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Exam (elaborations)

C201 EXAM RATED A+| 58 QUESTIONS AND VERIFIED ANSWERS

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C201 EXAM RATED A+| 58 QUESTIONS AND VERIFIED ANSWERS

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C201 EXAM RATED A+| 58 QUESTIONS AND
VERIFIED ANSWERS
Which part of the organizing process aids in effective and efficient progress toward planned
goals and often results in changes within the organization? - ANS Evaluating results


What is the result of a company increasing the delegation of authority and the span of
control? - ANS Increased decision-making authority given to employees


Which two key elements does an effective organization include? - ANS Human interaction


Structure


Why does a line organizational structure function most effectively in a crisis situation? - ANS
It establishes a direct flow of authority.


A company might divide itself into smaller groups that best match the types of customers it
serves. What is this is an example of? - ANS Departmentalization


Which primary driver does management use for an organization's structure? - ANS
Company business processes


Which step in the organizing process results in management grouping work activities into
units within the organization? - ANS Departmentalization


A high-tech startup company is launching a marketing campaign for its new social media
portal by highlighting how the portal exceeds the connectivity and collaboration capabilities
of all other social media sites.

, Which type of competitive advantage is this company leveraging? - ANS Product


Which marketing strategy is devoted to maintaining continuous bottom line prices rather
than relying on short-term price-cutting tactics such as cents-off coupons, rebates, and
special sales? - ANS Everyday low pricing


When would a pull promotional strategy enhance a competitive advantage to market a
product better than a push strategy? - ANS When demand for the product is driven by the
end user.


Which marketing tool is often used to build effective relationship marketing campaigns? -
ANS Affinity programs


Which element of the promotional mix has the advantage of messaging that can be tailored
for each customer, but the disadvantage of a high cost per contact? - ANS Personal selling


What three factors should be addressed in a successful marketing plan? - ANS Target
market


Sales revenue goals


Plan implementation timeline


Which three characteristics are measured in demographic segmentation? - ANS Race and
ethnicity


Income


Household size

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