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The overall value of a brand is measured in terms of its___.
A.
Total income
B.
Product/service being offered
C.
Social media presence
D.
Business strategy
E.
Brand equity
Correct Answer
E. Brand equity
Explanation Brand equity refers to the value and perception that consumers have towards a brand. It encompasses various factors such as brand awareness, brand loyalty, brand associations, and perceived quality. The overall value of a brand is determined by its brand equity, which represents the intangible assets and reputation that the brand has built over time. This includes the trust and loyalty that consumers have towards the brand, as well as the premium that they are willing to pay for its products or services. Therefore, brand equity is a crucial measure of a brand's worth and success in the market.
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2.
Why is it important to have a digital marketing strategy?
A.
A digital marketing strategy creates consumer demand by using the power of the interconnected, interactive web.
B.
A digital marketing strategy rigidly determines the foundation for the brand's strategy.
C.
A digital marketing strategy allows the brand to create separate business and brand-building objectives for the digital vs the traditional spheres.
D.
A digital marketing strategy reduces the need for digital marketing strategists to constantly measure and adapt to ensure the highest ROI.
E.
A digital marketing strategy defines how a brand will leverage digital channels to fulfil a business challenge or objective.
Correct Answer
E. A digital marketing strategy defines how a brand will leverage digital channels to fulfil a business challenge or objective.
Explanation A digital marketing strategy is important because it provides a clear plan and direction for a brand to effectively utilize digital channels in order to achieve specific business goals or objectives. By defining the approach and tactics to be used, it ensures that the brand's efforts are focused and aligned with its overall strategy. This helps in maximizing the impact of digital marketing activities and increasing the chances of success in the highly competitive online landscape.
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3.
When creating and implementing a digital marketing strategy, which of the following should a business avoid?
A.
Examining the context of the organisation and the various stakeholders.
B.
Identifying the supporting value-adds to the brand promise that are unique to the digital landscape.
C.
Considering objectives, tactics, KPIs and targets.
D.
Finding a way to work agility into the strategy.
E.
Deriving goals of a website or campaign separately from the brand's objectives.
Correct Answer
E. Deriving goals of a website or campaign separately from the brand's objectives.
Explanation When creating and implementing a digital marketing strategy, a business should avoid deriving goals of a website or campaign separately from the brand's objectives. This means that the goals set for a website or campaign should align with and support the overall objectives of the brand. It is important to ensure that the digital marketing strategy is integrated with the brand's objectives, considering the context of the organization and stakeholders, identifying value-adds unique to the digital landscape, and considering objectives, tactics, KPIs, and targets. Working agility into the strategy is also important to adapt to changing market conditions.
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4.
The Four P's of marketing help you structure the components that make up a brand's offering. What are the Four P's of marketing?
A.
People, Place, Power, Price
B.
Price, Place, Product, People
C.
Product, Price, Purpose, People
D.
Purpose, Potential, Price, Product
E.
Product, Price, Place, Promotion
Correct Answer
E. Product, Price, Place, Promotion
Explanation The Four P's of marketing are Product, Price, Place, and Promotion. These elements are essential in developing a successful marketing strategy. Product refers to the tangible or intangible goods or services that a brand offers. Price is the amount customers are willing to pay for the product. Place refers to the distribution channels and locations where the product is available. Promotion involves the marketing activities used to communicate and promote the product to the target audience.
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5.
What is the Porter's Five Forces analysis?
A.
It's a mindmap of how the business will achieve its objectives using five forces of marketing.
B.
It's a business tool that helps calculate the wins and losses so that the brand can identify weaknesses to work on.
C.
It's an analysis of five different ways a businesscan track the outcome of a campaign.
D.
It's a marketing strategy tool that can only be used to understand the competition that the brand faces in the market.
E.
It's a business tool that helps determine the competitive intensity and attractiveness of a market.
Correct Answer
E. It's a business tool that helps determine the competitive intensity and attractiveness of a market.
Explanation Porter's Five Forces analysis is a business tool that helps determine the competitive intensity and attractiveness of a market. It involves analyzing five different forces: the threat of new entrants, the bargaining power of buyers, the bargaining power of suppliers, the threat of substitute products or services, and the intensity of competitive rivalry. By assessing these forces, businesses can understand the overall competitiveness of their industry and make informed decisions about their market strategy.
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6.
What does SMART stand for?
A.
Specific, manageable, attractive, realistic and tactical.
B.
Smart, measurable, accessible, realistic and tactical
C.
Specific, measurable, achievable, reachable to audience and temporary
D.
Specific, measurable, achievable, realistic and time-bound
Correct Answer
E. Specific, measurable, attainable, realistic, time-bound
Explanation The correct answer is "Specific, measurable, attainable, realistic, time-bound." This acronym, SMART, is commonly used in goal-setting and project management to ensure that objectives are well-defined and achievable. Specific means that the goal is clear and well-defined. Measurable means that progress towards the goal can be quantified. Attainable means that the goal is realistic and can be achieved. Realistic means that the goal is practical and feasible. Time-bound means that there is a specific timeframe or deadline for achieving the goal.
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7.
What is Digital Marketing fundamentally powerful for?
A.
Creating engaging campaigns and you have improved conversion rates.
B.
Global reach and you can get involved in social media.
C.
Effective customer service and data collection.
D.
Personalized marketing and it is highly cost-effective.
E.
It is almost completely measurable and your audience can be segmented very precisely
Correct Answer
E. It is almost completely measurable and your audience can be segmented very precisely
Explanation Digital marketing is fundamentally powerful because it is almost completely measurable and allows for precise audience segmentation. This means that marketers can track and analyze the performance of their campaigns in real-time, making data-driven decisions to optimize their strategies. Additionally, digital marketing allows for highly targeted advertising, reaching specific segments of the audience based on their demographics, interests, and behaviors. This level of precision helps in maximizing the effectiveness of marketing efforts and achieving higher conversion rates.
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8.
What is positioning?
A.
Determining where your online ads will be served
B.
Allowing people to go directly to the business instead of transacting through a middleman
C.
Allowing tactics and strategies to be modified and optimised as you go
D.
Creating a roadmap for achieving your business goals
E.
Situating your brand in a unique place in people’s minds
Correct Answer
E. Situating your brand in a unique place in people’s minds
Explanation Positioning refers to the process of situating a brand in a unique place in people's minds. It involves creating a distinct image and perception of the brand in the target audience's minds, differentiating it from competitors. This positioning helps consumers associate specific attributes, values, or benefits with the brand, making it stand out and influencing their purchasing decisions. By effectively positioning the brand, businesses can establish a competitive advantage and build strong brand loyalty among consumers.
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9.
When setting specific digital marketing goals, what are the four key aspects to consider?
A.
Time; Budget; Performanc; Digital Channels
B.
Economical factors; Political climate; Advances in technology; Changes in digital trends
C.
Digital Channels; Target Audience; Objectives; Budget
Correct Answer
E. Objectives; Tactics; Key performance indicators (KPIs); Targets
Explanation When setting specific digital marketing goals, the four key aspects to consider are:
Objectives: Clear and specific goals you want to achieve.
Tactics: Strategies and methods you will use to achieve these objectives.
Key Performance Indicators (KPIs): Metrics to measure the success of your efforts.
Targets: Specific, measurable outcomes you aim to achieve within a set timeframe.
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10.
What is user-centric thinking?
A.
Taking time after a project or service has been delivered to consider the user journey.
B.
If your current marketing strategy does not work, attempting to place hte user at the core of all business decisions.
C.
Selling a product or service according to the business needs and objectives.
D.
Thinking about the users' needs after defining the features of benefits of a product/service.
E.
Placing the user at the core of ALL decisions
Correct Answer
E. Placing the user at the core of ALL decisions
Explanation User-centric thinking refers to the practice of placing the user at the core of all decisions. This means considering the needs, preferences, and experiences of the user throughout the entire process, from defining the features and benefits of a product or service to delivering it and beyond. By prioritizing the user, businesses can ensure that their offerings are tailored to meet user needs and provide a positive user experience. This approach can lead to increased customer satisfaction, loyalty, and ultimately, business success.
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11.
A brand creates a user persona for Courtney, who is driven by emotion, rich storytelling, and social belonging. What does this imply for a brand?
A.
This knowledge of the user means that the brand should look into developing an app that caters to the user's social activities.
B.
The brand needs to understand the importance of creating socially rich platforms for users to buy into.
C.
The brand should now understand how to properly communicate with their audience by implementing more KPI's.
D.
The brand needs to implement a matrix sampling method on users to allow the brand to see further opportunities.
E.
This knowledge should drive how the brand communicates with the persona and how the brand experience is tailored to make her feel like part of a community.
Correct Answer
E. This knowledge should drive how the brand communicates with the persona and how the brand experience is tailored to make her feel like part of a community.
Explanation The correct answer implies that the brand should use the knowledge of Courtney's preferences and characteristics to shape their communication strategy and create a brand experience that makes her feel like part of a community. This suggests that the brand should focus on building a sense of social belonging and emotional connection through their messaging and brand experience.
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12.
