Below are my answers to the following multiple choice questions, please check and correct me if im wrong, thanks :)
1.Manufacturing high end products in Canada requires
(Multiple Answers Allowed)
Select one or more:
a. Very focused customer strategy
b. International marketing strategy
c. Minimizing as much of the risk as you can
d. Innovative strategy & Culture
2. Evans Consoles was first started by an
Select one:
a. Accountant in Calgary
b. Investment firm from New York
c. Same family that owns Calgary Flames
d. Dr. Richard Game
3. Knowing a set of VERTICAL customers means understanding the needs of all
Select one:
a. A specific set or type of customer's across many companies
b.customers across a single entire company
my answers:
1. a,c
2. a
3. b
I agree, but I think all of the answers for 1 are correct. Check your text.
alright, thank you so much :)
You're welcome.
1. Manufacturing high-end products in Canada requires:
a. Very focused customer strategy
c. Minimizing as much of the risk as you can
Your answer for question 1 is correct. Manufacturing high-end products in Canada requires a very focused customer strategy, as you need to understand your target market and their preferences in order to create successful products. It also requires minimizing as much risk as possible, as manufacturing high-end products often involves significant investments and potential financial risks.
2. Evans Consoles was first started by an:
a. Accountant in Calgary
Your answer for question 2 is correct. Evans Consoles was first started by an accountant in Calgary. This indicates that someone with a strong financial background was responsible for establishing the company.
3. Knowing a set of VERTICAL customers means understanding the needs of all:
b. Customers across a single entire company
Your answer for question 3 is correct. Knowing a set of VERTICAL customers means understanding the needs of all customers across a single entire company. This means you have a comprehensive understanding of the customer base within one specific company.
Overall, your answers are correct. Well done!