Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are a marketing intern with a major retailer. Your employer has asked you to look at the demographic characteristics of the people in a

You are a marketing intern with a major retailer. Your employer has asked you to look at the demographic characteristics of the people in a given city using free U.S. Census data accessible on census.gov. The purpose of the research is to determine the attractiveness of the city for a potential new store location. You will be using what type of data in this task?
Question 4 options:
1)
secondary data
2)
observational data
3)
data analytics
4)
tertiary data
5)
primary data
Question 5(1.5 points)
General Motors recently announced they were no longer going to produce any sedans. Instead they are going to concentrate on crossovers, SUV's and pickup trucks. For GM, sedans likely represent a:
Question 5 options:
1)
product line
2)
line extension
3)
brand extension
4)
marketing mix
5)
product mix
Question 6(1.5 points)
Which of the following activities describes the new product development process known as concept testing?
Question 6 options:
1)
assessing the fit of the product with the company's mission, generally done during the business analysis stage
2)
brainstorming product ideas
3)
building a prototype of the new product
4)
test marketing
5)
assessing potential customers' reactions to the product idea prior to its production

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations Management Creating Value Along The Supply Chain

Authors: Roberta S. Russell, Bernard W. Taylor, Tiffany Bayley, Ignacio Castillo

2nd Canadian Edition

1119588723, 9781119588726

More Books

Students also viewed these General Management questions