{"id":228806,"date":"2018-09-17T11:04:18","date_gmt":"2018-09-17T11:04:18","guid":{"rendered":"http:\/\/localhost\/wordpress\/index.php\/2018\/09\/17\/mkt-100-week-3-quiz-2-1\/"},"modified":"2018-10-24T09:00:30","modified_gmt":"2018-10-24T09:00:30","slug":"mkt-100-week-3-quiz-2-1","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/mkt-100-week-3-quiz-2-1\/","title":{"rendered":"MKT 100 Week 3 Quiz 2 (1)"},"content":{"rendered":"<p>&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 1\t\u00a0\tWhen the right combination of circumstances occurs at the right time to allow an organization to take action toward a target market, the firm is faced with a\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 2\t\u00a0\tA ____ is something that an organization does extremely well and may give a company an advantage over its competition.\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 3\t\u00a0\tCustomer relationship management is facilitated by gathering useful data from\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 4\t\u00a0\tThe reputation and well-known brand name of Rolex watches represents a ____ for Rolex.\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 5\tAn organization&#8217;s business goals should be derived from its\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 6\t\u00a0\tIn essence, all organizations have two types of strategy: ____ is the strategy that the organization decides on during the planning phase, and ____ is the strategy that actually takes place.\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 7\t\u00a0\tA firm&#8217;s unique symbols, personalities, and philosophies comprise its\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 8\t\u00a0\t____ strategy determines the means for utilizing resources in the functional areas of marketing, production, finance, research and development, and human resources to achieve the organization&#8217;s goals.\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 9\t\u00a0\tAccording to the text, a market is defined as\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 10\t\u00a0\tFor marketing implementation to be successful, the needs of ____ customers must be met.\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 11\t\u00a0\tEmployees, customers, communities, and investors are all considered ____ in relation to marketing.\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 12\t\u00a0\tThe accumulation of past income, natural resources, and financial resources is known as\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 13\t\u00a0\tSometimes business must find a balance between society&#8217;s demand for social responsibility and investors&#8217; desires for profits. This is an example of a(n) ____ responsibility.\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 14\t\u00a0\tMarketing ethics\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 15\t\u00a0\tConsumers begin to become more price and value conscious during periods of\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 16\t\u00a0\tTo monitor changes in the marketing environment effectively, marketers must engage in\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 17\tWhich of the following agencies regulates marketing activities the most?\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 18\t\u00a0\tAt the top of the pyramid of social responsibility for business are ____ responsibilities.\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 19\t\u00a0\tThe best approach for a company to take when monitoring its competitors is\t\u00a0\t\u00a0\t&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 20\t\u00a0\tConsumerism is a<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question 1 \u00a0 When the right combination of circumstances occurs at the right time to allow an organization to take action toward a target market, the firm is faced with a \u00a0 \u00a0 &#8220;\ufffd \ufffd \ufffd\u00a0\u00a0 Question <a href=\"https:\/\/www.benedictsol.com\/blogs\/mkt-100-week-3-quiz-2-1\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-228806","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/228806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=228806"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/228806\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=228806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=228806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=228806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}