A
Q.1 What are the five steps to formulate a successful mar- keting plan?
Q.2 How would you apply and use Google digital tools?
Q.3 Describe keyword lists to test the plan.
Q.4
How would you use digital channels to create demand?
Q.5 List three kinds of segmentation. For what kinds of products or services would one kind be more important than another?
Q.6 What are product positioning and perceptual mapping?” (Clue – Search the internet for definitions and examples.)
Q.7 What is viral marketing? Provide an example not referred to in this book. Why do you think a viral effect was created in your example?
Q.8 How can a small company use Google AdWords for market research?
Q.9
What factors determine whether the business would offer discounts?
Q.10 What are the three pricing objectives? Give an exam- ple of an industry that would use each.
Q.11 Youownacafeinalargeurbanareathatcarriesatotal of$500,000peryearinfixedcosts.Yourcafesellsonly coffee for $2.50 per cup. The average variable cost per cup (coffee mix, cup costs, etc.) is $1. How many cups do you need to sell per day to break even? If the price of the coffee decreased by 10 percent for a special pro- motion (with all other costs staying the same), how many cups would you need to sell to break even?
B
Q.1What are the key attributes of crowdsourcing?
Q.2 What are the main differences between open and closed innovation?
Q.3 Name four different types of crowdsourcing and describe how they differ.
Q.4 What are the advantages of tournament‐based crowdsourcing?
Q.5 What is the main difference between open‐source development and crowdsourced development?
Q.6 Where would you place on Figure 5.2 a (a) develop- ment done entirely by an in‐house R&D group and a (b) collaborative development done by a closed group of companies. (Use Sematech as your model.
Q.7 Name four different applications of crowdsourcing that can be used by entrepreneurs in starting and growing their ven- tures? How do they differ?
Q.8 Name five different types of crowdfunding and how they differ. What are the advantages of reward‐based funding over equity‐based crowdfunding? Does the hybrid model remove these disadvantages—explain your answer?
Q.9 Name three risks associated with crowdsourcing and how these can be managed.
Q.10 Describe a business that is not mentioned in this chapter but which uses the crowd as a key part of their business model. Explain how this can create a sustainable competitive advantage.
Lars is planning a meeting to decide on a new policy for evaluating probationary employees. How many participants should he invite?
A businessperson meets with an executive from another country, and she immediately begins to discuss business. The executive might be particularly offended if he is from which country?
Teams should try to avoid conflict entirely because it reduces morale.(T/F)
Teams may reach a decision by ____________________, which requires that discussion continues until all members have ...
Procuring digital preservation CAN be quick and painless with our new dynamic...
AQ.1 What are the five steps to formulate a successful mar- keti.docx
1. A
Q.1 What are the five steps to formulate a successful mar-
keting plan?
Q.2 How would you apply and use Google digital tools?
Q.3 Describe keyword lists to test the plan.
Q.4
How would you use digital channels to create demand?
Q.5 List three kinds of segmentation. For what kinds of
products or services would one kind be more important than
another?
Q.6 What are product positioning and perceptual mapping?”
(Clue – Search the internet for definitions and examples.)
Q.7 What is viral marketing? Provide an example not referred to
in this book. Why do you think a viral effect was created in
your example?
Q.8 How can a small company use Google AdWords for market
research?
Q.9
What factors determine whether the business would offer
discounts?
Q.10 What are the three pricing objectives? Give an exam- ple
of an industry that would use each.
Q.11 Youownacafeinalargeurbanareathatcarriesatotal
of$500,000peryearinfixedcosts.Yourcafesellsonly coffee for
$2.50 per cup. The average variable cost per cup (coffee mix,
cup costs, etc.) is $1. How many cups do you need to sell per
day to break even? If the price of the coffee decreased by 10
percent for a special pro- motion (with all other costs staying
the same), how many cups would you need to sell to break
even?
B
Q.1What are the key attributes of crowdsourcing?
Q.2 What are the main differences between open and closed
innovation?
2. Q.3 Name four different types of crowdsourcing and describe
how they differ.
Q.4 What are the advantages of tournament‐based
crowdsourcing?
Q.5 What is the main difference between open‐source
development and crowdsourced development?
Q.6 Where would you place on Figure 5.2 a (a) develop- ment
done entirely by an in‐house R&D group and a (b) collaborative
development done by a closed group of companies. (Use
Sematech as your model.
Q.7 Name four different applications of crowdsourcing that can
be used by entrepreneurs in starting and growing their ven-
tures? How do they differ?
Q.8 Name five different types of crowdfunding and how they
differ. What are the advantages of reward‐based funding over
equity‐based crowdfunding? Does the hybrid model remove
these disadvantages—explain your answer?
Q.9 Name three risks associated with crowdsourcing and how
these can be managed.
Q.10 Describe a business that is not mentioned in this chapter
but which uses the crowd as a key part of their business model.
Explain how this can create a sustainable competitive
advantage.
Lars is planning a meeting to decide on a new policy for
evaluating probationary employees. How many participants
should he invite?
A businessperson meets with an executive from another country,
and she immediately begins to discuss business. The executive
might be particularly offended if he is from which country?
Teams should try to avoid conflict entirely because it reduces
morale.(T/F)
Teams may reach a decision by ____________________, which
requires that discussion continues until all members have aired
their opinions and, ultimately, agree. (consensus)
Test 2
3. A company's annual report describes the company's efforts to
improve the environment. The primary purpose of this report is
to ____; the secondary purpose is to ____. (inform/persuade)
Lawrence has been asked to learn how many cars drive by a
specific location that his company is considering for a new
restaurant. Probably the most useful way to research this
information would be by(investigate primary sources)
For the amount of, until such time as, and due to the fact that
are examples of(compound prepositions) The third phase of the
3-´-3 writing process includes ____________________,
proofreading, and evaluating.(revising)
Kathryn booked a hotel through a local travel agency. Her
accommodations were not as the agent described. Although she
stayed in the hotel, she was very unhappy and feels that the
agent is at fault. The best way for Kathryn to communicate her
unhappiness with the accommodations would be to (write a
letter)
Mary Anne is writing a sales letter to a company in Japan,
which is a high-context culture. What should she do to make
sure she is persuasive with this audience?(emphasize we and our
and not the I view)
Which of the following is the best advice when communicating
bad news?(write the bad news carefully)
What is the first thing most companies do for damage control
when a problem arises?(call the individual if possible)
If you have any questions, please do not hesitate to contact me
is an example of an effective, professional closing for an e-mail
message or memo. (T or F) FALSE
Storing and accessing data along with software in a remote
network is known as __________ (cloud computing)
Because the ____________________ of a persuasive message
establishes the strategy of the message, determine it
first.(purpose)
what is the difference in a pie chart, a line chart and a bar chart
What is the difference in an analytical report and an
informational report