A Key to Positioning a Product or Brand Effectively Is

question 43

Multiple Choice

A key to positioning a product or brand effectively is discovering the perceptions of its potential customers.In determining its positioning in the minds of customers,companies take four steps: (1) identify the important attributes for the product or brand class; (2) discover how target customers rate competing products or brands with respect to these attributes; (3) ___________;and (4) reposition the company's product or brand in the minds of potential customers.

• A)discover where the company's product or brand is on these attributes in the minds of potential customers
• B)decide whether to keep or delete the market segment that your product offering targets
• C)identify the competitors' brands that make up the consideration set
• D)create a marketing plan based on customers' perceptions
• E)identify market niches that were not previously selected during the market segmentation process

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Definitions:

Employee Engagement

The level of an employee's emotional investment, enthusiasm, and commitment toward their work and organization.

Mental And Physical Health

The overall condition of an individual's psychological, emotional, and physical well-being.

Sexual Misconduct

Encompasses a range of behaviors from harassment to assault that violate the sexual boundaries of another person, often occurring in workplaces, educational settings, and public spaces.

Human Resource Management

The strategic approach to the effective management of people in an organization, which helps them gain a competitive advantage. It includes recruiting, hiring, training, and managing employee relations.