MKT206 Solutions

MKT206 Tma Solutions

1. Companies may not adopt CRM because of________________________

—>> Internal political issues concerning ownership of systems

Wide array of relationships that organizations seek to manage.

It resolves all customer interface difficulties.

Strategic orientation.

2. Open clubs are good for building a ____________________

membership

gathering

—>> database

bridges

3. Need arousal is the same thing as ___________________

Need segmentation

Problem solving

—>> Problem identification

Need searching

4. As a discipline, customer behaviour stands at the intersection of economic psychology and___

—>> Marketing science

Management science

Aquaria science

Behavioural science

5. By functional benefits of a product is meant_____________________

Intangible outcomes

Endogenous outcomes

—>> Tangible outcomes

Exogenous outcomes

6. One of the options is not one of the objectives which a CRM strategy must consider in a company‘s operations

—>> price reduction

specific situation

its customers‘ needs

customers’ expectations

7. Pester power stands for ________________________

—>> children as influencers

producers as influencers

suppliers as influencers

as consumers influencers

8. The consumer buying process is usually depicted as consisting of _____ distinct stages

4

—>> 5

6

3

9. A CRM system is implemented for ______________

Small business only

Medium scale business

Large scale business

—>> All of the above

10. All of the options are components of customer relationship management except_________ including, customer relationship management organization, and

key customers

—>> marketing research

knowledge management

technology

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