BUSN 100 Week 2 Quiz | Assignment Help | american-public-university-system

BUSN 100 Week 2 Quiz | Assignment Help | american-public-university-system

Quiz Submissions - Week Two Quiz

 

 

 

1. Models are_____

Question options:

Representations of things in the real world

 

o   Are things we are not familiar with

o   Business construction projects

o   Hired to represent an organization

 

 

Question 2                

The value proposition is_____

Question options:

 

o   Consumer perception of something superior to the competition

o   Negotiated during the sales process

o   Not a reliable resource

o   Used to price a product

 

Question 3                

Which of the following is not a target audience

Question options:

 

o   College students

o   Generation X

o   Anyone who likes ice cream

o   Senior citizens

 

 

Question 4    

The strategy is the design of a business model

Question options:

 

o   True

o   False

 

 

Question 5                

A model must have the following pre-requisites in order to implement and test it

Question options:

 

o   A company owner, leader, human resources, training

o   A company owner, sound budget, leader, human resources, training

o   A company owner, sound budget, suppliers, human resources, training

o   A company owner, sound budget, leader, human resources, customers

 

 

Question 6                

The marketing model is based on the premise that consumers buy products more than solutions

Question options:

 

o   True

o   False

 

Question 7                

The Value Chain Model addresses how value is created for the business

Question options:

 

o   True

o   False

 

 

Question 8                

The Marketing Mix is comprise of

Question options:

 

o   Product, price, promotion and placement

o   Customer, cost, communication, convenience

o   Product, perception, price, promotion

o   Perception, prediction, perfection, promotion

 

Question 9                

The primary activities in the value chain are

Question options:

 

o   Inbound logistics, outbound logistics, marketing and sales, and service

o   Outbound logistics, operations, marketing and sales, and service

o   Inbound logistics, operations, outbound logistics, and service.

o   Inbound logistics, operations, outbound logistics, marketing and sales, and service

 

 

Question 10              

Companies can succeed without a business model

Question options:

 

o   True

o   False

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