Examination Paper: Marketing Management IIBM Institute of Business Management 1 IIBM Institute of Business Management Examination Paper MM.100 International Marketing Management Section A: Objective Type (30 marks) Part One: Multiple choices: 1. International marketing includes activities that direct the flow of goods from a. One country to one country b. One country to another country c. One country to multiple country d. All of the above 2. ETC stands for a. Expert trading companies b. Essential
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decision of the marketing department of Wiggo in opening the outlet would be the following: Using the PESTLE Model for the situational analysis it was found that the main external factors which would influence Wiggo Tropico are the age distribution‚ class and mobility of the population‚ the target market being lower Middle class. The level of technology‚ the state of the economy and the political climate are all other factors affecting the tactical decisions of the Marketing Department. Wiggo’s
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Needs Human needs are states of felt deprivation.Needs are the basic requirements of human being‚ without these basic requirements like food‚ cloths and shelter no one can live life in this world. The extended form of needs are health and education which for sure every on basic need in today’s world but they come after food‚cloths and shelter. Marketers play no role in creating needs‚ they are natural default requirements of every human being. Organization already know the needs there is no requirement
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discrimination 7. It refers to an arrangement where another company through its own marketing channel sells the products of one producers. d. Strategic channel alliance 8. It involves facility consisting of the means & equipments necessary for the movement of passengers of goods. c. Transportation 9. The advertising which is used to inform consumers about a new product or feature & to build primary demands is known as: b. Informative advertising 10. An art that predicts the likelihood
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Home Improvement strives to provide marvellous shopping experience that consumer have never experienced before via marketing strategies. This essay will outline the marketing environment analysis of Masters Home Improvement in terms of macro and micro factors. Then‚ it will discuss the marketing approach. In the end‚ some recommends will be given to Masters Home Improvement. 1. Marketing Environment Analysis—Micro Trends 1.1 Customers According to Kotler and Armstrong (2012‚ p. 93)‚ Customers are
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27-Sep-11 16:22:00 PM Pages 1-20 A firm’s performance is stricktly related to the strategy they adopt‚ and good strategy affect all of the functional areas of the firm. Three main concepts are essential to develop competency in strategic managment. 1- firms and industries are dynamic‚ therefore we can’t see a firm as a snapshot in one particular moment‚ but as a ongoing movie. Therefore‚ if a firm is successful now‚ that is the result of many decisions made over time. 2- In order to succeed‚ it’s
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Europe‚ and America. Each of the hotels has its own pricing criteria according to the location. Marketing strategies employed by individual hotels ensures they get enough customers in accommodation. Their main target of clients is the tourist visiting different countries like Kenya. To capture these customers‚ the need to create awareness of what services are offered arises. The hotel has marketing criteria where different prices are charged for the different seasonal period in a year. The pricing
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Essay on Marketing Management Areda L. Sermons Liberty University BUSI 520-B18 This essay will explore how Joshua 1:9 relates to marketing management. The main point of the verse is to be courageous. Daily aspects of life require courage. For some‚ courage comes easily. For others‚ it may present a challenge. Courage can be defined as the quality of the mind or of the spirit that enables a person to face something that may be difficult‚ a danger‚ painful‚ etc.‚ without
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Module Title: Marketing Management Programme: MBA – Part Time Table of Content 1.0 Introduction 2 2.0 Executive Summary 2 3.0 Business Nature of AmBank 3 4.0 Past and Present Business Strategy 3 5.0 Challenges of AmBank 4 6.0 Customer Experience 5 7.0 Customer and Marketing Segmentation‚ Targeting and Positioning of AmBank 6 8.0 Rebranding 9 9.0 Right Marketing Mix 12 9.1 Product 12 9.2 Price
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Spring 2010(Jan-June) Master of Business Administration-MBA Semester 2 MB0046 – Marketing Management - 4 Credits (Book ID: xxxxxxx) Assignment Set- 1 (60 Marks) Note: Each question carries 10 Marks. Answer all the questions. Q.1 a. Explain the meaning of market with its features. (4 marks) b. Marketing involves more activities than only being an exchange process. How can you prove the validity of this statement? (6 marks) Q.2 a. Examine how a firm’s micro environment operates when compared
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