In: Operations Management
28) An organic farmer has identified three distinct groups who might be interested in his products: vegetarians, people who are concerned about chemicals in their foods, and people who consider themselves innovators and trendsetters. These three groups are examples of ________.
A) marketing mixes
B) market segments
C) value propositions
D) mass markets
E) marketing intermediaries
29) Sally purchased Brand X lotion. In comparing her perception of how the lotion made her skin feel and look to her expectations for Brand X lotion, Sally was measuring her level of ________.
A) share of customer
B) customer satisfaction
C) customer equity
D) demand
E) customer lifetime value
30) Which of the following is the most likely result of a marketing strategy that attempts to serve and satisfy all types of potential customers?
A) All customers will be delighted.
B) Customer-perceived value will increase.
C) Customer evangelists will become unpaid salespersons for the service or product.
D) Not all customers will be satisfied.
E) The company will need to follow up with a service campaign.
subject : Marketing
28) The correct answer is option B) market segments
Market segments means research which determines the way within
which the organization divides the customers on the premise of
certain characteristics.
The organic farmer has identified three distinct groups who have an
interest in his products: vegetarians, people who are concerned
about the chemicals in their foods, and other people who consider
themselves as innovators and trendsetters.
So, the three groups are examples of market segments as the farmer
has divided its customers on the premise of characteristics.
29) The correct answer is option B) customer satisfaction
Sally was measuring the amount of customer satisfaction as she was
seeing the result of the product. Sally purchased Brand X lotion
and she was comparing her perception of how the lotion made her
skin feel and appearance to her expectations for Brand X
lotion.
She was measuring how the product has meet her expectation.
30) The correct answer is option D) Not all customers will be
satisfied
The most likely results of the marketing strategy which attempts to
serve and to satisfy every type of potential customers is that not
all the shoppers are going to be satisfied.
As every customer has different need and that they have different
perception towards the product so, all the customers won't be
satisfied. They might not just like the product and they they won't
be satisfied with it.