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# ✅ **Unit 1: Marketing – Creating Customer Value and Engagement**
1. **Kotler’s definition of marketing:**
**✔️ c) Social and managerial processes to exchange offerings of value**
2. **Positioning in customer value–driven strategy:**
**✔️ c) Creating a distinct image of the offering in customers' minds**
3. **Reason why integrated marketing plans fail:**
**✔️ a) Lack of consistent promotion across touchpoints**
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### ✅ **Unit 2: Analysing the Marketing Environment**
4. **Macroenvironment aspect affecting pricing, availability, promotion:**
**✔️ b) Economic**
5. **Microenvironment includes:**
**✔️ b) Competitors, suppliers, and the company itself**
6. **Challenger strategy aims to:**
**✔️ c) Directly confront and displace market leaders**
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### ✅ **Unit 3: Consumer Markets and Buyer Behaviour**
7. **‘Complex buying behaviour’ model:**
**✔️ b) High involvement and significant perceived differences**
8. **Psychological influencer in consumer behaviour:**
**✔️ b) Learning**
9. **Stage after information search:**
**✔️ c) Evaluation of alternatives**
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### ✅ **Unit 4: Business Markets and Buyer Behaviour**
10. **Characteristic distinguishing business markets:**
*(You didn’t complete the options, but likely correct answer is)*
**✔️ Larger purchase quantities** (opposite of what’s listed as option b)
You've compiled a rich set of MCQs—perfect for revision! Here are the **correct answers** across Units 4 to 12:
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### ✅ **Unit 4: Business Markets and Buyer Behaviour**
- Business markets vs. consumer: **✔️ c) Professional purchasing efforts**
- Buying process begins with: **✔️ c) General need recognition**
- Modified rebuy: **✔️ c) Purchase with some changes in terms, suppliers, or specifications**
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### ✅ **Unit 5: Customer Value–Driven Marketing Strategy**
- Differentiated marketing: **✔️ c) Offering products to multiple segments with separate offers**
- After segmentation: **✔️ b) Targeting**
- Customer-driven strategy aims at: **✔️ b) Exceeding customer expectations for long-term value**
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### ✅ **Unit 6: Products, Services, and Brands**
- Key service characteristic: **✔️ c) Variability**
- Product line stretching: **✔️ c) Adding new products within the existing range**
- Brand equity: **✔️ a) The financial value of brand assets**
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### ✅ **Unit 7: New Products & Product Life Cycle**
- Market performance stage: **✔️ b) Business analysis**
- Growth stage priority: **✔️ b) Increasing market share quickly**
- Test market: **✔️ a) Predict consumer demand under full-scale marketing**
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### ✅ **Unit 8: Pricing – Capturing Value**
- Value-based pricing: **✔️ c) Perceived customer benefits**
- Internal pricing factor: **✔️ c) Company’s marketing objectives**
- Skimming pricing used when: **✔️ c) Entering a new market with a unique product**
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### ✅ **Unit 9: Pricing Strategies – Additional**
- Psychological pricing: **✔️ b) Reduce mental barriers in perceived cost**
- Captive-product pricing: **✔️ b) Price complementary products higher**
- Cash discount: **✔️ b) Encourage early payment**
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### ✅ **Unit 10: Marketing Channels**
- Vertical systems differ by: **✔️ c) Act as a unified system with one channel member owning others**
- Multichannel distribution: **✔️ c) Reaching diverse customer segments across multiple touchpoints**
- Channel conflict cause: **✔️ c) Competing goals among channel members**
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### ✅ **Unit 11: Integrated Marketing Communication**
- NOT part of promotion mix: **✔️ c) Customer Relationship Management**
- Goal of IMC: **✔️ c) To deliver a clear, consistent, and compelling message across all media**
- PR focus: **✔️ c) Building favourable relationships between the company and its stakeholders**
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### ✅ **Unit 12: Digital, Social, Mobile Marketing**
- Advantage of direct marketing: **✔️ b) Allows for personalized and interactive communication**
- Effective social media marketing: **✔️ c) It encourages customer interaction and builds brand communities**
- Mobile marketing priority: **✔️ c) Designing content for optimal responsiveness on smaller screens**
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