - ✔✔A procedure in which the parties submit

their disputes, including details of their positions to an independent, third party

mediator. The mediator then discusses the dispute with the parties, including the

mediator's view of the strengths and weaknesses of each party's position. The mediator

helps the parties attempt to reach a settlement of their dispute. If the dispute is not

settled, the next step is arbitration or litigation, depending on the terms of the contract.




Mediation is an example of non-binding dispute resolution


Alternate Dispute Resolution Arbitration - ✔✔In order to have a binding arbitration

agreement, the parties must, in writing, agree to submit any claims or dispute to

arbitration. Generally the parties agree to submit the arbitration to the AAA per the

Construction Industry Arbitration Rules.




Dictionary.com:


The hearing and determining of a dispute or the settling of differences between parties

by a person or persons chosen or agreed to by them.


Attention Getting - ✔✔Advertising must be: distinctive, repetitive, unique, words and

images must work together.


Audience - ✔✔To whom things are aimed. Qualify and target the audience.


Katelyn Whitman, All Rights Reserved © 2025 2

, Benchmarking Studies - ✔✔A standard by which something can be measured or

judged. To measure according to specified standards in order to compare it with and

improve one's product.


Benchmarking - ✔✔Is a comparative measure. Establishes a standard and shows

progress or decline. To compare one's goods, services or processes with recognized

leaders in those areas.


Brand Positioning - ✔✔One sentence distinguishes and differentiates


Brand Equity - ✔✔Good will, value and volume margins


Brochure - ✔✔Firm marketing tool to present salient facts about the firm at a glance.

Cross selling tool explains who you are and what you do.




• Three Year shelf life


• Six months to plan and produce


Budget Goal-Based Method - ✔✔Also known as the bottom-up method, this method

assigns cost to each item in marketing plan. This method allows you to base your

budgeting on the year's business plan revenue goals and marketing plan

implementation tasks.




Katelyn Whitman, All Rights Reserved © 2025 3

Written for

Institution
SMPS CPSM
Course
SMPS CPSM

Document information

Uploaded on
January 25, 2025
Number of pages
30
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
KatelynWhitman West Virginia University
View profile
Follow You need to be logged in order to follow users or courses
Sold
1111
Member since
2 year
Number of followers
482
Documents
34370
Last sold
1 day ago
Golden Quill Emporium Store

Get Yourself Well-Researched Study Materials to Ace Your Online& Actual Exam Tests with Confidence. STUDY LIKE A PRO WITH A WELL FORMATTED Q&A MATERIALS.

3.6

244 reviews

5
99
4
39
3
54
2
20
1
32

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions