UNIVERSITY OF DHAKA 2ND MID TERM EXAMINATION; WINTER SEMESTER 2015 COURSE CODE # 522 (STRATEGIC MARKETING MANAGEMENT) INSTRUCTIONS: 1. You must answer all the questions. 2. Each question is of equal value. 3. At first, write the question and then answer. Write your name and ID on the cover page. 4. As it is an individual effort, copying script means you are ready to achieve zero. 5. Compose and attach the answer file and then email it to the course teacher. 6. Total marks for this exam is 15. 7. You can exceed the word limit +/- 10%. 8. Submission date: 18 March, 2015 before 11.30p.m. Q.1. Suppose, you are going to start a footwear company and you need to make decision on segmentation. You need to select a segmentation strategy in this regard. How will you do this? (250 words) Q.2. A competitor analysis of the Cheer Up soft drink brand is being conducted. Management plans to position the brand against its key competitors. Should the competitors consist of only other non-cola drinks? If , your answer is yes/no then, why? Defend your position with appropriate logics and theory. (250 words) Q.3. Traditional product development involved building a prototype and then getting customer feedback. These may cause a great danger for your company of losing business by the competitors. So, as a manufacturer (think of your own product) you wanted to adopt a new strategy that will eliminate the weaknesses of traditional approaches. What kind of market sensing process you should accept and how will you implement it? (300 words)