Which of the following statements is false?
A.
Digital disruption can appear in many small and large ways and is not just continuing, but accelerating.
B.
One of the results of digital tools and media is a destabilising of the status quo.
C.
Marketers are forced to keep cognisant of global shifts while tracking and focusing on niche communities and specific segments within their market.
D.
Attention economy is a term used to describe the large number of things competing for customer attention.
E.
Rather than making stuff people want, successful organisations are focused on making people want stuff.
Correct Answer
E. Rather than making stuff people want, successful organisations are focused on making people want stuff.
Explanation Successful organizations are focused on making people want stuff. This statement is false because successful organizations are actually focused on making stuff that people want. The key to success is understanding the needs and desires of the customers and creating products or services that fulfill those needs. The statement suggests a reversal of this concept, implying that organizations create a desire for their products rather than responding to existing demands. However, this goes against the fundamental principles of marketing and business success.
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13.
Which of the following is NOT a demographic factor?
A.
Income
B.
Race
C.
Gender
D.
Age
E.
Personality
Correct Answer
E. Personality
Explanation Personality is not considered a demographic factor because it refers to an individual's unique characteristics, traits, and behaviors, which are not determined by factors such as income, race, gender, or age. Demographic factors are typically objective and measurable characteristics that are used to categorize and analyze populations, such as income level, racial or ethnic background, gender identity, and age group. Personality, on the other hand, is subjective and varies greatly from person to person.
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14.
Which of the following is a psychographic factor?
A.
Trends
B.
Occupation
C.
Marital status
D.
Education level
E.
Motives
Correct Answer
E. Motives
Explanation A psychographic factor refers to a characteristic or trait that relates to an individual's personality, values, attitudes, interests, and motivations. Motives, as mentioned in the answer, are a psychographic factor as they pertain to the underlying reasons or desires that drive a person's behavior or decision-making. The other options listed, such as trends, occupation, marital status, and education level, are not psychographic factors as they do not directly relate to an individual's psychological or emotional characteristics.
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15.
Which of the following explains why default options work for decision making?
A.
They offer a path of least resistance
B.
They serve as a social signal
C.
They offer assurance
D.
They take advantage of loss aversion
E.
All the above answers are reasons why default options are good
Correct Answer
E. All the above answers are reasons why default options are good
Explanation Default options work for decision making because they offer a path of least resistance, meaning that people tend to choose the default option rather than exploring other alternatives. They also serve as a social signal, as people often follow what others are doing or what is considered the norm. Default options offer assurance by providing a sense of security and familiarity. Additionally, default options take advantage of loss aversion, where people are more likely to stick with the default option to avoid potential losses. Therefore, all of the above reasons explain why default options are good for decision making.
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16.
Secondary data can:
A.
Provide enough information to solve the problem at hand, thereby negating the need for further research.
B.
Provide sources for hypotheses that can be explored through primary research.
C.
Provide information to inform primary research, such as sample sizes and the audience.
D.
Be used as a reference base to measure the accuracy of primary research.
E.
All of the above
Correct Answer
E. All of the above
Explanation Secondary data can provide enough information to solve the problem at hand, as it may already contain the necessary data and insights. It can also provide sources for hypotheses that can be further explored through primary research, as it serves as a foundation for formulating research questions. Additionally, secondary data can provide valuable information to inform primary research, such as sample sizes and the target audience. Lastly, it can be used as a reference base to measure the accuracy of primary research findings, allowing for comparison and validation. Therefore, all of the given options are correct.
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17.
What is an online ethnography?
A.
An examination of the number of people who view your website.
B.
An online survey targeted towards consumers to gain better insights on a subject.
C.
The collection of data to present a new set of findings from original research.
D.
Data that is online that can be observed but not measured
E.
Researchers immersing themselves in a particular environment in order to gather insights.
Correct Answer
E. Researchers immersing themselves in a particular environment in order to gather insights.
Explanation Online ethnography refers to the practice of researchers immersing themselves in a particular online environment, such as a social media platform or online community, in order to gather insights and understand the behaviors, interactions, and experiences of the participants. It involves observing and analyzing online interactions, discussions, and activities to gain a deeper understanding of the culture, norms, and practices within that online community. This method allows researchers to study online phenomena and generate new insights from original research.
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18.
Customers can be particularly vocal about companies and products. What can tracking and monitoring this data help you establish?
A.
New audiences
B.
Research sampling method
C.
Qualitative data
D.
Quantitative data
E.
