Question
1.Define the four (4) elements of a SWOT analysis an explain what is the purpose of conducting a SWOT analysis 2.Explain the three major economic
1.Define the four (4) elements of a SWOT analysis an explain what is the purpose of conducting a SWOT analysis
2.Explain the three major economic influences on the marketing environment of companies?
3.With reference to the Buying Decision Making Process explain the roles of following:
1.Initiator
2.Influencer
3.Decider
4.Buyer
User
1.Differentiate between habitual problem solving and variety seeking problem solving
2.List the five Criteria for Successful Segmentation
3.List the four forms of customers value and explain two of them:
4.What is meant by customer driven strategy?
5.List the main variable of segmentation and explain two of them:
6.Explain two of the criteria to identify the most effective segment:
7.In your own words, explain what is meant by the Marketing environment
8.List any 5 elements of the Macro environment
9.List any 4 elements of the Micro environment
10.Give any 3 examples of the economic forces
11.Give any two examples of the social forces
12.Give any 3 examples of political and legal forces
13.Give any 3 examples of ecological forces
14.Give any 7 examples of technological forces
15.In your own words, explain why companies have to understand consumer behaviour
16.What is the name given to people involved in making a buying decision in a company?
17.Explain the difference between extended problem solving and habitual problem solving
18.List any 5 examples of social media influencers
19.In your own words explain what is meant by customer insights
20.Give examples of 3 types of marketing research
21.Explain the meaning of market segmentation
22.List any 4 segmentation variables
23.List 5 criteria for a successful market segment
24.Explain undifferentiated marketing
25.Explain differentiated marketing
26.Explain focused marketing
27.Explain customized marketing
28.Explain what is meant by a target market
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