Reference no: EM132304288
1. Customers usually shop at discount retailers and eat out less often during a period of:
Depression
Inflation
Devaluation
Low interest rates
2. Which method of data mining is dependent upon small files being placed on people’s computers?
Behavioral targeting
Geodemographic tools
Cookie placement
Database clusters
3. Geographic Orientation, Top Management Orientation and Competitive Situation
Need to be included in a company profile
Are a company’s strengths
Are a company’s weaknesses
Depending on their quality, could be a company’s strengths or a company’s weaknesses
4. What is accurate about the retail intentions of cross-channel collaboration and usage?
Retailers capture useful information and build valuable databases and keep the information archived.
Databases are used to determine customer shopping patterns and product preferences, and to help compile a demographic profile.
All multichannel retailers have 100 percent centralized customer data across all channels.
About 55 percent of customers are using cross-shopping.
5. The group of laws that affected Staples’ proposed affiliation with Office Depot is called:
Federal Trade Commission laws
Data privacy laws
Antitrust laws
Regulatory laws
6. The perception that customers have of a brand is called:
Branding
Product development
Brand positioning
Brand image
7. When engaged in the planning process, the specific intentions stated by a company are called:
Strategies
Goals
Objectives
Mission
8. In 2008 Blockbuster was shifting from being a DVD renter to becoming a multichannel retailer. What was Blockbuster’s goal?
To position Movie Link as a new digital dimension
To establish partnerships with digital media companies
To position Blockbuster as the only provider of media content across all platforms—store, mail, digital download
To invest sparingly in Web infrastructure