MARKETING MANAGEMENT (MB106) – OBJECTIVE TYPE QUESTIONS (ONE SET) MBA I SEMESTER 1. Which of the following is central to any definition of marketing? a. Making a profit b. Making a sale c. Demand management d. Transactions e. Customer relationships 2. Introducing new products to existing markets is an example of: a. conglomerate diversification b. vertical diversification c. horizontal diversification d. concentric diversification 3. When a company acquires a supplier through an acquisition
satisfied 8. Unwholesome demand – attraction to products with undesirable social consequences Key Customer Markets - Consumer, Business, Global, and Nonprofit and Governmental Types of Needs – Stated, Real, Unstated, Delight, Secret Types of Marketing Environments Task - includes the actors engaged in producing, distributing, and promoting the offering Broad – demographic, environment, economic, social-cultural, natural, and technological
DBA 1652 Marketing Management UNIT -- I Unit No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Unit Title Marketing management – an introduction Marketing environment Marketing with other functional areas of management Market segmentation Market targeting and positioning Product management Brand management Pricing Channel design and management Retailing and Wholesaling Integrated Marketing Communication Advertising management Sales promotion Personal selling Public
UNIVERSITY, (Distance Learning Program) MARKETING Management (ADL-10) Analytical Questions ASSIGNMENT - A Q1. Define Marketing, distinguish between Selling and marketing. What are the four components of Marketing Mix, briefly explain. ? Ans1. WHAT IS MARKETING? What docs the term marketing mean '? Marketing must be understood not in the old sense of making a sale - "selling" - but in the new sense of satisfying customer needs. We define marketing as a social and managerial process by which
Use of the newspapers, radio, magazines, television and brochures, are some of the traditional marketing modes. Technological advancements have brought about new and efficient advertising means. Web marketing relates to application of internet tools in marketing of products and services such as online publications, video and audio files among others posted in websites. Online coverage last longer and can be retrieved in future (24/7) by interested customers. Newspapers and magazines are only bought
Ch 1 Question 1 Which of the following statements is correct? a) Marketing is the term used to refer only to the sales function within a firm b) Marketing managers usually don 't get involved in production or distribution decisions c) Marketing is an activity that considers only the needs of the organization, not the needs of society as a whole d) Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers
I want to become a marketing manager. A marketing manager is someone in a company who directs and is in charge of promoting and advertising the company 's products. Marketing managers would have to create campaigns and be organized. Additionally, they plan out how the product will be communicated with the customers. They are in charge of making sure the campaigns stay on budget and are profitable. In order to become a marketing manager I need to get a bachelor’s degree and go to a four year college
* Home * Business * Small Business Information * Marketing * Marketing management Marketing/Marketing management Advertisement Expert: Leo Lingham - 10/7/2009 Question Sir could you please answer the following two questions for me? I need your help in answering these. PLease reply me as soon as possible. 1. Marketing management an artistic exercise and therefore highly subjective versus marketing management is largely a scientific excercise with well established guidelines
Marketing Research Introduction Marketing research is “the process of defining a marketing problem and opportunity, systematically collecting and analyzing information, and recommending actions.” (Kerin, Hartley, & Rudelius, 2015) Marketers use marketing research to improve and reduce the risk of marketing decisions. The role of marketing research is to provide management with significant, precise, consistent, valid, and up-to-date information. Marketing research is not a flawless tactic to solve
Marketing Mix in marketing management is used to attract consumers and for sales promotion, using the four basic elements/components of the mix, namely, Product, Price, Place, and Promotion (four Ps). A combination and fair application of these marketing essentials is called Marketing Mix. The four Ps may sound simple but are the crucial marketing algorithm elements. The four Ps must work together and if any on the Ps fail, the entire marketing mix is in fault state. Assuming that if we have all