Deck 7: Step 4: Determining Marketing Actions
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Deck 7: Step 4: Determining Marketing Actions
1
The major tactics that managers can employ in launching a marketing effort are referred to as:
A) the marketing tactics
B) the four P's
C) the five forces of competition
D) none of the above
A) the marketing tactics
B) the four P's
C) the five forces of competition
D) none of the above
B
2
The central part of the marketing mix is the:
A) product
B) price
C) promotion
D) distribution
A) product
B) price
C) promotion
D) distribution
A
3
With the increasing transparency by health care organizations, consumers are now able to judge healthcare providers by using:
A) qualitative data
B) sentiment analysis
C) quantitative data and qualitative data
D) all of the above
A) qualitative data
B) sentiment analysis
C) quantitative data and qualitative data
D) all of the above
C
4
The key to having a good service is:
A) being transparent to the marketplace
B) ensuring that the ratings in third party platforms are excellent
C) exceeding the customers' expectations
D) delivering a service at below the price expectations
A) being transparent to the marketplace
B) ensuring that the ratings in third party platforms are excellent
C) exceeding the customers' expectations
D) delivering a service at below the price expectations
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5
Which of the following is a dimension by which consumers have been found to not judge services?
A) assurance
B) reliability
C) responsiveness
D) redundancy
A) assurance
B) reliability
C) responsiveness
D) redundancy
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6
In developing loyalty, it has been found that patients make judgments:
A) relative to what they have read on social media sites like Facebook and blog posts
B) based on their expectations to their experience
C) relative to what their friends and family told them their experiences were like
D) in terms of how the doctor related to them interpersonally
A) relative to what they have read on social media sites like Facebook and blog posts
B) based on their expectations to their experience
C) relative to what their friends and family told them their experiences were like
D) in terms of how the doctor related to them interpersonally
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7
When employees are knowledgeable and courteous, this attribute is one of ____ by which consumers use to judge services:
A) assurance
B) reliability
C) responsiveness
D) redundancy
A) assurance
B) reliability
C) responsiveness
D) redundancy
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8
Loyalty of patients was found to be highly correlated to two key attributes:
A) assurance and responsiveness
B) responsiveness and tangibles
C) tangibles and reliability
D) reliability and assurance
A) assurance and responsiveness
B) responsiveness and tangibles
C) tangibles and reliability
D) reliability and assurance
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9
When a service declines in its life cycle:
A) it is always a function of strategy
B) it can be the result of factors beyond the control of the manager
C) price changes can usually correct the decline
D) looking for a market niche can help stem the decline
A) it is always a function of strategy
B) it can be the result of factors beyond the control of the manager
C) price changes can usually correct the decline
D) looking for a market niche can help stem the decline
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10
Program modifications can be accomplished by one of two ways:
A) Feature modifications or price changes
B) Feature modifications or distribution changes
C) Program modifications or feature additions
D) Feature additions or distribution alterations
A) Feature modifications or price changes
B) Feature modifications or distribution changes
C) Program modifications or feature additions
D) Feature additions or distribution alterations
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11
Quality has two dimensions:
A) perceptual and absolute
B) absolute and variable
C) variable and determinant
D) clinical or technical and perceptual
A) perceptual and absolute
B) absolute and variable
C) variable and determinant
D) clinical or technical and perceptual
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12
Which if the following is not a component of a great brand?
A) brands have a long term carry over affect
B) brand have financial value
C) brands have awareness and esteem
D) brands have high recognition
A) brands have a long term carry over affect
B) brand have financial value
C) brands have awareness and esteem
D) brands have high recognition
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13
The total accumulated value or worth of a brand is referred to as the:
A) Brand asset
B) Brand value
C) Brand equity
D) Brand goodwill
A) Brand asset
B) Brand value
C) Brand equity
D) Brand goodwill
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14
The Mayo Clinic using their name on a health newsletter is an example of a:
A) Multi-brand strategy
B) Brand extension
C) Name awareness
D) Reseller brand
A) Multi-brand strategy
B) Brand extension
C) Name awareness
D) Reseller brand
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15
Family branding often occurs when:
A) the organization has many related brands
B) many of the companies within the organization are owned by relatives
C) there is positive brand equity
D) it is a family owned or private company
A) the organization has many related brands
B) many of the companies within the organization are owned by relatives
C) there is positive brand equity
D) it is a family owned or private company
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16
A consistent level of service deliver is essential when the company follows a ____ branding strategy:
A) multiservice
B) brand extension
C) reseller
D) blanket
A) multiservice
B) brand extension
C) reseller
D) blanket
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17
MD Anderson promotes their cancer services at Orlando Regional Medical Center in Florida. This is an example of which branding strategy.
