WGU C201 Study Set Latest 2023 Already Graded A+ Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - Correct Answer Evaluating results What is the result of a company increasing the delegation of authority and the span of control? - Correct Answer Increased decision-making authority given to employees Which two key elements does an effective organization include? - Correct Answer Human interaction Structure Why does a line organizational structure function most effectively in a crisis situation? - Correct Answer It establishes a direct flow of authority.A company might divide itself into smaller groups that best match the types of customers it serves. What is this is an example of? - Correct Answer Organization Which primary driver does management use for an organization's structure? - Correct Answer Achievement of company goals Which step in the organizing process results in management grouping work activities into units within the organization? - Correct Answer Departmentalization A high-tech startup company is launching a marketing campaign for its new social media portal by highlighting how the portal exceeds the connectivity and collaboration capabilities of all other social media sites.Which type of competitive advantage is this company leveraging? - Correct Answer Product Which marketing strategy is devoted to maintaining continuous bottom line prices rather than relying on short-term price-cutting tactics such as cents-off coupons, rebates, and special sales? - Correct Answer Everyday low pricing When would a pull promotional strategy enhance a competitive advantage to market a product better than a push strategy? - Correct Answer When demand for the product is driven by the end user.Which marketing tool is often used to build effective relationship marketing campaigns?
- Correct Answer Affinity programs
Which element of the promotional mix has the advantage of messaging that can be tailored for each customer, but the disadvantage of a high cost per contact? - Correct Answer Personal selling 1 / 2
What three factors should be addressed in a successful marketing plan? - Correct Answer Target market Sales revenue goals Plan implementation timeline Which three characteristics are measured in demographic segmentation? - Correct Answer Race and ethnicity Income Household size In which three ways does business-buying behavior differ from consumer-buying behavior? - Correct Answer A group or committee often makes decisions Buyers face organizational influences that affect their own preferences Purchasers often invite selected providers to bid on a purchase With which two types of products does a marketing strategy rely on advertising more than personal selling? - Correct Answer Accessories to primary products Consumable supplies After years of marketing a body lotion, a cosmetics company begins promoting the lotion as an insect repellent as well.In which three product life cycle extension strategies did this company engage? - Correct Answer Adding new users Increasing frequency of use Finding new uses for the product What are three qualities of strong brand equity? - Correct Answer Awareness Loyalty Favorable images A customer intends to purchase her favorite cereal. It is out of stock, so she purchases an alternative brand of cereal instead.Which stage of brand loyalty is this customer in? - Correct Answer Brand equity Which manufacturer distribution model is enhanced by the shipping and tracking capabilities of a global package delivery service? - Correct Answer Direct Which three tasks are key responsibilities of operations managers? - Correct Answer Planning the overall production process Determining the best layout for the firm's facilities Implementing the production plan Which two characteristics does a Just-In-Time (JIT) System have? - Correct Answer Production using JIT reduces a firm's inventory costs.
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