RYAN'S RUNNERS MINI CASE: Ryan Wants to Open a Store

question 19

Multiple Choice

RYAN'S RUNNERS MINI CASE: Ryan wants to open a store that caters to athletes, but, due to space and budgetary constraints, he recognizes that he will not be able to offer the same variety and selection of products as does the local athletic mega-store, so he has decided to focus specifically on runners. He stocks shoes and related gear for runners, and maintains a staff that is knowledgeable and enthusiastic about running. Ryan's advertising campaign emphasizes his store's high standard of customer service and selection of products specifically tailored to meet the needs of the runner.
-In the RYAN'S RUNNERS MINI CASE, by portraying his store as a one-stop-shop for all your running needs, Ryan has developed a distinct image for his store. This is an example of ________.

• A) segmentation
• B) targeting
• C) placement
• D) positioning
• E) social marketing

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Definitions:

Sexual Appetite

An individual's desire or drive for sexual activity and expression, which can vary greatly among people.

Hindsight Bias

The tendency to believe, after learning an outcome, that one would have predicted it beforehand, often referred to as the "I-knew-it-all-along" phenomenon.

Political Election

A formal group decision-making process by which a population chooses an individual to hold public office.

Predicted Outcome

An anticipated result or consequence based on certain conditions or variables.