A) co-branding
B) cooperative branding
C) joint branding
D) reseller branding
A) co-branding
B) cooperative branding
C) joint branding
D) reseller branding
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18
Which of the following is not a benefit commonly associated with the middle levels of the channel of distribution:
A) access
B) grading
C) consolidation
D) construction
A) access
B) grading
C) consolidation
D) construction
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19
Being available when the consumer needs or wants the product or service is represented by which value provide by middle levels of the channel of distribution?
A) Access
B) Time savings
C) Economy
D) Flexibility
A) Access
B) Time savings
C) Economy
D) Flexibility
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20
When the service provider deals with the end user, that channel of distribution could be called:
A) direct
B) one stage
C) simple
D) provider centric
A) direct
B) one stage
C) simple
D) provider centric
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21
Which of the following is not a major trend affecting channels today?
A) structure
B) interdependency
C) integration
D) structure
A) structure
B) interdependency
C) integration
D) structure
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22
Disintermediation in the channel refers to:
A) the elimination of the middleman
B) the breaking apart of the traditional channel
C) bypassing the referral source
D) Intervening in the channel processes by utilizing power sources
A) the elimination of the middleman
B) the breaking apart of the traditional channel
C) bypassing the referral source
D) Intervening in the channel processes by utilizing power sources
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23
Reintermediaiton in the channel is:
A) utilizing power to control the channel relationships
B) reentering the channel with urgent care centers
C) intervening when there is channel conflict
D) the appearance of specialized intermediaries linking buyers and providers
A) utilizing power to control the channel relationships
B) reentering the channel with urgent care centers
C) intervening when there is channel conflict
D) the appearance of specialized intermediaries linking buyers and providers
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24
An indirect channel exists when:
A) A consumer has to return to the service provider more than once for care
B) The service provider needs the assistance of an intermediary
C) There is no direct way to get care
D) There are no indirect channels
A) A consumer has to return to the service provider more than once for care
B) The service provider needs the assistance of an intermediary
C) There is no direct way to get care
D) There are no indirect channels
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25
A retail medical clinic would be classified as a:
A) two stage channel
B) direct channel
C) indirect channel
D) primary channel
A) two stage channel
B) direct channel
C) indirect channel
D) primary channel
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26
Tertiary medical centers that have relied on referrals from primary care physicians could be said to have historically used what type of channel?
A) primary
B) secondary
C) direct
D) indirect
A) primary
B) secondary
C) direct
D) indirect
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27
In a push strategy the organization tries to control the channel by:
A) advertising to end users
B) building loyalty of members of the channel
C) eliminating the middlemen in the channel
D) none of the above are correct
A) advertising to end users
B) building loyalty of members of the channel
C) eliminating the middlemen in the channel
D) none of the above are correct
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28
In recent years, pharmaceutical companies have done an increasing amount of direct-to -consumer advertising to encourage them to ask physicians for particular pharmaceuticals by name that requires a doctor's script. This is an example of a:
A) pull strategy
B) illegal activity
C) coercive tactic
D) promotional push approach
A) pull strategy
B) illegal activity
C) coercive tactic
D) promotional push approach
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29
Which of the following has not been cited as source of power to control the channel?
A) Coercive
B) Reward
C) Legitimate
D) Irrelevant
A) Coercive
B) Reward
C) Legitimate
D) Irrelevant
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30
When a health care system or medical group is well known in the marketplace, its power may be referred to as:
A) reward
B) legitimate
C) identification
D) coercive
A) reward
B) legitimate
C) identification
D) coercive
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31
In recent years, many tertiary academic medical centers have opened primary care satellites. This could be described as:
A) Horizontal integration
B) Primary integration
C) Forward integration
D) Backward integration
A) Horizontal integration
B) Primary integration
C) Forward integration
D) Backward integration
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32
Price shopping in health care may take place when all but the following conditions tend to occur:
A) The services are not complex
B) The service need is not urgent
C) Bundled prices are the norm
D) All of these are conditions that must be present
A) The services are not complex
B) The service need is not urgent
C) Bundled prices are the norm
D) All of these are conditions that must be present
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33
When price is presented in a clear and easy to understand manner, consumers have been found to:
A) still follow their doctors advice as to where to seek care
B) be willing to trade-off hospital brand name and distance if it will save them money
C) trade off brand name of the hospital if it is within ten miles
D) check the quality ratings of the hospital and ask their doctor
A) still follow their doctors advice as to where to seek care
B) be willing to trade-off hospital brand name and distance if it will save them money
C) trade off brand name of the hospital if it is within ten miles
D) check the quality ratings of the hospital and ask their doctor
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34
The higher the technology required, the higher there is the potential for:
A) penetration pricing
B) price bundling
C) skim pricing
D) elasticity pricing
A) penetration pricing
B) price bundling
C) skim pricing
D) elasticity pricing
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35
Charging different amounts for hospital parking by time of day is an example:
A) Skim pricing
B) Elasticity pricing
C) Price maximization
D) Penetration pricing
A) Skim pricing
B) Elasticity pricing
C) Price maximization
D) Penetration pricing
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36
Global pricing is similar to:
A) cost plus pricing in health care
B) price elasticity
C) skim pricing
D) price bundling
A) cost plus pricing in health care
B) price elasticity
C) skim pricing
D) price bundling
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37
Price can play an active or passive role in positioning. In an active role, price is:
A) a visible part of the strategy whether it is high or low
B) price is visible and is lower than the competition
C) price is visible and higher than the competition
D) price is actively changed as competitors enter.
