In this blog you will find the correct answer of the Coursera quiz Introduction to Marketing Coursera week 1 Quiz mixsaver always try to brings best blogs and best coupon codes
 

1. Here is an example of a positioning statement for Volvo: “For upscale American families, Volvo is the family automobile that offers maximum safety.” In this example, what serves as the frame of reference for the positioning statement?

 

  • Unsafe cars
  • The claim of maximum safety
  • Other family automobiles
  • Upscale American families
  • Volvos

2. Which of the following is NOT an element of the marketing mix?

 

  • Price
  • Population
  • Product
  • Promotion
  • Place

3. As the US has become more health conscious, we have seen many fast food chains like McDonalds and Burger King introduce healthier offerings like grilled chicken and salad options. This is an example of what course concept?

 

  • Category Points of Parity
  • Competitive Points of Parity
  • Category Points of Difference
  • Competitive Points of Difference

4. When Steve Jobs updated his company name from Apple Computer to Apple in 2007, which part of the brand positioning was he changing?

 

  • Point of difference
  • Frame of reference
  • Target segment

5. Which of the following is NOT TRUE about the Generation Y cohort?

 

  • They are independent and don’t depend on social networking to connect with other members of their cohort.
  • They account for 30% of the population.
  • They were born between 1977 and and 1997.
  • They appreciate free content, access to wireless internet, and customization.

6. PRIZM is a segmentation scheme that defines the country based on what type of clusters?

 

  • Occupational
  • Cohort
  • Geographic
  • Demographic

7. In a buyer’s market, the buyer has the power and the market is ______-focused.

 

  • Customer
  • Product

8. According to the lectures, what should a company’s long-term marketing strategy be?

 

  • To be the best at one dimension and good enough at the other two dimensions (operational excellence, performance superiority, and customer intimacy).
  • To be ABOVE “fair value” on each dimension (operational excellence, performance superiority, and customer intimacy).
  • To be AT fair value (operational excellence, performance superiority, and customer intimacy).

9. In the STP framework, what does “STP” stand for?

 

  • Segmentation; targeting; pricing
  • Sizing; targeting; pricing
  • Segmentation; targeting; positioning
  • Sizing; tabulating; positioning

10. What is marketing?

 

  • The study of buyers and sellers
  • The study of selling products
  • The study of brand positioning
  • The study of a market, which is an exchange between two partners

 

 

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