Marketing messages passed from one individual to another through some form of Internet technology is:

A) interactive marketing
B) cyberbranding
C) viral marketing
D) brand spiraling

C

Business

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If a business enhances the quality of a product, makes it more convenient to use, improves its durability, or makes it more up-to-date, any one of those initiatives fall under the category of ________

A) increasing the market penetration of an existing product or service B) extending product lines C) geographic expansion D) licensing E) improving an existing product or service

Business

After requesting a SWOT analysis of his fitness club business, Malik received the following results:

Internal Strength: skilled personal trainers External Opportunity: high-income local residents Internal Weakness: lack of popular fitness classes External Threat: discount memberships at a competitor's club What should Malik do first to help grow the business? A) offer competitor price matching B) expand class offerings C) prepare a BCG matrix D) weight the SWOT results

Business