A) a visible part of the strategy whether it is high or low
B) price is visible and is lower than the competition
C) price is visible and higher than the competition
D) price is actively changed as competitors enter.
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38
When a company pays a predetermined amount for coverage towards a medical service or procedure this is referred to as:
A) global pricing
B) skim pricing
C) reference pricing
D) center of excellence contracting
A) global pricing
B) skim pricing
C) reference pricing
D) center of excellence contracting
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39
In a high/ passive positioning position in terms of price:
A) the price is high and is very key to promotion
B) the price is high but other attributes of the service are focused upon in promotion
C) the service is positioned relative to the price and key service attributes
D) neither the price nor service attributes are discussed in advertising
A) the price is high and is very key to promotion
B) the price is high but other attributes of the service are focused upon in promotion
C) the service is positioned relative to the price and key service attributes
D) neither the price nor service attributes are discussed in advertising
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40
In a competitive market, the pricing position that makes the least sense is:
A) high /passive
B) low/passive
C) high/active
D) low/active
A) high /passive
B) low/passive
C) high/active
D) low/active
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41
In a volume sensitive business, the ratio of costs is:
A) high fixed cost to total cost
B) high fixed costs to variable costs
C) high variable costs to total costs
D) high variable costs to fixed costs
A) high fixed cost to total cost
B) high fixed costs to variable costs
C) high variable costs to total costs
D) high variable costs to fixed costs
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42
Margin sensitive businesses have a cost structure that is:
A) high fixed cost to total cost
B) high fixed costs to variable costs
C) high variable costs to total costs
D) high variable costs to fixed costs
A) high fixed cost to total cost
B) high fixed costs to variable costs
C) high variable costs to total costs
D) high variable costs to fixed costs
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43
In margin sensitive organizations, a small increase in price can lead to:
A) a large increase in sales
B) a large increase in earnings
C) a decrease in costs
D) none of these are correct
A) a large increase in sales
B) a large increase in earnings
C) a decrease in costs
D) none of these are correct
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44
Integrated marketing communications can be best viewed as:
A) consistent implementation of consistent content under one strategy
B) integrating all pricing and distribution within a total marketing effort within communications holistically
C) integration of all marketing staff with a communication objective both to internal and external stakeholders
D) none of the above adequately represents integrated marketing communications
A) consistent implementation of consistent content under one strategy
B) integrating all pricing and distribution within a total marketing effort within communications holistically
C) integration of all marketing staff with a communication objective both to internal and external stakeholders
D) none of the above adequately represents integrated marketing communications
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45
Owned media are:
A) media that are owned by third parties such as major media companies
B) media owned by individuals such as peole who post opinions on social media sites
Media
C) owned by the company or health care organization
D) all of the above can be considered owned media
A) media that are owned by third parties such as major media companies
B) media owned by individuals such as peole who post opinions on social media sites
Media
C) owned by the company or health care organization
D) all of the above can be considered owned media
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46
Which of the following is not one of the elements of promotion?
