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B2B Marketing Quiz answers

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B2B Marketing Quiz



1. Write your own definition of business-to-business marketing in about 15 words.





Key point is that answer must refer to the nature of the customer rather than to the nature of the

product. B2B customers are organizations. B2B marketing is marketing to organizations.







2. Allocate each of the products/companies to one of the following product categories …



(A) Entering goods – raw materials

(B) Entering goods – manufactured materials and parts

(C) Foundation goods – installations

(D) Foundation goods – accessory equipment

(E) Facilitating goods – supplies

(F) Facilitating goods – maintenance & repair services

(G) Facilitating goods – business advisory services



Product/company Category

Office cleaning company F

Management consultancy firm G

A manufacturing plant (factory) C

Office water coolers D

Car windscreens (windshields) B

Aluminium ore A

Computer processor chip B

Merchant bank G

Industrial crane C







3. What is the fundamental difference between an ‘original equipment manufacturer’

transaction and an ‘after-market’ transaction?



In an OEM transaction the customer buys a component for incorporation into a final product;

the final product will be sold under the OEM brand name. Examples are DELL computers

(which use components from many different manufacturers) and a Nokia mobile phone.

After-market transactions take place after the OEM product has been sold to an end-user. For

example, a memory upgrade to a Dell PC using components bought at PC World.







Business to Business Marketing, by Brennan, Canning & McDowell, Sage, 2010

Indicate whether the following are OEM transactions or after-market transactions



Transaction Write in ‘OEM’ or ‘Aftermarket’ (AM)

4. Intel sells Pentium processors to Dell OEM

5. Motorola sells 4Gb RAM chips to PC AM

World to sell through retail outlets

6. Microsoft sells Windows 7 software to OEM

Toshiba to install on new laptops

7. VARTA sells car batteries to Kwik-Fit AM

(tyre & exhaust garages)

8. VARTA sells car batteries to Nissan to use OEM

on new Micras

9. Tesco buys car mats from Autostyle to sell AM

in-store



True or false?



Insert ‘True’ or ‘False’

10. We say that the demand for B2B products and services is False

‘direct’

11. The key difference between B2B markets and B2C markets is False

the nature of the products bought and sold (for example, cranes in

B2B markets, washing powder in B2C markets)

12. In B2B markets customers often exercise a lot of buying True

power

13. The ‘buying centre’ is the office in which buyers and False

purchasing managers are located

14. A straight rebuy can become a modified rebuy if the ‘in- True

supplier’ creates customer dissatisfaction by missing an important

delivery deadline

15. As a rule, the elasticity of demand for B2B products and False

services is ‘perverse’ and the elasticity of demand for B2C

products and services is ‘normal’

16. Derived demand means that the demand for a product is True

created by the demand for other products which it is used to make

17. Business customers seldom employ professional buyers False

18. Organisational buyers generally spend a lot of time and effort False

when making straight rebuy decisions









Business to Business Marketing, by Brennan, Canning & McDowell, Sage, 2010

19. Put the following steps in the buying process into the correct order from 1 to 8

The wrong order The right order

Information search Purchase initiation

Negotiations Formation of evaluation criteria

Formation of evaluation criteria Information search

Implementation Shortlisting for RFQ

Evaluation of quotations Evaluation of quotations

Shortlisting for RFQ (request for quotations) Negotiations

Supplier choice Supplier choice

Purchase initiation Implementation



20. In addition to an Initiator, a Buyer and a Decider, the normal roles found in a B2B buying

centre are:

(a) Gatekeeper, Influencer, Evaluator

(b) User, Influencer, Gatekeeper 

(c) Purchasing manager, quality manager, accountant

(d) Managing director, Secretary, Purchasing director

(e) None of the above is correct



You are the sales manager of a company that sells industrial cranes. One of your sales

executives has been to visit a client and has made a note of the key buying criteria that the

client is concerned about. Which criteria would you say are ‘task’ and which criteria would

you say are ‘non-task’? (Notice that the buying criteria have been recorded verbatim by the

sales executive in the language used by the client, so some of the descriptions are a little

curious.)

Buying criterion Insert ‘task’ or ‘non-task’

21. ‘I want a bigger b****y crane than those Non-task

b*****s down the road, because I’m not having

them showing me up’ (referring to his competitors)

22. ‘It had better be more reliable than the last Task

[expletive] crane I bought; that one kept on

breaking down’

23. ‘You lot always tell me that you’ve got Task

competitive prices … well, [expletive]! … You had

better give me a really good price or I’m not

[expletive] interested’

24. ‘Quite frankly, I don’t much like the Germans. Non-task

It’s not made in Germany, is it?’

25. ‘What’s the maximum load it will carry?’ Task

26. ‘Can you tell me about the kind of servicing Task

deals you offer? What about routine maintenance?’

27. ‘I hear that your boss takes his favourite Non-task

customers to play golf at Wentworth every now and

then. You know, I quite enjoy the occasional round

of golf.’







Business to Business Marketing, by Brennan, Canning & McDowell, Sage, 2010


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