Questions from General Marketing


Q: Describe the important factors that marketers should analyze to evaluate market segments

Describe the important factors that marketers should analyze to evaluate market segments.

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Q: Why is a marketer concerned about sales potential when trying to select

Why is a marketer concerned about sales potential when trying to select a target market?

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Q: Why is selecting appropriate target markets important to an organization that wants

Why is selecting appropriate target markets important to an organization that wants to adopt the marketing concept philosophy?

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Q: What is a sales forecast? Why is it important?

What is a sales forecast? Why is it important?

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Q: What are the two primary types of surveys a company might use

What are the two primary types of surveys a company might use to forecast sales? Why would a company use an outside expert forecasting survey?

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Q: Under what conditions are market tests useful for sales forecasting? What

Under what conditions are market tests useful for sales forecasting? What are the advantages and disadvantages of market tests?

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Q: Under what conditions might a firm use multiple forecasting methods?

Under what conditions might a firm use multiple forecasting methods?

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Q: Why is marketing important in our society? Why should you study

Why is marketing important in our society? Why should you study marketing?

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Q: What dimensions are used to segment business markets?

What dimensions are used to segment business markets?

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Q: Is Home Depot using differentiated targeting, undifferentiated targeting, or concentrated

Is Home Depot using differentiated targeting, undifferentiated targeting, or concentrated targeting? How do you know?

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