A) advertising
B) personal selling
C) public relations
D) these are all elements of promotion
A) advertising
B) personal selling
C) public relations
D) these are all elements of promotion
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47
In the pre-WEB 2.0 world communication could be described as:
A) informative
B) multimedia
C) uni-directional
D) none of these are correct
A) informative
B) multimedia
C) uni-directional
D) none of these are correct
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48
The promotional challenge in a WEB 2.0 environment is for an organization to:
A) to be able to communicate on the internet
B) to pre-test effectively
C) to participate in the constellation of the conversation
D) to be able to use all media vehicles along with the web effectively
A) to be able to communicate on the internet
B) to pre-test effectively
C) to participate in the constellation of the conversation
D) to be able to use all media vehicles along with the web effectively
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49
Advertising decisions for organizations revolve around two central decisions:
A) Media selection and web tracking
B) Web pod casting and media section
C) Media selection and copy strategy
D) Copy strategy and media selection
A) Media selection and web tracking
B) Web pod casting and media section
C) Media selection and copy strategy
D) Copy strategy and media selection
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50
Common post-testing procedures for advertising are:
A) recognition and awareness
B) recognition and recall
C) recall and understanding
D) recall and knowledge
A) recognition and awareness
B) recognition and recall
C) recall and understanding
D) recall and knowledge
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51
A major advantage to newspaper advertising has been:
A) speed of competitive response
B) cost
C) selectivity
D) all of these are advantages
A) speed of competitive response
B) cost
C) selectivity
D) all of these are advantages
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52
To reach targeted audiences, one of the best media vehicles might be:
A) newspapers
B) television
C) magazines
D) billboards
A) newspapers
B) television
C) magazines
D) billboards
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53
Maximum selectivity is provided with which medium?
A) direct mail
B) billboards
C) television
D) radio
A) direct mail
B) billboards
C) television
D) radio
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54
In healthcare, the media vehicle found to play an important role for reinforcement and reminder is:
A) television
B) radio
C) direct mail
D) billboards
A) television
B) radio
C) direct mail
D) billboards
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55
Cost per thousand is a useful tool for choosing between:
A) broadcast media
B) all media vehicles
C) only print media
D) web alternatives
A) broadcast media
B) all media vehicles
C) only print media
D) web alternatives
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56
The preferred, preferred performance -based approach preferred particularly by affiliate marketing programs is:
A) cost per mille
B) cost per click
C) cost per affiliate
D) Cost per action
A) cost per mille
B) cost per click
C) cost per affiliate
D) Cost per action
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57
A content-based metric in advertising is:
A) cost per mille
B) cost per click
C) cost per affiliate
D) cost per action
A) cost per mille
B) cost per click
C) cost per affiliate
D) cost per action
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58
The budgeting that assumes the relationship is inverse between promotion and sales is:
A) competitive parity
B) all you can afford
C) percent of revenue
D) objective and task
A) competitive parity
B) all you can afford
C) percent of revenue
D) objective and task
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59
The method of budgeting for promotion that requires the most planning is:
A) all you can afford
B) percent of sales
C) competitive parity
D) objective and task
A) all you can afford
B) percent of sales
C) competitive parity
D) objective and task
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60
Missionary activity of a sales force is primarily:
A) Sales
B) Cross-selling
C) Good will building
D) encompasses all three activities
A) Sales
B) Cross-selling
C) Good will building
D) encompasses all three activities
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61
In the pre-purchase stage, typically the more important promotional variable is:
A) sales
B) advertising
C) couponing
D) none of the above
A) sales
B) advertising
C) couponing
D) none of the above
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62
In the post-purchase stage, a buyer is more satisfied if:
A) There is more personal contact
B) There is follow-up advertising messages that are personalized
C) There is a patient portal that the buyer can link into to communicate to the provider
D) It always depends on the industry
A) There is more personal contact
B) There is follow-up advertising messages that are personalized
C) There is a patient portal that the buyer can link into to communicate to the provider
D) It always depends on the industry
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63
Step 4 in the process of developing competitive marketing plans involves translating marketing objectives into specific actions.
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64
The major tactics that managers can employ in launching a marketing effort are referred to as the four Ps.
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65
Action can be divided into two components: the general component and the measurable component.
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66
The marketing plan flows from the pricing strategy that is selected.
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67
In recent years, the Federal government has provide the largest data base for transparency on healthcare.
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68
The key to good service is to exceed the customer's expectations.
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69
The quality of a product or service is best defined by the customer.
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70
In defining the quality of a service, a major dimension used by consumers is whether the employees were knowledgeable and courteous.
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71
In a study within one large multi-specialty group, reliability and responsiveness was found to be two major determinants to patient loyalty.
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72
In a study within one large multi-specialty group, reliability and responsiveness was found to be two major determinants to patient loyalty.
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73
Service delivery extends beyond the clinical components of the offering and must be effectively managed.
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74
In looking for program modifications, there are two ways to accomplish this challenge: by adding features or by reducing the price.
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75
What consumers want from a health care service is very different than from other service providers.
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76
If a hospital provides outstanding technical service it is less important to provide great customer service
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77
When competition intensifies, differentiation can often be achieved by improving quality.
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78
As long as there is outstanding technical quality, even with less than good service delivery, a health care provider can succeed in a competitive market.
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79
Brand loyalty is a way in which organizations can create barriers to entry from competition.
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80
Brand association is what links a consumer's memory to a company's image.
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