Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

In developing a marketing strategy, why might an organization use a positioning map?

a) To discover what position new entrants might move into in the market.

b) To see whether the company has a competitive advantage over its competitors. c) To understand more about the dimensions of customer value. d) To see how many competitors there are in the market.

user-image
Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2015/02/27
Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

a) To discover what position new entrants might move into in the market.

Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

Agreed to you sir.....................

 

a) To discover what position new entrants might move into in the market.

agreed with all ..................

Tamer Elbeshbishy
by Tamer Elbeshbishy , Financial and Administration Manager , Muscat Towers Holding Group

Answer A is correct  regarding the positioning map

Bilal Khan
by Bilal Khan , Senior Tax Accountant , Finvesco Limited

Positioning Map is used to determine where an organisation can position them self in the Market to expand their market and it can also be used to identify barriers to entry. On the other hand this mapping can identify where their is an opening for new entrants in the market so that an organisation can raise the barriers to entry for new entrants.

 

Such model cant be relied in isolation but can give a potential understanding.

 

Option A would be right ans.

 

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.