Customer sentiment
Correct Answer
E. Customer sentiment
Explanation Tracking and monitoring customer data can help establish customer sentiment. By analyzing customer feedback, reviews, and social media mentions, companies can gain insights into how customers feel about their products or services. This information is valuable for understanding customer satisfaction, identifying areas for improvement, and making informed business decisions. Customer sentiment analysis can also help companies gauge the effectiveness of their marketing campaigns and identify trends or patterns in customer behavior.
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19.
Fill in the blank: The validity of any data must be considered in light of your _________ design.
A.
Visual
B.
Social
C.
Product
D.
Marketing
E.
Research
Correct Answer
E. Research
Explanation The validity of any data must be considered in light of your research design. This means that when evaluating the accuracy and reliability of data, it is important to take into account the methodology and approach used in the research process. The research design determines how data is collected, analyzed, and interpreted, thus influencing the validity of the findings. By considering the research design, one can assess the credibility and trustworthiness of the data and make informed decisions based on it.
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20.
Which of the following cannot be used to measure success?
A.
How frequently people visit and engage on your site.
B.
Gross or median order value of sales.
C.
Service-related metrics like retention and
acquisitions.
D.
Technical performance metrics.
E.
Examining whether or not your organisation is data-led.
Correct Answer
E. Examining whether or not your organisation is data-led.
Explanation Examining whether or not your organization is data-led cannot be used to measure success because it is not a direct measure of performance or outcomes. While being data-led is important for making informed decisions, it does not directly indicate the success or effectiveness of a business. Success can be measured through metrics such as website engagement, sales order value, service-related metrics, and technical performance, as these factors directly reflect the performance and impact of the organization.
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21.
What is the goal of analyzing data?
A.
To make sure the company updates its consumer engagement processes and governance strategy accordingly.
B.
To make the data available to customer-facing staff as well as product designers.
C.
To make sure your company's data is organised.
D.
To make it easy to understand.
E.
To look for patterns and think about what those mean so that your business can make data driven decisions.
Correct Answer
E. To look for patterns and think about what those mean so that your business can make data driven decisions.
Explanation The goal of analyzing data is to look for patterns and understand their implications. By identifying patterns, businesses can make data-driven decisions, which means making decisions based on evidence and insights derived from data analysis. This approach allows companies to make informed choices that are more likely to lead to successful outcomes.
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22.
What does NPS stand for?
A.
Net Profit Score
B.
Net Production Score
C.
Net Preference Score
D.
Net Performance Score
E.
Net Promoter Score
Correct Answer
E. Net Promoter Score
Explanation NPS stands for Net Promoter Score. This metric is used to measure customer loyalty and satisfaction by asking customers how likely they are to recommend a company or product to others. It is calculated by subtracting the percentage of detractors (customers who are unlikely to recommend) from the percentage of promoters (customers who are highly likely to recommend). NPS is widely used in businesses to gauge customer loyalty and identify areas for improvement.
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23.
Which of the following is NOT one of the main forms of data?
A.
Algorithmic Intelligence
B.
Business Intelligence
C.
Customer Intelligence
D.
Software Intelligence
E.
Product Intelligence
Correct Answer
E. Product Intelligence
Explanation Product Intelligence is not one of the main forms of data. The other options listed (Algorithmic Intelligence, Business Intelligence, Customer Intelligence, and Software Intelligence) are all recognized as main forms of data. Product Intelligence typically refers to the insights and information gathered specifically about products and their performance, rather than being a broad category of data like the others.
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24.
What best describes 'leading indicators'?
A.
Leading indicators are pieces of information
from right now.
B.
Leading indicators are only useful for tech-focused brands.
C.
Leading indicators show your past performance.
D.
The immediate environment is a leading
indicator.
E.
Leading indicators help you define your strategy
for moving the business forward.
Correct Answer
E. Leading indicators help you define your strategy
for moving the business forward.
Explanation Leading indicators are pieces of information that help you define your strategy for moving the business forward. These indicators provide insights into current trends and conditions that can influence future outcomes. By analyzing leading indicators, businesses can make informed decisions and take proactive measures to achieve their goals. This answer accurately captures the essence of leading indicators and their importance in guiding strategic planning and decision-making processes.
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25.
_______________ is a massive network of connected ‘things’, people,
coffee makers, and almost anything else that can be given a connection
to the Internet.
A.
The Internet of Everything
B.
A Search Engine
C.
Google
D.
Social Media
E.
The Internet of Things
Correct Answer
E. The Internet of Things
Explanation The correct answer is The Internet of Things. The explanation for this answer is that the Internet of Things refers to the concept of connecting various physical devices and objects to the internet, allowing them to communicate and exchange data with each other. This network of connected things can include anything from household appliances, vehicles, and wearable devices to industrial machinery and infrastructure. The Internet of Things enables these objects to collect and share data, leading to increased automation, efficiency, and convenience in various aspects of our lives.
