Which marketing mix strategy is most suitable for convenience products?

TSA Review STANDARD 4.0 ANALYZE THE ELEMENTS OF THE MARKETING MI

Quiz
•
Business
•
11th Grade
•
Medium
William Conroy
Used 1+ times
FREE Resource
64 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Price skimming
Intensive distribution
Selective distribution
Product differentiation
Answer explanation
Intensive distribution is the most suitable marketing mix strategy for convenience products as it focuses on making the product available in as many outlets as possible for easy access by consumers.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which marketing mix strategy is most suitable for shopping products?
Price skimming
Intensive distribution
Selective distribution
Product differentiation
Answer explanation
Product differentiation is the most suitable marketing mix strategy for shopping products as it focuses on distinguishing the product from competitors to attract customers.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of buying decision involves a high level of involvement and extensive research?
Limited buying decision
Impulsive buying decision
Extensive buying decision
Routine buying decision
Answer explanation
The extensive buying decision involves a high level of involvement and extensive research, making it the correct choice.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of buying decision involves a moderate level of involvement and some research?
Limited buying decision
Impulsive buying decision
Extensive buying decision
Routine buying decision
Answer explanation
Limited buying decision involves a moderate level of involvement and some research, making it the correct choice in this scenario.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of buying decision involves low involvement and minimal research?
Limited buying decision
Impulsive buying decision
Extensive buying decision
Routine buying decision
Answer explanation
The correct choice is routine buying decision because it involves low involvement and minimal research compared to other types of buying decisions.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of buying decision is characterized by spontaneous and unplanned purchases?
Limited buying decision
Impulsive buying decision
Extensive buying decision
Routine buying decision
Answer explanation
Impulsive buying decisions are characterized by spontaneous and unplanned purchases, making it the correct choice in this scenario.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of buying decision is most likely to involve high-priced and infrequently purchased products?
Limited buying decision
Impulsive buying decision
Extensive buying decision
Routine buying decision
Answer explanation
High-priced and infrequently purchased products typically require extensive buying decisions due to the significant investment and research involved.
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