CLEP Marketing

Category - Positioning

To develop an effective product-positioning strategy that can be implemented successfully, it must include the following except
  1. Competitor analysis
  2. Internal (company) analysis
  3. Supply chain analysis
  4. Customer analysis
  5. Market analysis
Explanation
Answer: C - To develop an effective product-positioning strategy that can be implemented successfully, it must include the following except supply chain analysis. A product-positioning strategy must investigate a company’s resources as well as the external environment’s readiness for the positioning of brands and products. An internal analysis illuminates financial and human resources capabilities to implement the strategy, while a competitor analysis examines products against which the company’s desired ones are to be positioned. Customer and market analysis examine the readiness of consumers to respond to the positioning strategy.
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