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26.
A/an _________ site uses the browser’s screen space to determine how to reflow the original design content to ensure that it works for any screen size.
A.
Adaptive
B.
Consistent
C.
Inconsistent
D.
Dynamic
E.
Responsive
Correct Answer
E. Responsive
Explanation A responsive site uses the browser's screen space to determine how to reflow the original design content to ensure that it works for any screen size. This means that the site will automatically adjust its layout and design elements to fit different screen sizes, such as those of mobile devices or desktop computers. This ensures a consistent and user-friendly experience across various devices and screen resolutions.
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27.
What is a sitemap?
A.
A piece of third-party code that extends the functionality of a website
B.
Scripts that run on a server, as opposed to a user’s browser
C.
A program that delivers web content to be viewed on the Internet
D.
A web address that is unique to every page on the Internet
E.
A page that links to every other page in the website and displays these links organised according to the information hierarchy
Correct Answer
E. A page that links to every other page in the website and displays these links organised according to the information hierarchy
Explanation A sitemap is a page that links to every other page in the website and displays these links organized according to the information hierarchy. It serves as a blueprint or directory for search engines to easily navigate and index the website's content. It helps improve the website's visibility and accessibility to both search engines and users, making it easier for them to find and navigate through the website's pages.
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28.
Which of the following is NOT a factor in good interface design?
A.
Navigation
B.
Credibility
C.
Layout
D.
Footers
E.
Web server
Correct Answer
E. Web server
Explanation Good interface design involves various factors such as navigation, credibility, and layout. Navigation refers to the ease with which users can move through the interface, credibility ensures that the interface is trustworthy and reliable, and layout determines the arrangement and organization of elements on the interface. Footers can also play a role in providing additional information or navigation options. However, the web server itself is not directly related to interface design, as it is responsible for hosting and serving the website rather than determining its design.
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29.
How do search engines access user data?
A.
Search engines are unable to access user data.
B.
Search engines can only access information when users click on a specific link.
C.
Search engines gain information without the
user's knowledge.
D.
Search engines track user activity using spyware.
E.
Search engines use cookies to maintain a
history of a user’s search activity.
Correct Answer
E. Search engines use cookies to maintain a
history of a user’s search activity.
Explanation Search engines use cookies to maintain a history of a user's search activity. Cookies are small files that are stored on a user's device and contain information about their browsing behavior. When a user performs a search, the search engine uses the cookies to track their activity and personalize their search results. This allows search engines to provide more relevant and targeted search results to users based on their previous searches.
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30.
What is SEO?
A.
Information that can be entered about a web page and the elements on it to provide context and relevant information to search engines.
B.
All of these answers are correct.
C.
A software system that allows an administrator to update the content of a website, so that a developer is not required
D.
Programs that travel the web, following links and building up the indexes of search engines
E.
The process of improving website rankings on search engine results pages
Correct Answer
E. The process of improving website rankings on search engine results pages
Explanation SEO stands for Search Engine Optimization, which is the process of improving website rankings on search engine results pages. This involves various techniques and strategies to make a website more visible and relevant to search engines, ultimately leading to higher rankings in search results. By optimizing a website's content, structure, and other factors, SEO aims to attract more organic traffic and increase the visibility and credibility of a website on search engines.
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31.
Which of the following is not helpful when optimising
images with keywords for SEO?
A.
Using descriptive, keyword-filled filenames.
B.
Using specific alt tags and title attributes.
C.
Making sure that the header tags and
images are relevant to each other.
D.
Adding meta information to the image.
E.
Adding text links.
Correct Answer
E. Adding text links.
Explanation Adding text links is not helpful when optimizing images with keywords for SEO because text links do not directly impact the optimization of images. Text links are used for linking different pages or sections of a website, but they do not affect the optimization of images with keywords. The other options mentioned, such as using descriptive filenames, specific alt tags and title attributes, ensuring relevance between header tags and images, and adding meta information to the image, all contribute to optimizing images for SEO by incorporating relevant keywords.
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32.
Search engines need to help users find what they're looking for. What signals do they not have to look for?
A.
Popularity
B.
Authority
C.
Relevance
D.
Trust
E.
Font type
Correct Answer
E. Font type
Explanation Search engines do not have to look for font type as a signal to help users find what they are looking for. Font type is not a relevant factor in determining the relevance, authority, or trustworthiness of a webpage. Search engines primarily focus on signals such as popularity, authority, and relevance to rank and display search results to users.
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