________ Can Work to the Advantage of Marketers with Strong

question 13

Multiple Choice

________ can work to the advantage of marketers with strong brands when consumers make neutral or ambiguous brand information more positive.

• A) Selective attention
• B) Selective distortion
• C) Selective retention
• D) Selective choice
• E) Selective embellishment

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Definitions:

Fair Value Zone

An assessment area within which the price of an asset is considered to reflect its true market value.

Value Map

A tool used to compare the value delivered by different products or services in the marketplace from the perspective of the customer.

Product's Cost

The total expense incurred in manufacturing, marketing, and distributing a product to the end user.

Mass Marketing

A strategy that aims to appeal to a large, broad audience by targeting the average consumer with general advertising messages.