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QUESTION 12 IKEA uses which of the following pricing strategies? Break Even Pricing Odd Even Pricing Markup Pricing Dynamic Pricing Variable Pricing QUESTION 13 If

QUESTION 12

  1. IKEA uses which of the following pricing strategies?

    Break Even Pricing

    Odd Even Pricing

    Markup Pricing

    Dynamic Pricing

    Variable Pricing

QUESTION 13

  1. If IKEA wants to understand what consumers like (or dont like) about a few specific items on their product line, what type of research would be the least appropriate?

    Secondary research

    Quantitative research

    Mixed methods research

    Primary research

    Qualitative research

QUESTION 14

  1. When operating in international markets, IKEA is known to offer different furniture options (compared to what they offer in Sweden) but to retain its typical communication strategy when promoting their products. This is known as:

    Straight Extension

    Market Penetration

    Product Adaptation

    New Product Development

QUESTION 15

  1. IKEA tries to create products that are well-designed and functional. What type of segmentation does this relate to?

    Psychographic and Demographic

    Behavioural

    Behavioural and Psychographic

    Psychographic

    Demographic

QUESTION 16

  1. Which of the following would be part of the core product for an IKEA couch that seats three people?

    Relaxation

    The soft material that the couch cushions are made of

    The length of the couch

    The shipping costs

QUESTION 17

  1. IKEA showroom layouts are designed as one long path through mock rooms. This impacts consumer behaviour as a:

    Cultural factor

    Personal factor

    Social factor

    Situational factor

    All of the Above

QUESTION 18

  1. What type of a channel structure does IKEA use?

    Corporate Vertical

    Horizontal

    Administered Vertical

    Contractual Vertical

    Diagonal

QUESTION 19

  1. The IKEA brand is:

    A National Brand

    A Private Brand

    A National, High Status Brand

    A High Status Brand

    A Private, High Status Brand

QUESTION 20

  1. The Sell Back program is an example of which of the following logistics functions?

    Reverse logistics

    Materials handling

    Third party logistics

    Inventory control

    Order processing

QUESTION 21

  1. IKEA sells beds, drawers, kitchen tables, chairs, and bookshelves, and that much of IKEAs furniture offerings come in white, black, and unfinished wood. These represent which aspects of the IKEA product mix, respectively?

    Depth and Width

    Width and Depth

    Length and Width

    Depth and Length

    Width and Length

    Length and Depth

QUESTION 22

  1. IKEA engages in social marketing

    True

    False

QUESTION 23

  1. The IKEA video in which they provide information on their sell back program is which type of message?

    Planned Message

    Product Message

    Disconnected Message

    Service Message

    Unplanned Message

QUESTION 24

  1. IKEA developed a reputation for developing disposable products that would break easily and therefore need to be replaced. What criticism of marketing does this most closely relate to?

    Providing poor service to disadvantages consumers

    Deception

    High pressure selling

    Cultural pollution

    Planned obsolescence

QUESTION 25

  1. Which of the following functions does the flat-pack packaing of IKEA furniture products serve?

    Communicating information about the product

    Containing the product

    Protecting the product

    All of the Above

    ONLY containing the product and protecting the product

QUESTION 27

  1. The majority of IKEAs carbon emission come from:

    Upstream channel members

    Transportation

    Consumers

    Midstream channel members

    Downstream channel members

QUESTION 28

  1. The primary objective of this IKEA Sell Back program ad is which of the following? (Note, this question refers to the linked ad itself, not any pre-roll ads that come up before it).

    To compete

    To persuade

    To inform

    To remind

QUESTION 29

  1. The IKEA approach suggests that increased product quality should be avoided when it does not create customer value and instead just raises prices. Which does this illustrate?

    Societal marketing

    Innovative marketing

    Customer value marketing

    Customer oriented marketing

    All of the Above

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