Mgt bate Study guides, Class notes & Summaries

QUESTIONS AND ANSWERS

MGT 103 Midterm 1 DeMill Exam Questions & Revised Correct Answers. Guarantee Pass!! 4 P's of Marketing - ANSWER : Product, Price, Place, Promotion Question Marks - ANSWER : Low share of high-growth market Stars - ANSWER : High share of high-growth market Cash Cows - ANSWER : generates large amount of cash Dogs - ANSWER : Low share of slow-growth markets SWOT analysis - ANSWER : strengths, weaknesses, opportunities, threats product - ANSWER : features, brand name, packaging, se...

Mgt 103 Demill Midterm 1 Exam Questions & Revised Correct Answers. Guarantee Pass!! What is marketing - ANSWER : Delivering value to customers. Seeks to: Discover needs and wants of customers Satisfy them Exchange - ANSWER : Money for goods and services Requirements for marketing to occur - ANSWER : 1. Two or more parties with unsatisfied needs 2. Desire and ability to satisfy these needs 3. A way for the parties to communicate 4. Something to exchange How marketing discovers ...

MGT 103 Midterm 1 DeMill Exam Questions & Revised Correct Answers. Guarantee Pass!! 4 P's of Marketing - ANSWER : Product, Price, Place, Promotion Question Marks - ANSWER : Low share of high-growth market Stars - ANSWER : High share of high-growth market Cash Cows - ANSWER : generates large amount of cash Dogs - ANSWER : Low share of slow-growth markets SWOT analysis - ANSWER : strengths, weaknesses, opportunities, threats product - ANSWER : features, brand name, packaging, s...

MGT 103 Midterm Exam Questions & Revised Correct Answers. Guarantee Pass!! Marketing - ANSWER : interpret the needs and wants of customers, communicate solutions, facilitate change, decision making is messy and may not be "right" answer Sales era - ANSWER : 1930s-1970s Production era - ANSWER : s Marketing concept era - ANSWER : 1950s-2000s Customer relationship era - ANSWER : 1980spresent marketing concept - ANSWER : identifies needs and wants of the customer and provides it...

MGT 103 Midterm Exam Questions & Revised Correct Answers. Guarantee Pass!! Definition of Marketing - ANSWER : 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. Exchange - ANSWER : Marketing Concept - ANSWER : Analyze Market Opportunities → Select Target Audience → Market Research → Formulate the Marketing Mix → Implement & Control. N...

MGT 103 Midterm Exam Questions & Revised Correct Answers. Guarantee Pass!! What is marketing? 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. marketing is the creation of, discovery of, communication of, and delivery of value What is exchange? the trade of things of value between a buyer and seller so that each is better off after the trade ...

MGT 103 Final Demill Exam Questions & Revised Correct Answers. Guarantee Pass!! Four P's - ANSWER : PRODUCT - features, brand name, packaging, service, warranty PRICE - list price, discounts, allowances, credit terms, payment period PLACE - advertising, personal selling, public relations, sales promotion, direct marketing PROMOTION - outlets, channels, coverage, transportation, stock levels Cohesive marketing program - ANSWER : Also known as an integrated marketing program ...

MGT 103 Final Demill Exam Questions & Revised Correct Answers. Guarantee Pass!! Four P's - ANSWER : PRODUCT - features, brand name, packaging, service, warranty PRICE - list price, discounts, allowances, credit terms, payment period PLACE - advertising, personal selling, public relations, sales promotion, direct marketing PROMOTION - outlets, channels, coverage, transportation, stock levels Cohesive marketing program - ANSWER : Also known as an integrated marketing program ...

Adv Marketing Mgt Test 2