INTRODUCTION TO MARKETING: examples of exam questions based on Kotler‚ Keller‚ Bradly‚ Goodman‚ Hansen: Marketing Management‚ 2009. Harlow: Pearson. The answers need to be essay type. 1) Define what is marketing and describe what can be marketed (Kotler et al. 2009‚ 6 – 11). 2) Describe the marketing concepts/ philosophies and how do they differ from each other. (Kotler et al. 2009‚ 25) 3) What is involved in a marketing plan? Describe the main parts. (Kotler et al. 109 – 113). 4) Describe Ansoff’s
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Chapter 1: Marketing Principles and Society Definitions: Chartered Institute of Marketing (CIM): The management process of anticipating‚ identifying and satisfying customer requirements profitably (CIM‚ 2001) The American Marketing Association: The activity‚ set of institutions and processes for creating‚ communicating‚ delivering‚ and exchanging offerings that have value for customers‚ clients‚ partners‚ and society at large. (AMA‚ 2007) These definitions stress the importance of considering
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Topic 1: Introduction to Marketing Red Bull 1. The Product/ Competitors/Industry 1.1 Product Red Bull is a sweet‚ caffeinated drink aimed to give consumers the high energy kick. Available only in rather expensive 250ml cans‚ 350ml bottles‚ with 4 packs and only two ‘flavours’ (original or sugar-free). It contains caffeine‚ taurine‚ glucuronolactone‚ and B vitamins. Founded in 1984 by Austrian businessman Dietrich Mateschitz‚ Red Bull has become the worlds leading energy drink‚ a staple in many
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like to thank the honorable authors of the book “Principles of Marketing”- A South Asian Perspective‚ written by Philip Kotler & Gray Armstrong‚ P.Y. Agnihotri and Ehsan ul Haque because we have taken a lot of information from his book. 1st September‚ 2014 To Mr. Sarker Rafij Ahmed Ratan Assistant Professor‚ School of Business & Economics‚ United International University‚ Dhaka Subject: Submission of Introduction to Marketing (MKT 23120 business plan. Dear Sir‚ We are pleased to submit
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Definition of Search Engine Marketing Search Engine Optimisation Search engine Optimisation (SEO) as a subset of search engine marketing seeks to improve the number and quality of visitors to a web site from "natural" ("organic" or "algorithmic") search results. SEO is marketing by appealing first to machine algorithms to increase search engine relevance and secondly to human visitors. The term SEO can also refer to "search engine Optimisers"‚ an industry of consultants who carry out Optimisation
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Homeostasis by definition is the technical term for the process of maintaining a constant internal environment despite changes in the external environment. The internal environment comprises of blood‚ tissue fluid‚ body cell contents and all metabolic processes taking place inside the body. This process is essential to the survival of a person and to our species as a whole. The liver‚ the kidneys‚ and the brain (hypothalamus‚ the autonomic nervous system and the endocrine system) help maintain
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TUTE 1 – Strategic Planning/Marketing Planning 1. What is marketing planning? How does it differ from strategic planning? Marketing planning | Strategic planning | - more on business-unit‚ product and market level‚ steps eg: planning‚ marketing and other functional strategies | - it is more on corporate level‚ steps such as defining the company mission‚ setting company objectives and goals‚ designing the business portfolio | - marketing objectives that must compatible with company objectives
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MARKETING It defines marketing management as the process of planning & executing the conception of pricing‚ promotion‚ distribution of goods‚ services‚ ideas to create exchanges that satisfy individual and organizational goals. AMA- AMERICAN MARKETING ASSOCIATION. CORE CONCEPTS OF MARKETING Figure No.: Marketing Management is a social and managerial process by which individuals or firms obtain what they need or want through creating‚ offering‚ exchanging products of value with each
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Role of Marketing Bloom’s: Apply AACSB: Reflective Thinking Page: 07 Value is the customer’s perception of all of the benefits of a product or service weighed against all the costs of acquiring and consuming it. Benefits can be functional (the performance of the product)‚ experiential (what it feels like to use the product)‚ and/or psychological (feelings such as self-esteem or status that result from owning a particular brand). | | 2 INCORRECT | | How did integrated marketing communications
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Notes The business environment consists of a range of major influences that are outside a business. These include political‚ social‚ legal changes that affect business. However‚ most business people will tell you that it is changes in economic factors that they fear most because they can have such a dramatic effect‚ as witnessed by the global economic crisis of 2008-09. Economic environment The economy is made up of millions of individual decision makers who buy and sell goods‚ borrow and lend
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