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Exam (elaborations)

SMPS CPSM – DOMAIN 1 MULTIPLE CHOICE QUESTIONS WITH ANSWERS

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SMPS CPSM – DOMAIN 1 MULTIPLE CHOICE QUESTIONS WITH ANSWERS

Institution
SMPS CPSM – DOMAIN 1
Course
SMPS CPSM – DOMAIN 1

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SMPS CPSM – DOMAIN 1 MULTIPLE CHOICE
QUESTIONS WITH ANSWERS



b - ANSWER Which of the following is NOT a way that research adds value?
a) Spotting trends
b) Providing an inexpensive alternative to strategic planning
c) Improving effectiveness of the sales process
d) Reducing risk by developing well-informed plans


b - ANSWER Which phase of Levitt's Four Phases of Life Expectancy will
have the most opportunities?
a) Development
b) Growth
c) Maturity
d) Decline


c - ANSWER The best research efforts:
a) Are wide scope
b) Are completed quickly (1-2 weeks) so the firm can take advantage of the
trend
c) Employ both qualitative and quantitative approaches
d) Conceal the identity of the sponsoring organization


a - ANSWER Your firm wants to determine the nature of opportunities that
exist within a given marketplace. What kind of research would you conduct?

, a) Exploratory
b) Confirmatory
c) Client Satisfaction Survey
d) Literature Review


d - ANSWER What type of ethics ensures that benefits and harms will be
distributed justly or fairly?
a) Utility
b) Rights
c) Motivation
d) Justice


b - ANSWER For which of the following situations would you NOT conduct a
SWOT analysis?
a) Competitor Analysis
b) Literature Review
c) Company Audit
d) Strategic Planning


d - ANSWER This is one sentence that describes what you are trying to find
out with your research.
a) Hypothesis
b) Research Request Agreement
c) Primary Research
d) Research Objective

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Institution
SMPS CPSM – DOMAIN 1
Course
SMPS CPSM – DOMAIN 1

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Uploaded on
January 30, 2025
Number of pages
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Written in
2024/2025
Type
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